INFO-TECH
OVERSEAS BORROWINGS
Bartronics plans share capital hike
Bartronics India has informed BSE that an extraordinary general meeting (EGM) will be held on April 19 to consider hike in authorised share capital from Rs 30 crore to Rs 40 crore. The company would also consider issue of ...
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Intense Tech to raise funds for marketing
Intense Technologies Ltd, formerly Fortune Informatics Ltd., plans to raise additional funds either by offer of equity shares to qualified institutional buyers (QIBs) or by issue of Foreign Convertible Currency Bonds (FCCBs). At the company's ...
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OUTSOURCING
Flowserve to move engg services work from Europe to India
Flowserve Corp plans to move 30-40 per cent of its Europe-based engineering services work to India this fiscal. This would mean cost savings of about 40 per cent, according to Mr S. Gopinath, President, India Operations, Flowserve. The move ...
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TELECOMMUNICATIONS
Special recharge offer from Idea
Idea Cellular Ltd is offering a special recharge benefit to its prepaid customers. All prepaid customers who recharge for Rs 499 between April 11 and 15, will be able to make 499 minutes of Idea-to-Idea local calls at just 10 ...
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FINANCIAL PERFORMANCE
ECIL turnover surges
Buoyancy in voting machines, space-related biz helps
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SOFTWARE
Oracle Fusion helps in faster deployment
Independent software vendors (ISVs) in India and the Asia Pacific region have deployed over 200 integrated solutions using Oracle Fusion that helps in faster deployment of applications that can be plugged in easily to existing enterprise IT ...
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H-P software rated best
In a report on the business service management (BSM) market, analyst firm Forrester Research has named Hewlett-Packard as a leading company. HP Software earned the highest score for business service mapping and the second highest ...
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Quantum data management tool
Storage firm Quantum Corp introduced StorNext 3.0 data management software, with Quantum's patented data de-duplication technology. Other new features of the software are a distributed LAN client that enables applications on the ...
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HUMAN RESOURCES
`Bright opportunities in knowledge services'
IT and ITES are now transforming into knowledge-driven services. Some of the biggest names in IT and business are heading towards India once more, but now they seek brightest minds - not cheap labour, said Mr Muthukumar Ramalingam, Chief ...
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MERGERS & ACQUISITIONS
I-T dept sends notice to Asim Ghosh
Clarifications sought on investments, source of funds
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`Vodafone deal may get nod with restructuring proviso'
`Rejecting application would send wrong message to foreign investors'
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ALLIANCES & JOINT VENTURES
Acer- ICICI Bank loan offer
Acer and ICICI Bank are now providing financing options for the purchase of IT solutions by the SMB (small and medium business), SME (small and medium enterprise) and education sectors. The Acer-ICICI financing option offers ...
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Calsoft in pact with Softex
The Chennai-based California Software Company Ltd (Calsoft) has entered into a strategic alliance with the US-based Softex Inc to offer TheftGuard ME, which enable mobile users to back up their personal information, to Indian ...
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VIRUSES
Virus targets Apple iPod
F-Secure has informed the receipt of a sample iPod virus Oslo.zip targeted at Apple's iPod. According to F-Secure, the virus replicates only on iPods running the iPod Linux Operating system enabling it to run a ...
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PEOPLE
Lakshmi Narayanan new Nasscom chairman
The National Association of Software and Service Companies (Nasscom) announced the appointment of Mr Lakshmi Narayanan, Vice-Chairman, Board of Directors, Cognizant Technology Solutions, as Chairman for 2007-08. Dr Ganesh Natarajan, Deputy ...
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New head for Nokia Siemens India
Nokia Siemens Network has appointed Mr Ashish Chowdhary as head of its operations in India and Nepal sub-region. This is the first India-specific appointment after Nokia and Siemens merged their network business globally. The rest of the team ...
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