Archive for the 'Information Technology' Category

Jangoo Dalai resigns rirom Cisco India

Jangoo Dalai resigns rirom Cisco India

BANGALORE: In less than seven months at the helm of Cisco India, Jangoo Dalai has put in his papers as president of its India and Saarc region operations. Jangoo Dalai, who has been with Cisco since last nine years, came in place of Rangu Salgame in November, 2006. Cisco has announced that as an interim move it has appointed Naresh Wadhwa as the president. Cisco India has seen a spate of senior level executives leaving the company in the last several months and it is likely that Mr. Dalai is joining a pre-IPO company.

Ramadorai to say Tata in styled Retains House & Compensation Based On Last Pay

Ramadorai to say Tata in styled Retains House & Compensation Based On Last Pay

TATA Consultancy Services (TCS), which boasts of one of the lowest IT industry attrition rates and the least management churn, has proposed a retirement plan under which CEO and MD S. Ramadorai will continue to draw a monthly compensation based on his last salary. The company will also provide Mr. Ramadorai residential accommodation. Mr. Ramadorai’s current remuneration is around Rs 3 crore per annum. This includes benefits, perquisites and allowances but not provisions such as gratuity and health insurance premium. A bulk of his compensation comes as a commission of Rs 1.6 crore.

Mr. Ramadorai is 63 and has been with the company since 1972. He has grown from an engineer-programmer to the helm of TCS, next only to Ratan Tata, in this period. As with Mr. Ramadorai, most of the TCS management have risen in the ranks and grown with the company’s fortunes. For instance, EVP and global sales head N. Chandrasekaran began his career at TCS and rose to become manager of SEEPZ, before moving onto his current role.

Dell sets up unit for govt, education buyers

Dell sets up unit for govt, education buyers

PC Maker Creates Specialised Product Portfolio for the $500-M Market Growing 50% A Year

PC maker Dell India has set up a new dedicated division and created a specialised product portfolio to tap the $500-million government and education market in the country
“We have formed a new vertical — government and education— to win businesses in the government, public sector enterprises and higher education space. We have also readied the product portfolio, including a full range of laptops and notebooks, X86 servers and projectors. Our Chennai plant, which is on track, would further add to our competitiveness in catering to this market,” said Dell India country head Rajan Anandan.

The government and education market is growing at a CAGR of 50%. According to industry estimates, government and public sector enterprises would account for 20% share of the domestic PC market.

“There is greater IT implementation in PSUs now, the defence IT expenditure is also rising and with the e-governance initiatives taking shape across the country, we see great opportunity in the market,” added Mr. Anandan.

Dell has started providing its products including PCs and servers to the Indian Railways, the Tamil Nadu government undertaking, Elcot and Union Bank of India, it is now looking at enhancing presence in the market and tying up with national and regional system integrators for installation.

The Rs 2,000-crore Dell India witnessed a growth in revenues of over 50% and volume growth of 70%in2006. “While large IT/ITeS companies will continue to provide the largest chunk to our revenues, we have been steadily expanding into other areas. Two quarters ago, we entered the home and small business space. The government and education space is the next opportunity,” said Mr. Anandan.

Dell recently inaugurated its R&D centre in Bangalore, its largest outside its main Austin facility, and a centre of excellence for Dell’s enterprise solutions and products.

According to IDC figures, the domestic IT market docked revenues of Rs 61,761 crore in 2006 and is expected to touch Rs 116177 crore by 2010.

NIC in talks with Google & Yahoo for search engine

NIC in talks with Google & Yahoo for search engine

THE National Informatics Centre (NIC) is in talks with global majors such as Google and Yahoo for improving its search facilities across government websites. NIC, which is part of the ministry of communications and information technology, is a network provider to state and Central governments, and currently hosts over 5,000 websites which offers different search engines.
A need for advanced search engines comes as all data compiled by the government is hosted by NIC. For instance, results of all examinations such as CBSE and civil services, the online mobile phone directory of those customers who are part of the do-not-call registry, birth, death, caste, domicile and residence and land records are all hosted by the NIC.

