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[11 Mar 2010 | No Comment | ]

Even as Finance Minister Thomas Isaac reiterated the State government’s commitment to execute the proposed SmartCity Kochi project during his budget presentation, more than 50 families relocated for the project at Edachira are on the warpath alleging apathy on the part of authorities in providing the promised basic amenities on the land allotted for their rehabilitation.
“We were moved out in November 2008 and were promised power, water, and road on the rehabilitation land within six months. But till now we have got only electricity. If no steps are taken to …

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[7 Mar 2010 | 3 Comments | ]

Kerala Finance Minister T M Thomas Issac on Friday announced that the government would take measures to create one lakh (100,000) job opportunities for the IT sector in the state.
He also said that the Smart City project would be implemented in two stages at the Infopark and an amount of Rs 50 crore (Rs 500 million) has been sanctioned for the first year, the minister said.
The minister also said that the Kannur airport would be implemented in the manner of Cochin International Airport with public-private participation. The government will have …

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[6 Mar 2010 | 7 Comments | ]
Rediff: Trivandrum is one of the Hottest IT Destinations in India

Trivandrum figures fourth on the list, after Bangalore, Hyderabad and Chennai

IT News »

[5 Mar 2010 | No Comment | ]

Chief Minister VS Achuthanandan today all most scripted the future of Smart City stating that IT sector in the state is safe even without the project. The CM took on the opposition for trying to give a picture that Smart City is everything regarding IT in the state. Achuthanandan continued his prior stand that his government has taken corrective measures over the wrong doings of the past UDF government.
The CM informed that the government has made all moves to ensure 10,000 crore worth investment in IT sector.
Meanwhile Oommen Chandy, opposition …

IT News »

[25 Feb 2010 | One Comment | ]

The government has been contemplating to handover the prestigious Smartcity project to Inforpark as the former is in a state of limbo for past two years and consecutive talks with Smartcity Tecom officials have proved futile, informed Thomas Isaac, state Finance Minister.
The project, the foundation stone of which was laid in November 2007, is yet to take off due to differences between the State Government and Tecom, the promoters of the project, over issues like granting freehold right for 12 percent of the land allotted for the project.
While the government …

IT News »

[23 Feb 2010 | One Comment | ]

The fourth phase of the Technopark here, branded TechnoCity, is expected to generate 50,000 direct jobs and provide indirect employment to 2 lakh, according to officials of the Kerala IT department.
The state IT department has announced completion of all formalities pertaining to acquisition of the 451 acres required for TechnoCity. In addition to 205.11 acres of land acquired by June 2009, 245.89 acres have been acquired since then, completing the land acquisition exercise. Officials said the state government had finalized the rehabilitation package for evictees affected by the project.
TechnoCity is …

IT News »

[22 Feb 2010 | One Comment | ]

Innoz technologies, a very unique and successful student start up company in Technopark developed a new innovative solution named Tranz-File for mobile devices, for file sharing among mobile networks.
Tranz enables you to share photos,videos & music with your friends and family – right from your GPRS/3G mobile phone.
Tranz is a file sharing and networking application that enriches your mobile Internet experience. Using Tranz you can stay connected with your closest buddy list i.e. your phonebook! Sharing files could never have been so easy. Tranz lets you share any kind of …

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[19 Feb 2010 | 5 Comments | ]
UST Global becomes new Virgin Formula One Racing sponsor

Virgin Racing and UST Global intend to develop a strong operational partnership and over the course of the relationship, UST Global will collaborate with the team on a number of high-level technical projects. For 2010 UST Global is developing a bespoke race management tool that will provide the race engineers a 360 degree trackside perspective as each Grand Prix unfolds. This software collation programme will integrate a number of different information data streams from the FIA and FOM, the GPS positioning of the Virgin Racing cars out on track relative …

IT Companies, IT News »

[17 Feb 2010 | No Comment | ]

Light Logics Holography and Optics, Technopark and STX Aprilis, USA have inked agreement of co-operation on next generation holographic materials and devices. STX Aprilis is the global leader in holographic high density data storage and holographic photo polymer material, popularly known as the silicon of photonics.
Aprilis is now based in the same building where the historic American company Digital Equipment Corporation (DEC) existed.  In a function held at Maynard, Boston, on January 18, 2010, Dr. Ajith Kumar, President and Leading Specialist, Light Logics, Mr. Heonsoo Rhee, CEO and President, STX …

IT News »

[15 Feb 2010 | No Comment | ]

Technopark based Innoz Technologies has won the `Stat Entrepreneurship Award’ in the third International India Innovation Summit held in Mumbai. The International India Innovation Summit was aimed at developing an insight into creating a mindset for Innovation.
Innoz is a startup company in Technopark Stared by a group of engineering students from LBS College of Engineering,Kerala. Innoz is working in rich mobile and web applications.

