India IT News Capsule - May 2006, Issue 8

  • Stage set for EDS acquisition of Mphasis BFL : The IT big shot Electronic Data Systems (EDS) based from Plano, Texas has shown interest in acquiring Indian IT major Mphasis BFL for $380 million. This acquisition should pave the way for EDS to enter India and establish a mighty presence here.
  • HTMT launches subsidiary in Phillipines: HTMT, owned by the Hindujas, a famous Indian business house, has opened a $25 million worth call centre subsidiary in Phillipines.
  • Dell to start PC manufacturing in India : Dell, the PC maker has unveiled plans to start PC manufacturing in India and hopes to kick start a plant by year end. This would be Dell's 8th plant across the globe.
  • MS XBox 360 gaming console to make Diwali entry in India: Microsoft India has announced plans to make the XBox 360 gaming console available to Indian gaming fans by Diwali this year. The base edition would be priced close to 20,000 INR
  • ISRO ties up with UK university: ISRO has collaborated with University of Leicester, UK to integrate special hardware developed by Tata Institute of Fundamental Research (TIFR) into a X-Ray camera. This camera is planned to be flown into space aboard the AstroSat, India's first dedicated astronomy satellite later.