Second quarter fiscal 2010 revenue of $37.5 million and EPS of $0.12
Cash, cash equivalents, short-term investments and long-term investments of $123.8 million, an increase of 6% over the first quarter of fiscal 2010
Acquires InSource, a privately-held technology consulting firm with domain expertise in the insurance and healthcare industries
Chennai/ Hyderabad – (November 9, 2009)– Virtusa Corporation [...]

Over 1000 India Employees will Volunteer at 37 Projects Across 27 Cities
Over a thousand Citi India employees will join over 40,000 colleagues on Saturday, November 7, 2009 in more than 90 countries across the world on the company’s fourth “Global Community Day”. An annual event, “Global Community Day” provides Citi employees a unique, global platform [...]

Ringce today announces Slammer 0.9.6, an update to their designer’s layout and geometry utility for Mac OS X. Suitable for graphic designers, web and application developers alike, Slammer is a universal layout tool which can be used as an overlay on top of any application while tweaking a design. Make blueprints by sectioning a canvas [...]

Rediff.com has taken a Minority Interest in Location-enabling Technologies Company, Imere
Imere Technologies Pvt. Ltd., a Bangalore based company has got backing from India’s leading online portal, Rediff.com India Ltd (NASDAQ: REDF), both in terms of capital and as a platform.
Imere brings location-awareness to applications and provides a host of comprehensive geospatial features for [...]

Cavin Kare in collaboration with Jagran Solutions, India’s leading new age marketing agency that provides solutions for Brand Activation via Consumer Connect Strategies, had recently launched a campaign to promote its new product “Nyle Herbal Strengthening Shampoo” in New Delhi.
Nyle Herbal Strengthening Shampoo is a product targeted primarily towards girls belonging to [...]

– Takes the lead in leveraging virtualization & management technologies to deliver cloud computing for large enterprises
– Offers ‘Pay as you go’ enterprise class IT infrastructure & reduced IT management hassle for SMBs
– Reliance Cloud Computing Services to target 35 million businesses
In a move that combines the power of virtualization technology and cloud [...]

Chennai, 27th October 2009: K7 TotalSecurity, an integrated product featuring Antivirus, Firewall, Privacy and Anti-spam, developed by K7 Computing, has earned the “Compatible with Windows 7” logo from Microsoft Corp. The product offers enhanced performance in detection of threats and advanced features in protection against viruses.
K7 TotalSecurity is among the first Indian security software to [...]

HOV Services Ltd, India’s top tier BPO Company and a leader in Global KPO space today announced its second quarter & half yearly results ended September 30, 2009.
Financial Highlights for Second Quarter ended September 30, 2009
Consolidated Financial Performance for the Second Quarter ended September 30, 2009
– Total Income for the Second quarter [...]

Grows revenues 17% over previous year, Net Loss for the
Quarter at $ 2.36 million
Chennai, Friday, October 23, 2009: Sify Technologies Limited (Nasdaq National Markets: SIFY), a leader in Enterprise and Consumer Internet Services in India with global delivery capabilities, announced today its consolidated unaudited results under International Financial Reporting Standards (IFRS) for the second quarter [...]

New Delhi, October 22, 2009: Tata Consultancy Services (TCS), a leading IT services, business solutions and outsourcing firm, announced that the 2009 edition of TCS IT Wiz – India’s largest technology quiz for schools – will be held in New Delhi on Saturday, October 31, 2009 at Dogra Hall, Indian Institute of Technology, Hauz Khas, [...]