• Sign Up
  • |
  • Sign In Sign Out
  • |
  • Make us your home
  • |
  • RSS
1 2
1 15
1 35
1 4
1 9
1 13
1 25
1 5015
1 5013
  • Email us at buyorsell@ndtv.com
  • Call us at 011-26201171
  • BUDGET BUILD UP- INDIA'S TOP MINISTERS: AT 1 PM & 10:30 PM, SUN 3 PM
  • BUDGET BUILD UP- INDIA'S TOP MINISTERS: AT 1 PM & 10:30 PM, SUN 3 PM
  • BUDGET BUILD UP- INDIA'S TOP MINISTERS: AT 1 PM & 10:30 PM, SUN 3 PM
  • BUDGET BUILD UP- INDIA'S TOP MINISTERS: AT 1 PM & 10:30 PM, SUN 3 PM
  • IF FUEL AND BANK LIABILITIES ARE NOT PAID ON TIME, THE OPS COULD STOP
  • TO EMPLOYEES: NEED TO UNDERSTAND THAT CO IS IN DIRE FINANCIAL STRAITS
  • FOREIGN FUNDS NET BUY RS.210.82 CR IN EQUITIES ON JULY 3 (PROVISIONAL)
  • DOMESTIC FUNDS NET BUY RS.298.58 CR IN EQUITIES ON JULY 3 (PROVISIONAL)
  • RIL YET TO CHALLENGE BOMBAY HC ORDER WHICH WAS IN FAVOUR OF RNRL IN SC
  • RIL FILES A CAVEAT IN SC IN RESPONSE TO RNRL'S SPECIAL LEAVE PETITION
  • CLB ORDER IN THE MATTER OF MAHINDRA SATYAM EXPECTED ON MONDAY
  • RIL FILES A CAVEAT IN SC IN RESPONSE TO RNRL'S SPECIAL LEAVE PETITION
  • CLB ORDER ON THE MATTER EXPECTED ON MONDAY: SOURCES
  • OPEN TO 1-2 GOVT NOMINEES TO BE RETAINED FOR INVESTIGATION PURPOSE
  • MAHINDRA SATYAM BOARD HAS WRITTEN TO CLB TO RECALL GOVT NOMINATIONS
  • ASHOK LEYLAND SALES AT 3,971 UNITS VS 7,144 UNITS (YOY)
  • BHARTI WILL NEED SHAREHOLDER APPROVAL FOR SCHEME OF ARRANGEMENT
  • ORDER CONDITIONAL ON BHARTI GETTING NOD FOR SCHEME OF ARRANGEMENT BY HC
  • BHARTI GETS INTERPRETIVE ORDER FROM SEBI ON WAIVER OF OPEN OFFER
  • TATKAL BOOKING PERIOD REDUCED TO 2 DAYS FROM 5 NOW
  • TO FORM EXPERT COMMITTEE FOR OPTIC FIBRE CABLE NETWORK
  • PROVISION FOR NEW LINES AT RS.2921CR FROM RS,1100CR
  • RECEIVED INCREASED BUDGETARY SUPPORT BY RS.5000 CR IN FY'10
  • TO INTRODUCE 12 NEW NON STOP INTER-CITY TRAINS, DOUBLE DECKER AC COACHES
  • FREIGHT TRAFFIC TARGET AT 882 MT FOR FY'10 VS 833 MT IN FY'09
  • EXPECT RS.58500 CR REVS FROM FREIGHT, RS.23400 FROM PASSENGERS IN FY'10
  • FY'10 GROSS TRAFFIC RECEIPTS SEEN AT RS.8842 CR
  • RAILWAY FINANCE CORP TO BORROW RS.9000 CR IN FY'10
Updated: 17/04/2008 | 08:43 AM IST
Novell plans $100 mn India expansion
Indo Asian News Service
Thursday, April 17, 2008 (Bangalore)
Comments:
Read (0)
US software major Novell will invest an additional $100 million over the next three years to scale up its India operations, including research and product development capabilities, a top company official said on Wednesday.

"As our largest facility outside the US, the India development centre is key for our global engineering initiatives, including our award-winning products and technologies. The India centre has contributed a great deal in developing a suite of IT integrated management software products and delivering inter-operable Linux and other platform services.

"We are committed to invest $100 million in the next three years to ramp up our India operations," Novell CEO Ron Hovsepian said at the subsidiary's new facility on the outskirts of India's tech hub.

The 700-seat new facility will enable Novell India to take up product development, engineering and testing in new verticals and provide solutions to its customers worldwide.

"We have end-to-end product development and product management responsibilities for several products and ownership of components of other global products. The right-blend of technology-oriented work, good infrastructure, and a great work culture enables us to attract talented engineers and serve our global customers," said Narsh Shah, Novell India managing director.

The India subsidiary of the $932-million firm employs about 600 software and product development engineers in the Bangalore facility.

The company's CEO and its top officials declined to reveal the cumulative investment made over the last 14 years since it began operations in the subcontinent or its hiring plans over the next three years to leverage its expansion plans.

The Waltham (Massachusetts) headquartered Novell helps customers to reduce cost, complexity and risk with a suite of products and solutions that can run on Linux operating system and other open-ended platforms.

Comments:
Read (0)
Comments
 
Market Watch
         
Graphs
Stocks

                                Moremore
Stock Dashboard
Trading Calls
Simi Bhaumik
Simi Bhaumik
2.82% status
Current: Rs 1607.7
Ashuu Kakkarr
Ashuu Kakkarr
4.38% status
Current: Rs 373.85
Stock Recos
The stock has crucial support at Rs 80
The stock has support at Rs 130 and it has resistance at Rs 180
Buy or Sell
Today's Analyst: Ashu Bagri
Query : Rajender Raikwar, an engineer from Shillong, has 10 BEML at Rs 325/share.