Soon after the Adarsh land scam in which defence land was hand over to a housing society by officials who also flats in the building, Defence minister AK Antony has announced a massive audit exercise to check defence land utilization. The Defence forces, under the Director-General of Defence Estates (DGDE), has nearly 17 lakh acres […]
India has come out with details of a suspected ISI officer named Major Iqbal who is reported to have been named by the US government in its second charge-sheet on the Mumbai terror attacks in a Chicago Court. In an extra-ordinary step, the home ministry (under the leadership of P Chidambaram) issued a statement giving […]
India’s electronic chip market — an indicator of overall electronics consumption — grew by a whopping 28% in 2010 — according to research conducted by the Indian Semiconductor Association and Frost & Sullivan. The consumption of electronic chips — almost none of which is produced in India — rose from $5.1 billion in 2009 to […]
Spurred by intense competition, India’s DTH or direct-to-home market grew by a whopping 22.4% in just the last three months of 2010, numbers from the Telecom Regulatory Authority of India have revealed. The growth is the fastest rate of growth for the industry in several quarters and seems to indicate that the DTH industry — […]
Responding to calls to relook at negotiations with Pakistan after the death of Osama bin Laden in Pakistan, the Congress Party has said that it too favored negotiations only after Pakistan comes clean on support to anti-India terror groups. “Support for negotiations is predicated on the fact that Pakistan stops support to terrorists and terror […]
Even as the government prepares an ambitious broadband program, Internet penetration in India is slowing down, according to TRAI numbers. Rate of growth of Internet connections (including slow connections) fell to just 4.4% during the December quarter, or 23% compared to the last three months of 2009. According to the latest data, India – which […]
Google’s Android operating system, which overtook Symbian to become the number one smartphone platform in December quarter, increased its lead over others in the March quarter, London-based Canalys Research said. India, along with China and South Korea were the best performing markets in terms of growth for smartphones, registering 100% or higher growth. Android, which […]
Offence is the best way to defence. This is what Pakistan has decided to do after coming under heavy international criticism for its failure to track the Al Qaeda Chief,Osama Bil Laden,who was hiding very close to the capital Islamabad. The Abbatabad mansion, where Osama has been living for the last five years, is just […]
Fruit prices continued to trend uncomfortably upwards during the third week of April, according to the wholesale price data released by the government. While overall primary article (food and fuel) prices remained higher by around 12% compared to a year ago, fruit prices were up nearly 33%. Primary article price rise has remained in the […]
All the major enterprise software vendors increased their revenues in 2010, but Oracle grew substantially faster than others like IBM, Microsoft and SAP, according to Gartner. The overall enterprise market itself grew by $20 billion — a healthy 8.5% — to hit $245 billion, thanks in part the $6 billion jump in Microsoft’s revenue in […]
Coming down heavily on the Income Tax Department for not being fast and on time for submitting the papers related to the investigation into the 2G scam in the Apex Court, it said no matter how big and wealthy the accused are no body should be spared. “The IT department must be quicker. This is […]
Info Edge, the company behind Naukri.com and one of the few Indian firms to survive the dotcom bust, has announced a Rs 9 crore investment into group-buying portal mydala.com. The investment is the sixth as part of the Info Edge strategy to invest in internet start-ups. “Online deal sites have now emerged as a platform […]
India’s biggest industry body, the Confederation of Indian Industries (CII) has criticized the raising of interest rate by the Reserve Bank today, pointing out that the relentless inflation is caused by factors external to India. The Reserve Bank, in charge of controlling price rise by managing the amount of money pumped into the market, raised […]
Eight international soldiers and one contractor were killed in a fight at the Kabul airport today.Some sources say that six were killed. A gunman wearing the uniform of an Afghani pilot came into an argument with soldiers of the International Security Assistance Force (ISAF) early in the morning around 11 o clock local time (06.30GMT) […]
Word of God Fellowship Inc, a controversial Christian evangelistic group with a global TV empire, has been given approval today to set up a fully owned Indian company to redistribute TV channels in the country. The Fellowship, led by Christian evangelist Marcus Lamb and his wife Joni Lamb were in the news four years ago […]
The Telecom Regulatory Authority of India (TRAI) has again opened the subject of interconnection charges, much to the consternation of big operators like Bharti Airtel, Vodafone Essar etc.. Interconnect charges are paid by the mobile operator from whose network a call originates to the mobile operator on whose network it ends, i.e., on whose network […]
The French Asset Management firm Natixis Global Asset Management has sought the government of India’s approval to enter the Pension Funds management business in India. The Government’s foreign investment promotion board (FIPB) on Tuesday deferred the proposal to its next meeting. The investment by Natixis will be done ‘indirectly’ through another company, the FIPB said. […]
India’s top Patent officer, the Controller General of Patents PH Kurian has announced that India will join the Madrid System of Trademarks within one year, setting off a warning to Indian companies to ‘register it, or lose it’ as far as their brand names are concerned. India had been negotiating with the World Intellectual Property […]
Indian IT outsourcing firms, including TCS and Infosys, grew faster than their global peer to increase their share from 4.8% of the global outsourcing market in 2009 to 5.5% in 2010. As a unit, Indian outsourcing firms grew 18.9% in 2010 while globally, IT services industry grew by just 3.1%. Indian firms, however, continued to […]
According to a press release from the United States embassy in New Delhi the US Ambassador to India, Timothy Roemer, has decided to resign from his post due to “personal, professional and family considerations”. He took the responsibility in India two years ago. “When I accepted this job two years ago, I told President Obama […]
