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Saturday, February 14, 2009
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OUTLOOK: TCS hints at hit in earnings this quarter
Impact of delay in IT budgets finalisation by clients in Dec. Mumbai, Feb. 13 Tata Consultancy Services (TCS) on Friday indicated that delay in finalisation of IT budgets by clients could impact the company’s earnings ...

MERGERS & ACQUISITIONS: E-auction will give Satyam needed liquidity: B.K. Modi
‘Open market share acquisition won’t solve firm’s financial woes’. Hyderabad, Feb. 13 With SEBI announcing takeover norms to facilitate finding suitors for Satyam-like companies, Mr B.K. Modi, Chief of the Spice group, ...

POLICY: Package for IT industry soon
State PSUs doing well, says Governor. The Kerala Government will shortly come out with a package for the IT industry to help it tide over the crisis posed by the global ...

ECONOMIC OFFENCES: Satyam, a standalone case, says Gupta
New Delhi, Feb. 13 Terming the Satyam episode as an aberration, the Minister for Corporate Affairs, Mr Prem Chand Gupta, on Friday maintained that such practices were not a common feature among corporates in ...

VENTURE CAPITAL: ValueFirst gets $6-m funding
ValueFirst Messaging, an enterprise mobile messaging services firm, has received $6 million from venture capital funding agency New Enterprise Associates (NEA). The funds will be used to expand ValueFirst’s operations. As part of its ...

PEOPLE: New appointment at NDS India
NDS, provider of technology solutions for digital pay-TV, today announced the appointment of Mr Alan Dishington as Director- Sales for NDS India. He would be based in New Delhi and would oversee India business development, sales and ...

CORPORATE GOVERNANCE: Court allows SFIO to quiz Raju brothers, others
Hyderabad, Feb. 13 The officials of Serious Fraud Investigation Office (SFIO), which is probing the Rs 7,136-crore Satyam fraud, have finally got a chance to question the Raju brothers and ex-CFO of Satyam Mr V. ...

VIRUSES: Watch out for Valentine spams
Pune, Feb. 13 Valentine’s Day. People’s thoughts turn to romance and flowers. For the cyber criminal, it is how to lure the unsuspecting user in. They are also taking their efforts to social networks, given their popularity ...

IT-ENABLED SERVICES: Tele Atlas Kalyani to offer navigable map product soon
Hyderabad, Feb. 13 Tele Atlas Kalyani India, a joint venture between global map maker Tele Atlas and the Kalyani Group, is looking at releasing its latest map product for the Indian ...

FINANCIAL PERFORMANCE: Cognizant posts 17% rise in Q4 net income
Chennai, Feb. 13 Cognizant Technology Solutions Corporation, the US-based software company with offshore development centres in India, reported a 17 per cent increase in net income to $112 million during the fourth quarter ended December ...

SOFTWARE: Tata Sons pledges 11.14% TCS stake
...

SOFTWARE: Zensar `service' to help save costs
...

SOFTWARE: Satyam may go for fresh issue of shares
Hyderabad, Feb. 13 The board of Satyam Computer Services, which met in Mumbai on Thursday, has reportedly agreed in-principle for the proposal of issuing ...

NEW BUSINESS: Bartronics wins Singapore order
...

SOFTWARE: Karnik welcomes changes in takeover norms
Mumbai, Feb 13 The Chairman of the Satyam board, Mr Kiran Karnik, has welcomed the amendment to the takeover regulations announced by SEBI ...

TELECOMMUNICATIONS: DoT in favour of Net telephony
New Delhi, Feb. 13 The Department of Telecom has said that it was in favour of introducing unrestricted Internet telephony but had issues relating to level playing field between telecom players and Internet Service ...

OUTSOURCING: Chinese BPOs play catch-up with India
Mumbai, Feb. 13 China could pose strong competition to the Indian IT outsourcing industry, which at present is clearly the leader, experts at the Nasscom India Leadership Forum ...

