BusinessTechnology

eBay, PayPal open development facility in Chennai

November 5th, 2007

eBay Inc. and PayPal, an online payment company, have jointly launched a new global development centre in Chennai. The facility currently houses a development staff of approximately 1,000 people and the companies plan to hire hundreds of additional technical positions over the next two years. “We’re thrilled that one of the world’s most innovative and […]


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Verizon to Expand IP Communications Services in India

November 2nd, 2007

With the purpose of awarding licenses for international as well as long distance services, India’s Department of Telecommunications has forwarded a letter of intent toVerizon Business ( News – Alert) India.  The receipt of license will give a boost to Verizon Business’ capacity to offer highly sophisticated telecommunications services to multinational companies operating both within […]


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HCL to set up 5 tech centres at Rs 1,000 cr each

November 2nd, 2007

The country’s fourth largest software exporter HCL Technologies said it will set up five technology hubs across the country which will entail an investment of Rs 1,000 crore each. Through the new initiative, the company would generate employment for nearly one lakh people in the next five to seven years. The proposed centres are expected […]


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Adobe launches new licensing programme for schools, colleges

October 21st, 2007

As part of its new initiatives in education, Adobe Systems has launched Creative Suite 3, a new licensing programme for schools and colleges that is aimed at promoting digital communication in education. The programme, a combination of software, curriculum, training and certification, aims to distribute creative and cost-effective software products at reduced prices, to enable […]


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Tata wins $1.2 billion Nielsen contract

October 19th, 2007

Tata Consultancy Services, India’s top software services exporter, said on Thursday that it had signed a contract with Nielsen worth $1.2 billion, sending its shares up nearly 2 percent. The 10-year deal to provide IT and business services to the information and media company’s worldwide operations has been arranged to protect Tata’s margins from exchange […]


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Microsoft Corp. CEO Steve Ballmer does not attack Google

October 19th, 2007

Microsoft CEO Steve Ballmer did not attack Google in a speech Thursday. He was referring to Microsoft, not Google, in making a comparison to a precocious toddler. SAN FRANCISCO (AP) — Microsoft Corp. CEO Steve Ballmer seemed to intentionally avoid uttering the “G-word” Thursday but spared no punches in blasting archrival Google Inc. (See correction […]


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Tata Consultancy Services to double staff strength in Chennai

October 19th, 2007

Country’s largest software exporter Tata Consultancy Services on Wednesday said it will double its headcount to 50,000 at its Chennai office in a couple of years. Presently, the company’s employee strength in Chennai is 24,000 which would go up to 50,000 in the next two years, TCS Chief Operating Officer N Chandrasekaran told reporters. The […]


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50 pc of top outsourcing destinations are in India

October 3rd, 2007

Leaving no doubt that India is still the global leader as far IT and outsourcing are concerned, a study jointly carried out Cyber Media’s Global Services magazine and investment advisory firm, Tholons has drawn up a list of ‘Top 50 emerging outsourcing cities’. As per the list five out of top 10 destinations are situated […]


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NIIT plans expansion in China

September 20th, 2007

IT training provider NIIT plans to set up about 85 new training centres in China in the next three years, taking the total to 250 in the country, a top company official said. “We have 165 locations in China where we provide training,” the co mpany’s CEO, Mr Vijay K Thadani told PTI here. “We […]


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BSNL mobile users pay for software chinks

September 12th, 2007

CellOne subscribers in Chennai Circle shell out local charges every time they dial 197 Some mobile calls land on the enquiry grid without jumpstarting the meter Officials suspect the problem may be embedded in the server hubs in Tiruchi and Coimbatore Apparent chinks in the billing software of the widely used ‘197’ directory enquiry service […]


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India building nuclear sub, says top scientist

September 11th, 2007

· Secret military programme nears completion · Vessels may undergo sea trials next year India has kept its efforts to build a nuclear submarine under wraps for more than 30 years, but a top Indian scientist has confirmed that the ongoing project at the Kalpakkam nuclear facility near Chennai to develop a nuclear reactor fuelled […]


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Ness Technologies Ranked Among India’s Top 20 Best Employers

September 10th, 2007

HACKENSACK, New Jersey, September 10 /PRNewswire-FirstCall/ — Ness Technologies, Inc. , a global provider of IT services and solutions, today announced that it has been ranked as one of India’s Top 20 Best IT Employers by India’s Dataquest magazine and IDC (DQ-IDC) in the 2007 annual IT Best Employers Survey. The DQ-IDC annual survey was […]