Business Daily from THE HINDU group of publications
Tuesday, February 17, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, February 17, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH INFRASTRUCTURE: No cheer for industry on STPI front A five-year extension will be important: Nasscom. New Delhi/Bangalore/Chennai, Feb. 16 The Interim Budget announced on Monday did not spell-out any relief for the export-oriented Indian IT industry, where the tax exemptions available under the ... OUTLOOK: Business recovery may take 2-4 years: Infosys ‘Downturn opening up new markets’. Chennai, Feb. 16 The Infosys Technologies Ltd Managing Director and CEO, Mr S. Gopalakrishnan, feels that business recovery could take between two and four years, in the worst case scenario ... TELECOMMUNICATIONS: Nokia unveils new handsets, services Barcelona, Feb. 16 Nokia announced a line-up of new phones and services at the Mobile World Conference 2009 at ... HUMAN RESOURCES: Multi-tasking is order of the day, say headhunters Bangalore, Feb. 16 Think plus one — headhunters and HR consultants say this is the only way to get or retain a job. “In today’s economic conditions, people who have the potential to grow to the next level stand a good chance ... OUTLOOK: Clients’ spending budgets ‘will go down this year’ Chennai, Feb. 16 Infosys Technologies has said that client IT spending budgets would go down this year, compared to ... PEOPLE: Another Satyam official quits Hyderabad, Feb. 16 Mr Keshab Panda has been named head of the Manufacturing and Automotive Group (MAG), which contributes over 20 per cent of $400 million of revenues of Satyam Computer Services. Mr Panda, who joined Satyam in 1995, takes ... TELECOMMUNICATIONS: 3G auction may fetch only Rs 20,000 cr The Finance Ministry has sharply scaled down the estimated income from auctioning 3G spectrum. The Budget estimate for the year 2009-10 pegs revenues from the auction, expected to be held later this year, at Rs 20,000 crore ... FINANCIAL PERFORMANCE: Hexaware Tech posts Rs 17-cr profit Mumbai, Feb. 16 Mid-tier IT services firm Hexaware Technologies posted a net profit of Rs 17.1 crore for the quarter ended December as against a net loss of Rs 81 crore in the same quarter a year ago, as the company’s year ago numbers ... SOFTWARE: Cognizant puts capex spend at $175-200 m Chennai, Feb. 16 Cognizant Technology Solutions, the US-based software company with offshore development centres in India, plans to spend $175-200 million on capital expenditure this year. A majority of this expenditure will be in ... CORPORATE GOVERNANCE: Satyam case handed over to CBI Hyderabad, Feb. 16 The investigation into the Rs 7,136-crore financial fraud at Satyam Computer Services was today handed over to the Central Bureau of Investigation (CBI). The CBI has come into the picture 40 days after the former ... INFRASTRUCTURE: Stone laid for Ambalapuzha IT park Work is set to begin on Kerala’s second district-level IT park at Ambalapuzha in ... HARDWARE: Coimbatore gets eco-friendly HP printing machine Coimbatore, Feb.16 Coimbatore has emerged the first city in South India to have an eco-friendly UV printing machine from Hewlett-Packard’s printing and imaging business product range, say ... TELECOMMUNICATIONS: 1, 2, 3G: A look at the development of mobile tech Chennai, Feb. 16 First generation — 1G — cellular technology that uses separate frequencies or channels for each conversation requires considerable bandwidth for a large number of users and uses FDMA (frequency division ... BUDGET: ‘Rural employment scheme a big plus for IT vendors’ Mumbai, Feb. 16 As this is the final budget for the current Government, one was very curious though one did not expect any dramatic announcements, according to Mr S. Mahalingam, CFO and Executive Director of Tata Consultancy ...
HUMAN RESOURCES: The grip’s tightening Tech firms are pruning spending and the heat is on recruitment companies to keep the hiring going.. As the global economic crisis shaves off nearly $3 billion from India’s annual IT and BPO export target and a lower tech spending by ...
HUMAN RESOURCES:
Missing the opportunity
INTERVIEW:
Online space beckons 1. Fill in the blank: According to a new study from McAfee, cyber-crime has cost firms ______ globally ...
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