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Tech Mahindra completes share swap

This pushed the issued capital of the company from earlier 129 mn shares to 232 million shares

Nasscom shortlists 332 application for its 10,000 start-up programme

Initiative started by Nasscom to provide entrepreneurs with angel funding, infrastructure, incubation

PEs drive consolidation in BPOs, IT services

The space has already seen five deals worth $1,13 billion in 2013 compared to one each in the previous two years

PE firm Avenue Venture invests Rs 40cr in Vastushodh's affordable housing project

Vastushodh to launch affordable housing project in Boisar Mumbai

TCS completes Alti acquisition

PE/VC investment in Indian agri-business increases

Investments in the sector rose 75% in the first six months of 2013

Free Apps for smartphone pose security threat: McAfee

Cybercriminals are abusing app permissions to commit fraud and install malware

Nasscom sets up BPM council

BPM to be $50 bn industry unit by 2020

British Airways extends contract with WNS

Under this, WNS will continue to provide comprehensive range of services

Phishing attacks increasingly target India

10,000 Indian users were subjected to phishing attacks on a daily basis in 2012-13

eBay India starts offering food items

Beverages most bought product followed by sauces & dressings, and snacks & lunch

Capgemini takes India route to growth

Besides having Indians in top management, the IT major is working to make the country an innovation hub to drive business in Europe

Cognizant hopes revenue growth to exceed target in '13

Does not see the immigration bill impacting deal closures

Rolta raises 1,090 cr by issuing Senior Notes on Singapore Exchange

Offering made by its wholly owned subsidiary, Rolta LLC was oversubscribed by two times

Clients back Cognizant on Immigration Bill

Current legislation as written will severely damage the US economy and lead to loss of tremendous number of high skilled jobs

Firstsource Q4 net up 74.2% y-o-y

Revenues rose 14.6% to Rs 712.5 crore for the reported quarter compared to Rs 621.8 crore in the corresponding period last year

Indian public cloud services market to reach $443 mn in 2013

Infrastructure as a service continues to be fastest growing segment; software as a service continues to be largest segment

What makes TCS tick?

The company is racing ahead of its peers even as other sectoral players feel the slowdown heat

Rolta to raise over $200 mn through overseas bond issue

Company primarily looking at raising funds to retire some of its high cost rupee debts

CII hopes for 50 bps cut in interest rates

CiI expects an indication that RBI is open to bringing it down by 100 bps in long term