Aksh Optifibre, an Indian provider of optical fibre solutions, has entered into 3-year agreement with Sony Pictures Entertainment to bring Hollywood content for iControl, to provide the best possible entertainment to the viewers.

Icontrol is a television connection allowing viewers to control television programmes as per their convenience with more than 130 channels, value added services like video on demand, time-shifting, live television voting etc.

On Friday, a top official from Software services firm NIIT Technologies Ltd informed that the company is planning to bring a rise in the revenues from its travel, financial services and retail sectors from the present 80% to nearly 90%.  

Arvind Thakur, Chief Executive Officer, told that they have to push it over 90%. He referred to the revenues from three segments, but did not assign any timeframe for this.

Revenues up to 42% were accounted by Banking, financial services and insurance (BFSI), with 28% of contribution given by insurance itself.

HCL Technologies (HCL), a leading offshore IT & software development company, has made a cash offer to acquire UK-based IT firm, Axon Group Plc (Axon).

Under the condition of the offer, Axon shareowners would obtain 650 pence in cash for each Axon share, inclusive of the Interim Dividend. The offer price values the entire issued and to be issued share capital of Axon at approximately £441.1 million.

Leading Indian software company NIIT Technologies has signed a multi-million pound deal with Britain's premier airline British Airways.

Under the three year deal, NIIT will provide support and testing of critical business applications across various business areas of the British Airways.

The deal arrives at a time, when the global airline industry is going through bad phase due to high fuel costs, declining sales and a credit crunch. British Airways is also looking at ways and means to reduce costs.

Educomp Solutions Ltd, a globally diversified education solutions provider, has signed an agreement with the Department of State Education Research & Training
(DSERT), Government of Karnataka for implementation of Computer Aided Education (CAE) in 1571 schools in the state.

The order is valued at Rs 109 crore and has to be executed over five years.

Apart from this, Educomp has also signed an agreement with the Government of Chhattisgarh for imparting CAE in 52 hostels.