Monday, June 26, 2006

India IT News Capsule - June 2006, Issue 9


  • AMD powered PCs exclusive shop set up at Bangalore: Vertex Techno Solutions Pvt. Ltd has opened AMD exclusive multi-brand computing devices store at President Chambers on Hayes Road, Bangalore, which will showcase all major brands including HP, Lenovo, Acer, Fujitsu, etc. exclusively based on the AMD platform.
  • BusinessWeek Infotech Top 100 contains 6 Indian firms: BusinessWeek has released its top 100 global Infotech firms and the list contains 6 Indian firms. Within the top 25 came Infosys(10), TCS(12), Bharti TeleVentures(19) and Wipro(23). Cognizant(32) and Satyam(85) were two other Indian companies.
  • Government steps in to regulate sales of GenX technologies to Indian companies: The Indian government has made it mandatory that all GenX technologies sold by international companies to Indian operators must be approved by the government. The logic behind it is to ensure that the international companies completely work with the Indian buyers to address all setup & security issues before making the sales. This ruling comes in the wake of Qualcomm's Push-To-Talk technology that was sold to Tata Teleservices and had to be later withdrawn as the government pointed out that the security systems were not in place to protect consumer interests.
  • Birlas buy Canadian BPO firm: The Aditya Birla group has moved forward to acquire Canadian based BPO firm Minacs through its subsidiary TransWorks. The deal is expected to be finalized at 125 million USD.
  • TCS to invest 1100 Crore rupees in Karnataka: TCS, the Indian IT giant has evinced interest in investing Rs 1100 crores in Karnataka. It has asked the Karnataka government to allot land for this purpose in Tier 2 cities that Karnataka has been planning.

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