Standard & Poor’s Ratings, which created a storm by downgrading the US government’s credit rating from the top position for the first time since the second world war, said there are no immediate prospects for such a move on Asian countries. It, however, warned that disruptions in financial markets may lead to the renewal of […]
Are you one of those people who look enviously at your neighbour’s iPad or tablet, but can never get yourself to spend Rs 35,000 on a ‘glorified surfing machine’? Do you find the prospect of carrying two computers, one for reading and another for writing, ludicrous? Fret not, the Asus Transformer is here in India. […]
India’s foreign investment continues to gather pace in the new financial year. After growing by 77% in the first two months (April & May), foreign investment has zoomed 310% (four times) in June. Total long term foreign investment (into companies and such like, excluding stock markets), was $5.656 billion in June, against $1.380 billion received […]
Southern states of Kerala and Karnataka are finding it difficult to get rid of the H1N1 virus, with 16 new deaths reported from the two states in June and July. According to central government figures, Kerala reported 174 cases of confirmed H1N1 infections in the two months, while Karnataka reported 34 infections. None of the […]
Maruti Alto K10 created the most amount of search interest on launch, with the Ford Figo following close behind, according to Google India’s Auto Industry Report covering search trends for the industry for the last two years. Surprisingly, it also showed that would-be auto buyers in India are arguably more net-savvy than their counterparts in […]
Nearly 1 in 20 drugs sold in India is of subs-standard quality or downright spurious, according to the latest numbers from the health ministry. According to them, the out of the 49,682 samples of drugs tested during the just concluded financial year (2010-11), 2,372 turned out to be below the required quality. Another 95 samples […]
Reliance Communications has announced a 7-inch Android tablet priced at around Rs 13,000 with discounted 3G data options, making it perhaps the cheapest 3G-enabled tablet in India. UPDATE: Since this model was launched, the Ubislate tab was launched for Rs 4,000 which makes the Ubislate the cheapest and most value for money tablet in the […]
The Mahatma Gandhi National Rural Employment Scheme, popularly known as the NREGA scheme, seems to have slowing down as allegations over corruption have increased. According to the latest numbers, the last financial year (2010-11) saw a 9.4% dip in the total employment generated through the scheme. However, thanks to an overall rise in costs — […]
ITES, Construction and IT sectors saw sharp declines in recruitment activity in July compared to June as employers seemed to take a ‘wait and watch’ approach, India’s biggest jobs portal Naukri.com said. The biggest slump was seen in BPO (ITES) sector, where hiring dropped 24% in July compared to June. In IT, it was down […]
Mamata Bannerjee may have big plans for her home state West Bengal, but if her record at the Rail Bhawan is anything to go by, a rise in crime levels should come as no surprise. The crime rate on Indian Railways has increased steadily and substantially over the last 2.5 years, when Mamata Bannerjee was […]
Completing its move to a ‘consumer focused’ corporate structure, Bharti Airtel has filled up two slots — one to head its broadband and data service and another to head its DTH and media unit. The new posts, in the current avatar, were created on the reorganization of Bharti Airtel’s internal corporate structure a month ago. […]
The Indian Railways will install audio-video entertainment system in all its trains, starting with the day trains, the Ministry of Railways has said. Currently, audio-video entertainment system such as those in aircrafts are available only in half a dozen trains in the country. All of these, such as the Shimoga-Bangalore Intercity Express and the Bangalore-Mysore […]
Government of India has refused to grant the right to use S Band spectrum to Antrix, the commercial arm of the Indian Space Research Organization (ISRO), making the latter’s deal with Devas Multimedia irrelevant. ISRO-Antrix has already taken millions of dollars from the Bangalore-based firm and is also learnt to have spent considerable amount of […]
Advertisers who are spending their money on QR (quick response) campaigns, using a pictorial code to ‘continue’ an ad or message on a phone or similar device, are not off their mark, according to the latest data from digital research firm Comscore. A study by the agency found that in June 2011, 14 million mobile […]
Motorola, the US brand that was second only to Nokia in the Indian market before its US parent got caught in financial troubles, has taken a first step towards reclaiming its place in the Indian market. Though it has been launching some high-end phones, such as the Milestone, Droid and the Xoom tablet, Motorola was […]
After revolutionizing the netbook market, AMD’s new Fusion chips are all set to extend their magic to mainstream laptops. Two vendors, Toshiba and Lenovo, have released the first ever laptops built on the new AMD Fusion Llano platform (A series) — bringing high-end graphics to entry-level notebooks. AMD Fusion is noted for its ability to […]
As part of the government’s efforts to forge an alliance with opposition parties against the mass movement led by Gandhian Anna Hazare, finance minister Pranab Mukherjee told members of the Parliament that the government was opposing Anna to save their rights. Talking before the actual introduction of the bill in Lok Sabha today, Mukherjee said […]
After much anticipation and suspense, Samsung has finally launched the most awaited Android tablet in India, its new Galaxy Tab 10.1 and 8.9 inch versions. As forecast by RTN, Samsung launched the two products at a glittering ceremony in the capital, graced by bollywood star Lara Dutta. The pricing of the bigger tablet has come […]
Mobile phone manufacturers and cellular service providers have opposed many of the key recommendations of the government of India’s Inter-Ministerial Committee on the harmful effects of mobile radiation on human health. The Committee started its work after an experts panel pointed to possible negative effects of cell-phone radiation on human health. Though microwave radiation, such […]
The BJP tried to shoot down the introduction of the Government’s version of the Lokpal bill in Lok Sabha today, on the issue of excluding the Prime Minister under the Bill. The BJP’s motion, however, was defeated by voice vote and permission was granted by the Speaker for the introduction of the bill in the […]
