As always Reliance has made its mark. A record breaking 5,00,000 subscribers were roped in by Big TV DTH, a part of Reliance Communication in the first two months of its launch.

UK-based Creativity Software has informed that it has signed a partnership deal with Universal Software Corporation to supply the market in India with its location based solutions.

Actis Technologies Pvt. Ltd has informed that the company has entered into partnership deal with NEC India Pvt. Ltd, for world class industrial LCD monitors.

Satyam Computer Services Ltd has reported a net profit of Rs 580.9 crore for Q2. It is 42 per cent more than the previous financial result of the company.

The revenue of the company increased to Rs 2819.29 crore despite global financial crisis and considerable depreciation of rupee in the current quarter.

However, its BPO operations are still suffering losses. It suffered a loss of Rs 20 crore in the present fiscal.

To strengthen its footprint in the Indian market, telecom gear manufacturer Nokia Siemens Networks has made announcement about the opening of its new Indian facility at Oragadam near Chennai, to make and distribute mobile communications equipment.

The company said that it will invest $70 million over the next 3 years in the facility and to generate 400 new jobs.