Technology major Hewlett-Packard (HP) has reported 25 per cent growth in net income at $2.32 billion for the three months period ending January 31, 2009, on the back of stronger sales of personal computer and servers.
The proposal will impact US-based companies like IBM, Hewlett Packard, Microsoft and Oracle that have overseas operations in countries like India.
Most large American companies earn more than 50 per cent of their revenue from markets outside the US and will be affected by the proposed tax reforms. Business groups in the US had assailed the proposal, arguing it would subject them to far higher taxes than their foreign competitors must pay and ultimately endanger US jobs. Global companies that earn profits in India are subject to a tax rate of 33.9 per cent and the impact of the proposed reforms on them would be marginal.
the early 1980s, multinationals set up R&D units in India to make use of the low costs and huge talent pool.
The trophy to be given to the winner of the tri-Series between Sri Lanka, India and New Zealand in Colombo is no longer just an inanimate object that will gather dust in a cricket boardroom cabinet.
The photo imaging industry is moving into clothing that has consumers' own images inserted within a hip graphic on high-performance or tailored fashion and may even include jewelled applique. Other online photo service players like Kodak Easy Share, iTasveer and Photoswift too are working on customised and cheaper gifts. And they are finding millions of buyers even in a tough economy.
A mentor doesn't have to be someone more senior than you, but that isn't the case with a sponsor.
Fresh suitors have emerged, and a cleanup is proceeding under a board appointed by the government. But the fraud leaves a cloud over Indian outsourcing.
It is a leading global manufacturer of personal computers (PCs). However, given falling PC sales, Hewlett-Packard (HP), which gets over $3 billion in sales from its India subsidiary, plans to sharpen focus on making mobiles, and not PCs, the centre of computing.
A move by Swedish telecom major Ericsson, the main implementation partner for Bharat Sanchar Nigam's (BSNL) disaster recovery (DR) program, to replace Sun Microsystems and EMC Corporation storage solutions with Hewlett-Packard (HP) products has kicked up a controversy.
When the recession ends, a new crop of billionaires will be unleashed on the world economy.
Technology major Hewlett Packard has reported a 19 per cent drop in third-quarter profit at $1.64 billion mainly on account of lower revenues from personal computer and printer segments.
Media reports in Australia say the contract has now been awarded to EDS (part of IT major Hewlett-Packard). It is also understood that Satyam's new chief executive, A S Murty, had rushed to Australia last week in a last-ditch effort to retain the contract, which accounted for about 35 per cent of Satyam's revenue from Australia.
Global information technology giant Hewlett-Packard (HP) is set to launch its special lines of products, targeting women and the youth in India.
Filling in the vacuum created by the high-profile exit of Neelam Dhawan, who quit Microsoft India to join Hewlett Packard (India) in June this year, the software giant on Friday announced the appointment of Rajan Anandan former Dell India head (Dell India VP and Country GM) as its new managing director.
Hewlett-Packard (HP) has retained its number one position in terms of market share of total PC (personal computer -- both desktops and notebooks) shipments in the first quarter of calendar year 2009, according to research firm IDC.
The 20 contenders for the title, short-listed by the BusinessWeek magazine, also included Apple Computer CEO Steve Jobs, media baron Rupert Murdoch and Google CEO Eric Schmidt.
Red Hat's Global Support Services vice-president Lain Gray said the company plans to facilitate the sharing of patients' data and history within various hospitals to promote better healthcare services. Towards this end, it has joined hands with Hewlett-Packard (HP), which runs a number of applications related to huge databases of patients and their medical history.
Having successfully completed the $13.9-billion acquisition and merger of IT consultancy EDS a few months ago, IT services giant Hewlett-Packard is now taking steps to integrate both organisations.
Mittal, who is the head of services business of Hewlett Packard for Asia Pacific and Japan, will succeed Karin Karnik and will assume office from January 2008.
Atul Malhotra, who pleaded guilty last week to stealing trade secrets from his previous employers IBM and trying to pass them on to his new employers at Hewlett Packard Company, now faces 10 years in prison, a $250,000 fine and three years of supervised sentence. The sentencing is scheduled for October 29.
Even as both Hewlett-Packard and EDS are yet to make a financial decision on whether to continue operating MphasiS as a fully-owned subsidiary in India, Deepak Patel, a key executive of MphasiS, has resigned from the company with immediate effect. Patel, who played the key role in the successful merger of MphasiS with EDS, was elevated as the MD and COO of the company in September 2006. Previously, he was VP (best shore strategic investments and businessfn development), EDS.
The awards, presented by the online community Outsourcing Centre, are given for the world's best outsourcing arrangements.
Their sights are on the subcontinent as Chinese sales begin to slow.
The Plano, Texas-based company (including MphasiS) employs more than 27,000, whereas HP India has an employee base exceeding 29,000. The acquisition was approved by the boards of the two companies. The acquisition would be a wake-up call for Indian IT services, according to analysts. In terms of market share, EDS is next to IBM with a share of 3 per cent and HP occupies the fifth position with 2.3 per cent.
The richest self-made woman in America is Diane Hendricks, the owner of ABC Supply.
With the Centre and state governments building public-private partnerships for bringing e-governance and rural connectivity, Hewlett-Packard India has identified e-governance as a focus area for its offerings in the printing and imaging series.
Sanjay Hegde, the Karnataka counsel in the Supreme Court, said that this is the maximum punishment Mittal could attract if found guilty.
The government on Wednesday granted approval to Nokia, Wipro, Hewlett Packard, Reliance, Biocon, Ranbaxy Laboratories, Mahindra and Mahindra, Reliance energy and Adani Group's to set up Special Economic zones.
The credit goes to a wholly-owned subsidiary of Tata Sons - the Computational Research Laboratories (CRL). The main people behind the super achievement are N Seetha Rama Krishna (Project Manager), Sunil Sherlekar (Head, Embedded Innovation) and Ashwin Nanda (who heads CRL) besides, of course, Ratan Tata himself and CRL Chairman S Ramadorai, who is also the CEO & MD of Tata Consultancy Services (TCS).
Hewlett-Packard sees tremendous market opportunity in India for high-end servers, especially in the government and public sectors, and the company on Wednesday launched a new entry-level NonStop server system in this country.
Indian PC players HCL, Zenith, Wipro and PCS put together managed just 14 per cent of desktop PC sales in the country and another 6 per cent of laptop sales In the first half of this year.
Infosys Technologies has been inducted into the Global Most Admired Knowledge Enterprises (MAKE) Hall of Fame.
CA Computer Associates India Pvt Ltd, which has an approval for setting up an infotech SEZ in Ranga Reddy district of Andhra Pradesh, has informed the commerce ministry that it is withdrawing its application.
By 2010, there will be shortage of half a million professionals in India.
With over 700 stations spanning across the country and mobile penetration on the rise, FM players are now reaching out to listeners via the visual radio route too.
A new column that explores how and why ideas succeed or fail. This month: the power and perils of a great backstory.
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