India outsourced $11 b services: ILO
CONTRARY to the prevalent myth that India is emerging as one of the leading beneficiaries outsourcing, experts pointed out today that the country has, in fact, turned out to be the fifth largest economy in the world which had outsourced IT and ...
SC tells Reliance Info to pay up entire demand made by BSNL Refers case to Delhi HC
THE Supreme Court on Friday referred the dispute between Reliance Infocomm and Bharat Sanchar Nigam Ltd to the Delhi High Court even as it directed the former to pay the full amount of Rs 182.7 crore as demanded by BSNL for illegally routing ...
VSNL gets $26 m from sale of New Skies shares
VIDESH Sanchar Nigam Ltd on Friday announced that it has received approximately $26 million (around Rs 114 crore) from the sale proceeds of New Skies Satellite, in which it was a shareholder. This amount, which was received on Thursday, is the ...
Andhra Bank offers mobile pre-paid recharge in ATMs
ANDHRA Bank has announced that it has become the first bank in the country to introduce mobile pre-paid services on ATM for almost all mobile phone service providers in the country. Announcing the introduction of mobile top-up (mobile ...
Sharp Business plans network expansion
SHARP Business Systems (India) Ltd (SBSIL), the Rs 60-crore joint venture between the Japanese office automation major Sharp Corporation and Larsen and Toubro (L&T), has chalked out an aggressive marketing expansion plan aimed at consolidating ..
Password automation solution from ADC
THE US-based Digital Persona, provider of fingerprint authentication solutions, and its Indian partner, ADC Systems, Chennai, have launched Pro 3.0, a total password automation solution. Pro 3.0 enables users to sign in to virtually any ...
SAP tops Asian CRM market
Cisco solutions for SMB units
MERGERS & ACQUISITIONS
Essar buys 9.9 pc stake in BPL Mobile
IN a surprise move, the Essar India group has bought 9.9 per cent stake in BPL Mobile Communications Ltd for an undisclosed amount from France Telecom (Orange SA). France Telecom, which had a 26 per cent equity stake in BPL Mobile ...
Answerthink acquires EzCommerce
ANSWERTHINK Inc, a $150-million Nasdaq-listed IT services provider, has announced the completion of acquisition of EzCommerce Global Solutions Inc, with development centre here. It is also expanding the latter's India centre here for the global ...
Scandent wraps up Cambridge buy-out
THE Scandent Group, an Indian-owned Singapore company with operations in Bangalore, has completed the acquisition of Cambridge Integrated Services Group Inc, a $230-million back-office arm of Chicago insurer Aon Corp. The terms of the acquisition ...
ENTERPRISE RESOURCE PLANNING
Wipro gets ERP order from BEL
i-flex opens Moscow office
"The announcement is in line with i-flex's global expansion strategy, said a news release from the company. "The Moscow office is an important milestone in i-flex's plan to grow its customer engagements in the Commonwealth of Independent ...
Sify mulls sponsored ADR
SIFY Ltd, the Chennai-based Internet and eCommerce firm listed on Nasdaq, plans a sponsored ADR (American Depository Receipt). An agreement to this effect was signed on November 10 among its major investors, Satyam Computer Services (SCS), SAIF ...
VSNL offers IP-VPN services
New biz chief for Iomega India
DATA storage company Iomega Corporation has announced the appointment of Mr D.R. Baskaran as its Business Development Manager for India and West Asia within the company's Asia Pacific operations. Based in Chennai, Mr Baskaran will report to ...
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