PCCW
Indian IT vendor sentenced by Singapore for endangering govt files
Janarthanan Tamil Kovan, an Indian national, was sentenced to 28 weeks' jail for endangering document safety. He allowed remote access to a government laptop containing sensitive information while attempting an examination. The file contained credentials and keys that could lead to unauthorized access to court systems. Authorities noted that his actions posed a significant risk of systemic attacks.
Former Infosys executive BG Srinivas joins PDS limited as independent, non-executive director
In his previous roles, Srinivas has been an Executive Director and Group Managing Director of PCCW (a Hong Kong-based IT company) and the President and Whole-time Director of Infosys Limited. He was also the Chairman and Executive Director of Infosys Australia.
Lenovo buys $614 million stake in PCCW digital units for IT services growth
Lenovo, the world's largest maker of personal computers, said in a statement that it will buy an 80% stake in Digital Era Enterprises and a 20% stake in PCCW Network Services, a holding company for a unit that provides technology solutions to government entities in Hong Kong.
Asian video streaming service Viu tunes out of India
“It was sudden,” said one of the executives. “We were told that in the current scheme of things, India requires heavy investments, to the tune of hundreds of millions, which the company doesn’t have. Arun also said that we would rather invest in other Asian countries where we are among top 5, rather than in India, where we are at 13-14th place.”
HCL Infosystems Q2 loss widens to Rs 40 crore
Revenue from operations declined by over 40 per cent to Rs 581.77 crore.
VuClip ropes in ex-Star India executive as director – research & programming
In his new role, the executive director will be responsible for designing content filters specific to each market VuClip caters to.
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We are always going to be a technology-driven media company: Nickhil Jakatdar, VuClip
"I would say north of a hundred million dollars. At the end of the day, if you want to live up to a global ambition, and add more markets, that will require money."
This 'Video on Demand' company wants to go desi!
It is this kind of insight the PCCW Media is betting big on, as it seeks to create a differentiated space for itself in a market dominated by the likes of Amazon and Netflix, in India and globally.
Hexaware Technologies rallies on stake sale reports
Shares of Hexaware Technologies are down over 13 per cent since April and are trading below their 200-DMA placed at Rs 238.50, but above their 50-days EMA placed at Rs 224.59.
Netflix appoints new head for business development in Asia Pacific
Zameczkowski will be based in Singapore and reports to US-based Bill Holmes, global head of business development at Netflix.
Tata Communications in pact with Hong Kong-based company
"This partnership creates new access routes for enterprise customers making video a daily business tool, boosting the pace of business."
Subex rallies nearly 5% on reports of buyout by global tech firms
According to multiple sources in the know, the Hong Kong-based telecom-media-IT solutions conglomerate PCCW and Portugal's WeDo Technologies have approached Subex.
Global IT companies PCCW, WeDo eye Subex buyout
Subex, which has gone through a meteoric rise followed by a fall under its founder and former chairman Subash Menon, has once again caught the fancy of global tech majors for a buyout.
Smaller IT companies gain from Infosys’s talent exodus
The quality of the exodus has been so high that it is said to have deterred many in other companies who were vying for these positions.
Turmoil within Infosys as it faces fresh round of exits
Two other executives who are in advanced level talks include the head of one of the fastest-growing verticals and a business head based out of India.
Narayana Murthy's presence deters potential CEOs
Murthy’s over-arching influence has the potential to inhibit executives who may otherwise believe that heading Infosys is an attractive proposition.
Essel Group & Shyam Telecom put communications JV co on the block
The promoters of Essel Shyam Communication Limited – a joint venture between the Essel Group and Shyam Telecom -- are exploring strategic options.
Hong Kong tycoon drops $2B bid for PCCW
A Hong Kong tycoon abandoned his controversial $2 billion plan to take over the city's biggest telecom company on Thursday after a court blocked the deal, handing regulators and minority shareholders a high-profile victory.
HK appeals court throws out Li Ka-shing scion’s PCCW bid
Hong Kong billionaire Richard Li’s $2.1 billion acquisition of PCCW Ltd was blocked by the city’s court of appeal after the regulator claimed investors’ votes on the takeover were manipulated.
BSNL to get into managed services
Telecom monolith Bharat Sanchar Nigam (BSNL) is finetuning its business strategy to become an information and communication technology (ICT) services provider.
Nimbus ties up with HK mobile Cos for Barclays Premier League
Nimbus Sports on Wednesday said it has tied up with Hong Kong's leading mobile operators for providing mobile clips of the Barclays Premier League football matches for next three seasons up to 2010.
Bharti, PCCW Global tie up for IP infrastructure
In line with its plans to be a major player in the enterprise segment, Bharti Airtel on Thursday entered into a partnership with PCCW Global Limited, a leading information and communications technologies firm in Asia, to link their IP infrastructure networks with each other.
Bharti Airtel ties up with PCCW
Bharti Airtel on Thursday said it has tied up with Hong Kong-based PCCW Global Ltd for offering international connectivity to its customers.
MTNL loses out in Saudi fixed-line licence race
MTNL has lost the bid for Saudi Arabia's fixed line license, which has been awarded to consortia led by Bahrain Telecom Co, Hong Kong's PCCW and America's Verizon Communications.
MTNL’s fixed-line call to Saudi Arabia rejected
MTNL’s Arabian dream is truly over. The company, which lost the race for bagging Saudi Arabia’s third mobile licence in March, has now failed to get the country’s fixed line license as well.
Rising debt likely to force Hutch to exit local ventures
Buying and selling businesses is not alien to the Hong Kong-based conglomerate Hutchison Whampoa, headed by billionaire Li Ka-shing.
Buy, sell, make profit is the Hutch way
With a history of sell outs, Hutchison may sell its most lucrative telecom business in emerging markets.
F-Secure ties up with VSNL for security solutions
F-Secure has tied up with Videsh Sanchar Nigam (VSNL) to offer security solutions for the small and medium enterprises segment.
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