INFO-TECH
OUTSOURCING
TeleTech to expand operations
TELETECH Services (India) Pvt Ltd, the BPO joint venture between TeleTech Holdings and Bharti TeleTech Ltd, plans to add between 2,000-3,000 people to its operations over the next 12-16 months, said the company's president and CEO, Mr Sanjay ...
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SOFTWARE
TCS scores over Infosys on return on net worth
THE striking aspect of the financials of Tata Consultancy Services (TCS) is the lower asset base of the company compared to that of Infosys Technologies. At the end of December 2003, the net worth of TCS was about Rs 1,200 crore, while that of ...
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Exports from STPI-H cross $1-billion mark
THE Software Technology Parks of India-Hyderabad (STPI-H) has registered a 37 per cent growth in overall exports from the software services and ITES (Information Technology Enabled Services) sectors, achieving total exports of Rs 5,025 crore ...
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ECGC to offer special credit cover plan for software sector
EXPORT Credit Guarantee Corporation (ECGC) plans to shortly introduce a special credit insurance package for software exports that would be designed to meet the industry's unique challenges. ECGC's Chairman and Managing Director, Mr P.M.A. ...
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Quantech expands India business, eyes Asia-Pacific region
QUANTECH Global Services, a technology engineering design solutions provider for the automotive industry, is now eyeing the Asia-Pacific market with its R&D services, and is in the process of further expansion of India centres both at Hyderabad .
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Wipro AGM okays hike in share capital
SHAREHOLDERS of Wipro Ltd approved the company's plans to increase the authorised share capital of the company from Rs 100 crore to Rs 175 crore at the annual general meeting on Friday. The increase in authorised share capital was primarily to ...
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Witsun is strategic partner
ALLIANCES & JOINT VENTURES
Nortel incentive plan for partners
NORTEL Networks India hopes to have about 100 bronze partners by the year-end from the present 40. One of the ways it plans to achieve this is through a recently launched points scheme for its channel partners. Called Nortel Networks ...
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CompuCredit, Allsec expand ties
THE US-based CompuCredit Corporation has extended its relationship with Allsec Technologies Ltd to manage consumer loan portfolios. Allsec would continue to provide contact centre services to Compucredit, and this is expected to bring in a ...
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CONVERGENCE
Analog platform for convergence apps
ANALOG Devices Inc, a semiconductor signal processing applications solutions provider, has announced its new Blackfin Fusiv platform that helps deliver secure, high speed data, voice and video convergence in a single solution. The Director of ...
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IPOS
Transfer of ownership — Tata Sons to get Rs 2,300 cr from TCS
TATA Consultancy Services (TCS) will pay Rs 2,300 crore to Tata Sons for the transfer of ownership. According to the offer document for the initial public offering of TCS, Tata Sons would be paid the sum on the completion of the IPO and ...
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