United States-based enterprise ASP firm Corio Inc, which set up its offshore centre in Bangalore in May, plans to ramp up its strength to over 100 by the 2003-end.
Nasdaq listed Sanmia-SCI Corporation is to set up a software development laboratory and a global IT support centre in Chennai with an investment of over $4 million in phase one, according to a top executive of the company.
Nasdaq-listed wireless and broadband equipment major UTStarcom has announced its agreement with Tata Teleservices for supplying 56,000 lines of AN-200 platform to the largest private basic service operator in India.
Cognizant jumps 13 ranks to become 4th most valued.
The Nasdaq-listed Digital Video Systems Inc will invest $25 million to set up a manufacturing plant for consumer electronics in Bangalore.
The Nasdaq-listed information technology company Keane Inc will triple its headcount in India to 5,000 next year to expand operations and will chalk out plans for the fourth development centre in the country.
The car firm however does not want to sell its business.
Software major Infosys on Wednesday said it had identified Thailand as a key target market for its global banking solutions suite, Finacle.
Andy Roddick beat Vince Spadea 6-1, 6-3, while Guillermo Coria beat Fernando Gonzalez 4-6, 7-6, 6-1 in the semi-finals of the Nasdaq-100 Open.
In the women's event of the Nasdaq 100 Open, second seed Venus Williams joined sister Serena in the last eight.
Former world number ones Lleyton Hewitt and Jennifer Capriati were also shown the exit door in the Nasdaq 100 Open.\n\n
Seventh-seeded Briton Tim Henman was a surprise loser, however, as he went out 7-6 2-6 7-6 to world number 64 Juergen Melzer at the Nasdaq-100 Open.
While the long-term sustainable job recovery in the US markets could be a possibility in the not so distant future, there are no such luxuries for its Indian counterpart.
The Indian tennis star has jumped up two places to 75th in the latest WTA Tour tennis rankings.
In the first case of its kind in India, Bangalore-based software company Antares Systems has filed a case for damages against C1 India, a subsidiary of Nasdaq-listed Commerce One, alleging violation of copyright and intellectual property rights.
HDFC, ONGC, Maruti Suzuki, HeroMoto Corp and Bajaj Auto gained the most on BSE Sensex
India's Mastek group, an IT services provider, said on Friday its US arm Majesco Software has formed a joint venture with Carreker Corp to offer business processing and IT services from offshore locations like India.\n\n\n\n
Even though the company's revenue figures are not public, it has so far raised $93 million in four rounds of funding.
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