Lee Kwan-Yew, the World’s longest serving prime minister and the architect of modern Singapore, sees India’s rise as a welcome development, but felt the Indians were a sensitive lot who had to be handled carefully. Lee also expressed his worries about Malaysia, which he called a “divided society” thanks to race politics, according to a […]
The telecom regulator has invited feed-back on an industry-wide transition to clean energy. The Telecom Regulatory Authority of India (TRAI) has suggested htat a total switch-over from diesel would save nearly 200 crore litre of diesel or Rs 6,500 crore per year. “With the double whammy of increasing energy consumption and rising cost of fossil […]
The Tata group purged millions of connections from its telecom networks in July, according to the latest telecom subscription numbers provided by the Telecom Regulatory Authority of India (TRAI). Also, according to the TRAI, monthly addition of wireless subscribers in India fell to just 6.67 million in July this year, the latest month for which […]
It’s been just five years since K Ganesh, one of the pioneers of the Indian BPO industry founded Tutorvista.com — aimed at remotely tutoring American kids who could otherwise not afford private tuitions. Five years and 2,000 teachers later, Ganesh has handed control of his firm to the world’s largest educational materials provider — the […]
China-based Lenovo, the company that bought IBM’s PC business, today announced that, based on current trends, it is likely to overtake US-based Dell as the World’s second largest PC manufacturer by the end of 2011. Lenovo had broken into the top 3 after a long struggle in in the first quarter of this year, as […]
More than two years after the US and the the Nuclear Supplier’s Group and years after Indian firms inked deals with French and Russian firms, the US has finally sent a delegation to explore and ink deals with its own firms. Commerce Secretary Gary Locke has brought heads and officials from 24 US firms in […]
Tata Consultancy Services (TCS) remained the top IT firm in the country last year while HP did the most business in the Indian market, according to the 2th annual Dataquest survey of the Indian IT industry. While India’s IT services exports went back to their high-growth ways in the last year, the BPO numbers provided […]
India lobbied the US against imposing sanctions on Iran for trying to develop nuclear weapons, considered a US suggestion to put troops on the ground in Afghanistan and was concerned about Bangaldesh and the Gulf emerging as new terrorist routes into India, according to Wikileaks documents. The revelations have come in the latest batch of […]
BSNL’s threat to block calls from private operator networks from reaching its subscribers for their alleged failure to pay dues may lead to a tit-for-tat response from the private operators as well. Reacting to the threat by BSNL to block calls from several leading cellular operators to its network, the Cellular Operators Association of India […]
Price rise continued to be high during the third week of January, according to numbers released by the Commerce Ministry on Thursday. The highest price increase was, expectedly, in Onions. Prices were more than double that of the same week a year ago, resulting in a whopping whole-sale price increase of 130% for the vegetable. […]
Wipro posted IT Services revenues of $1.344 billion, a sequential increase of 5.6% and year on year increase of 19.3%. It is slightly lower than those of TCS and HCL Technologies, both of which grew dollar revenues in the 7-8% range. Infosys had grown by around 3% only. In Rupee terms, revenue was Rs 5,949 […]
All three finalists in the National Geographic Bee Championship, one of the most prestigious academic competitions in the world, turned out to be of Indian origin. Rahul Nagvekar beat Vansh Jain of Wisconsin and Varun Mahadevan of California in the finals held on Thursday in Washington. The finals saw US President Barack Obama ask a […]
HP, arguably the World’s largest IT company, has opened two out of the four new IT outsourcing facilities it plans to add in India this year. The two facilities, part of its plan to make India one of its six global hubs for services, will provide Infrastructure (technology) Outsourcing services for HP’s global clientbase, it […]
A year into its African Safari, India’s largest telecom operator Bharti Airtel has won a license to operate 2G and 3G services in Rwanda. Together with the 16 countries inherited from Zain, Airtel will not be present in 17 countries in Africa. Rwanda, located in in central and eastern Africa, has a population of approximately […]
Motorola, on a comeback trail, has launched the Motorola Fire, a 3G Android touch-cum-qwerty phone that can only be described as disruptive technology at an irrestible price. There are, of course cheap Android phones etc., but usually they come from a new or unheard of brand and extract a price in terms of quality, design […]
Model and upcoming actress Arshi Khan was selected and crowned Miss Maharashtra Global Tourism on Saturday 15th February 2014, as part of the ongoing Miss Maharashtra King & Queen 2014 Pageant. She will represent the State of Maharashtra at the Global Tourism event and conference – Miss Global Tourism 2014, to be held in April. […]
The government will introduce the new Companies Bill in the Budget session of the Parliament beginning on the 21st and mandate international accounting rules in the new year, officials said. The ministry of Corporate Affairs also said there would be no mandatory provision requiring companies to spend 2% of their profits for social welfare purposes, […]
R.S.Sharma, chairman of India’s largest oil and gas firm ONGC, said he saw no immediate respite from climbing crude oil prices and said his own firm’s profits will be hit due to the spike. “I don’t think there is going to be immediate respite and the outlook is not comforting,” Sharma said while inaugurating the […]
Indian exporters posted yet another better than expected month in January this year, posting a growth of 32.5%, making January only the second month of $20 billion plus of exports ever. The $20 billion mark was breached in December last year when exports of goods were estimated to be around $22 billion. In all, Indian […]
Research In Motion, maker of the Blackberry smartphones, has denied that it intends to expose the communication of its corporate clients to the Indian government, but said it will allow legal access to consumer accounts. It also said that rumors about a planned move to give Indian government “full access” are hurting business. The company, […]
