Having successfully completed the $13.9-billion acquisition and merger of IT consultancy EDS a few months ago, IT services giant Hewlett-Packard is now taking steps to integrate both organisations.
The deal values the stock exchange at $3.3 billion.
With India's two leading IT outsourcing companies, Infosys and HCL Technologies, vying to acquire the UK-based consulting firm Axon, SAP implementation is back in focus.
Eyeing to make 8 buys to meet their revenue guidance.
Bangalore-based IT outsourcing services provider MphasiS, an EDS company, is reducing hiring plans by almost 50 per cent.
Sources in Greenpeace said the representatives of different environmental NGOs are meeting Tata Steel MD B Muthuraman next month. Despite the allegations from various quarters that it has twisted facts and forged reports about the presence of rare Olive Ridley turtles near Dhamra coast in Orissa -- the site where Tatas with partner L&T are developing Rs 2,400-crore (Rs 24 billion) port -- global environmental NGO Greenpeace is bracing for its next phase of action, which may w
The company is in talks with a few private banks and has signed on Citibank as one of the bankers to raise these funds, said sources. HCL Technologies and Citibank declined to comment saying that 'they do not comment on market speculation'.
IMT, which already has a centre in Nagpur other than Ghaziabad, is planning to open its third centre in India. It has been allotted 30 acres of land near the new international airport in Shamshadabad.
Cisco works with a number of IT vendors such as Wipro, HCL, IBM and Datacraft as its tier-I partners in India who provide a lot of value-added services on the top of Cisco's solutions and services. Besides, Cisco has over 100 partners in tier-II cities, who provide network level services to the company's SME customers.
Global IT firms are taking a cue from consumer firms, which revolutionised marketing tactics in the FMCG segment with the shampoo-in-a-sachet concept by appealing to semi-urban as well as rural consumers.
The Olympics have come a long way since the first one in Athens where athletes alone mattered. Over a century later, technology too is helping athletes at the 2008 Beijing Olympics games to smash records.
Poor infrastructure and unavailability of broadband are major reasons why Indians have not taken to Second Life in a big way. Besides, the time zone of Second Life is more attuned to the US, which is another issue for Indians wanting to hook on to this world.
Can security agencies arrest you if an e-mail sent from your computer implicates you in a case of cyber-terrorism? Currently, the answer appears to be "yes" despite the fact that e-mail IDs can be spoofed (faked) and IP addresses (your computer's identity when surfing) manipulated with ease.
The June quarter turned sour for MindTree as forex losses pushed the company into the red despite logging strong growth in revenues.
The uproar against outsourcing work to Indian IT service providers has risen once again as Nielsen Co, the media company which signed a $1.2-billion outsourcing deal with Indian IT services provider Tata Consultancy Services last October and is facing strong criticism for announcing it, would lay off 117 workers this month at its largest global technology centre in Oldsmar, Florida. It has 1,700 employees at this facility.
Infosys Technologies generates over 60 per cent of its revenue from the US, which is witnessing a slowdown. A falling rupee did help the company tide over the quarter, and S Gopalakrishnan (popularly addressed as Kris) says that new opportunities, geographies and centres of excellence will have to be balanced against billing cycle delays and other pitfalls of the market.
Firms are flooded with credit crisis-related litigation jobs from American law companies.
Mark-to-market losses due to the unexpected fall of the rupee against the US dollar, euro and pound; the impact of wage increases in the first quarter; a stagnant global economy; and margin pressure owing to inflation are expected to impact the rupee-term fortunes of Indian IT firms that will declare their quarterly results for the April-June 30 quarter beginning this week.
Warning bells are ringing on Bangalore's future as a leading BPO destination. It is not a full-blown crisis yet but the portents are disturbing, according to a cross section of industry, human resource and real estate experts.
The contentious issue of software patents is rearing its head again, both in India and globally. The Indian Patent Office, for instance, invited companies and institutions to comment on its Draft Manual 2008 - Patent Practice & Procedure (software patents included) this April.
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