Aircel awards multi-million-dollar contract to Telcordia

June 29th, 2009 NEW DELHI - Telcordia, a global communication software service provider, Monday said it has bagged a five-year multi-million dollar contract from Unitech Wireless to manage its database of pre-paid customers. "We have been awarded a five-year multi-million dollar contract by Unitech for implementing our 'real-time charging solution'," Anuj Kapur, country head Telcordia, told IANS Monday.

March 24th, 2009 MELBOURNE - Bangalore-based software giant Infosys will pick up most of IBM Global Services' multi-million dollar applications support contract with Australian software giant Telstra, after the latter's deal with the former was scrapped following TELCO reducing its outsourcing partners from four to two. According to The Australian, the decision to shift from IBM to Infosys could result in hundreds of job losses locally and in Bangalore, where IBM operates outsourcing centres.

September 2nd, 2009 MELBOURNE - Qantas has praised outsourcing partner Mahindra Satyam's performance despite the latter being embroiled in a much-publicised billion-dollar accounting scandal. According to Australian IT, Qantas corporate services and technology executive manager David Hall said despite the fraud saga, Satyam continues to service the Flying Kangaroo.

September 17th, 2009 Globecomm Systems gets $3.7 million gov't contractHAUPPAUGE, N.Y. — Satellite-based telecommunications company Globecomm Systems Inc.

January 13th, 2009 NEW DELHI - IT solutions provider NIIT Technologies Wednesday said its net profit dipped 52 percent to Rs.16.8 crore (Rs.168 million/$3.36 million) for the third quarter ending Dec 31 from Rs.34.7 crore (Rs.347 million/$6.94 million) in the same period last year. However, the company's revenues rose six percent to Rs.248.5 crore (Rs.2.49 billion/$480 million) for the quarter, as compared to Rs.233.8 crore (Rs.2.3 billion/$460 million) in the same period last year, a company statement said.

August 12th, 2009 Computer Sciences receives $50M Air Force contractFALLS CHURCH, Va. — Information technology company Computer Sciences Corp.

March 17th, 2009 Telstra cancels 32 m dollar deal with Satyam MELBOURNE - Australian software major Telstra has dumped scandal-ridden outsourcing partner Satyam from an applications support contract believed to be worth 32 million dollars a year. EDS will pick up the embattled Indian outsourcing firm's IT contracts with Telstra, sources told The Australian.

February 16th, 2009 BANGALORE - Infosys Technologies Tuesday said it has instituted a Rs.5-million (Rs.50 lakh) award each for five top Indian scientists in recognition of their outstanding research contributions and achievements. The five awards will be given annually under the aegis of Infosys Science Foundation, a non-profit trust set up with a corpus of Rs.210.5 million (Rs.21.5 crore), the software major said in a statement here.

February 8th, 2009 BANGALORE - Tata Consultancy Services (TCS) will design and develop the next-generation fighter jet Gripen for the Swedish aerospace major Saab, a senior official of the IT bellwether said here Monday. Saab, whose strike fighter Gripen is in race for the Indian Air Force (IAF) order to induct 126 medium multi-role combat aircraft (MMRCA) in its fleet, has set up an aeronautical design and development centre with TCS in Bangalore for the multi-million, multi-year contract.

July 24th, 2009 Dollar mixed on disappointing earningsNEW YORK — The dollar rose against the pound but slipped versus the euro Friday after Microsoft Corp. and Amazon.com Inc.

June 9th, 2009 Webby winners take awards with 5-word speeches NEW YORK — Who needs Twitter's 140 characters? Five words were enough for the winners at the 13th annual Webby Awards ceremony, where Biz Stone, co-founder of Twitter, took the prize for breakout of the year. Sticking to the Webbys' tradition of acceptance speeches limited to just five words, he said: "Creativity is a renewable resource." Also at Monday's ceremony, "Family Guy" creator Seth MacFarlane was honored for his Web series "Cavalcade of Cartoon Comedy." Said MacFarlane: "What is this for again?" Arianna Huffington, whose Huffington Post won for best political blog, said: "I didn't kill newspapers, OK?" Jimmy Fallon, cited for using the Internet to flog his taking over NBC's "Late Night," said: "Thank God Conan got promoted." On the Net: www.webbyawards.com

June 5th, 2009 AP: Compuware CEO Karmanos compensation dips NEW YORK — Mainframe software maker Compuware Corp.'s chief executive, Peter Karmanos Jr., was awarded compensation for fiscal 2009 valued at $4.2 million, down 29 percent from a year earlier, according to an Association Press calculation. Karmanos, 66, received a salary of $1.2 million, up from $1.05 million a year earlier.

September 30th, 2009 MUMBAI - Anil Ambani-led Reliance Communications Wednesday said it has entered into a strategic alliance with Microsoft to offer Windows Mobile solution on its wireless networks. As per the agreement, Microsoft will offer solutions like push email support, chat, photo-sharing, content back-up and other applications to Reliance customers.

May 6th, 2009 BANGALORE - Wipro Technologies has bagged an outsourcing contract for an undisclosed amount from telecom company Unitech Wireless, the IT firm said Wednesday. Unitech Wireless, which received licence last year to operate in 22 telecom circles in the country, is yet to launch its services.

February 4th, 2009 HYDERABAD - Maytas Infra, owned by former chairman of Satyam Computer Services B. Ramalinga Raju's family, has issued a legal notice to Vendanta Aluminum Ltd for 'fraudulently and illegally' encashing two bank guarantees worth Rs.640 million (Rs.64 crore) and for not clearing admitted dues.