Social networking company Viadeo on Thursday said it had raised $32 million in its latest round of funding, a part of which would be invested in its Indian brand, ApnaCircle.

Viadeo raises $32 mn from investment firms

Business Standard

Rural areas of the country will lead the growth in the telecom sector, while the growth of the supporting ecosystem in tier-2 cities will boost the information technology sector in 2012, consultancy company Deloitte said.

'Rural India to drive telecom growth in 2012'

Press Trust of India

UK-based Serco, the $7-billion services company, on Thursday announced the creation of a business process outsourcing (BPO) division, Global Services, that aims to generate $2 billion in revenue over four years.

Serco creates $1-bn BPO unit, eyes $2 bn in revenue over 4 yrs

US-based chipmaker Qualcomm on Thursday said it had applied for broadband wireless access (BWA) or 4G spectrum in March this year and was awaiting allotment from the department of telecommunications (DoT).

Qualcomm waiting for BWA spectrum

The Company Law Board (CLB) on Thursday allowed Unitech&rsquo;s plea to refer the dispute over its telecom joint venture (JV) with Norway&rsquo;s Telenor, Uninor, for arbitration to a Singapore court.

Unitech can seek international arbitration against Telenor

Hewlett-Packard (HP) on Thursday launched HP Converged Cloud, a hybrid delivery approach towards cloud computing, based on a common architecture spanning traditional information technology, private, managed and public clouds.

HP launches Converged Cloud enters public cloud space

Two days after Bharti Airtel announced the launch of its fourth-generation (4G) wireless broadband services in Kolkata, it is tough to miss the mark of the campaign in the city&rsquo;s key locations.

Airtel follows up Kolkata 4G launch with frenzied awareness drive

When Mausam Kalra relocated from Canada to India two years ago, he had a spring in his stride. Markets were upbeat, e-commerce was being touted as the next big thing and Kalra knew now was his chance. &ldquo;I had been in Canada for 11 years, where I had gone to do my masters in computer science. Soon, I was working there and was the vice president a big IT company there,&rdquo; he reminisces.

An entrepreneur's delight

The combined gross revenue of telecom operators in the country dipped by 1.16% year-on-year to Rs 49,365.18 crore for third quarter ended December 2011, data released by Trai showed.

Telcos Q3 gross revenue dips 1.16% to Rs 49,365 cr

Google Inc&rsquo;s latest move has raised concerns among corporate-governance watchdogs, who say the new stock structure cuts shareholders out of the loop. For investors, the result is a lack of input on decision making, said Charles Elson, director of the University of Delaware&rsquo;s John L Weinberg Centre for Corporate Governance.

Move irks governance watchdogs

Ecommerce leader, 100,000 sq ft warehouse (sorry, &ldquo;fulfilment centre&rdquo;), 6,000-25,000 items shipped every day, 500-plus employees at this site &mdash; big numbers, but where&rsquo;s the buzz? Could be a power cut, one thinks, walking into Yebhi.com&rsquo;s warehouse just off the national highway on the outskirts of Gurgaon.

Enter the back end

S D Shibulal, the man in the hot seat at information technology (IT) services firm Infosys, says the company&rsquo;s expectation is based on ground realities. In an interview with Bibhu Ranjan Mishra &amp; Pradeesh Chandran, the managing director and chief executive officer of the Bangalore-based company details why he believes the fundamentals of the company are much better than the peers.

We'll stick to our principle of giving guidance: S D Shibulal 

Infosys Technologies&rsquo; net profit for the quarter ended March 31, 2012, rose a healthy 27.4 per cent over that in the corresponding period the previous year, but the sting was in the tail. India&rsquo;s second-largest software services exporter disappointed investors with a weaker-than-expected revenue growth outlook for 2012-13, sending its shares plunging 12.6 per cent in its biggest single-day fall in nine years.

Infosys guidance stumps Street

Infosys has denied misusing B-1 or H-1B visas to send employees to the US to work at clients&rsquo; sites.

Infosys denies misusing US visas

It has been 17 months since Jack B Palmer first made a quiet complaint through internal channels at Infosys, the giant Indian outsourcing company he works for, saying he suspected some managers were committing visa fraud. Since then, Palmer says, he has been harassed by superiors and co-workers, sidelined with no work assignment, shut out of the company&rsquo;s computers, denied bonuses and hounded by death threats.

Whistle-blower claims visa fraud keeps job, not work

Information technology services company iGATE Patni on Friday reported net profit of $24.1 million (Rs 123.6 crore) for the first quarter ended March 2012, but its revenue growth fell short of expectations, due to delays in starting projects.

iGATE March quarter net up 35%

Information technology services company iGATE Patni wants to become more selective about its deals. With the delisting of Patni Computer Services, which it acquired last year, from the Bombay Stock Exchange, the combined entity can now chase deals as a single company. Chief executive officer Phaneesh Murthy, in an interview with Piyali Mandal, discusses achievements of the combined entity and the trends.

We'll be selective about deals: Phaneesh Murthy

Tepid guidance from Bangalore-based Infosys hurt shares of other major information technology (IT) stocks as well as key stock market indices.

Infy outlook spooks market

The fourth-quarter financial performance of Infosys, the country&rsquo;s second-largest information technology company, failed to bring cheer to both investors and employees.

Infosys defers annual pay rise, may review decision

&quot;Where do you get outfits for fancy dress competitions in school?&rdquo; &ldquo;Is there anyone in the city who offers French tuition?&rdquo; &ldquo;Who takes Maths tuition in your area?&rdquo; &ldquo;Does my kid attend school properly every day?&rdquo; Like every parent, 44-year-old B Chandrasekar, a software engineer, encountered these questions every now and then.

In the loop

Past midnight, in a dimly lighted warehouse jutting into the San Francisco Bay, Kevin Systrom and Mike Krieger introduced something they had been working on for weeks: A photo-sharing iPhone application called Instagram. What happened next was crazier than they could have imagined.

Tech ties: Behind Instagram's success, networking the old way

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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