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Microsoft to release six security updates next week

July 5th, 2007

Microsoft Corp. will release six groups of security patches next week including three critical updates for Windows and Excel users. Microsoft Corp. will release six groups of security patches next week including three critical updates for Windows and Excel users. The critical updates will fix bugs in many different versions of Microsoft’s products including the […]


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Govt approval to Rs 2,339 cr worth FDI proposals

July 4th, 2007

The government on Wednesday approved 10 foreign direct investment (FDI) proposals involving total inflow of Rs 2,339 crore, including investment banker Morgan Stanley’s plan to invest Rs 1,894 crore in the country.   The FDI proposals approved by finance minister P Chidambaram relate to sectors such as stock broking, banking, chemicals, automobiles, information technology and […]


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Six Indian tech companies on BusinessWeek’s Top-100

June 23rd, 2007

Six Indian companies figure in the 2007 Information Technology 100 list, which is BusinessWeek’s ranking of the top 100 global technology performers. Bharti Airtel, Tata Consultancy Services, Infosys, Wipro, Satyam Computer Services and HCL Technologies are those mentioned in the list. US-based, Cognizant Technology Solutions, which has most of its development centres in India, is […]




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Synaptris forays into Australian solutions market

June 22nd, 2007

Synaptris, the software products arm of CSS (Cybernet-SlashSupport) that offers flexible reporting solutions, Thursday announced its expansion plans for the Australian market. Synaptris has struck a deal with Cri-Tech Consulting, a New South Wales (Australia)-based IT services company that specialises in business process automation. Synaptris and Cri-Tech combine will target companies in the manufacturing and […]


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IBM is slated to launch operations in Madurai

June 20th, 2007

IBM India announced that it has begun operations in Bhopal, as part of its expansion plans to enter 14 new cities in the country. The Bhopal unit will cater specially to the unique requirements of the various SMB clients spread in the city and its neighboring markets. IBM’s expansion plans will enable the company to […]


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Sony Ericsson to Set Up R&D Unit for Mobile Phones in Chennai

June 20th, 2007

Sony Ericsson announced that it is establishing a research and development (R&D) unit for mobile phones in Chennai, India. The company said the move follows closely on its January announcement of sourcing local manufacture of phones in Chennai with EMS partners Flextronics and Foxconn; with a production target of 10 million units by 2009. Sony […]


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US-based Sanmina to invest Rs 225 crore in Tamil Nadu

June 20th, 2007

US-based Electronic hardware maker Sanmina-SCI Corporation today announced an investment of Rs 225 crore for setting up an electronic hardware components project at Oragadam Hi-Tech zone. The company will set up the manufacturing unit in a 100 acre area with the investment going up to Rs 315 crore. The project is likely to provide direct […]


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IBM Daksh selected for award

June 19th, 2007

For the second successive year, IBM Daksh has been adjudged the ‘2007 Contact Center Outsourcing Service Provider of the Year in Asia Pacific’ by Frost & Sullivan, a global business research and consulting firm. The company, a wholly-owned subsidiary of US-based IBM, was selected after it was evaluated and benchmarked against other leading BPO companies […]


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TCS buys out Brazilian partner for $33.4 million

May 27th, 2007

TCS on Saturday announced that it had increased stake in its Brazilian joint venture TCS do Brasil to 100% from 51%. The Grupo TBA’s 49% stake was picked up for a consideration of $33.4 million. Earlier in 2002, the company had entered the Brazilian market through a 51:49 joint venture with Grupo TBA. TCS do […]


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ETA STAR Property developers signs MoU with Tamil Nadu government

May 25th, 2007

An Information Technology Special Economic Zone and integrated township, spread over a total extent of about 350 acres, will come up in Kancheepuram district, near Chennai. The project will employ about 50,000 people. A memorandum of understanding to develop them was signed on Friday by representatives of ETA Star Property Developersand the Tamil Nadu Industrial […]