Deal Size

Gammon India's EPC arm may be sold for Rs 200-250 cr: Sources

A large strategic global investor is likely to buy 75 percent in Gammon India's EPC subsidiary, say sources.

PE firm Apax to buy 23% stake in Zensar Technologies

UK-based private equity firm Apax Partners is all set to acquire a 23.3 percent stake in Zensar Technologies.

Facebook acquires India's Little Eye Labs

"Today, we are very excited to announce that Facebook is acquiring our company. With this acquisition, Little Eye Labs will join forces with Facebook to take its mobile development to the next level," Little Eye Labs said on its website.

Satyam-Tech Mahindra is a marriage made in heaven: Mgmt

Krithika Saxena of CNBC-TV18 catches up with CP Gurnani, CEO, Mahindra Satyam; Sonjoy Anand, CFO, Tech Mahindra and Vineet Nayyar, chairman of Mahindra Satyam and vice chairman of Tech Mahindra for the details and the way forward for the merged entity.

Alcatel-Lucent to open bids for $1bn IT deal in 1-2 months

In what can be the largest IT outsourcing deal from the telecom space, CNBC-TV18 learns that Alcatel-Lucent is likely to open bids for an IT deal worth USD 1 billion in the next one-two months.

IT is fine, it will grow at 16-18% this year: NASSCOM

Som Mittal, president of NASSCOM joins CNBC-TV18 to talk about the IT sector and how growth outlook looks there. He is confident of seeing a double digit growth in FY13. “We maintain that the IT industry is set to grow at 16-18% this year,” he says.