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Tata Comm’s deal to sell Neotel lapses

Mumbai, March 1 (IANS) Tata Communications said on Tuesday that its plans to sell majority stake in its Neotel to Vodacom, the South African subsidiary of Vodafone, has lapsed due to regulatory complexities in concluding…









CII backs holding of DefExpo 2016 in Goa

Panaji, March 1 (IANS) Hosting the four-day Defence Expo would benefit Goa by helping it pitch itself to the international investment community, Confederation of Indian industry (CII) said on Tuesday. The CII also criticised a…












Piramal Enterprises acquires US firm for $24.5 mn

Mumbai, March 1 (IANS) Piramal Enterprises on Tuesday said it has acquired US-based healthcare software firm Adaptive Software for $24.5 million. “Piramal Enterprises’ step-down wholly owned subsidiary in the USA, Decision Resources Group today announced…