Tag Archives: Outlook

After witnessing deals for 32 lakh sq ft of office space, the Andhra Pradesh Government has set a target of 10 crore sq ft of space for IT and ITES, including in the Special Economic Zones earmarked for the industry, and creation of 10 lakh jobs Continue reading →

Mahindra Satyam BPO is exploring the option of setting up a delivery centre in the Philippines for servicing back-office customers. It hopes to have a 500-1000-seater operation up and running in the country in the next two Continue reading →

Sistema Shyam Teleservices Ltd (SSTL) on Wednesday said it expects the Russian Government to invest $677 million in the mobile operator to pick up a 20 per cent stake by October. The deal has been hanging in the balance since 2009 as it was Continue reading →

Global IT major Hewlett Packard (H-P) sees a strong demand for its newly-launched Business Service Management and Test Data Management software in India, particularly from banks, telecom firms and IT services Continue reading →

The market for cloud computing in India is expected to grow nearly ten times to $1,084 million by 2015 from the current $110 million, as large enterprises – banks, manufacturing and telecom companies – as well as SMBs look to drive IT Continue reading →

The Kerala State IT Mission is spearheading a plan to set up a lab for testing Government Web sites, according to Dr Rathan Kelkar, Continue reading →

Franco-American telecom equipment maker Alcatel-Lucent looks to shifting its global services headquarters to India in a bid to leverage the market and resources available Continue reading →

India will lead the world in cloud adoption, with small businesses and the Government leapfrogging directly to the cloud, said Mr Ravi Venkatesan, Chairman, Microsoft Corporation Continue reading →

IT major Infosys Technologies on Saturday said that its tax payment has nearly doubled for the year ended March 2010 (Rs 1,681 crore versus Rs 919 crore the year before). For the latest full year, 70 per cent of the company’s revenues were taxed. Continue reading →

Offshore BPO company ExlService Holdings has decided to pursue contracts in the domestic market and, as the first step, initiated talks with insurance companies to offer back-office Continue reading →

Four leading IT companies – Infosys, CMC, Tata Consultancy Services and HP – are learnt to be in the fray for Delhi Jal Board (DJB’s) IT solutions contract estimated to be worth about Rs 70 Continue reading →

Cloud computing will cause massive disruptions in the IT industry by driving service providers to greater efficiency and ensuring that value is delivered for every buck spent by customers, said industry experts at the Nasscom BPO Strategy Continue reading →

The Centre has approved the Karnataka Government’s proposed Information Technology Investment Region (ITIR) Continue reading →

The Karnataka Government expects to sign a memorandum of understanding (MoU) with 55 information technology (IT) and biotechnology (BT) companies during the Global Investors’ Meet Continue reading →

IBM is all set to deliver a complete line-up of ‘workload optimised’ systems designed to meet the demands of a smarter planet, its Vice-President, Power Systems (Systems and Technology Group), Mr Rahul Bindal, Continue reading →

In a bid to suitably manage the break-even point, telecom companies, which were successful in bidding for spectrum to provide third generation (3G) mobile services, are expected to replace short-term rupee loans from banks with long-term, Continue reading →

The Chief Executive Officer of Tata Consultancy Services, Mr N. Chandrasekaran, has said the company will not shy away from expanding in Europe, despite the volatile currency Continue reading →

While CMS Info Services, (formerly CMS Computers), a leading player in cash logistics and ATM services management, saw opportunity when private equity firm Blackstone acquired a substantial stake in the company, its Vice-Chairman and CEO, Mr Continue reading →

NEC India, a wholly-owned subsidiary of NEC Asia and NEC Corporation, is deploying a fingerprint and face identification-based biometrics solution for a State insurance Continue reading →

The British coalition government’s plans to dramatically cut spending should provide a major opportunity for Indian IT services firms, Nasscom insisted as speculation that Tata Consultancy Services’ £600-million contract to administer a Continue reading →

Though “European debt crisis is likely to continue for sometime, given the current situation”, Infosys does not see any negative impact from Continue reading →

After giving away his dream project under Reliance Infocomm to Anil Ambani in 2005, elder brother Mukesh Ambani now has a chance to get back into the booming telecom sector following the decision by the two brothers to dissolve the non-compete Continue reading →

Bharti Airtel and Vodafone Essar may well be the quickest to recover their 3G investment going by the current revenues they earn from the various circles where they have bought Continue reading →

Thinksoft Global, which provides specialised testing services to the global financial services industry, is bullish on Continue reading →

Networking products and solutions company Juniper Networks says cloud computing, which essentially frees enterprises from owning physical infrastructure, will not cannibalise its Continue reading →