As part of its efforts to take the benefits of information technology to Tier-II and Tier-III cities, the Andhra Pradesh government has given its green signal to about 15 tech companies to set up shop in the state, which will lead to creation of 12,000 direct jobs over the next two to three years, according to IT&amp;C principal secretary Ajay Mishra.

15 more IT firms to set up shop in Andhra

Business Standard

A critical battle has been won for the telecommunications industry as the defence ministry has agreed to release 45 mega hertz (MHz) of spectrum, the radio frequency on which mobile phone signals travel.

Defence signs deal to free 45 MHz of spectrum

As corporates gear up to pare costs, some companies stand to benefit. Cartridge World, the world's largest retailer of printer cartridge refilling service, has seen the share of corporate clients in its net business double to nearly 40-50 per cent from 20 per cent around nine months back. &quot;Cost conscious corporates that are looking at bringing down overheads are now switching to re-filled printer and toner cartridges that offer a 40-70 per cent cost saving,&quot; said Neveen Rakhecha, chief operating officer(South Asia), Cartridge World.

Catridge World gains amid corporate cost cutting

The ongoing slowdown in the IT sector has failed to create a dent on software exports from the Chandigarh capital region (comprising Chandigarh, Panchkula and Mohali).

Software exports from Chandigarh up

The country&rsquo;s top IT firm, Tata Consultancy Services: (TCS), has enhanced total pay packages of its top management personnel and board members by over Rs 1 crore and in the process, giving a better hike to its incoming chief executive officer (CEO) than his predecessor.

TCS fattens its pay packages by over Rs 1 cr

Press Trust of India

Plans to increase headcount in the US, mainly in the banking and finance vertical.

Wipro ups ante on consulting

The US-based handset maker Motorola today said it was closing its music application store &mdash; Motomusic &mdash; in India.

Motorola to close down Motomusic stores

More and more people are using professional social networking websites to upgrade their job profiles and climb the ladder of success.

Update your status, update your job

Like it or not, you need more than free security tools to keep yourself virus-free at home.

Practice safe clicks

Web policing is not a new phenomenon in Indian offices, but employees are beginning to wonder why instant messengers like Google&rsquo;s Gtalk or social networking sites are such a taboo when they can be used for client meetings and discussions.

Beware... big &#39;boss&#39; is watching

From distributing Coca Cola bottles to developing software for banks like Standard Chartered, Anand Shrivastav has tried out a handful of careers. And yet, this Harvard University graduate left all perks of being a salaried employee, when he started Suvidha &mdash; a micro-payment venture for the unbanked masses. The company, born in 2002, has been handling transactions over Rs 1,200 crore annually by providing cash management services to leading multinational and Indian banks.

Beaming with success

Telecom major Tata Teleservices Ltd today said it has selected Ceragon Networks for supporting expansion of its GSM mobile network in seven new circles.

Tata Teleservices selects Ceragon for deploying GSM network

The global IT spend is expected to decline by 4.7 per cent this year with companies worldwide revising the amount incurred on it amid the ongoing economic slump, Gartner survey said.

Worldwide IT budgets to decline 4.7% this yr: Gartner

State-owned BSNL's plans of rolling out WiMAX services in Gujarat, Maharashtra and Andhra Pradesh through its tie-up with Soma Networks is on schedule, the telecom operator affirmed. Recently, some media reports had stated that tenders for these three states had been cancelled alongwith other states.

BSNL to go ahead with WiMAX roll-out in Guj, Maha, AP

India&rsquo;s second-largest IT services firm, Infosys Technologies, has set up a separate unit within its business process outsourcing arm (Infosys BPO) to concentrate solely on the domestic BPO market.

Infy sets up domestic BPO operation

In what could be one of the largest outsourcing deals in the Indian telecom space, Reliance Communications (RCom) is close to awarding a $500-600 million (Rs 2,500-3,000 crore) operations and maintenance contract to Foprench telecom infrastructure provider Alactel-Lucent.

RCom, Alcatel-Lucent close to Rs 3,000-crore outsourcing deal

Deepak Chaurasia (name changed) is watching the latest Hindi movie beamed by his cable operator. Glued to the local cable channel at home, he&rsquo;s an unwitting partner in crime. Though he doesn&rsquo;t know it, the movie has been routed from a pay television (TV) channel without authorisation from the original broadcaster.

Satellite piracy sends strong signals to India

&nbsp;Aegis, the business process outsourcing (BPO) arm of Essar group, has set up an independent subsidiary called Aegis Tech, to mark its foray into the infrastructure management space. The company plans to invest $100 million (around Rs 480 crore) in this venture over the next 12 months.

Aegis sets up subsidiary

The Foreign Investment Promotion Board (FIPB) has deferred the decision of allowing Norwegian telecom firm Telenor to hike stake in its Indian telecom joint venture Unitech Wireless up to 74 per cent as the Ministry of Home Affairs has asked for more time to examine the deal.

FIPB defers decision on Telenor stake

Telecom major Reliance Communications (RCom) has bagged a Rs 125 crore Wide Area Network (WAN) contract from global consultancy major Mott MacDonald.

RCom bags Rs 125-cr order

To pay off its debt to telecom operator Tata Teleservices (TTSL), SREI Group-promoted Quippo Telecom Infrastructure Ltd (QTIL) will sell more stake to Oman Investment Fund, the investment arm of the Sultanate of Oman, and to IDFC Private Equity Fund for over Rs 600 crore.

Oman Fund, IDFC to take more stake in Quippo Telecom

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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