UK-based Logicserve Group, on Tuesday announced the launch of its online comparison website CompareRaja.com. CompareRaja will allow online shoppers to evaluate the best online prices and other information for a variety of category. To start with the company has launched its website for six categories in the electronic segment. This includes, mobile phones, camera, tablets, camcorders, books and perfumes.

Logicserve launches compareraja.com 

Business Standard

The June quarter results for Wipro, the country&rsquo;s third- largest information technology (IT) services exporter, disappointed the market and showed a demand environment still under pressure.

Wipro numbers leave market glum

The result of Wipro&rsquo;s information technology (IT) services for the quarter ended June failed to enthuse markets, yet again. The company&rsquo;s dollar-term guidance was also flat, which the company attributed to concern in the domestic market. T K Kurien, chief executive of Wipro&rsquo;s IT services business, in an interview with Bibhu Ranjan Mishra and Pradeesh Chandran, says it may take a couple of quarters for the company to return to a path of strong growth.

Couple of large deal wins will change the game: T K Kurien

The Wipro stock ended three per cent lower on Tuesday, in reaction to its results and a muted guidance. Like Infosys, Wipro missed its guidance, though marginally. Against a guidance of $1,520-1,550 million (Rs 8,512-8,680 crore; assuming Rs /$ value of 56), Wipro posted sales of $1,515 million (Rs 8,484 crore) for the quarter ended June 2012. Net profit increased to Rs 1,580 crore, from Rs 1,490 crore in June 2011, against market expectations of Rs 1,595 crore.

Muted outlook at Wipro

HCL Technologies today posted 67.3% jump in net profit at Rs 854.1 crore for the fourth quarter ended June 30, on the back of strong order pipeline.

HCL Tech Q4 net up 67% at Rs 854 cr

Press Trust of India

The mediation process between Infosys and its American employee Jack Palmer in the visa fraud case has fallen through after the two parties failed to reach a settlement.

Infy visa case moves for trial as mediation fails

HCL Technologies, India&rsquo;s fourth-largest software exporter, beat analysts&rsquo; expectations with an all-round performance in the quarter ended June. Vice-chairman and chief executive Vineet Nayar, in an interview with Piyali Mandal, talks about how the company would consolidate its position in the coming quarters.

Anant resisted grooming from the first day: Vineet Nayar

HCL, the country&rsquo;s fourth-largest information technology services company, has continued its strong financial performance, beating the expectations on all parameters in the just-ended financial quarter.

HCL beats slowdown blues

International Institute of Information Technology, Hyderabad (IIIT-H), is planning to launch VRGeo mobile application by August.

IIIT-H to launch mobile app by August 

Pune based mid-sized IT services and solutions firm Zensar Technologies, part of the RPG Group,has posted double increase in the net profit&nbsp;at Rs 54.56 crore for the first quarter FY12 ended June 30, 2012, up by 101.5 cent from Rs 27.07crore in the&nbsp;corresponding quarter last financial year.

Zensar's net up 101%

Vineet Nayar, vice-chairman and chief executive of HCL Technologies, on Wednesday summed up the story of India&rsquo;s top four information technology services firms in the words &ldquo;challenges can be converted to opportunities&rdquo;. This seems true for Tata Consultancy Services (TCS) and HCL Technologies, which, despite the challenging macro environment, recorded robust earnings for the quarter ended June.

Indian IT's big four: A study in contrasts

Hacking experts on Wednesday demonstrated ways to attack Android smartphones using methods they said work on virtually all such devices in use today, despite recent efforts by search engine giant Google  to boost protection.

Hacking experts find new ways to attack Android phones

Reuters 

Children in traditional Tamil homes are usually fed liberal doses of epics such as Ramayana by their parents and grandparents. Shravan Kumaran, 12, and his brother, Sanjay Kumaran, 10, were no different; except that they also heard from their father, Kumaran, an IT professional, the amazing stories of Steve Jobs, Bill Gates and N R Narayana Murthy. Their interest was aroused. One thing led to another and the two, not yet teenagers, developed apps for mobile phones and started a business venture called Go Dimensions. Shravan, the elder of the two, is president of the company, while Sanjay is CEO.

The whiz kids

Infosys Ltd, India&rsquo;s second-largest information technology services company, may not hire freshers from engineering colleges this year, according to a report by US banking giant Morgan Stanley.

Morgan Stanley says Infosys may skip campus hiring this yr

Facebook Inc has lost about $34 billion in market value since its May initial public offering, as the operator of the world&rsquo;s largest social-networking service fails to assuage concerns about how it can make more money from almost a billion users. Facebook&rsquo;s stock dropped 12 per cent on Friday, its biggest one-day loss on record, after its first quarterly earnings report as a public company.

Facebook stock plunge slashes $34 bn of mkt value

British telecommunications companies serving London&rsquo;s Olympic Park say they have created a wireless system capable of handling a large city. Legions of iPhone- toting visitors are about to put them to the test.

iPhone-toting visitors clog UK

Apple, which has stumbled in its efforts to get into social media, has talked with Twitter in recent months about making a strategic investment in it, according to people briefed on the matter.

Apple considers Twitter stake buy for a slice of social media pie

Anand Shimpi is one of the most influential tech industry figures you've never heard of.

Far from Silicon Valley, tech industry finds an oracle

Flipkart, the poster boy of India&rsquo;s e-commerce story, might have grown rapidly because of its inorganic growth route and inventory-based business model, but there are many early entrants that have either avoided that route or tweaked it substantially for better efficiencies.

Flipkart's competitors tweak inventory-based model

The ways of the photography world are strange and sometimes, cyclical. After the era of analogue (film) photography was thought condemned and buried in the face of the digital onslaught, a global movement that traces its roots to 1980&rsquo;s Russia is bringing back the pleasure of film to a new generation. Its secret weapon: The internet.

Lomography: Rediscovering 'film' photography

If you have ever used any of the numerous entry-level Android tablets in the market, you would know how buggy the user experience can be. But the same operating system combined with a reliable hardware configuration can totally elevate the experience. That&rsquo;s the first impression one gets while using the Google Nexus tab.

Power-packed Nexus 

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

Page 2429 - Tech News