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Thursday, June 19, 2008
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RESEARCH & DEVELOPMENT
Citrix Systems’ R&D facility in Bangalore
Citrix Systems Inc, a provider of application delivery infrastructure, launched its second research and development facility in Bangalore and said it would invest about $200 million in the new facility over the next five years.The ... More

TELECOMMUNICATIONS
RCom may proceed legally against RIL officials
Reliance Communications (RCom) may initiate criminal proceedings against Reliance Industries (RIL) officials involved in the signing of January 12, 2006 agreement, if RIL continues to assert its ‘right of first refusal’ (to buy a ... More

SOFTWARE
MindTree to invest Rs 180 cr in Chennai centre
Chennai, June 18 MindTree, a Bangalore-based information technology company, will invest $45 million (Rs 180 crore) in its new software development centre at Mahindra World City SEZ in Maraimalai Nagar, 45 km from ... More

IT TRAINING
Steria academy in Chennai
Europe-based IT services provider Steria launched its academy in Chennai today in partnership with online graduate school U21Global. According to Mr Francois Enaud, CEO, Steria, the idea of the ‘leadership school’ is to create a ... More

MERGERS & ACQUISITIONS
Shyam-Spanco venture buys out Spectranet
New Delhi, June 18 Telecom firm Shyam Group and IT services company Spanco Telesystems and Solutions Ltd (Spanco) have entered into an agreement with Punj Lloyd Ltd to acquire its Internet services company Spectranet. Shyam and Spanco ... More

Moschip buys US co
Hyderabad, June 18 Moschip Semiconductor Technology on Wednesday announced the acquisition of US-based Indigita, the audio and video division of Intellasys.Not disclosing the deal value, Mr K. Ramachandra Reddy, Chief Executive Officer ... More

Sintex acquires Digvijay Comm
Ahmedabad, June 18 Sintex Industries Ltd, a major player in the plastic and textile segments, on Wednesday announced the acquisition of Digvijay Communications and Networks Pvt Ltd (DCNPL) through its 74-per cent subsidiary Zeppelin Mobile ... More

OVERSEAS INVESTMENTS
Sujana Towers buys African company
Mumbai, June 18 Sujana Towers Ltd, part of the Sujana Group, has acquired of 51 per cent shareholding in an African telecom infrastructure company, Telesuprecon.Mr S. Hanumantha Rao, Director, Sujana Group, said while the share capital ... More

ALLIANCES & JOINT VENTURES
Tata Comm in pact to buy 50% in Beijing firm
Mumbai, June 18 Tata Communications (formerly VSNL) has signed an equity joint venture agreement with the shareholders of China Enterprise Communications (CEC) Ltd for acquiring 50-per cent stake in the Beijing-based company.This ... More






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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
Ranbaxy-Daiichi deal

People's car

Other Top Stories
New fetters on auditors

L&T-Mitsubishi venture gets its first customer

SEBI advises MFs to focus on hassle-free redemptions

Why have oil prices gone crazy?

Tata Comm in pact to buy 50% in Beijing firm

‘Banks now have greater ability to absorb credit losses’

Looking back
Jun. 8-Jun. 14
‘US slowdown sees more LPO work sent to India’

‘IT investment regions not eligible for new tax benefits’

IT sector reads rupee story ‘cautiously’

‘We can snoop into Blackberry data’

TRAI hopes to break impasse between broadcasters and IPTV providers


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