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Today's News
July 29, 2010


DoT amends telecom licence rules
New Delhi: According to the amendments to the telecom licence agreement by the Directorate of Telecommunications (DoT)—the unified access service license (UASL)—the equipment providers have to give access to their hardware and software for examination at the time of procurement of equipment.


Personal computer sales rose to 18 per cent in 2009-10
New Delhi: India's personal computer (PC) sales including desktop computers and notebooks rose to18 per cent to touch 8,030,000 units in 2009-10.


Myanmar invites Indian investments
New Delhi: Than Shwe, Senior General, Chairman, State Peace and Development Council has assured that current investment proposals by private Indian companies would be actively facilitated in order to encourage them to enter the industrial sectors in Myanmar.


Lambda Therapeutic Research acquires North American CRO
Ahmedabad: Lambda Therapeutic Research Ltd, a contract research organisation (CRO), has successfully acquired the US-based veteran CRO, Biovail Corporation. The deal was structured as an asset purchase agreement (APA) wherein Lambda will now have an independent business unit in Canada.


Bradford forms joint venture with Franchise India
New Delhi: US-based Bradford Licensing, LLC has entered into a joint venture (JV) with Franchise India HoldingsLtd to form Bradford License India (BLI). The JV will focus on comprehensive licensing programmes including design, development and management of the acquired licensing property.


NSE, London Stock Exchange sign pact for cross-listing
Mumbai: The National Stock Exchange (NSE) of India has signed a letter of intent with the London Stock Exchange (LSE) to explore cross-listing of its products.


BAE, Rolls-Royce ink India Hawk jet deal
Bengaluru: BAE Systems and Rolls-Royce Group have received separate contracts worth £700 million (US$ 1.1 billion) to supply 57 Hawk advanced jet trainer (AJT) aircraft and their engines to India.
 
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