Tuesday, March 18, 2008

'Indian students spend $13 Bn a year on education abroad'/Tech services majors go for big-bang marketing /Indian IT companies do not fear job cuts: Minister/Regulations cripple Indian Cable TV growth, says a report

SiliconIndia  
Daily Dose |
   March 18 2008
>> TOP NEWS
'Indian students spend $13 Bn a year on education abroad'
Over $13 billion is spent annually by about 450,000 Indian students on higher education abroad, said Industry body Assocham.
Tech services majors go for big-bang marketing
Indian IT services companies, who were hitherto shy of high-decibel marketing, are now talking of multi-million dollar spends to get a larger slice of the global IT outsourcing pie.
Indian IT companies do not fear job cuts: Minister
Regulations cripple Indian Cable TV growth, says a report
>> TECHNOLOGY
Frameboxx to open 3 more centers
Frameboxx, one of India's fastest growing and leading animation and visual effects training brand, is expanding its presence in the southern region.
Infotech signs deal with Tele Atlas
Global technology solutions provider Infotech Enterprises on Monday announced that it has signed a new multi-year contract with digital map leader Tele Atlas to provide extensive map database.
IBM unveils new business intelligence technology
Kale Consultants to give Finnair new processing system
>> BUSINESS
L&T to make world's biggest coal gasifier plant
Construction major Larsen & Toubro (L&T) has bagged a contract valued at 28 million euro ($44.13 million or Rs.1.70 billion) from China, to supply the world's largest and heaviest coal gasifier plant.
Tech Mahindra inks multi-million deal with British Telecom
IT service company Tech Mahindra (TML) has signed a five-year deal worth $350 million (Rs.14 billion) with the UK based British Telecom (BT) to provide application maintenance and support services.
BHEL bags Rs.20.3 Bn equipment supply contract
Signet Solar to invest Rs.20 Bn in Tamil Nadu
>> VENTURE NEWS
Cairn India raises $625 Mn via pref issue
Cairn India has raised Rs 2,534.6 crore ($625 million) through private placements of shares with Petronas and Orient Global Tamarind Fund.
Luminus Devices closes $72 Mn Venture Capital Investment
Luminus Devices, a developer and manufacturer of PhlatLight (Photonic Lattice) LED products for a wide variety of display and illumination applications, today announced the closing of a new round of financing of over $72 million.
Tata BP to raise $78 Mn for solar energy investments
Adlabs to raise funds through foreign currency bonds
>> OTHER NEWS
GM to launch second small car in India
General Motors will launch a second small car in India in the next two years. The company is looking at emerging markets to make up for sluggish sales in the U.S.
Alleged insider trading in Reliance Petroleum being probed
India's markets watchdog is probing alleged insider trading in the shares of the Gujarat based Reliance Petroleum.
Chemical hub on West Bengal island will damage environment
South Africa to lure BPO, IT majors from India
>> BLOGS
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Video spotlight
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'Shankaragamala' is a canvas of Pt. Ravi Shankar's enormous creativity. It is the celebration of the maestro's music by his disciples.The album is a masterpiece, a unique creation of a great legend

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