05:00 Apr 30, 2016  

Tata Communications Ltd

HSL Code: VSNLTD   |   BSE Code: 500483  |   NSE Symbol: TATACOMM  |   ISIN: INE151A01013
29 Apr 2016 | 15:43
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Tata Communications intimates of increase in stake holding in Smart ICT
Tata Communications announced that Smart ICT Services has communicated to the Company that the board of Smart ICT has approved transfer of 5% of its equity share capital held by Centios Co to Tata Communications. Prior to this transfer, Tata Communications was holding 19% of the paid-up equity capital of Smart ICT which has now increased to 24% and consequently Smart ICT has now become an associate of the Company.

Smart ICT has been awarded a contract by the Gujarat International Finance Tec-City to design, finance, establish, install, test, commission and operate and maintain the ICT in GIFT City.

Tata Communications partners with IRISH TV
Tata Communications announced a partnership with IRISH TV, Ireland`s first ever International TV channel, to bring the network`s content directly to North American viewers for the first time.

Using Tata Communications` Media Ecosystem platform, IRISH TV will provide a rich content experience and on-the-go access to 40 million Irish residents in the U.S. with international expansion plans to other regions in the near future.

IRISH TV will leverage Tata Communications` end-to-end managed over the-top (OTT), playout services and connectivity to deliver content in an intuitive app format. This will make the network`s unique mix of local and Irish productions available to North American viewers across multiple formats such as iOS devices, Android, Roku, Amazon Fire TV, Google Chromecast, Apple TV and SMART TV`s. Viewers will be able to access exclusive local content from every county in Ireland and Irish communities across the UK and the United States.

Tata Communications named as Aon Best Employer India
Tata Communications announced its recognition as a 2016 Best Employer in India by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc.
Tata Communications wins multi-year contract with Air France-KLM
Tata Communications announced that it has won a multi-million dollar contract with Air France-KLM, Europe`s second largest airline, to provide next-generation network connectivity to 170 sites. The network will form the backbone for the company as it embraces the latest mobile, cloud, big data analytics and wearable technologies to enhance and personalise passenger experience. This investment underpins the airline`s growth strategy, driven by organisation-wide digital transformation, delivery of next-generation aircraft, and expansion in emerging markets.

The multi-year contract will see Tata Communications roll out a superfast intelligent network which will power Air France-KLM`s mission-critical systems, including passenger check-in, flight operations and departure control applications, as well as corporate programs in the Middle East, Africa and Asia Pacific. Air France-KLM, which carried 87.4 million passengers in 2014, is the first major European airline group to move away from the legacy networks widely used in the airline industry.

Tata Communications will provide Air France-KLM with an MPLS wide area network (WAN) in the Middle East, Africa and Asia Pacific, underpinned by the company`s partnerships and investments in airport points-of-presence worldwide and the largest wholly-owned subsea cable network in the world.

Tata Communications positioned in Leader Quadrant for Network Services
Tata Communications has been positioned by Gartner as a ?Leader` in its 2016 Magic Quadrant for Network Services. Designed by Gartner to examine how effectively providers meet the current needs of business in terms of both ?completeness of vision` and ?ability to execute`, 2016 marks the third year in a row that Tata Communications has been positioned in the Leader quadrant.
Tata Communications to hold board meeting
Tata Communications will hold a meeting of the Board of Directors of the Company on 2 February 2016.
Tata Communications to collaborate with SimbaNET
Tata Communications announced that SimbaNET, a member of Wananchi Group and a leading provider of internet connectivity to businesses in Eastern Africa will collaborate with Tata Communications, to provide a portfolio of technology and communication solutions for enterprises` growing ICT requirements in East Africa.

The agreement will provide companies located in Kenya, Tanzania and Uganda with access to enterprise solutions such as global network connectivity, direct public cloud access, unified communications and managed security services. It will also provide global businesses with connectivity to East Africa via Tata Communications` global public IP backbone and SimbaNET`s regional IP network.

Tata Communications updates on Neotel and Vodacom transaction
Tata Communications has earlier announced that Neotel and Vodacom have concluded a modified transaction in terms of which Vodacom will acquire the majority of Neotel`s assets related to its fixed line business as a going concern, excluding, inter-alia, Neotel`s licenses (spectrum, ECN, ECNS). As part of this agreement, Neotel will offer a roaming arrangement to all the mobile network operators, including Vodacom.

