These facilities will accommodate 3,500 employees, who will be moved to the two company-owned campuses.
"The results, new client wins and business orders show good signs of our jobs being intact. With the media reports indicating that the company's annualised revenue run-rate would be much higher than expected, we are now confident that Satyam and its new owner will keep the people on the bench busy with new client engagements in the coming months," said a Satyam associate. A top official added, they're especially happy with the announcement of $380 million worth of new orders.
Scraping, which implies lifting content from the original site and placing it on some other site without authorisation of the original developer, has consistently proved a sore point for Indian gaming companies since it robs them of potential revenue. Now, however, with clever use of technology, online flash game advertising firms like MochiAds, Inviziads and Gamejacket are putting game developers back in control of their content.
Tech Mahindra's acquisition of Satyam Computer Services, according to an internal survey, has helped in restoring the confidence of the latter's clients, many of whom were thinking of terminating their ties with the fraud-hit IT firm.
TM has an agreement with the Union of European Football Associations, while Satyam has signed up with Fifa. A Satyam spokesperson said: "Tech Mahindra has been providing mobile streaming services to Uefa, besides other telecom services. The company will support us by offering its technology expertise in football. We will go together for the two World Cups." TM and Satyam's alliance on sports may not end with the World Cup and may expand to other disciplines as well.
One associate feels rebuilding trust in existing and prospective clients will take six months to a year. "Currently, it's business as usual for those who are involved in project development but not for those in business development. We don't have financials and without it we cannot convince clients about our capabilities. Now that we have come under the umbrella of Tech Mahindra, things may change for the good soon," he said.
Election 2009 is revitalising the Indian gaming companies' interest in developing games based on political and election themes for online and mobile platforms.
Hyderabad-based game development company 7Seas Technologies Limited has developed five free online political games that enable you to make politician do all kinds of things -- virtually.
GramIT, rural business process outsourcing initiative of the Byrraju Foundation, is in talks with various funding agencies 'to expand the scope and presence of its rural BPO services,' said foundation's lead partner Verghese Jacob. Byrraju Foundation is the NGO outfit formed by Satyam Computer Services founder B Ramalinga Raju in his personal capacity.
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.
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.
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