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TELECOMMUNICATIONS
Cellebrum working on mobile data back-up tool
Beta testing the application with Spice Telecom More

Voice chat from Airtel fixed lines
Airtel Broadband and Telephone Services has introduced a voice chat facility over its fixed lines to enable its subscribers chat anonymously via telephone, along the lines of Internet-based chatting. According to a release, the ... More

STOCKS
Rising rupee brings down BSE IT Index
The IT benchmark tumbled 242.13 points since April 16 More

Bharti stake sale by Nov 08, says Vodafone
World's largest mobile phone company by revenues Vodafone Group Plc on Tuesday said it expects to complete selling part of its stake in Bharti Airtel Ltd by November 2008. Vodafone will sell 5.6 per cent stake in the country's largest mobile ... More

HARDWARE
HP unveils new technology for designers
Helps to produce `accurate & consistent' colours More

SOFTWARE
Software exports from AP up 48%
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MERGERS & ACQUISITIONS
3i Infotech buys stake in BPO, factoring services firms
The Mumbai-based 3i Infotech said on Tuesday that it has acquired a 50.5 per cent stake in `aok in-house BPO Services' and `aok in-house Factoring Services'. However, financial details of the same were not made known. The partial acquisition is ... More

Datamatics Tech to merge
The Mumbai-based business process outsourcing firm Datamatics Technologies said on Monday that it has decided to merge with Datamatics Ltd, an associate company engaged in IT Services. The merged company will cater to clients who prefer third ... More

VENTURE CAPITAL
Mformation Tech raises $20 m
Mformation Technologies Inc, the leading mobile device management company, has raised $20 million through private investments. Led by expansion and late stage investor QuestMark Partners who participated in the financing along ... More

FINO secures Rs 80-cr funding
Financial Information Network and Operations Ltd (FINO), a Mumbai-based biometric enabled smart card solutions provider, has received an equity financing of Rs 80 crore from private sector banks, public sector banks and international investors. ... More

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