Further to that, Tata Communications has updated that Transaction documentation relating to the restructured transaction was submitted to the Competition Tribunal (?Tribunal?) and at the Tribunal pre-hearing it was agreed that, following the outcome of the Roaming Offer, Vodacom South Africa and Neotel will re-notify the details of the restructured transaction with the Competition Commission and that the matter will be dealt with expeditiously.

Tata Communications joins forces with Net Insight
Tata Communications announced that it has joined forces with Net Insight, a specialist in the transport of live, interactive and on-demand content, to enable media organisations to manage and deliver live OTT content globally, in complete sync across all devices, for the first time.

The powerful combination of Tata Communications` Media Ecosystem, including its Video Connect service, and Net Insight`s industry-first OTT solution, enables media organisations to manage and distribute a video feed from any location globally to any device, without any delay, for a truly real-time, interactive and social TV experience, and to better monetise high-value live sports and music events.

Tata Communications debuts ultra-low power connectivity solution
Tata Communications has successfully conducted trials of new Low Power Wide Area Network1 (LPWAN), based on LoRaTM technology for connected devices and cutting edge Internet of Things (IoT) applications across Mumbai and Delhi.

These trials will bolster successful deployment of IoT applications in India, as Gartner forecasts that there will be 4.9 billion connected things globally in 2015, reaching 25 billion by 2020 - more than three times the number of people on earth today.

Tata Communications plans to roll out India`s first LoRaTM network across the country, with full coverage starting in Mumbai, Delhi and Bangalore. LoRaTM is a wireless communication technology dedicated to the Internet of Things (IoT) / Machine to Machine (M2M) communications network. The new network is a super low-power, secure, bidirectional, communication solution, which any organisation can use to connect objects and innovative applications simply and energy efficiently, overcoming high power consumption challenges with existing wireless solutions. The first phase targets to cover 400 million people across Tier 1, 2, 3 and 4 cities.

Tata Communications launches IZO? Private Cloud service
Tata Communications launched its IZO? Private Cloud service to bring CIOs unprecedented control over their public and private clouds and their entire data centre estate. The new service, unveiled at Cloud Expo Asia, is the latest addition to Tata Communications` game-changing IZO? cloud enablement platform, and will empower enterprises to connect to the world`s biggest clouds, and to build a truly hybrid, high-performance IT infrastructure, where different cloud, colocation and managed hosting environments work together as one.

Today, different clouds often operate in silos, resulting in a complex application environment. IZO? Private Cloud addresses this complexity and makes it easy for CIOs to build their cloud, their way by bringing together public clouds, as well as enterprises` legacy data centre estate, into a single hybrid cloud. The new service, available in 12 locations worldwide1, enables enterprises to combine the flexibility of public cloud with enterprise-grade security, and gives the CIO unparalleled visibility and control through single-pane-of-glass management. It creates a high-performance, reliable, adaptable and open application environment that can keep up with the rapid pace of technology innovation and employees` demands for mobile, collaborative and social ways of working.

Outcome of board meeting of Tata Communications
Tata Communications announced that in the year 2011, Vinod Kumar was appointed as the Managing Director and Group Chief Executive Officer of the Company w.e.f. 01 February 2011 till 31 January 2016. The Board of Directors of the Company at its meeting held on 27 October 2015 has re-appointed Vinod Kumar as the Managing Director & Group CEO of the Company for a further term of five years, with effect from 01 February 2016 till 31 January 2021. The said appointment is subject to obtaining necessary approvals from the Shareholders and any applicable statutory and regulatory approvals as may be required.
Tata Communications to hold board meeting
Tata Communications will hold a meeting of the Board of Directors of the Company on 27 October 2015, to consider and take on record Unaudited Financial Results for the quarter and half year ended on 30 September 2015 (Q2).
Tata Communications teams up with Microsoft Corp.
Tata Communications announced it has teamed up with Microsoft Corp. to connect businesses to Office 365, enabling them to boost employee productivity and streamline business processes with cloud-based communication and collaboration.

Tata Communications` IZO? Private ? a game-changing platform designed to maximize network performance in the cloud ? will connect businesses via Azure ExpressRoute for Office 365, overcoming common reliability and security concerns associated with the public Internet. The combination allows enterprises to bypass the public Internet and provide employees with access to Office 365 using their WAN, ensuring exceptional network and application performance, and enhanced end-user experience. The service is quick to provision, and ensures the security and integrity of data.

