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MICHIGAN: Raj Vattikuti, founder, president and chief executive officer of Covansys Corporation will preside over the opening bell at the Nasdaq...more>>
Monday, 28 February 2005, 20:30 IST
BANGALORE: MindTree Consultinghas announced the opening of the first phase of its West Campus in Bangalore. This is MindTree’s fourth development...more>>
Monday, 28 February 2005, 20:30 IST
MUMBAI: About 30 foreign institutional investors (FIIs) have registered with the Securities Exchange Board of India (SEBI) since the beginning of...more>>
Monday, 28 February 2005, 20:30 IST
NEW DELHI:Prime Minister Manmohan Singh today rated Budget 2005-06 as "outstanding". He wished the Finance Minister P Chidambaram for producing a...more>>
Monday, 28 February 2005, 20:30 IST
MUMBAI:Global credit rating agency Standard & Poor today said India's budget presented today lacked India’s keenness to reduce the burgeoning...more>>
Monday, 28 February 2005, 20:30 IST
NEW DELHI: The Information Technology sector will generate an additional seventy lakh jobs by 2009, finance minister P. Chidambaram today said....more>>
Monday, 28 February 2005, 20:30 IST
BANGALORE: Heads of various technology companies have hailed the budget presented by finance minister P. Chidambaram today. Rangu Salgame,...more>>
Monday, 28 February 2005, 20:30 IST
NEW DELHI: With an eye on creating world class institutions from India, Finance Minister P. Chidambaram today said the Government will spend Rs. 1...more>>
Monday, 28 February 2005, 20:30 IST
NEW DELHI: Presenting UPA's second Union Budget, Finance Minister P Chidambaram today said the government is committed to the greatest good for the...more>>
Monday, 28 February 2005, 20:30 IST
NEW DELHI: Providing voice and data connectivity to rural areas will be the focus of India's telecom policy, as the country aims to achieve over 20...more>>
Friday, 25 February 2005, 20:30 IST
NEW DELHI:President A.P.J. Abdul Kalam today said $150 billion was needed for improbving infrastructure and aviation in the country. "Our...more>>
Friday, 25 February 2005, 20:30 IST
BANGALORE: B.V. Jagadeesh’s NetScaler, Inc., today announced that United Airlines has selected NetScaler to accelerate the performance of secure,...more>>
Friday, 25 February 2005, 20:30 IST
NEW DELHI:India will witness strong flow of overseas capital as investors are buoyant on the impressive growth in Asia's fourth largest economy,...more>>
Friday, 25 February 2005, 20:30 IST
BANGALORE: The Desktop PC market grossed over 9.21 lakh units, a 14 percent year-on-year growth over the same quarter in the last fiscal. This is a...more>>
Friday, 25 February 2005, 20:30 IST
NEW DELHI:The economic survey that was released today said India has the potential to become the global hub in R&D in biotechnology. The...more>>
Friday, 25 February 2005, 20:30 IST
THIRUVANANTHPURAM: California based US technology Resource LLC and retailer safeway Inc. have announced a $27 million five year contract under...more>>
Friday, 25 February 2005, 20:30 IST
NEW DELHI: HCL Technologies today announced the acquisition of a call center in Armagh, Ireland. The facility was formerly Answercall Direct...more>>
Friday, 25 February 2005, 20:30 IST
MUMBAI: A high-level business team from London is in Mumbai to explore trade opportunities in IT, finance and education. Most members of the...more>>
Thursday, 24 February 2005, 20:30 IST
CHENNAI: Siemens Information Systems Ltd. And SafeScrypt, Sify subsidiary, have partnered to provide comprehensive Network Security offering for...more>>
Thursday, 24 February 2005, 20:30 IST
BANGALORE: US based IT services provider Cognizant Technology Solutions will invest $76 million this fiscal to create new infrastructure in...more>>
Thursday, 24 February 2005, 20:30 IST
