International Business Opportunities

The unnamed PE firm has funds worth around .5 billion under its management. Latest Pics of Ramalinga Raju | Funnier side of Satyam saga! | Fall of Satyam

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Intel Corp accused Advanced Micro Devices Inc of breaching the terms of a cross-licensing agreement between the two rival chip makers, a charge that AMD denied on Monday.
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The stupendous rise in Edserv Softsystems share price on listing, and the equally dramatic fall next day onwards have caught the market regulator’s attention.
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Satyam facing attrition with 3,500 employees having quit firm in last month.
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Infy is targeting company with a revenue of about 0-500 mn. The co is also looking at smaller acquisitions in the range of 0-200 million.
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Around 46 customers of Satyam Computer Services have moved their outsourcing contracts to rival tech firms such as TCS, Wipro, IBM and Accenture
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L&T is learnt to be in discussions with a clutch of private equity (PE) players, including Blackstone, Carlyle, Goldman Sachs, KKR and Temasek, for a joint bid in Satyam Computer Services.
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The outsourcing means 700 Kaiser employees will lose their jobs, though some might be eligible to work for IBM, the company said. Cities that are IT hubs

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The Technopark here has opened an entrepreneurship development cell and an extension centre of the Technopark Business Incubation Centre at the Garden City College, Bangalore.
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Wipro Ltd sees a revival in the demand for outsourcing services in the second half of this year as global firms look to cut costs.
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