Wipro, the country&rsquo;s third-largest information technology (IT) services company, is planning to give a pay rise to employees at its IT services division, with effect from October. The rise, if it materialises, will be the second in this calendar year by the Bangalore-based company.

Wipro plans second pay rise in October

Business Standard

Hewlett-Packard Co&rsquo;s Mark Hurd surprised the board by settling a sexual-harassment claim before directors could learn more about the incident, a final breach of trust that contributed to his ouster as chief executive officer.

HP board said to turn against Hurd after settlement

The government is understood to have approved a proposal from Bangalore-based Wipro to enter the defence sector.

Govt gives nod for Wipro to enter defence sector

Press Trust of India

Now that US President Barrack Obama has signed into law the new provisions virtually doubling the visa fee for temporary skilled workers, the Indian software industry has to devise a strategy to deal with the impact. It is, however, necessary to first figure out what exactly this impact would be. Estimates that annual expenses of Indian companies could rise by around $250 million are now being contested by informed analysts. Even if the final impact is nowhere near this level, India&rsquo;s software industry must begin to look for domestic market opportunities which may have got neglected because of the low-hanging fruit waiting to be picked in foreign markets. The US has traditionally offered both high volumes and margins. Fortunately for the industry, the US setback comes at a time when the domestic market is picking up sharply.

IT's fightback strategy

India is the world&rsquo;s second-largest market after Brazil for online search giant Google&rsquo;s social networking site, Orkut. India is also one of only two markets where Orkut is ahead of Facebook, which recently declared its 500 millionth member worldwide. Orkut has a fifth of that, globally.

Orkut guards India fort against Facebook

Mahindra Satyam&rsquo;s legal liabilities, excluding class action suits in the US, have dropped to near zero with the Supreme Court of the State of New York on Monday asking UK mobile solutions company Upaid to bear the tax burden while settling its dispute with the Indian IT outsourcing company.

Mah Satyam wins tax case against Upaid

Pine Mobiles, a Singapore-based mobile handset manufacturer, is planning to invest Rs 500 crore in India in a phased manner as part of its expansion plan here.

Pine Mobiles to invest Rs 500 cr

With the state-owned BSNL having launched its 3G services in Gujarat, leading value added services (VAS) provider One97 Communications Limited is conducting a pilot test for video portal VAS in the state. Once implemented the service will provide subscribers in Gujarat an opportunity to view and download videos from the latter&rsquo;s portal.

One97 pilots video portal for BSNL 3G services in Gujarat

Product lifecycle management (PLM), engineering and GIS services provider TechniGraphics India has set up an offshore development centre (ODC) for Sweden-based Seco Tools in Pune.

TechniGraphics sets up ODC for Seco Tools

Mounting protectionism in the United States has left many small and medium enterprises (SMEs) in the information technology (IT) industry in a quandary. For them, this means their profit margin would shrink further.

US protectionism measures make SMEs in IT sector jittery

The western New York man suing over claims he owns 84 per cent of Facebook Inc has a copy of a $3,000 cashier&rsquo;s cheque that may support his contract claim against the company and Chief Executive Officer Mark Zuckerberg.

Facebook claim may be bolstered by $3,000 cheque

An increasing number of people are going online for finance-related content, with 19.7 million Internet users in the country logging on to business websites in June, says a survey.

Nearly 20 mn Indians visited biz websites in June: comScore

Computer maker Dell has overtaken global rival HP for the first time in the Indian market, with a 15.2 per cent share, according to research firm IDC.

Dell pips HP to become numero uno in India

With the shift of industrial activities to smaller towns creating major job opportunities in these areas, Esource India has launched the country&rsquo;s first private employment exchange today for the youth from smaller towns and cities in Gujarat.

Esource launches online employment exchange for small towns in Gujarat

Sony Ericsson, has unveiled its six newphones, including smartphones, GreenHeart and affordable walkman phones in Gujarat today.

Sony Ericsson unveils new handsets in Gujarat

It&rsquo;s one tender that could usher in an era of partnership between domestic and global IT service providers, who compete fiercely for deals in India and abroad. At stake is a Unique Identification Authority of India (UIDAI) project that, according to insiders, is estimated to be in excess of Rs 1,000 crore.

ID tender to make partners of IT rivals

Dell has pipped Hewlett-Packard (HP) as the number one seller of personal computers (PCs) in India for the first time.

Dell beats HP to become top PC seller in India

World-renowned economist Amartya Sen is a recent victim of identity theft but he certainly is not the last. Billionaire industrialist Mukesh Ambani had a profiler using a fake Twitter handle @MukeshAmbani, which was recently suspended.

Social networking sees rise in identity theft

IT firm NE Technologies (India) is set to open a hi-end telecommunications optical network equipment development and testing facility in the city.

NE Technologies to open R&D unit in AP

The promoters of Bangalore-based Kavveri Telecom are increasing their stake to 39 per cent from the present holding of about 15 per cent through an open offer post preferential allotment of shares. The promoters will fork out Rs 45.2 crore on buying 4 million shares at Rs 113 per share.

Promoters to up stake in Kavveri Telecom

NE Technologies Inc, an Atlanta-based provider of software solutions required in the operation of service provider networks, is planning to make an incremental investment of Rs 50 crore in its new Hyderabad facility in the next two years.

NE Tech to invest Rs 50 cr in Hyd centre

Tech News: Latest Techn news & updates on Smart Watches, Gaming Console, iOS updates with launch date and price straight from Business Standard.com.

Page 2039 - Tech News