business

Telenor-Unitech: Small Beginning + Option To Go For Other Towercos

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Unitech Wireless / Telenor signed a tower sharing agreement with Quippo and the tower arm of TTSL (both of whom merged recently). The merged entity has 18k towers currently, increasing to 22k in April 2009 and to 40k in the next 12 months. This rollout plan is to meet the GSM launch by Tata Tele, … Read more Telenor-Unitech: Small Beginning + Option To Go For Other Towercos

FII net sellers of Rs 35 cr in cash market on 11th

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Foreign institutional investors (FIIs) were net sellers of Rs 34.76 crore (provisional) in the cash mart on Wednesday, according to information available on the BSE website. While FIIs made gross purchases of Rs 903.24 crore, their gross sales aggregated Rs 938 crore. Domestic institutional investors (DIIs) were net sellers of Rs 75.27 crore (provisional) on … Read more FII net sellers of Rs 35 cr in cash market on 11th

BEL MoU with SELEX Galileo for collaboration on EW programmes

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Navratna defence PSU Bharat Electronics Ltd (BEL) and SELEX Galileo have signed an MoU which will explore potential opportunities in the field of Electronic Warfare in the Indian market for offset requirements and contract manufacturing for export markets. Current opportunities include offset requirements in MoD programmes like MMRCA, wherein SELEX Galileo is participating through global … Read more BEL MoU with SELEX Galileo for collaboration on EW programmes

US H-1B visa issue not to impact Indian IT industry

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The stimulus package being considered by the US Senate has inserted a condition on companies which will be receiving aid from the stimulus package. Such companies will not be able to use H-1B visa to hire foreign employees if they had laid-off US citizen employees in the last six months. Many analysts have raised apprehensions … Read more US H-1B visa issue not to impact Indian IT industry

Pantaloon Retail bucks the trend in January sales

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Pantaloon Retail (India) has registered an increase in sales by 23.17% to Rs 752.02 crore in January 2009, as against Rs 610.56 crore during January 2008 from its value, life style and home retailing verticals. The company’s value retail sales grew by 21.08%, to Rs 452.87 crore during the month as compared to Rs 374.04 … Read more Pantaloon Retail bucks the trend in January sales

HCL BPO enters a strategic alliance with Ketera

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HCL Technologies’ BPO Services and Ketera Technologies have announced a strategic alliance to provide Source-to-Pay services. HCL BPO through this partnership with Ketera will deliver full-scope procurement outsourcing across industry verticals. Ketera provides a complete On Demand Spend Management suite which HCL deploys in its services to maximize efficiencies reduce costs, and increase productivity for … Read more HCL BPO enters a strategic alliance with Ketera