Archive for July, 2009

A core agenda for disinvestment

July 27, 2009 By: admin Category: Indian IT News No Comments →

While political consensus is difficult it should be possible to separate the really controversial aspects

Welcome signs of gradual economic recovery

July 27, 2009 By: admin Category: Indian IT News No Comments →

Any setback in agriculture may be offset by industry, services

Software products: the perfect storm

July 27, 2009 By: admin Category: Indian IT News No Comments →

Product firms can become `IP factories’ and leverage the increasing softwarisation of hardware

Finance Bill, 2009: anti-avoidance provisions

July 27, 2009 By: admin Category: Indian IT News No Comments →

What are the anti-avoidance provisions which are proposed to be inserted by the Finance (No.2) Bill, 2009? Gifts other than cash gifts will now be roped in under the new sub-clause (vii) under sub-section (2) of Sec. 56, when they …

Effect of extension of municipal limits on capital gains tax

July 27, 2009 By: admin Category: Indian IT News No Comments →

Unless a fresh Notification taking into consideration the extended limit of municipalities and corporations is issued, the deeming provision will apply only with reference to the city/ town limits as on the date of notification in force at the time o f sale.

Managed services spell big IT business

July 27, 2009 By: admin Category: Indian IT News No Comments →

As global recessionary pressures increase, enterprises are looking at ways to capitalise their existing IT infrastructure, with many of them adopting the managed services business model.

TCS, Infy, Wipro among top 10 global service providers

July 27, 2009 By: admin Category: Indian IT News No Comments →

Indian firms have won large outsourcing deals this year placing them among the top 10 global service providers, on contract value terms. Top Indian outsourcing cos

IP address crunch worries ISPs

July 27, 2009 By: admin Category: Indian IT News No Comments →

The current version of IP addresses allotted to websites – IPV4 – is almost getting exhausted. This version can accommodate only a limited number of IP addresses, which is likely to be exhausted by 2011-12.

Mahindra Satyam loses Railways’ tech contract

July 27, 2009 By: admin Category: Indian IT News No Comments →

Indian Railways has cancelled a locomotive management system contract awarded to Satyam Computer Services in Jan this year, after the company failed to meet the deadline for submitting required financial details and start working on the pilot project.

Added security call may hit online biz

July 27, 2009 By: admin Category: Indian IT News No Comments →

The new RBI guidelines, which becomes effective from August 1, to provide a third-factor identification for all online transactions may trigger a 25-30% decline in daily business.