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Headlines Now
NATIONAL
CSC'S Noida centre assessed at CMM level 5
New Delhi: Computer Sciences Corporation (CSC) on June 3 announced that its Noida, India centre was assessed at Maturity Level 5 of Software Capability Maturity Model (SMM) for "all software maintenance and enhancement activities (excluding Software Subcontract Management) executed and managed from CSC India, Noida."

Webex plans to invest $ 2.5 lakh in Indian nodes
Bangalore: US-based web meeting services firm Webex Communications on June 3 said it plans to set up switching hubs (nodes) for its network in either Bangalore or Hyderabad with an investment of $ 2.5 lakh and increase its presence in the Indian market.

Interest rates won’t change: Finance secretary
Mumbai: The nominal interest rates are unlikely to change in the near future, Union finance secretary S Narayan said on June 3.

Intel chief Otellini to visit India on June 9
New Delhi: Paul S Otellini, President and Chief Operating Officer (COO) of Intel Corporation, will visit India on June 9-10 to discuss India's potential role in the global information technology (IT) and communications economy.

Borland announces agreement with Microsoft
Borland Bangalore: Borland Software Corporation and Mircosoft Corp on June 3 announced an agreement to ship Microsoft SQL server 2000 developer edition with Borland C#Builder for the Microsoft .Net framework.

SENSEX recovers losses during morning trading
Mumbai: The SENSEX opened on a firm note and later fluctuated irregularly, recovering its early losses on alternate bouts of buying and selling during morning trading on the Bombay Stock Exchange (BSE) on June 3.

INTERNATIONAL
'HP dominates Notebook market position in India'
California: HP India Pvt Ltd on May 2 announced their No.1 market position in both unit and value shipments with a share of more than 31.7%, according to IDC, Quarter I report. HP has increased its unit shipment lead over its nearest competitor by over 4% in the quarter.