Swiss-based international commodity trading company Glencore, through its Singapore-based subsidiary Singfuel, has taken a controlling 50.81% stake in global bunker trader and supplier Chemoil
Friday, December 18, 2009
Glencore take control of Chemoil
Maersk Group sells Norfolkline to DFDS
A.P. Moller - Maersk Group and DFDS have agreed that DFDS will acquire 100 percent of the shares in ferry and logistics company Norfolkline
HDN Renews Delivery Contract with Home Retail Group
Home Delivery Network (HDN), the UK’s largest shared user home delivery and collection company, is delighted to announce renewal of its contract with Home Retail Group (Argos & Homebase) for a period of 5 years.
HDN’s partnership with the group goes back to its GUS days and has continually demonstrated its ability to grow and adapt in a changing market. Introducing new services is fundamental to continued growth in this competitive arena
Radware Signs with Fuji Xerox for Distribution of Alteon Products in Japan
Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced it has entered into an agreement with Fuji Xerox Co., Ltd. which will continue to be a reseller of Alteon products, solutions and services throughout Japan. With this agreement, Radware aims to reinforce its relationship with Fuji Xerox and to expand its sales in Japan.
Aditi attains MS Mobility solns competency
Aditi Technologies, a leading provider of software product and application development services has attained Mobility solutions competency as part of Microsoft's Gold Certified Partner program.
Adobe LiveCycle gives business apps a shot in the arm
Adobe doesn't make enterprise business applications; but it does make those mission critical apps easier to use, accessible from mobile devices and quicker to build through its LiveCycle Enterprise Suite.
TCS Country Manager for NZ
Tata Consultancy Services has hired a new Country Manager for New Zealand. It has brought on board Mr John Mazenier, former Sun Microsystems Country Manager, to boost its presence in the local market there. Mr Mazenier would be reporting to Mr Varun Kapur, TCS General Manager for Australia and New Zealand. TCS has been present in New Zealand for about 15 years now. Infosys opened a Wellington office last week while Tech Mahindra already has a large operation there delivering New Zealand Telecom's new billing and CRM systems
Tata Elxsi centre gets certification
Tata Elxsi has announced that the automotive centre of excellence at the Technopark here has achieved the automotive SPICE organisational maturity level 5 certification. This assessment includes a certificate of assessment for process capability and organisational maturity. The assessment of Tata Elxsi's centre was carried out by a team of assessors led by Mr Alec Dorling and from Impronova, Sweden and KPMG. Announcing this, Mr Natarajan, Vice President–Automotive Practice, Tata Elxsi, said that over the years, Tata Elxsi has transformed into a trusted partner of choice for automotive OEMs, tier-1 suppliers, semiconductor and tool vendors.
Ramco eyes emerging markets for growth
Ramco has also launched on-demand enterprise resource planning (ERP) software, which is for use over the internet and has launched a subscription scheme for it.
Infosys opens development centre in Brazil
Infosys Technologies said it has opened a development centre in Brazil to service clients in that South American country as well as Brazilian subsidiaries of global customers.
India to be Capgemini's largest centre
Capgemini, the information technology services and consulting major, plans to add 6,000 people in India over the next 12 months, which will make this the company’s largest global centre, with over 26,000 employees. The company has a little over 20,000 employees at its headquarters in Paris.
HCL AXON signs 5-yr global IT deal with GlaxoSmithKline
HCL AXON, a division of HCL Technologies, on Wednesday said that it has signed a five-year global IT services deal with pharma company GlaxoSmithKline.
Wipro to partner Telefonica
Wipro Technologies, the global IT services business of Wipro Ltd, has entered into a partnership for an Out-tasking of Testing Services initiative with Telefonica O2 Germany, a European telecommunications company
Wipro ties up with Ariba Inc to accelerate spend management
Wipro announced its partnership with Ariba Inc, a leading spend management solutions provider, to help companies across India accelerate their spend management initiatives and the results that they deliver.
Under the terms of a newly formed alliance, Wipro will leverage Ariba's on-demand sourcing solutions to help its clients drive procurement process efficiencies and savings that positively impact their bottom line.
