Archive

Taiwan’s high-tech production comes back online

By : CIOL Bureau

While most of Taiwan’s semiconductors and other key electronics producers report their production has resumed one week after a 7.8 earthquake hit the island, aftershocks of the tremor are starting to be felt throughout the electronic toy and personal computer

75% e-business ventures will fail their objectives: GartnerGroup

By : CIOL Bureau

BANGALORE: GartnerGroup has predicted that up to 75 per cent of e-business projects will fail their objectives due to fundamental flaws in project planning. The research agency has said in a release that its analysts have highlighted the pitfalls facing

Avtar Saini appointed joint chief of Intel South Asia

By : CIOL Bureau

BANGLORE: Intel has announced that Avtar Saini would join Atul Vijaykar to lead its South Asia operations. The two of them will jointly manage the activities for the next few quarters. Atul Vijaykar will relocate back to the US by

Union Govt. plans JV with IUNet

By : CIOL Bureau

BANGALORE: The Union Government will shortly enter into a joint venture with IUNet of the US for executing a high-speed data transmission network in the country at a cost of Rs 800 crores. The Department of Telecommunications (DoT), along with

VSNL, MTNL join hands to deliver telecom solutions globally

By : CIOL Bureau

BANGALORE: Videsh Sanchar Nigam (VSNL) and Mahanagar Telephone Nigam (MTNL) would jointly explore business opportunities globally, VSNL chairman and managing director S.K. Gupta said at the company’s 13th annual general meeting. As per the memorandum of understanding (MoU), the two

Some Xeon chips have bugs

By : CIOL Bureau

Intel announced that two low-end versions of its new Pentium III Xeon processor for computer server systems contain a bug. The chips involved are the 550MHz Xeon with 512 kilobytes of cache memory and another 55MHz chip with a megabyte

Yahoo unlikely to accept takeover: CEO

By : CIOL Bureau

Yahoo Inc. is unlikely to accept a takeover offer anytime soon, but will continue to partner with other major businesses, chief executive officer Timothy Koogle said. “We intend to remain independent and partner broadly in a business context with a

Toshiba, IBM to increase flat panel display production

By : CIOL Bureau

Toshiba and IBM has announced they are boosting the output of LCD display screens at their display technology joint venture by 50 per cent starting April 2000 after its plants have been retooled at a cost of $100 million to

SAS launches its

By : CIOL Bureau

BANGALORE: SAS Institute has announced the launch of its “Beyond ERP” initiative in India. The company has developed a series of tools to enable organizations to leverage their ERP applications. SAS country manager Gourish Hosangady said, “ERP applications such as

Reliance to foray in IT

By : CIOL Bureau

BANGALORE: The Reliance group has announced that it would enter into software development and information technology. The company has put together an infotech strategy, which includes acquisitions, venture capital and software development. Reliance has been looking for opportunities to acquire

Insignia’s Jeode platform selected by Quantum

By : CIOL Bureau

BANGALORE: Quantum Corporation and Insignia Solutions jointly announced that Quantum will license Insignia’s Jeode Embedded Java-compatible software technology for future development of embedded intelligence in storage devices and systems. Under the terms of the agreement between the companies, Quantum will

Online business booms at America.com

By : CIOL Bureau

Online retail sales in the United States are expected to grow to $20.2 billion this year, according to market researchers at Forrester Research. As many as 70 percent of Internet users are planning to do some or all of their

MTNL declares 30% dividend

By : CIOL Bureau

BANGALORE: Mahanagar Telephone Nigam Ltd. (MTNL) has declared 30 per cent dividend on a paid-up share capital of Rs 630 crore for the year ended 1998-99. The company registered Rs 1,297 crore as profit after tax during 1998-99, which is

Microsoft to spend $3.8 b. on R&D

By : CIOL Bureau

Microsoft already spends more on research and development than the rest of the windows software industry combined. Now the company announced it is boosting R&D investments by a whopping 28 per cent to $3.8 billion, up from $2.97 billion during

Intel and NEC in major Internet pact

By : CIOL Bureau

Intel Corp. and NEC this week have signed a major pact to jointly provide Internet services. In the late 1980s, Intel and Japan’s NEC were embroiled in one of the most bitter court battles with Intel accusing NEC of illegally

TiE Bangalore chapter to open

By : CIOL Bureau

BANGALORE: The first Indian chapter of The IndUS Entrepreneurs (TiE) has been informally started in Bangalore. TiE chapters in India will aim to replicate the success of the original model in the US, which has inspired and nurtured many a

IBS, Atraxis to set up a joint venture

By : CIOL Bureau

BANGALORE : The International Business Services (IBS) group, specializing in software services to the global air transportation industry, and the Zurich-based Atraxis AG have signed an agreement to set up a joint venture for taking up offshore software development services.

IBM and Dell in another $6 b. deal

By : CIOL Bureau

IBM won another multi-billion service contract from Dell Computer, which will pay IBM $6 billion over the next seven years to service high-end PC and server systems and networks Dell sells to customers in the United States and elsewhere. Dell

Polaris Software gets listed on BSE

By : CIOL Bureau

BANGALORE: Polaris Software Ltd. was listed on the Bombay Stock Exchange at a premium of Rs 378 per cent to its issue price of Rs 210. The company’s shares opened at Rs 588 and after having traded between Rs 560

IBM’S Java chief to head Sun’s software operations

By : CIOL Bureau

Patricia Sueltz, the former head of IBM’s Java software business was appointed this week as the new president of Sun Microsystems’ software group which includes the Java and Solaris operating systems. Sueltz is taking over from long-time Sun executive Alan