Spice to sell telecom towers to Srei Infra
Mobile services provider Spice Communications is selling its tower arm to Srei Infrastructure in a $125 million deal. Once the deal was struck, the...
Monday, 30 November -1, 05:30 IST
India remains fave IT offshore destination
India continuous to be one of the favorite hubs for IT off-shoring and outsourcing globally. Despite the emergence of other locations across the world
Monday, 30 November -1, 05:30 IST
Wipro allots 38510 equity shares of Rs 2 under WESOP
Wipro,an Indian IT services company, today said that it has decided to issue and allot 38,510 equity shares of rupees two each to its eligible...
Monday, 30 November -1, 05:30 IST
Tech vendors await ripple effect of retail boom
Taking hope from a study which estimated that IT revenues will rise four-fold in four years starting from 2006, technology and software vendors are...
Monday, 30 November -1, 05:30 IST
Time Technoplast acquires Gulf Powerbeat WLL
Time Technoplast, which provides a range of technology based polymer product today said it has acquired Bahrain-based Gulf Powerbeat WLL (GPW), through its Hyderabad subsidiary NED Energy.
Mastek to raise $40 Mn for buyouts abroad
Offshore outsourcing company Mastek is raising $40 million in order to acquire companies with intellectual property rights in the insurance and healthcare space.