Amazon.com Inc. and TiVo Inc. will begin testing on Wednesday a service that lets users watch videos rented or bought over the Internet directly on televisions, as part of a trend to link personal computers and TVs.

The announcement from the two companies comes a day after Wal-Mart Stores Inc. introduced a test version of its video download service, which is the first by a major retailer to have the backing of all Hollywood's major movies studios.

Amazon's TiVo partnership extends the online retailer's Unbox download service, and takes it one step further than online video stores like Wal-mart's or Apple Inc.'s iTunes, which are geared toward computers or portable devices.

Movies and TV shows from "Amazon Unbox on TiVo" will be available to download to a customer's TiVo box from computers for playback on their television set.

Courtesy : Expreesindia.com.

IT major Wipro Technologies said it is 'actively' looking at about a dozen companies for acquisition and is hopeful to complete at least one in the current quarter.

We are actively looking at 9-12 companies...we hope to complete at least one acquisition in the current quarter," Wipro Technologies Chief Strategy Officer Sudip Nandy told reporters at the NASSCOM India Leadership Forum here.

He, however, did not give a time frame for the acquisitions.

"We are looking at companies of above $50 million but in some cases we could pick up a stake also," Nandy said adding the company is looking at all modes of expansion, including buyout, stake or joint venture, as part of its inorganic growth strategy.

The verticals in focus are healthcare, travel, telecom, manufacturing and pharmaceuticals, he added.
Nandy said while Wipro is scouting for companies in India and abroad, it has not fixed any geographical focus.

"The aim is to deepen our domain expertise, fill up competency gaps and expand our service lines," he added.

Courtesy : Expressindia.com.

The Karnataka government plans to set up a special economic zone exclusively for the aerospace industry, Chief Minister H D Kumaraswamy said.

Around 1,000 acres will be acquired near the Bangalore International Airport, which is coming up near Devanahalli, Kumaraswamy said at Aero India show at Yelahanka Air Force Station on the city's outskirts.

He said it was also planned to have half a dozen greenfield airports across the state and to expand the existing four.

Kumaraswamy urged Defence Minister A K Antony to allow the naval airport at Karwar to be used for civilian flights.

Courtesy : Expressindia.com