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Infosys wins case against Bangalore I-T dept

Published at January 9, 2008 in IT and Technology. 1 Comment

Infosys has won a crucial tax battle in the Supreme Court, reports CNBC-TV18. The case was slapped against Infosys by the I-T Department. The Supreme Court has said tax cannot be claimed on ESOPs granted before 2000

he Bangalore I-T Department had held Infosys liable for failing to deduct tax at source for income earned by its employees through an ESOP scheme created in fiscal 1998. Under the scheme, Infosys had transferred 7.5 lakh warrants at 1 rupee each to an employee trust. These warrants carried a five year lock in period before employees could use them to buy shares.

The Supreme Court said that warrant is a right without obligation to buy. Therefore, perquisite cannot be said to accrue at the time when the warrants were granted. Source: moneycontrol



Rs 14999 laptop at Bangalore

Published at January 8, 2008 in Gadgets, General, News and Technology. 3 Comments

Allied Computers to launch Rs 14999 laptop at Bangalore

Allied Computers International (Asia) Ltd has announced that that the official launch of India’s first laptop for Rs 14,999. The Launch is to take place on January 08, 2008 at a press conference held at Bangalore.

The Company launches India’s first laptop for Rs 14,999 at Bangalore Press Conference tomorrow.

ACi rolls out its highly publicized Rs 14,999 laptop earlier than promised. This entry level product was targeted to be launched towards the end of first quarter of year 2008. High-end of this laptop with revolving touch screen and tablet features is due to be rolled out toward end of February 2008.

The long awaited laptop for below Rs 15,000 is now here and for a change, its launched first in India! The ACi ultra-mini is a full laptop with VIA 1.0 GHz CPU, 512 MB RAM, 40 GB HDD and WiFi enabled. It weighs a mere 950 grams and house a 7″ TFT screen. This laptop is ideal for all traveling users as well as ones which are looking for budget computing on the move.

The product will be displayed for the first time at a press conference held at Bangalore on January 08, 2008. ACi ultra mini will be first offered to users in India before starting its distributions abroad.

The Company will restrict supplies of this product region wise in order to cater for the high volume of demand expected.

“We have encountered a great demand for this low-cost laptop since our pre-launch announcement to the electronic and press media. Sale of this product together with eight of our other range of laptops is expected to push the turnover of the Company well beyond the targeted Rs 200 Crore for fiscal year 2008-2009″ says the Managing Director, Mr. Hirji Patel. Source: Equity Bulls



Wipro wins award for best software testing tool

Published at December 14, 2007 in IT and Technology. 0 Comments

 Wipro wins award for best software testing tool

IT major Wipro Technologies has won the best practice award for software testing, set up by the US-based International Institute for Software Testing (IIST), the company announced in Bangalore on Friday.

The company’s testing services division was given the award for innovating a statistical tool that reduces the time taken to test a product.

“As part of our proprietary tools suite code-named StORM (statistics, operations, research, matrix), the tool helps us to reduce test case development effort by about 30 per cent,” Wipro vice-president and testing services’ head CP Gangadharaiah said in a statement.

With over 10 years of experience in independent testing services, Wipro is the largest third-party offshore testing service provider worldwide.

It has also set-up the first wireless fidelity (Wi-Fi) pre-certification and certification lab at its Bangalore campus.

The IT bellwether offers software testing services to global customers in partnership with other leading vendors such as Hewlett-Packard, IBM and Microsoft.

“The award is one of the initiatives we have taken to advance the software testing profession and encourage IT firms to adopt best practices. The award also enables firms to share their best practices with the software testing community,” IIST chairman Magdy Hanna said.

Wipro was chosen for the award out of 36 technology firms worldwide that were short-listed by the institute. Source: hindustantimes

Spice launches SMS service in 12 Indian languages

Published at December 14, 2007 in Business, News and Technology. 1 Comment

Spice launches SMS service in 12 Indian languages

Spice Telecom, Karnataka’s oldest cellular provider, on Thursday announced the launch of `Spice Local Lingo’, a messaging service that enables a consumer to send and receive SMSs in 12 Indian langauges.

