Archive for April, 2008
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3i Infotech buys US co Regulus for $80 mn
SOURCE: EconomicTimes DATE: April 29th, 2008 ARTICLE IT software and services provider 3i Infotech on Tuesday said it has acquired Regulus Group, a US-based payment and document processing company, for nearly $100 million, in a move that would inc
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ACS and Nike sign an IT outsourcing contract
SOURCE: Dallas Business Journal DATE: April 29th, 2008 ARTICLE ACS has been awarded a five-year contract extension to provide information technology outsourcing services to Nike Inc. Financial terms weren't disclosed. Dallas-based ACS (N
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Rumours of top-level exits hit Wipro stock
SOURCE: EconomicTimes DATE: APril 29th, 2008 Mohit Soapbox: This is an interesting piece. Anytime there is shift in senior leadership there is a fall out. Wipro I have always felt has a good cadre of senior leadership but with limited ownershi
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Scottish Water splashes out on tech
SOURCE: Silicon.com DATE: April 28th, 2008 Mohit Soapbox: The interesting thing I see here is the saving #. 8 million pounds over a eight year period. Does seem fairly small given the scale of the announcement and the initiative. ARTICLE Sc
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IT cos eye non-linear model to prop up business
SOURCE: EconomicTimes DATE: April 28th, 2008 Mohit Soapbox: Growth through a non linear model is absolutely something which the Indian IT vendors need to pursue. The question is that are they set up - management, process, people and mind set to
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Wipro get’s into LPO services
SOURCE: EconomicTimes DATE: April 28th, 2008 Mohit Soapbox: The growth of the LPO market has been projected for a long time now and it has the potential to grow. What I find in the actual marketplace is that the market has grown well below the e
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ACS to buy CompIQ
SOURCE: Dallas Business Journal DATE: April 28th, 2008 ARTICLE Business processing outsourcer Affiliated Computer Services Inc. has agreed to buy CompIQ Corp., a workers' compensation software and services company, for $22 million, plus contin
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Mindtree, Satyam bag ArcelorMittal contract
SOURCE: Business Standard DATE: April 29th, 2008 ARTICLE Mindtree Consulting and Satyam Computer Services have together won a three-year IT outsourcing deal from ArcelorMittal, the world's largest steel making company. The contract is a part o
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Hiring slowdown? Tech firms delaying campus recruitment
SOURCE: LiveMint DATE: April 29th, 2008 ARTICLE Mid-size and smaller technology companies are pushing back their on-campus recruitment by up to six months as business uncertainty in the US—their single-largest market—makes workforce needs an
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Quintegra sees FY08 topline at $100 million
SOURCE: Business Standard DATE: April 24th, 2008 ARTICLE IT products and services company Quintegra Solutions Ltd expects a topline of $100 million (Rs 400 crore) in the financial year ended March 31, 2008 from Rs 76 crore in FY07. Shankarraman V
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