Archive | June 2012
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Mid-size IT firms overshadow giants in client additions
June 11, 2012 By V. Ganesh Powered by focus on niche sectors along with small deals and acquisitions, mid-size IT companies have outdone their larger rivals. Industry watchers think that deals bagged by IT companies are small, short-term and outsourced to smaller players. As a case in point, iGate won 64 customers that outsourced […]
Infosys increases per client, per employee profits
June 9, 2012 By V. Ganesh Despite growth worries, Infosys increased their revenue per client and revenue per employee in FY12. The company announced a final dividend of Rs 22 a share for FY12 and also offered a special dividend of Rs 10 a share on the 10th anniversary of Infosys BPO. Earlier, Infosys […]
Zensar is on a hiring mission
June 8, 2011 By V. Ganesh Zensar plans to hire 1,200 engineers in Karnataka this fiscal due to growth in manufacturing, retail and distribution verticals. To accommodate its global client base, the company is ready to open a new 120-seater inBangalorethat will work on high-end design and services work in the areas of cloud, […]
Badve Engineering builds 2 new auto parts plants in Karnataka
June 7, 2012 By V. Ganesh Auto parts manufacturer Badve Engineering Ltd will establish two plants in Karnataka to supply components to Honda and Tata Motors. The company will soon finish construction of its Kolar plant which will supply parts such as mufflers for Honda Motors, while in Dharwad, the other plant will specialize […]
IBM introduces storage products for enterprises
June 7, 2012 By V. Ganesh IBM is introducing two new storage products that could enable Indian enterprises to benefit from the $20.3-billion global computing opportunity. The IT colossus will soon launch the IBM Storwize V 7000 and SAN Volume Controller (SVC) products, and the company is planning to add real time data compression […]
MphasiS crashes on talks of rising debts
June 7, 2012 V. Ganesh Falling HP profits coupled with delay in UID project execution finally pummeled MphasiS stocks down to their lowest in six months. MphasiS stock crashed 13 % intra-day trading on Tuesday but recovered to close at Rs 345, down 5.39 %. Earlier in the day, the stocks fell following reports that […]
Whistleblower’s lawsuit against Infosys gains momentum
June 7, 2012 By V. Ganesh Another former Infosys employee filed an affidavit on May 29, 2012 as a part of the deposition process in the lawsuit filed in February 2011 against Infosys by whistleblower, Jack “Jay” Palmer. Stephanie Teasdale was hired by Infosys in 2010 develop and manage an affirmative action and equal employment […]
Bill Gates, Azim Premji meet in Bangalore
May 31, 2012 By V. Ganesh Billionaire Bill Gates will visit Wipro Chairman, Azim Premji, on Friday to discuss their plans to increase healthcare initiatives in India. Representing the Bill and Melinda Gates Foundation, a charity organization devoted to eradicating poverty and disease in developing countries, the former CEO of Microsoft met several Union Ministers […]
SAP’s data management offering may outshine Oracle
May 29, 2011 By V. Ganesh Technology giant SAP has revealed a strategy based on its HANA platform, which can process data in real time, to compete against rival enterprise software provider Oracle’s hard-disk based database software. Pushing into the enterprises databases segment, SAP is going to market with its HANA database, Sybase mobile technologies […]
India’s healthcare needs a check-up
May 28, 2012 By V. Ganesh Dr Devi Shetty, Chairman and MD, Narayana Hruduyalaya (NH) wants to improve the dynamics of healthcare in India. He is promoting such changes in hospitals by setting up beds at the lowest cost, as quickly as possible. To make this happen, NH recently partnered with HCL Infosystems to leverage […]
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