Launching NetSparsh.com

Hi Everybody,

I am launching the next generation entertainment portal NetSparsh.com blog and entertainment Network of portals where the NetSparsh & Cyberjunky Teams writes about News, Bollywood, Computer Software, Science, Technology and a host of other articles, tha help us become more productive.

Vision : The target if to become the most read blog and portal and to make into the top 5 blogs/websites in India.

Thanks for all the support and cooperation till now and hope to seek more huge support in future.

Cheers

Cyberjunky & NetSparsh Teams.

Infosys to sign MoU with Andhra State Gov

IT major Infosys is likely to sign MoU with the State government on March 27 for setting up his company’s campus in the city.

The company’s high-level team visited the city and met chief minister Y S Rajasekhara Reddy earlier last month to discuss about the proposed MoU for the allotment of land and other facilities.

The government has decided to allot over 550 acres of land to Infosys for its proposed self-contained campus in the 1200-acre multi product IT SEZ, near the upcoming Hyderabad international airport. Infosys has set up its first development centre in Hyderabad in over 30-acre land in 2003. The company now employs about 5,000 professionals at its city operations.

Govt, Infosys to sign MoU on March 27 Business Standard

Infosys submits Mission Bhubaneswar plan

Even as Orissa grapples with the problem of finding a perfect roadmap for rapid industrialisation, software major Infosys has offered it a blueprint, which, when transformed into reality, may catapult the state to the position of intellectual, cultural and business heart of eastern India.

The blueprint, code-named Mission Bhubaneswar, was presented to Chief Minister Naveen Patnaik through an hour-long powerpoint presentation by Infosys chief financial officer T V Mohandas Pai.

"Bhubaneswar should become the educational centre of the country. Invite India's 20 best private schools to open (centres) here to offer quality education," Pai said as the Chief Minister, his principal secretary Bijoy Patnaik and a host of bureaucrats listened with rapt attention.

Infosys pill for Orissa Calcutta Telegraph
Infosys helps graduates of the State to get better placement Newindpress (subscription)

Infosys may face legal trouble

Information available on the web says that Infosys Technologies might face a possible class action suit in California from a law firm for allegedly not paying overtime wages to its employees who are working on H-1B visas there.

Infosys may face legal trouble Economic Times
Top Indian IT firm may face suit in US Xinhua
Infy may face class-action suit in US Daily News & Analysis

Infosys is undisputed numero uno

has been a decent run for the ET500 companies with a growth in market cap by 25% compared to the last edition. Infosys has once again bagged the number one spot after leading in the June ‘05 edition of ET500 as well.

Going by the fact that eight performance parameters have been considered to arrive at the rank of ET500 companies, it is laudable that Infosys has emerged as the numero uno for the second time in a row. TCS and Wipro occupy the second and third ranks, respectively.

How Infosys is growing BIG in China

The Chinese Dragon, or Lung, symbolises power and excellence, valour and boldness, heroism and perseverance, nobility and divinity. A dragon overcomes obstacles until success is his. He is energetic, decisive, optimistic, intelligent and ambitious.

Here is how Infosys Technologies, India's information technology giant, is becoming the Chinese Dragon in the IT industry.

In October 2003, Infosys set up a wholly owned subsidiary in China named Infosys Technologies (Shanghai) Co Ltd with an initial capital of $5 million. Today, Infosys's Chinese subsidiary is the company's hub for software services and alternative deliveries in the Asia-Pacific region.

Infosys @ CTP: IT’s just not on

Good ol’ bureaucracy is holding back Information Technology giant Infosys from launching its operations at the Rajiv Gandhi Chandigarh Technology Park (CTP).

Inaugurated by Prime Minister Manmohan Singh last September, the CTP is expected to make the city a dream IT destination — a la Bangalore. But Infosys, the anchor company of CTP’s first phase, is still awaiting Customs clearance for import of equipment, mainly computers, under the Special Economic Zone (SEZ) status, sources said.

Infosys donates Rs 20 mn for quake victims

Infosys Technologies Ltd on Tuesday announced Rs 20 million for the earthquake victims in India and Pakistan.

Infosys CEO Nandan M Nilekani told reporters in Bangalore that as part of its social responsibility, the company was donating Rs 10 million each for the victims of Jammu and Kashmir and Pakistan.

Infosys beats Q2 profit estimates

Cheered by better than expected quarterly numbers from infotech bellwether Infosys, most technology stocks ended higher today. Since Infosys usually sets the tone for the performance of the sector, one could expect good numbers from other tech companies as well, said a dealer.

In today’s trade, Infosys stock led the pack of gainers in the technology space. The stock ended at Rs 2684, up 2.34 per cent. On the BSE, the stock was the highest traded clocking a turnover of over Rs 219 crore or 8.19 lakh shares. Infosys turns the tide for technology counters Business Standard Tata Consultancy, Infosys Profits Climb on Overseas Orders Bloomberg Indian software exporter Infosys quarterly profit up 36 per cent National Post

Infosys Q2 results on Oct 11

The board of directors of Infosys Technologies will meet on October 11, 2005 to consider the audited results of the second quarter ended September 30, 2005.

According to a release issued by the company to the BSE today, the meeting will also consider payment of interim dividend.

The company has fixed October 18, 2005 as the record date for the payment of interim dividend, if any, approved by the board meeting, the release added.

Infosys to consider Q2 results Malayala Manorama
Infosys to consider Q2 results, interim on Oct 11 Hindu Business Line
Infosys Q2 results on Oct 11 Business Standard