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Telsima Sold For $12M; Investors' $80M Flushed Out

TMT

04 March, 2009

Telsima Sold For $12M; Investors' $80M Flushed Out

A company that had raised about $70-80 million in venture capital has been sold for a song. The US and ......

ICT Group Rejects Offer From Aegis

TMT

04 March, 2009

ICT Group Rejects Offer From Aegis

* ICT rejects Aegis offer* Board says deal not be in best interest of co* Shares down 23 percent (Adds ......

Satyam Sale: The Key Actors

TMT

03 March, 2009

Satyam Sale: The Key Actors

With the sale process of Satyam Computer Services expected to begin shortly, prospective bidders and institutional investors have ramped up ......

Aegis Offers To Buy Nasdaq-listed BPO Firm ICT Group

TMT

03 March, 2009

Aegis Offers To Buy Nasdaq-listed BPO Firm ICT Group

Aegis, the business process outsourcing (BPO) arm of the Essar Group, has offered to buy out the Nasdaq-listed BPO firm ......

India Value Fund Backed ACT TV Invests Rs 450 Cr For IPTV Launch

TMT

27 February, 2009

India Value Fund Backed ACT TV Invests Rs 450 Cr For IPTV Launch

India Value Fund backed Atria Convergence Technologies, a Bangalore-based multi system operator (MSO) has launched its interactive TV services (IPTV) services ......

PE Funds In Race For 32% Promoter Stakes In Multi Screen Media

TMT

27 February, 2009

PE Funds In Race For 32% Promoter Stakes In Multi Screen Media

General Atlantic, Standard Chartered Private Equity and UK-based Ashmore Investments are in the race to scoop up close to one third ......

Satyam Sees Decision On Investor In 6 to 8 Weeks

TMT

25 February, 2009

Satyam Sees Decision On Investor In 6 to 8 Weeks

Satyam Computer Services is likely to find a strategic investor in about two months, the outsourcing firm hit by India's ......

Satyam May Invite Bid Proposals By Weekend - Chairman

TMT

24 February, 2009

Satyam May Invite Bid Proposals By Weekend - Chairman

The board of fraud-hit Satyam Computer Services Ltd hopes to seek expression of interest from potential bidders by the end ......

IPL Loser Deccan Chargers Actually Turned In Profits

TMT

24 February, 2009

IPL Loser Deccan Chargers Actually Turned In Profits

Last year's Indian Premier League underdog was not exactly an underdog as far as the financials are concerned. Deccan Chargers Sporting Ventures, the ......

Nalanda Capital Picks Up 2.4% Stake In Aztecsoft

TMT

20 February, 2009

Nalanda Capital Picks Up 2.4% Stake In Aztecsoft

Singapore-based Nalanda Capital has picked up a 2.36% stake in outsourcing product  development firm Aztecsoft Ltd on Thursday. Nalanda India ......

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