Software major Oracle Corp has reported an 18 per cent growth in net income to $2.5 billion in the three months period ended February 29, 2012, driven by new licence sales. Orcale's strong quarterly performance was driven by sales of new licence revenue, a key measure of software growth. Although, the company offset the weakness in hardware business. The entity had a net income of $2.11 billion in the year-ago period, Oracle Corp said in a statement.

Oracle Q3 net income rises 18%

Press Trust of India

It may be a happy union. But for some, who have been following the Satyam episode here for quite sometime, it was also a bit disappointing.

Staff rejoice at happy union

Business Standard

The Supreme Court order cancelling its licences notwithstanding, telecom player Uninor added the second highest number of subscribers at 2.34 million in February, after Idea Cellular at 2.58 million. It was way ahead of market leaders Bharti Airtel (1.8 million additions) and Vodafone (838,071).

Cancelled? What cancelled? Uninor keeps adding subscribers

For C P Gurnani, chief executive officer of Mahindra Satyam, and Sonjoy Anand, chief financial officer of Tech Mahindra, the merger announcement of the two companies is another step in creating an entity preparing to be counted among the big boys. In a chat with Shivani Shinde, they talk about the road ahead.

We will put in investment, aim to be a significant player: C P Gurnani

Windows 8, Windows Phone and apps seem to be the buzzwords at this year's edition of TechEd India, software major Microsoft's annual conference for developers and IT professionals.

Buzzwords for TechEd 2012: Windows 8, Windows Phone and apps

While government plans to auction spectrum band for 4G services (700 MHz) by end of this year, most telecom operators, except Bharti Airtel, have said it is not the right time to do it.

Telcos differ on timing of 4G spectrum auction

In the backdrop of outcry in US against outsourcing, Indian IT industry association Nasscom today said the sector has paid over $15 billion in taxes to US Treasury over a period of five years and created over 2.8 lakh employment opportunities.

'Indian IT industry paid $15 bn in taxes to US in 5 yrs'

Buoyed by the response from its entry-level phones,iVK Mobile private Ltd is planning to introduce Android phones and tablet PC in Indian market by the end of this financial year. Currently, the Gurgaon-based company, which is a joint venture between Chinese cellular handset major GXT and Angel investor Anil K Kaushik, markets entry-level handsets under the SICT brandname.

iVK Mobile to launch Android phones, tablet PCs

Companies are always looking to drive their businesses using the latest communication and collaboration tools. These communication tools improve efficiency, customer service competitiveness and other related things, but companies need channel partners to implement it for them. Enter Avaya, a provider of enterprise communications systems and services which has brought in Rajeev Mittal as its new managing director.

BS People: Rajeev Mittal

With the fear of anti-outsourcing rhetoric taking centre stage ahead of the US presidential elections this year, Nasscom, the Indian information technology industry body, has issued a report that its member-companies support a little over 280,000 jobs in America, which is battling high unemployment.

We're good for America, says Indian IT

Research In Motion Ltd (RIM) has been ousted from the top spot for smartphone shipments in its home market for the first time, trailing Apple Inc&rsquo;s iPhone.

BlackBerry loses top spot to Apple 

Allowing employees to use devices and applications of their choice can result in a more efficient workforce, says a study.

Favourite device, apps can boost employee efficiency: study

Lenovo, India&rsquo;s second largest PC maker, is opening new 11 Lenovo exclusive stores across Maharashtra. The initiative builds on Lenovo&rsquo;s overarching plan to invest in retail expansion across high potential tier 2-5 cities.

Lenevo opens 11 stores across Maharashtra

Growing up, Puneet Verma, an artist from Bihar often asked his relatives in New Delhi or Mumbai to gift him books. He had no other option because his neighbourhood book-sellers had never heard of his favourite writers such as Neil Gaiman or Junichiro Tanizaki.

Small-town India fuels rise of online shopping

Reuters 

Facebook and lawmakers have warned employers against requesting Facebook passwords while screening job applicants, a controversial practice that underscores the blurring distinction between personal and professional lives in the era of social media.

Facebook, lawmakers warn employers not to demand passwords

When Anton Marinovich turned 18, his grandmother gave him $1,000 with strict instructions to invest in the stock market. He chose Apple Inc.

Apple's shareholders get rich, hang on to scrip

Germany-based D&uuml;rr AG, a globally active supplier of products, systems and services mainly for the automobile industry, is planning to strengthen its services in the country. This includes important stages of vehicle production, while bringing in a more clean technology.

IBM, BCG, McKinsey top recruiters at IIM-A placements

The turmoil in India&rsquo;s telecom industry following the Supreme Court cancelling 122 licences, has put employees in this erstwhile sunrise sector in a rather awkward situation. Consider this: Mahesh Gurunath, a senior telecom executive from Bangalore, was shocked when he was asked to change his job profile from marketing to products. &ldquo;I have been in marketing for nine years. All that experience has vanished,&rdquo; he says.

Telecom executives dial up new jobs, shift sectors to beat slowdown blues

Hewlett-Packard Co, the world&rsquo;s biggest personal-computer maker, authorised a 10 per cent increase in its quarterly dividend, which the company expects to declare in May.

HP approves 10% rise in quarterly dividend

Norwegian telecom company Telenor is looking at a 74 per cent stake in the company it plans to launch in India with a new partner.

'Looking for a solution with current partners'

Bharat Sanchar Nigam (BSNL) has planned to set up telecom connectivity through Bangladesh for North Eastern region of the country due to tough terrain and geographical isolation, top BSNL executive said today.

BSNL to set up connectivity through Bangladesh

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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