VSNL subsidiary to hit Nasdaq too?
Videsh Sanchar Nigam Ltd (VSNL) may list its Internet and related value-added services subsidiary, VSNL Seamless Services Ltd (VSSL) on the stock markets abroad once it complets the transfer of business responsibilities to it.

Metamor Global to become PSI Net arm
Delhi-based Metamor Global Solutions (MGS) is set to turn into a wholly-owned subsidiary of Washington-based $1 billion PSI Net, following the merger of Metamor's parent company, Metamor Worldwide, with PSI Net.

It power
A few days ago, the world's most powerful man paid his respects to the Indian IT industry at Hyderabad. To be sure, the industry's success is its greatest endorsement, but the high-profile visit will do its bit towards boosting Indian IT's brand equity.

Powerbroking -- BSES Telecom launches B2C initiative
BSES Telecom Ltd, the wholly-owned subsidiary of the power major BSES Ltd, is launching its business-to-consumer (B2C) portal - powersurfer.net.

Laying the foundations of propertymartindia.com
Housing finance major Housing Development Finance Corporation (HDFC) and the Mahindra & Mahindra group on Monday launched a real estate portal—propertymartindia.com.

Subex stock option to cover 90% staff
Bangalore-based telecom software company Subex Systems will soon offer its employees a second round of employee stock options, covering 90% of the staff as aginst 15% covered in the first round.


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