IT services provider Collabera, formerly known as Global Consultants Inc (GCI), plans to significantly increase its presence in South India by opening more delivery centres over the next two years.
The country's largest apparel exporter, Bangalore-based Gokaldas Exports (2006-7 turnover Rs 1,045 crore or Rs 10.45 billion), sprang a surprise last year when leading global private equity firm Blackstone acquired a 50.1 per cent stake in it.
Indigenous technology development is hitting the high seas. The Indian Coast Guard, ISRO's Ahmedabad-based Space Application Centre and Faridabad-based VXL Technologies Ltd have jointly developed a low-cost GPS (Global Positioning System) transmitter-based fisheries alert system for use by fishermen at sea.
This is the first time that the company has acquired land on its own without seeking the assistance of the state government's land acquisition agency, Karnataka Industrial Area Development Board.
OneRoof revealed its vision of making every village in South India Internet savvy, via the social franchise route.
Wipro Technologies, which runs the global IT business of the IT-to-soaps conglomerate, is looking to increase its business from Japan and the Asia-Pacific (APAC) region. It sees a strong demand for intellectual property (IP) in areas such as semiconductors, System on Chip (SoC) and Radio Frequency Integrated Circuit (RFIC) design coming from Japan and the APAC region, which is emerging as the new growth engine of the world.
Encouraged by their progress, many small IT firms are now exploring tier-III cities such as Udupi, Manipal, Hubli and Belgaum in Karnataka, Kozhikode in Kerala, Tirunelveli in Tamil Nadu, Jaipur in Rajasthan, and Durgapur and Kharagpur in West Bengal.
Research is being done in India to improve the power efficiency of devices.
India's first 3G network, currently being tested in some Tamil Nadu villages, could well lay the seeds of a rural ICT revolution.
With the Centre issuing the guidelines of the new semiconductor policy, companies are firming up their investment plans in India to set up plants.
Unlike IT services companies, which require a large workforce, an average semiconductor design firm needs 150 engineers
State-run postal service Indiapost is planning to extend its online instant money order (iMO) service application, developed by Chennai-based Ramco Systems, to its 26,000-strong post office network across the country.
Techies consider onsite posting rewarding because the difference between offshore and onsite packages is more than three times. Besides, onsite employees are given special allowances for working late hours, transport, medical costs and insurance.
A million applicants are in queue for 1,20,000 visas.
Govt fighting 40 cases on six-lane approach road.
To meet the growing demand for entertainment venues, Cinemax India will invest Rs 350 crore (Rs 3.5 billion) over the next three years to build new multiplexes in 15 locations, mostly in tier-II cities.
The Indian product market, worth $110 million in 2004, is expected to be $1 billion by 2015.
The worldwide recall involves plastic pre-school toys, including replicas of popular children's television characters such as the Cookie Monster, Elmo, Dora and Big Bird, which were manufactured in China.
Its wireless connectivity is based on pay per usage of bandwidth, using SRIT's product DynaRate, which enables users to demand bandwidth on a real-time and dynamic basis.
Infosys will be taking over the subsidiary along with all the costs in the similar manner that TCS had acquired the operations of the Pearl Group in the UK.
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