S Venkatramani, who will head the Indian operations, is already bullish about the opportunity the domestic market offers. Venkatramani takes over after the recent rejig announced by TCS in its organisational structure.
The Indian IT companies, which have been hitherto providing back office services (claims processing and others), are now planning to provide actuarial valuations. Genpact, one of the largest players in the property and casualty space has been in actuarial services since the last five years.
Reliance Retail has tied up with Microsoft to launch the concept of connected homes.
Anti-virus and anti-spyware technologies, which are packaged as 'blacklist' solutions, are gradually giving way to what security experts claim is a far more effective IT security technology based on 'whitelist' solutions.
Employees who forward office documents and emails to personal email accounts pose the greatest security risk to an organisation, according to a report by Websense.
Insurance funds will soon start flowing to special economic zone projects, agro-processing and infrastructure projects, domestic satellite services and social infrastructure like educational institutions and hospitals.
L&T plans to launch as asset management company and has also collaborated with US based Travelers for a non-life insurance venture.
Last week, Reliance Entertainment signed up with Manchester United for an exclusive, global three-year game development deal, which reports estimated at $100 million. Rajesh Sawhney, president, Reliance Entertainment, talked to Business Standard about the company's plans in the gaming, animation and home entertainment space.
All low-cost laptops and desktops come pre-loaded with a Linux OS or a DOS version (obsolete on desktops). The installation of a legal Microsoft operating system (OS) and office suite (for word, excel, etc) will increase the price of the desktop or laptop by 20 to 35 per cent.
Logix, a company dealing in automative e-retailing solutions, is negotiating the acquisition of a US firm.
In the last three months, attrition of the company has come down by 25 per cent. The company's attrition on an average ranges from 38 to 58 per cent annually.
The Express group is expected to get around Rs 500 crore (Rs 5 billion) from the deal.
A recent US Department of State directive to the US consular posts now requires consulting an electronic record for visa issuance in these categories.
Indian IT-BPO firms are looking at Philipines as a viable option to build outsourcing centres.
Private insurers are planning to launch property title insurance covers in India soon. Foreign investment is therefore likely to enter the Indian real estate market.
The year 2007 surely belonged to the Indian gaming industry. Though investments made were larger than the returns, the number of people playing games certainly grew.
General insurers violated IRDA norms on discounts. IRDA reveals plans for 2008
If you search for Benazir Bhutto on the Net, chances are that you would reach a malicious website that will steal your money and personal details stored on the computer and may even crash the system. All this if you do not have a genuine anti-virus installed on the PC.
Insurance companies have started offering IT, IT-enabled services, business process outsourcing and non-manufacturing companies with policies due for renewal on January 1 discounts of more than 60 per cent.
Matrix's new SIM offering promises less paperwork.
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