No fema exemption for Tata-DoCoMo deal’

Rejecting RBI plea for exempting Tata-DoCoMo deal from foreign exchange Act, the Finance Ministry has said the two firms had entered into a share buyback contract in contravention of prevalent law and

Alcatel-Lucent Reports Q1 2015 Results

Strong growth in next-generation products; Adjusted operating income more than doubled year-over-year; Continued improvements in margin and free cash flow • Group revenues, excluding Managed Services and at constant perimeter, increased 12%