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.
Sterlite Optical Technologies Ltd has informed BSE that a meeting of the board will be held on January 25, 2003 to take on record the unaudited financial results for the quarter ended December 31, 2002.
Eonour Technologies Ltd decided to in crease its authorised capital Rs 30 crore divided into 15 crore shares of Rs 2 each to Rs 55 crore divided into 27.5 crore shares of Rs 2 each.
Tata Consultancy Services has been named as one of the world's top BPO providers by The International Association of Outsourcing Professionals for 2006, a release said in Mumbai.
The award has been instituted by the Palladium Group Inc, a leading global professional services firm that enables companies to better measure and manage performance using the BSC approach, Infosys said in a statement.
Infosys Technologies and BT have won the National Outsourcing Association award for Innovative Outsourcing Project. The field optimisation suite (FOS) jointly developed by BT and Infosys Technologies Ltd bagged the award for the year 2007.
Infosys Technologies Ltd allotted 179 equity shares of par value of Rs 5 to Bankers Trust Co, New York, the depository of company's ADRs
3i Infotech is planning a JV with Chinese firm Yucheng Technologies to enter into the Chinese market.
Speaking at the launch of the GNET's first model, G9000, in Kolkata, Louis Lu, managing director, GNET India, said, "We plan to start with high-end models and a small quantity in terms of sales, but by the end of the year we plan to sell roughly 100,000 pieces per month with a host of low-end models in the bracket of Rs 2,000 and below, targetted at the rural and urban masses."
In fact, while IT bellwether Infosys Technologies (his earlier employer) got a drubbing at the bourses for not posting "better than expected" results, iGate stumped investors a couple of days back by announcing it plans to buy back shares from the public and delist from the Indian stock markets, while remaining listed in the US.
Citigroup Global Markets (M) Ltd has acquired 5.67 per cent stake in the Nishar group's Hexaware Technologies Ltd.\n\n\n\n
Leading IT solution provider HCL Technologies Ltd has signed an agreement with Glenmark Pharmaceuticals Ltd for implementing its comprehensive drug labeling framework
A top infotech official has warned the Indian IT industry, already facing trouble spots such as wage inflation, high attrition rates and a strong rupee, cannot afford to sit on its laurels as global competition is on the rise.
Software services firm Sasken Communication Technologies Ltd has acquired Finland-based Botnia Hightech Oy, a leading provider of wireless research and development and testing services, for about Rs 209 crore (Rs 2.09 billion).
Infosys and other Indian companies are recruiting more locals in the U.S.
Hexaware Technologies Ltd will publish the audited results within a period of three months from the end of the last quarter of the financial year i.e. December 31.
Infosys has a long way to go as far as IT business is concerned, said Kris Gopalakrishnan, CEO Infosys Technologies Ltd.
Dismissing talks that he was running for presidency as speculation, software icon and Infosys Technologies Ltd chief mentor N R Narayana Murthy on Wednesday said one should not spend time debating hypothetical issues.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Packaging major Essel Propack Ltd has entered into a share purchase agreement for acquiring 85 per cent stake in US-based Tacpro Inc and Avalon Medical Services Pte Ltd, Singapore.\n
Mumbai-based Advanced Enzyme Technologies Ltd, the largest manufacturer of enzymes in the country, will invest Rs 115 crore to set up three biotech production facilities.
IT major Infosys Technologies Ltd on Thursday said that it would invest Rs 800 crore more during the current fiscal.
There is lot of mutual respect among the founders of Infosys. We have similar value systems. We have a long-term view of the business. We want to create a respected institution, says S Gopalakrishnan, President, Infosys.
HCL Technologies Ltd and SuperH Inc signed a pact enabling HCL Tech to become a member of the 'SuperH Design Agency' program.
Global IT solutions provider HCL Technologies Ltd has signed a five-year multi-million dollar agreement with US-based Autodesk Inc to provide offshore application and data centre services.
Global software major Oracle Corporation has completed the acquisition of PeopleSoft development centres, operated by Covansys Corporation and Hexaware Technologies Ltd, which will add over 1,000 professionals to Oracle's applications segment.
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
In yet another recognition to India Inc's growing prowess, Infosys Technologies Ltd founder N R Narayana Murthy takes over as Chairman of the prestigious Asia Business Council.
The Bombay Stock Exchange has resumed trading after three hours on Thursday.
Wage inflation will not blunt the country's competitive edge in the IT industry, according to software guru and chairman of Infosys, N R Narayana Murthy.
HCL Great Britain is ranked alongside leading ICT companies such as Tesco and Nokia.
HCL Technologies Ltd on Thursday said it has entered into an agreement with IBM, through which it has acquired license rights to establish itself as the power architecture design center outside an IBM business line.
Infosys Q4 net profit at Rs 1,124 crore on a standalone basis.
India's second largest software exporter, Infosys Technologies on Thursday announced it would set up two software development centres in China with a total investment of $65 million in the next five years.\n\n