1. Bharti Airtel awarded IBM a $1.5 billion contract to manage its IT operations across 16 countries in Africa for 10 years.
2. The deal will consolidate Airtel's IT operations on the continent into a single integrated system managed by IBM, which also handles Airtel's IT in India, Sri Lanka, and Bangladesh.
3. Reliance Brands set up a joint venture with Italian menswear company Ermenegildo Zegna Group to explore opportunities in India and plans to open over 10 stores across 6-7 cities by 2015.
2. IBM to handle IT for BhartiAirtel's Africa operations India’s top mobile phone firm BhartiAirtel took the initial steps to replicate its hugely successful outsourcing model in Africa by awarding a $1.5-billion contract to IBM for managing its IT requirements across 16 countries in the continent. The 10-year deal will involve IBM consolidating Airtel’s IT operations in Africa into one integrated system. The US firm also handles Bharti’s information technology requirements in India, Sri Lanka and Bangladesh under a 2004 deal, which is estimated to worth at least $3 billion.
3. Reliance Brands sets up JV with Italian luxury menswear co MukeshAmbani-led Reliance Brands on has set up a joint venture with Italy's ErmenegildoZegna Group to explore opportunities in the domestic market.planning to set up more than 10 stores across 6-7 cites by 2015, beginning with a single-brand boutique to be opened in Hyderabad in October ErmenegildoZegna Group has been present in India since 2003 Reliance Brands began operations in October 2007 with a mandate to launch and build international and domestic brand equity in the premium to luxury segment across apparel, footwear and lifestyle businesses
4. Soft opening of Games Village on Sept 16 The Organizing Committee of the Commonwealth Games 2010 Delhi today said that the soft opening of the Games Village will happen as scheduled on September 16. The state-of-the-art Village kitchen has been installed and started functioning in the Residential Zone in the Village," ."The caterer, Delaware North, has already tested the equipment. The first meals will be served on Monday, September 13."
5. IBM to handle IT for BhartiAirtel's Africa operations The 10-year deal will involve IBM consolidating Airtel’s IT operations in Africa into one integrated system. The US firm also handles Bharti’s information technology requirements in India, Sri Lanka and Bangladesh under a 2004 deal, which is estimated to worth at least $3 billion. BhartiAirtel had invited bids for the deal in April-end, suggesting it is looking for a better deal than the one offered by IBM in India.BhartiAirtel had invited bids for the deal in April-end, suggesting it is looking for a better deal than the one offered by IBM in India.
6. SC notice to Centre, Raja on CBI probe into 2G spectrum. The Supreme Court today asked the Centre and Union Telecom Minister A Raja for a response on a plea urging the court to monitor a CBI probe into alleged irregularities in the 2008 sale of 2G spectrum licences.A bench comprising Justices G S Singhvi and A K Ganguly sent notices to the Telecom Ministry and Raja and asked for replies within 10 days.The bench also issued notices to the CBI, Enforcement Directorate and Income Tax Department on the petition filed by the Centre for Public Interest Litigation (CPIL), an NGO, and others.