Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: empanelment :: VAT Audit :: cpt :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: ACCOUNTING STANDARDS :: due date for vat payment :: TDS :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
« Mergers and Acquisitions »
 Deals of the day-Mergers and acquisitions May 18, 2017,
 Forced mergers, sacking on cards as RBI gets tough with misfiring big banks
 Why India Inc is on an M&A spree, preferring inorganic growth to investing in fresh projects and capacities
 Banking consolidation 2nd wave: FinMin sees room for 3-4 more PSB mergers
 Ministry of Corporate Affairs (MCA) notifies the provisions of cross-border mergers and acquisitions
  GAVS Tech eyes to double revenue from mergers & acquisitions
 ACC, Ambuja Cements evaluating merger
 News Corp VCCircle Mergers & Acquisitions Summit 2017
 A new merger control philosophy
 IT deserves a strategic role in merger & acquisition integration
 Merger of Orient and IL&FS wind power businesses hits tax hurdle

Tech M stays away from BSNL deal
October, 16th 2009

Tech Mahindra has pulled out of an IT tender floated by Bharat Sanchar Nigam South zone, paving the way for its newly acquired partner, Mahindra Satyam, to fight it out with Infosys and Wipro.

The IT contract is estimated to be worth $300 million, according to two sources close to the development. Tech Mahindra was among those that had initially bid for the project, but it did not re-submit its quote after BSNL extended the tender by six months without giving the bidders the freedom to revise the price.

TCS and HCL Technologies were the other bidders for the project, but they have not yet signed an important undertaking, according to sources in the PSU. But they have time till Friday noon to sign up and may still qualify for the contract.

The IT contract is part of BSNLs 93-million line GSM project which was divided into four parts including network equipment, tower infrastructure and IT.

Each of these parts has been further divided into four zones. While the network equipment part has got stuck in controversy after BSNL disqualified Nokia Siemens from the bidding process, the IT part of the project is yet to be awarded. The total IT deal across all four zones is worth a billion dollars.

BSNL had invited bids for setting up operations support systems (OSS) and business support system (BSS) software. Global players including Comverse, Convergys, HP, EMC, Juniper and Oracle have partnered with the Indian IT companies to bid for the project.

This is the first time that BSNL has invited separate bids from IT solutions providers. Earlier, this part of the project was built into the overall GSM contract.

For example, in the previous contract, Ericsson was given the mandate to integrate all part of a mobile network including base stations, hardware equipment and the software. This was done to make it easy for BSNL to negotiate with just one company for the entire project. However, it had also led to some controversy since the companies which won the bid would eventually change the software solutions provider in a bid to maximise earnings.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Company Overview

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions