US-based Sutherland Global Services today announced the acquisition of Adventity Global Services, a business and financial research and analytical services company.

Sutherland to acquire US BPO firm; deal estimated at Rs 250 cr

Business Standard

The special court set up to try the Satyam scam accused today disallowed a petition by Satyam Computer Services Limited&rsquo;s former chief financial officer, Srinivas Vadlamani, seeking treatment in a private eye hospital.

Court rejects Vadlamani's petition for pvt eye doctor

Microsoft Corp today announced the India launch of its software Office 2010, which incorporates the popular Word, Excel and Powerpoint applications.

Microsoft unveils Office 2010

Press Trust of India

The National Stock Exchange's wholly-owned subsidiary NSE.IT today said it has launched two software products, which help brokers in algorithmic trading, in partnership with First Future Software.

NSE.IT launches two new software tools

Tata Teleservices (TTSL) today said Trai should have taken into consideration those telcos waiting for start-up spectrum rather than giving preference to those needing additional radiowaves thus overlooking its status as a dual technology licence holder.

Tata Tele seeks spectrum level-playing field

Wipro Infotech, the IT arm of Wipro, today said it has bagged three projects from the governments of Maharashtra, West Bengal and Gujarat for setting up data centres.

Wipro bags three state data centre projects

India's XL Telecom &amp; Energy and Spain's SDEM TEGA, both in solar energy segment, have formed a joint venture to bid and execute solar power projects across the globe.

XL Telecom forms JV with Spanish solar firm

Shailesh Rao heads the India arm of a company that is synonymous with the growth of the Internet &mdash; Google. The question, however, is what the $23 billion Google can do in India. Can it make money from its popularity in a country where Internet penetration itself is 10 per cent that of TV or about one-fifth that of print? For decades to come, India will remain a mass media market. Newspapers alone reach about 340-odd million people.

Q&A: Shailesh Rao, Managing Director, Google India

Product-based technology company Megasoft Limited registered a net profit of Rs 4.17 crore the first quarter of 2010, as against Rs 12 lakh in the corresponding quarter last year on the back of good performance by its telecom division. The company, which follows a January-to-December financial year, reported revenues of Rs 39.26 crore, as against Rs 75.22 crore, a decline of 48 per cent.

Megasoft net at Rs 4.17 cr

Mistral Solutions, the Bangalore-based product realisation company in the embedded space, is understood to have been acquired by a US-based multinational which offers solutions to the global defence sector. The enterprise valuation of the deal is understood to be in the range of Rs 120 crore.

US-based firm to acquire Mistral Solutions

Social networking site, Facebook, has faced sharp criticism from the European data protection officials for putting users privacy at risk due to the changes it brought to its service, a media report said.

Facebook faces criticism on user privacy

Wipro Infotech, the India and West Asian IT Business of Wipro Ltd and a provider of IT and business transformation services, on Thursday announced that it has won three State Mission Mode projects for Data Centres from Maharashtra, West Bengal and Gujarat respectively. A company statement said Wipro is also looking to win other projects from other States.

Wipro Infotech bags order from 3 states

The government&rsquo;s 2010-11 Budget target of raising Rs 35,000 crore from the 3G spectrum allotment now looks modest, with the aggregate bid collection expected to be in excess of Rs 58,000 crore. Should telecom sector regulator Trai&rsquo;s recommendation of pricing 2G airwaves in excess of 6.2 MHz at the rates of newly-discovered 3G airwave price materialise, the government is set to mop up a further Rs 40,000 crore (approximately).

Telecom's pain, Street's gain...

As ZTE top officials try to allay government&rsquo;s security concerns.

India Inc bats for Chinese telcos

Former managing director of Vodafone Essar, Asim Ghosh, is in talks with Max India founder and chairman Analjit Singh to sell his 2.39 per cent stake in the mobile phone operator.

Asim Ghosh in talks to sell Vodafone stake

SA2 Worldsync, a German provider of integrated master data management solutions for product information in the retail industry, and city-based Infotech Enterprises will launch the country&rsquo;s first data synchronisation services through the Global Data Synchronisation Network (GDSN) in June this year. This initiative comes with the support of the Retailers Association of India.

SA2, Infotech launch global data sync network

Capgemini, the Paris-based IT services and consulting company, plans to hire more than 4,000 people for its India operations during this quarter, according to a senior official of the company.

Capgemini to hire over 4,000 by June

The acquisition of Sybase by enterprise software product company SAP will benefit the former the most, as the company which has a relatively small presence in India in terms of employees and customer base will now gain access to SAP&rsquo;s strong client base to go and sell.

Sybase to gain more than SAP in India

Software giant Microsoft today launched Office 2010, SharePoint 2010, Visio 2010 and Project 2010 for business customers in India and across the world. This latest office productivity suite comprising Word, Excel and Powerpoint, among other applications, is meant to offer unified productivity experience across the personal computer, web and mobile.

MS launches new software for offices, homes

Software major Adobe has hit back at Apple over the latter's refusal to allow its widely used Flash video product to run on smartphone iPhone and tablet computer iPad, says a media report.

Adobe strikes back at Steve Jobs in war with Apple: report

Terming the Trai recommendations on spectrum &quot;retrograde and perverse&quot;, Vodafone today asked the government to reject the report as its acceptance would sound the death knell for the telecom sector.

Vodafone terms Trai report "perverse", asks govt to reject it

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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