E-commerce, despite its advantages, has not taken off the way it should have, because of security concerns, T.V. Skanthaswamy, Associate vice-president, Infosys Technologies Ltd., Mysore, has said.
“Though there are irresistible cost savings, e-business has not gone the way it should have, because of the key element trust,” he said at the inauguration of the three-day `International Conference on Network Security and Workshop‘ on Monday at Erode Sengunthar Engineering College.Â Â â€¦
Read More @ The Hindu (30 Jan 2007)
The Tatas beat Brazil’s CSN to acquire Anglo-Dutch steelmaker Corus Group Plc at slightly more than $11 billion.
With a bid of 608 pence a share, Indian corporate giant Tata Steel outsmarted CSN’s 603 pence a share offer during the night-long auction process.
CSN officials confirmed pulling out of the race to acquire Europe’s second-largest steel firm after a final offer of 603 pence a share. Tata officials remained tightlipped.
Tata Steel raised its final offer to 608 pence a share by the time the auction entered the concluding ninth round from 500 pence a share at the start of the auction.
The company also stated that it will shortly seek approval of its revised offer from the Board of Corus Group Plc and the $11.3 billion transaction is likely to be finished by the mid-March this year.
Read More @ NDTV
The rollout of HSPA has just started, yet the next step toward 4th-generation mobile radio is already waiting in the wings.
The purpose of UMTS long-term evolution (LTE) is to ensure the future of UMTS by providing higher data rates and shorter access times. Rohde & Schwarz, a pioneer in developing new technologies, will again showcase solutions for ground-breaking developments and research projects on UMTS LTE at the 3GSM World Congress in Barcelona.
Moreover, a complete product portfolio for HSPA and for mobile and stationary WiMAX applications will be presented. As the European market leader in T&M and broadcasting technology for digital transmission methods, Rohde & Schwarz supports the introduction and smooth operation of mobile TV. In Barcelona, the new R&S ETL TV analyzer platform will complement the companyâ€™s wide product portfolio.
Read MoreÂ @ Vanguardngr
Bharat Sanchar Nigam Limited has plans to connect 80,000 villages with wireless broadband.
Rajesh Kumar, joint DDG, strategic planning, BSNL informed that the project would be undertaken in phases. The organization has formed a cluster of 1,000 block headquarters, scattered across India, for the first phase. These blocks will cover around 10,000 villages. WiMax installation will provide broadband access to customers within a radius of 25 kilometers.
USO will float tender for this project next month. “We have the infrastructure ready, we will invite bids to procure equipment,” said Kumar. BSNL has a budget of Rs 150 crore for equipment procurement, he added. First phase of the project will be completed in the next two years.
Read More @ Cxotoday
Finally! A mobile that’s made in India.
Bangalore-based Digibee Microsystems (Digibee) is all set to take this pioneering step in the next few weeks.
Announcing the investment of $8.5 million (about Rs 38 crore) by Clearstone Venture Partners and SIDBI in the firm, Mr Vijay Balakrishnan, Vice-President of Marketing, Digibee, said the amount would be used to fund the company’s first phase of operations.
It will tie up with the top five mobile operators in the country, who have between them around 115 million subscribers, and begin the process of rolling out handsets. The investment will be utilized to obtain licences, IPRs (intellectual property rights) and in strategic deals with the component manufacturing vendors.â€¦
Read More @ The Hindu BusinesslineÂ
You can find a cake on orkut.com site ..its the 3 year celebration of the same
I couldnt get any official article on the same ,if u get any do post it as comment to this post.
The image is really good one …enjoy …Scrapping
Indiaâ€™s largest software exporter $2.97-billion TCS plans to achieve over 10% of its revenue from its e-governance vertical by 2010. Overall, the company has set itself a target of $10 billion by 2010. This translates into e-governance revenues of over $1 billion.
â€œWe project at least 10% contribution to TCSâ€™ overall revenues through e-governance by fiscal year ending 2009-10,â€ says Tanmoy Chakrabarty, vice-president (global government industry group), TCS.
Last year TCS earned less than $200 million through its e-governance practice. According to estimates, the global e-governance pie is over 180 billion, of which Indian companies share at present is minuscule, less than 1%.
TCS rivals such as Infosys, Wipro, Satyam and HCL have lesser share of e-governance in their overall pie. Surprisingly, TCSâ€™ biggest rival Infosys doesnâ€™t have a government vertical.
Read More @ Economic Times (27 Jan â€˜ 07)
US President George W Bush’s reported comments on the US looking at the possibility of increasing the number of HI-B visas â€” granted to Indian professionals to work in the US â€” has received an enthusiastic response from Nasscom.
The Nasscom President, Mr Kiran Karnik, told Business Line, ” We welcome such an initiative. This step would be mutually beneficial to both the countries.” He said that last year the senate immigration Bill that dealt with the issue could not be converted into legislation due to problems of illegal immigrants.
Read More @ The Hindu Business Line January 27, 2007
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