NTT DoCoMo, Tata Teleservices Limited (TTSL) and Tata Sons Limited, the prime promoter for Tata companies including TTSL, have announced their agreement on a strategic alliance in India, under which DoCoMo will acquire 26% of TTSL for US$2.7 billion
Reiko Uchida, 13 November 2008
Telenor is paying over $1bn dollars to buy a majority stake in Indian mobile operator Unitech Wireless in spite of reservations from some of its shareholders. This puts Nordic region's largest telecom operator in competition with Vodafone in the growing Indian marketplace.
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Reiko Uchida, 01 November 2008
The meltdown in global financial markets is likely to have a significsnt impact on Indian Technology Service companies, who have built big outsourcing businesses based on process expertise and cost arbitrage. If they are to succeed in the future,Indian Tech service companies need to re-invent...
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Arun Muthirulan, 02 October 2008
Intel is to launch the first microprocessor for the mass market developed almost exclusively at its Indian design centre in Bangalore, which marks an important milestone for the research and development of computer hardware in India.
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Simon Fox, 16 September 2008
Virgin Radio is re-branding as Absolute radio, in the biggest change so far by its new owner Times of India since it bought the station for £53m from SMG in June 2008. The re-branding follows a decision by Times of India not to continue licensing the Virgin brand, which reverts to its owner...
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Sarita Jones, 03 September 2008