With the tax exemption having expired since last one year, the Software Technology Parks of India (STPI) membership in Gujarat has come down drastically from 200 to 80. Yet, software exports from the state has risen to Rs 1,500 crore this year, up by 25 per cent since last year.

Gujarat IT exports rise by 25% in FY12

Business Standard

Marking the completion of the three-year transformation and recovery, Hyderabad-based global consulting and IT services provider Mahindra Satyam on Thursday reported a consolidated net profit of Rs 534.21 crore for the quarter ended March 2012, compared to a net loss of Rs 326.98 crore in the corresponding quarter last year.

Mahindra Satyam Q4 net at Rs 534 cr

Wipro, India&rsquo;s third-largest information technology (IT) services company, is likely to bag a contract worth Rs 960 crore from the Indian Air Force (IAF) to automate its maintenance management system.

Wipro close to bagging Rs 960-cr contract from IAF

Kinect, a motion-sensing input device based around a webcam-style  add-on peripheral by IT giant Microsoft Corporation for its Xbox 360  console and Windows PCs, is not just for games anymore.

Microsoft's Kinect to help speech, visually impaired to 'talk and walk' seamlessly

Reminding of the role it played in resolving the NRI kids custody issue, Norway has asked Finance Minister Pranab Mukherjee to address concerns of its telecom company, Telenor in the auction of spectrum.

Norway urges FM to limit auction to new players

Press Trust of India

Facebook Inc's $16 billion initial public offering has made 28-year-old Mark Zuckerberg the 29th richest person on Earth. Facebook, the world's most popular social networking company, sold 421.2 million shares for $38 each. At that price, the 503.6 million shares and options Zuckerberg owns are valued at $19.1 billion, making him wealthier than Google Inc co- founders Sergey Brin and Larry Page, according to the Bloomberg Billionaires Index.

Zuckerberg richer than Google founders

For nearly five years, Facebook has quietly and deftly befriended the nation&rsquo;s top lawmakers by giving them a little tech support.

Facebook builds network of lawmakers

Google said on Saturday that Chinese authorities have approved its $12.5-billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world&rsquo;s No 1 Internet search engine to develop its own line of smartphones.

Google gets China's nod for Motorola purchase

Reuters 

Shweta Gugnani, mother of a three-year-old, is done playing Cityville and Farmville&mdash;popular social network games where users build and maintain virtual cities and farms. Having spent Rs 500 on in-game items to make her virtual &lsquo;city&rsquo; and &lsquo;farm&rsquo; look awesome, Gugnani now says she has grown weary of them. &ldquo;There was a time when every friend of mine was growing corn and buying stuff on Farmville to share them on Facebook. It was very addictive,&rdquo; she says.

Social games lose their 'cool'

It is very easy to lose sensitive data without even realising it&mdash;from a software developer sneaking out gigabytes of valuable source code on his iPod to an executive's wireless-enabled laptop being sniffed at the local coffee shop, loss of data can be critical to executives or businesses. The amount of data on devices (mobile, laptop, etc) and on web accounts (emails, social networking profiles, etc) needs a protective layer of security.

Your chamber of secrets

Facebook Inc&rsquo;s (FB) initial public offering is poised to create some 850 new millionaires, spawning a new class of angel investors looking to help other startups build on the popularity of the biggest social network.

Facebook IPO spawns social media angels

Small and emerging cities and small and medium enterprises are the latest targets for cyber criminals. Cities such as Bhubaneshwar, Surat, Cochin, Jaipur, Vishakhapatnam and Indore are increasingly facing the risk of cyber attacks, with 25% of bot- infections in India reported in such cities, said the new finiding from Symantec.

Internet attacks target small cities, small biz in India

Social media a new form of entertainment for GenY: Survey

Hyderabad-based Way2Online Interactive India, a consumer-focused Internet technology company, has been acquired by Gurgaon-based enterprise mobility and communication services company, ValueFirst Messaging, reportedly for Rs 200 crore in an all-cash deal.

ValueFirst buys Way2Online for Rs 200 cr

Over 200 hundred developers from across India have camped up for two days at a hotel in South Mumbai for a Windows 8 hackathon.

Microsoft gets the Indian developer community ready for Windows 8

Nasdaq-listed digital media company Yahoo! is set to launch Time Traveler, an application for iOS-based (iPhone operating system) mobile devices. The application, the global launch of which will be announced in the US tonight, will help travellers with little time on hand to hop around various destinations within a particular city.

Now, time travels with Yahoo!'s iPad app

Over 200 hundred developers from across India have camped up for two days at a hotel in south Mumbai for a Windows 8 hackathon. This is the first time that the Indian developer community is getting into the hack mode for Microsoft Windows.

Since his low-key entry into Wipro five years ago, Rishad Premji is being carefully groomed to lead the company one day.

In his father's shoes?

The perception of India as an outsourcing hub for ICT has been dispelled and Australia will now be looking at India for its innovative strengths and expertise in the industry, says Jackie Taranto, the organiser of CeBIT Australia and Managing Director of Hannover Fairs Australia, a wholly-owned subsidiary of the global trade group company Deutsche Messe AG.

Australia to tap Indian IT firms for expertise

Tata Teleservices Ltd, which offers both GSM and CDMA-based mobile telephone services, has supported the Telecom Regulatory Authority of India&rsquo;s proposal on refarming of the 900MHz spectrum held by GSM operators, while saying the high reserve price suggested would scare away the competition and might not give the best value of spectrum.

The main issue is lack of a level playing field: N Srinath

Computer security analysts have issued an alert for Internet users and operators against hackers attempting to target websites of &quot;reputed&quot; government and private organisations.

Top govt, pvt websites under hacker threat: Cyber agency

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

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