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'Post-Budget, IT cos gearing up for acquisitions'

The much anticipated Budget announcements are over. The entire Opposition walked out from the Lok Sabha in protest terming the Budget as 'inflationary'.The FM changed the slabs cutting the rate to......

Chip makers may curb hiring

With recessionary trends in the US economy appearing imminent, semiconductor firms - particularly the global companies operating captive design centres in India - are expected to hire fewer......

Mixed fortune for IT small, mid-caps in Q2

Unlike the first quarter of FY08 when Indian IT small- and mid-caps were hit hard due to a nearly 7 per cent appreciation in the rupee against the dollar, the July-September period was relatively......

BMC Software to raise headcount, invest $5 million

Enterprise management solutions provider BMC Software India will invest around $5.5 million in its Pune offshore development centre by early next year, raising its total investments to $12 million.......

Patni to invest Rs 100 cr in Pune centre

Patni Computer Systems Ltd will spend Rs 1 billion ($23 million) to set up a new software development centre in Pune, the company informed the Bombay Stock Exchange said on Thursday. The new centre......

Indian hand in London Olympics

There is an Indian hand in the successful bid and holding of the London Olympics beginning on Friday. As the unprecedented third Olympics in London gets underway, NRI industrialist Lord Swraj Paul......

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