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 […]
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 […]
Worldwide software as a service (SaaS) revenue is forecast to reach $12.1 billion in 2011, a 20.7% increase from last year’s $10 billion, market research firm Gartner said. Nearly all of this revenue comes from companies as the research agency had put enterprise part of the SaaS market at $10 billion. SaaS is so-called because, […]
Sistema Shyam TeleServices, owner of the MTS brand and one of the most innovative operators in India, has announced that it will convert its CDMA network along all of India’s major roads to high-speed (EVDO) technology. As a first step, it has converted the 265 km Delhi-Jaipur highway stretch to high-speed CDMA and even launched […]
Web graphics and multimedia company, Adobe Systems, has acquired EchoSign, provider of a web-based electronic signature service — a move that may have far reaching consequences for how electronic documents are authenticated and certified. Digital signatures, though invented several years ago, have not quite taken off due to the cumbersome nature of creating and checking […]
Bharti Airtel, India’s biggest telecom company, has again reorganized its business structure as the company grapples with reducing profit margins in an increasingly commoditized communications market. Atul Bindal, President of Mobile Business, has been moved out and from the preliminary signs, it looks like the CEO Sanjay Kapoor’s hands have been strengthened. Bharti has moved […]
The emergence of tablets like the iPad, the Xoom and the Galaxy Tab is starting to affect the growth of the PC market, Gartner warned. Overall PC shipments during the second quarter was up 2.3% globally — below Gartner’s initial projection of 6.7%. The trend was especially visible in the US during the quarter ended […]
Even as the government was left reeling from the impact of the second cabinet minister to resign over the 2G scam, the main opposition party the BJP opened a new front of attack with allegations of a ‘coal scam’. The party released a list of coal block allocations approved by the Central government over the […]
World’s number two PC maker Acer has fallen two ranks to the fourth place in the second quarter of this year, numbers released by Gartner revealed. Acer had been the consistent number two in global PC sales — primarily because it focused on low prices, low margins and decent profits through high volumes. Acer’s global […]
Idea Cellular, the mobile service provider from the Aditya Birla group, has overtaken the state-owned Bharat Sanchar Nigam Ltd (BSNL) to emerge as the fourth largest mobile operator in the country. Idea, which started its life as Tata Cellular and later transformed itself to the Batata (Birla-Tata-AT&T) alliance, has been one of the fastest growing […]
Greenpeace, the World’s most vocal environmental activist group has upped the ante against private mobile operators in its fight to get them to “switch off diesel” and move to renewable energy for towers. The activist group has launched a nation-wide sticker campaign against operators under which it will distribute stickers to mock their refusal to […]
The Bennett, Coleman & Co Ltd, popularly known as the Times of India group, has decided to tweak its strategy for the online market (Internet). The group, which has always been pushing its ‘indiatimes.com’ brand, has now decided to co-opt other dotcoms in a partnership that it hopes will benefit both parties equally. Realizing that […]
As the Monsoon completes its onset across the whole of the subcontinent, latest rainfall indicate a comfortable situation for the country as a whole. At of yesterday, most of the regions of the country have received comfortable amount of rainfall and though, for the country as a whole, rainfall this season was 3% below average. […]
The return of growth has been accompanied by a strong appetite to increase spending on BPO projects, according to IT research firm Gartner. A survey of 600 mid-to-large companies in 14 countries found 54% of the respondents looking to increase their BPO spending this year by 5% or more. Out of this, 20% (of the […]
Despite Idea’s PR agency denying the accuracy of a story published by RTN almost a month ago, Vodafone India has reportedly confirmed the existence of 3g pact between itself and Idea. According to a report by the Hindu Business Line , Vodafone confirmed to the paper that the company does Indeed have such an agreement […]
The Corporate Affairs ministry, headed by Murli Deora has tried to play down the ‘clean chit’ that it allegedly gave to the Essar group and Loop Telecom on violating cross-ownership rules in Telecom. The controversy arose after the Supreme Court directed the CBI not to be influenced by the Ministry’s certifications or deviate from the […]
India’s largest IT services company TCS has announced a 6.3% jump in revenues for the second quarter. Net Profit at was Rs 2,415 crore, up 26.7% year on year, but down 2% compared to the first quarter of this year. Total revenues at were at Rs 10,797 crore up 31.4% Y-o-Y. CEO N Chandrasekaran said […]
