Norway’s Telenor exits central Europe with $3.4 billion asset sale to Czech investor PPF

Norwegian telecoms firm Telenor has agreed to sell its businesses in central and eastern Europe to Czech billionaire Petr Kellner’s investment firm PPF Group for 2.8 billion euros ($3.4 billion). “The transaction includes Telenor’s wholly owned mobile operations in Hungary, Bulgaria, Montenegro and Serbia and the technology service provider Telenor Common Operation,” Telenor said in


Paytm more preferred by Indian professionals than Google: LinkedIn

Professionals in India prefer home-grown tech and mobile Internet companies like Directi, Flipkart and One97 Communications (Paytm) more than global giants like Google and Amazon as their workplace, revealed a new LinkedIn report on Wednesday. The report includes the ranking of 25 companies in the country that are most sought after by professionals, based on


Top H-1B visa sponsor Cognizant tries to bury anti-white bias lawsuit

Cognizant Technology Solutions Corp., the biggest US sponsor of H-1B visas for foreign information technology specialists, says a civil rights lawsuit accusing the firm of bias against workers who aren’t from India is all wrong. Three former employees claim they were forced out of their jobs and replaced with “less qualified” South Asians after being


Reliance Big TV ties up with 12,000 post offices for booking

DTH service provider Reliance Big TV today said it has tied up with 12,000 India Post offices across Maharashtra and Goa for consumers to do initial booking of HD HEVC set top boxes by paying Rs 500. “The effectively free HD HEVC set top boxes… can now be booked through 12,000 India Post offices across