Archive

IDC to lower 2000 US PC sales forecast

By : CIOL Bureau

IDC has attributed the slowdown in PC sales to the lack of
incentive that could force consumers to upgrade their PCs. Recent announcements
by Gateway and HP have also pointed towards a broader slump in the US market.

Hughes bounces off low, to attract value buying

By : CIOL Bureau

The Hughes Software stock took a tumble on Friday to hover near its
year low. Analysts say the shares could plunge to as low as Rs 820 before
staging a recovery. The slide, however, has made the stock all the more
attractive to investors.

HP reaffirms forecast, but PC sales hit a speed-breaker

By : CIOL Bureau

Hewlett-Packard has said it will stand by its revenue growth
projections of 15-17% for fiscal 2001, but admitted that its sales of PCs in the
US were considerably slower, less than its single-digit growth projection.

Dotcoms top list for November CEO departures

By : CIOL Bureau

In November, dotcoms saw as many as 26 CEOs leaving in search of better pastures. This is expected to seriously affect the year-end strategizing of dotcoms as their
focus would shift from finalizing a business plan to finding a new CEO.

Satyam plans 500 Internet cafés by March

By : CIOL Bureau

The first private Internet service provider, Satyam Infoway now
plans to enhance its reach by increasing the number of its cyber cafés from 120
to around 500 to 600 by next March.

Transmeta confirms recall of Crusoe chips

By : CIOL Bureau

Flawed Crusoe processors force NEC Corp to recall some 300 notebook
computers from the market. Reports of a flaw in the power-saving chip has also
forced Sony, which uses the chip in its notebook PC, to begin investigations.

Satyam, Ariba in B2B alliance

By : CIOL Bureau

Satyam Computer Services will function as an Ariba Certified System
Integrator building solutions around Ariba’s B2B platform that facilitates
trading over the Internet.

NSE, DotEx launch online broking platform

By : CIOL Bureau

The newly launched Internet trading service DotEx Plaza will offer
a common platform for brokers, banks and investment consultants. The service has
already found 30 takers.

LexSite, RoltaNet in strategic tie-up

By : CIOL Bureau

The tie-up will give RoltaNet.com’s subscribers access to the
legal content on LexSite.com, which includes comprehensive statutory content on
legislation and commentaries, editorials and columns by legal experts.

Infosys shares fall on fund sale talk

By : CIOL Bureau

Infosys shares were hammered on Wednesday on rumors that a foreign
fund was about to make a huge sale of the stock. Analysts say that pressure on
the market heavyweight could have a cascading effect on techs in general.

India targets 200,000 IT professionals a year

By : CIOL Bureau

The US government’s decision to increase the global quota of work
permit visas could trigger a manpower crunch back home. The government plans to
counter this by increasing the annual output of IT professionals.

Tech Pacific to distribute RS/6000 in India

By : CIOL Bureau

Tech Pacific, which has become the first authorized distributor for
the RS/6000 UNIX server and the eServer P series, will offer technical, pre- and
after-sales support to the channel partners of RS/6000.

Is a PC "price war" brewing?

By : CIOL Bureau

The fourth largest PC maker for the US market, Gateway says that
there will be an aggressive PC price war in the first quarter of next year, as
PC makers make an attempt to reduce inventory.

Enterasys sets up backbone for Satyam data center

By : CIOL Bureau

The network backbone will cater to mission critical needs like
faster data delivery with high redundancy, enabling Satyam’s data center to
offer value-added services like server co-location and co-hosting.

Betting on e-Business

By : CIOL Bureau

While retail players like Amazon.com* and eBay* garner press accolades, entire industries are shifting their business dealings to the Internet. Supply-chain management, enterprise resource planning, and other enterprise automation packages are speeding the shift to the digital economy. …More

Wipro Net awaits KPN move on joint venture

By : CIOL Bureau

Internet services company Wipro Net could be facing a change in
ownership if its joint venture partner Dutch KPN Telecom decides that Asia is
not such a hot market after all. For Wipro Net, it could well mean a drastic
reduction in investments.

Satyam down, firm lacks strategy: Analysts

By : CIOL Bureau

At around Rs 347, the Satyam stock is an attractive buy. But,
investors continue to stay away from the stock, thanks to the popular perception
that the software firm suffers from an overall lack of direction.

Are our software products world class?

By : CIOL Bureau

India has the highest number of SEI-CMM Level 5 certified
companies. But, while such certifications define quality processes, there is no
such mechanism to ensure the quality of end products, which would ultimately
bring in the greenbacks.

ITPL stage 2 flagged off

By : CIOL Bureau

The Rs 160-crore second phase which will offer both multi-tenant
and build-to-suit facilities is expected to see a significant increase in the
number and types of businesses taking up space in the International Technology
Park.

IBM appoints chief privacy officer

By : CIOL Bureau

Amid growing privacy concerns about online security, IBM has
appointed its first chief privacy officer who will coordinate the development of
IBM’s technology and services offerings for privacy. Would the move send the
right signals to consumers?