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Compiled By Christo Jacob
Thursday, November 29, 2007
IBM expands its India Research Lab
Addressing growing opportunities for service innovation in the region, IBM’s India Research Laboratory (IBM IRL), announced the expansion of its Bangalore facility. The company said that the Bangalore center of IRL has moved to a larger facility at its Embassy Golf Links Campus.

According to Daniel Dias, Director, IBM India Research Laboratory aims to connect its researchers with the most difficult, real world problems facing the services industry in the areas of business intelligence, systems management, and optimization.

Services, which account for a large portion of IBM’s business has increased its importance. This led IBM IRL to increase its focus on developing techniques and methods in service science and their applications to the service delivery business of IBM India.

Firefox 2 security update is coming
Mozilla Firefox 2 is getting a security makeover, by a performance and stability update to the free browser. The new update to the browser fixes 300 memory leaks, and is based on the Gecko 1.8 web rendering engine. The most interesting changes to Firefox 3 are the numerous small modifications and a big one that make Web browsing faster and easier. One of the key differentiators is a new tool that makes easier to find pages that the user has visited before. Firefox Places combines the bookmarks and history into a single package.

Reported back in February, the latest version addressed a redirection bug related to .jar and .zip files. The Mozilla Security Blog notes that this flaw has been demonstrated to work against Gmail as a way to access the victim’s stored contacts.

The Mozilla Quality Assurance Community has now called for volunteers to help test Release Candidate Builds of Firefox 2.0.0.10, which is expects to be released early December.

Tech Mahindra to invest Rs.1000 Cr in 3 centers
Mumbai-based IT services vendor Tech Mahindra will invest Rs.1000 crore to set up three development centers in Chandigarh, Jaipur, and Noida. The company will invest Rs.200 crore in a software development center in Chandigarh, to be developed in two phases, and Rs.800 crore in the other two centers.

The Chandigarh campus will seat 2,500 professionals in the first phase, and 5,000 when fully completed.

The integrated campus at the Rajiv Gandhi Technology Park will be built on 15 acres of land and will offer video conferencing facilities, training centers, food courts, an amphitheatre, recreation facilities, a swimming pool, a gymnasium, and a sports complex for employees.

World’s no.1 guru is an Indian
C K Prahalad, Professor at the University of Michigan’s Stephen M Ross School of Business, has been crowned the greatest management thinker alive by ‘Thinkers 50’, an annual ranking of the top 50 management thought leaders in the world.

In this year’s Thinkers 50 released in London, Prahalad, who was at the third position last year, has trumped the likes of former U.S. Federal Reserve chairman Alan Greenspan, strategy guru Michael Porter and Microsoft founder Bill Gates to emerge to the top position.

There are three other Indians in the top 50 list: CEO coach Ram Charan at number 22, innovation guru Vijay Govindarajan of the Tuck Business School at number 23, and Harvard’s Rakesh Khurana at number 45.

Satyam plans Rs. 800 Cr investment in Tamil Nadu
The Hyderabad based Satyam Computer Services will invest around Rs 800 crore for developing infrastructure in Tamil Nadu. “The infrastructure includes a new campus in Chennai and Madurai,” said Subu D. Subramanian, Director and Senior Vice-President, Satyam Computers.

Satyam will build its Chennai campus in 50 acres of land at Elcot special economic zone (SEZ) in Sholinganallur on the Rajiv Gandhi Road. It will accommodate around 10,000 employees, and the first phase of the campus will be ready by June 2008. In Madurai, the Tamil Nadu State Government has allotted 50 acres of land, and the facility will employ around 3,500 employees within three years. The company has also plans to double its employee strength in Chennai to around 20,000 from the present 8,000 in the next three years. Next to Hyderabad, Satyam has its second biggest center in Chennai.

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