3 companies to go private in a week

In a span of just one week, three companies -- Binani Cement, Nirma and Sparsh BPO Services -- have announced plans to delist from the bourses, but analysts said that no common trend was visible as......

HDFC, Barclays to sell Intelenet stake

HDFC and Barclays Bank on Monday announced they will exit their joint venture Intelenet Global Services by selling stakes to SKR BPO Services, co-owned by Blackstone GVP Capital and Intelenet......

DIPP clears Bharti, Tata Tele proposals

The Department of Industrial Policy and Promotion, or DIPP, has given three clearances under press notes 2 and 4, issued in February this year, which changed the way indirect foreign equity is......

Intelenet to hire 7000 this fiscal

Leading business process outsourcing services provider Intelenet Global Services has said it plans to expand its footprint overseas and hire around 7,000 personnel in FY '11. "The IT sector is......