SYS-CON News Desk, India

Infosys Technologies Limited has announced financial results for its second quarter ended September 30, 2005. Revenues for the quarter aggregated $ 524 million, up 38.3% from $ 379 million for the quarter ended September 30, 2004. “We have seen robust growth during the quarter due to our effective focus on offering a broad array of services to our clients,” said Nandan M. Nilekani, CEO, President and Managing Director. “It took us the whole of fiscal 2004 to reach a revenue of US$ 1 billion. We reached the same level in the first six months of this year.” “During this quarter we recruited 8,026 employees (gross), which is the highest ever during any quarter,” said S. Gopalakrishnan, Member of the Board and COO. “Our investments in creating a world-scale global education center coupled with our spend on education and research... (more)

Raj Sirohi Joins Covansys as Senior Vice President of Sales and Marketing Worldwide

Covansys Corporation, a global consulting and technology services company, has announced that Raj Sirohi has joined the company as Senior Vice President of Sales and Marketing, Worldwide. Mr. Sirohi has over 25 years of experience in the information technology and business process outsourcing industries. Mr. Sirohi most recently served as Head of HCL Technologies America Inc. where he was responsible for building $250 million of revenue. Prior to joining HCL's U.S. operations, Mr. Sirohi initiated the concept of verticals, at HCL, by creating focused industry groups within HCL's In... (more)

Algorithmics and Polaris Announce Offshore Partnership

Polaris Software Lab, a leading global provider of banking, insurance and financial technology solutions and strategic offshore IT services, and Algorithmics Incorporated, a world leader in enterprise risk management solutions,has announced their partnership which establishes Polaris Software as an Algorithmics consulting partner and integrator within the European marketplace. Through this non-exclusive agreement, Polaris Software will now be able to leverage Algorithmics' market leading solutions and services in its sales activities within the European BFSI market. Commenting on... (more)

Dayanidhi Maran, India's IT Minister, Unveils Low-Cost Computers

Dayanidhi Maran, Minister of Communications & Information Technology, has unveiled the low-cost PC based on an x86 1600 MHz processor from Advanced Micro Devices, (AMD). The launch by Shri Maran is a step in furtherance of his championing the cause of introducing computers at an affordable price to the public as also to promote Internet penetration. As an important step in the product realization of this 50x15 vision, AMD in association with HCL, the leading Indian computer manufacturer, announced the availability of India’s most affordable home computer for its value, by o... (more)

Bharat Gears Pact with Ramco Systems for ERP Solutions

Ramco Systems, a global provider of enterprise solutions has announced a customer order win with Bharat Gears Ltd., a premier company of automotive components segment to adopt the Ramco Enterprise Series, a state-of-the-art web architected and componentized ERP solution delivered using cutting-edge technology. Bharat Gears will by implementing the Discrete Manufacturing suite comprising of Financials, Manufacturing, Inventory, Purchase, Sales and Human Resource Management System at the manufacturing facilities and zonal offices. Commenting on this recent success, Mr. Chetan Patha... (more)