French firm Altran expanding India operations
April 26th, 2012 - 8:55 pm ICT by IANS
Bangalore, April 26 (IANS) French major Altran Technologies is expanding its operations in India to tap the domestic market and serve its global customers in aerospace, automotive, railways and energy ... Read more...
Posted in Business |
FIEO ties up with eBay, PayPal to boost exports
April 12th, 2012 - 9:33 pm ICT by IANS
New Delhi, April 12 (IANS) The Federation of Indian Export Organisation (FIEO) Thursday signed an agreement with e-commerce portal eBay and online payment provider PayPal to boost exports, said a ... Read more...
Posted in Business |
IT product firm Ittiam posts $20 million revenue
March 21st, 2012 - 1:36 am ICT by IANS
Bangalore, March 20 (IANS) Embedded software firm for digital signal processing (DSP) Ittiam Systems posted $20 million (Rs.100 crore) revenue for this fiscal (2011-12), with royalty income accounting for 35 ... Read more...
Posted in Sci-Tech |
European crisis not to hit Indian IT: Nasscom
September 21st, 2011 - 7:56 pm ICT by IANS
Bangalore, Sep 21 (IANS) Sovereign debt crisis in some European countries and slow recovery in the US will not impact the Indian IT industry this fiscal, software industry body Nasscom ... Read more...
Posted in Uncategorized |
Microland gets $55-mn deal from British firm again
August 10th, 2011 - 11:09 pm ICT by IANS
Bangalore, Aug 10 (IANS) Microland Ltd renewed a multi-year deal valued at $55 million (Rs.249 crore) with British service firm Serco Plc for providing remote IT infrastructure management services, the ... Read more...
Posted in Business |
Technopark signs MoU with Sharjah Free Zone
June 16th, 2011 - 10:39 pm ICT by IANS
Thiruvananthapuram, June 16 (IANS) IT hub Technopark and Sharjah's Hamariyah Free Zone Authority (HFZA) Thursday signed a pact for mutual development and promotion of IT and other industry.Technopark CEO Mervin ... Read more...
Posted in Business |
Indian firms hiring workers in North America: Report (Lead)
May 23rd, 2011 - 3:14 pm ICT by IANS
Washington, May 23 (IANS) India's outsourcing giants, faced with rising wages at home, are looking for growth opportunities in the US with many of them hiring workers in North America, ... Read more...
Posted in Business |
Indian companies hiring workers in North America: Report
May 23rd, 2011 - 11:19 am ICT by IANS
Washington, May 23 (IANS) Faced with rising wages at home, India's outsourcing giants have looked for growth opportunities in the US with many of them hiring workers in North America, ... Read more...
Posted in Business |
Buoyant Indian IT industry rebounds but remains cautious (2010 in Retrospect)
December 30th, 2010 - 3:48 pm ICT by IANS
By Fakir Balaji
Bangalore, Dec 30 (IANS) Recovering from global tech meltdown, the resilient Indian IT industry returned to high growth during a tumultuous 2010 but is cautiously optimistic about 2011 in ... Read more...
Posted in Business |
Chandigarh sells maximum chess boards online: eBay
December 8th, 2010 - 11:46 pm ICT by IANS
Chandigarh, Dec 8 (IANS) Chandigarh traders sold the maximum number of chess boards to global customers and bought the maximum memorabilia related to World War-I (WWI) from July 2009 to June 2010, ... Read more...
Posted in Business |
IBM acquires Sterling Commerce from AT&T for $1.4 billion
May 25th, 2010 - 1:08 am ICT by BNO News
ARMONK, NEW YORK (BNO NEWS) – IBM announced on Monday that it has acquired Sterling Commerce from AT&T.The approximate $1.4 billion cash agreement between the two companies will expand IBM's ability to ... Read more...
