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.

Now, mobile updates for fishermen at sea

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.

XL Telecom to invest $250 Mn in solar farm

No plan for chip-making yet