TCS wins Rs85 crore Indian Bank contract for rural banking solution

Tata Consultancy Services (TCS) has won a Rs85 crore contract for implementation of a financial inclusion solution for Indian Bank.
The project, based on smart card and cloud computing technologies, would enable the bank to offer rural banking services across 5,500 villages, according to the software exporter.

TCS signs 10-year core banking deal with Deutsche Bank

Tata Consultancy Services (TCS), India’s largest information technology (IT) services provider said it had signed a 10-year deal with Deutsche Bank to replace its existing core banking solutions with TCS Bancs. The implementation will cover over 30 countries.

InformationWeek Confers "ValueHonors" Awards to Six HCL Technologies Customers

HCL Technologies Infrastructure Services Division (HCL), one of the leading global IT Services Provider and subsidiary of HCL Technologies Ltd., today announced that six of its customers: Cummins, Teradyne, one of the world's leading mobile manufacturers, Old Mutual Wealth Management: Skandia and Xerox have been facilitated with "ValueHonors Awards" by InformationWeek, a UBM TechWeb media brand. The winners were announced at the Information Week 500 annual awards ceremony which is held in St Regis, Monarch Beach CA, every year. The customers were recognized for their immense contribution in creating "value and transforming business" in their global sourcing engagements through active collaboration with their sourcing partner.

American AgCredit successfully implements HCL's CapitalStream

HCL Technologies has announced American AgCredit has successfully implemented the CapitalStream Straight Through Processing (STP) solution to gain greater operational control, improve reporting capabilities and ensure data integrity.

Cogizant-Microsoft partner to develop cloud computing

Indian software firm cognizant has partnered with global software giant Microsoft to provide cloud computing solutions

TCS , Infosys, Wipro in race for IRDA IT project

 Indian IT giants, including TCS, Infosys and Wipro , have been shortlisted by insurance regulator IRDA for financial bidding to implement its enterprise resource planning (ERP) system.

Oracle Pulls Plug On OpenSolaris Development Work

Oracle apparently has decided to shut down the OpenSolaris project, the open-source version of the Solaris
The news that OpenSolaris is being discontinued came in an internal memo to Oracle developers late last week that was leaked to the OpenSolaris mailing list and posted online.
The memo said Oracle would devote its development resources to Solaris 11, the next release of the commercial version of the Unix-based operating system. Last week John Fowler, Oracle's executive vice president of systems, outlined the time table under which Solaris 11 will ship next year.