Indian telecoms company Tata Communications has announced a new division, Global Media and Entertainment Solutions (GMES), to maximize opportunities in digital media by enabling end-to-end management, distribution and delivery of content over its life cycle. Go here to read the rest: Tata Communications Launches Media and Entertainment Division (Computer Business Online via Yahoo! UK & Ireland...

“Islamic finance is, and will continue to be, an important part of the government’s overall commitment to ensuring a competitive financial services sector in the UK,” reiterated Sarah McCarthy-Fry MP, exchequer secretary to Treasury, in London at a seminar entitled “New Year — New Opportunities in Islamic Finance,” hosted by the international law firm, Norton Rose,...

Islamic finance gaining major support in Britain Read the original post: Islamic finance gaining major support in Britain (MENAFN)

Following a comprehensive review of alternatives for its ASIC business Atmel Corporation has announced plans to continue to explore the potential sale of the company’s Smart Card (SMS) business located in Rousset, France and East Kilbride, UK and that it intends to discontinue potential sale discussions for its Customer Specific Products (CSP) and Aerospace businesses. See more here: Atmel...

Feb. 1 (Bloomberg) — A plot in Shanghai near the city’s landmark Bund may fetch as much as 10 billion yuan ($1.5 billion) at auction today, the highest price paid for land in China this year, China Business News said , without saying where it obtained the information. See the original post: Shanghai Plot May Sell for $1.5 Billion, Business News Says (Bloomberg)

Feb. 1 (Bloomberg) — South Africa may dismiss the chief executive officer and board of Sentech Ltd., as the state-owned satellite and broadcast company may lose as much as 214 million rand ($28.1 million) for fiscal 2010, Business Report said, citing a communications ministry report. Follow this link: S. Africa May Dismiss Sentech CEO, Board, Business Report Says (Bloomberg)