Oracle ups open offer price, size for i-flex Solutions
Willing to spend Rs 5,916 cr for additional stake
Oracle's open offer for i-flex: Regulatory angle
The open offer announcement by Oracle Global (Mauritius) enhancing the offer size (apart from the offer price) from 20 per cent to 34.14 per cent falls within the regulations spelt out in the SEBI Takeover Code. If the open offer is successful, ...
Subsidy for rural mobiles: Bill passed
The Lok Sabha today passed a Bill enabling cellular mobile service providers to get financial support from the Universal Services Obligation Fund for offering mobile services in rural and remote areas. At present, the USO fund is mandated to ...
GSM base crosses 100-m mark
Record 5-m new subscribers added in November
Tata Tele M Power events
Tata Teleservices held the fifth in the series of M Power events in the city on Thursday. The M Power forum for customers, operators and application providers is expected to bring about sharing of knowledge and best practices ...
STMicro to double headcount
European semiconductor company STMicroelectronics on Friday announced that it would increase its headcount in the country to 3,000 from 1,700 currently. It would also be investing $20-30 million in India for expansion. In India, ...
Megasoft arm unveils roaming tool
Megasoft Ltd has announced the launch of RoamFree from its telecom division XIUS to provide wireless carriers with roaming solutions that reduce the cost of setting up a roaming facility. Useful for new operators, the XIUS ...
Forrester ranks HCL Tech as leader
Forrester Research Inc has ranked HCL Technologies' Infrastructure Services Division as a `Leader' in `Global Delivery of Infrastructure Management' in Europe. HCL also received the highest score on criteria such as ...
Teledata to hive off marine, tech units
Teledata Informatics Ltd plans to split itself into three entities for better management of its businesses. The company provides IT solutions in five verticals - marine, education, utilities, technology and communication and ...
Enzen centre in Hyderabad
Enzen Global Solutions, a business consulting company, has announced that it has set up its fourth knowledge centre in Hyderabad. This centre will focus on strengthening its consulting expertise in the power sector, while ...
REGULATORY BODIES & RULINGS
`Implementation of CAS on schedule'
The Telecom Regulatory Authority of India on Friday said that conditional access system (CAS) for Delhi, Mumbai and Kolkata would be implemented as per the earlier announced date of December 31. TRAI said that there would be no delay in ...
E-COMMERCE & E-BUSINESS
Indian unveils e-ticketing facility
Indian, the national carrier, today took a leap to modernise its ticket sales through online. The simple procedure will enable customers book their tickets through its Web site, either through the travel agent or at the airline's booking offices. ...
Nevis Networks' secure switch for Patni
California-headquartered Nevis Networks, provider of LAN (local area network) security solutions, has implemented the LAN enforcer 1048 secure access switch at Patni Computer Systems Ltd. Announcing this here, Mr Shane Buckley, Chief Operating ...
Trend Micro in pact with CERT-In
The Indian arm of anti-virus software major, Trend Micro, has inked an agreement with the Indian Computer Emergency Response Team (CERT-In) for security cooperation in India. The partners perceive this as an extension of their ...
Game enough for online attacks?
GATEWAY FOR VIRUSES
`Top three vendors at strategy crossroads'
Forrester sees clear shift away from low-cost sales pitch
Cognizant to invest Rs 140 cr for infrastructure expansion
Close to finalising plans with AP Govt for special economic zone
Pavan Vaish, CEO of IBM-Daksh
IBM has appointed Mr Pavan Vaish as CEO of IBM Daksh. As co-founder of Daksh e-Services. Mr Vaish has been associated with the company since it started. In his new role, he will lead IBM Daksh towards becoming a global BPO ...
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