The deal would be in the range of Rs 13.20 crore (Rs 131.20 million).
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
Business Objects, a Nasdaq-listed business intelligence software company, would invest $150 million in research and development during 2004, a company official said in Mumbai on Monday.
Nasdaq-listed Sify Ltd said on Thursday that Infinity Capital, a company controlled by Silicon Valley entrepreneur Raju Vegesna
Apple Inc is preparing for the largest initial production run for its next iPhones by the end of the year.
With a view to tap the east Europe market better, the Nasdaq-listed software major Infosys is planning to set up a centre in Czechoslovakia for both information technology and business process outsourcing operations.
GoPro Inc's shares fell as much as 16 per cent on Monday after a French journalist suggested that Formula 1 legend Michael Schumacher's injuries in a ski accident last year might have been caused by a wearable camera made by the company.
In the quarter, Cognizant's revenue grew one per cent over the past quarter in North America.
They were beaten in men's doubles quarterfinal of the Nasdaq-100 Open tennis tournament in Miami.
FCG Software Services (India) Pvt Ltd would set up a development centre over 20,000 sq ft area in Bangalore for the Nasdaq-listed Witness Systems.
Buoyed by the second quarter results, the Nasdaq-listed Cognizant Technology Solutions has announced its plans to hire 5,000 people by the year-end, thus taking the company's total headcount to 14,000.
Nasdaq-listed software major Infosys Technologies said, on Wednesday, that it will recruit 8000-10,000 people this fiscal year and invest $21 million for expansion.
When you go to US B-schools, you find that most of the student getting high GPAs are Indians. So, we had to do a different mix in order to make sure we had a good mix of people.
IT major Cognizant Technology Solutions said on Friday that its development centre in China was expected to get legal status by August-end and the operations would be headed by Henry Yang, a Chinese native.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
As part of its aggressive growth strategy, NASDAQ-listed Magic Software Enterprises on Wednesday said it wants to achieve a revenue of $60 million in India by 2007 and boost the number of partners for its two products in the country.
With uncertainty looming large over Indian markets, retail investors can increase their exposure to US funds.
Shanghai's benchmark share index plunged below 4,000 points for the first time since April
Nasdaq listed Infosys Technologies will announce its third quarter results on January 12.
If your cellphone bill exceeds your wildest dreams next time, beware!
Expectations among investors are high on Infosys Technologies as it comes out with a bonus share option or a stock split to shareholders on Tuesday, synchronising with the company breaching the $1 billion mark in revenues.
Sensex has shed over 150 points in afternoon trade.
After striking good deals in the domestic market, Infosys is now firming up plans to tap the Eastern European markets for its banking product, Finacle.
Netguru India, the Indian arm of Nasdaq listed Netguru Inc, on Tuesday announced it foray into the markets of Malaysia, Myanmar and Thailand through strategic tie-ups encompassing the fields of multimedia, IT education and e-governance, among others.
The Belgian world number 36 was banned for "aggravated behaviour" after being kicked out of the Nasdaq-100 tournament.