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Last updated on May 21, 2013 at 19:28 EDT

Latest Economy of India Stories

2013-03-11 12:28:30

Sets up New Business Process Outsourcing Delivery Center in San Jose, Costa Rica SAN JOSÉ, Costa Rica, March 11, 2013 /PRNewswire/ -- Infosys announced today that it has expanded its presence in Latin America with a new delivery center for its business process outsourcing subsidiary, Infosys BPO [http://www.infosysbpo.com/pages/index.aspx ], in San Jose, Costa Rica. The center's 100+ employees initially will provide key services in the strategic sourcing and procurement...

2013-03-07 08:27:50

Offers Innovative solutions for Remote Fetal Monitoring and Cardiac Care BANGALORE, India, March 7, 2013 /PRNewswire/ -- Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT), today announced the launch of the Wipro AssureHealth platform in partnership with Microsoft. This is primarily targeted at healthcare providers [http://www.wipro.com/industries/healthcare-segments/healthcare-provider.aspx ] to deliver...

2013-03-05 08:39:54

Annual spend to reach $37 million per company by 2015 MUMBAI, India, March 5, 2013 /PRNewswire/ -- Energy, telecommunications and airline firms are taking the lead in spending to engage consumers through their mobile devices, according to The New Digital Mobile Consumer global trend report. Commissioned by Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) the leading IT services, consulting and business solutions firm, the research reveals that average expenditure within...

2013-03-04 08:36:54

Consolidates position as "Big Four" IT Services brand MUMBAI, India and LONDON, March 4, 2013 /PRNewswire/ -- Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting, and business solutions organization announced today that it has added US$ 1,179 million in brand value over 2012, growing by 28.9% annually to reach the US$ 5 billion brand value mark. It also retained its position among the "Big 4" most valuable IT services brand worldwide - in...

2013-02-27 08:33:00

BARCELONA, Spain, February 27, 2013 /PRNewswire/ -- Wipro to Provide M2M Services Powered by the Axeda Machine Cloud Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) and Axeda Corporation, the leading provider of cloud-based service and software for managing connected products and delivering machine-to-machine (M2M) applications, today announced a strategic alliance. Together,...

2013-02-22 08:20:11

BANGALORE, February 22, 2013 /PRNewswire/ -- Tata Elxsi announced that it has licensed its DLNA software suite to Pioneer Corporation, a leading manufacturer of Home and Automotive Consumer Entertainment products. Tata Elxsi is a global design company that delivers solutions and services for the connected world. It provides a comprehensive DLNA software suite that supports all conventional DLNA profiles and has been integrated into various consumer electronic device...

2013-02-21 12:30:32

NEW DELHI, February 21, 2013 /PRNewswire/ -- Info Edge, which runs the recruitment site Naukri.com has announced a further investment of INR 55 Crore (~$10M) in the shares of restaurant guide service, Zomato. Prior to this round Info Edge had invested INR 31 Crore in Zomato over three rounds. As per the BSE filing, the fresh investment has been made through ordinary shares of Zomato Media Pvt. Ltd. (Logo: http://photos.prnewswire.com/prnh/20130221/595397 )...

2013-02-21 08:38:39

BARCELONA, Spain, February 21, 2013 /PRNewswire/ -- LTE eNB and UE software customized for TV White Space, Defence, Public Safety and Utility markets Tata Elxsi, a leading design and solutions provider for broadband wireless and part of the $100 billion Tata group, today announced the availability of LTE eNB and UE solutions, including LTE Layer 2/3 and Layer1 software optimized for industry-leading silicon platforms. This is available as a ready reference solution on...

2013-02-20 12:23:07

ATLANTA, Feb. 20, 2013 /PRNewswire/ -- Novelis Inc. Chief Financial Officer, Steve Fisher, will present at the J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami on Monday, February 25, 2013 at 9:00 a.m. ET. Mr. Fisher will give an overview of Novelis, discuss the Company's strategy and future growth prospects as well as provide some financial highlights pertaining to its third quarter of fiscal 2013 results. The presentation will be webcast live at...

2013-02-20 12:20:22

BANGALORE, India, February 20, 2013 /PRNewswire/ -- Mahindra Reva Electric Vehicles Pvt. Ltd., a part of the US $15.9 billion Mahindra Group, has been featured in the prestigious 'Fast Company' magazine listing of the Top 50 Most Innovative Companies of 2013. Mahindra Reva was ranked at number 22 for its innovative contributions to the global electric vehicle industry. The Fast Company listing features businesses that are creating the greatest impact across their industries...