Information Technology
Most technology stocks in losers' list
IN yet another gloomy week for the information technology, media and telecom triad, both the frontline and second rung stocks from these sectors continued to be spurned at the bourses. While the 30-share Sensitive Index remained flat with a mere 0.39 per
cent appreciation, the broadbased BL-250 Index shed 1.17 per cent. The depressed state of the technology sector was reflected in the BL Technology Index which dipped by 11.5 per cent during the week. Both the industry sub-indices were languishing in the
negative terrain, with the Computer Hardware and Office Equipment Index declining by 18.4 per cent, while the Computer Software Index shed 13.2 per cent.
Steel trading portal launched
PYXIS Technology Solutions Ltd, part of Pyxis Technology Inc, has launched steelexchangeindia.com, an online forum for the steel industry.
Geometric sets up new unit at Pune
GEOMETRIC Software Solutions Co Ltd, a provider of software applications for the engineering sector, is in talks with three key players in Japan for a long-term relationship.
Questions on deep-linking
TRY recalling your last visit to a household appliances exhibition-cum sale. There, you probably saw a hundred others, who like you, comprised the target market for all those vast hoardings, sale announcements blaring from loudspeakers, and each stall ve
ndor flaunting his ware. At the entry point, you probably got a brochure that gave a general idea of what is available at the venue.
KaNini gets first round of angel funds
CHENNAI: KaNini Consultants Pvt Ltd, a Chennai-based Web and multimedia company, has finalised the first round of funding of Rs. 50 lakhs from Surya Soft Cap Man Private Ltd, a Bangalore-based investment company.
Netripples ties up with Bowne Global
HYDERABAD: The Hyderabad-based Netripples.com Software Ltd, an e-commerce solutions provider, has entered into a strategic alliance with Bowne Global Solutions, a unit of Bowne & Co Inc, to mutually share technical resources and services to addr
ess e-commerce business opportunities.
Tenet India sets up US subsidiary
BANGALORE: Tenet India, a Bangalore-based convergence solution provider has announced the setting up of its US subsidiary, Tenet Technologies Inc.
TCS Hyderabad gets CMM Level 5
HYDERABAD: Tata Consultancy Services (TCS), Hyderabad, has been assessed to Level 5 of Software Engineering Institute's (SEI) Software Capability Maturity Model (CMM). This is the eighth TCS centre in India to be assessed at this level.
