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M&A, PE investment halved in Indian IT, ITeS
As U.S. slowdown affects the global economy and currency woes disturb the markets, the IT sector also has taken the brunt.
 
EADS prefers HCL as a Tier1 supplier
European Aeronautics Defence and Space(EADS) opts for the Indian engineering service provider, HCL as its Tier1 supplier.
 
Sanra's acquisition to bring in more Animation
Sanra Software, a New Media technology company, sets for gaming ventures with a plan to make 2D and 3D animation movies.
 
Jharkhand cabinet clears rehabilitation policy
The Jharkhand cabinet Wednesday cleared the rehabilitation and resettlement (R&R) policy facilitating investors to acquire land to set up industries and providing for the compensation to the displaced people.
 
Toshiba set up power boiler plant in Chennai
Japan headquartered, Toshiba, a manufacturer and marketer of electronic and electrical products, will come up with a $250 million (Rs.1000 crore) power boiler plant at Ennore, in the north of Chennai.
 
MapmyIndia expands navigable map to 174 cities
MapmyIndia, one of the providers of digital maps in India, is bringing out a new addition of detailed maps to its Personal Navigation Device, MapmyIndia Navigator in version 2.0.
 
Seedfund raises $30 Mn fund
Seedfund, an early-stage venture capital fund founded by Pravin Gandhi, is looking to raise its second fund with a corpus of $30 million.
 
July launches MI SMS with NDTV Convergence
July, the company that delivers Mi branded live mobile internet channels, has partnered with NDTV Convergence, a player in digital media, to launch Mi SMS.
 
Gujarat's Samana set to become wind power hub
Samana in Gujarat's Rajkot district is set to become a major hub of wind power energy in the country as energy companies like China Light Power (CLP) and Tata Power have pledged to invest up to $189.5 million in different projects in the area.
 
HAL, Samtel JV bags $50 Mn order for manufacturing MFDs
Samtel HAL Display Systems has bagged development order worth over $50 million to manufacture indigenous next-generation Multi Functional Displays (MFDs) for Hindustan Aeronautics (HAL) over the next few years.
 
 
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Manish Sinha, Microsoft
Tridib Bhattacharjee, Avaya
Guru Ganesan, ARM
Jay Bhow ,Oracle
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