NEW DELHI:India's oil production increased in the current fiscal while the gas production declined, official data released today revealed. The...more>>
Thursday, 24 February 2005, 20:30 IST
NEW DELHI: The center today permitted 100% foreign equity in construction sector, aimed at attracting foreign investment. The equity covers a range...more>>
Thursday, 24 February 2005, 20:30 IST
MUMBAI: Tata’s owned telecom major VSNL has been awarded a major stake in South African telecom operator SNO. VSNL has been given a 26 per cent...more>>
Thursday, 24 February 2005, 20:30 IST
MUMBAI:Microsoft Corporation today appointed Neelam Dhawan as India Managing Director with responsibility for leading sales and marketing...more>>
Thursday, 24 February 2005, 20:30 IST
TORRENCE, CA: Semiconductor company Primarion Inc. has appointed Deepak Savadatti as its new vice president of marketing. He will be responsible...more>>
Wednesday, 23 February 2005, 20:30 IST
NEW DELHI:India will let foreign investment in retailing only after ensuring adequate safeguard to protect existing players and unorganized shops,...more>>
Wednesday, 23 February 2005, 20:30 IST
BOCA RATON, FL:NovaVision Inc. co-founded by Navroze Mehta’s has received $12 million funds in series B round. Nova Vision develops therapeutic...more>>
Wednesday, 23 February 2005, 20:30 IST
JAIPUR: Australia’s largest steel maker BlueScope Steel will set up a steel mill in Rajasthan at a cost of $20 million. The company has decided...more>>
Wednesday, 23 February 2005, 20:30 IST
NEW DELHI: Ahead of the Budget, Standard and Poor's has warned India may not achieve the FRBM target of axing fiscal deficit and projected a lower...more>>
Wednesday, 23 February 2005, 20:30 IST
MUMBAI:Indiabulls Financial Services Ltd will raise $60 million through Global Depository Receipts from the international capital market to fund...more>>
Wednesday, 23 February 2005, 20:30 IST
SANTA CLARA, CA: Rajeev Chawla’s NeoPath has appointed Alan Baratz as the President and CEO of the company.Chawla, founding CEO of NeoPath...more>>
Wednesday, 23 February 2005, 20:30 IST
NEW DELHI:India is hopeful of attracting about $900 million investment from global telecom majors to set up manufacturing facilities in the...more>>
Wednesday, 23 February 2005, 20:30 IST
WASHINGTON: The US-India Business Council today announced the election of Charles R. (Chip) Kaye as the chairman of the Board of Directors of the...more>>
Tuesday, 22 February 2005, 20:30 IST
THIRUVANANTHPURAM: US companies are bullish about Indian tech industry and will invest more in the sector in India, US Ambassador to India David...more>>
Tuesday, 22 February 2005, 20:30 IST
SUNNYVALE, CA:K2 Optronics has announced a series C funding by Emcore. Besides both the companies have formed a partnership for developing next...more>>
Tuesday, 22 February 2005, 20:30 IST
KOLKATA: Japan has shown interest in developing a new port near the Bay of Bengal being set up by Kolkata Port Trust, Mitsui Corp and Japan...more>>
Tuesday, 22 February 2005, 20:30 IST
NEW DELHI: Gas Authority of India Limited (GAIL) will pay 242 million Honk Kong dollars for a nine percent stake in Chinese city-gas distributor...more>>
Tuesday, 22 February 2005, 20:30 IST
THIRUVANANTHPURAM: US ambassador David Mulford has asked India to allow foreign direct investment in the retail sector. "The experience of...more>>
Tuesday, 22 February 2005, 20:30 IST
BANGALORE: SAP Labs India today appointed Georg Kniese as Joint Managing Director. Based in Bangalore, Georg will oversee the research and...more>>
Tuesday, 22 February 2005, 20:30 IST
BANGALORE:HCL Infosystems today launched the Micro BTX (Balanced Technology Extended) Form Factor for desktops in India. The technology, which...more>>
Monday, 21 February 2005, 20:30 IST
