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B'lore airport extends contract with Nortel
Bangalore International Airport Limited (BIAL) has extended its end-to-end managed services contract with Nortel for three years. Nortel will manage BIAL’s entire IT infrastructure, which includes data and wireless network systems and will oversee network security. This network will be managed remotely through Nortel’s Network Operations Center (NOC) in India, which will continue to ensure the high level of reliability and dependability the airport requires.

UCO to get Rs 750 crore from govt this month
State-owned UCO Bank expects to receive Rs 750 crore from the government this month to shore up capital, Chairman and Managing Director SK Goel, said on Tuesday.

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Bollywood fans in the US can now watch free films
Anil Ambani-promoted BigFlix and Hulu have teamed up to offer this free service and make money through online advertisements
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NEWSALERT: Sloane Robinson raises its stake in Indiabulls to 5.08%

Foreign fund house Sloane Robinson LLP has raised its stake to 5.08 per cent in Indiabulls Financial Services through an open market transaction for an undisclosed amount. - Lazard gets govt nod for India private equity fund - Reliance MF open to acquisitions if opportunity comes: CEO Fund house purchased 10.77 lakh shares representing 0.42 per cent stake in the company on 23rd June. Prior to the said purchase Sloane Robinson LLP held 4.65 per cent stake in the company. Details awaited


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