VARINDIA IT MAGAZINE

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE 3i Infotech Ltd. is eyeing the growing spending of government in an attempt to improve its performance. The company, which has a debt-to-equity ratio of 1.7, is hoping that the Government, along with its mainstay BFSI sector, will pull it out of its difficult times and reduce the debt-to-equity ratio to 1.1 by March 31, 2012 or sooner, though some analysts have expressed scepticism regarding this. Pankaj Chawla, President, India, APAC and MEA Markets, shared, "In the calendar year 2012, 40-50 per cent of the India business will come from Government spending. While BFSI is growing at around 15-20 per cent, Government spending is growing at double the rate and in India it is growing at a rate of 40-50 per cent." For More Details See www.varindia.com

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE 3i Infotech Ltd. is eyeing the growing spending of government in an attempt to improve its performance. The company, which has a debt-to-equity ratio of 1.7, is hoping that the Government, along with its mainstay BFSI sector, will pull it out of its difficult times and reduce the debt-to-equity ratio to 1.1 by March 31, 2012 or sooner, though some analysts have expressed scepticism regarding this. Pankaj Chawla, President, India, APAC and MEA Markets, shared, "In the calendar year 2012, 40-50 per cent of the India business will come from Government spending. While BFSI is growing at around 15-20 per cent, Government spending is growing at double the rate and in India it is growing at a rate of 40-50 per cent."

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Salora International has joined its peers Videocon, LG and Samsung to foray into the multi-crore rupee Indian mobile handset business and plans to expand its product portfolio over the next few months. In the first phase, Salora plans to launch its handsets in eastern India, Delhi-NCR, Jammu & Kashmir, Himachal Pradesh and Punjab. "There are already a huge number of players, but we will look to differentiate our product on the basis of quality. We have a television business and people trust our brand, which will help us in the market," Salora International Managing Director Gopal Jiwarajka said. Salora has launched two handsets in the market and will add another eight devices over the next one year. The handsets launched include SM501 (Rs.2,999) and SM401 (Rs.2,499). The handsets would be sourced from China and would be supported by Salora's network of 170 service centres across the country. For More Details See www.varindia...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Apple Inc. has removed, at Israel's request, an Arabic-language application from its iTunes store that called for a Palestinian uprising. Public Diplomacy Minister Yuli-Yoel Edelstein has written to Apple, complaining that the "ThirdIntifada" application - a reference to a future uprising - conveyed information about protests, some violent, planned against Israel. A statement issued by Edelstein's ministry welcomed "Apple's swift action" in removing the application and praised the company's decision as "another important step in preventing violent incitement in the new media". A search for "ThirdIntifada" in the iTunes store found no matches. The application offered users a stream of news stories and editorials in Arabic, announced upcoming protests and included links to nationalistic Palestinian videos and songs. For More Details See www.varindia.com

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Mahindra Powerol has launched Intelli series of UPS products packed with advanced features for use in home and small offices. The company, which currently markets its UPS systems in Tamil Nadu, Andhra Pradesh, Maharashtra and a few select parts of the country, plans to have a pan-India presence by next year. The Powerol division currently has revenues of Rs.1,000 crore, with diesel gen sets business contributing a major share. The UPS division contributes about Rs.30 crore and is likely to be a Rs.10-crore business this year. Launching its new range of UPS systems, Palaniappan said that the company is looking at being a total energy solutions provider for not just businesses through backup diesel gen sets but also to home and small office segment users. The company now has Eco, Hi-speed and Intelli range of UPS systems, which are manufactured at two facilities based in Tamil Nadu and Himachal Pradesh. The company's power solutions range s...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Eurotech Technologies has announced its expansion in Tier-II and Tier-III cities since these locations are fast becoming hubs of IT/ITeS, manufacturing, BFSI and other industry verticals. Eurotech Technologies plans to take these road shows to a series of Tier-II cities in the coming months. Starting from Mangalore last week, it witnessed an attendance of a large number of VARs, keen to understand and acknowledge the BestNet Brand product suite, followed by a seminar series to educate and equip the technical manpower to enable them handle the BestNet product line efficiently. Initiating nationwide Channel and VAR engagement programme, Eurotech is showcasing the BestNet brand that offers complete range of networking solutions that is cost-effective and easy to install, deploy and manage and also provides greater flexibility to innovate and more easily respond to changing business requirements. "BestNet brand is optimally positioned to ad...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE ASUS partnered with Intel to participate in the Intel Channel Conference (ICC) event which was conducted across 12 cities of the country between May 27 and June 20, 2011. The cities included Chandigarh, Coimbatore, Guwahati, Nagpur, Hyderabad, Ahmedabad, Vishakhapatnam, Cochin, Lucknow, Indore, Jaipur and Pune. Partners were given details on the latest ASUS' innovations incorporated into their motherboards like ROG Thunderbolt, ROG Connect with GPU TweakIt, UEFI BIOS (EZ Mode) and Dual Intelligent Processors 2 with DIGI+ VRM Digital Power Design. The event aimed to educate the channel partners on the benefits of Intel's latest Sandy Bridge Platform. ASUS displayed its latest ROG and TUF series motherboards based on Intel chipsets and at major locations ASUS also had high-end machines powered by ASUS' P8Z68-V PRO motherboard for demonstration. With these machines ASUS demonstrated its exclusive UEFI BIOS (EZ Mode) and LucidLogix V...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE IBM has announced an expansion of its software portfolio to help organizations embrace the power of social business. As part of news IBM is delivering IBM Connections, the social networking platform with real-time compliance capabilities. The new IBM Connections software allows organizations to track and trace data on the fly throughout their organizations. This information can be analyzed and is discoverable in real time using the IBM Connections active compliance service versus waiting until day end for analysis. The adoption of social software is on the rise and rapidly becoming a vital business tool, enabling organizations to transform virtually every part of their business operations from marketing, customer service and sales, to product development and human resources. The market opportunity for social platforms is expected to grow by a factor of nearly two billion worldwide by 2014, according to IDC. Organizations, both in regulated i...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Tata Technologies has embarked on a strategic initiative with the opening of its new Global Engineering Centre in Bengaluru, Karnataka. This reinforces the company's commitment to offering manufacturing clients innovative solutions for product development from Bengaluru. The new centre has been envisioned to cater to the growing Tata Technologies global portfolio of clients in the automotive, aerospace and construction/heavy engineering verticals, engaging high-end engineering talent available in Bengaluru. Samir Yajnik, President Global Services & COO Asia-Pacifi,c said, "Our Bengaluru team has been meeting product development engineering challenges posed by our global clientele in the automotive, aerospace and heavy engineering industries exceedingly well. The new centre is a natural extension of our growth plans around Bengaluru as a base." "While we have been active here for the last few years, we want to signifi...