Indian firm, NetMagic offers Cloud services with 5 Data Centers in India!
By Tarry Singh at 15 April, 2009, 12:28 pm
With the energy prices and energy problems in India being major challenges, it will be a big challenge for both Indian and International firms such as IBM (who too have data centers in India) to keep the costs down.
eading managed IT service provider Netmagic Solutions Tuesday launched cloud computing services for enterprises to save [...]
Indian IT firm, Wipro enters Cloud Computing market
By Tarry Singh at 15 April, 2009, 12:21 pm
I asked how Wipro could compete in the U.S. market with Amazon, Google, Salesforce, Microsoft and other cloud service providers that have a head start. Kumar explains that Wipro will deliver “enterprise IT solutions” in the cloud, with a focus on vertical industries (retail and health care) and applications such as document management, EDI, and [...]
Read More >>Tech Mahindra inches closer to close Satyam deal
By Tarry Singh at 13 April, 2009, 4:05 am
Tech Mahindra will gain control of a business serving Cisco Systems Inc. and Nestle SA, strengthening its ability to compete with larger rivals Tata Consultancy Services Ltd. and Infosys Technologies Ltd. The sale may restore investor confidence and stem client defections after former Chairman Ramalinga Raju said Jan. 7 he inflated assets by more than [...]
Read More >>IBM frontrunner to acquire troubled Satyam Computers?
By Tarry Singh at 7 March, 2009, 12:44 pm
This is definitely going to make IBM a very well received company in the Indian Subcontinent and surely with the Indian Government. We’ll still see if that really happens or not.
The Securities and Exchange Board of India approved plans for Satyam to sell 51 percent of the company, the Hyderabad-based software-services provider said today. International [...]
India working on credit crunch laptop worth $10!
By Tarry Singh at 3 February, 2009, 9:35 am
Cloud Computing cheap and affordable device: That’s what we are heading at. While many wil lstill focus on the devices, I’d say you’d prefer to watch out for the stuff that will come out in the Cloud. That is where my focus is. That is what I call the Ideation-Age.
Anyways, lets hope they succeed with [...]
Satyam Saga continues: (PwC) Price WaterHouse Coopers Auditors arrested
By Tarry Singh at 24 January, 2009, 1:52 pm
Senior partners S Gopalakrishnan and Srinivas Talluri were booked by Andhra Pradesh police CID on charges of fraud (Section 420 of the IPC) and criminal conspiracy (120B) in the Rs 7,800 crore scam.
A conviction for fraud, if proven, carries a maximum sentence of seven years in prison and that for criminal conspiracy can range from [...]
Indian firm, Frontier goes strong with Virtualization!
By Tarry Singh at 24 January, 2009, 2:30 am
Frontier Business Systems Pvt. Ltd., an IT infrastructure solutions and services company, has been offering its customers the complete portfolio of solutions and services required to design, deploy and manage complex IT infrastructure environments.
Last year, Frontier added Virtualization consulting, solutions and services technology to its professional services portfolio. “Virtualisation has been rated by Gartner [...]
Satyam Computers had 13,000 ghost employees!
By Tarry Singh at 22 January, 2009, 12:38 pm
Satyam Computer Services Ltd., the software exporter at the center of India’s biggest fraud inquiry, padded employee numbers to siphon off cash and forged documents to support fake bank deposits, a prosecutor said.
Satyam had about 33 billion rupees ($672 million) of “fictitious and non-existent” accounts, public prosecutor K. Ajay Kumar told a hearing for the [...]
M&A: Time for European buyout of Satyam Computers
By Tarry Singh at 21 January, 2009, 10:15 am
The DealBook of NYT are suggesting or even expecting some stakeholders to grab Satyam Computers, but I see this as a great opportunity for any European firm, possible a SI vendor but it could also be any other vendor in HW/SW business, to go after this firm. The timing may not sound right but it [...]
Read More >>Wipro gets barred from World Bank as well!
By Tarry Singh at 12 January, 2009, 10:16 am
This is really going to look pretty bad on the IT firms from the Indian subcontinent. There have been talks of the “fast indians”, we will wait and see how it will look for the Indian IT firms there. I can say a lot here but I am expecting some more shocking news [ from [...]
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