India has managed to convert nearly 20% of its potential for non-solar renewable energy to installed capacity, but is likely to miss its yearly target this year. According to numbers, the total non-solar installed generation capacity at the end of January 2011 was 18,800 megawatt, almost 1,000 megawatt short of the target. The government had […]
VentureNursery, India’s first angel-backed start-up accelerator has announced an investment in Mumbai-based consumer internet company Smursh Ecommerce, the owners of Klip.in. Klip.in helps users discover unique and interesting lifestyle products across the web by aggregating and curating them based on their social connections and interest graph. Klip.in covers over 5000 products curated from over 100 […]
Fund flows from Foreign Institutional Investors reacting to global and local factors is largely behind the sharp fluctuation in the value of the Rupee over the last few days, Crisil Research has said. While predicting that the Indian currency will recover much of the ground lost over the past one month or so, the agency […]
Many users of Facebook in India were surprised to find a small ‘camera’ icon next to their comment boxes under posts made by others. Indeed, India is one of the early markets to receive the feature, which started rolling out overnight. The feature allows commenters to upload jpeg or png files as part of their […]
Speaking for the first time on the issue of corruption after the agitation of the social activist Anna Hazare, Indian Prime Minister,Manmohan SIngh, talked about tough legislative and political action to combat the menace of corruption. Underscoring the present mood and anger of the nation against corruption Singh admitted that there is little tolerance among […]
The United States Chairman of the Joint Chiefs of Staff Admiral Michael Mullen has accused Inter Service Intelligence(ISI) of Pakistan for having close relation with the Haqqani terrorist network which is believed to be behind most of the attacks on foreign installations and individuals in Pakistan and Afghanistan. Talking to Pakistan based English daily Dawn,the […]
David Mulford, the US ambassador to India from 2004 to 2006, sent a piercing assessment of India’s political situation, including a description of the ‘sycophancy’ inside the Congress Party. The 2006 assessment was sent soon after the Supreme Court quashed a move by former Congress leader and then Bihar Governor Buta Singh to dismiss an […]
Some among Kashmir’s seperatist leaders felt that Afzal Guru, convicted by the Supreme Court to death for his part in the Indian Parliament attack of 2001, should hang, but did not dare say so openly. In a private conversation after the Supreme Court confirmed Afzal’s death sentence in 2006, Goeffrey Pyatt, the in-charge at the […]
Jairam Ramesh, India’s ‘activist’ environment minister, will flag off the first harvesting of bamboo by villagers on 27th under a new law that removes the plant from the list of restricted category. Ramesh has, over the past several days, sent letters to state chief ministers clarifying that bamboo was a grass and not a tree […]
It was a movement started by the KDE group around 3 years ago — radically redesigning how the Linux desktop looks. Since then, Ubuntu — the most popular flavor of Linux out there — latched on and announced it too will radically alter how the computer interface will look. Through all the retching changes, the […]
Good news for the Indian IT industry as the first three big results have confirmed that attrition — which had reached disturbing levels 3-4 quarters ago, is finally coming under control. Both Infosy and TCS continued to post significant declines in attrition levels in the March quarter. However, HCL Technologies, the country’s fifth largest IT […]
DOMO, a PC peripherals and tablets brand, has launched its first two smartphones – a 5.2 inch dual-core model priced at Rs 8,900 and a 4-incher at Rs 3,990. Both models are priced reasonably, and offer value for money. However, the company has not revealed one crucial factor, especially for the 5.2 inch model – […]
The biggest filer of technology patents in India is not an Indian firm, but the US chip-maker Qualcomm, India’s Controller General of Patents and Trademarks, PH Kurian has revealed. Kurian said IT and telecom companies accounted for 5,500 of the 39,500 patent applications filed in 2010-11 in India, but only 150 of these applications came […]
Taking a potshot at rival Dish TV, Tata Sky has launched five more Asli (or true) HD channels, emphasizing that they are shot with real HD cameras. The new channels include Star Plus, Star Gold, Star Movies, Star World and National Geographic Channel and cover news and regional content also, it said. Tata Sky had […]
The department of telecom, government of India has issued another 7 show-cause notices to telecom operators asking why their licenses should not be canceled. However, unlike the 69 such notices issued four months ago, the new notices have been issued for complete failure to meet the norms requiring operators to start operations in time. The […]
Five corporate honchos are going to be the new occupants of Delhi’s Tihar Jail. With the Special Court hearing the cases related to the scam in the allotment of the 2G spectrum rejecting the bail pleas of the corporate bigwigs, the five could be spending their time in the capital’s central jail. The corporate executives […]
Attrition at HCL Technologies jumped during March quarter, hitting nearly 8.8% during the quarter, or 35% on an annualized basis, raising concerns. The attrition levels have been around 25% (on an annualized basis) for most IT majors over the last several quarters. The company hired 7,534 employees during the quarter, but 6,381 employees left the […]
In an extraordinary move, Sistema Shyam Teleservices, the majority owned Indian subsidiary of Russia’s AFK Sistema and the owner of MTS brand, has said it will reveal its quarterly and full-year financial result on Friday. The company is not listed on any stock exchange and is under no legal obligation to make its financial details […]
External Affairs Minister Somanahalli Mallaiah Krishna,who reached Kathmandu today on a three day trip to Nepal, reiterated India’s commitment for a democratic and stable Nepal. In a statement he said that “I would like to convey to the leadership of Nepal that India is committed to working with the people of Nepal for a democratic, […]
Fruits and Petrol led the items seeing highest rise in wholesale prices during the first week of April, according to the latest data released by the government. Price of fruits went up by 25% compared to the same week a year ago, while petrol prices were up 22%. Overall, inflation in primary articles — which […]
