INFO-TECH
NEW BUSINESS
TCS wins $40-m New India Assurance deal
This is its first major engagement in the non-life insurance space
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TCS deal with Sony
Represents shift in gears in terms of service delivery
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TELECOMMUNICATIONS
Sony Ericsson plans to increase market share
Launches new handsets for Indian market
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Tata Teleservices hopes to expand to 700 towns in Tamil Nadu
Coimbatore, Jan. 24 Tata Teleservices Ltd (TTSL) expects to catapult itself among top three in the State with an aggressive expansion plan.The company also aims to figure among the top three telecom operators in the country by expanding ...
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TDSAT dual tech hearing on Feb 14
The Telecom Disputes Settlement and Appellate Tribunal will hear the Cellular Operators’ Association of India’s plea against the Government’s move to allow use of dual technology on February 14. TDSAT said that it wanted to ...
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FINANCIAL PERFORMANCE
Gemini Comm net increases
Robust demand from the enterprise segment has resulted in Gemini Communications reporting marginally increased revenues for the quarter ended December 2007, over the same period last year. Usually the wireless division of the company ...
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Tulip IT net rises 97%
New Delhi, Jan. 24 Tulip IT Services Ltd’s net profit increased 97 per cent to Rs 54.09 crore during the third quarter ended December 2007 against Rs 27.48 crore in the same quarter of the previous fiscal. Net sales rose 54 per ...
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GTL net jumps 95.5%
The Mumbai-based network services provider GTL Ltd has recorded a 95.5 per cent jump in net profit at Rs 40.67 crore for the third quarter ended December 31, 2007 compared with Rs 20.80 crore in the corresponding period last year. Total revenues ...
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D-link net up 13.2% at Rs 7.03 cr
The city-based D-Link (India) Ltd has posted a net profit of Rs 7.03 crore for the quarter ended December 31, 2008, an increase of 13.2 per cent on Rs 6.21 crore recorded in the corresponding period of the previous year. Total revenues were up ...
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HARDWARE
Spanco plans biz unit to market ‘Su Rakshaa’
Mumbai, Jan. 24 Spanco Telesystems & Solutions Ltd plans to set up a strategic business unit (SBU) to market ‘Su Rakshaa,’ a product that enables real-time monitoring of vehicles. Spanco intends to market this product to IT/BPO ...
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SOFTWARE
MS to put Office binary file formats on Web
New Delhi, Jan. 24 Microsoft Corporation on Thursday announced its plans to make it easier to obtain the documentation for its Office binary file formats including .doc, .xls, .ppt. The software giant would make the information available via ...
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HCL Tech’s ‘campus to corporate’ initiative
Bangalore, Jan. 24 HCL Technologies has signed a memorandum of understanding (MoU) with four colleges in Bangalore, as a part of its campus engagement initiative. The initiative includes introducing ‘GoPro’ — HCL’s ...
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DQ Entertainment provides exit route to early investors
Hyderabad, Jan. 24 Animation and gaming company DQ Entertainment, which recently got listed on the Alternate Investment Market (AIM) of the London Stock Exchange raising about $66 million, has provided an exit route to some of the early ...
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A software that can diagnose diseases!
VIRTUAL PHYSICIAN
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MERGERS & ACQUISITIONS
Rolta agrees to buy Broech of US for Rs 180 cr
Mumbai, Jan. 24 Rolta India has agreed to acquire the US-based IT consulting firm Broech Corp for $45 million (Rs 180 crore). The acquisition of Broech, which does Oracle consulting business as ‘TUSC’, is expected to give ...
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ALLIANCES & JOINT VENTURES
BSNL ties up with US firm SOMA for WiMax
To roll out services during July-Sept in 3 States
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SECURITY
‘Majority of malicious Web sites legitimate’
Coimbatore, Jan. 24 A Websense research report released here has revealed that a majority of malicious Web sites were now legitimate sites compromised by attackers.‘For the first time – the number of legitimate Web sites ...
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IronPort to focus on R&D in India
Bangalore, Jan. 24 IronPort Systems, a security software maker, aims to focus on research and development activities in India and plans to increase their headcount 10 times to 300 employees.The San Bruno, California-based IronPort ...
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BROADBAND
Telecom industry seeks duty cut on wireless data cards
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OUTLOOK
‘Domestic IT services market to grow to $10.73 b by 2011’
Gartner sees growth in consulting, business process management services
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PEOPLE
ASUS India chief
Mumbai: Technology manufacturer ASUS India today announced the appointment of Mr Albert Tung as the new Managing Director for ASUS India. — Our ...
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Tata Teleservices Maharashtra MD quits
Mr Charles Anthony has resigned from his position as the Managing Director of Tata Teleservices Maharashtra (TTML). Dr Mukund Govind Rajan, who is a member of the TTML board, has replaced Mr Anthony. Dr Rajan joined the Tata Group through the ...
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