Posted in Technology Industry News |
Microsoft launches Office 2010 for global customers
May 13th, 2010 - 5:35 am ICT by IANS
San Francisco, May 13 (IANS) Software giant Microsoft Corp. has rolled out its latest version of application software, Office 2010, for customers across the world.
The company also announced Wednesday the release of ... Read more...
Posted in Business |
Wipro unveils global delivery centre in Brazil
March 25th, 2010 - 6:45 pm ICT by IANS
Bangalore, March 25 (IANS) Wipro unveiled a global delivery centre at Curitiba in Brazil to serve its global and near-shore clients, the Indian software major said Thursday.
Though Wipro's global IT services business ... Read more...
Posted in Sci-Tech |
Infosys opens development centre in Brazil
December 15th, 2009 - 8:15 pm ICT by IANS
Bangalore, Dec 15 (IANS) Infosys Technologies Tuesday said it has opened a development centre in Brazil to service clients in that South American country as well as Brazilian subsidiaries of global customers.
The ... Read more...
Posted in Business |
Ruia Group acquires German sealing systems co (Lead)
December 14th, 2009 - 9:15 pm ICT by IANS
Kolkata, Dec 14 (IANS) Kolkata-based Ruia Group Monday announced it had acquired Germany's leading automotive sealing systems company Henniges Automotive Grefarth GmbH, saying this would help it globally consolidate business in the ... Read more...
Posted in Business |
Ruia Group acquires German sealing systems firm
December 14th, 2009 - 5:47 pm ICT by IANS
Kolkata, Dec 14 (IANS) The Kolkata-based Ruia Group Monday said it has acquired Germany's leading automotive sealing systems company, Henniges Automotive Grefarth GmbH.
The fresh acquisition will help the group to globally consolidate ... Read more...
Posted in Business |
Mahindra Satyam to expand operations in Malaysia
December 1st, 2009 - 7:00 pm ICT by IANS
Mumbai, Dec 1 (IANS) Mahindra Satyam is expanding its operations in Malaysia by moving more software development and delivery operations to its solution centre in that country, the IT bellwether said ... Read more...
Posted in Business |
Government-selected Satyam board gets Dataquest award
September 18th, 2009 - 2:08 pm ICT by IANS
New Delhi, Sep 18 (IANS) The government-appointed board of scam-tainted Satyam Computer Services has been conferred the "Dataquest Person of the Year" award for its role in helping overcome the biggest corporate ... Read more...
Posted in Business |
Reliance Mobile launches map search platform (Business Capsule-2)
September 10th, 2009 - 9:51 pm ICT by IANS
Mumbai, Sep 10 (IANS) Reliance Mobile Thursday launched a search platform with maps data, BIGMaps, on its GSM network, enabling users to search for any local information on an all-India basis, a ... Read more...
Posted in Business |
Despite slowdown, Wipro BPO continues hiring
April 28th, 2009 - 6:01 pm ICT by IANS
Hyderabad, April 28 (IANS) Despite the economic slowdown, Wipro BPO, the business process outsourcing division of IT giant Wipro Technologies, is hiring personnel and expanding its operations globally, a top official said ... Read more...
Posted in Business |
Nasscom pegs revenues of Indian software industry at $60 bn (Lead)
February 4th, 2009 - 3:18 pm ICT by IANS
New Delhi, Feb 4 (IANS) The Indian software and services industry is expected to grow 16 percent this fiscal and log revenues of $60 billion despite the global slowdown, a top lobby ... Read more...
Posted in Business |
Astra Microwave wins INR 138 million order from Antrix
December 17th, 2008 - 3:12 pm ICT by ANI
Hyderabad, Dec 17 (ANI/Business Wire India): Astra Microwave Products Ltd today announced that it has received an INR 138 million order from Antrix Corporation Ltd.
The commercial arm of India''s Department ... Read more...
Posted in Business |
Pune jeweller setting up shop in Silicon Valley
August 15th, 2008 - 9:22 pm ICT by IANS
Pune, Aug 15 (IANS) Jewellery major PN Gadgil and Company is all set to launch two show rooms in the Silicon Valley, California, a top company official said here Friday. The first ... Read more...
