The Hindu Business Line : Friday, February 29, 2008

ECONOMIC SURVEY
Survey lauds 32% growth in IT, BPO exports
New Delhi, Feb. 28 IT and BPO export revenues surged 32.6 per cent to touch $31.3 billion in 2006-07 helped by steady expansion into newer service lines, increased geographical presence and unprecedented rise in investments by MNCs, the ... More

AWARDS & HONOURS
Software product innovation picks up
36 entries this year; TCS solution for NREGS gets Hysea award More

TELECOMMUNICATIONS
Virgin’s entry into India telecom space near certain
Mumbai/ New Delhi, Feb. 28 The UK-based Virgin Group’s entry into the Indian telecom space is now near certain, with the Chairman, Mr Richard Branson, scheduled to announce its India plans this Sunday. Sources said the Virgin ... More

Nokia launches contest to capture nightlife
Bangalore, Feb. 28 Nokia N-series has announced Discover Soul of the Night (SOTN), a new-age tech challenge that invites users from across India to capture and share stories about the nightlife in their cities through their mobile ... More

FINANCIAL PERFORMANCE
Syntel Q4 revenue up 29%
Pune, Feb. 28 IT services and KPO firm Syntel has recorded a total revenue of $94million during the fourth quarter of 2007 as compared to $73.1 million during the corresponding period of 2006, an increase of 28.6 per cent. The gross ... More

SOFTWARE
Virtual walk through homes before buying
LOGIX PRODUCT More

LogicaCMG to unify brands
The LogicaCMG group said it would unify its existing brands under one name – Logica. The company along with its local brands Edinfor, Unilog and WM-data would use the new name effective Thursday, it said in a statement.Logica is ... More

MERGERS & ACQUISITIONS
NIIT Tech buys German co SofTec
More

REGULATORY BODIES & RULINGS
Telecom tribunal asks DoT to issue licences based on application date
DoT issues licences to Idea, Videocon, Swan, Unitech More

OFF-SHORE DEVELOPMENT
‘Offshoring set to slow down’
Recession to impact IT spends, says Hackett group More

SECURITY
Cash-motivated Web threat on the rise: Trend Micro
Pune, Feb. 28 “In 2007, cash-motivated Web threats broadened; for 2008, the distinction between ‘good’ and ‘bad’ Web sites will be blurred when it comes to security,” is the finding of the Trend Micro 2007 ... More

OUTLOOK
Adobe to leverage rise in online ads
Coimbatore, Feb. 28 “India is experiencing a communication explosion and the creative industry is growing at a rapid pace. Adobe is well positioned to propel growth with offerings such as the Creative Suite 3.0,” says Adobe Systems ... More

PEOPLE
EMC arm’s new GM
EMC Data Storage Services India, a fully owned subsidiary of information infrastructure solutions company, EMC Corporation, has announced the appointment of Mr Sundar Balasubramanian as General Manager, Strategy & Business Productivity, at ... More

NEW PRODUCTS & SERVICES
Cordia launches IP telephony
More

Northgate arm Globe7HK taps Chinese market
Hyderabad, Feb. 28 Globe7HK Ltd., part of Northgate Technologies Ltd, in partnership with SINA Hong Kong Ltd unveiled a suite of Chinese-language Web tools for video-file sharing, gaming, streaming of video content and a low-cost Internet ... More

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