Flextronics plans to set up $500 M plant
The $17 billion Flextronics is setting up huge manufacturing facilities for three lines of products mobile phones, electronics and set-top boxes.
Monday, 30 November -1, 05:30 IST
VSNL to acquire Teleglobe for $239M
Barely a month after it announced the closure of its acquisition of Tyco Global Network for $130 million, Indias largest long distance carrier...
Monday, 30 November -1, 05:30 IST
Intoto IntruPro receives NSS award
Intoto, has announced IntruPro Intrusion Prevention System (IPS) software version 3.0 powered by Intotos Inline IPS technology has received the...
Monday, 30 November -1, 05:30 IST
Virtusa course to hone skills of workers
Virtusa Corporation has found a new way of battling skill redundancy among its employees- The company has used multiskilling to render its...
Monday, 30 November -1, 05:30 IST
Polaris Software posts 46% drop in net profit
Polaris Software Labs has reported a 46.2 percent drop in net profit to Rs. 129.6 million on sales of Rs. 2.09 billion for the quarter ended June 30, 2005 compared to a net profit of Rs. 240.9 million for the corresponding quarter last year.
Double trouble for Indian IT companies
MNC competition is beginning to have a larger impact on established Indian IT players. With players like IBM and Accenture shifting work to India on a much larger scale, Indian IT players face pressure on two fronts - resources and prices.
