TROY ? IT services provider Syntel reported Thursday record income for the second quarter, lead by revenue from applications outsourcing. Syntel out sources a lot of its development in India. Net income for the second quarter was a record $9.7 million or $0.24 per diluted share, compared to $9.4 million or $0.23 per diluted share
ATLANTA - Cingular Wireless, the No. 1 cell phone operator in the United States, said Wednesday that it will have wireless broadband networks up and running in 15 to 20 cities by year's end as it tries to catch rival Verizon Wireless. Cingular's commitment to have high-speed Internet available to 40 million Americans by Jan.
SOUTHFIELD ? Computer Associates International said Wednesday that small and medium businesses (SMBs) remain highly vulnerable to a variety of cyber-threats ? resulting in unacceptable exposure to significant business risk. According to surveys of senior managers conducted for CA by Quocirca, Ltd. a leading independent business analyst organization, many SMBs do not have sufficient resources
TROY -The Automation Alley Technology Center, in collaboration with United Solar Ovonic in Auburn Hills, received a $550,000 grant from the Michigan Public Service Commission (MPSC) for the installation of a building-integrated solar power electric system with integrated energy management and battery backup systems. The energy-efficient system will be installed in Automation Alley's 11,000 square-foot
LANSING - Monday's House Tax Policy Committee saw Republicans, who control the House, for the first time indicate which tax exemption eliminations they might support. A complete list follows. Sales and use tax exemption for investment coins Corporate farm SBT credit Property, use and sales tax exemptions for municipal golf courses Use tax exemption for
LANSING - A House committee studied several tax exemptions Monday with an eye on possibly eliminating some of them to help pay for a tax cut to all businesses. House Republicans have said they would propose the elimination of $100 million in tax exemptions - they have not yet said which ones - to offset
OXFORD ? Supply chain management technology provider Osiris Innovations Group said its strategic alliance with Datastream Systems, an electronic catalog services company, could double revenue this year from $6 million to $12 million. The alliance provides Osiris customers the option to access Datastream's eProcurement software product, Datastream 7i Buy, which automates and streamlines the purchasing
WASHINGTON D.C. - The US Small Business Administration has recently announced a new series of live web chats that offer an opportunity for small business owners to interact with leading entrepreneurs and agency officials. The inaugural web chat will be held July 21, beginning at 1 PM EDT. J. Scott Plank, Chief Administrative Officer of
DETROIT - A growing chorus of reports suggest that hybrid vehicles such as the Toyota Prius are falling well short of their promised fuel economy. And even a senior Toyota researcher recently admitted that it is difficult to justify the added cost of hybrid technology by the savings on fuel. Yet when it comes to
DETROIT - Henry Ford Health System has cut a multi-year contract with Reliance Software Systems of Farmington Hills to use the company?s next generation electronic medical record system. Terms were not announced. RelWare suppliers web-based clinical applications for healthcare providers in the acute care setting. The additional architecture and development will be based off of