CommVault, Informatica Combine for New Data Archive
Automated storage provider CommVault entered into a partnership with database integration specialist Informatica to produce a new archiving package for large data sets that enables support for a number of top-tier enterprise databases and CRM or ERP applications.
‘Industry needs to revamp IT gear for new tax regime'
Even as the Empowered Committee of State Finance Ministers released the First Discussion Paper on Goods and Services Tax (GST), the trade and industry are worried about the necessary changes they need to make in their information technology solutions, supply chain management and staff training.
“Industries need to significantly change their accounting software in order to transition to the new tax regime. It is required to tackle issues such as CGST (Central GST) on State GST (SGST), SGST on CGST, and other aspects that involve tax inter-change with regard to goods and services,” Mr Lakshmi Prasad, Additional Commissioner (Commercial Taxes) of Andhra Pradesh, told Business Line
Cut costs to soar - Pankaj Narayan Pandit, Head, Airlines Practice, Sonata Software Ltd
With increased globalisation and opening up of the skies, the challenges being faced by domestic airlines are similar to those of their international counterparts, observes Pankaj Narayan Pandit, Head, Airlines Practice, Sonata Software Ltd. “The need now is to build cost-effective technology solutions that will deliver direct and immediate value to the airlines' business. These have to be built around frameworks or accelerators that are domain-specific and can result in direct ROI (return on investment),” he adds, during the course of a recent e-mail interaction with eWorld.
Monday, December 14, 2009
HCL inks $250m, 5-yr deal with News Corp UK
India’s fifth-largest IT company HCL Technologies announced a five-year deal with media conglomerate News Corp for managing its data centres and IT across UK newspapers like The Times, The Sun and The Sunday Times.
HP to buy 3Com for $2.7 bn
Hewlett-Packard Co is making a move into the telecom equipment market by striking a $3.1 billion deal for 3Com Corp, in a major challenge to Cisco Systems Inc.
The deal is the latest sign that technology giants from IBM to Oracle Corp are increasingly encroaching in each other's markets as they seek to become one-stop shops for computing, networking and storage equipment. Cisco itself this year pushed into the computer server market, of which HP is a major player
Symantec, Wipro tie up for data back-up services
Wipro Ltd inked a new partnership with Symantec Corporation to provide data back up and loss prevention, in addition to recovery infrastructure consultancy services.
Blue-sky thinking
Joseph Crawford and Christopher Gesell of Verizon Business say cloud computing offers a multitude of benefits for businesses today.
Radware Opens New R&D Center in India
Radware today announced the formal opening of a new research and development center at Bangalore in India, making it one of the Company’s three major worldwide R & D Centers.
“India is one of our key high growth engines and the opening of our new R&D center marks a strategic milestone in our growth strategy,” said Mr. Ilan Kinreich, COO Radware. “We have been hiring more professional staff who will be collaborating with our other R&D centers to better provide fast emerging and diverse solutions suited to customer needs. The move was based on India's greater synergy with the Asian region amid the economic reforms in India, as well as prompted by the presence of several major Indian customers that do business with Radware.”
Radware Appoints New Vice-President of EMEA
Radware the leading provider of integrated application delivery solutions for business-smart networking, today announced that it has appointed Mr. Shlomi Tenenberg as Vice-President of EMEA.
“We are pleased to have Shlomi on board. There is clearly significant growth potential in EMEA and with his strong experience and proven track record in the region, we are confident that Shlomi will lead the teams to increased sales opportunities,” stated Roy Zisapel, CEO Radware
Zebra Technologies Brings Mobile Printing Applications to Smart Phones...
Zebra Technologies a global leader in specialty printing and Automatic identification solution, announces the release of its ZebralLink Multiplatform software Development Kit (SDK) and smart phone utility.
MindTree Provides CUPPS Certification Services to ARINC Inc.
MindTree Ltd., a global IT Solutions Company, today announced that it has provided CUPPS (Common Use Passenger Processing Systems) certification services to ARINC Incorporated, helping the company qualify its vMUSETM passenger processing system. As one of the few companies in the world with the distinction of being a CUPPS Compliance Testing Entity (CTE), MindTree engaged with ARINC to conduct rigorous testing of vMUSE, to validate compliance with the CUPPS Technical Specification.