Posted in Business |
Microsoft working on hiking computing penetration in India
August 12th, 2008 - 6:51 pm ICT by IANS
Hyderabad, Aug 12 (IANS) Microsoft, the world's largest software developer, is now focusing on developing innovative tools to expand computing penetration in India and other emerging markets, a top company official said ... Read more...
Posted in Sci-Tech |
Singapore Airlines, the worlds best airline for third time in a decade
August 12th, 2008 - 12:36 pm ICT by ANI
Sydney, Aug.12 (ANI): Singapore Airlines has been named the world''s best airline in the 2008 Airline of the Year awards. Cathay Pacific and Qantas came second and third respectively in the ... Read more...
Posted in Entertainment |
Kaseya begins India operations with $10 mn investment plan
May 23rd, 2008 - 11:26 am ICT by admin
Mumbai, May 23 (IANS) US-based global IT services provider Kaseya will set up the world's first super network operating centre (NOC) in Bangalore by mid-June as part of its $10 million investment ... Read more...
Posted in Sci-Tech |
BTS India Private Equity invests in Parabolic Drugs Limited
May 6th, 2008 - 6:47 pm ICT by admin
Mumbai, May 6 (ANI -Business Wire India): BTS India Private Equity Fund Limited has announced that it will invest around seven million dollars in Parabolic Drugs, a fast growing pharmaceutical company ... Read more...
Posted in National |
Novell plans $100 mn expansion of India operations
April 17th, 2008 - 12:45 am ICT by admin
Bangalore, April 16 (IANS) US software major Novell will invest an additional $100 million over the next three years to scale up its India operations, including research and product development capabilities, a ... Read more...
Posted in Sci-Tech |
US-based Timken starts new plant near Chennai
April 16th, 2008 - 6:04 pm ICT by admin
Chennai, April 16 (IANS) US-based Timken Company's wholly owned subsidiary Timken India Manufacturing Private Limited plant was inaugurated Wednesday in Mahindra World City Special Economic Zone (SEZ) near Chennai. The $25 million ... Read more...
Posted in Business |
Yahoo! to develop nest-generation products from India lab
March 4th, 2008 - 8:05 pm ICT by admin
Bangalore, March 4 (IANS) Leading search engine and news and entertainment portal Yahoo! has set up a laboratory here to develop next-generation products for its global customers and users, a company official ... Read more...
Posted in Sci-Tech |
Tata Communications to expand network services to China
February 26th, 2008 - 8:48 pm ICT by admin
Mumbai, Feb 26 (IANS) Telecom firm Tata Communications Ltd (TCL) said Tuesday that it has formed a partnership for network services with a Chinese company to offer increased connectivity to its Indian ... Read more...
Posted in Sci-Tech |
Reliance Communications integrates its global initiatives
February 20th, 2008 - 7:04 pm ICT by admin
Mumbai, Feb 20 (IANS) Anil Ambani-led Reliance Communications Ltd (RCL) Wednesday said it has integrated all its global initiatives under the umbrella brand of Reliance Globalcom. "In creating Reliance Globalcom, we are ... Read more...
Posted in Business |
Sierra Atlantic declared top 100 global services company
February 19th, 2008 - 6:34 pm ICT by admin
Hyderabad, Feb 19 (IANS) Sierra Atlantic, a leading offshoring enterprise applications and outsourced product development firm, Tuesday announced that it has been named a top 100 global services company by Global Services ... Read more...
Posted in Business |
Torex and McDonald’s sign licensing arrangement
January 14th, 2008 - 4:32 pm ICT by admin
Dunstable/ England, Jan 14 (ANI/Business Wire India): Torex Retail Holdings Limited, the leading global provider of software and solutions to the extended retail marketplace, today announced a new licensing arrangement with McDonald's ... Read more...
Posted in Business |