Latest Economy of Maharashtra Stories

MUMBAI, India, May 13, 2013 /PRNewswire/ -- Rolta India Limited ("Rolta") today announced the successful pricing of 10.75% Senior Notes (the "Notes") in the international markets, aggregating to USD 200 million by its wholly owned subsidiary, Rolta, LLC. This offering was oversubscribed by 2 times, with demand from a high quality investor base (over 70 accounts globally), split among asset managers (72%), banks (10%), and retail accounts (18%). The offering was well-subscribed across...

Tata Industries will become the lead investor in Ramot's Technology Innovation Momentum Fund TEL AVIV, Israel, April 29, 2013 /PRNewswire/ -- Ramot at Tel Aviv University Ltd. (Ramot), the University's tech transfer company, and Tata Industries, a Tata group company, have entered into a strategic Memorandum of Understanding (MoU) to fund and generate leading edge 'commercialization ready' technologies in a wide range of fields, including engineering and exact sciences,...

SIVAGANGA and MUMBAI, India, April 27, 2013 /PRNewswire/ -- - To set up a 250-seat facility - About 500 direct and 2,000 indirect jobs to be generated - This is Aegis' 21stcentre in India and 57th centre globally Aegis Limited, a global outsourcing and technology services company and part of the $27 billion conglomerate Essar, today laid the foundation stone and ground breaking ceremony for its new center in Sivaganga in Tamil Nadu. The...

LAS VEGAS, April 23, 2013 /PRNewswire/ -- CA World: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting, and business solutions organization, today announced its Intelligent Testing System (ITS) solution, designed to help customers automate the testing lifecycle. The new solution is being developed through TCS' existing partnership with CA Technologies and combines TCS' innovative process and automation tools with CA LISA® Service Virtualization...

ALPHARETTA, Ga., April 23, 2013 /PRNewswire/ -- Rolta today announced that it has been awarded the prestigious "Smart City" project for Nanjing, China, in preparation for hosting the 2014 Youth Olympics. Rolta has engaged ARES Security Corporation of Burlingame, CA to leverage their systems engineering expertise to assist in developing an integrated geospatial transportation solution for the city. The solution will collect Nanjing's transportation data from hundreds of sensors and...

- Acquisition will transform TCS into a major player in France, the third largest IT Services market in Europe MUMBAI, India and PARIS, April 9, 2013 /PRNewswire/ -- Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions firm announced today that it has signed definitive agreements for the acquisition of 100% equity shares in Alti SA, an IT services company in France, for a value of EUR 75 million in an all-cash transaction....

BANGALORE, India, April 8, 2013 /PRNewswire/ -- Tata Elxsi, a global technology and engineering services provider, announced the launch of Strategy & Technology Consulting services (S&TC) for the Media & Entertainment industry, today. The bouquet of consulting services is directed towards Multi System Operators (MSOs), Broadcasters and Original Equipment Manfacturers (OEMs) facing challenges related to growth, expansion and technology in both mature and emerging...

FLEET, England, April 4, 2013 /PRNewswire/ -- Anite's multi-technology solutions will be used in CanvasM's new U.S. laboratory Anite, a global leader in wireless device testing technology, today announced that it has been selected by CanvasM Technologies - a subsidiary of Tech Mahindra - one of world's leading test labs, to provide 2G, 3G and LTE Conformance and Interoperability test solutions in their new test...

Harnessing cultural change will harvest greater adoption, according to TCS global trend report MUMBAI, India, March 21, 2013 /PRNewswire/ -- The toughest challenges for businesses implementing Big Data initiatives is getting different business units to share information across organisational silos and determining what data to use for different business decisions according to The Emerging Big Returns from Big Data global trend report. These two cultural challenges were being...

TCS to Introduce the "NYC Half 2013 Mobile App Powered by TCS" for Runners and Spectators NEW YORK, March 13, 2013 /PRNewswire/ -- Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions organization, has been named the Official IT Consulting Company sponsor for the flagship NYC Half 2013, owned and operated by New York Road Runners (NYRR), on Sunday, March 17, 2013. This is the fourth consecutive year that TCS has sponsored major...