Tata Communications to hold AGM
Tata Communications announced that the th Annual General Meeting(AGM) of the company on 29 September 2015.
Tata Communications to hold board meeting
Tata Communications will hold a meeting of the Board of Directors of the Company on 28 July 2015.
Tata Communications partners with Salesforce
Tata Communications announced that it is partnering with Salesforce, the Customer Success Platform and world`s #1 CRM company, to connect businesses to Salesforce`s cloud CRM solutions, empowering employees to increase engagement and productivity.

Through this global partner interconnect agreement, Tata Communications` IZO? Private platform will connect businesses to Salesforce`s Customer Success Platform, giving customers access to a one-stop-shop for end-to-end management that offers exceptional network performance and end-user experience. The collaboration will provide businesses network uptime and stable application performance, via easy cloud access for MPLS and Ethernet customers. The service delivers fast provisioning, increased productivity, and ensures privacy and data protection through private network connections.

Orange Business Services partners with Tata Communications
Tata Communications announced that Orange Business Services has entered into an agreement with Tata Communications to expand its network footprint in India. The Network-to-Network Interconnet (NNI) agreement is part of a strategic partnership between the two companies and will increase Orange domestic coverage ten-fold to over 120 cities to meet customer demand.
Tata Communications launches ?We`re the connection? campaign in UK
Tata Communications` branded Heathrow Express trains have rolled into service as part of a campaign that will see the company wrap Heathrow Express`s entire fleet of trains. Heathrow Express, London`s airport train service, carries 17,000 passengers a day between Paddington and Heathrow Airport. With a journey time of 15 minutes, it is the fastest way to get to central London from one of the world`s busiest air travel hubs.

Tata Communications will also be using on-board digital screens and TV-spots alongside digital airport panels and cross track advertising to raise awareness of its role as a global connector of businesses through its global network, cloud enablement and mobility solutions.

Heathrow Express operates 150 services a day between London and the airport, and 69% of its customers are business passengers. Building on the theme ?We`re the connection,? the campaign will build on the shared role of Tata Communications and the Heathrow Express in connecting businesses and people around the world. The designs of the train wraps and advertising executions feature bold, colourful photography and surprising facts and statistics about Tata Communications` capabilities, alongside the ?We`re the connection? message, highlighting the scale and variety of the company`s global operations.

This is the first UK advertising sponsorship deal for Tata Communications.

Tata Communications announces first challenge of the 2015 F1? Connectivity Innovation Prize
Tata Communications announced the first challenge of the 2015 F1? Connectivity Innovation Prize. The goal of the USD $50,000 prize, launched last year, is to inspire technical visionaries and creative minds worldwide to harness innovation in Formula 1? racing through two technology challenges.

The first challenge has been set by the MERCEDES AMG PETRONAS Formula One? Team and unveiled by their driver Lewis Hamilton, the 2014 FIA Formula One? Drivers` World Champion and also a judge on the prize panel. The challenge is to design a new approach for displaying critical race car telemetry and sensor data, such as tyre degradation and temperature, airflow, aerodynamics, throttle, brake and oil temperature, and movements inside the gear box, for use on the pit wall, in the garage and at the team headquarters during track sessions. The aim is to help give the team a competitive advantage by empowering engineers on the pitwall at the race track as well as at the factory in the UK, to make more accurate decisions through the visualisation of big data analytics in real-time.

The second challenge will be set by Formula One Management in August.

The Grand Prize of the F1? Connectivity Innovation Prize is a cheque for $50,000 and a bespoke trophy, to be presented to the winner at the end of the season in November. The five runners-up of both challenges will be awarded VIP trips to the final of the 2015 FIA Formula One World Championship, the 2015 FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX.

A full brief for the first F1? Connectivity Innovation Prize challenge can be downloaded from the F1? Connectivity Innovation Prize website. The closing date for the first challenge is 13 July at 9:00am BST.

Tata Communications announces appointment of CFO
Tata Communications announced the appointment of Pratibha K. Advani as its Chief Financial Officer.
Tata Communications appoints CFO
Tata Communications announced that Pratibha Advani has joined as the Chief Financial Officer of the Company on 08 May 2015.
Tata Communications chosen by Formula One Management
Tata Communications announced that it has been chosen by Formula One Management (FOM) to provide broadcast services for the GP2?, GP3? and Porsche Supercup racing series. Tata Communications will provide a fully diverse end-to-end fibre and satellite solution to broadcasters from across the globe at the 12 race locations in 2015.
Tata Communications launches Media Ecosystem
Tata Communications announced that the launch of Media Ecosystem, that combines traditional video contribution services with IP-based connectivity to create a highly innovative global media platform.

