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 […]
The unexpected arrest of the former minister and two officials in the 2G scam has caught many by surprise, but for the original 2G scam petitioners in the Supreme Court, the move smacks of political maneuvering under increasing legal, political and public pressure. “I don’t know how serious the investigation is,” said Prashant Bhushan, counsel […]
Not everything contained in the US diplomatic cables leaked by Wikileaks is news. However, many cables are interesting not because they reveal new information about their subjects, but they give a clue about what interests the American government, what it keeps tabs on and how it views developments. The American government has great interest in […]
Departing from the noncommittal statements of his predecessor Sharad Pawar, the new food minister KV Thomas has squarely blamed traders and intermediaries for the recent spike in onion and vegetable prices. Thomas, discussing the matter for the first time after taking over as independent minister of state for food, public distribution and consumer affairs, said […]
After Idea slashed its 3G rates, it is the turn of Reliance Communications. The firm has tripled its allowance for 3G data plans of upto Rs 408. However, unlike Idea’s offer, RCom’s 3G offer is only valid till end of October (next month.) Also, unlike Idea, Reliance Communications is not offering cheap rates across all […]
Following a telecom ministry directive, the Telecom Regulatory Authority of India (TRAI) has urged the government to determine the price of extra 2G spectrum through auction if it also cancels licenses of those who have not started operations. In case the government does not cancel licenses of new operators, TRAI suggested fall-back prices that would […]
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 […]
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. […]
IT Bellwether Infosys Technologies has reported a 6% sequential jump in dollar revenues and a 6.1% increase in net profits during the December quarter, in line with expectations. Year on Year, revenues jumped 28.7% and profits were up around 19%. Total revenues were $1.585 billion and net income was $397 million.
State run fuel retailers have increased price of petrol by around Rs 2.5 per litre, barely a month after a Rs 3 per litre increase in response to rising international crude oil prices. Petrol is likely to cost around Rs 63 per litre in Mumbai after the hike. The hike was prompted by a global […]
Environment minster Jairam Ramesh has hinted at a more considerate policy towards companies in his post-reshuffle stint in environment ministry. Using his special powers to over-turn a rejection of forest clearance to one of India’s biggest iron ore mines in Jharkhand on Wednesday, he said as a minister, he had to take a broader view. […]
The Prime Minister of India announced a reshuffle and reallocation of portfolios in his ministry. RTN gives your the new ministers and their new portfolios: CABINET MINISTERS: 1. Shri Praful Patel : Heavy Industries and Public Enterprises 2. Shri Shriprakash Jaiswal : Coal 3. Shri Salman Khursheed : Water Resources and additional charge of Minority […]
