- Sanjay Kalra resigned as CEO of Tech Mahindra after six years, with Vineet Nayyar taking over operational responsibilities. Kalra's resignation comes at a critical time as Tech Mahindra took over Satyam Computer Services and the two companies plan to merge. - The number of Indian companies declaring dividends in the first half of the current fiscal year declined 4.5% compared to the previous year, with 1,144 companies out of over 3,000 listed companies paying dividends. - Reliance Communications is looking for strategic partners like Motorola, HP, and Intel for its 3G Innovation Lab, which provides wireless network infrastructure and new technologies. RCOM aims to launch 3