IT trainer NIIT buys US firm for $40 M
India's top computer trainer, NIIT Ltd, has purchased US-based Element K for $40 million to boost its growth in developed economies.
Monday, 30 November -1, 05:30 IST
Subex Q1 net falls 53% on accounting change
Telecom software company, Subex Ltd. posted a 53 percent fall in net profit for the June quarter due to change in the accounting policy.
Monday, 30 November -1, 05:30 IST
STMicroelectronics adopts Magma solution
ST Microelectronics has successfully implemented Magma's solution.
Monday, 30 November -1, 05:30 IST
India rejects $100 laptop
India has rejected Prof. Nicholas Negroponte's One Laptop Per Child scheme.
Monday, 30 November -1, 05:30 IST
Microsoft to invest $150 M in Pune
Microsoft will $250 million in a new Pune development center.
R Systems acquires WebConverse
R Systems will acquire Webconverse for $10.7 million.