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SAI INFOSYSTEM
NCLT directs I-T dept to release Sai Info landThe liquidator had argued that by not removing the encumbrance from the property, the respondents (state tax department) are obstructing th...
NCLT directs tax dept to vacate the line on Sai InfoSystem’s land parcelParag Sheth, the liquidator of Sai InfoSystem, had approached the National Company Law Tribunal (NCLT) with the argument that the departmen...
Bank fraud: ED attaches over Rs 56 cr assets of Ahmedabad companyAn Ahmedabad-based company's assets worth over Rs 56 crore have been attached in connection with a bank fraud and money laundering case, th...
Bank fraud: ED arrests Ahmedabad firm CMD with Interpol's helpSunil Surendrakumar Kakkad, the chief managing director of Sai Infosystem (I) Ltd, was arrested under the Prevention of Money Laundering Ac...
More banks hiring financial detectives to trace personal assets of defaultersWhere previously banks would just throw up their hands and write off the loan, they are now hiring financial detectives to look for money t...
PSU banks get aggressive on loan recovery, begin forcing management changesAccording to sources close to the development, SBI Chairman Arundhati Bhattacharya has been personally involved in some of these meetings.
Sree Metaliks promoters may lose control over loan defaultSree Metaliks, a maker of sponge iron in Odisha, could well be the second company where promoters may end up relinquishing management contr...
Raghuram Rajan's fight against loan defaulters faces first test; SBI-led consortium moves to take control of Sai InfoSystemA key element of RBI governor Raghuram Rajan’s plan to cleanse Indian banking system of bad loans is likely to be tested shortly as lenders...
BBNL to invite bids from GPON suppliers for broadband penetration projectBBNL will "strictly" stick to India's preferential market access (PMA) policy for buying security-sensitive electronics equipment.
DoT may keep Alphion Corp out of national broadband ventureThe Telecom Engineering Centre (TEC), the technical wing of DoT, has dismissed Alphion India’s claim of being a “domestic manufacturer”.
Local electronics units pin big hopes on National Optic Fibre Network, project to bring broadband to 2.5 lakh villagesIt is one of the most expensive and ambitious projects in India's technology history connecting 2,50,000 gram panchayats with a fibre optic...
- Government shuts out top global network vendors from Rs 21,000 crore fibre optic venture
Ericsson, Nokia Siemens Networks, Alcatel-Lucent, Huawei and ZTE are missing from the DoT certified list of vendors eligible to supply GPON,
Hybrid devices that serve as both laptop and tablet set to storm domestic shoresAnalysts and industry experts say that come 2013, 100-odd models from the likes of Asus, Acer, Lenovo and HP are expected to hit the domest...
On Obama's return, Gujarat IT firms diversify operations in USIndian IT firms increased their investment by ten times in US-based centres creating 175,000 jobs in the US, which was once facing high une...
- BSNL seeks revival of landline, PCO through broadband, expansion
Bharat Sanchar Nigam Limited is eyeing revival of its landline service and dormant public telephony infrastructure by offering video callin...
- Tech firms keen to develop ICT infrastructure in GIFT
The overall concept, master plan, high design of ICT services including data centres has been developed by British Telecom.
- BSNL with ICTs provider Sai Infosystem launches voice and video telephony over IP in India
BSNL along with ICTs provider Sai Infosystem on Monday launched their voice and video telephony over internet protocol to its customers.
- SIS aiming to be a $1 billion company by 2015
Targeting to be a USD 1 billion company by 2015, IT communication and technology solution provider Sai InfoSystem (India) today said it wil...
- IT cos help share PC power with novel solutions
The sizes of computers are shrinking, technological innovations have ensured that devices meant for multiple users would not only help in s...
- BCCL picks up 5% in Sai InfoSystem
BCCL has inked an agreement to pick up around 5% stake in Ahmedabad-based Sai InfoSystem (India).