CHANNEL NEWS

COMPASS (Computer Association of Eastern India) will organize eastern region’s largest annual information technology fair – COMPASS 14-15 from February 13 to 16 (2015) at the Netaji Indoor Stadium & Khudiram Anushilan Kendra, Kolkata. Entry to the COMPASS 14-15 Tech Fair would be by invitation, tickets and free registration at the official website www.compassfair.in. The COMPASS 14-15 Tech Fair being …

NASSCOM welcomes President Obama’s announcement of $4 bn Indian Diaspora Investment Initiative for boosting trade and investment ties with India. National Association of Software and Services Companies (NASSCOM) is thankful to the Government of India, for bringing forth India’s concerns on the H-1B visa to the United States and getting an agreement with the US government to hold a discussion on the …

MoU with Government of UP to set up the plant in the state Taking forward the Government of India’s Make in India campaign, Spice Group, a leading mobile internet conglomerate today announced an investment of Rs 500 crores to set up a manufacturing unit in Uttar Pradesh. At the occasion, the company also signed a Memorandum of Understanding with the …

VMware, the global leader in virtualization and cloud infrastructure, today announced key changes to its leadership team in India with the appointment of Sundar Balasubramanian as the Senior Director for General Business for VMware India. Sundar will be responsible for Partners and Alliances, and will also lead the Commercial Sales business for VMware in India. Sundar joins VMware from IBM where he …

ASUS All-in-one PC ET2040INK will be available in India from January 26, 2015 through Amazon and in ASUS Exclusive Stores at Rs.25,999.   ASUS today presents an advanced solution to all your computing needs- the All-in-one PC ET2040INK. Now enjoy a gen-next computing experience with the Ultra Slim computing device that comes equipped with lightning-fast Intel® processor and high-performance graphics. Enhance …

Parties to work together to promote their integrated solutions in projects throughout India RiT Technologies a leading provider of Intelligent infrastructure Management and cabling solutions announced today that it has signed an MOU with Wipro Ltd. Under the agreement, the parties will cooperate in identifying relevant projects in India and customizing their integrated solutions for projects, to maximize their business in India. The …

According to International Data Corporation IDC’s Asia/Pacific Quarterly Enterprise Storage Tracker, Q3 2014 India external storage market witnessed a double-digit quarter-on-quarter growth (in vendor Revenue) and stood at USD 61.97 million though year-on-year was a de-growth. Q3 2014 witnessed a recovery majorly due to some large multi-million dollar deals that were absent from last few quarters. The market is expected to revive …

HCL Infosystems, India’s Premier Distribution, IT Services and Solutions Company today announced its financial results for the second quarter ended December, 2014. Key Updates and Quarter Snapshot HCL Infosystems achieved an ICRA Rating of A1 for short termand commercial paper borrowing of Rs 200 Crs. Distribution Business: Consumer Distribution business comprises of Telecom products and Consumer Electronics & Home Appliances. The Telecom distribution business …

The Conference Board Leading Economic Index® (LEI) for India decreased 0.9 percent in December to 103.1 (2010 = 100), following a 1.7 percent increase in November and a 1.3 percent decline in October. Two of the eight components contributed positively to the index in December. “Both the Leading and Coincident Economic Indexes for India fell in December, suggesting that the rate …

According to International Data Corporation (IDC), the Networking market in India witnessed growth quarter-on-quarter as well as year-on-year, due to constant requirement build-up from different verticals in Q3 2014. According to IDC’s APeJ Quarterly Switch and Router tracker, the Ethernet Switch market  stood at USD 131.2 Million (in terms of end-user revenue) during Q3 2014 witnessing a growth of 2.1% quarter-on-quarter and  …