Mobile Reviews

With the market abuzz with the possibility of Citigroup’s plans to sell the 43 per cent stake in the Polaris Software, it seems like othe IT majors are getting ready for buying stake in the Chennai-based financial software firm.
NDTV has learnt from sources that IBM could be a clear frontrunner along with Wipro. The negotiations […]

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India’s largest IT company Tata Consultancy Services (TCS) has emerged the lowest bidder for the country’s largest e-governance contract, to computerise Employee State Insurance Corporation (ESIC) and provide smart cards to around 1.5 crore industrial workers across the country.
According to a government official, TCS bid Rs 1,677 crore ($320 million) for the contract, beating its […]

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In a bonanza to officers of Central Public Sector Undertakings, the government on Thursday announced a hefty 50 to 300 per cent increase in pay-packages with effect from January 1, 2007.

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NEW DELHI: Prices in India may come down due to lower demand but will fall further if the government cuts taxes and banks lowers interest rates,
a top industry lobby said Thursday, two days after Finance Minister P. Chidambaram asked India Inc to cut prices and not production.

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MUMBAI: Amid a pall of gloom in the market, merger and acquisition deals during September and October months have also suffered. There were 61 M&A deals during September and October months valued at $5.82 billion as against 76 deals in 2006 and 122 deals in 2007 for the corresponding period. However, the deal values have […]

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LONDON: Oil prices sank under 50 dollars a barrel in London on Thursday, reaching the lowest levels for three and a half years, as the market was plagued by weak energy demand.

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Though top IT companies such as Infosys, TCS and Wipro posted a mere 2-5% growth in dollar revenues in the July-September quarter, roads 
could get rougher ahead in the October-December quarter (3QFY09). Sharp cross currency movements may force tech biggies to report slower $-denominated revenue, which are already under pressure due to financial clients.
Average depreciation of […]

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Air travel may soon cost less as agents are planning to withdraw transaction fee of Rs 350-500 on each domestic and Rs 1,200-10,000 on  international ticket, after facing protests from the passengers. 
The Travel Agents Association of India (TAAI) has called an emergency meeting of its over 2,000 members on Thursday to chalk out the future […]

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NEW YORK: Tata Consultancy Services along with five other Indian firms has been named among the top 100 global entities offering IT solutions for the financial services industry worldwide.

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UMBAI: Ben Verwaayen, the new CEO of troubled Alcatel Lucent, plans to bring changes in the firm’s strategy next month. “The recent changes in the organisational and reporting structure will give employees the ability to function more independently,” Mr Verwaayen told ET in an interview, preferring the analogy of a football team to the term […]

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