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According to research firm Gartner, Indian  IT companies  collectively grew 18.9% in  2010, which is well above the market average and about seven times faster than the growth of IBM (2.6%)- the world leader in IT services. The market share of Indian vendors has increased from 4.8% (in 2009) to 5.5% last year. Worldwide end-user spending on IT services totaled …

Congress-led UDF and CPI(M)-led LDF appeared to be locked in a neck and neck race in Kerala Assembly elections for which early trends were available. By the latest result UDF has got 71 seats and LDF has got 69 seats. Chief Minister and CPI-M veteran V S Achuthanandan, Opposition leader Oomen chandi, Home minister Kodiyeri balakrishnan are the ones among …

Gigo Joseph, a veteran with 16 years of rich global market experience, assumed office on May 9, 2011 as the Chief Executive Officer for Infoparks Kerala. Prior to joining Infopark, Gigo Joseph was associated with Infosys, where he worked as Group Manager for four years. He has been instrumental in setting up Infosys operations in Trivandrum. Mr. Joseph started his …

>>Athirup’s bicycle club (ABC), first cross city bicycle club in the state, is becoming popular.   ABC’s cycle racks in major places like Kowdiar, Vellayambalam, Vazhuthacaud, Museum, Sasthamangalam, Bakery Junction, Thampanoor, Pazhavangadi and Kesavadasapuram is the hot favourite of bicycle lovers in the city.  An average of five cycles will be seen at each of these spots. ABC has various …

UST Global announced a new CSR initiative named  AroundUS – a Reform – Where you can choose any Community activities categorized – GREEN, HEALTHCARE and EDUCATION.  This gives employees a chance to work in their Locality or with Residential Associations for a noble cause. Thereby, transforming lives of the community. It is an obligation to help those who are less …

Spotted this same car for the third time parking the same way in the Technopark parking space behind Pamba building. Why our people are so irresponsible? Watch out the Yellow line. All other cars are parked properly, but what is special with this car? I’m reporting it to technoparktoday.com since I noticed this car for the third time parked similarly. …

Veteran banker and former chairman of ICICI bank,Kundapur Vaman Kamath has been appointed the new Chairman of Infosys’ Board of Directors. He succeeds N R Narayana Murthy, who has been made Chairman Emeritus of Infosys for life. The current CEO and Managing Director, S ‘Kris’ Gopalakrishnan, will be the co-chairman, while the Chief Operating Officer, S Dinesh Shibulal, will take …

>>Gayathri Govind is twinkle-toed. In fact she proved she does not have two left feet in Asianet’s ‘Thakadhimi.’ The dancing lass is on seventh heaven having won the title and hefty prize money. Having started dancing from the age of three, Gayathri was always interested in learning various Indian dance forms. Bharatanatyam, Mohiniyattam, Kuchipudi, Ottanthullal, Kathakali, and Kathak. Gayathri’s distinctive …

>> Global consulting and IT companies Ernst and Young (E&Y),  Global Shared Services and Cognizant will be setting up their units in Kerela at Infopark Kochi campus, giving a boost to the information technology sector in Kerala. The agreement with the two companies was signed by Infopark CEO Binu Pazoor in the presence of Chief Minister V S Achuthanandan today. “In …

“GIST”, a campaign organized by Vibezon Concepts from May 5, 2011 to June 5, 2011 is to draw public attention to the widespread prevalence of use of tobacco and to negative health effects, which leads to slow death. On June 5th, they are organizing an event in Trivandrum which includes an exhibition of posters, screening of the anti-tobacco ad films, …

K-MUG, The Kerala Microsoft Users Group is organizing ‘Tech-Ed on the road’ on May 14, 2011 at the Park Centre in Technopark. Participation in K-MUG is an excellent, inexpensive way to receive technical content, education and to meet with peers to get more out of the Microsoft platforms, products, technologies, and resources. For registration, follow these links: http://communitytechdays.com/ http://k-mug.org/content/ctd11.aspx

Indian IT giant Wipro has announced a salary hike of 12-15 percent for its Indian employees and 2-4 percent for its overseas employees, effective from June 1. The announcement regarding pay hikes came by as Wipro reported a 14 percent year-on-year rise in net profit for the January-March quarter in line with the market trends. The company reported a net …

The Indian Green Building Council (IGBC) has pre-certified the Technopark Phase-III Building as GOLD under the LEED India rating System. This is for the first time that a facility of Technopark is being awarded a Green Building Certificate. The construction activities of this structure with a built up area of 10 Lakh Sq. Ft. is progressing very fast. This is …

A study by global consulting and research firm Everest Group, titled “Role of Global Sourcing in Financial Services,” says that India will play a key role in global Business Process Outsourcing in the financial services sector, which has the potential to reach a market size of $250 billion. The financial services BPO (FS BPO) sector, is a $16-18 billion market …

Humais Al Tayer, Member of Supreme Committee for Dubai World Group and Dubai Holding Group, has informed Kerala Chief Minister V S Achuthanandan that the planning, recruitment, and tendering process for various works related to the Smart City Kochi project are progressing, and that it would only be a matter of weeks before the resources are mobilised toward the work …

Al Qaeda leader Osama bin Laden killed in a commando operation by US force in Pakistan. US officials said the operation that killed bin Laden lasted less than 40 minutes and also left three other men and a woman dead, including a son of the Al Qaeda chief. Two of the men worked as couriers for bin Laden and the …

In a major top-level management restructuring, India’s large software firm Infosys named veteran banker K V Kamath as the new chairman to succeed founder N R Narayana Murthy , who retires in August. Infosys Technologies has also appointed current CEO S Gopalakrishnan as the Executive co-Chairman and promoted COO S D Shibulal as CEO and MD.   Murthy, who turns …

Friday’s hartal was for a good cause – to ban Endosulfan, but end does not always justify means.  The rude behaviour of pro-hartal activists has taken the spirit out of the cause.  A group, in the name of hartal, has targeted Technopark on Friday.  In the morning, they blocked the Technopark convoy.  Though escorted by police, the employees had to …