BANGALORE: The Board of Directors of Patni Computer Systems Ltd., at its meeting held on Saturday has approved the proposal to issue American...more>>
Monday, 21 February 2005, 20:30 IST
BANGALORE: Agere Systems today opened its new India design center to expand the company’s semiconductor design presence in India. Agere Systems...more>>
Monday, 21 February 2005, 20:30 IST
NEW DELHI:The proposed 2,700 KM gas pipeline between India and Iran will be on the agenda of Iran foreign minister Kamal Kharazi and his Indian...more>>
Monday, 21 February 2005, 20:30 IST
NEW DELHI: Subex Systems Monday said it has received board of directors nod to raise $1.5 million through issue of Foreign Currency Convertible...more>>
Monday, 21 February 2005, 20:30 IST
NEW DELHI: Three Indian companies Essar Steel, Tata Steel and RPG will invest $ 5 billion in Iran in the steel and power sector. While Essar and...more>>
Monday, 21 February 2005, 20:30 IST
BANGALORE: Haier aims to capture a major chunk of the Indian mobile phone market, Haier India President and CEO T.K. Banerjee said. Speaking...more>>
Friday, 18 February 2005, 20:30 IST
BANGALORE: MetricStream will expand its operations in Bangalore and invest $10 million over the next three years in developing its infrastructure,...more>>
Friday, 18 February 2005, 20:30 IST
MUMBAI: Microsoft announced that it would start IT academies in Maharashtra to impart training to teachers and students, with the backing of the...more>>
Friday, 18 February 2005, 20:30 IST
NEW DELHI: EMC Corporation executive VP and CFO William J (Bill) Teuber, Jr. will be in India from February 22-25. As part of his visit, Teuber...more>>
Friday, 18 February 2005, 20:30 IST
SAN DIEGO, CA:Vativ Technologies, Inc. today said it raised $11 million in second round of venture funding and will use the funds to develop and...more>>
Friday, 18 February 2005, 20:30 IST
BANGALORE: City based Embedded telecom technology solution provider Sasken has joined Open-Plug's Configurable Phone Initiative to promote software...more>>
Friday, 18 February 2005, 20:30 IST
BANGALORE:HCL Technologies Ltd has announced the acquisition of Bangalore based Aquila Technologies by picking up the balance 43 percent, thus...more>>
Friday, 18 February 2005, 20:30 IST
NEW DELHI:India’s largest private sector telecom operator Bharti group is planning to list in the US market to access capital, expand overseas and...more>>
Friday, 18 February 2005, 20:30 IST
MUMBAI: US based Fidelity Fund Management Private Limited today said market ombudsman had permitted it to launch its mutual fund products in India....more>>
Friday, 18 February 2005, 20:30 IST
SHIMLA:A top Dutch power firm wants to invest $1 billion in the hydro-power sector in Himachal Pradesh and tap the huge hydel reserve in the...more>>
Friday, 18 February 2005, 20:30 IST
MUMBAI:The Initial Public Offering (IPO) of Jet Airways was fully subscribed within 25 minutes after opening of the bidding Friday. The bid was...more>>
Friday, 18 February 2005, 20:30 IST
NEW DELHI: Five big Italian design schools are in India to scout for talent and to send their students on exchange. The schools are signing an...more>>
Thursday, 17 February 2005, 20:30 IST
CHENNAI:Growth in India will be sustainable only when it provides more jobs to growing number of graduates, a professor of the London School of...more>>
Thursday, 17 February 2005, 20:30 IST
NEW DELHI: The Union Cabinet on Thursday deferred a decision on a proposal to allow FDI in construction sector. "The proposal has been deferred...more>>
Thursday, 17 February 2005, 20:30 IST
NEW DELHI: US communication giant Motorola today said it will launch $30 (Rs.1300) handsets in India, aimed at increasing the penetration of Mobile...more>>
Thursday, 17 February 2005, 20:30 IST
