Oracle to acquire Sun Microsystems for $7.4 Billion
U.S.-based software major Oracle Corp plans to acquire Sun Microsystems for $7.4 billion at $9.50 per share in a cash transaction, the two...
Monday, 30 November -1, 05:30 IST
Satyam to remain stand alone entity, says Mahindra
Tech Mahindra, the new owner of Satyam Computer Services, Monday said the fraud-hit IT major would remain a stand-alone entity in the foreseeable...
Monday, 30 November -1, 05:30 IST
Tata Teleservices to invest $2 Billion for GSM services
Tata Teleservices Ltd (TTSL), one of the leading mobile telephone service providers in the country using CDMA technology, Monday said it will...
Monday, 30 November -1, 05:30 IST
'Indian BPOs' revenues will be doubled by 2010'
India's business process outsourcing (BPO) industry will double its revenues in less than two years despite the economic slowdown and protectionist...
Monday, 30 November -1, 05:30 IST
Tech Mahindra deposits funds for Satyam stake buy
Tech Mahindra, the IT arm of auto major Mahindra and Mahindra, Monday said it has deposited the amount needed for acquiring a majority stake in the fraud-hit Satyam Computer Services.
Spy planes acquired from U.S. to be based in Tamil Nadu
India's newly acquired long-range spy planes, the P8-I, purchased from the US under a $2.1 billion deal earlier this year, will be based at an Indian naval air base in Tamil Nadu for better surveillance of the country's coastline.