INFO-TECH
TELECOMMUNICATIONS
Long distance operators hiring foreigners need Home Ministry clearance
New rule restricted to Virtual Private Network services
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SOFTWARE
'When you win customers, you are winning a long-term relationship'
Since this whole trend towards offshore is in an early growth phase, there is the opportunity to win many customers and grow them as quickly as you can. — Mr Gordon Coburn, Chief Financial Officer, Cognizant Technology Soluti ons
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MphasiS BFL: Buy
With EDS acquiring a majority stake in MphasiS, the stage is now set for the latter to derive synergistic benefits. However, risks relating to integration remain.
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MERGERS & ACQUISITIONS
Aditya Birla group buys Canadian BPO firm
Pact signed for Rs 575-cr acquisition; process to be completed by Aug
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NEW PROJECTS
Salcomp of Finland to set up plant near Chennai
Salcomp Plc of Finland, a leading manufacturer of mobile phone chargers, will invest about Rs 35 crore (€ 6 million) in a plant at Sriperumbudur, about 45 km west of Chennai. The plant will come up at the suppliers' park within the ...
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