The new ecosystem enables seamless global transport and management of content as a cloud-based managed service and supports global media distribution requirements, OTT and mobility applications.

The cloud based Media Ecosystem includes asset management, workflow management, cloud-based playout, automation and control, storage and OTT platforms as a service. These functions are underpinned by a combination of Tata Communications` unique network services offerings including its leading IP network, Content Delivery Network (CDN) and Video Connect. In an industry first, Tata Communications` unique IZO? Internet WAN service which offers business-class SLAs across internet connections has also been integrated, widening the opportunities for professional video sharing.

Tata Communications & Indosat enter into partnership
Tata Communications and Indosat announced a partnership to provide a wide range of technology and communication solutions for Indonesian enterprises` growing ICT requirements, while enhancing capabilities for global businesses looking to make inroads into the region.

This partnership combines Indosat`s extensive regional coverage and expertise with Tata Communications` global connectivity and managed service capabilities to design a comprehensive portfolio of services for the Indonesian market. Indosat and Tata Communications are coming together to offer enterprises with Indonesia presence, a wideranging set of services including Global Network, Value Added Services, Unified Communications and Security services, as well as several industry-specific solutions. This collaboration with Tata Communications is set to create additional choices for enterprises in the region while affording Indosat the convenience of working with a single global entity that provides end-to-end solutions across segments, thereby reducing cost and complexity when building its enterprise portfolio in this region.

Tata Communications expands its unified communications portfolio
Tata Communications announced the launch of three new unified communications (UC) solutions: InstaCC Global?, Hosted Lync, and Click2RTC? services. These new offers will debut at Enterprise Connect 2015 in Orlando, US.

The addition of InstaCC Global?, Hosted Lync and Click2RTC? services to Tata Communications` UC portfolio brings together multiple technology platforms to enable seamless and ubiquitous applications and services with integrated voice, video, chat and presence, delivered from the cloud and accessible through a rich set of APIs and software development kits (SDKs).

Tata Communications becomes communications partner for TeamIndus
Tata Communications announced its official association as the communications partner for TeamIndus, India`s only competitor in the $30 million Google Lunar XPRIZE. As the largest international incentivised prize competition aimed at developing low-cost methods of robotic space exploration, the Google Lunar XPRIZE is challenging privately funded teams to safely land a spacecraft on the surface of the moon that travels at least 500 meters and transmits high-definition video, images and data back to Earth. TeamIndus is on a mission to lead India into the next generation of space exploration and aviation technology.

In this partnership, Tata Communications brings its connectivity and prowess in the cloud and data centre services to provide TeamIndus with mission critical communication services. State-of theart Content Delivery Network (CDN) Solution, Web Hosting and Flight Path Big Data Analytics and Secured Private Network are some of the solutions that are in place to help TeamIndus edge closer to their end goal.

Tata Communications launches RoamPulseTM platform
Tata Communications has launched RoamPulseTM platform, a real-time roaming intelligence service that allows mobile network operators to improve their customers` roaming experience and make their business more efficient.

RoamPulseTM provides real-time monitoring, reporting and alarming of all roaming traffic and answers the growing market problem of undetected roaming issues. These issues can cause significant commercial loss for mobile operators, trigger customer churn and negatively affect market perception.

RoamPulseTM is a next-generation integrated platform covering 2G, 3G, 4G and LTE signaling traffic. It enables mobile network operators, roaming managers and interconnection managers to optimise their customers` roaming experience and minimise service disruption by proactively representing network health and identifying areas of attention.

Tata Communications bags USD 20 mn deal from KION Group
Tata Communications announced that it has won a multi-year contract with the KION Group, the second largest global manufacturer of forklift trucks and warehouse technology, to provide global WAN services to the group`s 280 sites and 22,000 employees across 30 countries worldwide. The USD $20 million deal will see Tata Communications replace the KION Group`s existing stable of multiple WAN providers with a single, global, intelligent network. This network is a critical element in achieving the KION Group`s Strategy 2020 objective of harnessing its global potential even more effectively.
Tata Communications to hold board meeting
Tata Communications will hold a meeting of the Board of Directors of the Company on 12 February 2015, to consider and take on record Unaudited Financial Results for the third quarter from October 01, 2014 to 31 December 2014 (Q3).
Tata Communications positioned as a Leader for second consecutive year
Tata Communications announced that the Company has been positioned in the ?Leaders` quadrant of the Gartner Magic Quadrant for Network Services, Global for the second year in a row. The Magic Quadrant evaluates companies based on ?completeness of vision` and ?ability to execute`.
Tata Communications partners with Seaborn Networks
Tata Communication announced its investment for purchase of significant capacity in Seaborn Networks` Seabras-1 cable system between Brazil and US.

