Issue dated - 5th July 2004

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Front Page > India News
India News

E-procurement makes business transactions more efficient
E-procurement or e-sourcing is being driven by a renewed focus on cost cutting, different sourcing practices, maturing Internet commerce and quantifiable benefits of implementations.

Animation school Toonz-Webel set up in Kolkata
Trivandrum-based production house Toonz Animation India and WEBEL, the nodal IT body of the West Bengal government have set up a animation school called Toonz-Webel Academy. Chief minister Buddhadeb Bhattacharjee inaugurated the animation school in Kolkata recently.

CSC bets big on Hyderabad
CSC India, the Indian arm of the $15 billion Computer Sciences Corporation (CSC) is setting up a major development centre in Hyderabad with an estimated investment of $10 million.

Net subscriber base up to 45 lakh
The Internet subscriber base in India has gone up by 10 percent over the previous quarter to touch 45 lakh during the quarter ended March 2004. Internet subscribers grew 25 percent during the entire year, according to released recently Telecom Regulatory Authority of India (Trai) data.

Norwest eyes tie-ups for portfolio firms
It is the turn of product companies to leverage India not just in terms of development but in terms of deployment. Norwest Venture Partners (NVP), a 42-year-old venture capital firm which has funded more than 350 companies, is now leading seven of its US-based technology companies to develop relationships with Indian businesses.

India Inc is a poor ‘Net user
Most Indian companies seem to be content using the Internet solely for sending e-mail rather than utilising it as a value-added tool for business. They appear to be unwilling to use the Internet for information dissemination as well as a medium to do business.

Krone Comm to launch 10 GB copper Ethernet
Krone Communications is planning to launch the industry’s first 10 gigabit copper Ethernet, named CopperTen, in the second quarter of this year. Copper is the conventional communication medium, though, of late, fibre optics has come up as a medium that can carry a larger amount of traffic.

IIT-Kharagpur, Cadence in chipset design tie-up
The Indian Institute of Technology-Kharagpur (IIT-Kgp) has successfully designed complete chipsets for the communication and power supply sectors with technology support from Cadence Design Systems (India).

Sierra Atlantic launches testing services lab
Sierra Atlantic has launched a software testing service called ‘Offshore Software Interoperability Lab’ and an ‘Application in the Network’ validation service. Based out of Hyderabad, the lab provides low-cost testing services that enable software and hardware vendors to certify their products prior to release, and allow enterprises to test products before deployment.

Analog Devices rolls out Blackfin Fusiv platform
Analog Devices has launched the Blackfin Fusiv platform, a technology to deliver high-speed data, voice and video in a single solution.

Keane India may set up a fourth ADC
Keane India is weighing its options for setting up a fourth advanced development centre (ADC) in India subject to the completion of a $25 million expansion at its three existing ADCs.

STPI-H exports cross $ 1-bn mark
For the first time, software exports from Andhra Pradesh crossed the $1 billion mark recording a 37 percent growth at Rs 5,025 crore ($1.1 billion) for the 2003-04 fiscal as against Rs 3,668 crore in previous fiscal.


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