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Satyam may lay off over 12,000 employees

Satyam Computer Services, which is now controlled by Tech Mahindra, is planning to lay off 12,000 to 14,000 employees. Sources said that the new management made a formal announcement before senior management personnel on Thursday on the issue of reducing manpower by up to 14,000 people. Satyam currently has just over 40,000 employees, of which 19,000 are ‘billing employees,’ while …

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Infosys Campus Updates

The work on prestigious infosys IT campus in Kerala is in progress, up on completion it would be the most beautiful building in kerala.The cladding work is progressing fast on SDB – I of the Infosys campus even as piling nears completion on SDB – II. The first SDB is expected to soft-commissioned by next month. See some of the …

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NeST Technopark partnering with the USA based EASi

Network Systems and Technologies Pvt Ltd (NeST), a Trivandrum Technopark-based company, is partnering with the U.S.-based EASi, a leader in vehicle-product engineering, to develop integrated solutions for the automobile industry.Under the contract, EASi and NeST will jointly offer value-added solutions in active safety, telematics, infotainment and navigation systems. EASi, an engineering partner to leading car manufacturers across the world, offers …

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Rs 900-cr expansion plan for Technopark Tvm and Infopark Cochin

Technopark-Trivandrum and Infopark-Kochi have approved annual expansion plans envisaging budgets of Rs 650 crore and Rs 250 crore respectively for 2009-10. This was decided at general body meetings of the State’s two principal technology parks, the Chief Minister, Mr V. S. Achuthanandan.Briefing newspersons on the decisions taken at the meetings, he said the Technopark would immediately start construction activities that …

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RM ESI Tehcnopark concorded ISO 20000-1:2005 certification

Technopark-based RM Education Solutions India (RM ESI), the offshore development centre of RM plc, UK has been concorded the ISO 20000-1:2005 certification. An RM ESI official said that RM ESI, had undergone an audit conducted by Intertek, an international certification organisation providing professional management systems certification services, on behalf of RvA of the Netherlands, the accreditation body RM Education Solutions …

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Technopark adopts corporate policy on HIV/AIDS

The Group of Technopark Companies (GTech), the strategic grouping of IT companies in Technopark, has adopted a corporate policy on HIV/AIDS. GTech is the first industry organisation in Kerala to adopt a corporate policy on HIV/AIDS to help build a positive and supportive attitudes towards those infected and to promote the health and safety amongst the IT companies in the …

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Toonz Technopark inks deal with Illusion Studio

Toonz Animation Technopark, animation major in Technopark and South American studio Illusion Studios have inked a co-production deal for producing a 90 minute 3D animated feature film. According to a press release here today, the film ‘Gaturro’, which is based on the famous Argentine comic strip Gaturro and is created by Christian Dzwonik (Nik) Gaturoo, chronicles fun love story of …

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Slowdown may hit Smart City project in Cochi,Kerala

Kerala Chief Minister V.S. Achuthanandan said on Wednesday that the global economic slowdown may delay the launch of the Rs.15 billion Smart City project in Kochi. The proposed project, to be jointly launched by the state government and the Dubai-based infrastructure major Smart City, is slated to come up on a 246-acre plot with 8.8 million square feet of built-up …

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IT workers join unions to fight job cuts

India’s National Association of Software Companies is struggling to convince members of Unites Professionals, the fledgling but fast-growing information technology labor union, that the IT industry is not resorting to large-scale job cuts, nor is it facing an unstable future. The labor union has claimed that software companies are adopting a number of “unfair means” to cope with the economic …

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Recession as an opportunity?

Recession should not threaten the new generation; instead, it should be taken as an opportunity to practise new principles and acquire new skills,’’ said Finance Minister Thomas Isaac. He was delivering the convocation address at the Asian School of Business (ASB) in  Technopark It is sure that prospects shrink. However, opening up of the geographical boundaries of the European markets …

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Alamy Images India Pvt Ltd, Technopark

Alamy Images provides ‘hard-to-find’ and general royalty-free (RF) / traditionally licensed images from the world’s main picture agencies and photographers. The website was launched in February 2001 to provide image buyers with a single source for all their image needs supported by innovative technology and strong customer service. Alamy attracts a wide variety of excellent contributors who have never previously …

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NeST becomes the 4th Company in the world to receive Automotive SPICE(R) Maturity Level 5 Certification

Network Systems and Technologies Pvt Ltd (NeST) Technopark– a part of the NeST Group of Companies, has announced that its Automotive Software division has achieved Automotive SPICE(R) Organizational Maturity Level 5 certification under the PATHFINDER(TM) scheme. NeST becomes the fourth company in the world and the first company in Technopark to receive the Automotive SPICE(R) Maturity Level 5 certification. Automotive …

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AES Solutions Pvt. Ltd, Technopark

Today the entire field of energy production, transmission and distribution is undergoing a dramatic transformation. Liberalizations in these areas are going to radically change our lives. This requires innovation, professionalism and competencies to accommodate and manage the changes.European legislators have already considered these aspects, establishing the basis for a liberalized market. Other countries elsewhere have already started to follow. Drastic …

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Advanced Media Technologies Pvt. Ltd(AMTECH), Technopark

Advanced Media Technologies Pvt Ltd (Amtech) is an upcoming design studio with operations in India and Germany. The company has to its credit numerous award winning corporate movies/presentations developed for major events held across Europe and Asia. With web solution services and   the best of new media technology delivered to Fortune 1000 companies across the globe, Amtech has earned a …

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