Technology Sector

Hexaware Revamps Biz Structure

Hexaware Revamps Biz StructureIT services firm Hexaware Technologies has appointed new heads for its business units and has strengthened its organisational structure and the management team.

The software exporter shall now focus on three specific business areas, banking, financial services and insurance (BFSI); travel and transportation; and Emerging verticals.

The Emerging verticals unit will concentrate the manufacturing and healthcare areas and the existing non BFSI and non travel and transportation activities at one place, for better management.

Holes Punched In Font By Dutch Company In Order To Save Ink

A new font has been developed by a Dutch company, which had been long looking for ways to reduce the environmental costs of printing.

According to the company, the new font cuts ink usage by about 15 percent. Basically the new font, dubbed as "Ecofont" has little holes in the letters.

The font was designed by Spranq, the Utrecht-based marketing and communication company, which struck on a Swiss-cheese design after failures with the earlier experiments using thin letters and partial letters - like the stripes of a zebra.

Company co-founder Gerjon Zomer said, "It turns out that it's necessary to preserve the size and outline of the letters to keep them readable."

PM Stresses On The Role Of Technology In Supporting Counter Terrorism

PM Stresses On The Role Of Technology In Supporting Counter Terrorism  The role of technology in supporting the counter terrorism and internal security efforts was highlighted today by the Prime Minister Dr Manmohan Singh.

CDI To Release Animation Film On Soccer Before Fifa World Cup In 2010

CDI To Release Animation Film On Soccer Before Fifa World Cup In 2010The Chandigarh-based Compact Disc India (CDI), an integrated media and entertainment company, said it will invest $63 million (Rs 309 crore) for animation feature film and multi platform gaming.

The board of directors has approved the budget of $63 million.

Satyam Computers' Controversial Announcement Of Maytas Deal Under Probe: Govt

Satyam Computers' Controversial Announcement Of Maytas Deal Under Probe: GovtSatyam Computers' controversial decision to buy two group-promoted companies and then reversing the deal within a few hours under pressure from investors may have put them in a soup as the government is understood to have ordered a probe to look into whether the company violated any corporate governance laws while entering into such a deal involving shareholders money.

Yahoo Buys 30% Stake In Indian Firm

Yahoo Buys 30% Stake In Indian Firm The global search engine and news portal, Yahoo Inc acquired 30% stakes in Info Network Management Company (INMAC). INMAC is a Chennai-based tele-information service provider known for phone directory search service 'Call Ezee', which is available across 14 cites in India. It is 24x7 tele-information provider that handles about 10,000 calls per day and provides 24-hour helpline for medical emergencies.

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