Software Development India
Software Companies India
Source: Yahoo! News
- Oracle India trims salaries with hour-based payments (Business Standard India)
The world’s second-largest software products company Oracle is understood to have begun linking the payment of its 20,000-odd employees in India with the productive hours they spend in the company. This has resulted in salary cuts, ranging between 10 and 50 per cent across the board.
- India Hot Stocks: Nucleus Software up after contract win (Reuters via Yahoo! Malaysia News)
(Adds Nucleus Software and realty stocks)
- Bharti, Infosys, Satyam, Tech Mahindra: India Equity Preview (Bloomberg)
Jan. 6 (Bloomberg) -- The following companies may have unusual price changes in India trading. Stock symbols are in parentheses and share prices are as of yesterday’s close.
- Oracle India trims pay (rediff.com)
Company sources explain that if an employee is a billable resource for 15 days a month, he will be paid in full for that period while for the rest of the period, he is paid a "nominal" amount. Replying to an email query, a company spokesperson in India said: "Oracle does not comment on speculation or rumours."
- US wants to be India's No.1 partner in defence (The Times of India)
NEW DELHI: With the civil nuclear deal virtually in the bag now, the US is fast emerging as a potent challenger to Russia, Israel and France in supplying military hardware and software to India, one of the world's largest arms importer.
- Copyright v2.0: New code to shield software (The Economic Times)
The government plans to introduce a legislation empowering software makers in their fight against the sale of unauthorised copies of their products, as it looks to crack down on rampant piracy in the country where nearly three-fourths of the software used is pirated.
- India hands over Mumbai ‘evidence’ to Pakistan (Dawn)
NEW DELHI, Jan 5: India on Monday handed over a dossier to Pakistan, claming it incriminates “elements” from across the border with the Mumbai terror attacks and said Islamabad should extradite those involved to face Indian justice.
- Delta intros digital signage solution in India (CIOL)
NEW DELHI, INDIA: Delta, the world's largest provider of switching power supplies and DC fans, and video-wall, renewable energy and industrial automation products, introduced its high quality, high definition digital signage for the Indian market to help advertisers achieve the goal of delivering targeted messages to specific locations at specific times.
- Increased focus on India driven innovation (CIOL)
NEW DELHI, INDIA: The 22nd international conference on Very Large Scale Integration (VLSI) design and the 8th international conference on embedded systems was inaugurated on Jan. 5 with a galaxy of industry stalwarts in attendance.
- ICSA India (Rs 149.40): Buy (The Hindu)
We recommend a buy in ICSA India from a short-term trading perspective.
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