| Mahindra Satyam to explore New Zealand market with Gen-i | 17-NOV-09 |
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| “We have been providing Windows 7 migration services to our internal customers across all the geographies. This strategic alliance with the local partner Gen-i will allow us to explore opportunities in the New Zealand market more efficiently,” a Satyam spokesperson told Business Standard. |
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| Domestic BPO mkt to touch $6.82 bn by 2013: IDC | 13-NOV-09 |
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| After establishing itself as a major player in the international business process outsourcing (BPO) market, India is now set to shift focus on the domestic market, which is projected to grow at over 30 per cent annually. |
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| KPIT Cummins buys Sparta for Rs 180 cr | 31-OCT-09 |
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| Despite lower revenue projections this financial year, Pune-based manufacturing solutions provider KPIT Cummins Infosystems has entered into a definitive merger agreement to acquire US-based SAP specialist Sparta Consultant for Rs 180 crore. |
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| IT firms heave a sigh of relief as US recovers | 31-OCT-09 |
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| With the US economy showing a positive annual growth rate of 3.3 per cent, the Indian IT industry — which gets over 50 per cent of its revenue from the US — is heaving a sigh of relief. |
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| Aditi sharpens focus on services; to double headcount | 30-OCT-09 |
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| Aditi Technologies, an outsourced product and application development firm, is increasing its focus on intellectual property (IP)-led domain services for which it plans to double its headcount to over 2,000 people over the next 18 months. The company hopes this move will help it cross the $120 million mark in revenues during the same period. |
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| Online sports retailer to dilute 25% equity | 28-OCT-09 |
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| Playground Sports Pvt Ltd is looking at diluting upto 25 per cent equity in the Internet sports start-up to a strategic investor to fund its expansion plans and launch operations in new areas. |
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| Hexaware Q3 net profit at Rs 41cr | 28-OCT-09 |
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| Hexaware’s net profit for the third quarter ended September 30, 2009 jumped over threefold to Rs 41.3 crore from Rs 11.5 crore in the corresponding quarter last year. |
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| S&P assigns 'BBB' to Wipro on better financial health | 26-OCT-09 |
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| Global rating agency Standard & Poor's (S&P) today assigned its 'BBB' corporate credit rating to Wipro Ltd, the country's third largest software exporter, implying better financial health and cost efficiency. |
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| Mindtree Q2 net up 33.8% | 26-OCT-09 |
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| IT solutions vendor Mindtree Ltd saw net profit after tax during the second quarter ended September 30, 2009 increasing 33.8 per cent to Rs 49.88 crore, from Rs 35.13 crore in the corresponding quarter of the previous year. |
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| Asia set for dramatic changes; India 'real sleeper': Roach | 21-OCT-09 |
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| Asia is likely to witness dramatic changes over the next few years and India may be the 'real sleeper' — the one who becomes suddenly successful after being undistinguished — even as China is grabbing the centre-stage in the region, says the Morgan Stanley Asia Head. |
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| Infinite looking at acquiring two US firms to boost IP delivery skills | 21-OCT-09 |
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| To strengthen its IP-leveraged solutions business and capitalise on opportunities in the telecom sector, Infinite Computer Solutions (ICS) India Limited is looking at acquiring two US-based companies focussed on telecom-specific Intellectual Property (IP)-led solutions. Infinite is looking at acquiring companies with revenues in the $10 million-$15 million range, said Infinite chief executive officer Upinder Zutschi. |
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