India's fifth largest software services firm Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth $240 million (over Rs 1,486 crore).
The landscape of the Indian software and services sector displays both stability and dynamism. While the top five companies - TCS, Infosys, Wipro, Satyam and HCL - have held on to their positions in the Nasscom list, others have gained or fallen back
Global majors like Accenture, EDS and IBM as well as major Indian IT vendors have been shortlisted by the public sector BSNL for second phase of its convergent billing system.
"I'm not doing any favour. I'm giving back to my country."
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
On Reva, Mahindra says electric cars are an innovation that can disrupt the automobile sector.
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
The city houses National Remote Sensing Centre and is also home to several companies offer geographical information system services.
Bajaj three-wheelers outsell Chinese three-wheelers in Peru. The Pulsar is number one in its category. Nikhil Lakshman discovers in Lima that even though the Chinese are far ahead in investments in Latin America's fastest growing economy, Indian manufacturing and IT are holding its own.
Today, apologies by CEOs of global corporations have become so common that you get case studies on the subject.
The Ministry's decision comes more than a year after the payment scam at NSEL came into light in July 2013.
'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
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