Although, global slowdown is the main reason behind the move, officials said the land, which was meant for the IT-BT Park, has now been allotted to other industries for expansion purposes leaving no place for the project.
BT has been associated with Tech Mahindra since the latter's inception and contributes 40 per cent to the firm's revenue but it has been looking at divesting its stake.
Amid reports that its chairman Christopher Bland has sought Indian government's help to resolve a bandwidth-related dispute with VSNL, British Telecom said it is engaged in a mutually beneficial dialogue with VSNL.
Even as the country awaits the final word on genetically modified brinjal, seed company Monsanto is moving ahead with new products.
BT Group Plc, Britain's largest fixed-line telecom provider, said on Friday its BT retail unit would set up two call centres in India, joining a long list of firms moving to that country in a bid to cut costs.
The moratorium imposed on Bt brinjal last year is likely to continue, despite the expert committee, set up by the environment ministry, favouring "limited release" of the crop.
South Africa bounced back to defeat India by 12 runs in the first women's T20I to secure their first win of the multi-format tour
BT group, the UK's incumbent telecom operator will acquire Mumbai-based i2i Enterprise Ltd, a company specialising in Internet protocol services to become a leading global carrier in the local market.
Kharge will take care of IT & BT along with existing portfolio, while Large & Medium Industries Minister M B Patil has been given the additional charge of Infrastructure Development.
The Biocon chairman said there is a regulatory path for GM crops which aims to establish safety and efficacy over an accepted period and it has been diligently followed by Bt brinjal on the basis of which the Genetic Engineering Approval Committee has given its positive verdict.
Buoyed by the initiatives taken by the government in the communication sector, UK telecom major, British Telecom, on Thursday said it would look at the option of starting services in India in IT and BPO sector.\n
Communications solutions and services provider British Telecommunications' (BT) Indian arm, BT India (BTI), on Tuesday said it will invest 375,000 pounds (about $558,418) for setting up its Asia Pacific security operations centre (SOC) in the country.
British telecom giant BT has offloaded 9.1 per cent stake in Tech Mahindra for Rs 1,011.4 crore, marking its exit from the Indian IT services firm.
Agriculture being a state subject, the Centre could not impose its policy on states, Madhya Pradesh agriculture minister Ramkrishna Kusmaria, who was in Thiruvananthapuram to attend a two-day national meet on genetically modified crops, told PTI.
The whitefly outbreak has intensified a debate over GM crops just as Prime Minister Narendra Modi's office reviews a proposal to allow farmers to grow GM mustard.
The Bt cotton variety Bollgard-I, which is the most widely used variety in India, has been phased out in many countries.
Since this is an edible crop, it is even more important to ensure that there is no contamination of non-GM crops.
During his month-long tour, Ramesh would seek views from scientists, agriculture experts, farmers' organisations, consumer groups and non-government organisations on the report submitted by the Genetic Engineering Approval Committee on Bt brinjal in October.
Last year, the state was flooded with spurious Bt cotton seeds and the farmers and original manufacturing companies had suffered major losses.
UK-based telecom company BT today completed the sale of its 5.5 per cent stake in Tech Mahindra to partner Mahindra & Mahindra (M&M) for Rs 451 crore ($100.2 million). After the sale, BT has 24.4 per cent in Tech Mahindra.
Auto giant Mahindra & Mahindra on Friday said it has agreed to acquire 5.5 per cent of IT firm Tech Mahindra's stake from UK-based British Telecommunications Plc (BT). UKs largest fixed-line phone company BT holds 30 per cent stake in Tech Mahindra.
The types of jobs to be brought back home could require staff to work weekend shifts and up until 11pm at night. The communications workers union has said that it will be unfair for call centre operators to work for the hours, particularly for those with families.
With his ministerial colleagues and experts expressing reservation on moratorium on Bt-brinjal, Prime Minister Manmohan Singh has convened a meeting of concerned ministers on the issue this week.
Alarmed at the possible ill effects commercial cultivation of Bt Brinjal could have to their traditional Brinjal crop, villagers at a gram panchayat in Kerala have launched a campaign to showcase their varieties to the world, distributing seedlings to households in the area and highlghting its 'medicinal' effects.
Environment Minsiter Jairam Ramesh will from Wednesday hold a series of public meetings across the country on the controversial Bt brinjal which was cleared by the country's bio-technology regulator last year for its commercial cultivation.
A moratorium 'for now' on Bt brinjal is a healthy breathing space. It could still turn toxic if any one technology is pushed at the cost of a multi-dimensional approach to securing our food future, says Rajni Bakshi.
Chanting 'Justice for RG Kar' and 'Justice for our sister', hundreds of IT professionals took to the streets of Sector V in Salt Lake, the city's IT Hub, protesting against the rape and murder of a post-graduate trainee doctor at RG Kar Hospital.
The transaction will be done through the stock market via block deals.
World No. 1 Yamaguchi, however, had to toil hard to get across three-time world champion and Rio gold medallist Carolina Marin of Spain 21-17, 14-21, 21-19 in the day's first match at the IG stadium in New Delhi.
While the moratorium on the commercial introduction of Bt brinjal will continue for now, it may not last indefinitely. Prime Minister Manmohan Singh, who addressed the issue among his combative ministerial colleagues this evening, is said to have asked for a swift assessment of all scientific and safety issues relating to the genetically-modified (GM) variety of the vegetable.
Bt brinjal is a genetically-modified vegetable which is infused with Cry1Ac gene from a bacterium Bacillus thuringiensis to make the plant resistant to the fruit and shoot borers and certain pests.
The ministry of environment and forests, according to documents available on its website, had set up a Bt brinjal Technical Review Committee early in 2007.
It may creep in via Bangladesh and Philippines, according to A R Reddy, co-chair of Genetic Engineering Approval (now Appraisal) Committee that approved the vegetable for commercial use.
Bacillus Thuringiensis Brinjal, popularly known as Bt brinjal, is at the centre of a major controversy in India.
The moratorium on commercial cultivation of Bt brinjal, the genetically-modified form of the vegetable, is not likely to end anytime soon.
Debates over introducing Bt brinjal, the first genetically modified food crop in India, might have taken a different turn if the government had taken note of studies by one of its own R&D bodies, the Indian Council of Agricultural Research, showing that indigenous methods of controlling the notorious fruit and shoot borer can be as effective, cheaper and more environment friendly than using chemical pesticide.
Never since the days of the Green Revolution in the 1970s has a food crop aroused the curiosity of the agriculture community as much as the country's first genetically modified vegetable, Bt brinjal has.
Their representatives joined hands on Wednesday at a conference called in Kerala by the state government and called their united stand the second war of Indian independence.
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