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Tuesday, February 08, 2005

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ANNOUNCEMENTS


Wipro completes Corpn Bank order
BANGALORE: Wipro Infotech announced on Monday that it has completed its assignment with Corporation Bank in providing Six Sigma consulting in select areas. The objective of the consultancy was to make the bank's select business processes ... More

OUTSOURCING


TPI begins India operations
SOURCING advisory Technology Partners International has set up its India operations to respond to the increase in IT and BPO outsourcing to India. Announcing this, Mr Arno Franz, Partner and Managing Director, TPI, said the company found about ... More

TELECOMMUNICATIONS


United Telecom restores ISD calls from Nepal
INDIAN telecom companies in joint venture with the Nepalese telecom service provider, United Telecom, today announced that the international long-distance traffic from that country had been restored. The Indian partners are now in talks with ... More

Call for FDI to make telecom systems at home
"THE security hole in telecom FDI plan" argument may fail to connect if only for the fact that the domestic telecom sector has been living with one for quite sometime now. Foreign telecom vendors are already performing system diagnosis in ... More

HARDWARE


MosChip to hike capital, raise $12 m through GDR issue
MOSCHIP Semiconductor Technology Ltd has informed the Bombay Stock Exchange that its board of directors has resolved to hike authorised capital and raise up to $12 million through issue of global depository receipts. This additional fund ... More

SOFTWARE


Red Hat opens support centre in Pune
RED Hat has inaugurated its global engineering and support centre here on Monday. The India support centre would address the support requirements of the growing domestic customer base while serving the customers in the English speaking ... More

FOREIGN DIRECT INVESTMENT


Telecom: Beyond the FDI cap hike
With the latest sectoral cap of FDI hike, though laced with riders, only foreign equity firms with deep pockets may want to bet on domestic telecom companies, to rake in moolah by trading in telecom sector scrips. If the intention behind the hike in FDI cap in telecom is to quickly expand the network and keep prices down, one way to do so is by fostering competition. More

HUMAN RESOURCES


IT now employs a million — Revenue per employee also on the rise
THE IT sector has crossed yet another milestone. The number of knowledge professionals employed in the software services and ITeS sectors has crossed the one-million mark and is expected to close the 2004-05 financial year with a headcount of ... More

MERGERS & ACQUISITIONS


Take Solutions buys US co
CHENNAI: Take Solutions, a Chennai-based business and technology solutions company in supply chain management, has acquired the New Jersey-based 4BSoft, an IT consulting and services company, for $1 million in an all-cash deal. This ... More

Vmobile buys Subex product
BANGALORE: Vmobile Nigeria, a GSM network operator with over two million subscribers, has chosen Subex Systems' INcharge Revenue Assurance Solution in a close to million dollar deal, according to Subex Systems. . InCharge is part of ... More

ALLIANCES & JOINT VENTURES


Mercury ties up with SAP
BANGALORE: Mercury Interactive Corporation, a global leader in business technology optimisation, has announced a joint marketing agreement with SAP. It also announced a multi-year commitment with SAP AG to offer Mercury LoadRunner, a ... More

PRIVACY


SC notice to Govt, cell cos, banks on unsolicited calls
THE Supreme Court on Monday issued notices to the Government, cellular operators and multi-national banks on a public interest litigation (PIL) seeking a law to ban unsolicited calls, especially from telemarketing executives. A Bench ... More

CONVERGENCE


`Broadband, wireless to help serve rural areas'
CONVERGENCE in communication is an engine of change that naturally fits into the ongoing agenda of globalisation. Mr Hamadoun Toure, Director of Telecommunication Development Bureau, International Telecommunication Union, Geneva, said, "The ... More

BROADBAND


Hathway rolls out new broadband options
HATHWAY Cable Internet, a broadband cable Internet service provider, has announced the roll out of new broadband packages providing high speed Internet with flexible options. The Managing Director and Chief Executive Officer of Hathway Cable ... More

ISPS


ISPs file suit against fees for VPN services
THE Internet Service Providers Association of India (ISPAI) has filed a suit with the Telecom Dispute Settlement Appellate Tribunal against the Government's decision to impose entry fee and licence fee for providing virtual private network (VPN) ... More


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