3G phone prices to fall by half
Mobile phone makers are gearing up to offer 3-G enabled handsets at dramatically lowered prices.
Rolta acquires BI firm for $40-50 Mn
Rolta is all set to acquire a Chicago-based software firm. It is ready to shell out an amount of around $40-50 million in order to acquire the company
Parsvnath to build four star hotel in Lucknow
Leading real estate firm Parsvnath Developers will set up a four star hotel in Lucknow as part of its plans to enter the hospitality sector, the company said Wednesday.
India's direct tax mop-up jumps 46 percent
India's direct tax mop-up jumped by 46.95 percent during the first four months of the current fiscal, led by a robust collection in the national capital, official data sh...
BEL hands over indigenous 3-D radar to IAF
Bharat Electronics (BEL), a defence public sector undertaking, Wednesday handed over the first indigenously developed 3-D radar to the Indian Air Force (IAF), marking a q...
Indian Oil gets Rs.200 Bn cash injection
The state-owned Indian Oil Corp (IOC) has got a temporary cash injection with the Reserve Bank of India (RBI) raising its credit limit by Rs.200 billion.
Murdoch to invest $100 Mn on 6 new TV channels in India
Rupert Murdoch's Star Group will invest $100 million (Rs.4.2 billion) to launch six new television channels in India within the next 12 months.
NRIs bullish on Indian realty market
Indian realty sector is badly affected by the fall of 15-20 percent in residential capital values across tier II and III cities.
Does BPO need a Union?
The recent controversy of the requirement of unions in the BPO sectors has generated much speculation all over the country
150-200 bps rise in Firstsource
Firstsource Solutions' basis points might raise upto 150-200 on the grounds of higher productivity and lower expenses.