The Hindu Business Line : Wednesday, May 16, 2007

OUTSOURCING
Infosys BPO plans Manila operations in second quarter
Infosys BPO will commission its fourth international centre at Manila in the second quarter of this fiscal. It already has two centres in China and one in the Czech Republic, but with the parent company not yet having any presence in the ... More

INFRASTRUCTURE
Spruced up
CYBER TOWERS, the first phase of HITEC City and a symbol of technological progress of Hyderabad, getting a face-lift.

SOFTWARE
HCL wooing new customers thru ad campaign
The campaign may run through this year More

INDUSTRY ASSOCIATIONS
IT sector downplays queries
Indian IT industry sought to downplay the queries raised by two US senators on the H-1B visa usage patterns of Indian IT firms as that of a trade issue. Reacting to the queries, the National Association of Software and Services Companies ... More

MERGERS & ACQUISITIONS
WNS closes Marketics Tech buy
WNS (Holdings) Ltd has closed its acquisition of Marketics Technologies (India) Pvt Ltd, an offshore analytics services company to enhance its capabilities. The total consideration, WNS sources say, consists of a bulk payment of $30 million at ... More

Alcatel-Lucent buys NetDevices
Alcatel-Lucent has acquired the Bangalore-based privately-held NetDevices, a developer of services gateway products for enterprise branch networks, for an undisclosed sum. NetDevices delivers enterprise networking platform known as a Unified ... More

ALLIANCES & JOINT VENTURES
Empower Industries ties up with Japan's HTL
Japanese co may pick up 25-30% stake; valuation exercise on More

Ram Info ties up with APSRTC
Ram Informatics Ltd has signed an agreement with Andhra Pradesh State Road Transport Corporation (APSRTC) for the implementation of Bus Pass Automation and Accounts System for Greater Visakhapatnam. The project is based on Build ... More

OUTLOOK
Syntel sets its sights on $1-b revenues
Services and BPO firm Syntel Inc has drawn out a roadmap for 1-5-10 — $1 billion in revenue with market capitalisation of $5 billion by 2010. In an e-mail interview, Mr Keshav R. Murugesh, Syntel President and Chief Operating Officer, ... More

PEOPLE
Raja to take charge as IT Minister today
Mr Andimuthu Raja will take charge of the Communications and IT Ministry on Wednesday, replacing Mr Dayanidhi Maran. A senior member of the Dravida Munnetra Kazhagam, Mr Raja was the Minister for Environment till Monday. Mr Raja, 44, is a ... More

Bharatmatrimony's new CTO
The Bharatmatrimony Group, a Chennai-based Internet company, has appointed Mr Manvendra Bhangui as the company's Chief Technology Officer. His responsibilities include creating technological strategies, and handling end-to-end ... More

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