Geodesic partners with Zee to launch entertainment applications on mobile

Mumbai-based Internet software and services provider, Geodesic Ltd said it partnered with Zee Entertainment Enterprises Ltd (ZEEL), to launch real time and on-delivery entertainment applications for mobile and Internet enabled devices. No financial details were provided.

ZEEL and Geodesic have formed a new company called ITM Digital (P), based in Mumbai, to address the hugely growing market for content convergence and mobile value added services.

On Tuesday, Geodesic shares fell 2.4% to Rs82 on the Bombay Stock Exchange, while the Sensex ended at 0.3% down at 17,878 points.

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Edelweiss Capital units completes acquisition of Anagram Capital

Edelweiss Capital Ltd said its subsidiaries — Edelweiss Securities Ltd and Edelweiss Investments & Finance Ltd — completed the acquisition of Anagram Capital Ltd. Consequently, Anagram Capital has become a subsidiary of the company, it said in a regulatory filing.

On Tuesday, Edelweiss Capital shares increased 1.4% up at Rs517 on the Bombay Stock Exchange, while the Sensex ended at 0.3% down at 17,878 points.

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Patni appoints Apoorva Singh as senior vice president

IT and BPO services provider, Patni Computer Systems Ltd said it appointed Apoorva Singh as its senior vice president and global head for infrastructure management services (IMS).

Mr Singh will be spearheading the IMS vertical along with Patni’s customer interaction services (CIS) division relating to technology-based support business, it said in a regulatory filing.

On Tuesday, Patni shares declined 1.4% down to Rs518 on the Bombay Stock Exchange, while the Sensex ended at 0.3% down at 17,878 points.

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