Archive

MTNL Q1 net tumbles 34 %

By : CIOL Bureau

MTNL has posted a 34% drop in its profits in Q1. Analysts trace the profit decline to the effects of competition in the newly deregulated Indian telecom market.

Adobe launches Photoshop Elements 2.0 in India

By : CIOL Bureau

Adobe Sytems has launched its new product Photoshop Elements 2.0 in India.
The new software introduced by Adobe would help users in enhancing their digital
images for printing, emailing or posting to the Web.

WeP in pact with Huawei, launches datacom products

By : CIOL Bureau

After entering into a strategic alliance with Huawei Technologies, Wipro
ePeripherals has launched the
datacom product range. These products are aimed
at giving a direct competition to the Cisco products.

Veritas to deliver enterprise Linux solutions on IBM servers

By : CIOL Bureau

Veritas has announced its plan to deliver integrated and tested
storage solutions on IBM’s eServer xSeries Linux platform. The company has
also announced the availability of Veritas SAN point control servers for Oracle
9i by June 2003.

Worldwide large computer shipments up slightly in Q2

By : CIOL Bureau

With the 9.9% rise in the US shipments in Q2, other shipments of large computer firms also showed signs of slight improvement.

Microsoft hails work with universities

By : CIOL Bureau

Microsoft Corporation has hailed its source code sharing initiatives with British academic institutions. Lancaster University helped Microsoft in upgrading Windows CE operating system embedded into mobile devices.

Interwoven enters India through Wipro Infotech

By : CIOL Bureau

Interwoven has announced its alliance with Wipro Infotech to provide content management solutions in the Asia Pacific region. The solutions from Interwoven manage all content including documents, web content, rich media, application code and operational data.

HP rolls out RILOE II card for ProLiant Servers

By : CIOL Bureau

HP extends its lead in remote management solutions with the new RILOE II card. The new edition of the technology includes enhanced graphical and security features and virtual media capabilities.

Fabmart hopes to be profitable next year

By : CIOL Bureau

Backed by the Reliance group, Internet retailer Fabmart has said that it expects to double sales this fiscal year and turn profitable next year. The company hopes to do total business worth Rs 200 m this year.

Cranes Q1 revenue soars in 2002

By : CIOL Bureau

Cranes Software International has posted a consolidated
turnover of Rs 838.12 lakh in Q1. The profit after tax is reported at Rs 192.45
lakh.

Pirated software up for grabs

By : CIOL Bureau

Nehru place in New Delhi is a paradise for pirated software. Where else could you get a Windows XP in a double CD for measly 70 rupees. Windows tutorials, exclusive copies of softwares, mp3s and even operating systems are up for grabs in this market. Read on to know more about the big bazaar of pirated software.

Tata Elxsi net profit up 83%, revenue dips 12%

By : CIOL Bureau

Tata Elxsi has reported net profit of Rs 2.88 Crore for Q1. The company says that it is the process of undertaking various strategic and market-focused initiatives to sustain growth.

“Storage was the sweet spot in the merger”

By : CIOL Bureau

With a new thrust and a merger-boosted product range including its reinvented OpenView, HP is warming up in this high-growth segment, say HP’s executives at its Asia-Pacific ENSA conference.

IBM to shift ad budget for new campaign

By : CIOL Bureau

IBM has announced its launch of its all new advertising campaign targeted at specific industries like auto, retail and banking.

IBM to enable Honda drivers to talk to cars

By : CIOL Bureau

Honda’s new car models will soon have voice recognition software based on
IBM’s Viavoice product. The product understands different speech accents and
has a large vocabulary.

Indian ITES companies to tap greener pastures

By : CIOL Bureau

Nasscom has said that India’s IT enabled services sector is exploring options
in higher margin industries like bioinformatics, call centres and business
process outsourcing.

Flexcel to deploy banking solution on ASP model

By : CIOL Bureau

Flexcel and HDFC have signed an agreement on an ASP-based centralized banking solution with Lord Krishna Bank Ltd. This model would enable LKB to automate all operations of the bank including corporate, retail, investment and treasury activities.

Mistral launches mobile IP stack

By : CIOL Bureau

Mistral Software has launched MistMIPv4, a mobile IP stack offering the best
solution for high performance networking requirements. The new mobile IP
protocol addresses the problem of keeping network connectivity alive even when
the end node roams or switches to another network.

Nasscom draws agenda for BFSI sector

By : CIOL Bureau

Nasscom has called for an increased IT adoption in the Banking, Financial Services and Insurance sector. According to Nasscom, to be successful in today’s competitive environment, it is imperative for organizations in the financial services sector to embrace IT and redefine relationships with customers, partners and suppliers.

24/7 Customer.com to start operations from Kochi

By : CIOL Bureau

24/7 Customer.com has signed an MoU with the Government of Kerala to start operations in Kochi. The new contact center is expected to be operational by the end of the year.