Archive

Daksh first call center to be benchmarked in India

By : CIOL Bureau

Daksh e-Services Pvt. Ltd. has been certified by the Benchmarking Portal. The certification process in benchmarking includes various aspects of performance like revenue per agent, error rate in system per 1000 calls and customer satisfaction surveys.

Aithent to focus on Indian software market

By : CIOL Bureau

Gurgaon-based Aithent Technologies has announced plans to enter Indian markets. The company is working towards building a dedicated team to focus on the software market in India.

Cisco signs education MoU with Uttaranchal government

By : CIOL Bureau

Cisco systems Inc has signed a Memorandum of Understanding with the Uttaranchal Government to set up networking academies in the state.

Samsung captures 52.5% monitor market

By : CIOL Bureau

With a market share of 52.5%, Samsung Electronics India Information and
Telecommunication Ltd., has maintained its leadership position in the color
monitors market. The company has sold 219,335 units valued at approximately Rs
15 crore during Q1.

Wall St rout seen squeezing Asia tech spending-IDC

By : CIOL Bureau

According to IDC Asia Pacific chief, the continuance of the dip in the Wall Street will dampen the growth of IT market by one or two percentage. The impact will be stronger in the Asia Pacific region. The good news is that in 2003, Asian IT spending is expected to rebound with growth of 16.4 percent.

Handheld computer shipments dip

By : CIOL Bureau

Global shipments of handheld computers continued to fall in the second quarter, due to weak tech spending, stated research firm IDC. Total shipments fell 10% over corresponding period last year, while the market leader, Palm, witnessed losing 8% of its market share this quarter.

Microsoft says no plan to start expensing options

By : CIOL Bureau

Following the accounting scandals of Enron and WorldCom, Microsoft has announced that it will not list employee stock options as expenses. The co-founders of Microsoft, Steve Ballmer and Bill Gates have decided not to accept any stock options in the future.

Indian state-run banks 78 % computerised

By : CIOL Bureau

State-run banks in India are 78 percent computerised as of March 31 2002, according to the deputy chairman of the Indian Banks’ Association, V Leeladhar. NASSCOM claims, the number of fully computerised are 11,578 in the country, with the number of ATMs just under 2,000. Electronic funds transfer is also available through 8,500 public-sector bank branches in 13 cities.

Believer in the dream of BPO: Raman Roy

By : CIOL Bureau

Dreaming big and wanting to offer more to his customers, Raman Roy, quit GE Capital to form Spectramind, along with a couple of young entrepreneurs. Striking gold in BPO services and selling the venture to Wipro for Rs 407 crore, Roy asserts his commitment to the company’s employees and customers.

Wall St rout seen squeezing Asia tech spending-IDC

By : CIOL Bureau

According to IDC Asia Pacific chief, the continuance of the dip in the Wall Street will dampen the growth of IT market by one or two percentage. The impact will be stronger in the Asia Pacific region. The good news is that in 2003, Asian IT spending is expected to rebound with growth of 16.4 percent.

Handheld computer shipments dip

By : CIOL Bureau

Global shipments of handheld computers continued to fall in the second quarter, due to weak tech spending, stated research firm IDC. Total shipments fell 10% over corresponding period last year, while the market leader, Palm, witnessed losing 8% of its market share this quarter.

Microsoft says no plan to start expensing options

By : CIOL Bureau

Following the accounting scandals of Enron and WorldCom, Microsoft has announced that it will not list employee stock options as expenses. The co-founders of Microsoft, Steve Ballmer and Bill Gates have decided not to accept any stock options in the future.

Indian state-run banks 78 % computerised

By : CIOL Bureau

State-run banks in India are 78 percent computerised as of March 31 2002, according to the deputy chairman of the Indian Banks’ Association, V Leeladhar. NASSCOM claims, the number of fully computerised are 11,578 in the country, with the number of ATMs just under 2,000. Electronic funds transfer is also available through 8,500 public-sector bank branches in 13 cities.

Microsoft to boost R&D spending, hire 5,000 more

By : CIOL Bureau

Bill Gates, Chairman, Microsoft has said that the company would be increasing its level of investment for the future.
The company has boosted its spending in R&D and has plans to increase its workforce by 5000.

MRO-TEK posts 31% increase in revenue

By : CIOL Bureau

Networking company MRO-TEK Ltd. has reported a 31% increase in revenue in Q1. It has registered a revenue of Rs.16.75 Crore for the quarter ending June 30,2002.

Satyam Q1 net down 10.7%

By : CIOL Bureau

Satyam Computer Services has posted a 10.7% drop in its net profits in Q1. The company expects more business from existing clients because global companies have turned to IT outsourcing as strategic, signaling strong scope for scaling up.

Satyam pursuing sale of Sify

By : CIOL Bureau

Satyam Computer Services has reiterated its plans to divest its stake in
Satyam Infoway. It is looking at selling all or a part of its 52.5% in its loss making Internet service provider.

China is threat and opportunity

By : CIOL Bureau

After almost twenty years liberalization, China has surely emerged as a competitive Asian market. Although the country has adopted modernity to a great extent, language still remains a barrier for any outsider

Yokogawa Blue Star ties up with Australian company

By : CIOL Bureau

Yokogawa Blue Star has tied up with Unac Advanced Solutions. YBL is now looking at maximizing their investments in its engineering and consulting services.

Visesh Infosystems acquires Infotecnics for Rs 6 cr.

By : CIOL Bureau

Visesh Infosystems has acquired Infotecnics India Ltd. for Rs 6.12 Crore. Through the acquisition, Visesh would be able to broaden its client base.