Technology Sector

Tech Mahindra Opens Sixth CoE In UK

Tech Mahindra Opens Sixth CoE In UK With the intention to cater to an increasing European and North American clientele, Tech Mahindra, India's sixth largest software exporter, has opened up its sixth centre of excellence in South Tyneside, UK.

The provider of solutions and services to the telecommunications industry has invested £3 million invested during phase-I of the project, while another £2 million will be invested during phase-II.

The new centre would generate 500 new jobs over the next three years.

Bharti Teletech Signs Distribution Pact With Transcend Information

Bharti Teletech Signs Distribution Pact With Transcend InformationBharti Teletech, one of India's leading manufacturers and distributors of telecom & allied products, has signed up a strategic pact with Transcend Information Inc., a leading global player in the Memory accessories business.

Under the deal, Bharti Teletech will sell and distribute the complete range of Transcend products in the Indian market.

Transcend will be able to leverage Bharti Teletech’s wide retail network of more than 36000 retailers spread across 3600 Towns in the country.

Siemens quits Fujitsu computing joint venture

SiemensMunich - German electronics company Siemens AG Tuesday finalized plans to quit computer producer Fujitsu Siemens Computers.

Joint venture partner Fujitsu will take over Siemens' 50-per-cent share for a price of 450 million euros (567 million dollars), the company formally announced.

Fujitsu Siemens Computers was founded in 1999 to integrate the firms9 personal computer and server businesses in Europe. The joint-venture contract was due to run out next year.

Govt nod for ‘Protection and Utilisation of Public Funded Intellectual Property Bill’

The government has decided to enact a legislation relating to the protection and utilization of Intellectual Property in the Public Funded Research and Development.

The bill titled ‘Protection and Utilisation of Public Funded Intellectual Property Bill 2008’, intends to allow public sector R&D organizations to commercialize their inventions and share their profits with the inventor.

The draft Bill, similar to the United States’ Bayh-Dole Act in the US, will encourage research in state-funded laboratories.

HCL Infosystems gets multi-year contract from Delhi Police

HCL Infosystems LtdHCL Infosystems, India's premier information enabler and leading ICT System Integrator, has received a multi-year contract from Delhi Police to provide solutions and technologies that would enable the police force to access automated information.

The company quoted that it has modernized the police control room through ICT as part of the contract.

The control room consists of multimedia contact centre, and has the ability to track all PCR vans fitted with GPS devices and to coordinate their movements.

Global Recession Hits Karnataka's IT Industry

Indian IT hub, Bangalore is also facing the heat of the global recession. The IT industry of state of Karnataka has suffered 5 percent decline in manpower utilization.

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