INFO-TECH
RESEARCH & DEVELOPMENT
Xilinx to make India centre a global R&D hub
Inducts new Managing Director
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TELECOMMUNICATIONS
DoT seeks operators’ views on spectrum allocation, pricing
New Delhi, Sept. 18 With the GSM-based operators issuing a legal notice to the Government expressing their concern over spectrum allocation, the Department of Telecom has thrown the ball back into the operator’s court by asking them to ...
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Idea Cellular’s new tariff rates
Idea Cellular Ltd has new tariff rates as low as 30 paise with new Rs 30, Rs 55, and Rs 80 Day & Night Flexi Recharge Vouchers. The customers can make calls at as low as 30 paise. The validity time will be 30 days for these new recharge ...
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INFRASTRUCTURE
SEZ proposals in Gujarat cleared
In-principle approval for a textile SEZ by Jindal Worldwide Ltd in Gujarat and formal approvals for an information technology/IT enabled services SEZ by Tata Consultancy Services Ltd in Gujarat were among the 10 formal approvals and two ...
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POLICY
Zero customs duty on digicams, flat monitors
New Delhi, Sept. 18 In a major relief to the industry, the Finance Ministry has clarified that flat panel monitors and digital cameras will be treated as IT products with nil customs duty, although this will not mean any change in product ...
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EDUCATION
IT education stocks in limelight
'Cos earn most of their revenues from within the country'
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SOFTWARE
US cos’ move may impact Indian firms
Reduced capex spending, profit warning by some telecom majors
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Virinchi Tech bags US order
Virinchi Technologies Ltd has signed a three-year application service agreement with a retail micro lending company based in the US, which the company has been servicing for the past 18 months. The company estimates revenue of $1.2 million per ...
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i-flex tool for Tanzanian bank
IT solutions provider i-flex Solutions Ltd has announced that Bank M (Tanzania) has selected its flagship product Flexcube for its core banking solutions. Flexcube is a banking product for retail, consumer, corporate, investment and Internet ...
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Tally's Pragati scheme
MERGERS & ACQUISITIONS
Wipro completes cash tender offer for Infocrossing
Bangalore Sept. 18 Wipro on Tuesday announced the completion of the tender offer by its indirect wholly owned subsidiary, Roxy Acquisition Corp, for all outstanding shares of Infocrossing Inc at $18.70 per share in cash.The company ...
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Educomp acquires 70.5% stake in Savvicca
New Delhi, Sept. 18 Educomp, a technology driven education company also dealing in Education Process Outsourcing (EPO), on Tuesday announced that it has acquired 70.5 per cent strategic stake in Toronto based Savvicca Inc. Savvicca is ...
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OVERSEAS INVESTMENTS
Huawei to set up Bharti’s network in Lanka
New Delhi, Sept. 18 Bharti Airtel on Tuesday announced that it has signed a managed networks deal for its Sri Lanka operations with Huawei Technologies. The three-year deal is valued at approximately $150 million and includes supply of third ...
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REGULATORY BODIES & RULINGS
Allow new players to offer mobile TV: TRAI
‘Existing telecom players not to be hit by proposed guidelines’
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ALLIANCES & JOINT VENTURES
FLAG signs 5-year deal with UK co
Reliance Communications-owned FLAG Telecom said it had signed a five-year contract with Vanco, a UK-based virtual network operator. The two companies will share their networks, said an official from RCom, without revealing the revenue sharing ...
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OFF-SHORE DEVELOPMENT
Sobha Renaissance enters China
Bangalore, Sept. 18 Bangalore-based Sobha Renaissance Information Technology (SRIT), in association with Yunnan Sunpa Image Tel Tech, has forayed into the Chinese healthcare market with a joint venture company called Sunpa Sobha Software ...
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OUTLOOK
Zensar spots 3 cities for expansion
Kolkata, Sept. 18 Zensar Technologies will take a call on the location of its next IT services facility within the next few months. As the company firms up plans to expand its footprint in India, it has identified Kolkata, Jaipur and ...
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