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Tata to develop US$ 745.89 million IT SEZ in Chennai Tata Realty and Infrastructure Ltd (TRIL) has announced an agreement with Tamil Nadu Industrial Development Corporation (TIDCO) to jointly develop an IT special economic zone (SEZ) at a cost of Rs 30 billion (nearly $750 million). Located...

The country's largest software firm Tata Consultancy Services and the Netherlands-based Nielsen Company on Thursday entered into an agreement for outsourcing a portion of Nielsen's IT and operations functions. It is a 10-year agreement valued at US$1.2 billion, TCS said. TCS will assume...

'Indian mobile services market to exceed US$ 25 billion' Cellular services segment in India; the world's fastest growing wireless market, is expected to more than double to 25 billion dollar by 2011, global consultancy and research firm Gartner has said. Total earnings of cellular services...

Mumbai: Hindustan Copper, BF Utilities, Unitech, Century Textiles, Kirloskar Brothers, Aban Lloyd Chiles, Balrampur Chini and Biocon have joined the US$ 1 billion market cap club, taking the US$ 1 billion membership to 112. Three weeks back, on March 27, when Sensex closed at over 11,000...

New Delhi: Foreign Direct Investment (FDI) inflow into India during April-December 2005 was US$ 3.69 billion, an increase of 45 per cent over the US$ 2.55 billion inflow in April-December 2004. This represents only the equity component of FDI. With the inclusion of reinvested earnings and other...

Enthused by a near 19 per cent growth, the Economic Survey on Monday predicted that India's exports could increase by 50 per cent to US$ 150 billion in next three years provided government pushed reforms and took measures to improve infrastructure facilities. Identifying infrastructure as the...