Seaborn Networks plans for the Seabras-1 system to be ready for service in the fourth quarter of 2016.

Tata Communications announces winner of the inaugural F1? Connectivity
Tata Communications announced the grand prize winner of the inaugural F1@ Connectivity Innovative Prize. The jury including the 2014 FIA Formula One World Champion and Mercedes AMG Petronas driver Lewis Hamilton and F1@ Commentator Martin Brundle, delivered its final verdict announcing a four-man British team as winners of the Grand Prize.
Tata Communications launches Mobile LNS
Tata Communications announced the launch of Mobile local number service (LNS). The new service enables OTTs and cloud communications companies to open their Communication ecosystem to telecommunication services such as voice calls and text messages, by assigning dedicated local numbers to their customers in countries of their choice. This allows the OTT`s customer`s contacts or employees in those countries to call and text the customer using a local number - significantly reducing the cost to the contact or employee. It also gives mobile operators a new revenue stream from leasing mobile phone numbers, offering growth opportunities to the entire mobile ecosystem.
Tata Communications collaborates with Google
Tata Communications announced that it has become a Google Could Platform Authorised Services Partner. Under the terms of this agreement, Google`s new service, Google Cloud Interconnect will connect with Tata Communication`s IZO? Public, a cloud enablement service that provides a dedicated and deterministic route, for businesses, into Google`s cloud.

Through the IZO? Public cloud enablement service, Tata Communications and Google will be collaborating to provide businesses with a simple and future-proof way to connect and build their cloud over the public Internet ? providing unparalleled performance, reach, and capacity ensuring a consistently good user experience for enterprise end-customers.

Tata Communications launches IZO?
Tata Communications announced that launch of IZO?, a global network platform for enhanced hybrid cloud enablement. The platform comprises of IZO? Internet WAN, IZO? Private and IZO? Public - each of which tackle a significant issue faced by enterprises managing cloud solutions. The IZO? network platform gives multi-national organisations the freedom to choose a cloud environment suited to their requirement with a platform backed by Tata Communications` leading global network and global partnership.
Tata Communications to hold board meeting
Tata Communications will hold a meeting of the Board of Directors of the Company on 1 November 2014, to consider and take on record Unaudited Financial Results for the second quarter from July 01, 2014 to 30 September 2014 (Q2).
Tata Communications announces resignation of director
Tata Communications announced Amal Ganguli has resigned as Director from the Board of the Company, effective from the close of business on 16 October 2014.
Tata Communications achieves first ever live 4K feed of a Formula 1? event
Tata Communications announced that it has become the first company to deliver a live 4K feed from a Formula 1? event. This landmark was achieved during practice session at the 2014 FORMULA 1 SINGAPORE AIRLINES SINGAPORE GRAND PRIX, where live footage was delivered end-to-end over Tata Communications` Global Video Connect Network, to Formula One Management`s (FOM) Technical HQ in Biggin Hill, UK.
Tata Communications announces resignation of CFO
Tata Communications announced that Sanjay Baweja, Chief Financial Officer, will be leaving the organisation to pursue other opportunities. He will continue serving as Tata Communications` CFO until 03 November 2014.
Tata Communications announces second challenge in the F1? Connectivity Innovation Prize
Tata Communications confirmed the details of the second technology challenge intended to harness global brainpower in the USD $50,000 initiative set against the white heat of connectivity innovation that defines Formula 1? racing.

The detail announced today in the lead-up to the FORMULA 1 GRAN PREMIO D`ITALIA 2014 is to create a global digital scrapbook to celebrate the richness and diversity of ?The Silver Arrows` extensive history in the sport. The Global Scrapbook Challenge is intended to create and sustain a virtual ?museum` as an engaging online treasury of anecdote, recollection and intrigue that will attract both browsing visitors as much as the broadest range of contributions from fans of the sport.

Tata Communications` intention in setting the context for this challenge is to inspire entrants to creatively apply content curation and digital promotion to provide a new and novel dimension for fan engagement with the MERCEDES AMG PETRONAS Formula One? Team.

Challenge 2 follows the success of the first task to creatively apply analytical and information technology solutions to demonstrate new and insightful information that can be derived from Formula One Management`s live data feeds.

