Issue dated - 19th April 2004

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Front Page > India News
India News

Intoto Inc to expand India operations
Intoto India, a 100 percent subsidiary of the US-based Intoto Inc., is expanding its presence in India by setting up new centres in Bangalore, Chennai and Pune. It expects one of the three proposed centres to be operational during the current fiscal.

Blue Star Infotech wins European award
Blue Star Infotech (BSIL) has been awarded ‘The European Seal of Excellence’ award by the European Multimedia Association Convention (EMMAC) for its work on an UK government-funded e-learning project.

Powerware gears up for summer with Extended Back-up UPS
In a bid to strengthen its presence in the Indian market, Powerware India, the 100 percent subsidiary of the US-based Powerware Corporation, has decided to expand its channel network in the country.

Bharti Televentures goes ‘On Demand’ with IBM
In a landmark announcement, Bharti Televentures, India’s largest mobile and leading basic telephony conglomerate has inked a deal with IBM India to outsource all its IT needs to the latter, giving a big push to attempts by Big Blue to establish itself as a major IT outsourcing player in India. The deal, in some sense, also gave a major boost to IBM’s ‘On Demand’ computing initiative.

Bank of America sets up BPO centre in Hyderabad
Bank of America (BoA), the second largest US bank, has set up its business process outsourcing (BPO) centre in Hyderabad. For this, BoA has incorporated a subsidiary called Continuum Solutions to look after the operations of the BPO centre. This centre is likely to handle consumer, commercial, and corporate processing work.

Big Blue gobbles up Daksh in landmark deal
International Business Machines (IBM) has said that it would acquire Daksh, India’s third-largest back-office services firm, in the biggest acquisition yet in India’s booming $3.5 billion BPO sector.


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