Date : 16th May, 2008
1. Tech Mahindra has won a deal of worth $ 700 million from British Telecom.
2. Tech Mahindra is India’s 6th largest exporter of IT solutions.
3. This is the third major contract which the company has bagged from BT.
4. The two other contracts from BT includes: $ 1 billion deal and $ 350 million contract.
5. BT is Tech M’s biggest client accounting fro 60% of its business.
6. Other clients include AT&T, Alcatel-Lucent and Motorola.
7. The company has also entered into Mobile Virtual Network Operator (MVNO) business by partnering with FRiENDi mobile.
8. The MVNO business will be in the North Africa and Middle East region.
9. Europe contributes 70% of Tech M’s business while US accounts for 20%.
10. The software and services exports from Software Technology Park of India (SPTI) are estimated to be Rs187, 478 crore during 2007-08.
11. In the year 2006-07 the export were worth Rs 1.41 lakh crore.
12. There are 9718 units registered in STPI.
13. About 95% of software exports from India are from STPI.
14. Carl Icahn, a Yahoo investor, wants Yahoo board to reopen talks with Microsoft.
15. Microsoft had abandoned the plan of purchasing Yahoo as Yahoo wanted $ 37 per share while Microsoft was willing to offer $ 33 per share.
16. Reliance Industries is not talk with three major foreign oil companies Devon Energy, AARCO and Santos to bid for oil and gas block in India.
17. Santos is an Australian company while AARCO and Devon Energy is a US based company.
18. Bharti Telesoft is planning to acquire companies to expand its base in Latin America and Eastern Europe.
19. Bharti Enterprises, Cisco Systems and Sequoia Capital are the promoters of Bharti Telesoft.
20. India would require USD 320 billion (2005-06 price levels) for the development of infrastructure in coming five years.
21. USD 320 billion will be distributed among different sectors in the following way:
· Power: USD 130 billion
· Railways: USD 66 billion
· Highways: USD 49 billion
· Ports: USD 11 billion
· Civil Aviation: USD 9 billion
· Remaining sectors: USD 55 billion
22. The government of India wants private companies to be a part of infrastructure development.
23. Landmark Group, a real estate developer, will be investing Rs 4000 crore for the development of about 12 properties in the northern region of India.
24. Ferrari will be unveiling its new car California in Paris.
25. Nissan is planning to introduce an entry level car in India by 2010; it will be its solo initiative.
Website: http://www.ebiz16c.blogspot.com
1. Tech Mahindra has won a deal of worth $ 700 million from British Telecom.
2. Tech Mahindra is India’s 6th largest exporter of IT solutions.
3. This is the third major contract which the company has bagged from BT.
4. The two other contracts from BT includes: $ 1 billion deal and $ 350 million contract.
5. BT is Tech M’s biggest client accounting fro 60% of its business.
6. Other clients include AT&T, Alcatel-Lucent and Motorola.
7. The company has also entered into Mobile Virtual Network Operator (MVNO) business by partnering with FRiENDi mobile.
8. The MVNO business will be in the North Africa and Middle East region.
9. Europe contributes 70% of Tech M’s business while US accounts for 20%.
10. The software and services exports from Software Technology Park of India (SPTI) are estimated to be Rs187, 478 crore during 2007-08.
11. In the year 2006-07 the export were worth Rs 1.41 lakh crore.
12. There are 9718 units registered in STPI.
13. About 95% of software exports from India are from STPI.
14. Carl Icahn, a Yahoo investor, wants Yahoo board to reopen talks with Microsoft.
15. Microsoft had abandoned the plan of purchasing Yahoo as Yahoo wanted $ 37 per share while Microsoft was willing to offer $ 33 per share.
16. Reliance Industries is not talk with three major foreign oil companies Devon Energy, AARCO and Santos to bid for oil and gas block in India.
17. Santos is an Australian company while AARCO and Devon Energy is a US based company.
18. Bharti Telesoft is planning to acquire companies to expand its base in Latin America and Eastern Europe.
19. Bharti Enterprises, Cisco Systems and Sequoia Capital are the promoters of Bharti Telesoft.
20. India would require USD 320 billion (2005-06 price levels) for the development of infrastructure in coming five years.
21. USD 320 billion will be distributed among different sectors in the following way:
· Power: USD 130 billion
· Railways: USD 66 billion
· Highways: USD 49 billion
· Ports: USD 11 billion
· Civil Aviation: USD 9 billion
· Remaining sectors: USD 55 billion
22. The government of India wants private companies to be a part of infrastructure development.
23. Landmark Group, a real estate developer, will be investing Rs 4000 crore for the development of about 12 properties in the northern region of India.
24. Ferrari will be unveiling its new car California in Paris.
25. Nissan is planning to introduce an entry level car in India by 2010; it will be its solo initiative.
Website: http://www.ebiz16c.blogspot.com
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