Monitor

GE's digitised initiative

CHENNAI: The General Electric Company (GE) has launched GE Global Technology Solutions, a new software business in India to support the digitisation initiatives of key GE business worldwide. The new company will mainly provide software services to the GE Aircraft Engines and GE Appliances business globally and will be based in Bangalore. The company will recruit up to 300 IT professionals who will specialise in developing advanced software solutions in the area of legacy technologies, client server technologies, E-commerce solutions and ERP, according to a release.

Lisletech ties up with X-Lab

BANGALORE: The U.S. headquartered Lisle Technology partners, Lisletech, with a fully owned subsidiary and a profit centre in Bangalore, has announced a strategic tie up with X-laboratories, for core technology development. Lislietech is a leading advanced technology development firm while X-Laboratories is a technology operating company which filters, develops and commercialises core technology identified at major research labs and other government and private facilities. The project would be executed, in part, out of Lisletech's development centre at Bangalore, a company release said here.

- PTI

IndiaEngineering's first global auction

CHENNAI: IndiaEngineering.com, a procurement and asset disposal exchange recently concluded the first ever global synchronous- telebid internet onsite) auction in association with GoIndustry.com for Planet Times, Hyderabad. It provided solutions for disposal of assets of Planet Times by conducting an online global synchronous TIO auction event. The auction is worth Rs. 1.65 crores.

Smartcc.com's prepaid cash card

CHENNAI: Smartcc.com, the Bangalore based company offering Internet payment solutions, has introduced `green', the pre-paid cash card for the Internet. In the introductory phase, it will be available in denominations of Rs. 100, 250 and Rs. 500. It is available in Chennai across a vast array of retail outlets. It can be used as a payment option in nine sites in India which offer online shopping. These are bargainsbazar.com, buyasone.com, 9 cheers.com, fabmart.com, lexsite.com, malamall.com, musicworld4u.com and rediff.com.

Telecom meet in Hong Kong

NEW DELHI: Hong Kong has been chosen to host Asia's most important telecom meeting in 2002 to be organised by the prestigious International Telecom Union (ITU). An MoU to this effect was signed between the ITU and the Chinese Government which will host the exposition.

- Our Special Correspondent.

Ajay Mohan to head Borland India

NEW DELHI: Borland Software Corporation, active in e-business implementation platforms, has announced the appointment of Mr. Ajay Mohan, as its country head. Mr. Mohan will be responsible for overseeing its enterprise software solutions, development tools and services businesses.

- Our Special Correspondent.

Send this article to Friends by E-Mail

Section  : Business
Previous : Brightstar buys another 14,000 shares of VST