Industry Updates:
ª Job street in India to get flooded by next year with the hiring plans of the Global consultancy firms Accenture,
Deloitte, banks StanChart and Barclays and Indian IT giant Infosys (Source: ET)
ª India’s GDP (7.9%) beat all forecasts, showing that the economy is in fine fettle (Source: ET)
ª The Internet pioneer formerly known as America Online, now known as AOL, will be known as Aol (Source: Reuters)
ª MphasiS reported a sharp 44% rise in revenue and a two-fold jump in profit after tax (PAT) during the year ended October 2009 (Source: ET)
Launches & Innovations
ª Yahoo! integrates Twitter with news search (Source: Strategyeye)
ª Twitter and LinkedIn share status updates (Source: Indiatimes)
ª New Informatica platform to enable the Data-Driven Enterprise
(Source: Biztech2.com)
ª Microsoft to launch Azure cloud service early next year (Source: Reuters)
ª Wipro released a medical gateway device that can remotely gather vital patient data, format them as standard patient information and upload them into servers and platforms for hospitals to access (Source: Deccan Herald)
ª New Enterprise Messaging, Content Security Solns Unveiled By WatchGuard (Source: Biztech2.com)
ª IBM has launched a new cloud computing service, aiming to take on companies such as Amazon.com Inc,
Google Inc, Microsoft Corp and Salesforce.com Inc. (Source: Indiatimes)
Deals, Contracts & Expansions
ª IBM to buy the database security start-up Guardium (Source: Reuters)
ª HCL Technologies bags $200-m deal from UK firm (Source: Indiatimes) & also wins an outsourcing order (Source: ET)
ª STel awards five-year system integration contract to Tech Mahindra (Source: ET)
ª Genpact bags a five-year back office services contract from telecom operator Unitech Wireless (Source: ET)
ª Wipro bags Australian university deal (Source: Indiatimes)
ª Avaya collaborates with Orange Business Services in India for unified communications services and solutions (Source: Avaya)
ª Juniper to invest $400mn in India (Source: Indiatimes)
ª Google buys AdMob, Secures Strength in Mobile Advertising (Source: Gizmodo)
ª Ciena Corp will buy Nortel Networks Corp's optical networking and carrier Ethernet business (Source: ET)
ª Ericsson to buy Nortel's U.S. GSM Business (Source: WSJ)
ª Infosys BPO to buy U.S. McCamish Systems (Source: WSJ)
ª MySpace close to acquire iMeem (Source: Techcrunch)
ª Wipro buys Yardley personal care businesses for $45.5mn (Source: ET)
Other Updates
ª BPO & KPO chief of Infosys quits (Source: ET)
ª LinkedIn sets up shop in India, ropes in MySpace's India head (Source: ET)
ª SAP appoints Peter Gartenberg as Chief Operating Officer for India (Source: Biztech2.com)
ª Mahindra Satyam appoints Sudhir Nair as the Head of Infrastructure Services (Source: Mahindra Satyam)
ª Wipro opens centre in China (Source: Indiatimes)
ª Infosys opens 2nd Latin America IT development center serving global, near-shore & Latin Amer. Clients (Source: Infosys)
Hiring & Firing
ª Adobe cuts 680 jobs (Source: Reuters)
ª Microsoft is cutting 800 more jobs in addition to the 5,000 layoffs announced previously (Source: ET)
ª TCS hires 300 associates for its US Software Delivery Center (Source : ET)
ª Accenture to hire 8,000 in India (Source: Indiatimes)
ª Deloitte to hire 15,000 people in India (Source : ET)
ª Infosys Technologies plans to hire around 20,000 next year (Source: Biz. Std.)
ª Patni to hire up to 1,500 next year (Source: Biz. Std.)
ª Capgemini to expand India headcount (Source: Indiatimes)
ª Nokia to cut 220 R&D jobs (Source: Indiatimes)
ª Mahindra Satyam plans to appoint 1,000 freshers by December 15 (Source: Indiatimes)
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