EMC Corporation, the information management and storage leader, on Tuesday said it will double its existing investment in India by 2010 from $250 million to over $500 million.
Total cloud market in India, now at $400 million, is expected to reach a market value of $4.5 billion by 2015.
This is contrary to the BSNL technical committee's earlier approval to use the DR solutions of US-based Sun Microsystems and EMC Corporation. According to vendors close to the development, HP's DR solutions were not mentioned in the original purchase order issued to Ericsson, the main bidder.
A move by Swedish telecom major Ericsson, the main implementation partner for Bharat Sanchar Nigam's (BSNL) disaster recovery (DR) program, to replace Sun Microsystems and EMC Corporation storage solutions with Hewlett-Packard (HP) products has kicked up a controversy.
Finance Minister Jaswant Singh on Wednesday cleared 30 foreign direct investment proposals worth Rs 130.25 crore.
All the results from the I-League and ISL matches played on Thursday
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