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Information Technology

Fiscal Year:

Dutch firm inks services pact with Maheshwari Electronics

Bengaluru: The Netherlands-based Exset B V and Maheshwari Electronics and Cable TV Pvt Ltd (Maheshwari Electronics) have partnered to tap digitisation sevices across South India....

July 17, 2013

Massachusetts Institute of Technology buys into Shriram City Union Finance

Chennai: Massachusetts Institute of Technology (MIT) has picked up nearly 600,000 shares of non-banking finance company (NBFC) Shriram City Union Finance for around Rs 59 crore (US$ 9.91 million)....

July 10, 2013

Global Technology companies see India as a promising market

Global technology companies are quite optimistic on the Indian market and are waiting for approvals to set up their businesses in India. "We are entering Asia for the first time and plan to launch a s...

June 28, 2013

Technology firms look to seize opportunity in expanding education sector

Mumbai: Indian technology companies are increasingly eyeing the education sector, seeing in it a rare promising market created because of liberal government spending. "India is spending 2.5 lakh crore...

June 28, 2013

Online ad market at Rs 2,940 cr by 2014: Report

The online advertising market in India is projected to reach Rs 2,938 crore (US$ 535.69 million) by March 2014, according to the findings of Digital Advertising in India report by the Internet and Mob...

April 05, 2013

Nexus Venture Partners, Avalon Ventures invest $4.5 million in Indix

Data analytics venture Indix has raised US$ 4.5 million from venture capital firms Nexus Venture Partners and Avalon Ventures. Proceeds from the current round of funding will be used towards accelerat...

April 05, 2013

Giant leap for hiring: Facebook, Amazon lease space in Bangalore, Hyderabad

Bengaluru: Some of the world's biggest technology companies such as Facebook, Amazon, Xerox and chipmaker AMD have booked acres of office space in Bengaluru and Hyderabad, a strong indication that inv...

July 27, 2012

All panchayats to have fibre optic connectivity in three years

Hyderabad: All gram panchayats in India will be linked with optical fibre connectivity in the next two to three years, and will entail an investment of Rs 20,000 crore (US$ 3.52 billion). "This proces...

June 21, 2012
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