Taking cue from the growing opportunities on cloud computing platform, Financial Technology company Polaris Software Lab has launched its first Financial Technology Grid to offer services in banking domain. Polaris Software Lab has partnered with IdenTrust and largest information technology major IBM to offer this service, a release said. FT Grid is the largest clo
The Supreme Court is likely to start tomorrow the final hearing on the high profile Rs 11,000 crore tax dispute between telecom major Vodafone and the I-T Department-- a development that corporate India has been keenly watching. A three-judge bench headed by Chief Justice S H Kapadia is expected to start hearing the case immediately after concluding its hearing on a petition over
Finance Minister Pranab Mukherjee today said the government will soon take up a pilot project on the basis of recommendations of the Technology Advisory Group for Unique Projects (TAGUP) on various IT-intensive projects. "My ministry wants to create an IT platform to benefit the people. The task force, headed by Nandan Nilekani, was formed for the purpose. It has given a pre
Software major TCS will sign an MoU with Kerala Government tomorrow for setting up of a Rs 1,000 crore Global Training Academy in Thiruvananthapuram. The proposed academy will be the largest TCS centre in the country with training and accommodation facilities for about 10,000 to 15,000 professionals, a release from Kerala State Industrial Development Corporation (KSIDC) said on F
The nation`s largest lender State Bank of India gas launched an `Innovation Lab` at its headquarters to better serve its large millions of its clientele and to increase the efficiency of its 2.3 lakh staff. The lab will provide a platform for checking out new ideas, where the hardware, software, connectivity with the banks` core banking solution etc are available for running pilo
IT company Capgemini on Monday announced appointment of Anish Sarkar as the Head of consulting for India. Sarkar will be responsible for driving the consulting business for the domestic India market and growing Capgemini`s India consulting unit. Anish is a Capgemini India veteran and IIM Calcutta alumnus. Prior to this new role, Anish was Global Sales Officer for Capgemini India
Residency Projects & Infratech (RPIL) on Monday said it has acquired BonVoyage.in, a Bangalore- based online travel portal for an undisclosed amount. The company has acquired a 100 per cent stake in BonVoyage.in, which is being merged into its fully owned subsidiary, Valuemart Travel Solutions Private Ltd, RPIL said in a filing to the Bombay Stock Exchange (BSE). "With
Within days of hiking charges for pre-paid mobile services, Bharti airtel has said that tariffs have "stabilised" but raised concerns over regulatory uncertainties. "Tariffs have stabilised ensuring return of reasonable growth for us," Sunil Mittal, the Chairman and Managing Director of India`s largest telecom operator airtel, said in his message to s
To curb practice of downloading of games and audio-videos, surfing social networking sites and watching live matches, the government of Rajasthan has asked its employees to refrain themselves from such practices terming it as "misuse of government resources". "The government has issued a circular warning the employees of all departments that internet connection wil
Google Chrome has become the third most popular web browser globally, with one in five users preferring it as it covers 20.65 per cent of market share. Just three years since its launch, the programme is soon expected to overtake Firefox, and then become a serious competitor to Internet Explorer, which despite a 43 per cent share, has been hit by security problems in recent months, web metrics
Telecom Minister Kapil Sibal has asked the Defence Ministry to vacate spectrum as per the MOU signed between the two and is likely to take the matter to empowered Group of Ministers for resolving this and all other outstanding issues. Sibal has written a letter to Defence Minister A K Antony for early vacation of spectrum as the same is required for expansion of mobile telephony.
Department of Telecommunication is preparing to send National Broadband Plan (NBP) for cabinet approval by end of this month. "We are hoping that by end of August, we should be able to place the matter (NBP) before cabinet," R Chandrashekhar, secretary, DoT told PTI. DoT has circulated a note on NBP to government departments for their comments. It is expecting to get th
Indian IT major HCL Technologies on Monday informed UK`s Home Affairs Committee that it was aware of the deletion of hundreds of thousands of emails at the request of Rupert Murdoch`s News International between April 2010 and July 2011, but said it was not responsible for the deletion. In a letter to committee chairman Keith Vaz, the HCL revealed that it had been involved in nine
Malaysia on Monday launched an amnesty programme for about 1.2 million illegal foreign workers, but labour groups have demanded its suspension arguing that a simultaneous exercise to register legal expatriates via biometric system is riddled with problems. "To carry out both exercises in parallel is a massive task which the authorities are unable to handle," Malaysian
Lenovo India on Saturday introduced one of India`s first desktop personal computer with the rupee symbol on its keyboard, compatible with Microsoft softwares. "The Rupee symbol highlights India`s critical role in the global business landscape. Lenovo is proud to be one of the first PC players in India to launch Microsoft software compatible rupee ready keyboards," Rahu
The humble Indian post office is all set to undergo a radical change with a proposal to convert over 1.5 lakh post offices across the nation into full fledged banks on the anvil. Indian Telecom Minister Kapil Sibal wants to reach out to the masses in the rural areas with modern banking facilities through the post offices. "We want to commercialise the department. We will see
A government-funded mobile friendly website has been launched on Saturday to create consumer awareness about various brands of medicines, their manufacturers, composition and comparative prices in the market. The mobile website has been developed by Delhi-based Vinod Kumar Memorial Charitable Trust with funds of Rs 20 lakh by the Consumer Affairs Ministry. "Th
An Indian-origin scientist -led team in the US has packaged lithium ion batteries into a single nanowire, which they claim could soon be a rechargeable power source for new generations of nanoelectronics. Prof Pulickel Ajayan and colleagues at Rice University claim their creation is as small as such devices can possibly get, in their research published in American Chemical Societ
The recent spate of scandals like 2G scam in telecom and Common Wealth Games (CWG) has not only tarnished the `brand India` image but also impacted the FDI flow in the country, says IT & Communications Minister Kapil Sibal. "...we have got only USD 25 billion FDI this year. It`s a fall of fairly substantial percentage but I think it is a temporary phase," he told PT
Easy and affordable access of Information and Communication technology (ICT) to SMEs would help them in exploring new markets globally, a senior government official said on Friday. "ICT is an enabling tool for any small and medium enterprises (SMEs). The moment you use ICT, you can reach out to large markets," Additional Secretary in the Department of Information Techn
