business intelligence

US venture fund invests $15 million in Indian IT firm


February 15th, 2012 - 8:48 pm ICT by IANS
Bangalore, Feb 15 (IANS) Leading US venture fund Norwest Venture Partners has invested $15 million (Rs.74 crore) in Manthan Systems for an unspecified equity stake in the Bangalore-based business intelligence ... Read more...

Posted in Business |

170 Irish firms collapsed every month in 2011


January 4th, 2012 - 3:11 am ICT by IANS
Dublin, Jan 4 (IANS) Ireland witnessed closure of nearly 170 companies each month in 2011 owing nearly 1.2 billion euros ($1.6 billion) in unpaid debt, according to latest statistics released ... Read more...

Posted in Business |

Indian biz intelligence market to grow 15 percent in 2012


November 23rd, 2011 - 11:05 pm ICT by IANS
New Delhi, Nov 23 (IANS) The market for business intelligence (BI) software in India is likely to grow 15.6 percent to $81.5 billion in 2012, a study said Wednesday."The market ... Read more...

Posted in Business |

Lenovo pips Dell to become world’s second largest PC maker


October 13th, 2011 - 2:15 pm ICT by IANS
Hong Kong, Oct 13 (IANS) Computer and electronic device maker Lenovo, listed in both Hong Kong and New York, has replaced Dell to become the world's second largest personal computer ... Read more...

Posted in Business |

NIIT acquires Spanish IT firm Proyecta


August 16th, 2011 - 5:32 pm ICT by IANS
Mumbai, Aug 16 (IANS) Software firm NIIT Technologies Tuesday said it had acquired a Madrid-based IT services firm Proyecta Sistemas de Informacion S.A.In a regulatory filing, NIIT said the acquisition ... Read more...

Posted in Business |

Indian enterprise software market grows 16 percent in 2010


June 28th, 2011 - 10:22 pm ICT by IANS
Bangalore, June 28 (IANS) Riding on the recovery of the global IT industry, the enterprise software market in India grew 16.3 percent in 2010, generating $2.5 billion as against $2.1 ... Read more...

Posted in Sci-Tech |

Seven Indians in 50 top women-led North American firms


April 29th, 2011 - 11:44 am ICT by IANS
Washington, April 29 (IANS) Indian origin women lead seven of the 50 fastest-growing women-owned or women-led companies in North America, according to the non-profit group the Women Presidents' Organization (WPO) ... Read more...

Posted in Business |

MindTree foermer co-founder floats new IT venture


April 5th, 2011 - 7:53 pm ICT by IANS
Bangalore, April 5 (IANS) Former MindTree co-founder Ashok Soota Tuesday announced setting up a new business venture - Happiest Minds Technologies Limited - to provide a slew of IT services ... Read more...

Posted in Sci-Tech |

UAE’s Burj Khalifa bags best construction project award


March 24th, 2011 - 1:18 am ICT by IANS
Dubai, March 23 (IANS/WAM) The world's tallest building, Burj Khalifa in the UAE, has been awarded the best construction project of the year in the Gulf Cooperation Council countries, it ... Read more...

Posted in Business |

Tata Consultancy, Hilton Worldwide tie up for IT services


December 22nd, 2010 - 8:12 pm ICT by IANS
Mumbai, Dec 22 (IANS) Tata Consultancy Services (TCS) Wednesday said it has signed a multi-year agreement with global hospitality company Hilton Worldwide to enhance its technology strategy as part of its 'Hilton ... Read more...

Posted in Business |

Stretching prior to running may lower endurance


September 8th, 2010 - 4:57 pm ICT by ANI
Washington, Sep 8 (ANI): A new study has suggested that distance runners who stretch before running may not to be able run as far-and yet spend more energy doing it.The study was ... Read more...

Posted in Health Science |

Tall slender glasses help people drink in moderation


September 2nd, 2010 - 6:08 pm ICT by IANS
London, Sep 2 (IANS) Can tall slender glasses help people drink in moderation? The answer seems to be a yes, because drinkers tend to pour spirits more generously into short, wide tumblers rather ... Read more...

Posted in Health |

Manthan Systems eyes acquisitions overseas for growth


March 17th, 2010 - 10:53 pm ICT by IANS
Bangalore, March 17 (IANS) Business intelligence and analytics product firm Manthan Systems is scouting for strategic acquisitions overseas to expand into new geographies and maintain growth, a top company official said Wednesday. "We ... Read more...

