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Thursday, August 23, 2007
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INFO-TECH

OUTSOURCING
GreenPoint closure: Minimal impact on domestic vendors
Bangalore Aug. 22 The closure of Capital One’s wholesale mortgage banking unit, GreenPoint Mortgage, has hit the Indian vendors such as InfosysBPO and iGATE Global.Capital One, citing “an unprecedented set of market ... More

Firstsource begins operations
The city-based BPO firm Firstsource Solutions Ltd has commenced operations from its 450 seater centre in Indore, Madhya Pradesh. From this centre, Firstsource is currently providing customer support services to a domestic client. The company has ... More

TELECOMMUNICATIONS
Bharti to double tower capacity
Cellular operator Bharti Airtel will double the tower capacity to 80,000 by March next as it grows its network to reach more towns and cities across the country, besides expanding in metros. “Currently there are 40,000 towers and by this ... More

Telecom equipment export promotion forum launched
New Delhi, Aug. 22 The Minister for Communications & IT, Mr A. Raja, on Wednesday launched an Export Promotion Forum, an industry initiative to make India a hub for telecom equipment manufacturing and export. “It was a long ... More

6 Nokia vendors to begin operations by mid-2008
Six more vendors supplying components to mobile handset manufacturer Nokia will commence operations at the Nokia Telecom SEZ park, Sriperumbudur, by mid-2008, according to sources in the company.At present Perlos Corporation (supplier ... More

FINANCIAL PERFORMANCE
Genpact Q2 net income up at $7.1 m
Business process outsourcing (BPO) firm Genpact Ltd has registered one per cent year-on-year increase in its net income for the second quarter ended June 30, 2007 at $7.1 million. “Second quarter net income was $7.1 m, up one per ... More

HARDWARE
Intex mulls equity market foray
In talks with 3 pvt players More

INTERNET
Blogging will be the future management tool: Accenture
Bangalore, Aug. 22 Twenty years from now, email could be defunct. A combination of social networking and text messaging will replace electronic mails, according to Accenture’s Chief Technology Architect, Mr Paul Dougherty. ... More

IT TRAINING
HCL’s career centre in Bangalore
HCL Infosystems Ltd launched HCL Career Development Centre (HCL CDC), its 30th in the country, in Bangalore today. The company has ventured into IT training and career development to meet the increasing demand for skilled professionals across the ... More

HUMAN RESOURCES
Sub-prime woes: BPOs rule out immediate layoffs
Affected workforce being redeployed More

TCS grooming science grads into software professionals
Recruitments from Tier III cities and rural areas More

ALLIANCES & JOINT VENTURES
United Bank ties up with Sybase
Mumbai, Aug. 22 The Kolkata-based United Bank of India (UBI) has entered into a partnership with mobile content firm Sybase 365, under which Sybase will provide SMS enquiry services for the bank’s customers across the country. The ... More

IIRM, Rocsys sign MoU for Basel-II
Hyderabad, Aug 22 The Institute of Insurance and Risk Management (IIRM) here and Rocsys, a software company, have entered into an understanding to provide Basel-II solutions to banks.Rocsys, also a Hyderabad-based company, has developed ... More

OFF-SHORE DEVELOPMENT
Wipro’s Cario development centre
Wipro is setting up a global development centre in Smart Village, Cairo, to offer IT services to the West Asian and global markets. The company signed an MoU with the Information Technology Industry Development Agency, an Egyptian government ... More

SECURITY
Reconnex offers products to help prevent data leakage
‘10 million individuals are victims of identity theft’ More

BROADBAND
Pricing formula likely for additional spectrum
Cap on initial allocation; no freeze on number of operators More

E-GOVERNANCE
3i implementing Goa info-tech project
IT solutions provider 3i Infotech has partnered with the Government of Goa to implement the State’s integrated information infrastructure project.The Government of Goa announced today the launch of GoaOnline portal, which would ... More

EVENTS
Meet on computer technology
Coimbatore, Aug.22 An international conference on ‘Emerging trends in information science and computer technology’ will be held on September 7-8 at SSM College of Engineering, Komarapalayam. According to a communication from Dr M ... More

SOCIETY & DEVELOPMENT
Social responsibility
More

STANDARDS & BENCHMARKS
TRAI asks Bharti to stop charging users for repairs
New Delhi, Aug. 22 Telecom Regulatory Authority of India on Tuesday asked Bharti Airtel to stop taking money from subscribers for rectifying faults and undertaking repairs. Criticising the operator for proposing to charge extra for ... More






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