Former Bell Labs president Arun Netravali is setting up a $250 million venture capital fund which will invest in the United States-based start-up companies in telecom and technology areas, which would be outsourcing to India.
A US court has asked Antrix Corporation, the commercial arm of Indian Space Research Organisation, to pay a compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.
Ravi Shankar Prasad in a review meeting of MTNL earlier this month had pulled up officials for poor network quality and slow pace of network roll-out.
Later, he joined Ericsson India where he handled corporate affairs and communication.
Five of the 10 best-paid independent directors belonged to the Tata group, followed by four from Reliance Industries and one from Wipro.
The government on Friday put on hold the preferential market access (PMA) policy that provided for sourcing of sensitive telecom and electronic equipments and technology from domestic manufacturers over security concerns.
Indian telecom seems to be getting back on its feet.
Nokia is hiring software experts, testing new products and seeking sales partners.
PINK, Penaz Masani and a precious picture of Nirupa Roy in and as Superman, a low-down of Sukanya Verma's fully filmi week!
It is a sign of evolution in filmmaking, writes Sukanya Verma.