Indian companies M&A deals worth $2.9 Bn in February

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Indian companies M&A deals worth $2.9 Bn in February: report Private sector lender HDFC Bank's merger with Centurion Bank of Punjab has driven Indian companies merger and acquisition deal volumes to $2.9 billion. Software piracy rate cut can see $3.1 Bn rise in revenues by 2011 If India reduces use of pirated software by 10 percentage by 2011, it could see economic benefits worth $3.1 billion. Hiring in IT industry slows down 40-50 percent Hackers attempts @gov.org

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Cisco's study predicts an increase in security spending in 2008 Cisco's annual research on remote workers' impact on corporate security reveals that three of every five IT decision makers plan to increase security spending. Airtel, Micro Technologies tie up for mobile security Micro Technologies has said it has tied up with India's leading private cellular operator Bharti Airtel to offer mobile security services to its subscribers. Eaton opens professional service center at Pune Tata AutoComp GY launches inverter batteries BUSINESS News Subex secures 21 new deals in one year Global provider of Operating System Solutions (OSS), Subex said Tuesday that it secured 21 new North American deals during the last one year. Boeing subsidiary Aviall to open India office The Boeing Company has announced on Tuesday that its wholly owned subsidiary Aviall plans to open a business office in India later this year. Indian Army promises transparency in defence deals Three IIMs have hiked fee by 50 percent VENTURE NEWS Helion Venture Partners announces closing of India fund Helion Venture Partners, an India focused venture fund, closed its second fund worth $210 million. Altierre completes $22 Mn funding round Altierre, a provider of wireless dynamic pricing solutions for retailers, has announced the completion of a $22 million Series C round led by The Galleon Group. IOC caps investment in equity MFs at $500 Mn Indian equity markets end losing streak OTHER NEWS Here comes India's first health mall Bringing all health-related facilities under one roof, a private-sector speciality hospital Tuesday commissioned the first-of-its-kind 'health mall' at Mohali town adjoining Chandigarh. IIM-A graduate gets highest offer of Rs 14.4 Mn The students of the Indian Institute of Management, Ahmedabad (IIM-A) have managed to attract higher pay packets, with one of them receiving a record offer of Rs.14.4 million ($360,000). U.S. job racket agents' licences suspended

India-Bangladesh friendship train from next month