Infosys co-founders chip in to shelter flood-hit victimsOctober 9th, 2009 BANGALORE - Four co-founders of IT bellwether Infosys Technologies collectively contributed Rs.10 crore to rebuild houses for the victims of flood havoc in north Karnataka recently, a top official said. "The company has pledged Rs.20 crore while four co-founders have volunteered to contribute Rs.2.5 crore each to the effort to build 3,000 pucca (permanent) houses for the flood-affected people," Infosys chief executive S.
Infosys, Biocon to build houses for flood-hit in KarnatakaOctober 8th, 2009 BANGALORE - India's IT bellwether Infosys Technologies Ltd and biotechnology major Biocon Ltd pledged to re-build around 6,000 houses at a cost of Rs.60 crore for the flood-affected people of north Karnataka, Chief Minister B.S. Yeddyurappa said Thursday.
West Bengal offer 45 acres to Wipro, InfosysSeptember 17th, 2009 KOLKATA - The West Bengal government Thursday invited IT majors Wipro and Infosys to start new centres at Rajarhat on the northeastern fringes of this city and promised to give 45 acres of land to each of the companies. "I'm proposing today (Thursday), through the media, that we are ready to give 45 acres of land each to Wipro and Infosys.
West Bengal Government revives IT hub plansSeptember 17th, 2009 KOLKATA - West Bengal Chief Minister Buddhadeb Bhattacharya on Thursday said that the Government would revive plans to build a one billion dollar IT hub, which was earlier, scrapped due to land acquisition problems. The State Government has planned an IT town on the outskirts of Kolkata to host IT giants Wipro and Infosys, and following the issue Bhattacharya said that IT majors, Wipro and Infosys would be given 45 acres of land each near the airport, where they can construct new centres.
Infosys, Wipro projects kept on hold, not scrapped: West BengalSeptember 16th, 2009 KOLKATA - West Bengal's ruling Left Front Wednesday said the IT township project involving giants Infosys and Wipro has only been kept on "hold" and not cancelled. "The state government has not abandoned the township project.
Wipro partners with Schneider ElectricSeptember 15th, 2009 NEW DELHI - Indian IT major Wipro Technologies has partnered with global energy management firm Schneider Electric to market its industrial automation solutions in India. Under the agreement, Wipro will offer an additional commercial channel and outstanding project execution capability Schneider to market and deliver its state-of-the-art solutions.
Infosys opens corporate education centre in MysoreSeptember 15th, 2009 MYSORE - United Progressive Alliance (UPA) chairperson Sonia Gandhi Tuesday inaugurated a world-class corporate education centre of Infosys Technologies at its Mysore campus. The facility is an extension of the IT major's Global Education Centre (GEC), which was inaugurated by Prime Minister Manmohan Singh in February 2005.
'British investors have negative perception about West Bengal'September 14th, 2009 KOLKATA - The West Bengal government's decision to scrap an ambitious IT project, where companies like Infosys and Wipro were to set up units, has not gone down well with British investors, a trade official from that country said Monday. The scrapping of the project following controversy over land acquisition has had a negative perception in the minds of British investors, UK-India Business Council chief operating officer Kevin McCole said.
Bengal Government Shelve IT projects over Land Fiasco at Vedic VillageSeptember 7th, 2009 KOLKATA, Sept 07 Embroiled in a land controversy yet again, the Marxists in West Bengal on Monday said it was junking a plan to set up an Information Technology (IT) township that would have hosted bellwethers like Infosys and Wipro. The Vedic Village fire singed the ruling communists’ IT plans as the government in a statement said: “It is impossible for the IT department to proceed with the project.”
“The government does not want to be involved in any illegal activity,” the statement said as murky truths tumbled out of the closet after the violence in Vedic Village resort last month in the area adjacent to the proposed IT township.
IT hub scrapping sad day for West Bengal: Infosys officialSeptember 7th, 2009 KOLKATA - Infosys board member T.V. Mohandas Pai Monday said the West Bengal government's decision to scrap a proposed IT hub project on the state capital's northeastern fringes was a "sad day" for the state.
West Bengal scraps Infosys, Wipro projectsSeptember 7th, 2009 KOLKATA - The projects proposed by Infosys Technologies and Wipro in a township just outside the state capital has been scrapped, the West Bengal government informed the two IT majors Monday. The projects were to come up in the proposed IT township at Rajarhat near Salt Lake but had become controversial in recent weeks following allegations that land sharks had been involved in acquisition of plots there.
Bengal scraps IT township projectSeptember 7th, 2009 KOLKATA - The West Bengal government Monday informed IT majors Infosys and Wipro that their projects in a proposed township on the outskirts of this metropolis had been scrapped, according to officials. The proposed IT township at Rajarhat near Salt Lake had become controversial in recent weeks following allegations that land sharks had been involved in acquisition of plots there.
Bengal scraps IT township project (Second Lead)September 7th, 2009 KOLKATA - The West Bengal government Monday scrapped the proposed IT township projects involving companies like Infosy and Wipro at Rajarhat near here following allegations that the land had been forcibly and illegally acquired. "The government does not want to be involved in any illegal activity," the state IT department said in a statement.
Infosys shocked, Wipro mum about West Bengal Govt's decision to ditch themSeptember 7th, 2009 BANGALORE/KOLKATA - West Bengal Govt has ditched Infosys and Wipro off their prospective lands after making them wait for 5 years. So, as a result, it has lost an opportunity to create thousands of jobs when it scrapped the proposed IT hub project in Kolkata, a senior official of Infosys Technologies said late Monday.
Wipro IT services revenue to be flat in second quarterJuly 22nd, 2009 BANGALORE - Wipro Ltd projected revenue of $1.03-1.05 billion from its global IT services for the second quarter (July-September) of this fiscal (2009-10). In a regulatory filing Wednesday, the IT bellwether said the guidance was based on its performance in the first quarter (April-June) when its flagship business division revenue at $1.03 billion showed decline of 1.3 percent sequentially and 3.3 percent year-on-year (YoY).