VC-funded start-up tries to make a business out of the nature-lover in you

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 Africa, Bharti bigger than Vodafone & Reliance combined, Aircel fastest growing

Aircel emerged as the fastest growing telecom operator in the Country during the last financial year (2010-11), even as Bharti (including Africa) increased its lead over all others to become more than twice as big as any other operator in India. Smaller operator Aircel, which grew its revenues by 44.1% during the year, narrowly edged […]

India emerges as fastest growing market for semiconductor chips: Gartner

Thanks to its exploding appetite for computers, phones and TVs, India has emerged as the World’s fastest growing market for semi-conductors, more commonly known as electronic chips. Electronic chips, usually black in colour, are the brains of electronic devices and are responsible for controlling their behavior through an built-in system logic which responds to user […]

Anna Hazare group promises nationwide Lokpal agitation from August 1

India Against Corruption (IAC), the umbrella body leading the fight against the Government’s ‘toothless’ Lokpal bill, has unveiled an elaborate and ambitious agitation program for the two weeks leading up to India’s Independence day. The highlight of the program would be distribution of pamphlets, mass burning and tearing of a copies of the Government’s version […]

TRAI insists on cancellation of several Loop, MTS & Uninor licenses as DoT demurs

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 […]

Mobile transactions up 76%, but poor growth in developing countries: Gartner

‘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 […]

Competition Commission okays mega-TPA formation by public sector insurers

The newly-set up Competition Commission of India (CCI) has thrown out an appeal to prevent India’s public-sector insurance companies from forming a single, jointly-owned and powerful TPA or health insurance agency. The complaint was filed late last year by the Indian Third Party Administrators Association, which represents the interests of independent, and mostly small, third […]

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