MindTree picks up 14 percent in Aztecsoft
IT research and development firm MindTree has picked up over 14 percent in Aztecsoft through market purchase transaction route for Rs52.75 crore.
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News Spotlight:General | Business | Technology | Ventures | Weekend
Brook Venture Partners leads $3.3 Mn investment in Certica Solutions
Certica Solutions, a Wakefield, Massachusetts-based provider of information management software solutions to the K-12 education market, today announced that it has closed a $3.3 million investment led by Brook Venture Partners.
Ellis Island awards for six Indian Americans, one Indian
Six Indian Americans, including three doctors and three entrepreneurs, have been chosen for the Ellis Island Medal of Honour for 2008.
India successfully test-fires Agni-III
India Wednesday successfully tested its longest-range nuclear capable missile Agni-III, catapulting the country into the select group of nations that have intermediate-range ballistic missiles (IRBM).
Microsoft mulls purchase of Facebook: report
Microsoft's bankers have approached Facebook about a purchase of the social networking site as an alternative for its failed takeover bid for Yahoo, an American business journal has reported.
ADB pledges billions of dollars to tackle food crisis
The Asian Development Bank said Wednesday that it was allocating $500 million to tackle skyrocketing food costs in the region.
India, China will be global players in tourism
India and China will be the new global players competing for a huge chunk of tourists, transforming the geopolitical landscape. The U.S., though a key factor, will have less influence, according to a study.
IMF granted new powers to raise income through investments
Members of the International Monetary Fund have approved a broad expansion of investment practices as part of an overhaul of how the crisis lender acquires income.
NTPC's Sipat unit begins power generation
The National Thermal Power Corporation's (NTPC) first 500 MW coal-fired unit of the controversy-marred 2,980 MW plant at Sipat in Chhattisgarh has started functioning following the restoration of water supply by the state government.
Indian real estate firm plans new five-star chain
Leading Indian real estate firm Sobha group is planning a new chain of five star hotels across India, Middle East and Africa under the brand name Sobha Hotels.
Tamil publishing firm nets venture capital
A multinational venture capital fund has invested "sizeably" in New Horizon Media (NHM), a closely held corporation having published over 650 books that have sold 250,000 copies.
Trane opens global design centre in Chennai
Chennai: The U.S. based heating, ventilation and air-conditioning (HVAC) firm Trane launched its global design centre here to support the company's Indian market as well as its global R&D wing.
