Tata Consultancy Services (TCS), on Wednesday, September 17 announced that it has signed a five year global contract with Ericsson the world-leading supplier in telecommunications, to deliver application maintenance and development services for Ericsson`s internal IT operations.

Google will launch the first mobile phone running its Android software in a joint initiative with T-mobile in the coming week

Polaris Software Lab. announced the launch of the new version of its portal solution intellect `Unified Portal` for corporate banking customers.

Wipro, Copal Partners bid for Lehman`s Indian back office

3i is in discussions to pick up a 4-4.5% equity stake in Adani Power for Rs 18 billion,

ICICI Bank said it might need to make an additional provision of USD 28 million on its exposure to bonds issued by investment bank Lehman Brothers, which has filed for bankruptcy in the US