Financial Daily from THE HINDU group of publications
Thursday, June 23, 2005
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STORAGE


Intransa plans to invest $2 m here
INTRANSA, a US-based IP storage solutions provider, has said that it plans to invest $2 million for expansion in India, including ramping up headcount at its Pune development centre this year. The company has entered into a strategic software ... More

OUTSOURCING


`BPO clients more wary of info security leaks' — Forrester study sees impact on growth
STRENGTHENING its earlier claim that a slew of incidents of information security breach, including the MsourcE case, would dampen the industry's growth rate, a recent Forrester study has found that an overwhelming majority of 31 foreign BPO ... More

COURTS/LEGAL ISSUES


HMA Data clarifies on bank guarantees to ACI, SSI
HMA Data Systems has said that it furnished bank guarantees to the Madras High Court in two cases filed against it only to ensure that a business deal with eFunds International Pvt Ltd went through. The company agreed to furnish the bank ... More

HARDWARE


Seagate unveils 10 hard disc drives
STORAGE giant Seagate on Wednesday announced the launch of ten new hard disc drives aimed at consumer electronics, enterprise, desktop and mobile computing markets. "Our storage innovations are driving the infusion of exciting new ... More

SOFTWARE


Oracle eyes mid-market space
ORACLE Corporation is targeting the country's mid-market segment with a re-packaged and custom developed enterprise solution for sectors such as automotives, garments and textiles. The estimated $2 billion mid-market segment is growing ... More

Satyam bags Bausch & Lomb deal
HYDERABAD: Satyam Computer Services is to implement integrated enterprise solutions for Bausch and Lomb Eyecare (India). Satyam will support Bausch and Lomb's growth plans and implement the Oracle Applications E-Business suite to ... More

Ram Info plans Bangalore, Vizag centres
RAM Informatics Ltd plans to expand into two more centres — in Bangalore and Visakhapatnam. The Bangalore centre will handle its BangaloreOne project. The company management has convened a meeting next month to seek shareholders' nod to ... More

Codelinks details $3-m expansion
CODELINKS Data Services, part of Fortune 500's $4.33-billion Conseco Inc, has announced plans for expansion, name change and restructure of its India operations. Speaking to Business Line, the Chairman of Codelinks, Mr Monty Mohanty, ... More

Centurion ties up with Misys for banking tools
Misys is the among the largest and strongest vendors of industry-specific software products and solutions in the world. Equation, Misys' flagship product, offers banking solutions for branch automation, data warehousing and Internet ... More

HUMAN RESOURCES


BEA to double R&D team
ENTERPRISE infrastructure software solutions provider BEA Systems plans to double the headcount at its R&D centre in Bangalore over the next one year, according to Mr Shailender Kumar, country head for BEA. The R&D centre at present has arou More

OFF-SHORE DEVELOPMENT


Infinite sets up Malaysian arm
SOFTWARE services firm Infinite Computer Solutions, said on Wednesday that it has set up a wholly owned subsidiary in Malaysia to tap the Asia-Pacific market and augment its offshore capabilities in the region. Mr Upinder Zutshi, CEO, ... More

E-COMMERCE & E-BUSINESS


Snags in system delaying tea e-auctions
ISN'T the click of a mouse much easier to confirm a bid than the manual outcry at auction? While it is generally perceived that automation would accelerate the workflow, tea traders think otherwise. Brokers say that confirmation of a bid under ... More


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