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RCom to expand mobile TV offerings on GSM network
Reliance Communications is in advanced talks to sign a technical alliance with Apalya Technologies to offer mobile television (MobiTV) on its recently launched GSM network.

Cognizant signs R&D pact with Invensys Rail
IT, consulting and business process outsourcing services company, Cognizant Technology Solutions, on Wednesday signed an initial five-year, multi-million contract with UK-based railway control and communications systems provider Invensys Rail to serve the global product research and development (R&D) needs of its group companies located in the UK, Australia, Spain and the US.

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India may buy UK aircraft carrier
Whitehall officials examining the feasibility of such a sale.
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More support for Sun Pharma in Taro takeover battle

Glass, Lewis & Co, LLC, an independent proxy advisory firm has recommended the shareholders of Taro Pharmaceutical Industries to vote against the proposals made by Taro’s board of directors in the upcoming annual general meeting of Taro’s shareholders scheduled for December 31. Earlier, another investment advisory firm Proxy Governance, had recommended the shareholders of Taro to withheld their votes in the ensuing annual general meeting (AGM) of the company on the eve of new year.


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