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)
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)
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, 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)
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)