Shares of Mahindra Satyam, the erstwhile Satyam Computer Services, today rose 9.92 per cent to Rs 93.65 on the Bombay Stock Exchange (BSE) amid reports that the IT services provider is in advanced stages of settling its long-drawn tax liability dispute with Upaid Systems, the UK-based mobile payment services company.

Mahindra Satyam scrip zooms 10% on Upaid reports

Business Standard

State-run Bharat Sanchar Nigam (BSNL) today paid Rs 8,313.8 crore for Broadband Wireless Access (BWA) spectrum, two days after the deadline expired, prompting the government to slap a penalty of Rs 30 crore on the PSU.

BSNL pays BWA spectrum fees of Rs 8,314cr; DoT to slap penalty

Press Trust of India

The Federation of Andhra Pradesh Chambers of Commerce and Industry (Fapcci), with technical support from city-based IT products company Syscon Solutions Private Limited, will be providing Syscon Cronus, an integrated enterprise resource planning (ERP) solution for micro, small and medium enterprises (MSMEs) in the state.

Fapcci to provide IT solutions to MSMEs in AP

Accord Communications Limited, a Meerut-based company engaged in designing, manufacturing and marketing of telecom products, is aiming at achieving revenues of Rs 800 crore from its multi-SIM mobile handsets business in the current financial year.

Accord Comm aims at Rs 800 crore from mobile business

Adobe Systems is expecting to reach double-digit growth figures this year. The company has identified government, video segments &amp; educational verticals as the key growth engines in India. Its new product Adobe Creative Suite (CS)-5, launched in April has been well received. So, it is planning to launch Flash player 10.1 in Indian market very soon.

Adobe Systems expects double-digit growth

Aircel, today announced the launch of its GSM mobile services in Haryana. With a subscriber base of over 40 million, Aircel, extended its services and rolled out its 20 th circle in the state.

Aircel launches GSM services in Haryana

Social networking sites no longer continue to remain sites for reconnecting with lost friends but are fast becoming a medium for job seekers, especially the passive ones.

Networking sites help companies recruit

AT&amp;T, the largest telecommunications company in the world, plans to expand its footprint in India, thanks to increasing demand from its customers. The company plans to spend a billion dollars to spruce up its global network, especially in the Asia Pacific region.

Q&A: Gopi Gopinath, CEO, AT&T Global Network Services

In a bid to beef up plans to extend its presence in Gujarat, Geodesic is launching GeoAmida, a Linux-based integrated mobile-micro computer in the state.

Geodesic's launches mobile computing platform GeoAmida in Gujarat

The government would allot 3G spectrum to successful bidders on September 1, while broadband wireless access (BWA) airwaves would be allotted to the bid winners immediately.

3G spectrum to be allotted on Sept 1

After snatching 14 per cent of the Indian market from multinational corporations in less than two years, homespun mobile handset makers have now set their eyes on other emerging markets in Asia, Africa and South America. Thus, Micromax (the largest Indian handset brand with 4.1 per cent share of the market) has plans for neighbouring countries like Sri Lanka, Bangladesh and Nepal, whole of Africa, Brazil and also Russia. Spice Mobile (3.9 per cent share) has in its crosshairs the entire region from Indonesia to Israel. Karbonn (3 per cent share) wants to sell in Africa and South America. Lava, ten months old in the business, is ready to foray into South Asia, East Europe, Africa and South America. And so is MVL, the latest off the block.

Indian handset makers now eye the world

Information Technology major Infosys's revenue growth is likely to be the strongest among the top three Indian vendors in the coming three financial years, a report said.

Infosys may top revenue growth in next 3 fiscals

Chinese telecom companies are understood to have proposed to set up a manufacturing facility here, in partnership with local firms, as one of the steps to address security concerns expressed by the government.

Chinese telcos may set up mfg base in India

Though Nokia remained the leader with 52 per cent share, Indian mobile phone brands strengthened their presence in the domestic handset market through 2009-10 -- garnering a significant 14 per cent share.

Indian mobile handset brands strengthen presence

Social networking site Facebook is all set to launch its India operations from Hyderabad in less than two months.

Facebook to launch India operations in two months

Technology giant IBM&rsquo;s hardware division, it appears, is back in business, with some help from India.

Rising IT spending helps IBM refocus on hardware

Reliance Infratel, the tower arm of Anil Ambani-led Reliance Communications (RCom), today agreed to merge its 50,000-tower portfolio with GTL Infrastructure in a cash and stock deal, making it arguably one of the largest merger and acquisition transactions in India.

RCom-GTL tower merger creates $11-billion giant

SMSCountry, a Hyderabad-based enterprise messaging and advertisement-based free short messaging service (SMS) provider, is in the process of launching an SMS application for iPhone, said its founder and chief executive officer Satya Kalyan Yerramsetti.

SMSCountry to launch iPhone application shortly

Africa&rsquo;s largest mobile service provider MTN Group is in talks with India&rsquo;s Loop Telecom to purchase a stake in the company, which owns mobile telephony licences in 21 circles.

MTN in talks to buy stake in Loop

Social networking site Facebook will be launching its India operations from Hyderabad &ndash; its first office in Asia &ndash; within two months from now. A proposal to this effect was cleared by the government on Saturday.

Facebook to launch India operations in 2 months

Gaming Moghuls are set to blow your mind with new consoles and 3D game titles.

Sony, Microsoft, Nintendo set to play up the game

Tech News: Latest Techn news & updates on Smart Watches, Gaming Console, iOS updates with launch date and price straight from Business Standard.com.

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