IT News »

[15 Feb 2010 | No Comment | ]

The Union government has Thursday accorded SEZ status to the prestigious Cybercity project at Kochi, became a major boost to Kerala IT industry.The propsed project is 100 per cent subsidiary, and the Blue Star Raltors Pvt Ltd proposes to set up a state-of-the-art Rs 400 crore cyber city in 70 acres of land.
HDIL Cybercity will be Kerala’s first integrated IT township with residential apartments, villas, schools, shopping malls, multiplex, club house, service apartments and a star hotel, besides finest infrastructure facilities for IT and ITeS companies.
HDIL Cybercity which has a …

IT News »

[15 Feb 2010 | One Comment | ]

A decision on whether TECOM should be called in for completing the proposed Smart City project in Kochi would be taken in a month’s time, said Minister S Sarma, who is also the project chairman of Smart City.
He said the government hitherto waited for TECOM. This will not work again. It is high time the government waited for TECOM. Now, the government will take decision within one month whether it is necessary or not to invite TECOM to be part of Smart City.
He reiterated that TECOM’s demand to make available …

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[11 Feb 2010 | No Comment | ]

The worldwide economic meltdown and the strengthening dollar pulled down the Indian IT sector last year. The sector, which had been a major contributor to India’s GDP, rebounded solidly from the global predicament by diversifying itself into diverse industry verticals and new geographies.
The worst hit by the meltdown was the business process outscoring or BPO industry. And with US President Barack Obama planning to slash outsourcing, the future does look tense. The government needs to address the problems of the BPO sector, which is a major contributor to India’s export …

IT News »

[11 Feb 2010 | No Comment | ]

Indian Union Muslim League State general secretary P.K. Kunhalikutty has described baseless Chief Minister Achuthanandan’s statement blaming the United Democratic Front (UDF) for the failure of the SmartCity project.
Talking to reporters at Manjeri near here on Monday, Mr. Kunhalikutty said that it was the UDF that brought the SmartCity project, and that the Chief Minister was trying to condone the government’s failure to implement the project.
“When the UDF comes to power, we’ll set up more than one SmartCity in Kerala,” the Muslim League leader said.
Via

IT News »

[9 Feb 2010 | No Comment | ]

IBS Software, Technopark based IT systems provider to travel, transportation and logistics industries, on Tuesday said it had won the ‘IT Systems Provider of the Year’ award at the Air Cargo India 2010 event in Mumbai.
the award for company’s cargo management solution iCargo was based on an online poll by STAT Trade Times, organizers of the event.STAT Trade Times is considered one of the most authoritative journals in Asia Pacific, providing in-depth coverage for the shipping, transport, aviation and tourism (STAT) industries.
IBS’ cargo management solution was developed four years ago …

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[9 Feb 2010 | 2 Comments | ]

QBurst introduces, “theapps.mobi” which gives you instant access to your favorite iPod/iPhone apps without installing itunes. theapps.mobi brings you a faster and easier to use platform with different categories of iPhone and iPod touch apps, ranging from Education, Business and Entertainment to Travel, Weather, Lifestyle and Games.
The website showcases the latest products to stuff your iPhone and iPod touch and that too with regular updates. This site enables users to post comments, reviews and rate the available apps.  This in turn helps to easily locate the desired category and …

Headline, IT News »

[8 Feb 2010 | 2 Comments | ]
Land Acquisition for Technocity Completed

The Government announced today that all formalities for the acquisition of 245.89 acres of land for Kerala’s biggest IT infrastructure project, Technocity, which is also the fourth phase of expansion of Technopark. With this, 451 acres of land have become available as part of this mammoth project which will involve a total investment of over Rs 6000 Crores and is expected to generate over 100,000 direct employment opportunities and over 200,000 indirect jobs.

With this, Technopark’s total area will spread across 451 acres, which includes not just space for IT-ITES firms but also residential, commercial, hospitality, medical and educational facilities to make it a complete IT city. The project is planned as a satellite city that would not strain the resources and infrastructure of the state capital.

IT Companies, IT News »

[3 Feb 2010 | 2 Comments | ]

Technopark based firm UST Global has opened its new facility in the Philippines, and is already aiming to expand its work force to 1,000 and reach revenues of $32 million in its first year.
In a press briefing yesterday, UST Global Chief Executive Sajan Pillai said the new facility in Taguig has 200 employees but the work force would be increased substantially in a few years.
“We’re going to hire 1,000 employees in the next three months and hopefully reach around 2,000 for the year. In the next three years we plan …

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