Local sourcing will help phone maker get a better hold of booming market.
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State-owned phone company finds Ericsson eager to supply equipment and Motorola unhappy.
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The new company will offer to manage all of the telephone companies’ operations.
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State-owned phone company seeks bids for 63.5 million lines, worth up to $4 billion.
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The country’s government picks southern state of Andhra Pradesh as site for $3-billion semiconductor plant.
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Fabless semiconductor company wants equity stakes in Indian chip design firms.
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Indian software services giant makes second overseas acquisition in a week.
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