Technology Sector

Mold Tek inks pact for acquisition of RMM Global

Mold Tek inks pact for acquisition of RMM GlobalMold Tek Technologies Ltd, a leader in Engineering and Packaging services, has entered into a 'Asset Purchase Agreements' for acquisition of Assets and Business of RMM Global, Ohio, UAS and its associate Company TechNet Engineering Services Pvt. Ltd., Mumbai for a total Sales consideration of US$700,000.

It may be noted that RMM Global and TechNet are well established in providing Structural Steel Detailing Services for last 8 years for their Clients in USA.

Tata Communications to pump $430 million; Stock neglects move, dips 2%

Tata Communications to pump $430 million; Stock neglects move, dips 2% India's Tata Communications, a leading provider of a communication infrastructure, has revealed its USD 430 million strategic investment plan for Asia Pacific (APAC) region.

The investments include developing the Tata Communications Exchange, a new world-class Internet Data Center (IDC), and the completion of the main segment of its TGN-Intra Asia Cable System.

It may be noted that, these investments are key part of the company's $2 billion expansion plan over three years to enhance its global infrastructure.

TCS Intraday Buy Call

TCS Intraday Buy CallThis is an intraday call for the day traders who want to make sound profit in today’s trading session.

According to the analysts, TCS can be purchased with the stop loss of Rs 524 to achieve the intraday target of Rs 535. If the stock remains positive then the stock may be purchased for the next intraday target of Rs 547.

Shares of the company, on Tuesday (Feb 10), closed at Rs 524 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 639929. The share price has seen a 52-week high of Rs 1054 and a low of Rs 418 on BSE. The current P/E ratio is 10.92 and EPS is 48 per share.

Tata Consultancy signs strategic alliance with Nasdaq-listed CISCO

Tata Consultancy signs strategic alliance with Nasdaq-listed CISCO

Edserv Softsystems IPO stands alone in tough times; subscribed 1.30 times

Edserv Softsystems IPO stands alone in tough times; subscribed 1.30 times The initial public offer (IPO) of Chennai-based Edserv Softsystems of Rs 20 crore managed to sail through even while the Rs 44-crore IPO of Gemini Engi-Fab has been pulled off last week due to lack of investor confidence.

According to data revealed by National Stock Exchange, the IPO of EdServ Softsystems has received 51,49,000 bids as against issue size of 39,73,908 shares and got subscribed 1.30 times.

The price band for the issue was fixed between Rs 55 and Rs 60.

Yash Raj production will soon enter animation film world with their first animation film

Yash Raj production will soon enter animation film world with their first animation filmMore and more filmmakers are putting their money in animation films. Good animation film fascinates both children and adults. Animation films like Hanuman and Lord Krishna fascinated everyone.

Yash Raj production house is all set to make its first animation feature film. The new animation film, directed by Jugal Hansraj will have voices of Saif Ali Khan and Kareena Kapoor. More and more bollywood actors are giving voice-overs for animated characters.

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