Mahindra Aerospace and Mahindra Satyam have signed a Memorandum of Understanding (MOU) for a trade partnership with the Eurocopter Group and its Indian subsidiary, Eurocopter India. The Franco-German-Spanish Eurocopter Group is a division of EADS, a world leader in aerospace, defense and related services and is the world’s number one helicopter manufacturer in the civil […]
Vodafone, World’s largest telecom operator by revenue, has bought 22% of its Indian joint venture Vodafone Essar from its partner, the Essar group, it said in a trading update today. In all, Essar holds around 33% of the Indian company and has agreed to sell the entire stake for a cost of around $5.5 billion […]
Verizon Wireless has launched the 4G LTE-enabled HP Pavilion dm1 notebook, famous for being the first notebook to come out with AMD’s new fusion series of chip. The notebook is targeted at those who use their laptops outside the limited range of their home or office WiFi, but don’t want to compromise on WiFi-like speeds […]
After Airtel Digital, Tata Sky, one of India’s biggest DTH players, has introduced a mobile application that can control its recording-enabled set top boxes. The application, that will work only on apple products (unlike Airtel’s Java app) can also be combined with an ‘orb-shaped’ (elongated spherical) device to control the TV and set top box […]
Verizon Wireless, the first major telecom operator in the World to launch 4G LTE, has introduced the 10-inch Samsung Galaxy Tab for US customers. The 4G LTE-tablet, arguably the most advanced in the World today, will be available for $530 and $630 for the 16 GB memory version and the 32 GB memory version respectively. […]
HP, India’s number two PC maker and the World number one, has combined a 21.5-inch TV and a full-fledged computer into a single product introduced at around Rs 27,000. The new product, called the HP Omni 200-5310IN, is similar a mash up of the all-in-one PC with the LCD TV. While an all-in-one PC does […]
Despite delays and apparent difference of opinion at high levels, the food minister KV Thomas today re-iterated that the Government will push through a ‘Food Security’ bill, possibly in the coming session of the Parliament itself. He also hinted that the Government version of the bill may different from that suggested by the National Advisory […]
China’s biggest local brand and the fastest growing mobile brand in India, G’Five, has brought out five new models in India — three E series (E680, E650 and E620) and one G Series (G20,) the highlight of which is the ‘gaming console’ on the last one. The E series phones have 2.2 inch displays while […]
HCL Technologies, the IT services arm of the HCL group, has put up an impressive performance in the June quarter, especially in the profits department. EBIT, which shows actual profits from the company before being adjusted for interest and tax, was up a whopping 13% in the quarter compared to the immediately previous quarter ended […]
The Supreme Court of India has ordered a 42-year-old Air India official to pay Rs 40 lakhs lump-sum or Rs 40,000 per month to his estranged wife to enable her to maintain her old lifestyle. The order marks a departure from the traditional ‘enough to keep her out of poverty’ assessment of the alimony amount […]
Despite positive comments from the experts on HCL Technology’s June quarter results, the street seems to have given a thumbs down. HCLT had announced an impressive 13% quarter on quarter jump in its pretax, pre-Interest profits, but sales growth was slower than usual at 5.3%. The stock was down 1.83% at Rs 505 on the […]
The Supreme Court of India has abrogated an oft-quoted ruling by the Andhra Pradesh High Court on the applicability of state amendments to central laws. The Court also restated its absolute powers to intervene in any case without the need for an appeal or complaint to push the cause of Justice and refused to be […]
Ever wondered how to safely dispose of your old mobile phone? Wondered what to do with the beyond-repair TV lying in the store-room? Enter Attero Recycling, a Venture Capital funded start up targeting the emerging Indian market for recycling. Thanks to new environmental regulations under process, all electronics companies will have have ‘take back’ mechanism […]
After entering a hyper growth face, India’s telecom market seems to be finally cooling off, with subscriber addition numbers showing a sudden drop off in April and May. The net wireless addition for the month of May, the latest for which data is available, was just 13.5 million, down from 15.34 million in the previous […]
Shashi Tharoor may be the original twitter warrior, Omar Abdullah may have 40,000 followers, but it is the comparatively low-profile Anand Sharma who is taking his ministry to Facebook. The ministry of Commerce and Industry, under a rather dynamic information officer, has put out its public relations arm on Facebook. While the ministry of external […]
The Telecom Regulatory Authority of India (TRAI), India’s regulator for the media and communications sector, has pulled up major broadcasting companies for violating its pricing rules for TV channels. The regulator, in separate letters addressed to Sun Network, Start Den (of the Rupert Murdoch group), Zee Turner, Taj (Ten Sports), Neo Sports & ESPN, directed […]
With another disappointing quarter from Wipro, the stage is now all set for the ascendancy of the Chennai-based Cognizant Technology Solutions (CTS) into the hallowed group of India’s top 3 IT companies. The top 3 slot had been occupied by Tata Consultancy Services, Infosys Technologies and Wipro for as long as most people can remember. […]
HTC Corporation has launched its ‘facebook phone’, the ChaCha (or ChaChaCha) in India at a price of around Rs 16,000. The phone has been launched in association with Tata DoCoMo, which basically means that you get a lot freebies if you buy it from Tata DoCoMo. The phone is available to everyone, whether a DoCoMo […]
Disagreements have cropped up between the Department of Telecom and the Telecom Regulatory Authority of India (TRAI) over the cancellation of 31 licenses belonging to Loop Telecom, Sistema Shyam (MTS) and Uninor (Unitech-Telenor) See chart of the licenses While the regulator wants these licenses to be cancelled for failing to launch services within two years […]
‘Tis verily the season of mobile banking predictions. Shortly after the Boston Consulting Group surprised even the optimists with a $350 billion possible market-size for mobile transactions in India in four years, Gartner has come out with a forecast warning of lower than expected growth in developing markets. At present, the Indian mobile transaction (also […]
