Cisco has licensed HCL the intellectual property for one of its network management products.
Networking giant Cisco Systems on Monday said it has frozen the hiring process and is adopting a wait and watch policy due to the global slowdown besides cutting costs up to $2 billion through various means. Cisco is adopting a wait and watch policy of 6-8 weeks before taking any decisions. It also plans to cuts costs up to $2 billion through measures like slashing travel costs.
The networking giant said the investment, which includes the opening new offices in Dubai and Abu Dhabi and sponsored research, will generate 650 new jobs by the end of 2010. Cisco also will spend $400 million in the area through its Cisco Systems Capital Corp, a financing subsidiary.
Fintech firm MobiKwik on Monday filed a draft red herring prospectus (DRHP) with the markets regulator, Securities and Exchange Board of India (Sebi), for its initial public offering (IPO). According to its DRHP, the company plans to raise Rs 1,900 crore, which includes a fresh issue of Rs 1,500 crore and an offer for sale of Rs 400 crore. The selling shareholders include American Express Travel, Bajaj Finance, Cisco Systems and Sequoia Capital India, besides founder Bipin Preet Singh. MobiKwik is the latest among tech majors wanting to list on stock exchanges. Food delivery start-up Zomato will launch its IPO on Wednesday.
Cisco Systems is planning to shift 20 per cent of its senior management to the company's upcoming Globalisation Centre East in Bangalore.
Cisco Systems and Indian Computer Emergency Response Team on Tuesday signed a memorandum of understanding on IT security co-operation in the country.
Cisco Systems on Wednesday announced the appointment of Pramodh Menon as vice president-channels, India and SAARC.
Cisco Systems has appointed Owen Chan as senior vice president, Asia Pacific operations. Chan will be based in Hong Kong and report to Richard Justice, Cisco's senior vice president of Worldwide Field Operations.
Internet networking company Cisco Systems on Wednesday launched India's first wireless IP phone which enables users greater mobility and access in workplaces.
Get Ahead reader Abhishek Sahasranaman tells you about five things that will help you enhance your smartphone experience
In a move to diversify its offerings, networking giant Cisco Systems Inc will acquire media software provider ExtendMedia for an undisclosed amount.
Cisco's current headcount in India is 7,000.
The list of 22 leaders was compiled in association with Harvard Kennedy School. It also includes Federal Reserve Board Chirman Ben Bernanke, Newark city Mayor Cory Booker, Cisco Systems CEO and Chairman John Chambers and playwright-activist Eve Ensler.
Network-equipment maker Cisco Systems on Friday said it remains committed to the Indian market and its plans to increase headcount to 10,000 is on track.
Infosys Technologies has been ranked as the tenth best company in terms of leadership.
The Nasdaq-listed information technology networking major Cisco Systems has appointed Rangnath Salgame as its president for operations in India and SAARC region.
Companies dissatisfied with 'intent and focus' of tech major.
"We have signed an MoU with Cisco to make an investment in GIFT and help us evolve our technology platform. The American giant is likely to invest over $2 billion in the project," a top government official of GIFT said. Cisco is also expected to pick up some stake in the project. However, the details are still being worked and it will take about three-four months to finalise the deal, the official added.
Padmasree Warrior, the India-born CTO of Cisco Systems, has made it to the Top 15 list of powerful women in corporate America, as per PINK magazine.
Cisco Systems Executive V-P and Chief Globalisation Officer Wim Elfrink said this after inaugurating a global delivery centre set up jointly by Cisco and Pune-based Zensar Technologies. Elaborating Cisco's future expansion plans in India, he added, "More than 20 per cent of Cisco's overall employee strength is based in India. The broadband penetration and networking infrastructure are very poor in this country.
HCL Technologies Ltd, India's fifth largest software services exporter, reported on Monday its quarterly profit fell from a year earlier.\n\n\n\n
If you want to make a telephone call, your PDA or PC will work just as well as your cellphone.
Patent filings suggest that the networking giant is mulling a foray into high-end wireless phones. That's not such a bad idea, say analysts
More than 70% of all corporate acquisitions fail to create value. But when done correctly, acquisitions can be valuable disruptive tools.
Cisco is a pioneer in routing and switching technologies, and continues to bank on innovative technologies to shape the future of Internet
Cisco Systems, the world's biggest maker of data networking equipment, plans to launch a business group, based in Bangalore, India, that will wire new buildings and even entirely new cities with state-of-the-art networking technology.
The initiative deepens N/Core's multi-year partnership with tech giant Cisco, which has participated in the fund along with Ford Foundation and IRB Infrastructure.
Signalling its increasing dependence on India for R&D requirements, Cisco, the global networking solutions provider, has set up a new business unit in Bangalore - the first by the company to be based outside the US.
Growth stocks are not located in the traditional well-known sectors but in new and upcoming fields
As many as 14,000 runners from across 15 countries will be lining up to take part in a nearly month-long initiative to raise funds for coaches and support staff in various sports amid the COVID-19 pandemic, the organisers said on Thursday. Championed by celebrated national badminton coach Pullela Gopichand, and Arjuna Awardees Ashwini Nachappa and Malathi Holla, 'Run to the Moon' will conclude on July 21 to coincide with the 51st anniversary of man's first landing on the moon.
In a move to make India one of its global strategic centres, US-based computer network equipment major Cisco Systems
Cisco, the global leader in networking for Internet, on Tuesday announced their strategy to tap into India's fast growing small and medium businesses in auto component manufacturing, retail, textile and garment sectors.
By 2010, there will be shortage of half a million professionals in India.
Global data networking company, Cisco Systems on Wednesday hinted at setting up its manufacturing plant in India, which will include some of its mainline products like routers and switches.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances