Ram Informatics bags KEONICS – Nemmadi Project

Ram Informatics has received an order from Karnataka Electronics Development Corporation (KEONICS) for study, anlysis, design and development of reports for Nemmadi Project, an e-governace intiative from Government of Karnataka. Update: Ram Informatics has gained 3.89% on the BSE after the company received an order from Karnataka Electronics Development Corporation (KEONICS). The scrip is currently … Read more Ram Informatics bags KEONICS – Nemmadi Project

Indian IT sector emerges as laggard in creating jobs

The one time favorite IT space has lost its sheen as a hot spot for employment and the prospects of job creation has slipped by 46% in the last quarter of 2008 further denting the sentiments post Satyam saga. In the third quarter of 2008, the sector has witnessed a staggering 484% growth, while job … Read more Indian IT sector emerges as laggard in creating jobs

Financial Technologies launches BFX in Bahrain

Financial Technologies India has announced the launch of the Bahrain Financial Exchange(BFX).The BFX regulated by the Central Bank of Bahrain (CBB) has been given approval to list cash and derivatives instruments on multiple asset classes such as currencies, commodities, equity and debt related products for trading and clearing by its brokers. The Exchange will also … Read more Financial Technologies launches BFX in Bahrain

Tata Communications Launches One IP World

Tata Communications Ltd has informed FreePress that it has Launched One IP World, First Interactive Through-Leadership Platform for Evolving IP Landscape. Tata Communications, a leading provider of the new world of communications, announced today the launch of One IP World, the industry’s first thought leadership platform, which Will function as an interactive forum fostering dialogue … Read more Tata Communications Launches One IP World

TCS in a multi-million dollar contract with Ducati

Tata Consultancy Services (TCS), a leading IT services, business solutions and outsourcing firm, has been named technology partner of Ducati Motor Holding Spa, the leading manufacturer of motorbikes and superbikes based out of Bologna, Italy. The company has signed a multi-million dollar, multi agreement with Ducati to deliver technology-based services that will help improve customer … Read more TCS in a multi-million dollar contract with Ducati

Tata Communications’ increases share holding in Neotel

Neotel has announced Tata Communications, currently a shareholder in the first converged communications network operator in South Africa, has acquired the 30% stake previously held by Eskom and Transnet. This has resulted in Tata Communications in association with Tata Africa Holdings becoming a controlling shareholder in Neotel. Ajay Pandey, MD and CEO of Neotel said, … Read more Tata Communications’ increases share holding in Neotel