Karnataka logs $17-bn software exports despite meltdownSeptember 1st, 2009 BANGALORE - Defying the global meltdown, Karnataka earned $17 billion (Rs.74,929 crore) from software exports last fiscal (2008-09) as against Rs.60,800 crore the previous year, registering a 23 percent growth in rupee terms and 21.5 percent in dollar terms. "The export performance of the IT industry in the state, especially Bangalore, demonstrates the knowledge sector remains unaffected by the global meltdown and decline in IT spending overseas," state Information Minister Katta Subbramanya Naidu told reporters here.
Karnataka aims to become power surplus in five yearsSeptember 29th, 2009 BANGALORE - Energy-starved Karnataka, a hub for software, biotechnology and other sunrise industries, has set an ambitious target of becoming a power-surplus state in the next five years with the addition of about 6,000 MW generation capacity. "With demand exceeding supply, we have been facing a crunch in meeting the growing requirement for power across the state from utilities and end-users," Karnataka Power Corporation Ltd.
IBS ties up with British firm to develop transport solutionsSeptember 17th, 2009 THIRUVANANTHAPURAM - City-based IT solutions provider IBS Software has partnered with Britain's Transport Research Laboratory (LRT) to develop travel and transportation safety solutions, the company said Thursday. The partnership agreement signed between the two companies covers a number of technology-focused research and development activities.
Indonesian air force plane crashes, 24 killedApril 6th, 2009 JAKARTA - An aircraft belonging to the Indonesian Air Force crashed Monday afternoon in West Java capital of Bandung, killing all 24 people on board, news reports and officials said. The Fokker airplane was carrying 17 officers from the Indonesian Air Force's special force and seven crew when it crashed at about 12.30 p.m.
Film production firm to bid for IPL team franchise (Business capsule)September 1st, 2009 NEW DELHI - Film and television software production house K Sera Sera Tuesday said its board has approved the investment of surplus funds in buying the franchise of an Indian Premier League (IPL) team. "The board has constituted a committee headed by Sanjay Lai, the Managing Director of the Company and authorized him, to take all the necessary decision, actions pertaining to the IPL investment,", the company said in a regulatory statement.
Mass. family leaves sleeping child, 5, in taxi; cops threaten to suspend cabbie, but back offJuly 28th, 2009 Boston hack almost takes blame for forgotten childBOSTON — A family picked up by a taxi at the airport left a sleeping 5-year-old child behind in the back of the minivan — and the cabbie almost took the blame for it. Joseph Cohen, a taxi driver for 39 years, picked up the family at Logan International Airport on Sunday, drove them to their home in the city's Mattapan neighborhood, and helped them unload their luggage.
Google's Internet bus rolls into KarnatakaMay 5th, 2009 BANGALORE - How to browse the net, search, e-mail, social networking, browse maps or track stock market trends - this is what global web-based search engine Google is going to teach people as its custom-built Internet bus drives through 15 towns of Karnataka to expose the people to the digital world. The bus, which began its journey Monday, will course through the state for the next 50 days.
Tata Consultancy eyes e-governance projectsJune 18th, 2009 BANGALORE - IT bellwether Tata Consultancy Services (TCS) is eyeing e-governance projects to cope with the downturn, according to a senior company official. "Post-elections, we believe conditions are ripe for e-governance projects to take off at the central and state levels," TCS chief financial officer S.
Schwarzenegger's plane makes emergency landing at Van Nuys after smoke in cockpitJune 20th, 2009 Schwarzenegger's plane makes emergency landing
LOS ANGELES — Federal investigators on Saturday were looking into what prompted Gov. Arnold Schwarzenegger's plane to make an emergency landing, a mishap the governor called "a little adventure" on Twitter.
Orissa to review Maytas run projectsJanuary 9th, 2009 BHUBANESWAR - Orissa Saturday announced it would review all the projects carried out in the state by Maytas Infra Private Limited (MIPL), promoted by the sons of disgraced Satyam Computer Services chairman B. Ramalinga Raju.
22-year-old woman, software engineer, commits suicide in NoidaFebruary 20th, 2009 NOIDA - A 22-year-old woman, wife of a software engineer, committed suicide at her home here, police said Friday. Kirti Nath, who was married to Manju Nath, a software engineer with IT firm HCL, was found hanging in her room at their house in Sector 20 in Noida Thursday night, a police official said.
Nasscom seeks expedited spending of funds on IT projectsFebruary 15th, 2009 BANGALORE - The National Association of Software and Services Companies (Nasscom) Monday urged the government to expedite spending of allocated funds on IT projects to stimulate the domestic market. 'To drive economic activity, the government needs to expedite spending of allocated funds for IT projects to stimulate the domestic market,' the Nasscom said in a statement.
Bangalore Bio 2009 inaugurated todayJune 18th, 2009 BANGALORE - The ninth edition of Bangalore Bio, India's premier Biotechnology event organized by the Department of Information Technology, Biotechnology and Science and Technology, Government of Karnataka, Vision Group on Biotechnology and MM Activ Sci-Tech Communications Co was inaugurated today by Prithviraj Chavan, Hon'ble Minister of State (Independent Charges) for Science and Technology and Earth Science, Prime Ministers' Office and Minister of State for Personnel, Public Grievances and Pensions - Government of India, B.S. Yeddyurappa, Hon'ble Chief Minister of Karnataka.
IT, tourism to be promoted in HimachalJuly 28th, 2009 SHIMLA - Agro-processing, tourism and information technology are three core areas which the central government and the Himachal Pradesh government are working to promote in the hill state, a top official said here Tuesday. "We are exploring possibilities of new industry in the fields of agro-processing, tourism and information technology in the hill state," Secretary (Industrial Policy and Promotion) in the central industry ministry Ajay Shankar told reporters.
CDM Authority Goes HitechMarch 19th, 2009 NEW DELHI - The National CDM Authority (NCDMA) in the Ministry of Environment and Forests took a further step in applying the principles of e-governance by launching a new website today. It will enable CDM project proponents to file applications and upload their project documents directly from the comfort of their offices.