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Thursday, July 09, 2009
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INFO-TECH

OUTLOOK: Rising rupee may hit IT cos’ revenues in June quarter
Favourable cross-currency movements to cushion margins pressure. A stronger rupee would further affect the IT sector earnings for the June quarter amidst continuing decline in volumes and pricing pressure, which may be partially offset by ...

OVERSEAS INVESTMENTS: IMImobile acquires UK co Mobytec
IMImobile, provider of converged mobile and online technology platforms and managed services to cellular service companies, has acquired Mobytec from the company Mobyko,for an undisclosed amount. Mobytec is a back-up and sharing service. ...

BUDGET: Exemption on packaged software will benefit consumers, industry
From a macro view, the Budget does look promising. The focus on agriculture, technical education, rural development and infrastructure segments in the country will lead to overall development and increase in our GDP. But, I find the ...

TELECOMMUNICATIONS: Vodafone recalls the pug after 10 months
Zoozoos campaign to continue. Bangalore, July 8 The Vodafone pug paws its way back! The adorable little dog that captured hearts (in both the Hutch and later the Vodafone advertisements) is back on TV after nearly 10 ...

SOFTWARE: SEZ units push up software exports from TN 29%
Govt keen to develop Tier II cities. Chennai, July 8 A steep increase in exports by information technology and IT-enabled Services (ITeS) units located at Special Economic Zones (SEZs) enabled Tamil Nadu to register a 29 per cent growth in ...

TEXTILES: Airtel faces penalty on bulk connections
The Department of Telecom (DoT) may impose a fine on Bharti Airtel after vigilance officers found that a number of subscribers in Delhi were being offered services without ...

INTERNET: Now, an OS for Netbooks from Google
Hyderabad, July 8 Google has revealed its plans to come out with an operating system (OS), the Google Chrome ...

SOFTWARE: Gartner sees sharper dip in IT spend
Worldwide IT spending is expected to decline by six per cent in 2009, sharper than an earlier forecast of 3.8 per cent largely due to the economic downturn and exchange rate fluctuations, according to a report from research ...

PEOPLE: Arup Gupta, named CEO of Birlasoft
New Delhi, July 8 Mr Arup Gupta, who recently quit as Chief Operating Officer of Polaris Software is all set to take over as the Chief Executive Officer of ...

PREFERENTIAL ALLOTMENTS: Mahindra Satyam to issue new shares
Hyderabad, July 8 Mahindra Satyam, formerly Satyam Computer Services, has announced that it would soon issue and allot 19.86 crore shares at Rs 58 to Venturbay Consultants Pvt Ltd, a subsidiary of Tech ...

INTERNET: CII’s standards portal to simplify Indo-US trade
New Delhi, July 8 The Confederation of Indian Industry (CII) on Tuesday launched the ‘Standards Portal’ offering information on standards in 10 key sectors, including automotive, electronics, gem and jewellery and ...

BUDGET: One-year extension of STPI scheme is welcome
The Finance Minister has provided a balanced approach to the Budget: in face of the economic conditions, the focus is rightly on driving the demand by giving incentives to the agriculture/rural sector. With respect to the IT sector, ...

SOFTWARE: NeST plans centre of excellence
The Technopark-based NeST Software has entered into an agreement with NVIDIA Corporation of the US, a world leader in visual computing initiatives, for providing the latter’s CUDA professional services and GPU multi-core services to ...

IT TRAINING: Multimedia training academy
...

TELECOMMUNICATIONS: Loop Telecom in Kerala
...

From eWorld

HUMAN RESOURCES: On a roll
Slowdown or not, it looks like salary increment just below the top level of the tech sector are just what the doc ordered for depressed souls.. Indian IT employees have long been associated with long working hours, stressful deadlines and high ...

INTERVIEW: ‘Xchanges’ with India
British BPO company talks of its expansion plans.. British BPO firm Xchanging plc, which holds more than 75 per cent stake in the Bangalore-based Cambridge Solutions Ltd, has big plans for the Indian market. Over the next three years, the ...

OUTSOURCING: Outsource your tech shopping
Start-up offers outsourcing in a new avatar.. Recently, when a library chain in Bangalore wanted to build an IT platform, it decided to try a new recipe.It was neither interested in investing in an in-house IT team, nor was it keen to outsource ...

INTERNET: Caught in the crossfire
If you think the world is a peaceful place (except for some hotspots), you are wrong. There is a major war in progress and it will go on as long as the world exists. I am talking about ...

INTERVIEW: Telecom wants positive tone
Industry hopes Government will take its call in Budget.. As the telecom sector has been growing at a fast pace and has significantly contributed to the economic growth and development of the country, it should be given equal importance and ...

INTERVIEW: Make SEZ scheme attractive
Expert suggestions to draw long-term investments.. There is urgent need for the Government to announce an extension of the tax holiday for the IT sector under the Income Tax Act, 1961 beyond March 31, 2010. However, to help in mitigating the ...

INTERVIEW: IT industry awaits a ‘holiday’ Budget
Some worries need to be taken care of too, stresses senior tax professional.. The US’ stand on tax breaks for firms outsourcing jobs to overseas destinations, and the competition to Indian IT-ITES (information technology enabled services) ...

OUTSOURCING: `BPO will lead IT recovery'
iGate on the unfolding trends in the economic turmoil and its aftermath.. The BPO industry which, for long, was seen as the poorer cousin to the IT services industry, may be leading recovery from the recent economic slump. This stems from ...

WEBSITE REVIEW: Find your job
Tarun Matta founded iimjobs.com because he felt big job portals do not address the needs of MBAs from premier business schools. “Most MBA graduates get job leads through their social/professional networks or through alumni mailing lists. ...

INTERVIEW: The ‘holiday’ debate
It’s time for a paradigm shift on this question concerning tech companies, says expert.. It is time for a paradigm shift on the debate about tax holidays for IT (information technology) companies, says Abhishek Goenka, Partner and Leader ...

NEW PRODUCTS & SERVICES: Fast connection
Netgear has come out with its WNR3500 RangeMax Wireless-N Gigabit Router, offering “blistering wireless speeds and improved range for connecting to the Internet.” It allows the user to surf, e-mail, stream HD video, play online ...

CYBER QUEST: Quiz
1. The second T-Mobile Google Android device, after the G1, ...

CARTOON: Cartoon
...






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Markets (July 08)
Nifty (at close)4,078.90 (-123.25)
US Dollar (Buy/Sell)48.88/89
Brent crude (a bbl) Rs3,000
Gold (a gram) Rs1,362
Silver (a kg) Rs22,665


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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Looking beyond the nuclear deal

Gartner sees sharper dip in IT spend

Vodafone recalls the pug after 10 months

General insurance premiums may head north from 2011-12

Rise in ‘other income’ boosts IndusInd Bank Q1 net

Pranab strikes balance between aggressive growth and equity

Outlook seen bullish for gold, corn, cotton

Marine products exports up 11%

Looking back
Jun. 28-Jul. 4
IT vs I-T: Spare tech from tax

Recovery to be rapid, strong: Forrester

Airtel, RCom among world’s top 20 operators

Roshni Nadar made CEO of HCL Corp

3G spectrum must be freely tradable: Survey

‘Placements tough for new graduates’



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