PALO ALTO:Computer security software maker Solidcore Systems, Inc. has raised an additional $20 million in venture capital. The money will be used...more>>
Thursday, 17 February 2005, 20:30 IST
MUMBAI: Patni Computer Systems Ltd., India's sixth largest IT services company will invest Rs. 100 crores towards a new 2000 seat facility in Pune....more>>
Thursday, 17 February 2005, 20:30 IST
HYDERABAD: JP Mobile, a provider of enterprise mobility software and Sony Ericsson said they would team to co-market SureWave – enabled Sony...more>>
Thursday, 17 February 2005, 20:30 IST
WESTFORD, MA: NetScout Systems Inc., a provider of enterprise-wide network and application performance management products and solutions, today...more>>
Thursday, 17 February 2005, 20:30 IST
CAMBRIDGE, MA:Cytel Software, a provider of software and services for optimized clinical trial design and analysis today said that they have...more>>
Thursday, 17 February 2005, 20:30 IST
BANGALORE: Austin, TX based National Instruments Inc., a $514 million measurement and automation major today said its Indian subsidiary would grow...more>>
Thursday, 17 February 2005, 20:30 IST
JACKSON, MS: Wireless Online, Inc., and Air2Lan, Inc. today announced that they have entered into a formal agreement to merge their businesses. The...more>>
Thursday, 17 February 2005, 20:30 IST
BANGALORE: Oracle India Private Limited announced today that IIT Roorkee has become the 42nd educational institution in India to join the Oracle...more>>
Thursday, 17 February 2005, 20:30 IST
BANGALORE:HP today announced that in its fiscal year 2004 the company surpassed $1 billion in sales of HP Integrity server-related solutions...more>>
Thursday, 17 February 2005, 20:30 IST
BHUBHANESHWAR: After several days of confusion and reports that POSCO might move to Brazil after announcing setting up plant in Orissa, the company...more>>
Wednesday, 16 February 2005, 20:30 IST
NEW DELHI:India has provided project assistance of $1.3 million to computerize the Caribbean Community's secretariat; Minister of State for...more>>
Wednesday, 16 February 2005, 20:30 IST
NEW DELHI:Europe’s largest car maker BMW wants to set up a car assembly in India to increase sales in Asia, a top official today said. BMW Chief...more>>
Wednesday, 16 February 2005, 20:30 IST
SAN FRANCISCO,CA: TriCipher, Inc., the makers of strong authentication for the real world, today announced it has secured $10.1 million in round B...more>>
Wednesday, 16 February 2005, 20:30 IST
NEW DELHI: India’s second largest bank by net worth, Punjab National Bank has decided to hit the market on March 7 for raising close to Rs 3,000...more>>
Wednesday, 16 February 2005, 20:30 IST
MUMBAI:Nasdaq listed Rediff.com has posted a net loss of $302,000 in the quarter ended December 31as against a loss of $161,000 during the same...more>>
Wednesday, 16 February 2005, 20:30 IST
NEW DELHI: IKF Software.com Ltd has announced the acquisition of US based software company NPR Solutions Inc. for $3,00,000, the company has...more>>
Wednesday, 16 February 2005, 20:30 IST
MUMBAI:India’s largest steel maker by capacity Tata Steel today announced its 100 percent acquisition of Singapore’s NatSteel’s steel business....more>>
Wednesday, 16 February 2005, 20:30 IST
MUMBAI: Patni Computers is planning an ADR issue of about $100-120 million in the second half of this year, company sources said. The company...more>>
Wednesday, 16 February 2005, 20:30 IST
NEW DELHI: Microsoft has announced one year grant of $1,08,000 each to M.S. Swaminathan Research Foundation and Datamation Foundation Charitable...more>>
Wednesday, 16 February 2005, 20:30 IST
BANGALORE: Atlanta based STI Knowledge (STI) has acquired Symphony Data, a Hyderabad based business process outsourcing (BPO) company. In a press...more>>
Wednesday, 16 February 2005, 20:30 IST
