Hi-tech trade with India to grow regardless of n-deal: US /Global companies' IT spend may rise marginally /India's growth pegged at 8.7 percent, amid concerns/India plans to launch satellite to study sun

Daily Dose |   February 28 2008

>> TOP NEWS Hi-tech trade with India to grow regardless of n-deal: US The U.S. on Thursday said despite its restrictive export regime, high technology trade with India will continue to grow regardless of the fate of the nuclear deal. Global companies' IT spend may rise marginally Indications on global companies' IT spending suggest that growth in offshore or outsourcing budgets may be either flat or marginally up. India's growth pegged at 8.7 percent, amid concerns India plans to launch satellite to study sun >> TECHNOLOGY FXLabs launches PC game AGNI FXLabs, a game company in India, has launched its first PC adventure game AGNI. Infosys to provide IT solution to U.S. diesel engine maker Indian IT major Infosys Technologies will provide IT solutions to the U.S. based diesel engine maker Cummins. iGATE names Phaneesh Murthy as CEO Microsoft enters virtualization via Windows server >> BUSINESS NIIT Technologies acquires German based SofTec GmbH NIIT Technologies, a global IT solutions organization, has announced that it has acquired German based SofTec GmbH. Nitin Paranjape new head of Hindustan Unilever Hindustan Unilever (HUL) announced Thursday that it has appointed Nitin Paranjape as the company's new managing director and chief executive officer. NTPC to borrow $100 Mn from European bank Indian shipbuilder delivers vessel to UAE firm >> VENTURE NEWS DE Shaw invests $250 Mn in HDIL unit Mauritius based hedge fund DE Shaw has made an equity investment of $250 million (Rs 1,000 crore) in Mack Star Marketing, a unit of Mumbai-based Housing Development & Infrastructure (HDIL). Bharat Forge to raise $75 Mn The board of directors of Bharat Forge, the flagship company of the Kalyani group, Wednesday approved a preferential issue of convertible warrants to its promoters to raise $75 Mn. Godrej inks two palm oil JVs with foreign companies SEBI to simplify MFs` new fund offer documents >> OTHER NEWS EU slaps biggest ever fine on Microsoft Microsoft was on Wednesday hit by an 899 million euro ($1.34 billion) fine from the European Commission for refusing to comply with its long-standing request. India's largest consumer mobile expo opens on Friday The capital is gearing up for India's largest consumer exhibition on mobile phones and accessories - Mobile Asia 2008 - to be held at Pragati Maidan on February 29. Bentley's brush with Indian art to promote brand Special machines at airports to check passports >> BLOGS Natural Resources Sensitve Conduct - M. Prabhakar Rao With the ever depleting natural resources, be it water, fresh-air, fossil fuels, we - as humanity - are overdue in bringing ourselves under a Natural Resource Sensitive Conduct.... MAGAZINE Cover Story Arasan Chip Systems, a builder of IP solutions and related services competes with established names in numerous vertical markets and comes up trumps. Guest Contributor A richer future for India? By Vivek Ranadive The author is Chairman & CEO, TIBCO Software Featured Mentors Suresh Heilmann Selfemployed: marketing, communication,innovation AGNEL PEREIRA Operations Director Video spotlight Rewards and Recogniton SiliconIndia Books The Romance of Tata Steel R M Lala: The Romance of Tata Steel is a moving and fascinating account that draws upon extensive archival material and rare photographs to paint...Buy Now Romancing with Life: An Autobiography Dev Anand: Dev Anand is something of a Bollywood institution. His romantic persona, dialogue delivery..... Buy Now

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