TELECOMMUNICATIONS: No licence needed for offering mobile value-added services: TRAI
New Delhi, Feb. 13 Companies such as OnMobile, ValueFirst and Hangama can breathe easy with the Telecom Regulatory Authority of India suggesting that value-added service (VAS) providers should be allowed to continue to function without having ...

SOFTWARE: Northgate arm shuts offices in US, China
Globe7 HK Ltd, a wholly owned subsidiary of Northgate Technologies, has closed down its operations in Beijing, China and San ...

PEOPLE: Satyam’s senior official quits
Hyderabad, Feb. 13 Mr Subu D. Subramanian, Senior Vice-President at Satyam Computer Services heading an automotives vertical, has put in his papers, giving a major jolt to ...

INTERVIEW: ‘Slump, best time for Indian IT vendors to expand’
Low-cost model will ride out recession, says KPMG’s Egidio Zarrella. Mumbai, Feb. 13 Mr Egidio A. Zarrella, Global Partner in charge of the IT advisory practice at KPMG, thinks that Indian IT vendors can remain in a competitive position ...

From eWorld

SOFTWARE: If one goes out…
What usually comes first is the contract, thinker-politician Benjamin Disraeli commented once. But that is a fair-weather situation where the party that promised to deliver exists, has the strength to honour the contractual ...

INTERVIEW: `Multi-source for reliable backup'
Instances of service providers failing to meet contractual obligations must have happened earlier. But the Satyam episode has thrown up serious questions such as: what would happen to clients who depend on such firms for vital applications ...

TECHNOLOGY: A disconnect!
I have been sitting in on some tech meetings in the last three weeks and it is striking that the “usual” tech professional doesn’t communicate very well with lay-people and the non-tech professional doesn’t communicate ...

HARDWARE: When the chips are down…
…it’s time for the Indian semiconductor sector to turn the economic meltdown into opportunity, said industry people at a recent round-table.. The topic for this year’s round-table discussion that the Indian Semiconductor ...

SECURITY: Don’t let down guard
Speakers at the Davos economic summit have stressed the need to treat cyber crime as an ever growing threat.. ‘Cyber crime’ is an often heard term on public platforms these days. It is bandied about by even those who have not touched ...

TELECOMMUNICATIONS: Respond to change
Sasken on how it is coping with challenges.. A sense of suppressed optimism and strong resolution is reflected in Sasken’s founder and chief executive officer, Rajiv Mody, who continues to steer the company against the odds, since ...

INTERVIEW: Growing beyond silos
The Government is open to applying e-governance concept in totality, says expert.. Today, there is far more acceptability in the government corridors for undertaking an ambitious project that targets all components simultaneously, says Navin ...

OUTSOURCING: Coping continuously, at Scope
The StanChart arm kept business going during the November crisis, with smart planning and execution.. Misfortune, they say, comes in waves. And so it was, in November 2008 — literally. Even as the rest of the country was grappling with ...

BOOKS: Digital serpent swallowing its own tail
Information and consciousness are flowing in an infinite, self-fulfilling loop.. Think of the ouroboros, the ancient symbol of a serpent swallowing its own tail and forming a circle, invites Steve Hamm in The Race for Perfect: Inside the quest ...

SOFTWARE: Looking to cut costs?
Cloud computing and virtualisation can help, says Citrix.. As the global slowdown begins to pinch, how do tech companies lower costs for customers, and for themselves too, at that? The Area Vice-President of Citrix India, Souma Das, outlines ...

CYBER QUEST: Quiz
V.V. Ramanan. 1. When asked to comment about an occasion that occurred on January 24, Steve Jobs said: “If you look backward in this business, you will be crushed. You have to look forward.” What event is being ...

CARTOON: Cartoon
“That’s the advantage of having a large TV! See, this programme’s more enjoyable at the far end of ...






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Silver (a kg) Rs23,080


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In Focus
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Looking back
Feb. 1-Feb. 7
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