Dalal Street

HCL Technologies informed us that the company has launched service-oriented architecture (SOA) competency center for retailers at this week’s National Retail Federation Convention. The competency center is designed to guide retailers in the areas of SOA tool selection, development methodology and project execution, leveraging an industry-specific set of services and the deep expertise of HCL team members in areas relevant to SOA and BPM.

HCL Technologies’ Middleware and SOA practice is comprised of more than 750 professionals with experience in all leading integration technologies and products including SOA, BPM and BAM. The practice focuses on addressing problems for enterprise customers that impact key horizontal business processes such as supply chain visibility, consistent customer experience, partner integration, and identity and provisioning management. HCL has also executed projects using the SOA competency center for customers in financial services, life sciences and other key vertical markets.

State-run Power Grid Corporation of India entered into a shareholder’s agreement with Infrastructure Leasing & Financial Services. The new joint venture company named ‘Powergrid IL&FS Transmission’ has since been incorporated. Both, the company and IL&FS will have 50% stake in the company. The main objective of company is to undertake activities of project development of intra transmission and sub-transmission works for State power utilities, under public-private-partnership route within India and abroad including interconnection with neighboring countries subject to bilateral agreement between the countries.

The joint venture company board in its 1st meeting have approved that the company will broaden its scope of development of transmission projects in India and abroad including interconnection with neighboring countries.

IQMS Software has bagged a contract for the outsourcing of 35 seater equity research on 24*7 basis. The contract value is directly linked to the output of the research work churned by the company.

To meet the requirement, the company has already started the recruitment process for equity research analysts to be stationed at its state of the art center located at Hyderabad. The equity research outsourcing (ERO) set up by the company is going to cater to the requirements of FII’s / FI’s / institutions and mutual funds.

The ERO is getting equipped to do the trend tracking of world markets, Indian markets, sectoral analysis, fundamental and technical analysis in all the active sectors of the markets. The technical know-how for the operations is supported by Mumbai based leading equity research firm Firstcall India equity advisors.