India's second-largest information technology services company, is facing a legal battle on alleged visa misuse, on Thursday received a setback when a US federal court rejected its plea to decide the case through arbitration.

Visa misuse case: US court rejects Infy's plea for arbitration

Business Standard

The buzz is that two online retailers, based out of India, did a combined transaction worth $20 million just on the Diwali day, last month. Also, 25 per cent of the total retail market in the country is tipped to be the e-commerce share in the next 10 to 15 years, from a negligible pie now.

E-retailer plans India brand for global mkt as growth story unfolds

Beating market estimates, Mahindra Satyam, the information technology consulting and services company, reported a 10-fold rise in net profit to Rs 238 crore for the second quarter ended September, compared to Rs 23.3 crore during the corresponding quarter last year.

Satyam net up 10-fold

The air of expectancy around Friday&rsquo;s beginning of the 2G telecom spectrum case trial could match that for a blockbuster movie release.

Cast of 200 in a packed house & a 100,000-page legal thriller

You are a Bharti Airtel mobile-phone customer and haven&rsquo;t made a single call or send a message in two months? Chances are that it&rsquo;s sufficient reason soon for your number to be deactivated.

Numbers dormant for two months may be cancelled

Alex Johnson, a freelance video producer in Indianapolis, has a self-esteem problem. Well, not really, but his new iPhone thinks he does.

Now your phone talks back and humours you

Internet titan Google Inc has acquired two startup firms -- Apture and Katango -- for an undisclosed amount that would help it enhance the user experience of its browser and social networking services.

Google buys 2 startups to boost social network biz

Press Trust of India

Billionaire Anil Ambani-owned companies once again took a beating at the stock markets over the 2G spectrum case on Friday. Their shares fell 3-13 per cent on stock exchanges, a day after the Central Bureau of Investigation (CBI) told the Supreme Court if the three jailed Reliance Telecom executives turned approvers, it would help clear who the real beneficiaries of the transactions were.

ADAG shares battered over 2G news

India&rsquo;s second largest Information Technology services firm Infosys has managed to bag the Rs 700-750 crore financial services systems integrator contract from the Department of Posts (DoP). This is the second contract from the department for Infosys.

Infosys bags Rs 700-cr postal contract

German lawmakers approved an expansion of the euro area rescue fund&rsquo;s firepower, freeing the way for European officials to focus on what next steps may be needed to stem the debt crisis.

IBM pips Microsoft to become 2nd-most valued tech firm 

Online retailers are geared up to handle the festive season rush spanning Dussehra, Diwali, Christmas and New Year. Many of them have stepped up their workforce, while others have tied up with logistics companies to speed things up. Plus, plenty of offers and discounts have been lined up to make the most of the festive time.

E-retailers hire more, tie-up with logistics companies

In a class-action lawsuit, Facebook, the world&rsquo;s most popular social networking service, was accused by users of secretly tracking their Web activity after they logged off.

Facebook faces group privacy lawsuit

Home grown mobile phone company Karbonn will invest Rs 150 crore in product development, after sales service centres and marketing this year.

Karbonn to invest Rs 150 cr in FY12, to make tablet

It is every home printer owners&rsquo; classic dilemma &mdash; whether to go for ink refills, shell out an extra premium for an original cartridge or just exchange the printer for a new model. So, what should you be doing? Here&rsquo;s our take.

Lasting impressions

For most mobile users Trai&rsquo;s decision to block telemarketing calls has come as a respite, but for others it&rsquo;s a damper.

Pesky habit: Lesser spam, fewer wishes

The foreign debt of telecom operators such as Bharti Airtel and Reliance Communications might weigh even more as the rupee depreciates.

Telcos' foreign debt may weigh even more

There are several firsts attached to the Shah Rukh Khan-starrer Ra.One, when it comes to technology.

Cross-platform play for Shah Rukh's superhero flick

Researchers at the Indian Institute of Technology, Gandhinagar (IIT-GN) have undertaken a project to develop a 'slight early' earthquake warning system.

IIT, California Inst to develop early quake warning system

Mobile handset maker Samsung is betting big on smartphones and expects the segment to contribute about 20% of its total revenue from mobile devices by the year-end.

Samsung bets big on smartphones

They are filling the space left vacant by banks and helping small and medium units procure funds.

Online portals line up to assist SMEs 

Chakkilam Infotech Limited, an independent software testing services company from Hyderabad, has acquired US-based Cigniti Inc in a $2.4-million (approximately Rs 12 crore) stock-swap deal. Texas-based Cigniti, which primarily offers consulting and testing services to clients in the US, had declared revenues of $18 million (Rs 88 crore) last year.

Chakkilam Infotech buys US firm for $2.4 mn

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