Tata Communications to hold board meeting
Tata Communications will hold a meeting of the Board of Directors of the Company on 4 August 2014 to consider and take on record Unaudited Financial Results (Provisional) for the period from April 01, 2014 to 30 June 2014 (Q1).
Tata Communications inaugurates 44th data centre
Tata Communications announced the inauguration of its 44th data centre in Greater Kailash, New Delhi. This data centre is an integral part of Tata Communications` overall objective to strengthen its global data centre footprint.

The company plans to invest more than USD $200 million towards doubling capacity in India from 500,000 sq. ft. to 1,000,000 sq. ft. over a period of three years. The launch of this data centre positions Tata Communications as a truly pan-India player in the data centre business with continued commitment to growth in this sector.

These data centres offer a complete array of configuration choices, including shared rack space, full cabinets and cage space colocation along with unlimited scalability in the future. Centrally managed, these data centres provide customers with optimal performance, reduced total cost of ownership, security and effective utilisation of resources.

Tata Communications kickstarts DataHack14
Tata Communications announced on 10 July2 014, DataHack14, a simultaneous 24-hour hackathon in London`s ?Tech City`, and California`s Redwood City, in the heart of Silicon Valley (July 12th ? 13th). DataHack14 offers the best and brightest minds the unique opportunity to come up with solutions to use the world`s largest wholesale voice carrier`s ?Big Data` to develop the next big thing in global communications. The grand prize winner will not only walk away with $15,000, but also enters into the potential for their winning idea to become a commercially viable product through Tata Communications` Accelerator Lab.
Tata Communications to hold AGM
Tata Communications announced that the 28th Annual General Meeting (AGM) of the company will be held on 04 August 2014
Tata Communications announces intention to deregister in US
Tata Communications announces intention to deregister in US To terminate reporting obligation under Securities Exchange Act of 1934 Tata Communications announced its intention to terminate the registration of its American Depositary Shares (ADSs), as evidenced by American Depositary Receipts (ADRs), under Section 12(g) of the U.S. Securities Exchange Act of 1934, as amended (the Act) and to terminate its reporting obligations with the U.S. Securities and Exchange Commission (the SEC) under Section 15(d) of the Act. This is further to the Company`s announcement on 07 June 2013 confirming the delisting of its ADSs from the New York Stock Exchange effective from the close of business on 07 June 2013. The Company expects that this termination of registration will become effective 90 days after its filing with the SEC. As a result of this filing, the Company`s reporting obligations with the SEC, including its obligation to file annual reports on Form 20-F and reports on Form 6-K, will be suspended immediately.
Tata Communications launches latest version of jamvee
Tata Communications launches latest version of jamvee Its next generation unified communications platform Tata Communications launched the latest version of jamvee - its next generation Unified Communications platform. Built on Tata Communications` global tier 1 network, jamvee brings together any client software and device on a single platform - providing an agnostic, secure, unified communications service. This enables easier intra and inter-company collaboration as employees, suppliers and customers can now get together via any combination of audio, video or messaging and share content in groups - across any device or through a browser.
Tata Communications unveils F1. Connectivity Innovation Prize1
Tata Communications unveils F1. Connectivity Innovation Prize1 Reward for creative & technical challenges of Formula 1. racing Tata Communications has unveiled the F1. Connectivity Innovation Prize1 ` a global platform that will engage international brainpower against the demanding backdrop of Formula 1. racing. By assembling an unprecedented calibre of Formula 1. judges and a coveted USD $50,000 prize fund, the prize will foster and reward innovative and creative thinking in connectivity. The prize will catalyse next-generation technologies based around a series of three challenges announced over the course of the 2014 FIA Formula One World Championship`. The initiative will encourage entrants to test their creative and technical knowledge by expressing how they would solve real- world challenges for Formula 1. racing. Additional prizes will include VIP trips to the 2015 FORMULA 1 GRAND PRIX DE MONACO.
Tata Communications announces proposed Neotel-Vodacom SA deal
Tata Communications announces proposed Neotel-Vodacom SA deal Vodacom to acquire Neotel for enterprise value of ZAR 7 billion Tata Communications announced that the shareholders of Neotel and Vodacom SA have favourably concluded an agreement on the commercial structure and terms to proceed for Vodacom to acquire 100 per cent of the shares of Neotel valued at an enterprise value of ZAR 7.0 billion.
Board of Tata Communications recommends dividend
Board of Tata Communications recommends dividend Of Rs 4.50 per share Tata Communications announced that the Board of Directors of the Company at its meeting held on 13 May 2014, inter alia, have recommended a dividend of Rs 4.50 per share for the financial year 2013-14.
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