Tech

Infosys Q1 net zooms 156%

By : CIOL Bureau

Infosys Technologies Limited’s net profit for the first quarter (Q1) of 1999-2000 zoomed by 156 percent over the corresponding quarter for the previous period. Its net profit from ordinary activities was Rs 60.61 crore for Q1 of this fiscal as

Intel to appoint `premium GIDs’ called Intel Authorized Solution Providers

By : CIOL Bureau

Intel India has launched a program to upgrade a selected number of its channel partners known as Genuine Intel Dealers (GIDs) to Intel Authorized Solution Providers (IASP). The program seeks to make GIDs better equipped to handle the needs of

Intel Q2 profit falls short of forecasts

By : CIOL Bureau

The world’s No. 1 maker of computer chips – Intel Corp reported lower than expected second quarter earnings hurt by seasonal slowness and price wars at the low-end of the PC chip market. Intel expected a strong second half of

Motorola profits, higher than expected

By : CIOL Bureau

Motorola Inc. the wireless communications and semiconductor maker reported a higher than expected second quarter operating profit of $273 million or 44 cents a share, from $6 million or 1 cent in the same quarter of the previous year. Strong

MAIT review shows Indian PC market breaking the 1 million sales barrier

By : CIOL Bureau

The Manufacturers’ Association for Information Technology (MAIT), the apex body representing IT hardware manufacturers and service providers in the country, has announced the findings of its second Annual Performance Review for the IT industry for the year 1998-99. The review

Intel, SGI join hands

By : CIOL Bureau

After claiming success in selling Intel microspocessor-based workstations, the high-performance computing company SGI plans to launch a range of Intel-based servers next month. The pricing of the new range of servers will be kept highly competitive, in line with the

CMDA launches Website

By : CIOL Bureau

Chennai Metropolitan Development Authority (CMDA) launched its website www.cmdachennai.com, designed and hosted by Maruti Computers Private Limited (www.maruticomputers.com). This facility was inaugurated by the Transport Minister, K Ponmudi. The site covers features like development, control rules, urban indicators, filling planning,

The Year Of Hope

By : CIOL Bureau

Dismal beginnings Strange but true. Back in April 1998, nobody, including the most incurable of optimists, believed that things were going to get better. First it was an 18-party coalition, headed by the Bharatiya Janata Party (who the BBC constantly

Internet: New Horizons, New Hopes

By : CIOL Bureau

While the Internet market in the country has been a late starter, “the times they’re a changing”

Tamil software -Leap Office launched by C-DAC

By : CIOL Bureau

The Centre for Development of Advanced Computing (C-DAC) has introduced an office software with Tamil spell check, e-mail facility and dictionary called Leap Office. This is an independent Tamil word-processing and Windows based Tamil interface software developed in accordance with

VeriFone, IBM complete second phase of SET interoperability testing

By : CIOL Bureau

IBM and Hewlett-Packard Company’s VeriFone division announced that they have completed the second phase in an extensive series of interoperability tests against their SET-based (Secure Electronic Transaction) payment products. The two companies are working together to facilitate implementation of the

NIIT develops e-Commerce solutions for Singapore Sports Council

By : CIOL Bureau

In line with the Singapore Government’s plans to develop the nation into an IT hub, the Singapore Sports Council (SSC) has launched iBook – a computerized sports facilities reservation system that provides one-stop, 24 hour service for inquiries, booking and

Usha Tadiran offers virtual office to corporate market

By : CIOL Bureau

Usha Informatics, a distributor for Tadiran products in India, announced the introduction of a new virtual office for the business enterprise by adding an integrated messaging functionality to the Coral communications platform. The Coral platform was developed by Tadiran Telecommunications,

BFL Q1 net dips 17.4%

By : CIOL Bureau

Bangalore-based BFL Software Limited reported a dip in net profit of 17.4 percent for the first quarter (Q1) of 1999-2000 over the corresponding quarter of the previous period. BFL said its Q1 profits stood at Rs 4.20 crore against the

Computer hardware growth dips

By : CIOL Bureau

In contrast to the boom witnessed in the software segment, the computer hardware sector has witnessed a decline in growth rate of over three per cent in 1998-99 mainly due to a dominant grey market. The apex body representing hardware

Venture Capital

By : CIOL Bureau

What does it take to get a venture capitalist interested in financing your young and rapidly growing company

DSQ Software Net Profit up 24%

By : CIOL Bureau

DSQ Software Net Profit up 24%

LG Soft India to work with Open Market on engineering activities

By : CIOL Bureau

Open Market, Inc., a leading Internet commerce software company based in Massachusetts, USA, today announced the launch of its India Engineering Center in partnership with LG Soft India. This is be Open Market’s largest engineering facility outside the United States.

Premji replaces Soota with Vivek Paul on Wipro board

By : CIOL Bureau

In a major restructuring exercise within five months, Azim H Premji, Chairman, Wipro Corporation, has brought in Vivek Paul as Vice-Chairman on the Board of Directors, effective July 26. Vivek will also be the President and the Chief Executive Officer

Yahoo! Reports Second Quarter 1999 Financial Results

By : CIOL Bureau

SANTA CLARA, Calif. July 7, 1999 – Yahoo! today reported net revenues totaling $115,239,000 for the second quarter ended June 30, 1999, a 156 percent increase over net revenues of $44,948,000 reported in the same period in 1998. Pro forma