NIIT Limited, a provider of IT training, learning and knowledge solutions, is set to expand its overseas presence by expanding its chain of IT education training centres in a few emerging countries and by entering new geographies.
Big and small domestic IT firms are busy positioning themselves to snap up the $8 billion market opportunity that the aerospace sector has created.
Almost 90 per cent of companies that started their captive operations (set up to provide internal services and in some cases sell them to clients) in India in the last 18 months are operating with less than 300 people each.
From a modest beginning as a defence exposition in 1996, Aero India 2007, the sixth edition of the biennial event, has matured beyond recognition, drawing attention from all the global aviation biggies.
Y Gopala Rao who retired as chairman and managing director, Bharat Electronics, a defence PSU based out of Bangalore, had identified cutting costs as a key objective for the future.
R Karthik Shekhar took the lead to float the Union for Information and Technology Enabled Services in September 2005.
As India moves up the value chain in the global IT arena, the role of software architects will be crucial in designing complex applications.
DaimlerChrysler India, which doubled the sales of its Mercedes-Benz luxury cars in India in calendar 2006, is seeking government support to further develop the luxury car market in India.
Signalling a reverse outsourcing trend, many Indian IT firms with their operations spread across the US and Europe are now outsourcing a part of their administrative work in the US to a US-based firm Hanna Global Solutions.
BNA Technology Consulting has launched what it terms as 're-intermediation' through a web-based solution called LivServ
Lenovo, the Chinese giant which acquired IBM's PC business a year ago, is aggressively positioning its ThinkPad brand of notebook products for the small and medium business customers in India.
Infosys directors - N R Narayana Murthy, Nandan Nilekani, T V Mohandas Pai (head of HR) and five others - have collectively offered 1.3 crores