Monsoon continues to remain a worry even as IMD sticks to its forecast

India’s southwest monsoon, largely responsible for irrigating most of the kharif crop that is under sowing now, continues to remain a cause of concern for the government. The situation has started to play out with the Jharkhand government declaring drought in four districts. Manipur government has already declared drought in the whole state. The government … Read more Monsoon continues to remain a worry even as IMD sticks to its forecast

Indiabulls Power plans to enter the capital market – Stay Away

Indiabulls Power,a 100% subsidiary of Indiabulls Real Estate is considering for an initial public offer (IPO) to mop up about Rs 1,500 crore, intended to fund its three upcoming power projects in Maharashtra and Chhattisgarh. The company is most likely to come up with an initial public offer in August this year and will offer … Read more Indiabulls Power plans to enter the capital market – Stay Away

AxSTREAM – Software for effective axial/radial turbomachinery design

DesignTech Systems in association with SoftIn Way had held a Technology show at The Park Bangalore for Leveraging Technology for Efficient Turbo Machinery Designing. DesignTech Systems Ltd supports AxSTREAM, leading Software for effective axial /radial turbomachinery design in India. The key benefits of AxSTREAM are, LP turbine conceptual design in a week rather than two … Read more AxSTREAM – Software for effective axial/radial turbomachinery design

Tata Communications bags deal from Sistema System TeleServices

Tata Communications, a leading provider of a new world of communications, has bagged a deal from Sistema System TeleServices (SSTL), a pan-India Mobile license holder to deploy its on demand hosted contact center (InstaCC) services for all SSTL circles across India. This will allow the telco to move from capex to opex model. Sistema System … Read more Tata Communications bags deal from Sistema System TeleServices

PC + Laptop sales take a beating during the last fiscal: MAIT

Personal computer (PC) sale has dropped 7% for the first time owing to the ongoing economic downturn during the last fiscal. The total PC sales in the last fiscal stood at 67.9 lakh units, a decline of 7% over the previous year 2007-08, according to data compiled by the Manufacturers’ Association for Information Technology (MAIT). … Read more PC + Laptop sales take a beating during the last fiscal: MAIT