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IBM Sets up Tivoli Center in India - Rekha Garapati, Director IBM India Software Lab

IBM has set up a center in Pune, India, that aims to give its customers the opportunity to understand and test service management concepts and technology built into its Tivoli software. The center will focus and build skills in areas such as telecommunications, security, automation and asset management, Rekha Garapati Director IBM said. Service management gives customers better visibility into its IT assets and applications, while also enabling better security, compliance management and automation, said Rekha Garapati, director at IBM India Software Lab. The new center, called the IBM Service Management Center of Excellence, will be used by IBM's sales and marketing teams for customers both in India and in the Asia-Pacific region, Garapati added. Some of the services it will provide to IBM sales teams and to partners include facilities for proofs-of-concept, demos, and workshops. IBM already does some of its product development for Tivoli software in Pune, which will ensure that ...

hi5 Is Fastest-Growing Top-10 Social Network in the World for First Half of 2008

SAN FRANCISCO, Jul 29, 2008 -- hi5 Networks, one of the world's largest social networks, announced today that it is also the world's fastest growing among the top-10 global social networks. Based on the June comScore Media Metrix worldwide figures released today, hi5 grew 79% in the first half of 2008 - more than twice the growth rate of any of the top 10 social networks. According to comScore, the popular site's monthly unique visitors increased from 31.4 million in December 2007 to 56.4 million in June 2008 - an increase of 25 million monthly visitors. The June numbers firmly establish hi5 as the company to watch in the social networking category. According to comScore, Facebook and MySpace increased 35% and 10%, respectively, over the same time period. And hi5, with its huge international user base, has nearly 20 million more unique visitors per month than other comparable sites in the social networking category, including Orkut, Bebo, and Friendster. "These latest ...

Akken Releases New Back Office Features to their All-in-One Staffing Software System

Akken (Giridhar Akkineni Founder, CEO) , the first All-in-One on demand staffing software and recruiting software provider has upgraded its invoice design editor, making it one of the most automated, flexible invoicing tools available on a Software-as-a-Service (SaaS) platform. This enhancement is included for all Akken Staffing users at no additional charge. With this innovative breakthrough, staffing and recruiting companies can accommodate a client's complex, specific billing requirements and create customized, professional invoices with just a few clicks of the mouse. With this new feature, small to mid-sized firms now have robust invoicing tools to compete with larger organizations. "This upgrade makes it simple for Akken Staffing users to create invoice templates to the exact requirements of even the most demanding customers" says Akken's vice president of engineering, Prakash Akkineni. "The biggest impact is the time our users save in the invoicing proces...

Navabharat and Maytas consortium wins Hyderabad metro rail bid

The elevated metro rail project will have three routes--Miyapur to LB Nagar, Jubilee Bus Station to Falknuma and Osmania University to Shilparamam in the city Hyderabad: A consortium of Navabharat Ventures Ltd (Panda Punnaiah, Chairman), Maytas Infra Ltd, Ital Thai of Thailand and IL&FS Ltd has won the Rs12,200 crore or $2.87 billion Hyderabad Metro Rail project and will develop the 71km metro network on a build, operate and transfer (BOT) basis with a concession period of 30 years. The financial bids were opened here on Wednesday. The other consortia that were shortlisted included one of Essar Constructions (India) Ltd, SREI, Singapore MRT, SEC and STE, another of Nagarjuna Construction Co. Ltd, Magna Allmore of Malyasia, Siemens AG of Germany and Emirates Trading Agency of Dubai, a third of Reliance Energy Ltd and Bombardier Transportation GmbH of Canada, and a fourth of the GVK group, Gammon, Alstom Corp. of France and IDFC Ltd. The elevated metro rail project will have three ro...

Solar Semiconductor & AS Solar Make US $629 Million Deal

Solar Semiconductor and AS Solar GmbH have announced that the two companies have signed a strategic partnership for the supply of solar photovoltaic (PV) modules. This multi-year partnership is valued at approximately US $695 million. "Solar Semiconductor has achieved phenomenal success in the European market in a very short period of time primarily due to our emphasis on quality and partnering with companies which value quality and customer service above everything else. In AS Solar we have such a partner." -- Hari Surapaneni, CEO, Solar Semiconductor The modules, which will be produced by Solar Semiconductor , will be used by AS Solar in the European market. The deal was announced during Intersolar North America in San Francisco, California this week. "Solar Semiconductor has achieved phenomenal success in the European market in a very short period of time primarily due to our emphasis on quality and partnering with companies which value quality and customer servic...

Navayuga unveils India's largest private sector port in Krishnapatnam

Billed to usher in a new chapter in Indo-Gulf and Indo-Far Eastern trade, the Krishnapatnam Port is promoted by Navayuga Group, which recently entered the UAE market with its subsidiary company Navayuga Engineering (NEC) targeting a turnover of Dhs800m from the region by the end of 2009. Navayuga had won a build-operate-share-transfer (BOST) concession from the Andhra Pradesh government for the port, which has a total capital expenditure of INR120bn (Dhs10bn; $2.75bn). The port is the first of the state-owned minor ports to be awarded to a private company for development and operations. Mr Chinta Visveswara Rao, Chairman and Managing Director, Navayuga Group, said the port will have an eventual cargo capacity of 125 million tonnes, and will be one of the largest container terminals in the country. 'The port will play a key role in further energizing trade between India and the Gulf region, with its dedicated iron ore handling units, coal jetties and general cargo handling facilitie...