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NEW BUSINESS
Educomp bags AP order
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TELECOMMUNICATIONS
Kerala IT Mission working on services thru cell-phones
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Mobile and Wireless enters India
Singapore-based Mobile and Wireless Group has announced its entry into India and unveiled its latest Windows Mobile handsets, the MWg Atom V and MWg Zinc II. The MWg Atom V is a full-featured, touch-screen operated device with in-built GPS, while ... More

Virgin Mobile’s vSleek offer
Tata Teleservices’ Virgin Mobile, the youth-focused mobile services brand, announced a new offer whereby on purchase of every vSleek, an ultra slim phone loaded with colour, FM, camera, MP3, memory card, and priced at an attractive point of ... More

‘We can snoop into Blackberry data’
New Delhi, June 12 The Communication and IT Minister, Mr A. Raja, on Thursday said that the Government will deploy technology that will enable the security agencies to snoop into data being transmitted through Blackberry devices if the ... More

FINANCIAL PERFORMANCE
KPIT Cummins revenue rises 42%
KPIT Cummins Infosystems, IT consulting and solutions partner to global manufacturing corporations, has recorded total revenues of $145.24 million for FY08, a growth of 41.67 per cent over the previous year. In rupee terms, total ... More

SOFTWARE
IBS to set up campus at Kochi Info Park
IBS Software Services, an IT solutions provider to the global Travel, Transportation and Logistics (TTL), is setting up an own campus at Kochi Info Park at an investment of Rs 150 crore. The Kochi Centre, to be fully functional by ... More

MERGERS & ACQUISITIONS
Wipro buys out Motorola stake
Wipro Technologies has pulled out of its joint venture with Motorola Inc – WMNetServ, for managing tele-communication networks and services for operators. Wipro will buy out Motorola’s stake in the deal. The joint venture, WMNetServ, ... More

REGULATORY BODIES & RULINGS
Global bidding for 3G is okay with Law Ministry
‘Issue can be referred to GoM to address regulator’s concerns’ More

VENTURE CAPITAL
Cnergyis gets funding from Erasmic, Mumbai Angels
Pune, June 12 Cnergyis, player in providing HR software-as-a-service (Saas) plus service model, has received funding from Google-backed Erasmic, Mumbai Angels and a group of individual investors. Talking to Business ... More

SatNav gets $7 m from Sequoia
Hyderabad, June 12 Navigation solutions provider SatNav Technologies has secured $7 million (about Rs 30 crore) funding from Sequoia Capital and announced its intent to mass market its products and services. The company has mapped over ... More

OUTLOOK
‘W. Europe next growth target for IT majors’
SWITCH cos’ growth faster than rest of market: Gartner More

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