INFO-TECH
TELECOMMUNICATIONS
Rural tele-density much below target
USO funds not fully used, private sector trails: Govt
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Mobile reach to triple in 4 years: Gartner
Mumbai, July 2 India would have more than 737 million mobile connections by 2012 and revenues from cellular services will exceed $37 billion by then.In the next four years, cellular market penetration would increase to 60.7 per cent ...
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HUMAN RESOURCES
Global Talent tool to stem attrition
Chennai, July 2 Global Talent Metrics, a company offering systems and tools for recruitment, has launched `StarSelect’ a product that helps employers bring down attrition through better selection processes.Addressing a press ...
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MERGERS & ACQUISITIONS
SemanticSpace buys US-based Prolifics
Hyderabad, July 2 IT services provider SemanticSpace Technologies on Wednesday announced the acquisition of Prolifics, a US-based system integrator and a specialist in IBM technologies for $40 million in a cash-cum earn-out deal. This ...
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NEW PROJECTS
iGATE to expand in Chennai
New facility at SEZ to be operational by year-end
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VENTURE CAPITAL
VC looking at non-IT sectors as well
Bangalore, July 2 Indian IT companies are no longer the only attraction for venture capitalists. Encouraged by strong consumer spending and a rapidly growing domestic market, venture capital firms are now investing in sectors that cater ...
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OUTLOOK
IDC sees 9.5% growth in manufacturing IT spends
China, India to notch top slots in Asia-Pacific
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