VARINDIA
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ZTE secures USD900 Million Syndicated Loan
ZTE Corporation has entered into an agreement for a USD900 million three / five years syndicated term loan with 10 leading international banks th…
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VARINDIA
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TCS, Infosys, Wipro to report strong quarterly revenue
Information technology spending this year will grow faster than previously forecast, according to the research firm Gartner, which bodes well for…
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Top-tier IT Companies raise their Revenue Growth
The revenues of top-tier IT companies, excluding Wipro, are expected to grow at a strong 20% in dollar terms in the first quarter of the current…
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Micromax and Nazara ink pact for Mobile sGames
Nazara Technologies has entered into partnership with Micromax to embed games from publishers like Electronic Arts on the mobile handset maker's…
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Capgemini strengthens its BPO footprint in India with its new Gurgaon Facility
Capgemini has inaugurated its new Business Process Outsourcing (BPO) centre in Gurgaon. Spread across an area of 35,000 sq. ft., the new BPO faci…
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MTS to invest Rs.100 Crore in Karnataka
MTS plans to invest over Rs.100 crore for expansion of its business in Karnataka in FY'11. The Chief Operating Officer for Karnataka and Andhra P…
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Facebook set for $1 Billion in Social-Gaming Revenue
Facebook Inc is to generate $1 billion in revenue this year from social gaming. Most of the revenue is said to come from advertising. The $1-bill…
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EDP to ERP: A paradigm shift
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Lava to invest Rs.100 Crore in R&D this year
Lava plans to invest about Rs.100 crore this year to ramp up its R&D capabilities as it eyes a bigger share of the burgeoning Indian handset mark…
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KKR and TPG Back Off Bid for Nokia Unit
The withdrawal of KKR and TPG came as Nokia's chief executive, moved to counter a growing groundswell of opinion. US private equity groups KKR an…
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Citigroup Sells Buy-Out Portfolio to Axa
The US bank has agreed to sell 18 direct stakes in companies and a package of 207 investments. Citigroup has sold a $1.7bn private equity portfol…
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Sequoia Capital Invests $25M In Data Analytics Firm Mu Sigma
Chicago-based data analytics firm Mu Sigma has raised $25 million in Series C financing of $25 million from Sequoia Capital. Mu Sigma, which has…
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