- 600% rise for Chandigarh's software exports (11 July 2008)
Chandigarh is being promoted as an IT destination. The Software exports from the city have grown to over 600% in the past three years to touch US$ 93.02 million in 2007-08 as compared to US$ 13.25 million in 2004-05. The development of Rajiv Gandhi Chandigarh Technology Park (RGCTP) has assisted in this growth. According to Director IT, Chandigarh Administration, Mr. M.S. Brar, software exports are expected to cross the US$ 1.046 billion mark by 2011. Chandigarh is also hosting an IT conclave called the 'e-Revolution 2008' in August to showcase the opportunities that the city offers.
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Scientist develop 'scratch' to make net 100 times faster (11 July 2008)
Scientists have developed a small ‘scratch’ on a piece of glass and claim that it could make the internet nearly 100 times faster and give users unlimited, error-free access anywhere in the world. The scratched glass is actually a Photonic Integrated Circuit. This circuit uses the 'scratch' as a guide or a switching path for information.
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Bmi and Kale Consultants join hands to develop co-creation initiative (10 July 2008)
Leading UK airline bmi and IT major Kale Consultants announced to start a co-creation initiative. Under this initiative, the companies will jointly develop a financial decision support system for airlines, which will provide both the companies better information to improve business performance and reduce costs.
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Nasscom: Software, BPO growth to slow down next Financial Year (9 July 2008)
As per Nasscom’s annual report, the software and Business Process Outsourcing (BPO) industry's growth is expected to slow down considerably in the next financial year. According to the report, the industry had a combined growth rate of 28.2% in 2007-08, which is expected to slow down to between 21-24% in the next fiscal.
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Indian Software exports cross US$40 billion mark (9 July 2008)
Despite global economic uproar, the software exports of India grew 29 % to cross the US$ 40 billion mark in the fiscal year that ended. Last year the domestic software services market grew by 26% to almost US$12 billion, taking the industry as a whole past the US$50 billion mark.
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PC sales rise to cross 7.3 mn units (8 July 2008)
As per a study, the personal computer sales crossed 7.3 million units in 2007-08, registering a growth of 16% over the previous year and are expected to touch up to 8.5 million units in 2008-09. Western and Southern India recorded a maximum growth in PC consumption at 39% each, which included sale of both notebooks and desktop personal computers as of March 2008.
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UTStarcom bags TEMA award (7 July 2008)
UTStarcom has announced that it has received an award for "Excellence in telecom services and solutions" in India from Telecom Equipments Manufacturers Association (TEMA). Minister for Communications & Information Technology, Shri A Raja presented the award to the company at TEMA's Second Annual National Awards function.
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India Inc to address the issue of e-waste management (5 July 2008)
The flourishing mobile, PC and TV industry and its growing sales in India is forcing the country to address the issue of e-waste. The rising rate of sales also accounts for a large number of dumping every year. The total e-waste generation is approximately 3,80,000 tonnes per year in India. Besides, over 50% to 80% of e-waste from the USA is also dumped here, as the environment protection regulations are not stringent in India.
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EADS chooses HCL as provider (3 July 2008)
HCL Technologies Ltd has been chosen by EADS as its tier-one engineering and technical publication services supplier. HCL is one of the four Indian firms picked by the company as its preferred and strategic partner.
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Zenith Software partners with Norway-based SOC (30 June 2008)
Bangalore-based Zenith Software Ltd (ZSL) announced its foray into the Scandinavian market through a partnership with Norway-based Software Offshoring Consulting (SOC), which is a part of the Norwegian Data-Invest Group that provides progressive and market-oriented solutions and services to clients in the Nordic region.
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Bill Gates bids farewell to Microsoft (27 June 2008)
Mr. Bill Gates, the founder of Microsoft Corp, bid farewell to the company to focus on his philanthropic organization, the Bill & Melinda Gates Foundation. This foundation is the world's largest charity, funded in part by the vast fortune of Mr. Gates. However, Mr. Gates will continue to remain chairman of Microsoft and work on special technology projects.
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Satyam partners Sciformix to manage data of drug cos (27 June 2008)
Satyam Computer Services Ltd in partnership with Sciformix Corporation (US) is set to provide data management services to drug companies. Both the companies, using their respective skill sets, will help pharmaceutical and biotechnology companies to better monitor the safety of the products they market.
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Centre to execute State Wide Area Network (26 June 2008)
The Centre announced to implement State Wide Area Network (SWAN) with 2 Mbps connectivity at a cost of US$ 775.34 million to provide connectivity to over 1,00,000 government offices across the country. The Department of Information Technology (DIT) is overseeing the establishment of the network.
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Center to bring ISPs under USL net (25 June 2008)
The Center is considering a proposal to bring the value-added service providers under the universal service obligation (USO) norms. Hence, Internet service providers (ISPs) such as Sify, Tulip and World Phone may soon have to subsidise the broadband connection in rural areas.
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Tech Mahindra receives US$7.6-m deal with Telecom Fiji (25 June 2008)
Tech Mahindra has bagged a US$ 7.6-million transformational deal with Telecom Fiji Ltd., the sole provider of local and national telephone services in Fiji, to replace IT systems, billing systems and also look at the prospects of outsourcing Telecom Fiji’s billing requirements to other telecom carriers.
For Tech Mahindra, this is the third major deal that it has announced in the last month. Earlier the company had entered in a US$ 24 million retail transformation deal with Telecom New Zealand.
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TCS bags $11.5-m deal with Uganda (25 June 2008)
Tata Consultancy Services (TCS) has won an US$ 11.5-million transformational deal with Uganda Revenue Authority (URA). The deal is to design, install and integrate a tax administration system for the URA. This new system will manage all domestic taxes and duties for the URA.
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Reliance Globalcom signs deal with US firm (24 June 2008)
Reliance Globalcom has entered in an alliance with New York based Stealth Communications, which will allow Stealth Communications' voice peering fabric (VPF) to use Reliance Globalcom's 65,000-kilometre IP-enabled optic fibre network to carry its VOIP traffic and assist the company to expand their VOIP network across 50 countries.
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Bangalore's software exports expected to touch US$13.5 billion (24 June 2008)
Despite the US economic recession, the software exports from Bangalore is expected to touch US$13.5 billion for the current fiscal.
Karnataka Principal Secretary for Information Technology, Biotechnology and Science and Technology, Mr. Ashok Kumar C. Manoli announced that Bangalore being a favored IT destination is expected to reach US$ 60 billion of software exports by 2010.
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Kerala IT exports touch US$ 365.65 million in 2007-08 (24 June 2008)
With a growing number of IT companies coming to the State, export of IT products from Kerala have reached over US$ 365.65 million in 2007-08. The State Chief Minister, Mr. V.S. Achuthanandan, who is also in charge of IT, informed that 71 new companies have started units in the State-run Technopark in Thiruvananthapuram and Infopark in Kochi in the last two years.
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Satyam receives ASTD award (20 June 2008)
Satyam Computer has bagged the American Society of Training and Development (ASTD) Excellence Practice Citation. This recognition is a part of ASTD's 2007 Excellence in Workplace Learning and Performance Programme.
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Spanco, Shyam Tele promoters buy Spectranet (19 June 2008)
Spanco Telesystems and the promoter group of Shyam Telecom have acquired Spectranet, Punj Lloyd’s Internet services provider (ISP) arm. The deal is reported to be in the region of US$ 29.07 million. Spanco and the Shyam group will together hold 100% in the entity through a joint venture, Citycom, formed for this purpose.