Wipro has been placed among the top 100 companies in the world while Infosys Technologies and VSNL are among top 200 firms on the list compiled by Business Week, says a PTI report from New York. Wipro occupies the 87th position. Infosys is placed at 102 and VSNL at 143 in the rankings published in the latest issue of the magazine. The ranking is based on the most recent annual sales and earnings, revenue growth rate and return on equity among other factors, the magazine said. Rediff pact Leading portal Rediff.com India and Standard Chartered banking group today signed a pact to provide retail banking services, including information on deposits, loans and mutual funds on the Internet. Users will be able to directly interact with the bank and make request for products at standardchartered.rediff.com, a PTI report quoted Standard India chief executive Harpal Dugal as saying. The bank would pay charges to the portal for the business garnered through the Web site. Web hosting After bandwidth, it’s the co-location and Web hosting services offered by Internet data centres (IDC) that are likely to get commoditised, says an Economic Times report. Rising competition among data centre players and low utilisation of their existing facilities have forced them to offer hosting and co-location services at rates much lower than before. Basic services like hosting form the core business for most operational data centres. "Anything that is standard and not value added will become a commodity in future. And, therefore, basic services call for a reduction in price," says Sharad Sanghi, director, Netmagic Solutions, a Mumbai data centre operator. IT exports Indian export of electronics and
computer software is estimated to touch $ 8.08 billion in 2000-01,
accounting for 15 per cent of the country’s overall export earnings,
the minister of State for Commerce and Industry, Mr Omar Abdullah, said
while addressing a seminar on foreign investment opportunities in Italy,
reports The Hindustan Times. The export of computer software during
2000-01 grew by about 47 per cent over the previous year to $5.98
billion. |