Technology Sector

India’s Xbox 360 Boss ‘Mohit Anand’ Quits Microsoft

Aiming to achieve his big ambitions, Mohit Anand, Entertainment and Mohit AnandDevices manager fo

Airtel Rolls Out M-Commerce Solutions Together With Leading Banks

Leading telecom service provider, Bharti Airtel has rolled out various Bharti AirtelM-Commerc

Tata Comm To Invest $500 Mn To Set Up WiMax Venture

Tata Communications has made announcement that it would invest aroundTata Communications $

Small & Med IT Enterprises Dissatisfied With Budget

P.ChidambaramAfter the declaration of the national budget for 2008-09, small and medium IT enterprises get disappointed, as there is not much scope to enhance growth prospects of the IT industry.

The National Association of Software and Services Companies (Nasscom) showed extreme distress as Finance Minister P. Chidambaram did not remark on extending the Software Technology Parks of India (STPI) scheme.

The STPI scheme that offers up tax exemptions for the IT industry expires on March 31, 2009.

Infosys Opens First Mexican Development Centre, Stock Up 4%

Information technologyInfosys Technologies Ltd (IT) company Infosys Technologies Ltd ha

Mindteck Acquires US-based Consulting Firm For $ 21 Mn

Mindteck (India) Ltd, a global technology and IT services company has announced that the company has acquired US-based Infotech Consulting for USD 21 million. 

Infotech Consulting, a multi-disciplined technology services firm based in pennsylvania, US with estimated revenue of $31 million as of December 31, 2007, employs over 250 people in the US. The company has a large commercial and governmental customer base and significant expertise in Business Application Consulting (BAC), and Security Infrastructure and Managed Services (SIM),

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