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.

Stock market analyst Hitendra Vasudeo of stockmechanics.com has maintained ‘buy’ rating on Tata Consultancy Services (TCS) stock with an intraday target of 885.

According to Mr. Vasudeo, interested traders can purchase the stock above Rs 852 with a strict stop loss of Rs 837. If the stock market remains on positive track, the next target will be above Rs 895.

Shares of the company, on Monday (Aug 14), closed at Rs 841.80 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 173723. Current EPS & P/E ratio stood at 47.40 and 17.76 respectively. The share price has seen a 52-week high of Rs 1151 and a low of Rs 719.10 on BSE.

Stock market analyst Hitendra Vasudeo of stockmechanics.com has maintained ‘buy’ rating on Satyam Computers stock with an intraday target of 446.

According to Mr. Vasudeo, interested traders can purchase the stock above Rs 426 with a strict stop loss of Rs 414. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 451.