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Hexaware selects Fluensee as partner for RFID-enabled asset tracking solutions
RFID-enabled asset management provider, Fluensee announced that Hexaware Technologies, a leading provider of IT & BPO services globally, has selected Fluensee as a partner to offer a range of RFID-enabled solutions for its global customers.
Meanwhile, the company has set up a Center of Excellence on RFID and Fluensee solutions for this purpose. Fluensee AssetTrack will also be implemented at the Center of Excellence to manage Hexaware`s own IT inventory. Fluensee AssetTrack is a proven, cost effective RFID-enabled software solution that allows companies to significantly improve asset visibility, security and utilization.
AssetTrack can be integrated with existing operational systems to provide more timely, accurate and comprehensive information on the state, condition and location of assets and their utilization within the business. Upon completion, Hexaware plans to roll out AssetTrack in several of its other locations in India.
P K Sridharan, executive director of Hexaware Technologies, said, ``With Fluensee’s solution, Hexaware and our customers will benefit from the power of RFID. Hexaware believes that RFID technology would power many key solutions in transportation and supply chain management solutions.
Chris Brumett, vice president of operations, Fluensee, said ``Our scalable solution will help Hexaware and its customers to maintain more accurate inventories with less manual labor, reduce lost assets and increase productivity.``
SBI raises USD 300 mn under MTN programme
State Bank of India (SBI) has concluded the issue of USD 300 million senior debt, floating rate bonds, for a tenor of 5 years at a coupon of Libor + 50 bps under the MTN Programme. The bonds will be issued as of December 15, 2006.
Wipro allots equity shares
The administrative committee of Wipro has approved to issue and allot 37,700 equity shares of Rs 2 each pursuant to the exercise of the stock options by the eligible employees under the Wipro employees restricted stock unit plan 2004.
The board has resolved to issue and allot 72,600 equity shares of Rs 2 each pursuant to exercise of the stock options by the eligible employees under the Wipro employee stock options plan i.e. WESOP 2000 plan.
The board has also approved to allot 600 equity shares of par value of Rs 2 each to J P Morgan Chase Bank, the company`s depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the company`s ADS restricted stock unit plan 2004.
The above was approved by the administrative committee of the company`s board of directors vide its resolution dated Dec. 08, 2006.
RFID-enabled asset management provider, Fluensee announced that Hexaware Technologies, a leading provider of IT & BPO services globally, has selected Fluensee as a partner to offer a range of RFID-enabled solutions for its global customers.
Meanwhile, the company has set up a Center of Excellence on RFID and Fluensee solutions for this purpose. Fluensee AssetTrack will also be implemented at the Center of Excellence to manage Hexaware`s own IT inventory. Fluensee AssetTrack is a proven, cost effective RFID-enabled software solution that allows companies to significantly improve asset visibility, security and utilization.
AssetTrack can be integrated with existing operational systems to provide more timely, accurate and comprehensive information on the state, condition and location of assets and their utilization within the business. Upon completion, Hexaware plans to roll out AssetTrack in several of its other locations in India.
P K Sridharan, executive director of Hexaware Technologies, said, ``With Fluensee’s solution, Hexaware and our customers will benefit from the power of RFID. Hexaware believes that RFID technology would power many key solutions in transportation and supply chain management solutions.
Chris Brumett, vice president of operations, Fluensee, said ``Our scalable solution will help Hexaware and its customers to maintain more accurate inventories with less manual labor, reduce lost assets and increase productivity.``
SBI raises USD 300 mn under MTN programme
State Bank of India (SBI) has concluded the issue of USD 300 million senior debt, floating rate bonds, for a tenor of 5 years at a coupon of Libor + 50 bps under the MTN Programme. The bonds will be issued as of December 15, 2006.
Wipro allots equity shares
The administrative committee of Wipro has approved to issue and allot 37,700 equity shares of Rs 2 each pursuant to the exercise of the stock options by the eligible employees under the Wipro employees restricted stock unit plan 2004.
The board has resolved to issue and allot 72,600 equity shares of Rs 2 each pursuant to exercise of the stock options by the eligible employees under the Wipro employee stock options plan i.e. WESOP 2000 plan.
The board has also approved to allot 600 equity shares of par value of Rs 2 each to J P Morgan Chase Bank, the company`s depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the company`s ADS restricted stock unit plan 2004.
The above was approved by the administrative committee of the company`s board of directors vide its resolution dated Dec. 08, 2006.
posted by SY at 8:42 PM
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