Company Updates

ICSA India Bags 3 Orders Worth Rs 4.64 Bln

ICSA India Bags 3 Orders Worth Rs 4.64 Bln ICSA India Ltd announced on Wednesday that it has pocketed work orders worth Rs 4.64 billion for a range of electricity and infrastructure projects.

The company, which provides embedded technology solutions for the power sector, said that the fresh orders were received from the Bihar State Electricity Board, the Maharashtra State Electricity Distribution Co and M.P. Poorv Kshetra Vidyut Vitaran Co Ltd,

The first order for supply and installation of rural electricity infrastructure and household electrification in Katihar District of Bihar is valued at Rs 2.54 billion

At last, Apple offers iPhone cut and paste, and turn by turn

At last, Apple offers iPhone cut and paste, and turn by turn San Francisco  - Apple unveiled its proposed new software for its genre-defining iPhone Tuesday and gave acolytes of the world's most popular smartphone the feature they most wanted: the ability to cut and paste text and pictures on the device.

Lack of the cut and paste facility had been one of the main drawbacks of the device, compared to competitors like the Blackberry.

HCL bags project worth $350 million from Readers' Digest

HCL bags project worth $350 million from Readers' DigestLeading IT firm, HCL Technologies managed to bag an outsourcing project worth $350-million from Readers' Digest Association (RDA), a leading media firm headquartered in New York after a year long contention.

The Indian IT services provider would offer applications development and maintenance (ADM) services and infrastructure support to the media firm by implementing advanced technological modules using cutting edge technology.

Verimatrix Announces ‘VCAS’ For BSNL IPTV Services

Verimatrix Announces ‘VCAS’ For BSNL IPTV ServicesTo protect IPTV services to BSNL customers, Verimatrix announced that it has provided its Verimatrix Video Content Authority System (VCAS) for IPTV.

BSNL, which rolls out IPTV in India together with Smart Digivision Private Limited (SDPL), eyes more than three million IPTV subscribers in 93 cities by the next three years.

BSNL’s service offerings consist of over 140 TV channels in addition to an on-demand movie library without any additional charge.

Telstra cancels 32 m dollar deal with Satyam

Telstra cancels 32 m dollar deal with SatyamMelbourne, Mar. 17: Australian software major Telstra has dumped scandal-ridden outsourcing partner Satyam from an applications support contract believed to be worth 32 million dollars a year.

EDS will pick up the embattled Indian outsourcing firm’s IT contracts with Telstra, sources told The Australian.

Telstra chief executive Sol Trujillo, who leaves the company on June 30, sat on the board of EDS before joining TELCO in 2005.

JSW Steel Eyes Rural Market; To Open 600 Retail Outlets By Next Two Years

JSW Steel Eyes Rural Market; To Open 600 Retail Outlets By Next Two YearsJSW Steel Ltd has decided to strengthen its focus on rural market.

To get deeper into the rural market, Mr. Sajjan Jindal, Vice-Chairman and Managing Director of JSW Steels, said that the company, which has already opened 60 retail outlets through franchisee route, is planning to take it upto 600 outlets allover India by the next two years.

While talking to media persons at a seminar organized by NMDC in Hyderabad on Monday, Mr. Sajjan said that the company’s overall exports figure accounted for 40% of its production.

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