Wipro targets govt contracts abroad
Wipro, India’s third largest IT services company is planning to replicate its success in the government space in India. It is now courting the state sector across the world.
Netmagic Solutions Becomes an SAP® Hosting Partner in India
Netmagic Solutions, a leading managed services provider, today announced that it is an SAP® hosting partner and its hosting services have been certified by SAP AG. Netmagic Solutions is the first hosting partner for SAP in the Indian subcontinent
Netmagic Solutions Becomes an SAP® Hosting Partner in India
Netmagic Solutions, a leading managed services provider, today announced that it is an SAP® hosting partner and its hosting services have been certified by SAP AG. Netmagic Solutions is the first hosting partner for SAP in the Indian subcontinent
ICICI in talks to sell its 27% stake in 3i Infotech
The Rs 96,000-crore ICICI Group is in talks to sell its entire stake in 3i Infotech, as the financial conglomerate feels that the IT venture it incubated 16 years ago has become peripheral to its operations and matured enough to hold out on its own.
IBM wins multi-year contract from Consist Software
IBM has won a multi-year contract from Consist Software Solutions with a potential revenue in excess of $200m to enable Consist to standardize its applications on IBM software to enable the company expand to new markets including the US, Canada, Australia, the UK, Japan and South Africa.
Tech Mahindra to execute contracts for MTN, Etisalat
The Kolkata operation of Tech Mahindra (TechM), the telecom software arm of the Mahindra Group, is picking up steam. The company’s 1,000-member Kolkata team has just been asked to execute a string of mega telecom outsourcing contracts for South Africa’s MTN, UAE’s Etisalat and Saudi Telecom.
Infosys sets up U.S. unit to bid for govt deals
Infosys Technologies, India's second-largest software services exporter, has set up a wholly owned unit in the United States to win outsourcing deals from government departments, a senior official said.
"The subsidiary in the U.S. has been formally set up and now we have to commit a business plan and hire people there," Chief Financial Officer V. Balakrishnan told Reuters on Friday. "It's too early to talk about its business plan."
Microsoft to acquire healthcare specialist Sentillion
Microsoft has reached an agreement to buy out Sentillion, a privately held developer of software tools for the healthcare industry.
Financial terms of the deal were not disclosed. Sentillion offers identity and access management systems for healthcare environments. Its products include the Vergence single sign-on tool, proVision automatic provisioning system, and Tap and Go authentication system, reports Information Week
Patni expands actuarial BPO services
Patni Computer Systems has expanded its Actuarial Centre of Excellence (ACE) to provide consulting, risk management and actuarial services for insurance and financial services companies in an onshore and off-shore delivery model.
Patni sees Q4 revenue rising over 3 pc Q-o-Q
Mid-sized Patni, which is also listed in New York, is looking at acquisitions of companies whose revenues range from $150 million to $400 million, he said, adding a deal could be announced by December or January.
Zensar's growth strategy shrugs off recession
The mid-cap IT company’s top line has been growing in double digits. During 2008-09, when the IT industry was in the doldrums, Zensar’s top line grew 16 per cent and net profit was up 35 per cent on a year-on-year basis. This at a time when the overall net profit of mid-cap IT companies declined 14.3 per cent.
Friday, December 4, 2009
Healthland Brings Health IT Solutions to Healthcare Providers at HIMSS Regional Conferences
Healthland, America's market leader of healthcare information solutions for small community and critical access hospitals, announced today it will participate in the upcoming Healthcare Information and Management Systems Society (HIMSS) conferences, The ARRA Era - Takin’ HIT to the Streets, in Dallas, Dec. 4, 2009 and in Chicago, Jan. 15, 2010. The conferences are designed to help healthcare providers determine how to best invest and gain a return-on-investment on today’s healthcare information technology
Radware Leverages VMware Virtualization to Extend Its Application Delivery Solution for the Virtual Data Center
The leading provider of integrated application delivery solutions for business-smart networking, today announced it has built its vAdapter™ on the VMware platform. vAdapter is a free of charge, easy to deploy tool that ensures real-time, automatic synchronization of the application delivery controller (ADC) configuration with any relevant changes in the virtual environment. The solution is Radware’s newest addition to its application delivery suite, integrating with the company’s award-winning AppDirector and VirtualDirector products as well as with the Alteon Application Switch.
