This year’s Monster Salary Index India IT Sector Report has revealed that there is a gap of around 29 per cent between the average pay drawn by a male IT worker and a female IT worker in India. As per the Monster Salary Index, the male IT worker receives gross salary of ₹ 359.25 per […]
Xiaomi and Flipkart said they sold their entire stock of Mi3 high-end phone in 38 minutes and 50 seconds today. Registrations to purchase the device were open till July 21st and saw over 100,000 fans registered to buy the Mi 3, Flipkart said. It is not clear how many Xiaomi Mi3 smartphones were on sale. […]
A day after TRAI gave its recommendations on the subject, Idea Cellular today said it was unlikely to go in for spectrum sharing in a major way. The telecom operator said practical considerations would make it difficult to go in for spectrum trading even in 3G services, where spectrum sharing is widely expected to take […]
The company may have bought 4G spectrum in 8 states in February, but for the next two-three years, Idea Cellular believes India will not prove to be a successful ground for the launch of 4G services. The biggest problem, said Himanshu Kapania today, would be that of cost. Indians will simply not be able to […]
Indian low-cost carrier SpiceJet has suspended its flights to Kabul in light of the shooting down of the Malaysian Airtlines in Ukraine. “In view of the security situation in Kabul and its airport, SpiceJet has decided to temporarily suspend our Kabul flights until the situation improves. The airport in Kabul came under rocket attack on […]
LG will launch its LG G3 high-end model in India on Monday. The 5.5-inch G3 will be arguably India’s most affordable ultra-high-end phone, and will compete with the Samsung Note 3. The G3 will come with a super-high resolution display of 534 pixel per inch that contains a total of 3.7 mln pixels. In comparison, […]
Idea Cellular has announced a new contest to find upcoming movie directors. The contest, called ‘Raju Ban Gaya Director’, is open to everyone in India. Applicants need to create an original concept movie of 1 to 3 minutes on the mobile phone and upload it on www.ideapopcornstreet.com. The Jury, comprising of experienced film makers, will […]
Tata Power Solar, India’s largest integrated solar player, and Bajaj Finance Ltd, which is famous for providing loans for high-end TVs and mobile phones, have teamed up to provide loans to consumers buying solar products in India. The loans will be interest-free and will be applicable to all Tata Power Solar products across various categories […]
Infosys co-founder Senapathy “Kris” Gopalakrishnan has donated $1.8 million (about Rs 11 crore) to the US-based Carnegie Mellon University (CMU) to establish a research partnership between CMU and the Centre for Brain Research (CBR) at the Indian Institute of Science (IISc) in Bangalore. The partnership will strategically leverage the research strengths of both institutions while […]
Greenpeace India has issued a statement expressing “shock and dismay” over allegations that environmental agencies like itself are hurting India’s growth. “Greenpeace India has followed all laws of the land and is open to any kind of scrutiny. But in the absence of any communication from the government the NGO is forced to believe that […]
DOIT Creations Group, owned by Radha Kapoor, daughter of Yes Bank promoter Rana Kapoor, has picked up a big stake in business magazine BusinessWorld, which was recently sold by the Anand Bazaar Patrika group to Anurag Batra of Exchange4media and investment banker Vikram Jhunjhunwala. “I intend to contribute to the digital / online business development […]
Videocon d2h has beaten bigger rivals like Tata Sky and Dish TV to the 4K Ultra HD game. The DTH operator, which already provides around 22 full HD channels, said it expects to launch 4K Ultra HD services before anyone else in India. “The 4K Ultra HD DTH services will be available commercially very soon. […]
Spice has launched what has to be the cheapest Snapdragon and quad-core processor based Android phone in India, the Stellar 445. Priced at Rs 5,300, the phone comes with a 4-inch display and Android 4.3 running on 512 MB of RAM. While we are not sure how Android 4.3, which is quite resource hungry, would […]
Customers of Idea Cellular can access free Internet on their phones thanks to a tie-up with Quikr, a classified ads website. Under the scheme, Idea users just need to open Opera Mini web browser and click the “Idea Web Pass” Speed Dial entry, then select the “Free Internet by Quikr (10 MB)” web pass option. […]
HSBC said its manufacturing PMI (purchasing managers’ index) improved at the margin in June, led by output and new export orders. HSBC’s India manufacturing PMI rose marginally (51.5 vs. 51.4 in May) thanks to improved output (52.4 vs. 51.7 in May). However, ‘new orders’ (53.0 vs. 53.2 in May) slowed slightly despite a jump in […]
Aircel Cellular has announced a new scheme under which prepaid and postpaid users can create their own unique plans using a mix of STD, local and Data packs. The service is available for both Aircel & Non Aircel customers. New Customers can activate these plans, by simply filling and submitting the Aircel Customer Enrollment Form […]
Tata Consultancy Services Ltd, which has been disappointing analysts for the last three quarters with sequential growth of 2.0-2.5%, is likely to see a break-out in its upcoming results with a 5.1% jump in revenue, Kotak Institutional Equities said. It also projected a 2.3% jump for Infosys, which had seen its revenue fall by 0.4% […]
Reliance Jio is potentially a formidable competitor in India’s telecom sector, credit rating agency Moody’s said, saying the ratings of all telecom companies will be impacted negatively due to the launch of services by Reliance Jio next year. “It will enter the Indian telecom space as a well-capitalized entity, supported by the financial muscle of […]
Bharti Airtel and Loop said they have signed a ‘definitive’ acquisition agreement. They had earlier said that they had signed a preliminary agreement under which Bharti would acquire Loop’s subscribers. ZTE Corp has gone to court trying to prevent Loop subscribers from being sold to Bharti. It claims that Loop owes it money. More details […]
Thanks to scorching heat, shopping trends of Indian consumers have witnessed a significant change this ‘summer season’, a whopping 155% rise in online trends compared to 85% last year, according to a survey by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). As per the ASSOCHAM findings, Delhiites have left behind all other […]
