Bulls & Bears
Subex finishes currency bonds exchange deal
July 9, 2012 By V. Ganesh Subex, which makes anti-fraud software for the telecom sector, on Monday said it has successfully completed the FCCB exchange offer with bond holders. The company got the restructured foreign currency convertible bonds (FCCBs) approved by 97% of its bond holders. FCCBs are a special category of bonds issued in […]
Mediation ordered for Infosys whistleblower case
July 6, 2012 By V. Ganesh According to a report in the US media, District Court Judge Myron H. Thompson has ordered a mediation conference between Infosys and their US employee, Mr. Jack Palmer. The mediation conference is intended to give both parties the opportunity to settle out of court. An Infosys spokesperson claimed this […]
Desktop virtualisation to reduce technology overheads
June 29, 2012 By V. Ganesh Interview with Will Poole, Co-Chairman of NComputing Inc Mr. Poole outlines the India strategy and better, cost effective methods of reducing technology overheads. At a time when there is so much pressure to cut costs, do you think the concept of virtual desktop infrastructure […]
Nasscom dismisses politics as IT biz feels Uncle Sam’s wrath
June 29, 2012 By V. Ganesh According to Nasscom data, the Indian IT sector, which has grown to about $100 billion in revenues, has witnessed a slow down since Barack Obama became the U.S. president. For example, growth in FY08-09 was a mere 8.6% while in FY10-11 it was 15% and in FY11-12 it was […]
Huawei finds big opportunities in small enterprises
June 25, 2012 By V. Ganesh Huawei Enterprise expects to get about $120 million by 2015 from its new SME business arm. The enterprise-focused business arm of Chinese network equipment provider Huawei Telecommunications has rolled out a range of products such as video communications, telepresence equipment, video surveillance and gigabit switches and routers. The total […]
Tech-tonic shift in Indian IT
June 25, 2012 By V. Ganesh In May this year, an unusual event happened in the midst of Indian IT companies reporting dismal revenues which almost went unnoticed. TCS was named amongst the ‘big four’ in IT services by Brand Finance, a leading brand valuation firm. What this means is TCS, with a brand value […]
TVS plans new hybrid
June 22, 2012 By V. Ganesh Struggling with India’s seemingly inexplicable fuel inflation, two-wheeler company TVS has incorporated energy conserving technologies to increase engine and transmission efficiency. Plainly put, two-wheelers that presently get a mileage of 40 km per litre are expected to gain 20% more mileage per litre. According to company officals, technologies have […]
SAP finds opportunities in transport and logistics
June 17, 2012 By V. Ganesh SAP is stepping into the transportation and logistics sector to boost its next growth spurt in India. The company previously offered its Enterprise Resource Planning (ERP) software but companies are frequently requesting specific software modules to connect different areas of their business – both for internal use and […]
Ittiam Systems to enter WiFi and automotive sectors
June 13, 2012 By V. Ganesh Software company Ittiam Systems now plans to broaden its horizons by focusing on WiFi, automotive and broadcast communications. The Bangalore-based company, known for making software for the chipsets used in smartphones and tablets, is embracing new strategies as it seeks growth beyond its traditional intellectual property (IP) licensing model. […]
Wipro eyes potential in healthcare, retail and utilities
June 13, 2012 By V. Ganesh IT heavyweight Wipro Ltd sees healthcare, retail and utilities as major growth drivers since they are the only verticals which have seen significant growth last fiscal. The company had seven clients with more than $100 million across these sectors in FY12 compared with three in FY11. Currently, healthcare, retail, […]
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