APM - Nordstjernan acquires part of Rosti
Nordstjernan AB (“Nordstjernan”) and Rosti A/S (“Rosti”) have agreed that Nordstjernan shall, through its wholly-owned subsidiary Stella Plastic Holding AB (“Stella”), acquire 100 percent of the shares in Rosti Technical Plastics Holding A/S (“RTP”).
The new merged Stella/RTP group, headquartered in Copenhagen, Denmark, will be named Rosti with Börje Vernet, presently CEO of Stella, as CEO. The merged company will have a turnover of over 150 MEUR and around 1800 employees.
Central Maine Healthcare Live on Kronos®
Kronos® Incorporated today announced that Central Maine Healthcare (CMH) is managing its more than 3,100 employees using Kronos time and attendance and HR and payroll applications. With labor amounting to more than 65 percent of its overall operating cost, CMH recognized a need to better measure and manage its labor costs and improve the productivity of all employees
Home Delivery Network NVQ Scheme Delivers Skills Boost
More than 70 colleagues at the Shaw-based national sort centre of Home Delivery Network - the UK’s largest dedicated home delivery and collection company - have successfully achieved Level 2 NVQ qualifications in warehousing and storage, team leadership and business administration.
The certificates were presented by senior management colleagues during a special ceremony at the Linney Lane facility. Home Delivery Network distributes more than 100 million parcels per annum to consumers across the UK from retailers including River Island, Sainsbury’s and online fashion store Asos
Patnis sell 0.3% stake
Patni Computer Systems shares continue to be sold by members of the promoter family.
Amit and Arihant Patni, sons of the company’s founder and non-executive Director, Gajendra K Patni, along with Sadhana Patni, wife of another founder, Ashok Patni, have sold shares accounting for a stake of about 0.3 per cent in the open market for a total value of Rs 17.66 crore.
Juniper to invest $400 mn in India in next five years
Leading IT and computer networking firm Juniper Networks said that it was viewing India as a strategic market with focus on BFSI, governments and telecom sector and plans to invest $400 million in total operations, including Research and Development, in the next five years.
Infosys grooming four billion-dollar babies to drive growth
Infosys Technologies Ltd expects four new businesses it entered in the past three years to each generate at least $1 billion (Rs4,620 crore) of revenue by 2013, as the company executes a strategy that will reduce its dependence on so-called low-end or commodity services where profits are low and competition, high
Three IT firms bag $600 mn WalMart deal
Walmart has selected three IT vendors in India — Infosys Technologies, Cognizant Technology Solutions and UST Global — for multi-year contracts worth over $600 million (around Rs 2,750 crore).
HCL eyes $100 million deals for managing systems
HCL Technologies, which won over $350-million contract from Reader’s Digest earlier this year for managing the publisher’s desktops and servers, sees several $100-million infrastructure outsourcing deals in the pipeline, as more customers seek to send their infrastructure management work offshore.
Cisco to go ahead with plan to buy Tandberg
Cisco Systems Inc said it plans to go ahead with its plan to buy Norway's Tandberg ASA, paving the way toward creating the world's leader in video conferencing equipment, although acceptances from shareholders were slightly below its target.
Cisco said about 89 percent of shareholders accepted the 19 billion Norwegian crown ($3.4 billion) deal. That was lower than the 90 percent Cisco had set as a minimum requirement, but the company said it would waive this condition.
IBM to buy start-up Guardium for $225 mln: Report
IBM, the world's biggest technology services company, is expected to announce this week the acquisition of database security start-up
Guardium for $225 million, Israeli financial newspaper TheMarker reported.
CSS, Aricent, Mindtree win Software Testing Leadership Awards
QAI, one of the world's leading consulting and workforce development firm addressing Operational Excellence, announced the much awaited Software Testing Leadership Awards.
CSS emerged as the winners. Their paper was about "Cloud Testing Go-Cloud based performance testing". Aricent were chosen as the first runner-up for the award for their paper on "Increasing Test Effectiveness Using 4P Approach and Statistical Models". The second runner-up spot was awarded to Mindtree for their paper on "Building an Automation Framework around Open Source Technologies."
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