Business Daily from THE HINDU group of publications
Thursday, March 22, 2007
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INFO-TECH

RESEARCH & DEVELOPMENT
IBM lab moves to new location
IBM India Research Laboratory is expanding in Delhi. Earlier located in the IIT campus, the new facility is now in the Vasant Kunj Institutional Area with more than double the floor space and better infrastructure. It will ... More

PREFERENTIAL ALLOTMENTS
KPIT Cummins in pact with Cargill Ventures
KPIT Cummins Infosystems Ltd, an IT consulting organisation, has said here that it has entered into an agreement with Cargill Ventures to issue shares of $4.5 million on a preferential basis, in addition to warrants convertible into shares of up ... More

OUTSOURCING
IBM bags outsourcing deal from Idea Cellular
$800-m, 10-year pact has revenue sharing component More

`India leads global offshore market'
A.T. Kearney says China is a close second More

TELECOMMUNICATIONS
Telcos disappointed with revised rates
Telecom operators, both private and state-owned, have expressed disappointment with the revised access deficit charges (ADC) announced by the Telecom Regulatory Authority of India. Mr T.V. Ramachandran, Director General, Cellular Operators ... More

New Tata Indicom roaming plan
Tata Teleservices Ltd has announced Business Gold Plan, a new roaming intensive package focusing on customers who have high roaming usage. With a monthly rental of Rs 349, customers can avail of 500 minutes of free incoming calls ... More

HARDWARE
Logging onto Lenovo
How has Lenovo grown as a brand after it acquired IBM's PC division? More

Sterlite enters modem business
Sterlite Optical has commenced manufacture of ADSL2+ Modems at its Aurangabad facility, securing an order for 3,000 modems in an `educational order' from public sector Bharat Sanchar Nigam Ltd. The company, which manufactures ... More

ARM's Cortex-M1 processor
ARM's Cortex-M1 processor designed specifically for implementation on FPGAs ( field-programmable gate array which is a semiconductor device with programmable logic components) is now available. Actel has worked with ARM as ... More

SOFTWARE
Cognizant bags US contract
Cognizant Technology Solutions has bagged a multi-year IT contract with the New York-based publishing company, Simon & Schuster Inc (S&S), part of the CBS Corporation. According to a press release, the company will provide . More

Wells Fargo sets up tech centre
Wells Fargo, one of the largest integrated financial services providers with about $482 billion in assets under management, has announced the opening up of its technology development centre in India at Hyderabad. It gradually plans to ramp this ... More

HUMAN RESOURCES
Accenture to hire more consultants
Keeping in line with its global plans to expand its management consulting business, Accenture has announced that it would be increasing the number of consultants in India to 2,000 by the end of August 2008 from the current 500. Globally, ... More

MERGERS & ACQUISITIONS
Quintegra acquires 2 overseas cos
Quintegra Solutions Ltd (formerly Soffia Software Ltd) has acquired two software companies — one in the US and another in Singapore — for a total consideration of $10.5 million (Rs 46.50 crore), according to its Chairman and Managing ... More

REGULATORY BODIES & RULINGS
International long-distance calls turning cheaper
Telecom Regulatory Authority cuts access deficit charges by 36% More

ALLIANCES & JOINT VENTURES
Bharti in pact with Gateway Gulf
Telecom major Bharti Airtel has entered into an agreement with the Bahrain-based Gateway Gulf to enhance its international connectivity in the Middle East region. As part of the deal Bharti will use Gateway Gulf `s data centre, Very Small ... More

Dhanus, 7Hills tie up
Chennai-headquartered Dhanus Technologies has tied up with 7Hills for integrating the former's logistics system, FleeTrac, with the latter's supply chain management solution, eBizNET. The combined offering would enable the ... More

EVENTS
C'wealth team at Technopark
A 15-member delegation of the 10th Commonwealth Study Conference visited Technopark as part of its mission to study the impact of industry and commerce on people and their living environment in the Commonwealth, particularly with regard to IT, ... More






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