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IDS Softwares to expand despite slowdown Apr 2, 2009IDS Softwares to expand despite slowdown

IDS Softwares, the Bangalore-based software product firm focused on hospitality sector, is set to expand its operations despite the ongoing global recession. The company, backed by investment from Rakesh J... >> more

Satyam: IBM, WL Ross tie-up buzz gets stronger Apr 2, 2009Satyam: IBM, WL Ross tie-up buzz gets stronger

Even as the shroud of secrecy over the bidding process for Satyam Computer Services stays, the buzz around two independent bidders — IT giant IBM and Wilbur Ross & Co, the private equity (PE) firm prom... >> more

GM, Chrysler bankruptcy could hurt TCS the most Apr 1, 2009GM, Chrysler bankruptcy could hurt TCS the most

The grave financial crisis at US automobile companies General Motors (GM) and Chrysler has put at risk deals worth nearly $1 billion (Rs 5,000 crore) annually for Indian auto parts suppliers and some of th... >> more

Global IT spending to fall nearly 4%: Gartner Apr 1, 2009Global IT spending to fall nearly 4%: Gartner

Information technology (IT) spending is expected to fall nearly four percent this year, the biggest slowdown since the dotcom bust of 2001, market research firm Gartner Inc. said on Tuesday.

Gartner... >> more

Reliance Infra forays into IT implementation Apr 1, 2009Reliance Infra forays into IT implementation

Reliance Infrastructure Ltd (RInfra), a unit of Anil Dhirubhai Ambani Group (ADAG) with interests in infrastructure and power utilities, has been empanelled as the Information Technology Implementation Age... >> more

ARS Traffic eyes tie-ups with Indian cos Mar 31, 2009ARS Traffic eyes tie-ups with Indian cos

The Netherlands-based ARS Traffic and Transport Technology, which operates in the intelligent transport systems domain, plans to offer its products and services in India later this year.

Intelligent... >> more

WL Ross in race to acquire Satyam stake? Mar 31, 2009WL Ross in race to acquire Satyam stake?

US-based private equity firm WL Ross & Co is believed to be one of the parties interested in buying out the scam-hit Satyam Computer Services.

Representatives from WL Ross recently visited Satya... >> more

US co Intuit to invest $45 m in India Mar 26, 2009US co Intuit to invest $45 m in India

Intuit Ltd, the US-based provider of business and personal finance management software, has said that it plans to make products for the Indian market.

The Nasdaq-listed company has committed an inve... >> more

Compact Disc firm to invest Rs 100 cr for gaming studio Mar 24, 2009Compact Disc firm to invest Rs 100 cr for gaming studio

Entertainment firm Compact Disc India on Monday said its subsidiary firm Laser Infomedia would invest Rs 100 crore for setting up of a gaming publishing and development studio at Jaipur.

Laser Infom... >> more

Spice has second thoughts on Satyam buy Mar 24, 2009Spice has second thoughts on Satyam buy

The Spice Group, which has been short-listed as one of the bidders for Satyam, is having second thoughts and planning to re-evaluate its interest in the scam-tainted firm. Spice Innovative, which has put i... >> more

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