Software Testing industry in India is poised to grow leaps and bounds, promising well-paid jobs to thousands of young graduates, including those without an Information Technology background. With India becoming a software development hub and the industry becoming more quality conscious, the sector has witnessed a huge growth in the last few years, according to […]
L&T Finance selects Nucleus solutions
Nucleus Software Exports Limited, a global provider of next generation software products for banking and financial sector, announced that L&T Finance Limited (LTF), a non- banking finance company and a wholly-owned subsidiary of Larsen & Toubro Limited, a technology and engineering major has selected Nucleus Software’s flagship solution FinnOne TM Customer Acquisition System, lending and […]
Motostore from Motorola in city
Motorola, a global wireless communication provider and makers of handsets, opened its first Motostore in Chennai yesterday. Sudhir Agarwal, director, Motorola inaugurated the new outlet in the presence of Pawan Kapur, CEO of Bharti Teletech. Motostore, set up on franchisee-model offers sales and services under one roof for the customers. Besides, it offers users an […]
Strategic steps pays for Royal Sundaram
Royal Sundaram Alliance Insurance Company Limited, which announced its annual results for 2006-07, registered a 168 per cent growth in Profit Before Tax for the financial year ended March 2007. This performance, based on a 30 per cent growth in revenues, results in a 16 per cent post tax return on equity during 2006/2007. The […]
Citigroup’s BPO arm on block
Citigroup is putting its captive business process outsourcing (BPO) arm on the block. The bank is said to have appointed a merchant banker in US for the proposed sale. The captive arm, which was last year renamed as Citigroup Global Services (CGS), was earlier listed on the Indian bourses as e-Serve International. In response to […]
Indian banks need to grow in size: D&B
The Indian banking industry is in for daunting times. Despite economic boom which throws a host of opportunities for the banking industry to grow ahead, the major challenge for the Indian banks is to create a size that would be effective in dealing with the global competition, said Dun & Bradstreet. (D&B) Banks in Asia, […]
eBay India Motors enhances focus on Chennai
eBay India Motors, the leading online B2B Motors marketplace, announced its plans of enhancing focus on Tamil Nadu. Acknowledging Tamil Nadu and particularly Chennai’s emerging importance as a significant eCommerce centre for B2B Motors transactions, Amit Bhartiya, Director, eBay India Motors announced the company’s plans to increase awareness of the eBay India Motors platform and […]
Anantara Pioneers Second Generation Outsourcing
The global IT services and outsourcing industry is set to undergo a significant paradigm shift with the formation of a radical and innovative company — Anantara Solutions Private Limited. This new company is a pioneer of Second Generation Outsourcing that combines business consulting services and IT services to deliver unprecedented, measurable business value. Anantara Solutions […]
Web site opened
Vice-Admiral R.P. Suthan inaugurated the web site of the Chennai Centre for China Studies here on Monday. B. Raman, Former Additional Secretary, Government of India, and member of the centre, said the web site was the first step towards making the centre known to the rest of the world. Some prominent educational institutions in other […]
SBI may float holding co to raise funds for subsidiaries
The country’s largest bank, State Bank of India is looking at floating a holding company in line with the proposal by private bank ICICI Bank, the second-largest player after SBI. This was indicated by the SBI chairman, OP Bhatt speaking to analysts on Saturday evening. Responding to a query from an analyst, SBI chief said, […]
Deutsche Bank turns to advisory service
Deutsche Bank ambassador and former cricketer Sunil Gavaskar paid a visit to the Chennai branch of the bank to interact with its customers on Friday. He was accompanied by Asha Mathen, regional head, Business Clients, Deutsche Bank. As part of the interaction, Gavaskar and Mathen met the top customers and also visited the offices of […]
Tech MNCs step up hiring pitch
The IT recruitment scene these days is buzzing with activity. The top three multinational software/BPO firms, IBM, Cognizant and Accenture possibly added more people to their Indian operations than the top three Indian IT/BPO companies TCS, Infosys and Wipro. While the net additions made by TCS, Infosys and Wipro to their headcount in 2006 were […]
