Hexaware Technologies is looking to buy an IT company in Europe or USA for $20 million to $40 million, a top executive said. The company has cash balance of over $70 million. Mr Atul Nishar, Executive Chairman Hexaware told in Chennai that the company was looking – for an IT firm in ERP (enterprise resource […]
HCL Technologies, SMITHS opens development center in Chennai, India
HCL Technologies has said that SMITHS Aerospace, a part of the global technology business Smiths Group, on Feb. 27, 2007 has opened a development center in Chennai, India with the company. The development center is the result of an agreement between Smiths Aerospace and the company that was signed on Dec. 20, 2006. Under the […]
IT major Cognizant to ring NASDAQ Bell on March 5
IT major Cognizant Technology Solutions Corporation will add yet another feather to its crowded cap by ringing the NASDAQ opening bell from its Chennai complex on March 5 at 9:30 a.m. (Eastern Standard Time). In a press statement, Cognizant and NASDAQ said they would co-host two celebrations – one in Chennai at Cognizant’s techno-complex and […]
Teledata Informatics to set up Rs 3,750 mn chip factory in S India
Chennai-based technology solutions provider, Teledata Informatics has plans to set up an integrated circuit known as chip-manufacturing facility in southern India, reports Hindustan Times. At present, the Rs 12,520 million company has four computer manufacturing facilities in US, Dubai, Singapore and Delhi with a total capacity of two million notebooks and personal computers. K. Padmanabhan,MD […]
Intel Names R. Ravichandran as South Asia Sales Director
Intel has named R. Ravichandran as South Asia Sales Director. In this role, Ravichandran will be responsible for the overall consolidation of all sales activities in South Asia across channels and OEMs. He will be based in Chennai. Ravichandran has been with Intel for more than 13 years. He is now moving back to Intel […]
IT Parks at Major Cities in Tamil Nadu
As a Major developments IT parks will comeup in Cities like Coimbatore, Trichy, Salem and Madurai. To start with the CM laid foundation for the IT park which will be up and ready by Dec’08. Information Technology (IT) companies have booked about two lakh square feet for occupation at the Tidel Park here. The park […]
Automeet 2007
The Department of Automobile Engineering of the Madras Institute of Technology, Anna University (Chrompet campus), is conducting a national-level technical symposium titled `Automeet 2007′ on March 1. As part of the event, a vintage car rally has been organised from Guindy to Chrompet. An `Auto Expo’, traffic rules awareness programme, `wear a helmet’ campaign and […]
India leads in fast breeder reactor technology
India’s rapid emergence as world leader in fast breeder reactor technology is necessitating multi-disciplinary research into newer areas, Baldev Raj, Director, Indira Gandhi Centre for Atomic Research (IGCAR) in Kalpakkam, said on Saturday. Shortly after the IGCAR and the Jeppiaar Engineering College signed a Memorandum of Understanding (MoU) to facilitate student researchers to utilise IGCAR […]
How the Internet to go wireless with WiMax?
This article explains the answer for that question. Imagine chatting on the net on a train journey between Ahmedabad and Mumbai or checking emails at the back of your car while reaching office without an expensive blackberry or slow connectivity of a local internet service provider. Yes, the constant transition in the technology has reached the […]
WiMAX Steps Forward in India
C-Dot Alcatel-Lucent Research Centre (CARC), in Chennai, has successfully completed the country’s first live WiMAX IEEE 802.16e-2005 (also called Rev-e) field trial using Aircel’s licensed spectrum. The technology is now ready for commercial deployment. An Alcatel-Lucent statement said the trials were conducted using the 2.5GHz band and successfully demonstrated applications in moving conditions such as […]
FrameFlow in Sony’s Imageworks fold
Sony Corp.’s Sony Pictures Imageworks has acquired a 50.1% equity stake in Indian visual effects and animation studio FrameFlow based in Chennai, South India. The company will now be called Imageworks India. Some reports indicate that SPI acquired the stake for $5 million, but Sony officials declined comment on the sum involved. Founded in 2003 […]
Four youths design India’s first water jacket
NIF ignites students’ minds to help save dignity of rural woman carrying water on head  A Bunch of young innovators has developed a unique device that promises to bring hope especially to women living in far-flung areas who regularly trudge long distances across undulating terrains to fetch water. Four engineering students, have designed a […]
