The Hindu Business Line : Sunday, May 25, 2008

NEW BUSINESS
Telecom deal
Firstsource Solutions has won an outsourcing deal win with telecom major Bharti Airtel for an undisclosed amount. The three-year deal will add a revenue opportunity to Firstsource, which will provide backend services to Bharti. ... More

TELECOMMUNICATIONS
Telecom industry calls for new convergence policy
New Delhi, May 24 The telecom industry on Saturday urged the Government to bring out a comprehensive convergence policy to deal with changing technology. At the Global Telecom Summit organised by Assocham, Mr T.V. Ramachandran, ... More

Providence calls
The US-based Providence Equity Partners has invested $640 million (Rs 2,750 crore) for 20 per cent stake in Idea Cellular’s arm Aditya Birla Telecom, which owns a licence for Bihar circle and holds 16 per cent stake in Indus Towers. ... More

MERGERS & ACQUISITIONS
Bharti drops talks with MTN
Differences over holding structure More

Indian telcos taste mixed success in global forays
Home-grown operators struggle to match scale of global giants More

Deal off
Bharti Airtel announced on Saturday that its has pulled out of the talks for the possible acquisition of South African telecom giant MTN. The parties had first disclosed being engaged in talks for a possible deal earlier this month. ... More

E-COMMERCE & E-BUSINESS
Travel agents demur on e-ticketing compliance
‘Travel to multiple destinations will become cumbersome’ More

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Address by MOS for Commerce Jairam Ramesh to NASSCOM (pdf)

Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
Travel agents demur on e-ticketing compliance

Student visas to Australia to go up 45% this year

Growing Indian buzz

Indirect tax collection target set at Rs 3.2 lakh cr in 2008-09

Mittal sparks rush for coal resources

Low-cost Vayu Vajras a big hit

SAIL agrees to pay 40% more for BCCL coal

Looking back
May. 18-May. 24
Paanchvi Paas on mobile, DTH and gaming medium soon

Bharti Airtel rejigs customer services

Microsoft looks to tackle software piracy