Lalani Infotech Opens E-Tech City In Kolkata
Lalani Group, the Rs 200 crore IT & office automation service provider has launched its large format tech retail store ‘Lalani e-Tech City’ in Kolkata
The 13,000 sq ft three level store at Ganesh Chandra Avenue, inaugurated by Partha Chatterjee, IT Minister, West Bengal, is targeted at age group from 17-35 years..
While the basement comprises stationary products, photo copiers and plotters, the ground floor has products for SMEs, semi-corporates and gamers. It also stations a Live Demo—experience zone for speakers, projectors and conference room equipments. The first floor contains IT products like notebooks, desktops, tablets, accessories and other consumer products.
The store will stock products from brands like HP, Dell, Lenovo, Acer, Apple, Microsoft, Sony, Blackberry, Nokia, Canon and Nikon among others.
“Lalani e-Tech City will enhance customer experience with the world’s best brands in the technology world. The store will provide a “try before you buy” service experience. All products will be on Live Demo where consumers can avail a myriad range of communications and entertainment services. We expect to make Rs 75-100 crore annually only from the store which will add 45 percent to our revenue,” said K L Lalani, Director, Lalani Group.
The company plans to open 8 more stores by 2014 in West Bengal, Assam, Jharkhand, Orissa and Chattisgarh where it has its distribution network. By 2015, it wants to take this number to 25 and open stores in states where it has no presence so far.
Lalani has started placing ads in local TV, print media and radio to promote the store. He will also introduce schemes throughout the year to attract the youth.
HP has launched Data Protector 7, a software solution to manage data with advanced backup and recovery capabilities. Powered by the Autonomy Intelligent Data Operating Layer (IDOL), Data Protector 7 delivers a unified data protection platform for all storage assets via federated de-duplication.
The company also announced the release of HP StoreOnce data de-duplication solution. With HP StoreOnce, data is de-duplicated once using a single technology and then moved anywhere without ever having to be rehydrated—or added back in.
HP Data Protector 7 automatically understands the context of unstructured, human information—such as social media, video, images, audio and email—to identify and prioritize how information is protected.
“Increased regulated industry compliance, distributed remote workforces and reduced IT budgets are hindering backup and recovery success for many organizations,” said David Jones, CEO, Data Protection, Autonomy, an HP company. “HP Data Protector is the industry’s first unified data protection solution that utilizes an intelligent data-management approach to seamlessly protect data based on its meaning across on-premise, hybrid and cloud environments, while optimizing business application performance.”
The $306 million settlement is considerably less than the initial $1.3 billion ruling against SAP, which the US District Court in Oakland, California handed down in late 2010. Oracle in February rejected a $277 million settlement offer from SAP.
The case dates to 2005 when SAP acquired TomorrowNow, a provider of support services for Oracle applications. Oracle sued TomorrowNow for downloading copyrighted software and documents from Oracle support websites. SAP admitted liability in the case, but it argued that the billions in damages Oracle was seeking were excessive.
In addition to the $306 million settlement, SAP will have to pay Oracle's legal costs in the lawsuit, according to the terms of the settlement.
“SAP, which admitted infringement before the 2010 trial and pled guilty to a number of criminal charges brought by the US Department of Justice after trial, must pay us a minimum of $426 million, including attorneys’ fees,” said Dorian Daley, General Counsel, Oracle, in a statement.
On Wednesday, Oracle lost a court ruling to HP in the two companies' legal dispute over Oracle's decision to stop developing software for HP's Itanium processor-based servers.
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