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NEW BUSINESS
Tata Tele bags GMR airport deal
More

TELECOMMUNICATIONS
‘Don’t keep changing spectrum allocation norms’
Idea cautions DoT against altering initial procedure More

‘Growth of 8 m phones per month is sustainable’
More efforts must be put in to compete with China: Bharti Airtel CEO More

SOFTWARE
Geneva Software messaging solution for APCPDCL
Hyderabad, Dec. 27 Geneva Software Technologies Ltd., has tied up with Andhra Pradesh Central Power Distribution Company Ltd (APCPDCL) to enable the latter to send SMS alerts in multiple languages.While this service would be available ... More

SoftSol joins mainframe alliance
SoftSol Resources Inc, a subsidiary of SoftSol India Ltd, has announced its membership in the Mainframe Migration Alliance. As a member, SoftSol joins Microsoft and other key industry partners in helping customers modernise their business and ... More

MERGERS & ACQUISITIONS
Bharti Infratel sells $1 b stake to global investors
Enterprise valuation pegged at $10-12.5 billion More

R Systems to acquire Sento Europe
New Delhi, Dec. 28 The board of directors of R Systems International has approved the acquisition of Sento Europe B.V., a Netherlands corporation and Sento S.A.S., a French corporation (collectively known as Sento Europe), from US-based Sento ... More

ALLIANCES & JOINT VENTURES
Moneycontrol ties up with Parsoli
Moneycontrol.com has tied-up with Parsoli Corporation to help the Muslim community in their ‘Islamic Investment Fund’. Moneycontrol.com will provide assistance to Muslims for their investments according to the guidelines ... More

OFF-SHORE DEVELOPMENT
Service providers expanding base in China
Preferred offshoring location, offers huge domestic market More

SECURITY
Caution on malicious sites
While protecting its customers, Websense Security Labs has cautioned users about malicious sites that attempt to infect those seeking more information about Ms Benazir Bhutto. The lab has in a release stated that it came across malicious Web ... More

OUTLOOK
EXL targets buy-outs next year; E. Europe on co’s radar
New Delhi, Dec. 28 Armed with $90-million cash on its balance sheet, Nasdaq-listed BPO company ExlService Holdings Inc is planning to go full-steam ahead on acquisitions in 2008. The company — which is scouting for buy-outs in ... More

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