Hyderabad-based Tanla Solutions on Friday revealed its plan to form a 50:50 joint venture with Spanish mobile value-added services provider Zed Worldwide to develop and sell mobile content.
The company quoted in a statement that the proposed JV will also provide mobile advertising and related services to telecom operators in India.
The latest move entails an initial investment worth Rs 63 crore in the paid up capital, out of which both partners would contribute Rs 31.5 crore each.
Reliance Globalcom, the international arm of telecom service provider Reliance Communications, has secured a multi-year contract from British optical retailer Specsavers for its enterprise solution.
Under the arrangement, Reliance Globalcom will supply its enterprise solution for connecting 1,150 worldwide retail outlets of the retailer. The deal covers 10 countries across Europe, Australia and New Zealand.
However, the financial details of the deal have not been disclosed by the company.
Hyderabad-based drug maker Aurobindo Pharmaceuticals has notified that it has received US regulatory approval for Tenofovir Disoproxil Fumarate tablets, used in the treatment of HIV infections in adults.
It should be noted that Tenofovir Disoproxil Fumarate tablet, is the generic equivalent of Gilead Science Inc's Viread Tablet 300mg and falls under the anti-retroviral segment.
The company has already obtained a license from Gilead to market Tenofovir products in 95 developing and least developed countries.
Cinemax India, owners of multiplex properties, informed today that two of its promoters have pledged 41 per cent stake for an undisclosed amount.
According to official release, two of its promoters have pledged 1,14,80,000 shares representing 41 per cent stake.
Mr Rasesh Kanakia has pledged 53,17,000 shares representing 19 per cent, while Mr Himanshu B Kanakia has pledged 61,63,000 shares, or 22 per cent stake, the release added.
Dell, the well known PC maker, on Wednesday filed with a petition with the Patent and Trademark Office, under which it sought to cancel a registered trademark for the term "Netbook" by a company called Psion.
Psion is a Canadian mobile computer maker, which owns the trademark "Netbook." It also has sold a product called Netbook in the past. Late last year, Psion commenced sending some tech bloggers and Netbook makers' cease-and-desist notices, under which it asked them to stop using the term "Netbook."
On Friday, an announcement was made by Singapore Telecommunications under which it confirmed that it will commence selling the HTC Dream or Google mobile phone in Singapore from 21st February. This will make Singapore the second market in Asia to witness their launch.
Since the HTC phone comes with preloaded software such as Google Web Search, Gmail and Google Calendar, it is more commonly known as Google phone. Via this new phone, SingTel will also provide subscribers with video-on-demand content.
Hyderabad-based Tanla Solutions on Friday revealed its plan to form a 50:50 joint venture with Spanish mobile value-added services provider Zed Worldwide to develop and sell mobile content. 
Hyderabad-based drug maker Aurobindo Pharmaceuticals has notified that it has received US regulatory approval for Tenofovir Disoproxil Fumarate tablets, used in the treatment of HIV infections in adults.
Cinemax India, owners of multiplex properties, informed today that two of its promoters have pledged 41 per cent stake for an undisclosed amount. 
Dell, the well known PC maker, on Wednesday filed with a petition with the Patent and Trademark Office, under which it sought to cancel a registered trademark for the term "Netbook" by a company called Psion.
On Friday, an announcement was made by Singapore Telecommunications under which it confirmed that it will commence selling the HTC Dream or Google mobile phone in Singapore from 21st February. This will make Singapore the second market in Asia to witness their launch. 
