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Wednesday, May 27, 2009
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PEOPLE: Chandrasekaran to succeed Ramadorai as TCS chief
Mumbai, May 24 Tata Consultancy Services said on Tuesday that its current Chief Operating Officer (COO), Mr N. Chandrasekaran, will take over as Chief Executive Officer and Managing Director from ...

MERGERS & ACQUISITIONS: Funding the merger not a major issue: Bharti
Co may have to raise debt of $3-4 billion if talks with MTN succeed. New Delhi, May 26 Bharti Airtel on Tuesday said that funding the proposed merger with South African telecom major MTN was not a major issue. The last time the company had ...

FINANCIAL PERFORMANCE: NIIT Tech Q4 net profit dips 15% on hedging losses
NIIT Technologies Ltd on Tuesday posted a 15 per cent dip in its consolidated net profit for the fourth quarter ended March 31, 2009 on the back of hedging losses. Its profit after tax (PAT) stood at Rs 26.3 crore against Rs 31 crore during ...

SOFTWARE: Wipro Info launches enterprise data centres
Bangalore May 26 Wipro Infotech, the India and Middle East IT Business of Wipro Ltd, expanded its service offerings by launching enterprise data centres that would also help the company provide application services on a pay-per-use ...

SOFTWARE: IBM unveils infrastructure lab
IBM on Tuesday unveiled its Dynamic Infrastructure Lab that has been established by using the skill-base and domain knowledge of its India workforce. The lab, located at the IBM Software Lab in Pune, showcases latest technologies to ...

FINANCIAL PERFORMANCE: Tata Comm net surges in Q4
Tata Communications has reported an over five-fold rise in its net profit at Rs 302.37 crore for the fourth quarter ended March 31, 2009, over the same period last year. The company had a net profit of Rs 56.03 crore during the same quarter ...

NEW PRODUCTS & SERVICES: Acer launches 2 new brands
...

MERGERS & ACQUISITIONS: Telecom sector leads M&A activity in India
New Delhi, May 26 The telecommunication sector has been a significant driver of mergers and acquisitions (M&A) in India accounting for the highest share of deals at 18.6 per cent and 22 per cent during the last two years with values of ...

FINANCIAL PERFORMANCE: Subex annual net loss at Rs 188 cr
Bangalore, May 26 Subex Ltd’s losses widened further for fiscal 2009 largely due to foreign exchange losses, while its net sales grew 15 per cent. The company did not provide a forecast for ...

RESTRUCTURING: RCom gets nod for demerger of optical fibre division
Mumbai, May 26 Reliance Communications (RCom) said on Tuesday that it has received shareholders’ approval for the demerger of its optical fibre division and subsequent merger with wholly-owned arm, Reliance ...

COURTS/LEGAL ISSUES: Court tells BSNL to give reasons for disqualifying Nokia Siemens offer
New Delhi, May 26 The High Court of Punjab and Haryana has directed Bharat Sanchar Nigam Ltd to give reasons for disqualifying the offer from Nokia Siemens Networks for the PSU’s 93-million GSM line. The court has set a deadline ...

INTERNET: Online access to videos channels
...

From eWorld

TELECOMMUNICATIONS: Clear signal on spectrum
DoT has suggested a market-based mechanism for spectrum allocation, instead of subscriber numbers. Call of clarity, say market watchers.. On May 13, a committee under the Department of Telecom submitted a 56-page report on how spectrum ...

INTERVIEW: From MB to GB to TB to…
HP captures turning points in the evolution of storage.. How much information did we create in 2008? The equivalent of more than: 237 billion fully-loaded Amazon Kindle wireless reading devices, 4.8 quadrillion online bank transactions, 3 ...

INTERVIEW: Clients will need to keep spending…
…albeit more carefully, and there are opportunities to be captured, says Cognizant.. It isn’t easy to stump Francisco D’Souza, President and CEO, Cognizant. At age 39, and as CEO of a $3-billion corporation, he has obviously ...

E-GOVERNANCE: Service is a call away
A feel of the e-lokshahi project in Jalgaon district.. Jalgaon District in the north-west region of Maharashtra is known for its advances in horticulture. Its production of bananas and cotton through drip irrigation has been cited as a role ...

INTERVIEW: Crisis under check
Technology can help healthcare tackle virus outbreaks more effectively, says this player.. Collecting and sharing vital health information underpins the successful containment of virus outbreaks and is one of the key requirements to ensure that ...

INTERVIEW: Open opportunity
Red Hat sees career scope in the open source software space.. IT budgets may have shrunk but the demand for IT services is on the rise, says Shankar Iyer, Director (Services), Red Hat. “As adoption of Open Source increases during the time ...

BOOKS: ‘Cyber shepherd’ for grazing tips
Sample some innovative instances of ICT at work.. Political turmoil is almost always the top news about Nepal, and not many may be aware that, at a different level, the tiny landlocked country is striving to harness the powers of ICT ...

CYBER QUEST: Quiz
V. V. Ramanan. 1. Name the aborted Microsoft product for China which was to be a set-top operating system designed to work with ...

CARTOON: Cartoon
“Latest latest gadget, madam. Analog clock with a built-in digital ...






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Markets (May 26)
Nifty (at close)4,116.70(-120.85)
US Dollar (Buy/Sell)47.44/46
Brent crude (a bbl) Rs2,821
Gold (a gram) Rs1,357
Silver (a kg) Rs23,890


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May. 17-May. 23
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