Archive

Budgets are for bores, let’s talk of golf instead

By : CIOL Bureau

Indian IT industry was never as uninterested as it is in this year’s budget. It is happy with all the sops it has so far garnered and will be happier to retain them intact. Welcome to Budget 2003.

IT, telecom figure high in Railway Budget

By : CIOL Bureau

Budget2003 has ambitious growth plans for RailTel Corporation, looks at computerization of the accounting and MIS and connectivity through OFCN.1

IBM signs $1 b deal with Axa

By : CIOL Bureau

Axa expects to save hundreds of millions of dollars in savings. IBM will help Axa consolidate its server, mainframe and storage infrastructure.

IBM cuts software, services jobs

By : CIOL Bureau

Likely to be related to its purchase of PriceWaterhouseCoopers Consulting and Rational Software.

HP bigwigs get hefty pay packets

By : CIOL Bureau

Carly Fiorina gets $10 m and Capellas pockets $26 m.

‘Effective policy implementation can strengthen Biotech industry’

By : CIOL Bureau

With the VC funds looking at growth investments, only a proper policy implementation can bring in more fund to support the biotech industry here, says Alok Gupta, assosiate director of Rabo India Finance.

Quantum launches new tape auto loader

By : CIOL Bureau

The company expects to broaden tape automation leadership with the product ATL ValueLoader DLT VS80.

Will open source outgrow MS bashing?

By : CIOL Bureau

When the likes of the US Department of Defense (DoD) has specialized programs to ‘harden’ Linux to meet DoD security standards and NASA employing the Penguin in its mission critical areas, can’t open source live a life of its own?

Govt urged to raise FDI limits

By : CIOL Bureau

In a bid to catch-up with China, a ministerial panel recommends increase in FDI caps to boost liberalization in the country.

Microsoft’s `Catch them young’ kickstarts in June

By : CIOL Bureau

100 crore is invested by the company for Indian education segment but it remains secretive about future plans.

Kannada cross-connections?

By : CIOL Bureau

“IT for the common man though Kannada” – just another slogan? The Karnataka govt claims that it has brought about some order in the chaotic world of Kannada for IT, but a spate of questions remain unanswered.

RealNetworks buys stake in Listen.com

By : CIOL Bureau

Ties up with its one-time rival; The development comes close on the heels of AOL offering a revamped MusicNet to almost 27 m Internet users.

Lycos aims at profit thru paid chat

By : CIOL Bureau

The latest turnaround plan for struggling Web media firm Lycos Europe aims to make money through paid chat.

Satyam’s business continuity center in Singapore

By : CIOL Bureau

Plans to expand its software development center, commence R&D activities on data warehousing and increase its workforce in Singapore.

Nokia’s new cricket game

By : CIOL Bureau

Develops a cricket game for mobiles using Java.

Microsoft woos China

By : CIOL Bureau

And is seeking alliances with Chinese banks and telecom players.

Boston Group, Govt. of AP tie up on e-learning

By : CIOL Bureau

The Boston Group would set up an e-learning course on Insurance on its financial portal www.financialcampusindia.com. for atleast 1000 unemployed youth.

Indian Biotech to get good VC funding

By : CIOL Bureau

The venture capital funding by the private sector to the Indian biotech industry is expected to be in the range of $100-200 million in the next 2-3 years.

Vishal Computers godown gutted in Hyd

By : CIOL Bureau

A major fire broke out in the wee hours of February 26 engulfing the Chenoy Trade Center, destroying atleast 300 Samsung monitors, laser printers, a large number of hard disks and Dot Matrix Printers.

Ramco unveils custom solutions services

By : CIOL Bureau

Its enterprise solutions focuses on areas of high return and opportunity within the customer’s application portfolio.