Indian companies M&A deals worth $2.9 Bn in February: report/Software piracy rate cut can see $3.1 Bn rise in revenues by 2011/Hiring in IT industry slows down 40-50 percent/Hackers attempts @gov.org

Daily Dose |   March 11 2008

>> TOP NEWS Indian companies M&A deals worth $2.9 Bn in February: report Private sector lender HDFC Bank's merger with Centurion Bank of Punjab has driven Indian companies merger and acquisition deal volumes to $2.9 billion in February this year. Software piracy rate cut can see $3.1 Bn rise in revenues by 2011 If India reduces use of pirated software by 10 percentage by 2011, it could see economic benefits worth $3.1 billion through expanded revenues and better productivity. Hiring in IT industry slows down 40-50 percent Hackers attempts @gov.org >> TECHNOLOGY Cisco's study predicts an increase in security spending in 2008 Cisco has announced the second and final set of findings from annual research on remote workers' impact on corporate security, revealing that three of every five IT decision makers plan to increase security spending within the next year. Airtel, Micro Technologies tie up for mobile security Micro Technologies Tuesday said it has tied up with India's leading private cellular operator Bharti Airtel to offer mobile security services to its subscribers in the national capital region and Gujarat. Eaton opens professional service center at Pune Tata AutoComp GY launches inverter batteries >> BUSINESS Subex secures 21 new deals in one year Global provider of Operating System Solutions (OSS), Subex said Tuesday that it secured 21 new North American deals during the last one year. Reliance Energy is now Reliance Infrastructure Anil Ambani-promoted Reliance Energy Monday said it had decided to change the company's name to Reliance Infrastructure. Indian Army promises transparency in defence deals Three IIMs have hiked fee by 50 percent >> VENTURE NEWS Helion Venture Partners announces closing of India fund Helion Venture Partners, an India focused venture fund, closed its second fund worth $210 million. Altierre completes $22 Mn funding round Sunit Saxena cofounded Altierre, a provider of wireless dynamic pricing solutions for retailers, today announced the completion of a $22 million Series C round led by The Galleon Group. IOC caps investment in equity MFs at $500 Mn Indian equity markets end losing streak >> OTHER NEWS Here comes India's first health mall Bringing all health-related facilities under one roof, a private-sector speciality hospital Tuesday commissioned the first-of-its-kind 'health mall' at Mohali town adjoining Chandigarh. Global firms snap up IIM-B school grads Leading global consulting firms, investment banks and marketing companies made a beeline to the Indian Institute of Management-Bangalore (IIM-B) to hire the entire outgoing batch of post-graduate management students. Indian trafficking victims take U.S. employer, recruiters to court HSBC bank opens Milpitas branch >> BLOGS Biofuel - Ahmed Baosman For Biodiesel,feedstock is not problem, right technology will lead biodisel industry. In order to sustain biodiesel industry, the technology is very important which has the..... MAGAZINE Cover Story The global mobile telephony market has grown at a rapid pace in the last few years. Kirusa, with its patented Voice SMS software is already making waves in this booming market across various geographies.. Guest Contributor The time is ripe for Indian product firms By Syed Ali The author is President & CEO, Cavium Networks. Featured Mentors Atul Kumar AVP at Genpact USA Aseem Prakash global business architect Video spotlight How much value do certifications add to a skill set of an experienced techie? SiliconIndia Books The Indian CEO The Indian CEO uses the framework developed by David McClelland of Harvard University, to determine key competencies necessary ....... Buy Now Envisioning An Empowered Nation: Technology For Societal Transformation A P J Abdul Kalam: India has a rich heritage and a talented workforce, and is emerging as a knowledge society. Buy Now

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