Infotech

  • I-T companies hit by AgustaWestland scandal July 16, 2013

    New Delhi: The AgustaWestland chopper deal scandal has hit Indian software companies. According to the reports, many software firms are up in arms against a Defence Ministry memo which does not allow them to include research and design and software testing as part of the offset requirement. The memo comes...
  • AgustaWestland denies wrongdoing in transactions with Indian firms March 19, 2013

    New Delhi: Amid the ongoing controversy over alleged kickbacks in the Rs 3,600 crore VVIP chopper deal, Anglo-Italian firm AgustaWestland on Tuesday replied to Defence Ministry queries, denying any wrongdoing. The Ministry had asked the firm to provide details about its transactions with Tunisia and India-based firms IDS Infotech and...
  • Chopper deal: Money routed to middlemen through bogus contracts February 16, 2013

    New Delhi/Chandigarh: As the CBI gets set to seek out more details to begin their probe into the AgustaWestland chopper deal, CNN-IBN is trying to trace how the bribe money found its way into India. Companies were floated just to bring in massive amounts of money to bribe individuals under...
  • Three arrested for duping investors in Delhi, Mumbai December 7, 2012

    New Delhi: Three persons have been arrested for allegedly duping hundreds of investors of over Rs 50 crore in Delhi and Mumbai on the pretext of providing them call centre franchise, police said on Friday. Sandeep Shukla, a resident of Azamgarh district of Uttar Pradesh, his brother Manoj Shukla and...
  • T'puram: IT@School's resource portal for students February 20, 2012

    THIRUVANANTHAPURAM: The IT@School project has come up with a Resource Portal and YouTube channel to help with the preparations of the SSLC Examination for 4.50 lakh students in the state. A press statement here said that resource portal of IT@School Project www.resource.itschool.gov.in had been packed with contents of Science, Social...
  • 3i Infotech sells business arm for $137 million May 16, 2011

    Bangalore 3i Infotech Limited, a global information technology company, has signed an agreement to sell its US-based Global Billing and Payments unit, consisting of Regulus Group and J&B Software, to an affiliate of Cerberus Capital Management, L.P., one of the world's leading private investment firms, for USD 137 million. 3i...
  • L&T Infotech recalls its employees from Japan March 16, 2011

    New Delhi/Tokyo: L&T Infotech has recalled all its employees from Japan temporarily following fears of a nuclear meltdown after Friday's 9.0 magnitude earthquake and the devastating tsunami. "L&T Infotech has made arrangements to bring all the 185 L&T Group employees and their family members from Japan for a temporary period. Kingfisher...
  • Breaking New Ground: IT powers NREGA in Andhra July 27, 2009

    The Union Budget is likely to be passed in Parliament on Monday. Central to the Finance bill of 2009 is the Rs 3,90,000 crore allocated for the National Rural Employment Guarantee Act. But is the tax payer's money actually reaching the rural poor? CNN-IBN assesses the NREGA in a special,...
  • L&T to raise stake in Satyam | Board meeting begins January 27, 2009

    New Delhi: Engineering and infrastructure major Larsen and Toubro (L&T) on Tuesday said that it might further raise its stake in the scam-tainted Satyam Computers. "Overall, we are only trying to improve our situation," company chairman A.M Naik told a news channel. "If nothing else, to really make L&T Infotech...
  • Serial blasts are a wake up call, say Bangalore IT firms July 26, 2008

    Bangalore: Nine blasts in 15 minutes – the country's infotech capital, Bangalore, was struck by terror for the second time in two-and-a-half-years. Fearing another attack, IT major Infosys beefed up its security arrangement and issued this statement: All our employees are safe and there has been no impact on our...
  • Infotech Enterprises now in Kakinada June 20, 2007

    Hyderabad: Infotech Enterprises Limited (IEL), a leading global provider of engineering design, geospatial information and IT services, on Saturday launched its operations in Kakinada town in coastal Andhra Pradesh. Infotech thus became the first IT company to set up its development centre at the facility created by Software Technology Park of...
  • Details of BPO fraud tumble out September 3, 2006

    Kolkata: As another call centre employee comes under the crime radar, this time in Kolkata for a credit card fraud, we take a look at how it all happened. Twenty-three-year-old Sulagna Roy has been accused of buying luxury goods worth $4500 using credit cards belonging to some US clients. Now...