Currently, the government-owned body has a tie up with Netscape for some search engines. While NIC builds some search engines, others are built by private companies at a cost or NIC or the ministry to which the site belongs picks up an open source.

Confirming the development, a senior official in the NIC said: “NIC is exploring the market for better search engine technologies”. With improved search engines, NIC wants to bring about greater speed and intelligence content. “We are examining what Yahoo has to offer, and so far Google only supplies search engine hardware outside the country. We are asking Google if they would consider selling their products in India,” the official said.

A source in the ministry said that while the search engines provided by Netscape was working fine, the platform was basic in nature. “The agreement with Netscape is working fine, but new advanced search engine technologies are being explored for which talks are on with both Yahoo and Google for its development,” the source said. Once the terms are settled, NIC will move to this new platform. The next step will be to migrate all NIC’s existing applications to work on the new search engines.

Buddha woos Infosys with dirt-cheap prim plot

Buddha woos Infosys with dirt-cheap prim plot Offers 100 Acre Near Kolkata At Rs 15-20 Lakh Per Acre For Setting Up Campus
THE Buddhadeb Bhattacharjee government appears determined to get infosys to West Bengal at any cost. It has just offered a prime 100 acres plot to Infosys Technologies at a rock bottom Rs 15-20 lakh per acre at Kalyani—some 60 km from Kolkata. The plot, which belongs to the state government, has been offered for setting up Infosys software campus.

But “Infosys is yet to respond to the state government’s latest land offer,” sources in the state IT department said. The state government’s latest overtures follows West Bengal Industrial Development Corporation’s failure to acquire land in the Vedic Village area (on Kolkata’s eastern fringes), which was to be the original site of the Infosys software campus.

A senior bureaucrat at Writers Buildings close to negotiations with Infosys said: “Senior Infosys officials were recently in Kalyani to check out the 100-acre plot offered by the West Bengal government. Infosys is yet to respond officially to the government’s offer of Rs 15 lakh per acre.”

The latest offer at Kalyani is sharply below the stiff Rs 1.8-crore per acre price tag in the state’s showpiece IT complex at Rajarhat.

The Kalyani plot belongs to the state government and is ready for possession. It will also be available at a fair price which should surely suit Infosys,” the state government official said. It is well known that the likes of Wipro and Infosys had expressed reservations about high land prices at Rajarhat over a year ago, which is what prompted the state government to look for cheaper land in the Vedic Village area to accommodate Wipro, Infosys and even ETC InfoTech. But ever since the land war broke out in Singur and Nandigram, fresh land acquisitions, including some 800 acres in Vedic Village, have been put on hold.

When contacted, senior WBIDC officials said: “All land acquisitions (including the 800 acres at Vedic Village) have been put on hold in the backdrop of Singur and Nandigram developments. Things are unlikely to move unless all political parties reach a consensus on the farmland acquisitions for industrial ventures.”

It may be recalled Infosys had announced plans to create at least 5,000 IT/ITeS jobs in Kolkata by investing in a software development centre cum BPO facility. WBIDC is supposed to acquire 800 acres in Rajarhat for IT ventures of which 100 acres to be ear-marked for Infosys. However, both the state IT and commerce & industry department officials are tight-lipped about this latest move to offer land to Infosys at Kalyani.

West Bengal IT minister Debesh Das told ET: “It’s true we haven’t been able to offer land to Infosys near Vedic Village. We are looking for an alternative location to offer 100 acres to Infosys. We have big plans to develop Kalyani into a major IT destination.”
State IT secretary Siddharth said: “We are in constant touch with Infosys and they remain keen as ever to invest in West Bengal.”

