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Corporate

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DQI Bureau
New Update

Solix Data Cloning Soln



Solix Technologies, that recently launched new data cloning solutions is
subsequently working on adding specific industry capabilities. "We are

working with i-flex for banking and financial verticals. We are also working on

dairy products and foods industry segments," says Dinendra Joshi, VP,

Global Software Delivery, Solix.

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MB to Raise $150 mn



Optical storage device maker Moser Baer (MB) India has said that its board had
approved raising up to $150 mn. The money, to be raised through debt or equity,

would be used to fund the company's expansion plans.

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ValueLabs' New Wing



Hyderabad-based ValueLabs is investing around Rs 4 crore to start a separate
company within ValueLabs to take its CSR program ahead. CEO, ValueLabs, Arjun

Rao's mantra to start the CSR wing is to `build a structured approach with a

10-15 year outlook.

Infosys Invests Rs 1,600 Cr



Infosys is boosting its investments in training by more than two-and-half times
to Rs 1,600 crore besides adding to the seating capacity, as scramble for talent

in the industry gains further momentum. Infosys swears by a renewed focus on

training to support its future growth.

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United Micro's New Plans



United Microelectronics will start producing computer processors by 2009 to
catch up with market leader Taiwan Semiconductor Manufacturing Co. United

Microelectronics is in talks to make central processing units as the company

diversifies into new products to boost earnings.

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Fiserv to Up Headcount



Fiserv India, a global entity of Fiserv Inc, has announced that it will increase
its headcount in the country to 5,000 in the next two years from the current

level of 1,000. The company is focused on becoming the preferred partner for

offshore services.

HCL to Set up 100 CDCs



HCL Infosystems will set up hundred career development centers (CDCs) across
India in 15 months to transform students into ready professionals. Of the

proposed hundred centers, twenty would be the company's own branch centers

while the others would operate under franchise agreements.

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Cognizant to Recruit More



Software firm Cognizant Technology Solutions will be recruiting about 18,000 IT
professionals before the year-end in addition to the present 38,000 workforce.

The company is taking multi-pronged approach to redress the constraint of

quality people.

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IBM's Innovation



IBM has announced the first-ever application of a breakthrough self-assembling
nanotechnology to conventional chip manufacturing, borrowing a process from

nature to build the next generation computer chips.

Aditi to Add More People



Aditi Technologies will add 100 people in Bangalore in the next three months.
The current headcount at Bangalore is 400 people and around 200 people in the

US. The company is apparently also excited about the emerging opportunities in

the online business industry that also entail the Web 2.0 and social networking

companies.

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