The Department of Telecom has sought a review of the Wimax franchisee agreements inked by BSNL with private companies. It has sent a letter to the BSNL board earlier this month, a DoT official said on the sidelines of the EliteX 2011 event in New Delhi. He said the company has been given a month […]
Jairam Ramesh, minister for environment and forests, has asked Delhi and Haryana to stop passng the buck on taking responsibility for cleaning up the Yamuna. The Yamuna has already seen thousands of crores of rupees being spent in “attempts to clean up,” but remains as polluted as before. Most of the money, critics say, has […]
India will spend Rs 200 crore over the next five years to study the impact of aerosols, particularly black carbon or soot, on climate change. It will include increasing the number of observing stations from 36 to at least 60. India already has a head start in the study of the impact of black carbon […]
India, which cannot manufacture even a single electronic chip, has one of the world’s largest chip-related industry, according to the latest study by the Indian Semiconductor Association. The chip-related industry is worth around $7.5 billion and will reach $10.2 billion in two years, said the Association in the first of its kind estimate of India’s […]
As Hon’ble Members will recall, several members had raised allegations, based on reports in a newspaper, about purported cables from the US Embassy in New Delhi to their authorities in Washington. In response to the request from the Leader of the Opposition, I had made a statement on this subject in this House on March […]
Short on the heels of Sony, which launched India’s first AMD Fusion powered notebook, World number 3 laptop brand Acer introduced two new full-sized models with full day computing. Unlike other manufacturers such as HP and Sony, Acer has launched full sized notebooks — 14 and 15.6 inch — on the AMD Fusion E series […]
European magazine GEO is all set to launch in India after it got approval today from the Finance ministry for investing in the country. It will initially invest Rs 7.35 crore to launch the Indian edition. GEO one of the most popular magazines in Europe and is based out of Germany. The first edition of […]
Meeting Lalu Prasad Yadav, the then railway minister, was an “unforgettable experience” for the then US Ambassador to India, David Mulford, according to a cable released by Wikileaks. Mulford, who described Lalu as “as one of the most savvy, colorful, grassroots politicians in India,” however, was disappointed by the rather ‘serious’ Lalu that he encountered. […]
Robert O Blake, the interim US ambassador to India in 2005, praised the then newly elected Communist Party of India (Marxist) leader Prakash Karat as “a talented and skillful leader, well-aware of his political importance.” The cable, sent in May 2005 busted two myths — one, that the US embassy did not try or succeed […]
UP is the state most vulnerable to Islamic terrorism and extremists seemed to operate with impunity in the state, worrying the community elite; according to the US embassy’s survey after 2006 Mumbai bombings. An embassy survey among Muslim intellectuals in Lucknow, including Maulvis (both Sunni and Shia), Urdu language journalists, political and community leaders, scholars […]
Warning against ‘agents of the Congress and the BJP’, the Aam Aadmi Party has called upon social activist Anna Hazare to give up his fast and join the electoral movement. “While expressing our full support for the cause for which Anna is fasting, we call upon him to give up his fast and join the […]
Bharti Airtel Ltd said it has raised a further 250 million euros (Rs 2,100 cr) by reopening an earlier bond issue, preparing itself for the upcoming spectrum auction. Airtel has already raised 750 mln euros from the bond issue in December. Bharti is expected to bid aggressively for spectrum in the coming auction, and has […]
While housing prices in some markets in the country may see a correction, overall, property prices are not in a bubble situation, Keki Mistry, CEO of the Housing Development Finance Corporation (HDFC) of India said. Mistry, leading one of India’s biggest housing loans provider, did not seem overly worried about the possibility of a correction […]
Loop Mobile has chosen the unexpected option of not participating in the upcoming spectrum auction, even though its spectrum and license will expire in November. That means the company is taking a big risk as the mobile operations were valued at about $0.8-1.0 billion in 2005 when it changed hands from long-time promoter BPL’s TPG […]
There seems to be no respite in the offing for India’s real estate sector at least during the first half of the calendar year 2014, believe majority of players in the realty sector, highlighted the ASSOCHAM survey. ASSOCHAM survey covered about 1,000 developers, real estate brokers and agents, property consultants and senior officials of various […]
HCL Technology’s 3% constant currency growth in revenue in the December quarter was slightly above estimates, as the market was looking at about 2.8% constant currency growth. Rupee revenue growth was 2.8%, also in line to slightly above estimates. The stock was up 2.8%. Depreciation of the US dollar meant that the 3% growth in […]
Buckling under accusations of large-scale diversion of funds and violence associated with the ‘food for work’ program, the Central government has warned states that it will not release funds unless allegations are probed in a timely manner. The National Employment Guarantee Scheme has been under the spotlight after an activist was killed by local level […]
Tata Consultancy Services reported a third quarter only mildly below expectations, but the stock is likely to see some profit booking on Friday. TCS reported dollar revenue growth of 3% quarter on quarter, missing average analyst estimates of 3.5%. Volume growth came in at 1.8% compared to expectations of about 2.25%. However a slight increase […]
One of the most powerful tablets in the market today, the LG G Pad 8.3 Google Play Edition – has been launched in India by shopyourworld.com at a price of Rs 30,000. The 8.3 inch tablet comes with a full HD display, a quad-core 1.7 GHz Krait 300 processor and 2GB RAM. The LG G […]
Cornering over one-fourth share of the total number of new jobs advertised on portals and newspapers, Delhi-NCR has emerged on top with over 1.39 lakh new jobs created during the calendar year 2013, industry body Assocham said, quoting an in-house study. The survey analysed the vacancies posted by about 4,500 companies via job portals like […]
