Nokia Siemens Networks (NSN), the world&rsquo;s second-largest maker of wireless phone systems, said it will pay $1.2 billion for wireless network assets from Motorola Inc to expand in North America and Japan.

Nokia Siemens acquires Motorola unit for $1.2 bn

Business Standard

Basic acquaintance with law and access to legal information have become indispensable to everyone these days, but no species of knowledge is more difficult to get at the desired moment. It is still a sealed book and patrimony of the legal profession. The courts are the least accessible of all branches of government. The situation has changed little even after computerisation of courts more than a decade ago.

M J Antony: Hung on cyber front

Nokia India has signed a new three-year wage settlement agreement with the employees of its manufacturing facility at Sriperumbudur, near Chennai.

Nokia inks new wage deal with workers

After Delhi Metro Rail Corporation (DMRC) routes and schedule making it on Google Maps, the search engine giant is in talks with Ahmedabad Janmarg Limited (AJL) for mapping Ahmedabad Bus Rapid Transport System (BRTS) on the website.

Google in talks with A'bad BRTS for mapping

Most Indians are reluctant to pay for digital signatures. With government mandates, things may look up for certifying authorities.

Sign of the times

Budding actors, directors and scriptwriters can now showcase their talent on Ibibo.com. The social networking site has launched a talent hunt for India&rsquo;s first 24-episode online serial, which will be broadcast on its site.

Maruti, ibibo to create India's first e-soap

Portability or horsepower should help you decide between a notebook and netbook.

Note down the net difference

Globally, on Amazon.com, the sales of ebooks may have outstripped the sales of hardcover books over the past three months. However, this does not appear to be the case in India.

Craze for ebooks yet to catch on in India

Four information technology (IT) companies have been accorded permission to set up offices in different IT special economic zones (SEZ) in the state. The permission was given at the Unit Approval Committee meeting of the AP IT SEZs development commissioner held on Monday.

4 IT firms to set up shop in AP SEZs

Wipro, the country&rsquo;s third-largest information technology (IT) services company, has created a grade (band) to ensure its employees in the entry- and mid-level categories continue to grow by giving them speedier promotions and faster wage hikes.

Wipro creates grade for faster promotions, hikes

Healthcare solutions start-up iLogy Healthcare is looking to dilute upto 49 per cent of promoter equity to bring on board a private equity partner. The company is looking at further verticalising its offerings in the health informatics, pharmaceutical services, content management, medical communications and knowledge consulting spaces as part of its expansion, said iLogy founder and CEO Dr Bimal John.

iLogy seeks funding

Hit by competition from Apple, Google smartphones.

Nokia profit plunges 40%

After launching two new smartphones Samsung Wave and Galaxy S recently, Samsung plans to launch 8-10 smartphones in India soon. The company also plans to continue launching affordable handsets in the Indian market.

Samsung lines up 8-10 smartphones

The Aditya Birla group company, Idea Cellular, has reported a 32 per cent dip in consolidated net profit for the first quarter at Rs 201 crore, as compared to Rs 297 crore in the same quarter last year. The company's revenues, however, went up 22.7 per cent to Rs 3,654 crore from Rs 2,976 crore in the first quarter of last financial year.

Idea net dips 32%

In 2005, the Supreme Court had defined Walky services as Wireless In Local Loop (WLL) services, which would attract the ADC levy to be paid to BSNL. Following this, BSNL had raised an ADC demand against RCom and TTSL. This was challenged by RCom and TTSL before telecom tribunal TDSAT, which in April, 2010, held it as valid.

SC declines ADC relief to RCom and TTSL

Press Trust of India

The Union law ministry has suggested a penalty on telecom service providers (licensees) equivalent to 100 per cent of their contract value if any equipment bought and installed by them is found to have any spyware or malware.

Telecom service providers may face stiff financial penalty for spyware

With the attrition rate going up, Wipro has issued restricted stock options to senior staff with effect from July 1. About 8,000-9,000 employees are eligible for these options, the quantum of which will be decided based on the grade, seniority and performance of the employee concerned.

Wipro offers restricted stock options to retain staff

In line with market expectations, information technology services and consumer goods company, Wipro posted a 31 per cent jump in net profit to Rs 1,319 crore in the quarter ended June 30, as against the year-ago period. The Bangalore-headquartered company, which also sells soaps, furniture and hydraulic equipment, saw its top line moving up by 16 per cent over the same period a year ago to Rs 7,236 crore, driven by steady volume growth during the last three quarters.

Wipro meets street expectations with 31% rise in net

Tata Teleservices is planning to slowly phase out the process of offering handsets and mobile connections together, a popular practice in CDMA business.

Tata Teleservices plans to move away from bundled CDMA services

Makes an adjustment of Rs 3,400 cr in fair market value to account for payment made for 3G.

Vodafone ups Essar's put option value

IT industry body Nasscom has proposed the idea of virtual special economic zones (SEZs) for the sector to get over the size criterion, which is less relevant for the IT companies compared with the manufacturing ones. Nasscom chairman Som Mittal said here on Friday this would help smaller companies based in Tier-II and Tier-III cities. The term virtual SEZ refers to an SEZ-equivalent tax treatment to an IT company, irrespective of its size.

Nasscom for virtual SEZs

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