Texas Ventures and CODISSAI organize Global Cluster Manufacturing Vision 2020 Conference

TCS wins $2.2 billion contract with Friends Life
Diligenta, a leading business process outsourcing (BPO) provider in the UK and a subsidiary of Tata Consultancy Services (TCS)the leading IT services, consulting and business solutions firm, today announced that it will assume administration responsibility for 3.2 million policies for Friends Life, a provider of pensions, investments and insurance. The agreement, effective March 1, 2012, is worth $2.2 billion (£1.37 billion) over 15 years.

This major business win underpins Diligenta’s proven expertise in the life and pensions industry

India’s domestic car sales takes downward trajectory, dips by 24%
According to figures released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday, motorcycle sales in the country grew marginally to 8,79,883 units during the month from 8,74,146 units in the corresponding month last year.

The cumulative production data for April-October shows overall production growth of 13.69 percent over same period last year. However, production of passenger cars and buses have registered de-growth during this time. Production in October 2011 also registered de-growth at (-) 1.80 percent as compared to October 2010.

Vodafone beats analyst estimates, raises full year operating profits to £ 11.8 billion
Vodafone has raised its profit forecast from £ 11.4 billion to 11.8 billion pounds. During second quarter the organic service revenue grew by 1.3 percent. Data revenue rose by 23.8% , with smartphone penetration in Europe rising to 21.7% in Q2; 24% of consumer contract customers in Europe are on integrated voice, SMS and data tariffs.

Enterprise revenue also grew by 2.6% driven by new account wins, growth in demand for converged services and increasing penetration of existing clients. In emerging markets, India service revenue rose by 18.4%, Turkey by 27.9% and Vodacom 7.3%.

Wipro Technologies wins IT engagement with Premier Foods of UK
Wipro Technologies has been chosen by Premier Foods, the United Kingdom’s largest food producer, as a strategic technology partner. Premier Foods plc produces and markets over 40 iconic British brands. As part of the five year strategic relationship, Wipro will be supporting both systems and processes to enhance efficiency of Premier Foods’ supply chain. This relationship will enable Premier Foods to realize quantifiable benefits for a known budgetary expenditure with minimal exposure to variable costs.

Wipro’s strong partnership with SAP, global SAP consultant base, end to end implementati

Wipro named as one of the global top companies for Leaders by Aon Hewitt, The RBL Group and Fortune
​Wipro is the only Indian IT company ranked in the prestigious Aon Hewitt 'Top Companies for Leaders' global list. The 'Top Companies for Leaders' study is conducted by Aon Hewitt, a global human resource consulting firm, in partnership with The RBL Group, a strategic HR and leadership advisory firm, and FORTUNE magazine. This year's winners were selected and ranked by an expert panel of independent judges based on criteria including strength of leadership practices and culture, examples of leader development on a global scale, alignment of business and leadership strategy, business performanc

KEC International adds new orders worth Rs. 400 crore
KEC International, the EPC company, has said that it has secured new orders worth Rs. 400 crore from Saudi Electricity Company, Power Gird Corporation of India and Visa Power. Saudi order is for 380 KV double circuit overhead transmission line and is valued at Rs. 306 crore. The order is won in joint venture with Al-Sharif Group of Saudi Arabia and will be completed in 24 months.

Power Grid has placed an order for Rs. 70 crore transmission line in Salem, Tamilnadu. Visa Power has placed an order for transmission line from Raigarh plant to New Korta in Chattisgarh and is valued at Rs. 24 cro