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BANGALORE: When Infosys launched its reusable software platform Flypp for mobile operator Aircel nearly three years ago, the innovative solution was perceived as harbinger of the Bangalore-based company's now retooled business strategy.
But since December 2009, when Flypp was unwrapped, it has failed to make much progress, highlighting the potential pitfalls of software platforms on which Infosys has pinned such high hopes.
STORY HIGHLIGHTS
Hundreds of titles crowd the "workplace" genre in China's bookstores
Appeal lies in the books' mix of soap opera plots and career advice
Books provide information for aspiring careerists, says novelist
Genre fails to pay attention to more positive cultural values, says literature professor
India's inflation rate rose to a higher-than-expected 7.55% in August on a year earlier, official figures show.
Higher food prices were mainly behind the rise, which comes ahead of a Reserve Bank of India meeting on Monday to decide interest rate policy.
Analysts had expected the August inflation rate to be about 6.95%.
NEW DELHI: Technology giant Oracle today launched its Exalytics In-Memory Machine, aimed at helping enterprises use business intelligence software and hardware for analytical and performance management applications.
Companies are looking at using information stored in database, which ranges from a few dozen terabytes to multiple petabytes. Industry experts believe analytics is receiving a major boost as there is an exponential growth in data.
Chinese telecoms and computer network giant Huawei Technologies is to invest £1.3bn in expanding its UK operations.
Huawei is to invest the funds in areas such as mobile broadband over five years, creating up to 700 new jobs.
Prime Minister David Cameron said the investment demonstrated that the UK is "open for business".
China's Premier, Wen Jiabao, has told the World Economic Forum in Tianjin that his country is on track to hit growth targets for this year.
He also called on international leaders to strengthen co-ordination and oppose trade protectionism during the global economic slowdown.
His address comes amid signs that China's economy may be slowing faster than previously thought.
(Financial Times) -- China has approved plans for Rmb1tn ($158bn) in infrastructure spending, an investment push that analysts say will help support growth in the stuttering economy.
The money will be rolled out over several years and the government has not described the investments as a stimulus package, but the announcements nevertheless fuelled renewed optimism about China's prospects.
In ET Now's Global Insights show, Punita Kumar Sinha, Founder & Managing Partner, Pacific Paradigm Advisors, speaks to Arvind Subramanian, Senior Fellow, Peterson Institute for International Economics, and Richard Titherington, MD & CIO-EM, JP Morgan AMC, for their take on the rising dominance of BRICs in global economy.
A robot remotely controlled by a low-wage foreign worker could soon compete with some U.S. workers, suggests MIT doctoral student in information technology Matt Beane in Technology Review.
Companies now produce and sell robots that allow users to navigate through a remote working environment, interacting by means of a computer screen.
Argentina's government has cancelled a tender for companies to operate parts of its 3G mobile phone network, and said a state-owned operator will run it.
State telecommunications company Arsat will run the parts of the network in question.
Planning minister Julio De Vido said the tender was cancelled over fears of monopolisation by private companies.
