| Business Standard: Tech World News | |
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Glodyne set to acquire US-based DecisionOne: Mumbai-based Glodyne Technoserve, provider of technology Infrastructure Management Services (IMS) is acquiring US-based DecisionOne Corporation, also an IMS company, for $104 million (Rs 470 crore). |
'India's English edge not there in hardware': Last year, the information technology outsourcing market in China grew by 25 per cent to reach $25 billion in revenues, according to official statistics. Although still behind Indias $60 billion-equivalent, many Chinese companies are increasingly confident that Indias days as king of software outsourcing are numbered. Pallavi Aiyar spoke to Dr LIU JIREN, founder and CEO of Neusoft, Chinas largest outsourcing company, about how Chinese outsourcing firms evaluate themselves against Indian counterparts. |
What's On India in talks with Reliance, Videocon for EPG: In a bid to tap as many satellite TV providers as possible, Whats On India Media Pvt. Ltd. is in talks with the likes of Reliance and Videocon for provision of its newly launched electronic programming guide (EPG) channel. While the company used to provide EPG content to DTH players like Airtel, Tata Sky and Hathway, among others, What's On India Media Pvt. Ltd. is now pitching for broadcast of its TV guidance channel. |
'We are exploring new operations, acquisitions...client demand is picking up': Nasdaq-listed EXL Services net income for the first quarter ended March 31 doubled to $5.6 million (Rs 25.2 crore) while its revenue rose 32 per cent year-on-year. Rohit Kapoor, president and CEO, told Kirtika Suneja about their plans fo exansion. |
Court rejects Vadlamani's petition for pvt eye doctor: The special court set up to try the Satyam scam accused today disallowed a petition by Satyam Computer Services Limiteds former chief financial officer, Srinivas Vadlamani, seeking treatment in a private eye hospital. |
Sutherland to acquire US BPO firm; deal estimated at Rs 250 cr: US-based Sutherland Global Services today announced the acquisition of Adventity Global Services, a business and financial research and analytical services company. |
Huawei says govt can inspect its facilities any time: Denying rumour that it might be using its office premises to compromise crucial Indian data by planting spyware, Chinese telecom equipment maker Huawei today maintained it was ready to cooperate with the government to have its facility inspected. |
ZTE plans to set up mfg unit in India: Senior management will meet the home secretary today. |
Big money riding on Bollywood sequels: Film producers are taking lessons from Hollywood and planning sequels of nearly 50% of Hindi movies released in the last four years. |
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India's exit from T20 World Cup to pinch advertisers: Indias exit from the ICC T20 World Cup on Tuesday night has dampened advertisers who were using the event as a marketing vehicle. |
Cognizant buys London-based company PIPC Group: Cognizant, a Nasdaq-listed information technology, consulting and business process outsourcing services company, today announced the acquisition of PIPC Group, a London-based global programme management consulting firm. The terms of the transaction were not disclosed. |
Roboticwares develops alarm system: The city based Roboticwares today announced the development of LPG Gas alarm and SMS system for prevention of accidents due to leakage from cooking gas stove, cylinder and rubber pipes. |
Filmmakers line up treat for children, at Rs 35-crore cost: Come this Friday and children will be offered a film treat. A number of releases have been lined up for May 14, keeping in mind the onset of summer vacations. Around Rs 35 crore is riding on the four films Vroom-Adventures of Smarty, Bumm Bumm Bole, Kushti and Admissions Open releasing this Friday. |
Sistema Shyam to invest Rs 250cr: Sistema Shyam TeleServices Limited (SSTL), a joint venture company between Russia's Sistema and Shyam Group of India, will be investing Rs 250 crore to expand its code division multiple access (CDMA) network in Andhra Pradesh by the end of this year. |
CSS announces buyouts of two US firms: US-based Cybernet-Slash Support, the global technology solutions provider, today announced the acquisition of Glow Networks and InteQs service business. Both companies are also US-based. |
Google's Android takes No 2 spot from iPhone: Google Inc displaced iPhone maker Apple Inc to become the second most popular provider of smartphone software in the United States during the first quarter, the latest sign of the increasing competition in the fast-growing mobile market. |
Jobs back in demand, say online firms: Things are looking up for job seekers, according to online employment companies Naukri and Monster. |
Trai tries to change horses midstream: Suggests pegging 2G fee to 3G pricing, lifting M&A restrictions; vetoes 2G auction for now. |
MS updates Office, vies online with Google: Microsoft Corp launches an updated version of its Office software on Wednesday, aiming to keep its grip on the hugely profitable business application market while countering the challenge of free online alternatives from Google Inc. |
Cell-shocked: Telecom stocks on crash course: Leading mobile phone operators came down hard on the telecom regulator on a day when most saw their stocks on a crash course. |