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Thursday, December 25, 2008
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INFO-TECH

SOFTWARE: Satyam Computer recoups after sharp slide
World Bank ban weakens sentiment further. Hyderabad, Dec. 24: The Satyam stock has hit a 52-week low of Rs 114.65 on Wednesday on reports of World Bank confirming that it barred the company for eight years from getting ...

INSIGHT: It’s a bumpy ride for BPO cos
Players in BFSI space have to contend with thinner margins, lower billing rates. Mumbai, Dec. 24 The ride just got bumpier for Indian BPO companies in 2008. However, the smarter ones took this opportunity to diversify and tweak their business ...

HARDWARE: Notebook shipments in Q3 surge 38%; PCs rise 1.7%
Desktop computer sales slump 9%, says IDC. New Delhi, Dec. 24 Personal computer (PC) shipments rose 1.7 per cent during the third-quarter ended September 2008 compared with the year-ago period, to 2.26 million units, according to research firm ...

INTERNET: Bookmyshow.com clicks on expansion plans
Focus on Tamil Nadu, Andhra Pradesh markets. Coimbatore, Dec. 24 For movie buffs and those who look forward to watching premiere shows, live concerts and sports events, Big Tree Entertainment’s Bookmyshow.com is expected to revolutionise ...

OUTLOOK: Sun Micro sees increased interest in open source applications
‘Recession, rupee volatility cause for concern’. Bangalore, Dec. 24 Sun Microsystems India said it is seeing increased interest in open source software applications from customers as pressure mounts on them to cut costs, consolidate ...

TELECOMMUNICATIONS: UniverCell opens store in Vizag
UniverCell opened its shop, the first here, on Wednesday. It was inaugurated by Telugu/Tamil cine actress Namitha. UniverCell had set up more than 200 such shops in South India and was doing a wonderful service to the mobile users, she said. A ...

SOFTWARE: ‘World Bank move in accordance with policy’
Visakhapatnam, Dec. 24 Mr T.R. Prasad, one of the independent directors of Satyam Computer, today said that the World Bank had not renewed its contract with Satyam, in accordance with its policy not to renew contracts of vendors who ...

INSIGHT: ‘IT spend in logistics may touch Rs 1,000 cr in 5 years’
The ‘Technology Survey for the Indian Logistics Industry - 2008’ has stated that the IT spends in the Indian logistics industry would grow to approximately Rs 1,000 crore from the present Rs 400 crore in the next 5 years (CAGR ...

SOFTWARE: Infosys Q3 results on Jan 13
Infosys Technologies Ltd, which generally sets the tone for the results season, will come out with its third quarter results on January 13. The company informed the BSE that a meeting of board of directors will be held on January 13 to consider ...

From eWorld

HARDWARE: A bigger push might help
The tech industry, while welcoming the cut in Cenvat rate, wants more initiatives to get the IT bus moving.. The Government’s recent decision to effect a 4 per cent cut in Cenvat rate is expected to offer only a limited respite to IT ...

TERRORISM: Responding to terrorism
The CMD of software player Mastek offers an industry perspective.. Sitting in our office in mid-town Manhattan, when I heard of the attacks in Mumbai, my first reaction was disbelief. Over the next few hours, the magnitude of the attack and the ...

SOFTWARE: Know your language
I am working on a new initiative right now and am looking at programming and languages in a different way from what I am used to — not as an end user of programs, but as someone deploying programs for use. Probably the most ...

BOOKS: Advantage, Web writers
You can make your content a constantly changing buffet.. When you write for the Web, remember to edit for international readers, advises Crawford Kilian in Writing for the Web ( www.jaicobooks.com). Many ...

SECURITY: Tap into their talk
Security agencies need to track the communication channels of terrorist systems while guarding their own turf.. The recent happenings in Mumbai highlighted the ruthlessness and dexterity of the modern terrorist. He shows no mercy nor does he ...

MERGERS & ACQUISITIONS: Lessons from the Satyam-Maytas deal
Key points to keep in mind.. The Satyam-Maytas deal has been announced and called off within the space of a day. In that one day, the company has faced significant issues related to corporate governance and professionalism. Whatever the merits ...

INTERVIEW: Fight ‘fear of recession’ first
HR expert lists do’s and don’ts for companies.. How is the recession, the full effect of which may yet be coming, impacting our IT (information technology) companies? While a few big companies are suffering, some small players are ...

SOFTWARE: Read the consumer’s mind
Who would want to buy what, from your store? Software offers insight.. Wish you knew who would walk into your store on a Thursday afternoon to buy a bottle of perfume, or who would be happy to hear of your latest credit card scheme? 24/7 ...

CYBER QUEST: Quiz
V.V. Ramanan. 1. According to Google’s 2008 Year-End Zeitgeist for India, the top ‘How to’ and ‘Bollywood Celebrities’ searches ...

CARTOON: Cartoon
...

LETTERS: ‘e-governance selectively’
With regard to the article, ‘Reform potential of e-governance’ by D. Murali, in eWorld dated December 15, I would like to share ...





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Markets (Dec 24)
Nifty (at close)2916.85(-51.80)
US Dollar (Buy/Sell)48.20/25
Brent crude (a bbl) Rs1,845
Gold (a gram) Rs1,210
Silver (a kg) Rs17,780


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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
A lacklustre year for retail industry

Notebook shipments in Q3 surge 38%; PCs rise 1.7%

DTH players told to work together, pool resources

ISRO’s proposal for manned mission submitted to Govt

Alerting auditors on fraud

Airlines owe Rs 1,101 cr to AAI

Looking back
Dec. 14-Dec. 20
MS India sales ‘impacted’

Outsourcing slowdown tells on SEZs

‘Consolidation will increase outsourcing’

Vodafone case: ‘No definitive findings on taxability of deal’

TRAI seeks overhaul of USO fund management

‘Satyam’s independent directors had raised concerns over the deal’

L’affaire Satyam

eWorld



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