Stock market analysts have maintained ‘buy’ rating on Satyam Computers stock with an intraday target of 400.

According to them, interested traders can purchase the stock above Rs 394 with a strict stop loss of Rs 390. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 404.
 

Cybernet-SlashSupport (CSS), the company providing tech support, software testing and development and remote infrastructure management (RIM) services, has opened a new IT Services facility in Chennai.

The facility is located on a leased 2-acre infrastructure at MEPZ, near Tambaram, Chennai.

CSS, which employs around 5,000 professionals, also has an offshore facility in Coimbatore. The company has two facilities in the U. S., a near shore facility in Poland and a redundancy centre in Singapore.

India's second largest IT company Infosys Technologies Ltd. has acquired UK-based SAP Consulting company Axon Group in a deal valued at Rs 3300.10 crore ( US$

The information and broadcasting (I&B) ministry has prohibited the ‘transmission or retransmission’ of new ‘Axe Dark Temptation Deodorant’ advertisement with immediate effect on all broadcasting platforms by Monday, 25 August.

The offensive new Axe deodorant ad had been found to be ‘indecent, vulgar and suggestive.’

The I&B ministry requested the Indian Broadcasting Foundation (IBF) to warn its member channels not to air any ads with indecent theme(s), which includes the new Axe advertisement also.