Infotech to buy European aerospace firm for $20 mn

Infotech Enterprises Limited, which provides engineering and geographic information services, is in advanced stages of acquiring an aerospace services company in Europe for a consideration of......

Infotech eyes buys in aerospace sector

Infotech Enterprises Limited, a Hyderabad-based provider of engineering design, geospatial information and IT services, is planning to close 'two good-sized acquisitions' in the aerospace domain in......

Budget 2013: IT industry seeks MAT cut to 5%

The IT and IT-enabled services industry in Hyderabad has sought the reduction in minimum alternate tax to 5 per cent in the Budget 2013-14 for all IT companies operating in SEZs.The Finance......

Sensex down 66 points at 10,787

After opening 34 points higher at 10,887, the Sensex exhibited some volatility in early trades but fresh buying in late morning deals saw the index rally to a high of 10,988.The index, however,......