ONGC scouts for global partners to take on Reliance in Nelp VII

ONGC scouts for global partners to take on Reliance in Nelp VII

INDIA’S largest public sector enterprise Oil and Natural Gas Corporation (ONGC) is in talks with global energy giants such as British Petroleum, BG Group, Brazil’s federal energy company Petroleo Brasileiro (Petrobras) and ENI of Italy to jointly bid for blocks proposed to be offered under the New Exploration and Licensing Policy (Nelp). The government plans to offer 70 blocks covering around three lakh square kilometers in the seventh round of Nelp in August.

The ONGC consortium will go head-to-head with Reliance Industries (RIL), which has been an aggressive and successful bidder. The Mumbai-based firm is likely to team up with US energy major Chevron Corp for the bids.

During Nelp VI, the government attracted 16 5 bids for 5 5 blocks on offer with ONGC and RIL bagging most of the lucrative deepwater blocks. ONGC walked away with 24 blocks and while seven blocks were awarded to RIL.

“We are in talks with global players such as BP, Petrobras and ENI for jointly submitting bids in Nelp VII. We will decide on the blocks at the last moment. We are also in talks with some of these firms to jointly develop our recently discovered gas block in the KG basin,” ONGC director-offshore N K Mitra told ET.

For ONGC, tie-up with a foreign firm’ is essential as BE BG, ENI and Petrobras have expertise in deepwater exploration and ONGC often seeks their help in searching for hydrocarbon reserves in the deep waters of India. Some of the recent discoveries by RIL, GSPC and ONGC have brought the KG basin in the global hydrocarbon map with global players keen to bid for blocks in the hydrocarbon rich basin. ONGC plans to double its hydrocarbon reserves to 6 billion tonne of oil and oil equivalent gas (O+OEG) and plans 4 billion tonne to come from deep waters.

ONGC holds 57.2% of the country’s total hydrocarbon acreage and contributes 84% of India’s domestic oil and gas production. However, ONGC has been unsuccessful in finding any major discovery in the last many years. Its recent gas discovery in the KG basin has not yet been approved by the government.

India imports about two-thirds of its crude oil requirement. Exploration and production (E&P) of oil and gas is critical for India’s energy security and economic growth. India’s share is a meagre 0.5 % of global oil reserves of 1,189 billion barrels, while it consumes 3.2 % of global oil consumption every year. The growing demand for crude oil and gas in the country and policy initiative of the government towards increased E&P activity, have given a great impetus to the Indian E&P industry raising hopes of increased exploration. The efforts have resulted in a number of oil and gas discoveries in India and have changed the perception and prospects of the Indian sedimentary basins and the focus on Indian E&P Industry.

Nelp VII, will be the last round under Nelp bidding policy and is likely to witness one of the most fierce competition in the sector as the government is planning to move to Open Acreage Licensing Policy (OALP), which gives companies a round-the-year window to pitch for oil and gas in blocks of their choice.

ONGC and RIL have also been discussing with the government to allow them to bid for the 10 blocks relinquished by them in the past two years. The Directorate General of Hydrocarbons (DGH), the upstream regulator, has proposed that ONGC and RIL be barred from bidding for the 10 blocks for not fulfilling the minimum work programme. The blocks were won by the companies in earlier rounds but were taken away after the government discovered that they had not completed the minimum work programme.

An interesting part of the Nelp VH bidding will be the three pre-Nelp Krishna Godavari (KG) basin blocks, earlier owned by ONGC and in which BG was offered joint operator ship through international competitive bidding in 2005. The companies had to surrender the blocks after the DGH said that they had not done the work programme within the stipulated time.

While ONGC-BG will bid for these blocks again, it will also draw interest from host of other players including RIL. The government is now examining the option of giving ONGC-BG a chance to match the highest offer of any other bidder after hectic lobbying by the companies and the government-appointed investment commission.
GAIL India (GAIL) is gearing up to team with overseas mid-sized firms from Canada, US, UK and Australia. Anil Ambani-owned Reliance Natural Resources (RNRL) has also shown keen interest in Nelp VII round and is also believed to have sounded out some international firms. About 36 companies from 17 countries participated in the Nelp VI round of bidding.

