Here are some Project Topics:

Microsoft Technologies - SQL Server BI and Reporting

Microsoft Technologies - Data services in the cloud

Microsoft Technologies - Ultra-Rich web applications with WPF and Silverlight

Microsoft Technologies - Win Mobile, iPhone, Blackberry applications

Microsoft Technologies - Mapping and Rendering Applications with Google Maps and Virtual Earth

Microsoft Technologies - Workflows and Collaboration with Outlook and Sharepoint

Microsoft Technologies - Web Services, SaaS, Cloud Computing

Microsoft Technologies – Virtualization

Non Microsoft Technologies - Mail and Messaging Domain

Non Microsoft Technologies - Web 2.0 and Social Networking

Non Microsoft Technologies - BI and Reporting

IBM – Security

IBM – Authentication

IBM - Tivoli Manager

IBM - DB2

IBM - Ruby on Rails

Telecom Domain - Networking - Gateways, Protocol implementation, Telecom CDR monitor

Telecom Domain - Voice over IP based application development

Telecom Domain - Mobile applications

Telecom Domain - Generic - Firefox add-ons, Wikis, LDAP, Web Apps

Life Sciences Domain

Business Intelligence

Visualization