John Ribeiro

Symantec Corp.'s product development center in Pune, India, has been assigned to identify new products for the company's markets worldwide, according to an executive of the company.

Activists from the environmentalist group Greenpeace International on Monday dumped some 500 kilograms of used PCs outside the Bangalore headquarters of Wipro Ltd., one of India's biggest outsourcing companies.

Kanbay International Inc., an IT services firm focused on the financial services industry, plans to have development facilities in India that can accommodate up to 6,500 staff by the end of the first quarter next year, according to an executive of the company.

Intuit Inc. is setting up a product development centre in Bangalore, India, to take advantage of local programming talent and develop new product initiatives, the company announced Friday. The financial software vendor, based in Mountain View, California, did not disclose the size of its investment in the centre or the number of staff it plans to hire there.

Sun Microsystems Inc. is to make large investments in India as business for the company grows quickly in the country, according to the head of its Indian operation. Sun's revenue in India grew 28 percent during its fiscal year to June, with services revenue growing by 70 percent and server shipments up by 70 percent on a unit basis, Bhaskar Pramanik, managing director of Sun Microsystems India, told reporters.

Infosys Technologies Ltd., India's second-largest software and services outsourcer, announced Wednesday that it has signed a letter of intent with the Shanghai Zhangjiang Hi-Tech Park to set up a new software development campus in Shanghai.

However, revenue growth in the company's business process outsourcing (BPO) business was low, as the company is shifting the focus of this business from call centre services to higher-margin, non-voice transaction processing services, the company said.

Diebold Inc. is acquiring an automated teller machine (ATM) manufacturing plant from its contract manufacturer, Tata Infotech Ltd. in Mumbai, India, the company announced Friday.