Wednesday, February 09, 2005

 

IT News Snippets

Travel and Tourism Fair opens in Chennai
Tamil Nadu today said its monuments and tourist centres were not affected by the tsunami and asked holiday makers and pilgrims to give a new ...
 
Xansa to expand operations in chennai
Xansa, the UK-based company, plans to expand operations in Chennai with the setting up of a new building in the next six months at a cost of Rs 22 ...
http://www.expressindia.com/fullstory.php?newsid=40871
 
 
Polaris, Cognizant likely to expand Toronto operations
IT majors, Cognizant Technology Services and Polaris Software Lab are looking at ramping up their Toronto operations, as part of a strategy to use ...
 
 
Chennai Co bags first outsourcing deal in US pension industry:
Chennai-based Congruent Solutions Pvt Ltd has become the first overseas company to provide back-end services to a retirement ...
 
 
American dream can turn nightmare
Flying to the US and living the rest of one's life in style is probably the most cherished dream of many Indians. But there are some people who would do anything to convince you not to do so.
http://www.expressindia.com/fullstory.php?newsid=40646
 
 
Infosys aims to add 6,000 staffs in Q4
Infosys Technologies Ltd has made 6,000 job offers for hiring later in 2005, a company official told a news conference.
http://www.expressindia.com/fullstory.php?newsid=40662
 
 
How Gurgaon clinched top vote for IT, BPO
Investors might want to take a second look at a recent survey that rated Gurgaon ahead of Bangalore, Pune and Hyderabad as most preferred IT and BPO destination.
http://www.expressindia.com/fullstory.php?newsid=41126
 
 
China no threat to Indian IT prowess
China may have stolen a march on India in manufacturing but it will take years before it can catch up with its neighbour in information technology, says McKinsey.
http://www.expressindia.com/fullstory.php?newsid=41425
 
 
SBC to cut 13,000 jobs after AT&T acquisition
SBC Communications Inc said it expects to eliminate about 13,000 jobs after its USD 16 billion acquisition of AT&T Corp closes, but the telephone company stressed that many of those positions can be cut through attrition rather than layoffs.
http://www.expressindia.com/fullstory.php?newsid=41507
 
 
Azim Premji's 8 steps to excellence!
An obsession for excellence is what makes a company successful, says Wipro Chairman Azim Premji.
http://www.rediff.com/money/2005/jan/17spec.htm
 
 
Bangalore, hottest for IT
A good premium for their stocks will help banks grow earnings strong enough to offset the impact of a higher equity base.
http://www.rediff.com/money/2005/jan/18spec.htm
 
 
Interview with TCS CEO S Ramadorai
The TCS CEO spoke about the IT major's operations in Canada.
http://www.rediff.com/money/2005/jan/24inter.htm
 
 
Mumbai is the biggest job creator
An Assocham survey says the IT and ITeS sector was the largest employer, with 44% of the total jobs advertised in the last 2 months from this sector.
Mumbai city is set to create over 8 lakh (800,000) job opportunities by 2015, with the retail, manufacturing and construction sectors being the major job creators.
http://www.rediff.com/money/2005/jan/24mumbai.htm
http://www.rediff.com/money/2005/feb/01jobs.htm
 
 
10 lakh IT jobsin 2005
India's information technology industry is estimated to cross Rs 1 lakh crore in 2004-05 and employ over 10 lakh knowledge professionals, according to Nasscom.
http://www.rediff.com/money/2005/feb/03jobs.htm
 
 
Convergys to hire 4000 more
Business process outsourcing company Convergys India will open a new call centre office near Mumbai by June. The company, which currently employs 10,000 people in India is looking to further increase its manpower by 4000.
http://www.rediff.com/money/2005/feb/08bpo.htm

Monday, February 07, 2005

 

Chennai News Snippets

Chennai co wins 1st BPO contract in US
Chennai: Chennai-based Congruent Solutions Private Ltd has become the first overseas company to provide back-end services to a retirement funds consulting firm ...
Eveready tech park on Chennai plant plot
Calcutta, Feb. 2: Eveready Industries is setting up a state-of-the-art technology park in Chennai in collaboration with Khivraj Tech Park.
 
EIIL to set up Tech Park in chennai
... value of its assets, Eveready Industries India Ltd (EIIL) on Wednesday announced a new initiative that is aimed at creating the latest infrastructure in Chennai ...
 
Russian firm eyes 49% in Aircel
... Televentures for $450 million. Aircel provides cellular services in the Chennai and Tamil Nadu circles. Sistema, which is currently ...
 
Startup sees market for Linux offshore support
Slash Support Inc., a five-year-old California and Chennai-based startup, has partnered International Business Machines (IBM) to boost offshore support for ...
 
Accenture ups India staff to 11,000
Finally, the most wanted of Accenture's India numbers are officially out. The global consuting, technology and outsourcing ...
HLL launches its water purifier `Pureit` in Chennai
FMCG major Hindustan Lever Limited (HLL) is targeting Chennai's Rs 800-crore purified water market with its 'Pureit'. Pureit filters ...
CII and ELCOT to promote software park in Coimbatore:
Industry body CII and the state-owned Electronics Corporation of Tamil Nadu would jointly promote a software park at ...
 
Chennai co wins 1st BPO contract in US
Chennai-based Congruent Solutions Private Ltd has become the first overseas company to provide back-end services to a retirement funds consulting firm ...

 

News Snippets

IT deductions: HRA and interest benefits
... An amount equal: a) Where accommodation is situated in Mumbai, Calcutta, Delhi or Chennai, 50 percent of salary in the relevant period. ...  There is nothing in the provisions which restricts claiming of exemption on HRA as well as deduction on interest paid for a housing loan.

Hundred movies in one DVD?
... for packing one hundred movies in one DVD is not there yet, but a Singapore company, listed in Australia but doing development work in Chennai, is almost there ...


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