The Hindu Business Line : Saturday, May 03, 2008

Madonna album on Vodafone
Vodafone Essar is associating itself with pop diva Madonna for her latest album launch ‘Hard Candy’. Vodafone is offering a chance to its subscribers to download album tracks – before they’re available anywhere else. ... More

FINANCIAL PERFORMANCE
Genpact Q1 net income jumps on improved volume, pricing
NYSE-listed Genpact Ltd, which manages business processes for companies, has posted a jump in net income for the first quarter ended March 2008 at $19.7 million against $1.8 million a year-ago, primarily on the back of improved volume and ... More

SOFTWARE
Microsoft looks to increase installed base of licensed software
Kolkata, May 2 Microsoft Corporation is contemplating the rollout of a “subscription-based software model” with a view to facilitating an increase in the installed base of licensed software, according to Mr Deepak Maheshwari, ... More

MERGERS & ACQUISITIONS
MindTree buying 32.57% stake in Aztecsoft for $90 m
Bangalore, May 2 MindTree Ltd, an IT and R&D services company, said it agreed to buy a majority stake of 32.57 per cent in Aztecsoft Ltd from its largest shareholder e4e Holdings Ltd for Rs 80 per share, which values Aztecsoft at $90 ... More

Allegis buys TVA Infotech
Allegis Group Inc, a $6-billion privately-held US based company with interests in staffing, permanent hiring and technical services outsourcing, has acquired TVA Infotech Pvt. Ltd, a Bangalore-based IT recruitment firm for an undisclosed sum. The ... More

ALLIANCES & JOINT VENTURES
Airtel forms joint venture with IFFCO for rural rollout
Targets 55 million farmers with localised mobile content More

VENTURE CAPITAL
Firstsource gets £6.7 m to expand in Northern Ireland
Mumbai, May 2 The country’s third largest BPO firm Firstsource Solutions has received about £6.7 million (about Rs 54 crore) of support to scale up presence in Northern Ireland, from an arm of the Government there. The ICICI ... More