Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: empanelment :: form 3cd :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: list of goods taxed at 4% :: VAT RATES :: Central Excise rule to resale the machines to a new company :: VAT Audit
 
 
« Mergers and Acquisitions »
 Digital payments gateway PayU eyes acquisitions to enter lending segment
 Top 5 mergers and acquisitions of 2017 in India
 Deals of the day-Mergers and acquisitions Jan 16, 2018
 Mergers & Acquisitions is accepting nominations for our 10th annual M&A Mid-Market Awards
 Why 2018 could be the year of Mergers & Acquisitions
 15 of the Best Mergers & Acquisitions of 2017
 How recent valuations have affected M&A deals
 India Inc made merger and acquisition deals worth over $60 bn in 2017
 Global appetite for mergers and acquisitions sparked by stock market rally in 2017
 2018 may see mergers and acquisitions worth $50 bn on back of stressed assets: Report
 10 Major Security Mergers and Acquisitions From 2017

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 2018 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