The Hindu Business Line : Thursday, February 07, 2008

TELECOMMUNICATIONS
Bharti signs pact for new under-sea cable
New Delhi, Feb. 6 Bharti Airtel, along with eight major global telecommunications companies, has signed a formal agreement to build a high-capacity fibre-optic submarine cable that will connect India to France via West Asia. Videsh Sanchar ... More

IMPACT
Bharti’s tower business draws more suitors
Segment sees heightened interest More

INSIGHT
Software in a baggy green?
Much like the Australian cricket team, the Indian software industry is going through some tough times. More

SOFTWARE
Indian arm fastest growing for SAP
Bangalore, Feb. 6 SAP, the largest maker of business software, said Wednesday SAP India was the fastest growing subsidiary for the company worldwide. SAP India, which includes India, Sri Lanka and Bangladesh, is within the top 10 revenue ... More

Maveric Systems to invest $3-4 million more
Equity dilution planned; to hire 200 more More

HUMAN RESOURCES
Salary cut: HR fraternity unperturbed
Bangalore, Feb. 6 Even while a 1.5 per cent salary cut for TCS employees is giving the country’s tech workforce sleepless nights, the IT-HR fraternity here is reassuring that “it is not unduly worried over the IT giant’s ... More

MERGERS & ACQUISITIONS
Mindteck buys Infotech of US
Bangalore, Feb. 6 Mindteck (India) Ltd, a global technology and IT services company, today announced the acquisition of a Pennsylvania-based Infotech Consulting for a combination of cash and share swap. Mindteck paid $1.5 million in ... More

OFF-SHORE DEVELOPMENT
MindTree office in Dubai
MindTree Consulting Ltd has opened an office in the Dubai Airport Free Zone. This will enable the company to consolidate itself in West Asia. “The Middle East is growing at a rapid pace with a high demand for IT services in the region. ... More

INTERVIEW
Staff performance, productivity matter: TCS
Group gains strength from top level shifts: Mahalingam More

SOCIETY & DEVELOPMENT
AMD sets up computer learning lab for girl students
Semiconductor company Advanced Micro Devices (AMD) and American India Foundation (AIF) on Wednesday commissioned a Computer Learning Lab at the Government Girls High School in Secunderabad and plan to host more such centres in the ... More

VENTURE CAPITAL
Kohlberg Kravis buys 2% stake in Bharti Infratel for $250 m
New Delhi, Feb 6 Bharti Infratel, a wholly-owned mobile tower subsidiary of Bharti Airtel Ltd, announced that private equity firm Kohlberg Kravis Roberts & Co (KKR) has agreed to invest $250 million in Bharti Infratel. The investment will ... More

NEW PRODUCTS & SERVICES
SatNav’s One India map
SatNav Technologies, a-Hyderabad based IT company working on geographical positioning systems (GPS), has announced the launch of One India integrated map. SatGuide offers the users a choice of either One India Integrated data or data of ... More

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