Tatas-owned Videsh Sanchar Nigam Ltd on Friday completed the acquisition of undersea cable network company Tyco Global Network, a move that would provide VSNL more bandwidth for providing connectivity to carriers and other businesses like IT and BPO.
Tatas-controlled Videsh Sanchar Nigam Ltd on Wednesday got clearance from a US government agency for acquisition of undersea cable assets of Tyco Global Network (TGN) for $130 million.
VSNL has agreed to acquire Tyco Global Network, one of the world's most advanced and extensive submarine cable systems for $130 million.
Zydus Pharmaceuticals Inc, the US arm of Zydus Cadila has entered into a strategic alliance with Mallinckrodt Pharmaceuticals Generics, a business unit of Tyco Healthcare to market generic products in the US.
According to police, during the probe of the case of a Hyderabad-based young CA student hacking into the IT account of Ambani, it has emerged that the business tycoon's account was also fraudulently accessed from Noida.
The Confederation of Indian Industry has also inked a pact with Santech Communication to serve the needs of industry for nanotechnology-based products.
Bharti Airtel and five other telecom companies will lay the US-Asia undersea cable, with an estimated cost of $300 million.
Once your fallen predecessor is gone and the crisis PR managers have departed, as CEO of a damaged vessel, the board is expecting you to lead the corporation
Videsh Sanchar Nigam Ltd has tied up with Australia-based telecommunications carrier Pipe Networks to lay a new submarine cable linking Australia to Guam.
Close on the heels of acquiring Tyco Global Network for about Rs 600 crore (Rs 6 billion), Tatas-controlled Videsh Sanchar Nigam on Thursday said it was open to acquisitions and takeovers for maintaining high growth momentum.
Having made two major overseas acquisitions, Tatas owned Videsh Sanchar Nigam Ltd is looking for further acquisitions to add to its services and customers base.
Close on the heels of acquiring Tyco Global Network, Tata group chairman Ratan Tata on Wednesday launched a $100 million undersea optical fibre cable linking Singapore to India.
In a society where corruption is endemic and you want to get something done then it is all too tempting to offer a bribe, Swraj Paul said.
Vinod Kumar, Tata Communication CEO has amazing business strategies to enhance topline.
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