Hyderabad based Mold-Tek Technologies Limited has informed that it will acquire 100% stake in two engineering Knowledge Process Outsourcing (KPO) companies namely US-based RMM Global LLC and its associate company technet Engineering Services, Thane.

However, the company did not disclose the value of the deal.

Both the companies are involved in providing structural engineering KPO services to high rise buildings in USA with annual revenues pegged at $ 2 million.

Software exporter HCL Technologies L

SAP and Wipro have jointly launched a ready-to-use ERP solution for mid-market Indian companies.

The solution package includes SAP Business All-in-One integrated with Wipro NetBlade, Modular Servers based on Intel Multi-Flex technology, complete with implementation services and lifecycle support services together with operating system SUSE Linux Enterprise from Novell, which would deliver short time-to-deployment of end-to-end business processes. The solution will offer low total cost of ownership (TCO) to mid-sized companies in the manufacturing, service and trade industries.

Reliance Big TV has launched its Direct-to-Home (DTH) services on Tuesday.

Reliance Big TV is a wholly owned subsidiary of Reliance Communications, which has now entered in the home entertainment field.

The service would be available on the latest MPEG4 Direct-to-Home (DTH) platform with high picture quality.

Available in 6,500 towns, the DTH service will initially broadcast over 200 channels with digital quality picture and sound.

India's top cigarette firm, ITC Limited has informed that its US-based wholly-owned arm ITC Infotech has acquired US-based Pyxis Solutions.

The Telecom Regulatory Authority of India has paved a way for cheap call rate in the country.

TRAI has permitted internet service providers (ISPs) to offer unrestricted internet telephony in India. The government is thinking over the recommendations of TRAI to provide cheap call tariffs to the consumers.

The long distance call tariffs are expected to come down around 50 paise a minute following the decision of the government. The price of international calls is also expected to come down by half of the original tariffs.