Software giant Microsoft will lay off about 55 employees in India, which is one per cent of its Indian staff, as slowdown hits the sector, affecting business and profitability.

Microsoft to lay off 55 employees in India

Press Trust of India

Acer India Limited, the third largest player in the personal computers market in the country, is aiming at a turnover of about Rs 130 crore in the eastern states in 2009-10, a 30 per cent growth over Rs 100 crore achieved by the company in this region in the previous fiscal.

Acer targets Rs 130 crore turnover in Eastern region in 2009-10

Business Standard

With enquiries from enterprises and retail clients pouring in for its mobile WiMAX products and professional services in Gujarat, SOMA Networks Software Engineering Private Limited will be investing around $ 80 million (Rs 400 crore approx.) further in the state.

SOMA Networks to invest Rs 400 cr further in Guj

Intel Corp, accused by the European Union(EU) of giving computer sellers rebates to exclude a rival&rsquo;s chips, may be ordered to stop the discounts and pay a record antitrust fine of more than &curren;1 billion ($1.36 billion).

Intel may face $1.4bn fine, rebate ban in EU case

Gets reprieve from apex consumer court on scam.

Satyam in talks with Upaid for out-of court settlement

Software giant Microsoft plans to lay off 55 Indian employees, around 1 per cent of its 5,500-strong workforce in the country.

Microsoft to lay off 55 Indian employees

Wipro Ltd, India&rsquo;s third-largest software services exporter, is ramping up its China operations 10-fold by 2010, according to a top industry official. Wipro currently has operations in Chengdu and Shanghai, where it employs 305 people. The ramp-up will boost the company&rsquo;s headcount in China to over 3,000, according to Anil Bhardwaj, secretary-general, Federation of Indian Small and Medium Enterprises (FISME), who addressed reporters here today.

Wipro to ramp up Chinese operations

The CDMA operators have urged a government panel, currently working on spectrum allocation and pricing suggestions, not to propose auction of radio waves beyond the initial 4.4 Mhz.

CDMA cos against auction of radio waves beyond 4.4 Mhz

Telecom tribunal TDSAT today dismissed BSNL's all three petitions challenging the TRAI order removing the access deficit charge (ADC), which is a levy paid by private telecom firms to fund the PSU's rural and remote operations.

TDSAT dismisses BSNL plea on access deficit charge

Gurgaon-based computer technical support provider iYogi today said it has acquired Clean Machine Inc, a personal computer security and performance management service provider, for an undisclosed amount.

iYogi acquires Clean Machine Inc

Global software makers lost an estimated $2.76 billion to illegal software trade in India, a study today said.

Software piracy in India down by a notch

Chinese telecom network equipment major Huawei Technologies today said its Indian arm has received a contract worth about $400 million from mobile operator Unitech Wireless.

Huawei India bags $400 mn Unitech order

Telecom Disputes Settlement &amp; Appellate Tribunal (TDSAT) today rejected a bunch of petitions by state-run Bharat Sanchar Nigam Ltd. (BSNL) challenging removal of access deficit charge (ADC), a levy paid by private telecom operators for funding the PSU's rural and remote operations.

TDSAT dismisses BSNL&#39;s petition on ADC

NASDAQ-listed IT service provider Cognizant Technology Solutions has tied up with SAP AG for a global services partnership to deliver increased business value to customers by streamlining their engagement. Similarly, the IT service provider has signed a partnership with Temenos, a Swiss banking software company, to enhance service and delivery capabilities for Temenos.

Cognizant, SAP AG tie up

Move aimed at strengthening Sebi&rsquo;s powers to investigate market-related offences.

FinMin backs Sebi demand to access phone call transcripts

India&rsquo;s software and IT enabled services industry has had a dream run till now, capturing by 2008 a 51 per cent share of the global market for sourcing of technology and business services. But it now faces the biggest challenge of its lifetime. The world around the Indian IT-BPO industry is rapidly changing and it will have to transform itself extensively even to stay where it is.

Subir Roy: Sea change ahead of IT-BPO

To continue to hire and create jobs in line with recovery and growth of the Indian economy.

Microsoft may cut more jobs if economy worsens

Analytical software products maker Cranes Software International has entered into an agreement with broadcasting company CNN-IBN for providing statistical and quantitative analysis on polling trends for the ongoing Lok Sabha elections.

Cranes inks poll analysis deal with CNN-IBN

NASDAQ listed IT services provider Cognizant Technology Solutions&nbsp;has tied up with SAP AG on a global services partnership to deliver increased business value to customers by streamlining their engagement.

Cognizant, SAP AG ink global services pact

Tata Consultancy Services (TCS), India&rsquo;s largest software exporter, today said that it has won a five-year contract to provide IT services to Volkswagen Group UK, a unit of Volkswagen AG. The company has not disclosed the value size of the contract.

TCS wins 5-year IT deal from Volkswagen

The e-learning outsourcing business in India is likely to grow at a rate of 15 per cent annually for the next three years&nbsp; to touch $603 million by the end of 2012, a study says.

Indian e-learning outsourcing biz to touch $603 mn by 2012

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