Business Standard
Tuesday, Nov 24, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||||||||Tech World| 
 Section Home | News Now | Features & Analysis | IT/ITES | Telecom | Hardware | Columnists | Gadgets & Gizmos
Home > ICE World Live Markets | Smart Portfolios II
  Search:

Pending IT projects to pick up momentum
BS Reporter / Kolkata/ Bhubaneswar February 26, 2009, 0:58 IST

The proposed information technology (IT) projects of Wipro Technologies, Mumbai-based Raheja Corporation and the Kolkata-based Apeejay Surrendra Group in Orissa, which had suffered delay on account of the prevailing economic downturn, are expected to make headway within two to three months.

 
 
News Now
Paper
Specials
- Sensex ends up 130pts
- FII-TO-FII: Union Bank traded at 3% premium
- Bihar govt issues legal notice to RIL
- No word from Tata on Singur land compensation: govt
- Insurance sector to see 10% growth in 5-6 year: IRDA
More  

While Wipro aimed to set up a software development centre, K Raheja Corporation planned to set up a Mindspace IT Park and Apeejay Surrendra Group intended to establish a knowledge park as well as a research and a design centre.

“The proposed IT projects of Wipro, Raheja Corporation and the Apeejay Surrendra Group which had hit a delay due to the economic recession are expected to gather steam within two to three months. Wipro expected to inaugurate the first tower of its proposed development centre in Bhubaneswar by the end of this month but they are going a bit slow on this project”, a top IT official of the Orissa IT department told Business Standard.

Wipro's development centre in the city had suffered a delay of nearly four months due to the prevailing economic slowdown. The IT heavyweight, which is currently operating out of a rented facility in the city, has taken possession of about 26 acres of land in the Infocity area to set up its full-fledged centre. The company has already completed the construction of one tower, with a capacity to accommodate around 1,000 professionals.

K Raheja Corporation proposed to set up an IT park in the city over an area of 30 acres at an investment of about Rs 250 crore. This IT park would have a total built-up area of 10 lakh sq ft and it was scheduled to be commissioned within three years. The project would generate employment for nearly 20,000 people.

Mindspace IT Park was to be developed jointly with the Orissa Industrial Infrastructure Development Corporation on the public-private partnership mode. K Raheja Corporation had signed a MoU (memorandum of understanding) with the Orissa government in May 2008 and the IT park was scheduled to be commissioned within three years.

Arrow Other Stories     
- Sensex ends up 130pts
- FII-TO-FII: Union Bank traded at 3% premium
- Bihar govt issues legal notice to RIL
- No word from Tata on Singur land compensation: govt
- Insurance sector to see 10% growth in 5-6 year: IRDA
More  
  Read Business news in 
  Get financial advisory and solutions for your projects
  Holidays starting at a delightful EMI of Rs 3481
  Switch on and say hello to Monday morning !
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- Infosys BPO chief quits; to join HDFC Standard Life
- Search for Tejas engine nears its end
- Mittal plans 6 mt plant in Karnataka
- Tea with BS: Amitabh Bachchan
- Kurbaan could be Karan Johar's first flop
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should educational institutions be allowed to approach the capital market?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback