Helion Venture Partners, a $140-million India-focused, stage independent venture fund, will announce today (Wednesday) its decision to invest in Chennai-based Anantara Solutions Private Limited, ‘a new generation outsourcing firm’. In Chennai, to announce the investment, Mr Sanjeev Aggarwal and Mr Ashish Gupta, Managing Directors of Helion, told Business Line that Anantara’s business model and its […]

Global computer major DELL on Thursday signed a memorandum of understanding (MoU) with the Tamil Nadu government to set up its manufacturing plant in the special economic zone near Sriperumbudur. The unit would come up on 50 acres in the SEZ, at an investment of Rs 280 crore and is expected to attract major component […]

eBay owned VoIP service provider Skype has launched the Skype 2.6 for Mac. This software has been going beta testing since quite some time. The company said that the final release is now available as a free download from their website. What is Skype? Skype is a Voice Over IP (VOIP) technology powered communication software […]

US based internet company Yahoo has announced that they have now launched their mobile search application Yahoo OneSearch in the Indian market. The company claims that this new search service redefines the way people would search the web using their mobile devices. Yahoo adds that the service has been designed to provide users exactly what […]

Search engine giant Google has added an Experimental search feature on their Google Labs website. This section would feature some of the experiments Google is conduction with their search services to make them more useful for the end user. Currently the Experimental search features four different searching options. These are: Timeline and map views: See […]

Indian telecom service provider Reliance Communications has announced their latest Reliance global call card worth Rs. 1900. These cards would enable the user to make ISD calls to both USA and Canada at an economical cost of Rs. 1.99 per minute. Anil Dhirubhai Ambani group company’s President (Personal Business) S P Shukla spoke about this […]

The global IT services and outsourcing industry is set to undergo a significant paradigm shift with the formation of a radical and innovative company — Anantara Solutions Private Limited. This new company is a pioneer of Second Generation Outsourcing that combines business consulting services and IT services to deliver unprecedented, measurable business value. Anantara Solutions […]

The country’s largest bank, State Bank of India is looking at floating a holding company in line with the proposal by private bank ICICI Bank, the second-largest player after SBI. This was indicated by the SBI chairman, OP Bhatt speaking to analysts on Saturday evening. Responding to a query from an analyst, SBI chief said, […]

The red and yellow letters boldly proclaiming Sun TV on the premises of DMK headquarters at Anna Arivalayam are missing. The posters of Tamil Nadu chief minister M Karunanidhi’s 50 years in Tamil politics obliterated them. So what brought about this denouement? Apparently, this was because of the threats issued by Kalanidhi Maran and Dayanidhi […]

India, worried that outsourcing of jobs could become an issue in the US presidential elections, is taking steps to ensure there is no repeat of 2004 when failed Democrat candidate John Kerry raised the bogey. “We have asked our diplomats and lobbyists to impress on potential presidential candidates to not make outsourcing a major issue,” […]

Sun TV Network’s market capitalisation dropped by Rs 936.54 crore in the last five trading sessions on BSE, reflecting investors’ concerns about the impact of recent political developments on the leading entertainment company. Sun TV’s market cap was above Rs 11,124.57 crore last Wednesday, and dropped to about Rs 10,188.02 crore on Tuesday. Sun TV’s […]

In an attempt to appease the powerful Nadar community in Tamil Nadu, particularly in the wake of actor Sarath Kumar’s decision to float a political party, the DMK has picked 31-year-old Radhika Selvi, MP and widow of ‘don’ Venkatesa Pannayar, to be included in the Union Council of Ministers. An official announcement said that Selvi […]