CHENNAI: San Jose based Intransa Inc., a provider of storage solutions, will double its investments in India to about $ 8 million, a senior company...more>>
Wednesday, 16 February 2005, 20:30 IST
BANGALORE:Bangalore based FCG software Services has set up a dedicated development center in Bangalore for the Nasdaq listed Witness systems to...more>>
Wednesday, 16 February 2005, 20:30 IST
BANGALORE: Acer India today announced the opening of its third Acer Mall in Bangalore. Like all Acer Malls across the country, this outlet will...more>>
Tuesday, 15 February 2005, 20:30 IST
BANGALORE: Veritas Software India today announced that Microsoft Corporation has successfully completed the Vearitas beta program for the next...more>>
Tuesday, 15 February 2005, 20:30 IST
NEW DELHI:Austrian President Heinz Fischer will arrive on Wednesday for a six-day visit, marking the first official visit to India by a head of the...more>>
Tuesday, 15 February 2005, 20:30 IST
INDIANAPOLIS,IN:The American Teleservices Association (ATA) today announced the creation of Chapters in Mumbai and Bangalore giving the ATA its...more>>
Tuesday, 15 February 2005, 20:30 IST
HYDERABAD:Intoto, a provider of integrated security, wireless and voice software platforms to networking equipment manufacturers, today announced...more>>
Tuesday, 15 February 2005, 20:30 IST
NEW DELHI:Gas Authority of India Limited today signed a memorandum of understanding (MoU) with Bangladesh based Spectra International Ltd to...more>>
Tuesday, 15 February 2005, 20:30 IST
BANGALORE:Bahwan CyberTek (BCT) today announced the launch of the next revolution in software development, a Business Process Management System...more>>
Tuesday, 15 February 2005, 20:30 IST
NEW DELHI:Despite financial stress and appreciating rupee, Indian IT industry grew by 26 percent in 2004, a consultancy said. The market...more>>
Tuesday, 15 February 2005, 20:30 IST
BANGALORE: Asia’s biggest Software company Tata Consultancy Services, Ltd. (TCS) and National Aerospace Laboratories (NAL), a civil R&D...more>>
Tuesday, 15 February 2005, 20:30 IST
BANGALORE:Caritor has won a major contract from Omax Autos Limited, a Rs. 500 crore company for implementing mySAP ERP. Caritor will provide an...more>>
Tuesday, 15 February 2005, 20:30 IST
BANGALORE: Synergy Infotech, a technology solution provider with a differentiated focus and a robust offshore delivery model, today announced the...more>>
Tuesday, 15 February 2005, 20:30 IST
BANGALORE: SSA Global, a provider of extended enterprise solutions and services, today announced that Satyam Computer Services and SSA Global have...more>>
Tuesday, 15 February 2005, 20:30 IST
MUMBAI:Burren Energy Plc, a London based oil explorer is keen on buying a 46 percent stake in Hindustan Oil Explorations Ltd. for $ 51 million....more>>
Tuesday, 15 February 2005, 20:30 IST
THIRUVANANTHAPURAM:Despite competing with a host of new private life insurance companies, the state owned Life Insurance Corporation (LIC) has done...more>>
Tuesday, 15 February 2005, 20:30 IST
NEW DELHI:The commerce and industry minister Kamal Nath has proposed opening up the mall and hotel industry for foreign direct investment in order...more>>
Tuesday, 15 February 2005, 20:30 IST
BANGALORE:Jataayu Software (P) Ltd today announced the launch of their jSync DM client, an open standards based SyncML DM client for feature...more>>
Monday, 14 February 2005, 20:30 IST
BANGALORE:Software and BPO major Mphasis BFL group today announced the acquisition of Princeton Consulting, a London-based consulting firm for...more>>
Monday, 14 February 2005, 20:30 IST
NEW DELHI: The principal booster that is setting the pace for outsourced product development is cost. The software industry is undergoing a major...more>>
Monday, 14 February 2005, 20:30 IST