Technology

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BRIEF-Reditus Q3 net profit rises to 427,518 euros

* Reports Q3 net profit of 427,518 euros versus 232,479 euros a year ago

11:20pm IST

BRIEF-Entersoft approves merger with its subsidiaries

* Approves merger with its subsidiary Alpha Sotware Solutions

10:30pm IST

BRIEF-Ellaktor 9-month turnover at 1.08 bln euros vs 0.88 bln euros yr ago

* 9-month turnover at 1.08 billion euros versus 0.88 billion euros year ago

10:10pm IST

UPDATE 2-Canada's BCE to buy mobile phone retailer Glentel for C$594 mln

TORONTO, Nov 28 - BCE Inc, Canada's largest telecommunications company, said it would buy mobile phone retailer Glentel Inc for about C$594 million ($520 million) in cash and stock.

9:37pm IST

Europe's space-based, laser-powered data highway passes early test

FRANKFURT, Nov 28 - A European satellite beamed images to earth using new laser-based communications technology on Friday, opening the way for uninterrupted and near instantaneous viewing of natural disasters being sent to governments and relief agencies.

9:24pm IST
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Growth slows less than feared, easing pressure for rate cut

NEW DELHI - A slowdown in India's economy in the last quarter will increase calls for Prime Minister Narendra Modi to step up reforms but was less severe than feared, giving the Reserve Bank ammunition to resist government pressure to cut interest rates.