Dell sets up unit for govt, education buyers

Dell sets up unit for govt, education buyers

PC Maker Creates Specialised Product Portfolio for the $500-M Market Growing 50% A Year

PC maker Dell India has set up a new dedicated division and created a specialised product portfolio to tap the $500-million government and education market in the country
“We have formed a new vertical — government and education— to win businesses in the government, public sector enterprises and higher education space. We have also readied the product portfolio, including a full range of laptops and notebooks, X86 servers and projectors. Our Chennai plant, which is on track, would further add to our competitiveness in catering to this market,” said Dell India country head Rajan Anandan.

The government and education market is growing at a CAGR of 50%. According to industry estimates, government and public sector enterprises would account for 20% share of the domestic PC market.

“There is greater IT implementation in PSUs now, the defence IT expenditure is also rising and with the e-governance initiatives taking shape across the country, we see great opportunity in the market,” added Mr. Anandan.

Dell has started providing its products including PCs and servers to the Indian Railways, the Tamil Nadu government undertaking, Elcot and Union Bank of India, it is now looking at enhancing presence in the market and tying up with national and regional system integrators for installation.

The Rs 2,000-crore Dell India witnessed a growth in revenues of over 50% and volume growth of 70%in2006. “While large IT/ITeS companies will continue to provide the largest chunk to our revenues, we have been steadily expanding into other areas. Two quarters ago, we entered the home and small business space. The government and education space is the next opportunity,” said Mr. Anandan.

Dell recently inaugurated its R&D centre in Bangalore, its largest outside its main Austin facility, and a centre of excellence for Dell’s enterprise solutions and products.

According to IDC figures, the domestic IT market docked revenues of Rs 61,761 crore in 2006 and is expected to touch Rs 116177 crore by 2010.

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Infosys to launch Finacle as service offering

Infosys to launch Finacle as service offering

THE country’s second largest software exporter Infosys is planning to launch its universal banking solution Finacle as a service offering along with its other products to expand its market reach.

“We have been evaluating the option of offering Finacle as a service. Currently, we are in the process of validating market demand and “formalising our strategy across geographies for such an offering,” Finacle vice-president business head Merwin Fernandes told FIT.

Technically, the company is already capable of offering Finacle in SaaS (software-as-a-service) model, he said adding, announcement to this effect would be made at an appropriate time. SaaS is a software distribution model in which applications are hosted by a vendor or service provider and made available to customers over a network, typically the internet.

However, he said, this offer would be made available only with large deal size.

Finacle platform offers core banking, e-Banking, treasury, wealth management, CRM, and cash management requirements of retail, corporate and universal and banks worldwide solutions, he said.

Talking about growth, Fernandes said, last year Infosys Finacle added 12 new clients to reach a total of 91, out of which around 37 banks were part of top 1,000 global banks.
In 2006-07, Finacle registered revenues growth of 45% at $118.91 million and had been maintaining a CAGR growth of 58%.

Infosys Finacle recently bagged an order from Bahrain-based Bahraini Saudi Bank (BSB) for replacement of its legacy core banking solution.

Quoting a survey, Fernandes said core banking replacement market is estimated to grow from $13.9 billion in 2004 to over $34 billion by 2010.

The Middle East is a key contributor to this growth as banks in the region are increasingly investing in the IT infrastructure to compete with local and foreign competition, Fernandes said, adding that it is one of the fastest growing markets among the targeted geographies.

Finacle addresses key banking issues in the region like legacy systems, emerging regulatory requirements, enhanced security and data protection, risk management and stria legal and religious laws on banks (Islamic Banking), he said.

Patni appoints Stones as VP

Patni appoints Stones as VP

NEW DELHI: Global IT services provider Patni .Computer Systems on Monday announced appointment of Brian Stones as executive vice-president for its European operations. “We are witnessing a strong growth with tremendous opportunity in Europe and hence significant investments are being channeled to strengthen our operations in the region,” Patni Computers COO Atonal Sattawala said in a statement.

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