Technology Sector

Social Networking Grows 45% In France In Dec 2008 - Comscore

Social Networking Grows 45% In France In Dec 2008 - ComscoreComScore, a global leader in measuring the digital world, has released a report on the top social networking sites in Europe, with a particular focus on France, based on data from the comScore World Metrix audience measurement service.

According to study, around 22 million French Internet users visited at least one social networking site during December 2008, reaching 64% of the whole French Internet viewers.

Comscore Report: India’s Social Networking Market Surges 51% In Dec 2008

Comscore Report: India’s Social Networking Market Surges 51% In Dec 2008ComScore, a leader in assessing the digital world, today released a report on the top social networking sites in India.

The report said that visitation to the site group grew 51% from the previous year to over 19 million visitors during December 2008.

According to report, global social networking brands continued to gain status in India in 2008, with Orkut, Facebook, hi5, LinkedIn and MySpace each witnessed significant increases in visitation.

Infosys Sets Up ‘Science Foundation’; Announces Prize To Promote Research

Infosys Sets Up ‘Science Foundation’; Announces Prize To Promote Research With the intention to promote scientific research for the development of India, Software giant Infosys Technologies has made announcement about the launching of ‘Infosys Science Foundation’ on Tuesday.

Infosys Science Foundation, a not-for-profit trust, will encourage research in sciences and accolade exceptional inputs and achievements by Indian people.

The foundation has been funded with a corpus of Rs 21.5 crore contributed by the eight board members of the company.

Cisco To Help Network B'lore; Signs MoU With Karnataka Govt

Cisco To Help Network B'lore; Signs MoU With Karnataka GovtAs part of its worldwide Intelligent Urbanisation initiative, Cisco Systems has signed up a memorandum of understanding (MoU) with the government of Karnataka to launch ‘Intelligent Bengaluru’ pilot project in the city.

Under the MoU, the project launched by the state government and networking giant will focus on global sustainable solutions for public safety and security, transportation, buildings, power distribution, energy utilization, health care, education and environment conservation.

Mold Tek inks pact for acquisition of RMM Global

Mold Tek inks pact for acquisition of RMM GlobalMold Tek Technologies Ltd, a leader in Engineering and Packaging services, has entered into a 'Asset Purchase Agreements' for acquisition of Assets and Business of RMM Global, Ohio, UAS and its associate Company TechNet Engineering Services Pvt. Ltd., Mumbai for a total Sales consideration of US$700,000.

It may be noted that RMM Global and TechNet are well established in providing Structural Steel Detailing Services for last 8 years for their Clients in USA.

Tata Communications to pump $430 million; Stock neglects move, dips 2%

Tata Communications to pump $430 million; Stock neglects move, dips 2% India's Tata Communications, a leading provider of a communication infrastructure, has revealed its USD 430 million strategic investment plan for Asia Pacific (APAC) region.

The investments include developing the Tata Communications Exchange, a new world-class Internet Data Center (IDC), and the completion of the main segment of its TGN-Intra Asia Cable System.

It may be noted that, these investments are key part of the company's $2 billion expansion plan over three years to enhance its global infrastructure.

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