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Bharti Airtel Q3 net up marginally at Rs 2,209 cr
Telecom service provider Bharti Airtel today reported a low net profit growth of 2.3 per cent at Rs 2,209.80 crore for the quarter ending December 31, 2009, weighed down heavily by low tariff and severe competition.

Controversial sugarcane law gets Parliament nod
Parliament today passed a bill that introduces new sugarcane price regime, after government allayed concerns of Opposition that the states will not be required to pay the difference between the Central and the State Advised Price to farmers.

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IDBI Bank yet to begin Rs 13,000 cr syndication for RPower
IDBI Bank, which has been mandated to raise Rs 13,000 crore syndicated loan for Reliance Power"s Krishnapatanam Ultra Mega Power Project (UMPP) has put the process on hold.
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Mahindra Satyam to explore New Zealand market with Gen-i

IT outsourcing company, Satyam Computer Services Limited (rebranded Mahindra Satyam), has entered into a strategic alliance with Australasia’s information and communications technologies (ICT) provider Gen-I for migration services of Microsoft’s Windows 7, which was launched on October 22. - Indian IT firms shrug aside EU tax concern - Mahindra Satyam joins Symbian Foundation - L&T"s Satyam share sale pulls down scrip - L&T sells 2.32% in Satyam for Rs 306 cr - Domestic BPO mkt to touch $6.82 bn by 2013: IDC - India Eco Summit: "IT will post double-digit growth next yr" “We have been providing Windows 7 migration services to our internal customers across all the geographies. This strategic alliance with the local partner Gen-i will allow us to explore opportunities in the New Zealand market more efficiently,” a Satyam spokesperson told Business Standard. “Today’s agreement with Gen-I leverages both the companies’ expertise to enable customers to realise and improve user experience with greater reliability and lower total cost of ownership. We believe this is where we can make a real difference and add value to our customers,” Mahindra Satyam chief executive officer CP Gurnani stated in a press release today. Mahindra Satyam’s Windows 7 migration approach includes tools for automated testing, automated remediation and packaging for Vista, Windows 7 and App-V that aids enterprises to automate 90 to 95 per cent of its remediation requirements. This will help reduce the compatibility testing and remediation costs of up to 40 to 50 per cent.


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