Amazon starts selling packaged software in India

Amazon.in has started selling packaged software in India. The company’s software store has over 1500 products across security software, office tools and educational software. “The store offers products from all leading international brands such as Microsoft, Kaspersky, Norton and McAfee as well as domestic players such as Quick Heal, Tally, S.Chand, iDaa and Practice Guru,” […]

Petronet LNG tries innovative services to boost Kochi utilization

Petronet LNG Ltd said it is offering value-added-services to enhance the utilization of the Kochi LNG terminal, which has been a big drag on the company’s finances. The 5 million tonnes per annum (mtpa) has been a major headache for the company as various infrastructure bottlenecks have prevented the terminal from raising utilization levels beyond […]

India’s Mars Obiter Mission lasts longer than expected

India’s first interplanetary mission, the Mars Orbiter Mission, has exhausted its official on-Mars life-span of six months on March 24, but the spacecraft continues to send data back to earth, according to ISRO. The main factor determining how long the craft, which is currently in an orbit around Mars, could operate is fuel, but the […]

India’s East Coast vulnerable to accelerating sea-level rise

India’s eastern sea coast, which comprises states like Andhra Pradesh, Orissa, West Bengal and Tamil Nadu is more vulnerable to the after-effects of the sea level rise that has been observed in recent years, according to a document with the ministry of earth sciences, India. According to the ministry, the sea level is rising faster […]

Private Equity investment in India up 20% in March quarter

Private Equity firms invested about $2,646 million across 124 deals during the quarter ended March 2015, according to early data from Venture Intelligence, a research firm focused on private company financials, transactions and their valuations. The investment amount was 20% higher than that invested in the same period last year ($2,212 million across 132 transactions), […]

Akshay Dhoot joins Videocon as Head of Technology

Akshay Dhoot, nephew of Videocon Group chairman Venugopal Dhoot, has joined Videocon Industries as head of technology. “He brings in a fresh vision and energy towards the futuristic technology in the field of home appliances and consumer electronics. In his new role, Mr. Akshay Dhoot will be instrumental in formulating technologically advanced products at Videocon […]

Larsen & Toubro gets new orders worth Rs 1,242 cr

L&T’s Metallurgical and Material Handling business has secured orders worth ₹ 1242 crores across various business segments during Q4 of FY 14-15, the infrastructure construction company said. L&T–MMH has won EPC orders from SENAAT General Holding Corporation, Abu Dhabi, for its 240000 TPA Longitudinal Submerged Arc Welded (LSAW) Pipe Mill project and 20000 TPA Seamless […]

Indians spend Rs 45,000 crore/year on overseas education – Survey

In the absence of quality higher education and none of the IITs making to world’s top research institutions, Indian students spend USD 6-7 billion (approx. Rs 45,000 crore) annually in seeking greener pastures in foreign universities with a miniscule number of them choosing to return home, said an ASSOCHAM-Tata Institute of Social Sciences (TISS) joint […]