bellwethers

Karnataka braces for Thursday shutdown


September 19th, 2012 - 11:41 pm ICT by IANS
Bangalore, Sep 19 (IANS) With the ruling Bharatiya Janata Party (BJP) in Karnataka extending support to the nationwide shutdown Thursday, the police has been put on high alert to maintain ... Read more...

Posted in Politics |

IT industry backs Murthy, Premji on policy paralysis


June 14th, 2012 - 1:27 pm ICT by IANS
Bangalore, June 13 (IANS) The resilient Indian IT industry has shared the grave concerns expressed by Infosys' chairman emeritus N.R. Narayana Murthy and Wipro chairman Azim Premji on policy ... Read more...

Posted in Business |

Bangalore to get India’s first IT investment region


June 4th, 2012 - 9:16 pm ICT by IANS
Bangalore, June 4 (IANS) Bangalore will have the country's first Information Technology Investment Region (ITIR) for knowledge-based industries, including software and hardware firms with entire supply chain, an official said ... Read more...

Posted in Business |

Bangalore blinks for hour to save earth


April 1st, 2012 - 2:06 am ICT by IANS
Bangalore, April 1 (IANS) India's tech hub late Saturday partly plunged into darkness for an hour, as public and private organisations, companies, malls and shops joined thousands of greens to ... Read more...

Posted in Uncategorized |

Kalam call for material convergence through ICT, nano


October 19th, 2011 - 1:14 am ICT by IANS
Bangalore, Oct 18 (IANS) The Indian knowledge industry should integrate Information and Communication Technology (ICT) and nano technology for achieving material convergence using silicon electronics and photonics, former president A.P.J. ... Read more...

Posted in Sci-Tech |

India’s premier ICT event unveiled in tech hub


October 18th, 2011 - 4:37 pm ICT by IANS
Bangalore, Oct 18 (IANS) India's premier information and communication technology (ICT) event began in this tech hub Tuesday, with a focus on innovation and research and development (R&D;) to drive ... Read more...

Posted in Sci-Tech |

Bangalore IT trade fair to focus on innovation


October 4th, 2011 - 9:17 pm ICT by IANS
Bangalore, Oct 4 (IANS) India's premier IT trade fair - Bangalore IT.biz - Oct 18-20 will focus on innovation and research and development (R&D;) in the technology space to drive ... Read more...

Posted in Sci-Tech |

TCS net zooms 30 percent on volume growth (Lead)


January 17th, 2011 - 10:25 pm ICT by IANS
Mumbai, Jan 17 (IANS) India's largest IT bellwether Tata Consulting Services (TCS) posted consolidated net profit of Rs.2,370 crore (Rs.23.70 billion) in the third quarter of the current fiscal (2010-11), registering ... Read more...

Posted in Business |

Indian IT industry upset over US healthcare cost burden


December 24th, 2010 - 1:50 pm ICT by IANS
Bangalore, Dec 24 (IANS) The resilient Indian IT industry Saturday expressed outrage over the latest US law to increase the visa fee on its skilled workers to share the healthcare burden ... Read more...

Posted in Business |

Karnataka remains peaceful as police keep strict vigil


September 30th, 2010 - 9:40 pm ICT by IANS
Bangalore, Sep 30 (IANS) Karnataka remained peaceful Thursday as police maintained strict vigil across the state even hours after the Ayodhya verdict was pronounced by the Allahabad High Court in Lucknow, a ... Read more...

Posted in Uncategorized |

Poland woos Indian investment with incentives


September 6th, 2010 - 7:41 pm ICT by IANS
Bangalore, Sep 6 (IANS) Poland Monday invited Indian industry to invest in the country with a slew of incentives for setting up operations in manufacturing and the services sectors. "Being strategically located in ... Read more...

Posted in Business |

Polish PM to address India Inc in Bangalore Monday


September 5th, 2010 - 11:36 pm ICT by IANS
Bangalore, Sep 5 (IANS) Polish Prime Minister Donald Tusk will address India Inc in this tech hub Monday and showcase investment opportunities in his country to prospective investors. "Tusk will address captains ... Read more...

