India&#39;s Deccan seals $1.8bn deal
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Air Deccan has ordered 30 Airbus A320 planes in a $1.8bn (Â£931m)-deal as India&#39;s first low-cost airline expands in the fast-growing domestic market.
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Australiaâs largest airline agreed to an $8.7 billion buyout offer from a consortium led by Macquarie Bank and the Texas Pacific Group.
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The company behind the Madame Tussauds and London Eye tourist attractions is bought in a Â£1bn deal.
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Intelsat, the world's largest satellite company, agreed yesterday to sell the majority of its shares to London-based BC Partners, one of Europe's largest private-equity firms, in a deal worth about $16.4 billion.
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Videsh Sanchar Nigam Limited, India&#39;s leading provider of international telecommunications and Internet services, on Monday announced that the company has agreed to acquire Tyco Global Network, one of the world&#39;s most advanced and extensive submarine
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Tata group company Videsh Sanchar Nigam and global networking major Cisco Systems Inc on Tuesday signed a Rs 500 crore (Rs 5 billion) agreement to deploy broadband metro Ethernet solution, that will offer broadband services at less than Rs 1,000 per month
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The board of Air India's charter airplane operation has approved a plan to acquire 18 Boeing airplanes in a deal that could be worth more than &#36;1 billion at list prices.
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Peoplesoft agrees a $10.3bn takeover bid from rival business software firm Oracle, after an 18-month corporate battle.
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India's top software exporter Tata Consultancy Services announced Monday it has won a multimillion dollar deal with Italian sports car maker Ferrari to design Formula 1 engines.
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A controversial steel magnate today awarded himself a Â£1.1 billion bonus after unveiling a takeover that will create the worldâs biggest steel company.
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The Singapore-based ESPN-Star television network was awarded cricket's global media rights for the next eight years for a staggering 1.1 billion dollars, the sport's leading website reported.
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New Delhi, Sep 13.(PTI): Suzuki today announced an investment of over Rs 1,000 crore to set up a diesel engine manufacturing unit in the country and said the firm has formed a joint venture with Maruti for a new car plant besides it would enter the
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Indian shares rose 1.21 percent to close at a new record high after aggressive foreign fund buying on prospects of strong economic growth and amid regional gains, dealers said.
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(InfoWorld) - India's largest outsourcer Tata Consultancy Services Ltd. has landed a US$140 million contract from India's large state-owned telecommunications services provider, Bharat Sanchar Nigam Ltd., for the deployment of next-generation networks in the country. The nine-year engagement with BSNL involves TCS setting up complex data networks across BSNL's operations in the north and west of India. The agreement also includes deploying operational support systems and business support systems components such as customer relationship management, billing, mediation, and directory inquiry, among others, TCS said Thursday. After a systems integration phase of two years, TCS will manage the operations for BSNL over the next seven years, said N. Chandrasekaran, TCS's head of global sales and operations. The Indian services market is growing, and even though billing rates on outsourcing contracts are lower than in markets in the U.S. and Europe where TCS operates, the costs are also lower, Chandrasekaran said. The contract with a large services provider like BSNL will help the company win systems integration and managed services contracts from telecommunications service providers in other markets, he added. India emerged in the first half of this year as the largest market for outsourcing services in the Asia-Pacific region, according to sourcing consultancy firm, Technology Partners International Inc. in Houston. TPI tracked contracts valued above $25 million for the survey. A number of multinational services companies like IBM Corp. and Hewlett-Packard Co. have focused on the Indian market, and won some large contracts. In the quarter ended June 30, TCS's revenue from the domestic market was only about 9 percent of total revenue but this share is expected to grow, Chandrasekaran said. The U.S. is the largest market for TCS accounting for over 51 percent of revenue, followed by the U.K. at about 21 percent. Indian outsourcers have typically focused on more lucrative markets in the U.S. and Europe instead of India, research firm Gartner Inc. said earlier this year. The growing Indian market and the appreciation of the Indian rupee against the U.S. dollar are now making domestic contracts more attractive to Indian companies.
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London - Indian-born billionaire Lakshmi Mittal has agreed to acquire the US&#39;s International Steel Group for about $4.5 billion (R27.
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European aircraft maker Airbus Industrie bagged its largest Indian order in 15 years today when it signed a contract to sell 30 180-seater A320 aircraft to low cost carrier Air Deccan.
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Nortel scores its first major wireless deal with an Indian service provider.