HCL to provide IT application support to US firm

March 16th, 2009 NEW DELHI - India's leading offshore IT and software development company, the HCL on Monday announced that it has bagged a seven year 350 million dollars IT services outsourcing contract from media and marketing house 'Readers Digest Association' (RDA). According to a HCL statement, under the deal, the IT giant would re-build and migrate RDA's mainframe environment to its New Jersey data centre facility.

March 4th, 2009 BANGALORE - The city-based IT solutions firm Sonata Software has set up a wholly-owned subsidiary at Dubai Internet City in the United Arab Emirates (UAE) as its regional hub for expanding its presence in the Middle East and Africa, the company said Wednesday. 'Operating from the Dubai Internet City free zone, we will provide value-based IT solutions and strengthen our presence in the region by targetting market segments such as travel, tourism, hospitality and construction industry,' Sonata managing director B.

February 23rd, 2009 NEW DELHI - Britain-based IT and consulting firm Invensys Process Systems (IPS) Monday signed a deal with China's Shandong III Electric Power Construction Corp (SEPCO), which is setting up a 3,300-MW power plant in Gujarat, for providing software solutions. IPS will implement its Foxboro I/A Series distributed control system (DCS) technology in SEPCO's plant, being built in Kutch district of Gujarat, a company statement said.

March 5th, 2009 CHENNAI - Global audit firm PricewaterhouseCoopers (PwC) is cleaning up its Indian stables in the wake of the accounting scandal in Satyam Computer Services. According to a statement by the firm, an advisory board is being set up to provide guidance to the PwC leadership on its strategy and actions.

February 26th, 2009 BANGALORE - IT infrastructure solutions and services firm Frontier Business Systems has set up a $4-million (Rs.200 million/Rs.20 crore) green data centre here to expand its operations across the country, the company said Thursday. 'The data centre's green virtualisation solutions will enable enterprises to reduce cost while improving business service availability, agility and performance,' Frontier chief executive Ravi Verdes said in a statement.

September 14th, 2009 WELLINGTON - An Anglo-Kiwi web advertising firm Firstlight Online has moved its software development facility to India from Wellington. The company is merging with Nasdaq-listed web-search firm Convera, despite a bid by former Firstlight director Brett Bailey to sink the deal.

January 27th, 2009 BANGALORE - Norwest Venture Partners (NVP), promoted by angel investor Promod Haque, will invest Rs.200 million (Rs.20 crore) in infrastructure management services firm Appnomic Systems, it was announced here Wednesday. The venture fund will be invested to expand into the US market and build innovative product and service offerings, the Bangalore-based Appnomic said in a statement.

February 17th, 2009 THIRUVANANTHAPURAM - SriLankan Airlines, the national carrier of the island nation, has opted for the city-based IBS Group's software 'iFly Loyalty' for handling its frequent flier programme and customer relationship management functions, the IT firm said here Wednesday. 'iFly is a new generation IT solution developed specifically for the evolving airline industry, and will set new standards in the market,' IBS Group chairman and chief executive V.K.

January 16th, 2009 CHENNAI - The government-appointed board of Satyam Computer Services Limited will have to define the scope of work for the city-based Brahmayya & Co that has been appointed as the beleaguered IT bellweather's internal auditor, an official of the accounting firm said Saturday. 'We were sounded out about the assignment by the authorities and we gave our consent.

June 8th, 2009 BANGALORE - IBM has signed a $15-million (Rs.71-million) outsourcing deal with Eureka Forbes Ltd., a leading Indian health and hygiene solutions firm, to provide business consulting, package implementation, infrastructure and application management services for five years, the global IT major said Monday. As part of the engagement, IBM's India subsidiary will take over the IT staff of Eureka Forbes and leverage its research expertise to help improve its customer's revenue with new tools.

January 11th, 2009 CHENNAI - Perhaps for the first time in the Indian corporate history, an audit firm - and a foreign one at that - is being dumped midway by a company. The government-appointed new board for Satyam Computer Services has declared that the fraud-hit IT bellwether will have a new audit firm to restate the books of accounts.

January 29th, 2009 HYDERABAD - C.S. Bansal Friday resigned as director of Maytas Infra Limited, the firm promoted by disgraced founder and former chairman of Satyam Computer Services B.

May 23rd, 2005 Oracle integrates PHP scripting engine (dubbed "Zend Core for Oracle") with its 10g database and application server for building apps based on the open source development language. What remains to be seen is whether Oracle is shifting focus away from Java or just encompassing additional languages.

January 13th, 2009 NEW DELHI - In a curious twist to the Satyam Computer Services fraud, its erstwhile auditors PricewaterhouseCoopers have said their opinion on the financials of the beleaguered company may be rendered 'inaccurate and unreliable'. In a letter to the new board of Satyam, the audit firm said the statement by the former chairman of the company B.

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