Posted in Business |

Indian IT industry to oppose US bill on visa fee hike


August 13th, 2010 - 5:11 pm ICT by IANS
Bangalore, Aug 13 (IANS) The Indian IT industry will soon take up with the US Administration and the Congress the impact of the imminent hike in visa fee on its on-site engineers ... Read more...

Posted in Sci-Tech |

Karnataka moves to set up IT investment region near Bangalore


July 15th, 2010 - 10:51 pm ICT by IANS
Bangalore, July 15 (IANS) The Karnataka legislative assembly Thursday passed a bill to set up an Information Technology Investment Region (ITIR) at Devanahalli near Bangalore in partnership with the central government, ... Read more...

Posted in Business |

Shutdown hits life in India’s bustling tech hub


July 5th, 2010 - 6:03 pm ICT by IANS
Bangalore, July 5 (IANS) The dawn-to-dusk all India shutdown Monday crippled normal life in India's tech hub, with hundreds of IT firms, including Indian bellwethers Infosys and Wipro and multinationals logging out ... Read more...

Posted in Business |

Shutdown against fuel price rise near total in Karnataka


July 5th, 2010 - 12:52 pm ICT by IANS
Bangalore, July 5 (IANS) The all-India shutdown called by opposition parties to protest the fuel price hike was near total in Karnataka, ruled by the Bharatiya Janata Party, with schools, colleges, ... Read more...

Posted in Business |

Bangalore IT firms to log out for Monday shutdown


July 4th, 2010 - 7:18 pm ICT by IANS
Bangalore, July 4 (IANS) Hundreds of IT firms, including Indian bellwethers Infosys Technologies and Wipro will remain closed Monday due to the nationwide shutdown against the hike in fuel prices. "As a ... Read more...

Posted in Politics |

IT, BT firms flock to Karnataka to invest Rs.124 bn


June 1st, 2010 - 9:22 pm ICT by IANS
Bangalore, June 1 (IANS) As many as 55 companies have proposed to invest over Rs.12,353 crore (Rs.124 billion) in Karnataka, India's knowledge hub and a favourite destination of IT and biotechnology ... Read more...

Posted in Business |

India targets $45 bn from engineering services by 2020


May 20th, 2010 - 8:09 pm ICT by IANS
Bangalore, May 20 (IANS) Riding high on its success in software and back-office services globally, India has set a $45-billion revenue target from engineering research and development (ER&D) services by 2020. "The resilient ... Read more...

Posted in Sci-Tech |

Premji bets on large deals from US, Europe and India


April 23rd, 2010 - 7:37 pm ICT by IANS
By Fakir Balaji Bangalore, April 23 (IANS) With tech spend reviving on signs of global economic recovery, Indian IT bellwethers like Wipro see large deals coming back to the table for aggressive business ... Read more...

Posted in Sci-Tech |

Signs of strong recovery in global IT market: study


April 12th, 2010 - 1:02 pm ICT by IANS
Bangalore, April 12 (IANS) The global IT market is set for a strong recovery this year on signs of a revival in tech spending in the US and other developed countries after ... Read more...

Posted in Business |

Chengdu woos Indian firms to invest in China’s IT hub


February 28th, 2010 - 9:38 pm ICT by IANS
Bangalore, Feb 28 (IANS) Chengdu in Sichuan province of southwest China is wooing Indian firms to set up software development centres in that country's IT hub and major outsourcing destination. "Chengdu is an ... Read more...

Posted in Business |

Premier IT event turns low-key following meltdown, floods


November 11th, 2009 - 8:36 pm ICT by IANS
Bangalore, Nov 11 (IANS) Global meltdown and the flash floods in north Karnataka have forced the organisers of BangaloreIT.Biz 2009, a premier IT event, to shift the venue to a hotel from ... Read more...

