YSR asks IT industry to take technology to rural masses
In his first-ever address to the captains of the IT industry, Andhra Pradesh chief minister Dr Y S Rajasekhara Reddy (popularly known as YSR), seems to have succeeded in allaying the fears of the software industry.

IDRBT launches Tech Lab to train bankers
The Institute of Development & Research in Banking Technology (IDRBT) has announced the launch of a technology demonstration lab at its Hyderabad campus.

TCS launches the country’s first bioinformatics product
Tata Consultancy Services (TCS) and Council of Scientific and Industrial Research (CSIR) have launched ‘Bio Suite’, the country’s first comprehensive software for bioinformatics which caters to the needs of fields such as biology, post-genomic drug discovery and other related areas.

HP eyes SMBs with OpenView
Small and medium businesses (SMBs) and Public Sector Units (PSUs) are the new segments that HP India wants to tap for its OpenView software. Currently HP has 100 customers across Indian industry verticals for OpenView.

PCS Industries trims PC prices
Following the budget announcement that PCs will be exempted from excise duties, PCS Industries today announced that it will not await the result of the status quo maintained by the government on its budget proposal for the hardware sector, and drop prices by 4 percent across its range of PCs.

Mahindras acquire Bristlecone, consolidate subsidiaries
Bristlecone Inc, a supply chain solutions player, is expecting an improvement in its business prospects following the Mahindra Group’s decision to pick up a majority stake in the company.

eGain Corp targets Rs 600 crore Indian customer service market
As part of its strategy to strengthen its presence in Asia Pacific & India, eGain Corporation, a provider of customer service and contact centre software is looking at India as its global hub for all of its business operations including high-end product development.