Yahoo sets up tech lab in Bangalore
Yahoo! Inc. on Tuesday announced that it has set up a laboratory in this tech hub to roll out next-generation search and multimedia retrieval products for its global customers. This new laboratory—with an initial team of 100 scientists and engineers—will be part of the expansion of its R&D operations in the country.
Yahoo Labs Bangalore […]
Cisco to increase India headcount to 360,000
To increase its talent pool in India, IT networking major Cisco System India Pvt Ltd has decided to increase its headcount six fold to nearly 360,000 in the next five years.
The IT giant has announced a series of initiatives to nurture networking professionals, which would translate to an addition of nearly 360,000 engineers within […]
Reliance Power to list on Feb 11
Reliance Power is set to make its debut in the stock markets on February 11. The equity shares of the company will be listed on both the BSE and the NSE. The IPO was the largest to hit the Indian markets, where the issue was subscribed by about 70 times. The qualified institutional buyers […]
Reliance Power has 42 lakh shareholders
Nearly 4.5 lakh retail investors, who applied for less than 225 shares of Reliance Power each, have not been made any allotments by the company.
This means that RPL has issued shares to only those applicants who committed to invest at least Rs 96,750 in its IPO.
The company’s IPO, which created several records on many […]
Microsoft offers $44.6B for Yahoo
Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc.’s dominance of the lucrative online search and advertising markets.
The surprise offer of $31 per share, made late Thursday and announced Friday, seizes on Yahoo’s weakness while Microsoft […]
Dell says it’s not shutting down
Dell says it’s not shutting down its R&D centre in Bangalore, contrary to recent media reports. The company is merely shifting focus from hardware to software R&D, said Mr Pallab Talukdar, Enterprise Strategy Group, Dell India.
Earlier, Dell’s focus at the R&D centre was primarily on hardware. Gradually, it is phasing out hardware R&D from […]
Dell shifting hardware design unit out of Bangalore
Top computer maker Dell is shifting its hardware design unit from its R&D centre in Bangalore to Austin and Taiwan, a top company official said.
“Hardware design is being slowly phased out from the centre here to our centres in Austin and Taiwan”, Pallab Talukdar, enterprise strategy group director of Dell India, said.
Dell’s R&D centre […]
Google.org doles out more than $26 million
Search giant funds global health threats and other causes
Google executives today announced the areas where it will focus its charitable giving over the next five to 10 years.
The initiatives include $26 million in funds to several institutions including a think tank in India, Clark University and a Pasadena-based company specializing in solar thermal power […]
HCL launches 14k laptop
Small is definitely big this year. HCL Infosystems today launched a laptop for only Rs 13,990.
With a little help from Intel, Indian hardware manufacturer HCL Infosystems on Tuesday launched an ultra portable range of laptops with mobile Internet computing experience under Rs 15,000. And no, they are not called Classmate!
The self-branded laptops called HCL […]
Intel’s India unit develops remote health monitoring device
US microchip maker Intel is developing a technology to allow remote monitoring of a person’s health through signals from a hand-held device, the company said on Wednesday.
Intel’s Indian and US researchers have built a prototype which would alert a person carrying the wireless device, and doctors monitoring the person’s health, to any impending medical […]
