After eight years of joint operations in news television, the relationship between Rupert Murdoch-controlled STAR Group and Ananda Bazar Patrika (ABP) TV has run into rough weather.
The Internet Corporation of Assigned Names and Numbers' (ICANN) decision to expand gTLD (generic top-level domain) names on the internet to include almost any name (even .anything), is foxing both users and registers. It has also raised fears of online trademark violations and cybersquatting.
Six months after the Paras deal, Actis wants to exit Sterling Hospitals, a Gujarat-based multi-speciality hospital chain with six centres, according to three independent sources in the know.
Ashutosh Vaidya, head, Wipro BPO Solutions, and Deepak Jain, head, Technology Infrastructure Services, have put in their papers, said the sources. The reasons for the resignations could not be confirmed.
At present, at least, five over $500-million deals are being discussed for potential acquisition.
During the quarter ended March 31, it added seven clients, the highest since the third quarter of 2007-08.
Olympus Capital, UTI's PE arm to fund Rs 400 crore.
iGate Patni is all set to compete with the likes of IBM, Accenture, Infosys and Congnizant.
Japanese firm to retain Camlin, Camel brands.
Large-cap plus in low-cost delivery, investment in new services adds to sectoral push
Though all the regulatory and ministerial approvals are yet to come in, two working groups with specific mandates have been set up.
If the deal is successful, it would be the first such acquisition for the ADA Group.
Fair valuation of minority stake in joint venture at core of dispute; different worth of shares in two Essar entities a thorny issue.
Ruias to challenge Vodafone's put option, continue reverse-listing plan.
Last week, Essar had decided to prepay $900 million of this debt to foreign lenders.
The report said recent concerns about manpower like attrition, quality of talent and rising wages, have compelled IT companies to take a relook at their so far successful offshore business model more than ever before.
Nine years after parting ways, Prannoy Roy and Rupert Murdoch are again coming together for a unique airtime sale and marketing alliance.
The Bangalore-based company has revamped itself as it aims to simplify its business structure and focus on being a specialist in certain areas.
Three independent people with knowledge of the talks said the group had been selected in the first round and was now likely to make a formal bid.
TCS is stepping into an unchartered territory by targeting the small and medium enterprises.
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