 | HCL, Motorola join hands for radio connectivity projects
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| Et 9 March 2010
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| KOLKATA: HCL and Motorola have inked an agreement to jointly bid for next-generation secured radio connectivity projects in India which several of the state government and police departments are now planning to implement. The two companies feel the potential deal pipeline for such projects will be in excess of Rs 1,000 crore over the next two years.
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| Wipro Infotech wins turnkey project from government
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| ET 9 March 2010
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| BANGALORE: Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services
announced that it has won a turnkey project from the Financial Intelligence Unit - India (FIU-IND), Ministry of Finance, Union Government.
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| Aditya Birla Minacs acquires UK-based BPO company
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| ET 9 March 2010
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| BANGALORE: Aditya Birla Minacs, a global business solutions company, today announced the acquisition of UK-based Compass BPO Ltd, a leading pure-play end-to-end Finance and Accounting (F&A) services provider.
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| Wipro Infotech to develop IT network to track frauds
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| Et 9 March 2010
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| NEW DELHI: The government might now have a tighter grip on financial scams in the country. The ministry of finance's Financial Intelligence Unit (FIU) has awarded an IT contract to Wipro Infotech to develop an IT network to track all irregular financial transactions.
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| 'Avatar' producer lauds Reliance MediaWorks for its Oscar
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| ET 9 March 2010
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| NEW DELHI: Jon Landau, co-producer of 3-D sci-fi epic "Avatar" that won three Oscars including one for visual effects, has praised Lowry Digital, a subsidiary of Reliance MediaWorks Ltd, for enhancing live-action scenes in the film for the golden gong.
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| Infosys bets big on pay-per-use model
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| ET 5 March 2010
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| BANGALORE: Infosys Technologies plans to have a third of its total revenues coming from new services, including cloud computing and platform-based offerings, over the next few years, even as such engagements mean lower profitability to begin with.
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| Wipro in 7-yr deal with Main Street America
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| Et 5 March 2010
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| MUMBAI: Wipro Technologies, the IT services business of India's No. 3 software exporter Wipro Ltd, said on Thursday it has entered into a 7-year deal with The Main Street America Group to provide software services.
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| Free trade agreement talks with EU to be stepped up
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| Hindu 5 March 2010
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| India and the European Union (EU) on Thursday agreed to ‘intensify' the Free Trade Agreement (FTA) negotiations with the aim to conclude the FTA by October ahead of the India-EU summit.
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| Wipro shuffles top management
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| ET 4 March 2010
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| BANGALORE: Wipro Ltd made key changes in its top management to focus on education and green energy as part of its strategic initiatives, the IT
bellwether said Wednesday evening.
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| TCS bags £ 600 mn UK pension deal
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| News Center 3 March 2010
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| Software major Tata Consultancy Services (TCS) is all set to bag a £ 600 million outsourcing contract from the UK Government for managing a state-sponsored pension scheme that is still in the works.
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| Sybase, Wipro to power SAP applications on mobiles
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| ET 2 March 2010
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| BANGALORE: Sybase Software (India) Pvt. Ltd., the Indian subsidiary of Sybase, Inc., an industry leader in enterprise and mobile software and Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services, today announced a partnership to extend SAP applications to a variety of mobile device types.
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| Tata Motors up 7.3% on better Feb'10 sales volumes
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| Money Control 2 March 2010
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| Tata Motors touched an intraday high of Rs 764 and an intraday low of Rs 720. At 09:03 hrs the share was quoting at Rs 763.30, up Rs 52.10, or 7.33% on the NSE.
The company's February '10 sales were at 69,427 units versus 43,811 units (YoY). Its domestic sales for commercial and passenger vehicles were up 56%, reports CNBC-TV18.
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| Finland, Sweden hit by record official recessions in 2009
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| ET 2 March 2010
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| The Finnish economy took a tremendous blow, shrinking by 7.8 percent and in Sweden gross domestic product shrank by 4.9 percent.
Both figures were worse than expected, and analysts worried that recovery in Finland seemed to be lagging.
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| Highlights of Union Budget 2010-11
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| Rediff 26 Feb 2010
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| Presenting his 5th Budget in Parliament on Friday, Finance Minister Pranab Mukherjee said that India's economy is in a better position than a year ago, however, challenges remain.
1st challenge: quickly revert to higher GDP growth path of 9%, cross double digit growth
2nd challnge: harden economic growth to make dev more inclusive
3rd challenge: relates to problems in government system
Focus shifts to non-governmental actors
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| Wipro Info edges out Satyam to bag Rs 100-cr PSB deal
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| ET 26 February 2010
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| NEW DELHI: Wipro Infotech, the domestic arm of Wipro Technologies, on Wedneday, bagged a Rs 100-crore IT contract from Punjab & Sind Bank, to integrate its branches with an IT network and implement Infosys’ core banking solution. The contract was earlier awarded to Satyam, which failed to deliver on time, resulting in the contract getting dissolved.
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| Tata Power profit dips to Rs 93 crore
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| ET 26 February 2010
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| MUMBAI: Tata Power, the country’s largest private utility, on Thursday, said its consolidated net profit for the fiscal third quarter fell
sharply to Rs 93 crore from Rs 505 crore due to a one-time charge spent towards modification of contractual agreements related to mining costs.
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