Polaris Software Lab Ltd has agreed to an out-of court settlement of $6,00,000 (about Rs 2.4 crore) with US-based Data Inc. According to information provided by Polaris to the stock exchange, “the said case was there in a US Court for trial on November 26, 2007. On the said day, the plaintiffs agreed to withdraw [...]

Cybernet- SlashSupport (CSS), a technology operations management (TOM) company, has entered into a strategic tie-up with Bergler ICT, a Netherlands-based IT solutions company, to provide infrastructure management services (IMS) to Bergler’s customers in Europe. Initially, the tie-up is for a three-year period. The tie-up will see CSS employ an additional 200-300 people to serve the [...]