ONGC Videsh Limited, overseas investment arm of state-run Oil and Natural Gas Corporation, wants to buy BP's 35 per cent stake in the $1.3 billion Nam Con Son gas project in Vietnam.
With the state-owned BSNL's 93-million-line tender once again the subject of a controversy, it's but natural to elicit the views of Ericsson's global president and CEO Carl-Henric Svanberg on this
Swedish telecom equipment supplier Ericsson on Monday announced setting up a R&D centre in Chennai and an investment of $100 million to upgrade the manufacturing facility in India.
Swedish telecom major Ericsson will be the first multinational to manufacture radio base stations for mobile phones in India to cater to the operators here for their network roll-outs.
The company is working with various telecom operators to trial run 3G services.