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Continuing its strategy to concentrate on infrastructure projects to push the economy, the government has cleared two port projects and five highway projects involving a total investment of Rs 5,220 crore. The projects will be implemented under public-private partnership route. Finance ministry officials said after clearing the projects that the largest among those cleared was … Read more Government clears infra projects worth Rs 5,220 crore
Apple introduced the new Mac Pro using Intel “Nehalem” Xeon processors and a next-generation system architecture to deliver up to twice the performance of the previous generation system.* The new Mac Pro starts at £1,899 (inc. VAT) and features the latest graphics technology and an updated interior that makes expansion even easier than before. System … Read more Apple Mac Pro with Intel Xeon Processors & High-Performance Graphics
Highlights of the call The management is seeing cut in discretionary spend. There is more impact of this on Applications segment and lesser on ITO and BPO segment. The effective tax rate for the Company is 3.2% up 40bps over sequential quarter. The lower tax rate is due to higher capitalization. Going forward, the tax … Read more Mphasis – No salary cuts yet
HCL Technologies has won a Rs 393 crore contract from National Insurance Company (NIC) for setting up and managing new enterprise wide IT Landscape for NIC. The contract for a period of 7 years will cover business process re-engineering, application, blueprinting and roll out of 19 applications, systems integration and management services This is deemed … Read more HCL Tech bags Rs 393 worth order from National Insurance
Gemini Communication (GCL) has secured an order from Bharat Sanchar Nigam (BSNL), for supply, implementation & maintenance of Rural Mobile WIMAX in the telecom circles of Gujarat, Maharashtra, Karnataka, Andra Pradesh, Chennai, Tamilnadu and Orissa. The order is worth Rs 67 crore in the first phase. This is BSNL’s first procurement of Mobile WIMAX systems, … Read more Gemini Communication bags BSNL WiMax Broadband Order
Suzlon Energy (Tianjin), China, a wholly owned subsidiary of Suzlon Energy, has entered into an agreement with Inner Mongolia North Longyuan Wind Power Corporation, for supply of turbines for 100 MW of wind turbine capacity. The order consist of delivery of a total of 80 units of Suzlon’s S64-1.25 MW turbine in two lots of … Read more Suzlon Energy’s China unit bags contract for 80 units of turbine