Posted in Business |

Indian IT industry can bounce to double-digit growth: Infosys (Interview)


October 12th, 2009 - 3:08 pm ICT by IANS
By Fakir Balaji Bangalore, Oct 12 (IANS) As the global economy recovers fully, the resilient Indian information technology industry can bounce to double-digit growth again, Infosys Technologies chief executive S. Gopalakrishnan has said ... Read more...

Posted in Business |

Indian IT industry on alert to prevent swine flu fallout


August 16th, 2009 - 11:08 am ICT by IANS
By Pupul Dutta and Fakir Balaji New Delhi/Bangalore, Aug 16 (IANS) The $60-billion Indian IT industry is on an alert mode on account of the pandemic swine flu that has affected travel and ... Read more...

Posted in Business |

Indian IT industry bucks global recession to sustain growth


July 19th, 2009 - 3:27 pm ICT by IANS
New Delhi, July 19 (IANS) The Indian IT industry managed to limit the impact of global recession last fiscal and maintain the growth momentum, albeit lower than that in the boom ... Read more...

Posted in Business |

Intel profits drop 55 percent


April 15th, 2009 - 7:52 am ICT by IANS
San Francisco, April 15 (DPA) Computer-chip giant Intel reported a 55-percent drop in first-quarter income Tuesday but said that it believed sales had bottomed out and that business was returning to normal. "We ... Read more...

Posted in Business |

Wipro bags Rs.11.8 bn outsourcing deal


March 13th, 2009 - 10:25 pm ICT by IANS
Bangalore, March 13 (IANS) Wipro Infotech has bagged a Rs.11.82-billion (Rs.1,182-crore) IT outsourcing contract from the state-run Employees State Insurance Corp (ESIC), the company said Friday. In bagging the deal, Wipro outbid India's ... Read more...

Posted in Business |

Infosys, Wipro hope Obama will not hurt US competitiveness (Lead)


February 25th, 2009 - 11:15 pm ICT by IANS
Bangalore, Feb 25 (IANS) Indian IT bellwethers Infosys Technologies and Wipro Wednesday expressed confidence that the US would not take any measure that would hurt its global competitiveness. Reacting cautiously to US ... Read more...

Posted in Uncategorized |

Terror e-mails to IT firms may be ploy to mislead: police


January 5th, 2009 - 7:58 pm ICT by IANS
Bangalore, Jan 5 (IANS) A flurry of e-mails threatening to blow up glitzy buildings of IT bellwethers like Infosys and Wipro in this tech hub of India may be a ploy to ... Read more...

Posted in World |

Indian business will weather Mumbai storm: IT giants, others


November 27th, 2008 - 8:43 pm ICT by IANS
Bangalore, Nov 27 (IANS) Indian IT bellwethers and other corporate giants do not believe the terror attack in Mumbai will disrupt business for long or affect foreign direct investment (FDI), even though ... Read more...

Posted in Uncategorized |

Indian IT honchos shrug off Obama threat to outsourcing


September 4th, 2008 - 11:02 am ICT by IANS
Bangalore, Sep 4 (IANS) The Indian IT industry remains unfazed by the threat to outsourcing sounded by US Democratic presidential nominee Barack Obama. "Companies that ship jobs overseas will not get tax ... Read more...

Posted in Uncategorized |

Salarpuria eyes techies for Rs.10-bn housing project


August 25th, 2008 - 7:02 pm ICT by IANS
Bangalore, Aug 25 (IANS) Leading real estate group Salarpuria is building a mega housing project to provide luxury apartments to techies working in the electronics city on the city's outskirts.The Rs.10 billion ... Read more...

Posted in Uncategorized |

Skylimo service between new Bangalore airport and city begins


July 1st, 2008 - 8:28 pm ICT by IANS
Bangalore, July 1 (IANS) Leading private charter operator Deccan Aviation Tuesday launched a helicopter service between the new Bangalore international airport and India's IT hub to ferry commuters hardpressed for time to ... Read more...

Posted in Sci-Tech |

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