Bharti Airtel, India's top integrated telecom services provider, has been awarded 'Best Content Service' for the Airtel IFFCO Farmer Information Dissemination platform and 'Best Project Management' for the Gujarat E-GRAM project at the World Communication Awards held at London.

The Airtel-IFFCO Farmer Information Dissemination Platform project was granted the best content service for its originality and being capable of providing rural clients granular information about their livelihood conditions.

The second largest exporter of IT services in India, Infosys Technologies has decided to stop the hiring process, following slump in demand due to the international financial crisis. It would employ more cost cutting measures to reduce expenses. Earlier, the software services giant had decided to recruit 25,000 people for its various projects.
 

Aurobindo Pharma, a leading drug manufacturer, has announced that it has got tentative sanction from the US Food and Drug Administration (USFDA) for PerindopriL Erbumine tablets.

The approval has been granted for 2 mg, 4 mg and 8 mg dosage of drug.

According to the sources, PerindopriL Erbumine tablets are indicated for the treatment of high blood pressure.  
 
The sources further revealed that the conglomerate has also received tentative approval for Escitalopram Oxalat Oral solution 5 mg base/5 ml.  

Ongoing global financial crisis has forced Tata Consultancy Services Ltd (TCS) to revise its capital expenditure plans for the current financial year. The chief Executive Officer and Managing Director of TCS, Mr S. Ramadorai said that the company may delay some projects following the international crisis. He said that the financial crisis would impact all companies in the world, irrespective of geographical boundaries. The company is employing various cost cutting measures to improve efficacy and productivity. He ruled out any retrenchment drive by the company in the near future.

The Bombay High Court has rejected the writ petition filed by the telecom giant Vodafone, regarding the capital gains tax, against income tax department. The company has challenged the show cause notice by the IT department, for about $1.7 billion capital gain tax in the High Court.  

The division bench of Justices S Radhakrishnan and Anand Nirgude has also extended the stay on the show cause notice and given a time of eight weeks to Vodafone to file appeal in the apex court. The company may approach the Supreme Court against the income tax department in the next week.