IBM has announced the implementation of IBM WebSphere ILOG software for AFL Pvt. Limited (AFL) to assist their newly created supply chain team to identify cost saving and service improvement opportunities. The solution involves IBM ILOG LogicNet Plus XE for network design and IBM ILOG Inventory Analyst for inventory analysis and optimization with training and professional services.

Being a global company with constantly emerging technology, what is the percentage loss of investment due to the delay in 3G?The fact remains that the delay in 3G will impact business in terms of speed, since we are a global company. India lags behind in new technology implementations compared to our concerns abroad, and so this in turn affects the progress in India.

Transport Corporation of India Ltd (TCI) has announced that the Company has since acquired 10,20,000 equity shares of Rs. 10/- each at par value representing 51% equity stake in a JV Company, viz., Infinite Logistics Solutions Pvt. Ltd. (ILSPL). The remaining 49% equity stake has been held by M/s. Container Corporation of India Ltd. (CONCOR), a Govt. of India Undertaking under Ministry of Railways. With this, ILSPL has become a subsidiary of the Company.

What could be better for a company than beating its own estimates? Cognizant Technology Solutions has managed to do just that. The company reported 16 per cent increase in its revenue, which is higher than the last year. The total revenue this year was $3.279 billion for fiscal ending December, 2009 as against $2.816 billion last year. Its net income rose to $535 million, a 24 per cent rise.

Although the Indian logistics industry is growing at about 10 per cent, its investment on information technology is not keeping pace. “The industry as a whole is at a relatively early stage of technology adoption. This is evident from the fact that capital expenditure is completely uncorrelated with (technology) adoption.

Four soft Netherlands BV, a subsidiary of Four Soft, India, has signed a new contract with Smart Logistics BV, Netherlands, to automate its freight forwarding operations by implementing 4S eTrans SME at its multiple locations.

Leading express integrator, TNT, today said it has launched a dedicated service set to provide improved solutions for the service logistics sector in South East Asia.

Demand Management, Inc., a global resource for managing the supply chain for small and midsized enterprises, today announced expansion of its international presence to include India and new regions in Asia and North America.