Tech Mahindra approached Satyam for merger - report

MUMBAI (Reuters) - Indian software services firm Tech Mahindra Ltd has approached embattled rival Satyam Computer Services for an all-share merger, the Economic Times reported on Tuesday, sending shares in both companies higher. Tech Mahindra, a unit of Indian tractor and utility vehicle maker Mahindra & Mahindra, is looking for a deal that could involve gaining control of the combined entity, the newspaper said, citing an unnamed person with knowledge of the development. "Anything that offers strategic value to Tech Mahindra would be of interest to the group," it quoted an unnamed executive of Mahindra & Mahindra as saying. The paper also reported a fund manager had said Tech Mahindra was in touch with Satyam's bankers Merrill Lynch. Analysts said a merger would help Tech Mahindra, which is now focused on the telecoms sector. "It would mean a broadening of its business model," said a technology analyst at brokerage Pioneer Intermediaries. Shares in Tech Mahindra rose 9.6 percent to 310.80 rupees by 0500 GMT, while shares in Satyam were trading up 4.25 percent at 174 rupees on hopes of deal, despite a denial from Tech Mahindra. The vice chairman and managing director of Tech Mahindra said the company had not approached Satyam or its merchant bankers with a merger proposal. "It is pure fiction at this point in time," Vineet Nayyar told Reuters.

USB LIGHT FOR YOUR LAPTOP/ PC

Main Features :- Usb Light For Laptop, Pc, Notebooks Convert A Usb Port On Your Laptop Into A Source Of Light. Airplanes Or Trains, Waiting Lounges And Even Car Or Taxis In Your City Wont Wailt You Anymore. Unique In Shape, The Usb Light Plugs Into A Usb Port Of Your Laptop Or Desktop Computer To Provide A Steady Bright Liht : Without Draining Your Battery Powered By The Usb Port On Your Laptop, Be The Envy Of Colleagues In Car Or Your Travelling Companions On The Train As You Casually Plug This Little Gem In And Enjoy The Bright Light. It Does Not Need Batteries Or Power Socket For Powering On : Minimal Battery Drain, It Uses Less Than Five Minutes Per Hour Of Notebook Battery Charge. The Flexible Power Cord Allows The Light To Be Pointed In Any Direction And Coil Up Tightly When Not In Use. This Is Also A Great Gift For The Computerholic Or Serial Surfer In Your Life : They Get A Funky Gadget. The High Quality, Long Life & Led Will Last For Years. Simple To Use ,The Flexible Spring Neck Lets You Position It In The Angle That You Would Like To. It Is Composed Of White Led As The Light Source. Small, Compact And Feather-light, The Usb Light Goes Anywhere And Fits Easily Inside Your Laptop Case. Features And Benefits : No Batteries, Powered By Usb Port Switch : free Design With Virtually Nothing To Break Flexible Neck Precisely Directs Light Beam Minimal Power Consumption For All : day Light System Requirements : Usb Port Dimensions 2.6"L X 11.0"H X 0.5"W

The New MSI Wind U100 Laptop

MSI U100 netbook dojangdoen personalized features of the wind has been released. NetBook 1GB of RAM, of 10.2 - inch display (1024 × 600), a 120-gigabyte HDD, and Microsoft Windows XP Home Edition and 3 - cell battery, 1.6GHz Intel, CPU, and the atoms are provided.

New Mobile Phones - 2009 Craze

A mobile phone , a.k.a mobile, wireless, cellular phone, cell phone or hand phone, has been evolving rapidly since its conception by Martin Cooper who made the first call on a handheld mobile phone on April 3, 1973. Every year mobile phone manufacturers will compete against each other to bring out the best in features and looks to capture the ever growing market of consumers. Anyways, below are the coolest mobile phones, in my opinion, available in 2008 that are worth your attention and maybe, your money too. They are arranged in no particular order.

- Samsung Instinct :

- Samsung Glyde :

- HTC Touch Diamond :