News Digest: Government to hire tech company to run its e-marketplace GeM

		THE TIMES OF INDIA
		Tuesday, April 04, 2017
		Today's Headlines

		Technology
		Government to hire tech company to run its e-marketplace GeM The government is looking to hire a technology company to run its online procurement marketplace launched in August, and some of the biggest players in the industry are in the fray for it. Essar exits BPO business, sells Aegis for $275-300 million Ruias-led Essar Group today announced sale of its BPO company Aegis Ltd to Singapore-based private equity fund manager Capital Square Partners for an estimated $275 to 300 million. Fresh row at Infosys as Narayana Murthy slams COO's pay hike The flash point this time was a resolution, which came for voting on March 31, to increase the total compensation of chief operating officer U B Pravin Rao by 35% to Rs 12.5 crore. Most of the promoters of the company, including N R Narayana Murthy, abstained on the resolution. More Technology News»

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