NATIONAL 'Cost reduction in IT budgets top priority of cos'
Bangalore: The top priority among global companies from its Chief Information Officers (CIOs) is cost reduction in Information Technology (IT) budgets, Solectron Corporation Chief Information Officer Bernard F Mathaisel, said on October 13.
SENSEX jumps by 80 pts in eleventh rally in a row
Mumbai: Riding piggyback on a fresh bout of investors' buying, stocks rallied sharply aiding the SENSEX to extend its winning streak to straight eleventh session and end past the 4800-mark on the Bombay
Stock Exchange (BSE) on October 13.
Plus Vision Corp to outsource software from India
Bangalore: Unveiling what it said is the world's most compact projector "Pico portable projector", Japan-based $ 1.7 billion Plus Vision Corporation on October 13 said it planned to outsource software from
Indian IT firms which would be integrated in its advanced products.
I-Flex's Flexcube to run UFJ bank’s global operations
Bangalore: I-flex solutions, a leading provider of Information Technology (IT) solutions, on October 13 announced that Japanese UFJ Bank has selected i-flex's flagship product Flexcube to run its global
banking operations.
Many MPs are against oil sector divestment: Naik
New Delhi: Several Members of Parliament have opposed privatisation of public sector oil firms like Indian Oil Corporation (IOC) and have asked the government not to seek a review of the Supreme Court verdict halting privatisation of Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd, (BPCL), Petroleum Minister Ram Naik said on October 13.
GE, Bechtel announce strategy to restart DPC
Mumbai: US companies GE and Bechtel have put forward a three-pronged strategy to the Indian lenders
led by Industrial Development Bank of India (IDBI) to restart Phase I and completion of Phase II of the three billion Dollar Dabhol Power Corporation (DPC) project.