Posted in Business |

Banana UK’s most wasted food


March 2nd, 2010 - 5:48 pm ICT by ANI
London, Mar 2 (ANI): The banana is the most wasted food in the UK, according to the latest research.The survey by business intelligence company, Retail Active, found that fruit, salad and vegetables ... Read more...

Posted in World |

Manthan gets $15-million second round venture funding


November 19th, 2009 - 11:25 pm ICT by IANS
Bangalore, Nov 19 (IANS) Leading software product firm Manthan Systems secured $15 million from three venture capital partners in the second round (series b) of funding, the company said Thursday. Besides the two ... Read more...

Posted in Business |

Petroleum projects worth nearly $200 bn underway in Gulf region


October 29th, 2009 - 10:24 pm ICT by IANS
Dubai, Oct 29 (IANS) Development and exploration projects worth about $196 billion are being undertaken across the Gulf region in the oil and gas sector, WAM news agency reported wednesday quoting reports. ... Read more...

Posted in Business |

Sonata net remains flat in second quarter


October 14th, 2009 - 9:32 pm ICT by IANS
Bangalore, Oct 14 (IANS) Sonata Software posted a net profit of Rs.21 crore in the second quarter this fiscal, registering a flat growth year-on-year, the IT consulting and services firm said Wednesday. In ... Read more...

Posted in Business |

GE extends multi-million dollar deal with Satyam


September 24th, 2009 - 9:45 pm ICT by IANS
Hyderabad, Sep 24 (IANS) General Electric (GE) has extended its multi-million dollar contract with India's leading consulting and IT services provider Mahindra Satyam for the next three years, the company said ... Read more...

Posted in Business |

Ravi Pillai is VP of Universal Society of Hinduism


July 28th, 2009 - 12:55 am ICT by Sampurn Wire
Ravikumar Subramaniapillai, a software consultant of North Carolina (USA), has been nominated Vice President of renowned Universal Society of Hinduism. 39-year-old father of one, Ravi has volunteered for various Hindu organizations in ... Read more...

Posted in Entertainment |

Economic slowdown to end by October-December: Survey


April 6th, 2009 - 6:56 pm ICT by IANS
New Delhi, April 6 (IANS) A majority of chief information officers (CIOs) of companies in India expect the economic slowdown to end by October-December 2009, a survey conducted by market intelligence IT ... Read more...

Posted in Business |

ICRA subsidiary acquires US-based IT firm for $1 million


March 20th, 2009 - 11:52 pm ICT by IANS
Kolkata, March 20 (IANS) ICRA Techno Analytics Inc, a wholly-owned subsidiary of Kolkata-based ICRA Techno Analytics Ltd (ICTEAS), has acquired 100 percent stake in US firm Sapphire International Inc with an investment ... Read more...

Posted in Business |

BodhTree partners with Red Hat


March 16th, 2009 - 6:42 pm ICT by IANS
Hyderabad, March 16 (IANS) City-based IT service provider BodhTree Consulting has entered into a strategic partnership with Red Hat as independent software vendor (ISV), the company said Monday. Bodhtree's MIDAS (multi industry ... Read more...

Posted in Business |

A career with an Indian Legal Process Outsourcing is the least preferred among law students


December 13th, 2008 - 3:09 pm ICT by ANI
New Delhi, Dec.13 (ANI): A career with an Indian Legal Process Outsourcing (LPO) establishment is the least preferred among law students, according to a survey. In its survey, ValueNotes Database, a leading ... Read more...

Posted in Business |

Nasscom projects $9-12 bn software products revenue by 2015


August 11th, 2008 - 11:14 pm ICT by IANS
Bangalore, Aug 11 (IANS) Indian software product segment is set for a phenomenal growth over the next seven years to post $9.5-12 billion aggregate annual revenue by fiscal 2015 from $1.4 billion ... Read more...

Posted in Business |

Satyam ANZ doubles sales volume


January 21st, 2008 - 3:09 pm ICT by admin
Melbourne, Jan.21 (ANI): India's Satyam Computer Services' Australia and New Zealand business has reported third quarter revenue of 47 million American dollars. Deepak Nangia, Satyam Computer Services ANZ head, said 90 per ... Read more...

Posted in Business |

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