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May 21, 2013
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| Justdial IPO subscribed 0.52 times |
| India Infoline News Service/13:19,May 21, 2013 |
| The IPO has received bids for 70,93,050 shares as against issue size of 1,35,60,533 shares.
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| ‘Victimised’ Phaneesh Murthy to contest sexual charges in court |
| India Infoline News Service/12:20,May 21, 2013 |
| Earlier in the day, iGATE Corporation announced that its Board of Directors has decided to terminate the employment of President and CEO Phaneesh Murthy. Concurrently, the Board has appointed Gerhard Watzinger as President and CEO on an interim basis. All changes are effective immediately.
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| Tech Mahindra Q4 net profit seen up 8% QoQ at Rs 2973mn |
| India Infoline News Service/11:33,May 21, 2013 |
| The stock has hit a high of Rs932 and a low of Rs895.
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| Four Soft signs LOI with Kelvin Catering Services |
| India Infoline News Service/11:20,May 21, 2013 |
| Sodexo is one of the largest food services and facilities management companies in the world with nearly 420,000 employees present on 34,000 sites in 80 countries.
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| Tech Mahindra in red ahead of its Q4 numbers |
| India Infoline News Service/11:20,May 21, 2013 |
| At 11:19am Tech Mahindra is trading at Rs. 906.25 down by Rs. 15.85 or 1.72% on the National Stock Exchange (NSE) Tuesday. The stock touched a high of 934.90 and a low of Rs. 895.05. Total volume traded at the counter stood at 3.9 lakhs. |
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| Forget Retina...Say Hello to palm display |
| India Infoline News Service/10:05,May 21, 2013 |
| Japanese innovator Masaoshi Ishikawa who last year developed an award winning robotic arm said that the technology to project a phone's display onto you palm would become a reality in another 2 years. |
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May 20, 2013
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| Global insights on succeeding in customer experience era: Oracle study |
| India Infoline News Service/19:15,May 20, 2013 |
| Businesses in India Can Lose Up To 18% Revenues From The Lack Of A Robust Customer Experience Strategy, says an Oracle Study. Brands in India Recognize Financial Impact of Poor Customer Experiences, Yet Struggle to Develop Successful Strategies. |
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| Yahoo to acquire popular blogging platform Tumblr for $1.1 bn |
| India Infoline News Service/19:05,May 20, 2013 |
| According to reports, the deal, if confirmed, would be the largest for Yahoo! since Marissa Mayer took over as chief executive last year.
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| Directi introduces web suffix |
| India Infoline News Service/18:58,May 20, 2013 |
| Indian businesses can now get a web presence that is truly personal, and have their Web site working within minutes. |
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| Amitabh Bachchan's investment in Justdial IPO may increase by 4600% |
| India Infoline News Service/16:34,May 20, 2013 |
| Reports stated that Bachchan was allotted 62,794 shares at a price of Rs 10 in January 2011.
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| Worldwide SCM software market grew 7.1% in 2012 : Gartner |
| India Infoline News Service/16:19,May 20, 2013 |
| North America and Western Europe continue to be the prime consumers of SCM software, with nearly 77% of market revenue. |
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| Robinsons Bank selects Infosys Finacle to accelerate technology |
| India Infoline News Service/16:12,May 20, 2013 |
| With the new technology transformation program, Robinsons Bank will consolidate and connect the multiple existing systems in use at the bank, and aim to reduce cost of operations across all its branches.
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| Advaiya awarded as Best Organisation for Environmental Sustainability |
| India Infoline News Service/16:11,May 20, 2013 |
| Manish Godha, Founder & CEO, Advaiya, We are pleased with the recognition Advaiya has received by way of the ‘Best Organisation for Environmental Sustainability’ award. |
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| Business intelligence will address tech gaps for CFO: Gartner |
| India Infoline News Service/16:07,May 20, 2013 |
| The study shows that 15 of the top 19 business processes that CFOs have identified as requiring improved technology support are largely addressed by BI, analytics and performance management technologies.
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| NASSCOM Foundation volunteers run to promote inclusion in workplace |
| India Infoline News Service/16:02,May 20, 2013 |
| The Foundation is participating in the prestigious Bangalore sporting event in the spirit of volunteerism through the MyKartavya program. |
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| BenQ launches XL2411T gaming monitor |
| India Infoline News Service/15:39,May 20, 2013 |
| The XL Series models are co-developed by various R&D partnerships with the core product developers and masterminds of gaming industry worldwide. |
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| View US Immigration Bill as headwind: TCS |
| India Infoline News Service/15:27,May 20, 2013 |
| TCS was quoted as saying "We should be ready to change in the way we position our business model."
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| Mobile management suite now more seamless and secure : Symantec |
| India Infoline News Service/15:04,May 20, 2013 |
| Symantec already offers the broadest array of technologies to keep mobile business data safe, and we have recently added several more items to that list with new updates to the Symantec Mobile Management Suite. |
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| Ind-Ra downgrades Educomp Solutions to ‘IND BB-’; outlook negative |
| India Infoline News Service/15:00,May 20, 2013 |
| The downgrade reflects growing liquidity pressure on Educomp, with material refinancing risks. The company is negotiating with its banks regarding cash flow mismatches and further refinancing. |
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| IKF Tech Q4 net revenue up 109% |
| India Infoline News Service/15:00,May 20, 2013 |
| Sunil Kumar Goyal, Whole Time Director, IKF Technologies Limited remarked, “Global economies remain challenging this year for IT Industry but we are growing in the Light of Challenges. IKF technologies maintained its competitive position in this rapidly changing market. " |
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