INFO-TECH
CORPORATE DISPUTES
Reliance Comm's FLAG slaps notice on VSNL for $406 m
Dispute over Europe-Asia cable system pact
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STORAGE
Buffalo takes to channel route
Japanese storage vendor Buffalo Inc is now looking at India as a market. It has launched a series of initiatives to drive channel sales and expand its service network in the country. Buffalo has also introduced storage (NAS) ...
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TELECOMMUNICATIONS
Wireless, wireline will continue to co-exist
Though wired networks take more time in installation, it is considered safe from security and reliability aspects.
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Foreign holding in RCom may go up post-overseas issue
Recently got approval for secondary GDR issue
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ACCOUNTANCY
`Costing syllabus being tuned to BPO needs'
"The matching of business processes against resources, in a structured way, is not practised by many BPOs barring big firms."
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FINANCIAL PERFORMANCE
Cognizant Tech net at $233 m
Cognizant Technology Solutions Corporation, a US-based provider of IT services with development centres in India, for calendar year 2006 reported revenue of $1.424 billion, up 61 per cent compared with 2005. Net income was $232.8 million ($166.3 ...
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HARDWARE
Fab plants not feasible in India: Gartner
It started off as yet another presentation involving clutches of figures and quotes from research reports, but it segued into a lively debate - on whether or not India needs investments in semiconductor fabricating. Speaking at the annual ...
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IT Secretaries woo investors
AP, TN, Bengal vying for semiconductor pie
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SOFTWARE
Calsoft trims stake in US co
California Software Company Ltd (Calsoft) has reduced its group's equity interest in American HealthNet Inc. (AHN), US, to 18.5 per cent from 51 per cent. Calsoft's wholly owned subsidiary CSWL Inc, US, sold 34 per cent ...
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IT TRAINING
NeST to train NEC Comm officials
NEC Communication Systems Ltd, Japan has chosen Kochi-based NeST as training partner for training its senior managers in global business leadership skills. Commenting on the alliance, Mr Naotake Takatsukasa, President of NEC ...
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HUMAN RESOURCES
Knowledge Infotech to hire more
Knowledge Infotech (KI), an application solution provider, has announced plans to increase the head count in the Hyderabad development centre from 175 to 300 in the next six months. The company is also looking at opportunities in ...
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Indian talent `best among peers'
The Indian Semiconductor Association (ISA) and Ernst & Young benchmarking study - India in the Global Semiconductor Design Ecosystem, rates India as the best among peer countries in terms of talent that can help in scalability. The report ...
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MERGERS & ACQUISITIONS
BT to buy i2i Enterprise
Mumbai co has ILD, NLD licences
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Moser Baer buys 81% stake in Phillip's R&D arm
Moser Baer India Ltd on Tuesday announced that it has acquired 81 per cent stake in Phillips NV's wholly-owned subsidiary OM&T BV, a research and development (R&D) company, for an undisclosed amount through an all cash deal. The company plans
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REGULATORY BODIES & RULINGS
TRAI submits recommendations on CAS to Govt
The Telecom Regulatory Authority of India on Tuesday sent its recommendations on digitalisation of cable television to the Government. A TRAI release said that a round table meeting on February 1 had been conducted with various stakeholders to ...
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CONVERGENCE
`Magnificent Seven': Nasscom to honour desi innovation
At the Consumer Electronics Fair in Las Vegas a few weeks ago, visitors from India were pleasantly surprised to see content from a `desi' television channel streaming forth from a display at one of the stalls. It was a live demonstration of ...
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OUTLOOK
`India's IT spend to cross $36 b'
Gartner Inc has said that India's spending on Information and Communication Technology (ICT) is growing at a five-year compounded annual growth rate (CAGR) of 14.8 per cent, the highest in APAC, and will exceed $36 billion (Rs ...
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