Industry Updates : IT Sector

28 Mar 2011: Bhaskar Pramanik appointed as new Microsoft India chairman

Microsoft Corporation announced the appointment of ex-Oracle chief Bhaskar Pramanik as the chairman for Microsoft India. Mr Pramanik will report to Jean-Philippe Courtois, President of Microsoft International. As Chairman, Pramanik will oversee Microsoft's sales, marketing and services subsidiary, provide overall leadership on all Microsoft assets in India. 

27 Mar 2011: Kerala IT professionals asked to return to work in Japan

Return to work is the message to the employees of Kerala-based IT companies contracted to work in Japan but who had left the country in the wake of a devastating earthquake and tsunami and fears of a radiation leak from a crippled nucler power plant. 
Nearly half a dozen Kerala-based IT companies have their working operations in Japan. 

27 Mar 2011: Pitney Bowes' IT arm to invest Rs 400 cr in India Software company

Pitney Bowes Business Insight (PBBI) has plans to invest Rs 500 crore over the next three years in India to strengthen its product development centre, and sales and marketing team in the country.

25 Mar 2011: Infosys bets big on African market; seeks to expand IT services Infosys Technologies is planting the seeds for a long-term IT services play in the African continent. The company's CFO V Balakrishnan said that the company is now looking at a broader play in the continent as they see greater potential demand for IT services there. Currently the company's offerings in Africa are limited to the banking solutions product Finacle. 

25 Mar 2011: MindTree's Soota says no immediate plan to divest stake in company

Ashok Soota, the outgoing executive chairman of MindTree, said that he has no "immediate plans" to sell his stake in the company. Soota, one of the 10 founders of MindTree, who announced his decision to quit the company earlier, said that the funds from the sale will be used to fund his new NGO and the new business venture he is expected to announce.

22 Mar 2011: Revenue nears $2 bn; to hire a few thousand in India: Dell

The world's second largest computer-maker Dell today said it is approaching $2 billion in annual revenue in India."$2 billion is the milestone that our India team is now working on," Dell Chief Executive Officer Michael Dell said.

22 Mar 2011: Capgemini wins UK airport IT services contract worth 100 million pounds

A consortium led by France's Capgemini has won a five-year contract worth about 100 million pounds ($163 million) to provide IT services at BAA's Heathrow and other UK airports, Capgemini said. 

Capgemini will be responsible for BAA's core IT services on a day-to-day basis, including applications, infrastructure and projects, for some 10,000 users.