Intel may announce management overhaul today: reports

New York The Economic Times Intel is expected to announce a management shake-up on Monday that will see its core chip business-head Patrick Gelsinger leave the company after 30 years, says a media report. Attributing to people briefed on the company, The New York Times said, Intel is expected to reveal a sweeping management change on Monday. Among other changes, the chipmaker would announce that Pat Gelsinger, the senior vice president in charge of Intel's enterprise group, is leaving the company after 30 years performing a variety of roles,...

Canon to provide multifunction printers to HP

Tokyo The Economic Times Japan's Canon Inc said on Monday that together with Hewlett-Packard they have agreed to jointly market and distribute multifunction office systems. Canon, which already supplies laser beam printers to HP on an original equipment manufacturer basis, will start providing advanced multifunctional printers to the US company later this year....

Software to help diagnose cardiac infections

The Times of India (Kolkata edition) A teachable software, designed to mimic the human brain, may help diagnose cardiac infections in a non-invasive manner, suggests a new research. Endocarditis — an infection involving the valves and sometimes chambers of the heart — can be a problem in patients with implants. It is a serious condition and can be deadly. The mortality rate can be as high as one in five, even with aggressive treatment and removal of the devi...

UK woos investment from India in IT sector

Writankar Mukherjee, Kolkata The Economic Times (Kolkata edition) At a time when the global economy is showing signs of bottoming out, the UK government is going all out to attract Indian investment in the information and communication technology (ICT) sector. At least 50 Indian ICT companies have shown interest to either set up operations or expand their existing base in the UK, said UK Trade and Investment sector champion (digital technology and content) Dave Gorshkov. Talking to ET during his visit to Kolkata on Monday, Gorshkov said UK is...

State beats southern peers in IT infra projects

Subrahmanyan Viswanath, Bangalore Deccan Herald Recession may have put paid to big-ticket ambitions of global corporations. The economic slowdown, sending majority of them into cost-cutting mode reining in their IT spends. However, closer home, though, global developments have not, in anyway, dented investments in IT & ITeS infrastructure projects by private developers, across southern states of India. And given it’s iconic status as Silicon Valley of India, Bangalore, in particular, & Karnataka, in general, as ever, lead from the front....

New entrepreneurs shifting from IT-Related projects: TIE

Bhaskar Hazarika, New Delhi Financial Chronicle First generation entrepreneurs are now shifting the focus from IT development products to retail, media, education, healthcare and bio-technology. Out of every 10 upcoming entrepreneurs seeking seed funding for projects, six to seven are not associated with IT development or products. Elaborating on this trend, Saurabh Srivastava, chairman emeritus of The Indus Entrepreneurs (TiE), Delhi said that entrepreneurship had matured in India and there was a paradigm shift from traditional IT development...

Indian scientist invents fastest disk encryption system

Kolkata Mint An Indian scientist has claimed to have developed the fastest internationally known method to encrypt hard disk of a computer so that data remains secure even from attack by hackers. The new algorithm developed by Palash Sarkar, a professor at the Indian Statistical Institute (ISI), Kolkata, is reportedly 30 to 40% faster than the previous ones. From a practical point of view, the requirement is actually to achieve both speed and security. Otherwise, encryption and decryption may take so much time that softwares which run on computers...

Polaris ties up with HK firm for foray into CHINA, MACAU

Shyamala Seetharamanan, Chennai Financial Chronicle The Times of India The Hindu Polaris Software Lab announced its tie up with PCCW Solutions on Monday to jointly market the former’s banking and insurance solutions in Hong Kong, Macau and mainland China. The move is part of Polaris’ strategy to explore new markets in Asia, Africa and Latin America. PCCW Solutions is a subsidiary of Hong-Kong-based telecommunications company PCCW. The two companies will leverage Polaris’ flagship product Intellect Universal Global Banking (GUB) 10.0. The partnership...

Elitecore eyes RS 100 crore acquisition in network security

Vinay Umarji, Mumbai/Ahmedabad Business Standard In a bid to become a $ 50 million within two years, Elitecore Technologies is mulling to take the inorganic route. The Ahmedabad-based company is looking at Rs 100 crore acquisition in the US or European markets in the network security segment. As an option, the company is also open to technology acquisition from innovators in the country. "We face a tough competition in the network security segment. Yet, recently we became the only Indian company in network security to feature in Gartner's report...

IBM logs on to SEWA

Ahmedabad The Times of India Thirty-eight-year-old Kensuke Kobayashi from Japan, an IT architect, is busy developing a user friendly computer application for members of Self Employed Women's Association (Sewa) and will help connect its rural members on a regular basis for their day-to-day needs by creating a database. Kobayashi is among a group of IBM employees from Brazil, Canada, Ireland and Germany who have voluntarily opted to work in Ahmedabad for a month on various economic and social problems like improving the livelihood of rural tribal...

SMES take the MES route

Payal Agrawal The Economic Times (Delhi edition) In an increasingly competitive scenario with rapidly fluctuating customer demands, process flexibility and production scheduling is gaining significance for manufacturing industries, particularly the auto components sector. The Indian automotive components manufacturing industry, largely composed of Tier II and Tier III firms, include original equipment manufacturers (OEMs) and other components manufacturers from the SME sector. The main problem here is to meet the fluctuating demands of automobile...

A Framework for seamless integration

(The Economic Times, Delhi edition) Abicor Binzel Production (India) is an SME providing welding solutions such as automotive welding accessories and robotic peripheral systems for fabricating automobile bodies in India. The company planned to expand its operations in the country. However, it faced some challenges with respect to demand and supply, inventory planning and scheduling. Tracking the quality of automobile welding systems and reporting financial results were other pressing problems. Earlier, the company had implemented solutions like...

LG to re-enter laptop biz with mini notebooks by year end

New Delhi The Economic Times Financial Chronicle The Hindu Business Line The Financial Express Business Standard The Times of India Korean electronics giant LG will re-enter the laptop business in India with plans to launch mini notebooks by the end of this year. The company had earlier this year in February stopped selling laptops in India due to financial non-viability. "Notebooks hardly generate profit as big amount of purchase comes only from corporates...We had pulled out but we are thinking of starting again by launching netbooks...

Cypress eyes cheaper solar photovoltaics

Bangalore The Economic Times (Bangalore edition) Cypress Semiconductor, a leading technology company, has placed large bets on the solar photovoltaic market in India with the aim of bringing affordable solutions to the end consumer. Cypress forayed into the Indian solar photovoltaic market during end of 2008 and has few of its technologies already being implemented by a few enterprises. Rajeev Mehtani, senior VP, Cypress Semiconductor, India said, “We are working in our development centres in Chennai and Bangalore to develop solutions for efficient...