The scam-tainted Satyam Computer Services appears to be gearing for action after almost a month of uncertainty.
After waiting for months for Satyam Computer Services to honour their job offers, several wannabe Satyamites finally landed at the scam-hit company's headquarters in Hyderabad to get an assurance on their jobs. Satyam has been the preferred choice for many students and colleges alike. But over the last couple of years, the company has either reduced the intake or stopped going to institutes for recruitment. The company usually recruited in advance anticipating new projects.
Hyderabad-based technology company, NowPos (short for NowPossible) Online Services Private Limited, has developed a new process - Beep - where one can place brand logos or miniature advertisements on mobile screens.
The global financial meltdown may take a toll on gifting companies, with corporates likely to tighten their belts around their gifting spend on employees this ensuing festive season.
reQall, one of the first applications for iPhone to be released through AppStore, allows users to capture verbal information without having to key it in on their device. Be it a telephone number, an appointment or sending a text message, all one needs to do is say it aloud and reQall archives it. Currently, the application combines only voice-to-text recordings.
In-game advertising ( or advergames) is catching on in India. Advertisers consider it to be an effective medium to improve brand recall. Indian gaming companies are looking at it as a promising new revenue stream that could offset growing game development costs. An advergame is a fusion of non-intrusive advertising, marketing and branding. Advergames also have potent market research capabilities, demographic assessments or statistics for specific regions just a click away.
Indian gaming companies plan to target women as their new set of customers. In India, there are around 12 million women online users, almost one-third of internet users
"We have zeroed in on two companies down south: One in the electronic security systems space and the other in manned guarding services. The total cost of acquisition would be Rs 100 crore (Rs 1 billion), that will be fully funded through internal accruals. We expect to seal the deals in the next six months," Diwan Rahul Nanda, chairman and managing director, Topsgrup, said. The 37-year-old company closed the last financial year with revenues of Rs 330 crore (Rs 3.3 billion).
The media division of Goldstone Technologies, a Hyderabad-based software solutions and Internet protocol television provider, is eyeing business potential outside the film industry. The division, which restores, colourises and digitises films, is exploring various opportunities to restore national archives. It is currently negotiating with a few government agencies in this regard. Goldstone has also identified 140 films in three languages for restoration and colourisation.
Indbank Merchant Banking Services (Indbank), a subsidiary of public sector Indian Bank, opened its first 'trading cafe' for stock trading in Chennai. It plans to open another 20 such cafes and 18 new branches during 2008-09 across the country.
Being developed on a 14-acre site at Ghatkesar on the outskirts of Hyderabad, AsiaGSB will entail an investment of Rs 25 crore (Rs 250 million) in the first phase and Rs 50 crore (Rs 500 million) over the next two to three years. The B-school is expected to start operations from mid-2008.
Jeanne Sheldon, corporate vice-president (office authoring solutions), Microsoft talks about the vast opportunities of mobile business.
Corporates have been exploring various innovative ways to dole out gifts, especially at a time when mass mailing of the same gift to all its staff is not widely accepted. One such new route is e-vouchers.
Indian testing companies, however, are facing a host of challenges including lack of adequate talent and specialised certification programmes in testing to get youngsters into the profession. The estimated number of testers required in India is projected to be around 18,000 in the coming year, according to a Gartner report.
India Ka Hero, perhaps the first-of-its-kind online reality show, developed by NowPos (short for NowPossible) Online Services Private Limited, allows aspiring musicians, singers, dancers and comedians shed their stage frights and showcase their artistic abilities.
Supermarket chain Spencer's Retail Limited has lined up a capital expenditure of Rs 400 crore (Rs 4 billion) for south during the current financial year.
The Maxwealth Trust provides around Rs 6000 to each individual, which is repayable at Rs 125 a week.
In fact, the opinions delivered by the associations legitimise the outsourcing of legal services to other countries and will lead to the market in India getting larger.
Backed by new client wins and increasing business from the existing customers besides the addition of new geographies and focus areas, US-based Sierra Atlantic Inc, plans to go on a recruitment drive this year.
A trickle of NRI doctors returning home has been there all around the country for decades now.