Coolpad Communications, an Indian JV with China Wireless Technologies Ltd is investing Rs 400 crore in India to set up a a research and development (R&amp;D) centre for its CDMA mobile phone handsets. The location is yet to be finalised but is likely to be either New Delhi or Mumbai, according to company sources.

Coolpad to invest Rs 400 cr in India

Business Standard

Bharti Airtel, the market leader in the Orissa telecom space, has maintained its dominant position and reached a subscriber base of around 42 lakh.

Airtel reaches subscriber base of 42 lakh

With tournaments like the Indian Premium League (IPL) making cricket a cash cow, local game development companies are trying to make the most of the momentum.

Gaming firms getting good bounce from cricket

Philips Innovation Campus (PIC), a division of Philips Electronics India Limited that caters to the company's global software requirement, is developing next generation technologies targeting the healthcare sector in India. Ever since its established in India (Bangalore) in 1996, the centre had been in the forefront of technology innovation for the products Philips sells in the global market.

Philips' software division to develop healthcare solutions

This is Aegis&rsquo; 10th US centre; aims to grow aggressively there.

Aegis buys Sallie Mae's call centre in Texas

Gautum Thapar&rsquo;s Avantha Group on Wednesday announced that it had acquired US (Florida)-based Pyramid Healthcare Solutions in a deal that values it at $20 million (Rs 92.54 crore).

Avantha acquires US healthcare BPO firm

Start talks to borrow for up to 1 year for payment of 3G fee.

Telecom firms to raise funds at over 10.5%

State-run telecom majors Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) are willing to pay over Rs 10,000 crore and Rs 6,524 crore, respectively, to the government for the 3G spectrum, after the auction came to an end today.

BSNL, MTNL to match winning bid

Indian information technology (IT) and business process outsourcing (BPO) sectors may get almost $10 billion from Germany, Switzerland and Austria by 2020, up from the $2.6 billion they earn from this region across the IT, BPO and engineering services space, against the addressable market size of more than $53 billion.

IT-BPO revenues from Germany, Switzerland, Austria may grow to $10 bn by 2020

Indian IT industry lobby group Nasscom is shying away from using terms such as &quot;offshoring&quot; and &quot;outsourcing&quot; in view of its apparent &quot;negative connotations&quot; in some mature markets such as the US.

Outsourcing a bad word in Nasscom's vocabulary

Press Trust of India

California-based device software optimisation (DSO) provider Wind River Systems, which became a wholly-owned subsidiary of Intel Corporation in July 2009, is planning to set up a research and development (R&amp;D) centre in India to focus on innovation to its product line.

Wind River mulls R&D centre in India

Tata Docomo, the GSM brand of Tata Teleservices, has announced the launch of a new offer on its GPRS (General Packet Radio Service) plan for its pre-paid customers in the Orissa circle. The all new GPRS pack is priced at a nominal cost bundled with high data usage. The GPRS package offers five different tariff plans ranging from Rs 5 to Rs 95 to suit varied needs of the customers.

Tata Docomo launches new offer on GPRS plan

With the third generation (3G) game over, for now, telecom operators are staring at the possibility of having to pay Rs 1,03,000 crore to the government when their 2G airwave licences come up for renewal, beginning 2014. Eleven telcos, whose licences will expire between 2014 and 2021, will have to pay this 13-figure sum if the government accepts the telecom regulator's proposal of pricing second generation radio airwaves on the basis of prices determined at the just-concluded auction of third

2G licence renewal may cost telecom firms Rs 1 lakh cr

High payments may be justified if many more users come in and spend more, argue analysts.

Hopes and much guesswork on 3G payment returns

While the 3G bid prices were labelled aggressive as they climbed new heights each day, the bid results also show telecom companies maintained a conservative stance by bidding selectively. Industry experts have mixed reactions on the results: While some are happy that no company has spent around Rs 16,750 crore for a pan-India licence, some lament that lack of coverage will result in long-term competitive disadvantage.

Good, bad and clever: 3G bidding strategies

Companies that have domain knowledge in the business process outsourcing (BPO) sector have started appearing on the radar of private equity (PE) players.

Knowledge process outsourcing sector attracts PE

The Indian IT industry, thrived by utilising its offshore (read in India) capabilities to get a cost advantage and make over $50 billion just by exports. But neither are IT services companies in India nor their clients keen on using the word 'offshoring' given the politics associated with the word in the world market, according to software body Nasscom.

'Offshoring' has lost meaning, says Nasscom

Computer maker Dell Inc today reported a 52 per cent jump in net income at $441 million for the three-month period ending April 30, boosted by strong demand across consumers and enterprise segments, along with higher sales in India and Brazil.

BRIC countries fuel Dell&#39;s growth

Wipro sees no impact of Greek crisis

Indian industries should increasingly adopt sustainable practices to safeguard ecological balance, which in turn will give greater dividends to companies in future. Companies, which have adopted substantial green practices now, could well become future leaders in this space, said Azim Premji, chairman of Wipro.

Going green to give greater dividends: Premji

Infosys, according to a media report abroad, is eyeing UK-based information technology services provider Logica.

Infy eyes UK's Logica for 2.9 bn pound: report

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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