The new offering was launched by the Spice’s Brand ambassador and leading Bollywood star, Priyanka Chopra.

The service can be downloaded on all Java-enabled phones and allows a user to choose from 12 Indian languages, Kannada, Hindi, Oriya, Punjabi, Tamil, Telugu, Malayalam, Marathi, Assamese, Gujarati, Bengali and Urdu, Rakesh Singh, COO, Spice Karnataka told reporters today.

“A subscriber could with a GPRS connection could downlaod it from the spice portal http://wap.spicetele.com or can SMS the key word `SLL’ to 56199 “, he said.

The language service can be enabled by using the language specific soft keypad that would be installed once the software is downloaded.Using the message edit box the user could compose the message and sent it as a normal text SMS.

He can also use the picture SMS in case the person the message has been sent to does not have the special ‘langugage facility on their mobile phone.

The charges for the service is a one time download charge of Rs 20 per language plus a monthly subsrciption cost of Rs five per language. As an inaugural offer, SMS charges in Spice Local Lingo will cost 50 paise.

The service is powered by Geneva Software Technologies. “The new offering was targetted at mass consumers keen in sending SMS in their own lingo and at those who were not comfortable with English”, he said. Source: economictimes

IIT-B to beam classes live nationwide

Published at December 10, 2007 in Education, News and Technology. 0 Comments

For lakhs of aspirants who don’t make it to the Indian Institutes of Technology (IITs), here’s something to cheer about. After earlier putting the IIT open courseware online, IIT-Bombay is going one step further and opening its classrooms to the world. Starting January 2008 it will broadcast its lectures live through Edusat, the satellite which caters exclusively to the educational sector.

Students of any engineering institute will now not only have real-time access to IIT-B tutoring, but can also interact with resident faculty at Powai.

IIT-B and the Indian Space Research Organisation (ISRO) have signed a memorandum of understanding to transmit the lectures to any of the 1,500 engineering colleges across India which are keen to avail of the service. In fact, even institutions in Bhutan, Bangladesh, Nepal and parts of Pakistan which are covered by the Edusat footprint can view the lectures by tuning in to the same frequency.

The concept of long-distance technical education has been in the making for a while. Under a special HRD ministry programme, the seven IITs and the Indian Institute of Science, Bangalore, have already prepared open courseware and uploaded it online. Globally, too, developing and maintaining free open courseware is a popular concept among universities and the Massachusetts Institute of Technology OpenCourseware offers 1,800 courses to reach out to students beyond the campus classrooms.

However, the IIT-B and ISRO programme offers live lectures and will be the first in the field involving an elite technical institution. Source: timesofindia.indiatimes

IBM gets world's fastest chip to India

Published at December 10, 2007 in Business, IT, News and Technology. 0 Comments

IT major IBM has launched the world’s fastest computer processor chip called the dual-core POWER6 in India.

With this launch, the company’s System p570, which the company says is the world’s most powerful midrange consolidation machine, and bladeCenter JS22 servers, both powered by this new chip, would be available in the country, said IBM India and South Asia Director, Systems and Technology Group, Shashi B Mal.

The POWER6 features virtualisation capabilities – a means of server consolidation – and is also the latest addition to IBM’s Project Big Green initiative. It allows “unparalleled power savings on mid-range servers through dynamic reallocation of resources, power and cooling benefits,” Mal said.

Mal said, “According to Morgan Stanley, energy used to power and cool today’s data centers represents 44 per cent of the centre’s total cost of ownership – and for a company of any size today, a 50 per cent saving is huge”.

In 2007, USD 10 billion would be spent on data center energy worldwide, and IDC predicts that power and cooling spend in the data center will grow eight times the rate of hardware spend. For the cost conscious Indian companies, virtualisation and adoption of green technologies is the ideal solution, he said.

The POWER6, at 4.7 GHZ, is twice as fast as POWER 5, but uses nearly the same amount of electricity to run and cool. This means customers can use the new processor to either increase their performance by 100 per cent or cut their power consumption by 50 per cent, said Manish Gupta who heads the research Lab at IBM. Source: timesofindia.indiatimes

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