Thursday, October 7, 2010

Indian American convicted for infecting Fannie Mae computers-H Bolem

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SiliconIndia Daily dose

Thursday, October 07, 2010
Top news
An Indian American computer programmer in Maryland has been convicted by a federal jury for transmitting a malicious script to Fannie Mae's computer servers to destroy the U.S. mortgage giant's data.
Be it the H1B visa price hike or the anti-offshoring policy that breezed past the U.S. senate, India seems to be the offshoring abode for U.S. companies to outsource despite all odds.
Business
Enhancing its sourcing and procurement services, Accenture, the Ireland-based technology outsourcing and consulting firm is all set to acquire the consulting services and BPO assets of Ariba for an amount of $51 million.
Global partnership will leverage the cost of production in the business outsourcing space and add to the growth of the information technology industry in India
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Technology
Cisco introduced its consumer-level videoconferencing system christened as Umi telepresence which is designed for the living room.
According to a survey by security company Symantec, almost half of those who work in critical infrastructure firms worldwide think that their company would be a victim of computer attack over the next year.
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Finance
Investors who put their money in the initial public offer of Kota-based tutorial services provider Career Point can rejoice as the scrip closed at double the issue price, which analysts said unveiled the potential in the education space.
IndiGo is in plans to call for an initial public offering (IPO) of $500 million (2,215). According to sector analysts, this IPO will be recorded as the highest for any airline in India and this may also lead to re-rating of airline stocks.
Training & Courses
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World Class courseware and instructors certified by ITA (Internal Training Academy) provide students opportunities to learn the software comprehensively. Certification as Master Diploma, Professional, Diploma and Foundation will depend on the course combinations the students have enrolled for.
Real estate city - Delhi/NCR
Price starting at Rs. 16.17 lakhs, Sample Flat ready to see.
well planned, spread over 50 acres of green area with all ultra modern life-style and luxurious living standard.
Super built up area 2 BHK 850 sq ft, 3 BHK 1500 sq ft & 4 BHK 1995 sq ft Basic sale price Rs. 1730 to Rs. 1990 per sq ft.
Apartments at very affordable price, spread on 17 acres land with 3 side open plot.
Magazine
Founded in 2000, the test engineering firm STAG Software has pioneered Hypothesis Based Testing to make its strife for guaranteed clean software real.
As companies focus on deriving added business value from their IT services suppliers, more and more enterprises are trying to separate testing from development. A good number of enterprises try and entrust their application development work to development specialists and....
Featured institutions
ISME is one of the top business schools in India located at Bangalore and Navi Mumbai. ISME offers full time Post Graduate Program in Management - PGPM
IBS Icfai Business School Hyderabad offers high-quality programs in different areas of management to a wide cross-section of students, executives and professionals across India.
Humor of the day
A man goes into his regular barber shop, sits down at the chair and the barber ask him how he would like his hair cut this time
At dawn the telephone rings. "Hello, Master Carlos? This is Arnaldo your country house caretaker" "Ah yes, Mr. Arnaldo. What can I do for you? Is there a problem?"
Find the Best Deals on Computers/Laptops, Office Automations etc. Click Here to know more
Startup city
Managed IT Hosting Services provider, Netmagic Solutions has raised raised Rs.70 crore in Series C financing round from Nokia Growth Partners and Cisco Systems...
Start-up Ideas We Would Like to Fund
Ashwin Raghuraman, Vice President, India Innovation Fund
A spontaneous answer to this question would read "those that would generate returns that would keep us smiling". Deeper thought suggests that would not be a root cause, but merely a symptom.
CXO Insights
BIG DATA: Making Sense in Real Time
V R Ferose, Managing Director, SAP Labs India
What if we found a "needle" in a hay stack that is ten times the size of planet Jupiter, in less than a second? Think about it. Time is money. Information from various sources is increasing at a mind-boggling rate begging to.....
Transformation techniques
Ravi Jagannathan, Managing Director & CEO, 3i Infotech Consumer Services
Post my various positions over 2 decades, across the globe and across diverse business lines, in early 2008, I was given the responsibility of creating and growing a B2C business for our group. What a time to start a new business!
BDA/ BBMP approved 4 BHK Luxury Villas with world class amenities
Location near Manyata Tec Park, North Bangalore villas built up area 3131 sq. ft. to 3325 sq. ft.
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2 BHK size ranging from 920 sq ft to 1240 sq ft at Rs. 23 lakhs onwards.
Featured questions
Hey What do u think is it a fair decision whats your take on it? Yes this result makes harmony n peace for India?
Marketing activities support sales efforts. Actually, they are usually the most significant force in stimulating sales.
Blogs: Editor's choice
Diabetes is called the increased blood sugar and the complications presented by this situation...
Before start I thought, is there nothing to select other than this topic? No it is not like that
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