India Business

Sun TV Subsidiary acquires 48.9% stake in Red FM

RED FMSun TV arm, South Asia FM (SAFL) has signed up a strategic partnership agreement with Red FM.

Sensex Gains Over 200 Pts In Early Trade

Stock MarketMumbai: The benchmark Sensex climbed up after gaining more than 200 points on the BSE in early trade on growth of funds buying, actuated by tautening worldwide trend.

In first five minutes of trading, the BSE-share index rise dramatically by 207.77 points at 15, 200.81 on brisk buying by funds in blue chip shares.

Likewise, the wide-base National Stock Exchange’s Nifty also gained 51.05 points to touch 4410.35.

TRAI Suggests Changes in Licensing Program

Telecom Regulatory Authority of IndiaNew Delhi: Telecom Regulatory Authority of India (TRAI) has made a few suggestions in its recommendations on licensing program reforms released.

GMR Group Undergoes Organizational Re-Alignment

Bangalore: GM Rao GroupSpeedy development in various key segments has coerced the Rs 30,000-crore infr

Firstsource pays $330 Mln for MedAssist

Firstsource Solutions Ltd.Mumbai: Back-office Company Firstsource Solutions Ltd has adopted U.S.-based MedAssist, a leading provider of revenue cycle management in the healthcare industry for $330 million.

There would be no alteration in the organization of MedAssist and all 1,400 employees would carry on their existing duties, Firstsource said..

SAP has Big Plans for India

SAPGlobal IT solutions major, SAP stated that it had doubled up its Indian customer base from 1,000 in August 2006 to 2,000 now. The growth assumes signification as it took up the company nine years in India to touch the 1,000-customer mark, and only twelve months to twice it.

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