Tata Comm, Infosys and 4 others sign deal with U.S. firms

By siliconindia   |   Wednesday, 25 November 2009, 14:54 IST   |    4 Comments
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Tata Comm, Infosys and 4 others sign deal with U.S. firms
New Delhi: Six Indian companies, including Tata Communications, Infosys Technologies and Apollo Hospitals, have signed separate collaboration agreements with U.S.-based firms for joint business development. Data services provider Tata Communications has inked a Memorandum of Understanding (MoU) with Tyco Electronics to work together in providing additional connectivity and transmission, using dark fibers on the submarine cable system. And, Indian IT major Infosys Technologies has signed a multi-year enterprise agreement with Microsoft, to work together in areas like databases, besides infrastructure and application software. Also, Apollo Hospitals has signed an MoU with stem cell therapeutics company StemCyte to establish a cord blood bank facility at its Ahmedabad-based hospital. Moreover, drugmaker Cadila has joined hands with biotech firm Novavax to support production of key vaccines in India, including the recently-developed H1N1 Pandemic Vaccine. Jubilant Organosys also entered into a joint venture with two U.S. institutes - University of Alabama and Southern Research Institute. The agreement signing ceremony, organised by the industry body Confederation of Indian Industries (CII), coincides with the state visit of Prime Minister Manmohan Singh to the U.S.