IBM, the world’s largest IT company, is fast catching up with the world’s biggest computer maker HP in the server market, according to the latest quarterly data from Gartner. Unlike HP, IBM also plays in the ‘Mainframe’ market — massive computers that were dominant till the 1970s and approached within striking distance of HP’s market […]
In one of the most daring and audacious moves in Indian telecom sector in the last two years, the Russian operator MTS has cut down all STD and local charges to half a paisa per second. The offer is around 20-50% cheaper than the lowest tariffs offered by competitors in the country. Most operators are […]
The Government of India is considering legal options to prevent Yoga guru Baba Ramdev from conducting his massive fast cum demonstration in Delhi’s Ramlila grounds, according to sources. The Government, which has already tried to reason with the Baba, feels that allowing him to hold a fast in full public glare will lead to instability. […]
The Delhi High Court blast was carried out using ammonium nitrate and other chemicals, according to sources in Delhi police. The remains of the blast has been carried off for forensic examination yesterday. Sources said the bomb was designed for maximum impact and nails and bolts were packed inside the package for creating maximum injury. […]
Speak Asia, the alleged chain marketing firm under media glare, is set to move the Supreme Court challenging the freezing of its accounts by major Indian banks. The company, which claims its a market research and direct selling organization, is registered in Singapore, but has lakhs of members from India. It is under scrutiny for […]
The Delhi High Court has reserved its order on DMK leader Kanimozhi’s bail plea, indicating that Kanimozhi still stands a chance of getting bail. Bollywood financier and Cineyug head Karim Morani’s bail plea was rejected earlier this year, leading to speculation that Kanimozhi’s plea too will meet the same fate. None of the alleged conspirators […]
The BJP has ripped Textiles minister Dayanidhi Maran’s defence against allegations of corruption over the allotment of licenses to telecom operator Aircel. Maran had said the investment by Maxis — a Malaysian telecom operator which owns Aircel — into the Maran group cannot be termed as a bribe since the investment happened six months after […]
The crude bomb that exploded in the Delhi High Court parking was supposed to set off a second explosion using the nearby car, Delhi police officials suspect. According to them, they are now coming round to the theory that the bomb was carefully planted for maximum impact. “It had nails and bolts in it and […]
India’s beleaguered state carrier Air India has found itself facing yet another crisis after the three state-owned oil companies have refused to refuel some of its jets today. It is reported that oil companies have imposed a cut of 20% on their supplies to Air India. Air India was forced to cancel six of its […]
Inflation will remain high for most of the year and the domestic product (GDP) will fall to 8%, according to a survey of economists by FICCI. Unlike the earlier target of around 5% for the yearly price rise (inflation), the economists now accept a “new normal” for inflation — around 7-7.5%, the survey said. Current […]
China has become home to the World’s highest number of Internet video consumers, according to the latest ‘Virtual Network Index’ report by the biggest networking firm, CISCO. According to it 284 million Chinese, around a quarter of its population, watch video on the Internet while only 9.6 million Indians — less than 1% of India’s […]
The Supreme Court has asked cricketer and former Indian captain Sourav Ganguly to return a controversial piece of land in Salt Lake City allotted to him by the Left front government for setting up a school. A Bench comprising of Justices G S Singhvi and A K Ganguly has told Ganguly to comply with the […]
Indian home minister P Chidambaram has drawn a scary picture of Pakistan’s predicament in his opening address in front of a visiting US delegation. The minister called the Afghanistan-Pakistan complex the “global epicenter of terrorism” and drew a bleak picture of where India’s immediate Western neighbour is headed, as a country. “Today, different terrorist groups, […]
Many oil-rich Gulf states, ostensibly allied with the United States, have a policy of turning a blind eye to the terror planning and financing activities on their territories with Kuwait and Qatar being the worst offenders, according to a US diplomatic cable. Saudi Arabia has done the most to disrupt terror networks, particularly the al […]
The Supreme Court has dismissed a plea that asked for a re-examination of the All India Engineering Entrance Exam after papers were leaked. The AIEEE examination results can now be released by the Government body. The Supreme Court said that nearly 10 lakh students have been waiting for the results of the examination and they […]
Hillary Clinton warned Pakistan against getting into a trap of Anti-Americanism and conspiracy theories while ignoring the real dangers that the country faces. In an apparent response to the turbulent domestic scene — where many fundamentalists leaders are calling for a anti-American measures from Pakistani government in return for the Osama killing and drone attacks […]
The US State Department was concerned about the terrorist-charities increasingly taking over the functions that should ideally be carried out by the Pakistani government. In a cable written on 30 December 2009, the US State Department urged the US ambassador to Pakistan Anne Patterson to convey its worries over the development to the local government. […]
Subhash Chandra’s Zee group and Rupert Murdoch’s Start group will float a new joint venture to start a digital cable revolution in the country. Zee will merge its distribution arm Zee Turner, while Star will merge its Star Den arm. The idea behind the JV is to make the big investments required for competing with […]
The three state-owned oil companies have restarted their fuel supplies after the Airline promised to pay its dues as soon as it gets an equivalent amount from the Government of India. The Government of India owes the carrier around Rs 1,150 crore which will now be redirected to the oil companies. The money is owed […]
Anil Ambani’s Reliance Communications, one of the largest telecom operators in the country, has decided to sell its stake in tower subsidiary Reliance Infratel to pay off its substantial debt. “The Board [of RCOM] has approved taking the process to the next stage of detailed due diligence, etc., with a view to completing such a […]
