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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
In what will be music to netbook owners, the latest release of Debian Linux — most suited for netbooks due to its light requirements — can be copied directly to a USB stick for installation. Owners of netbooks, cheap notebooks that don’t always have a CD-drive, had been at a disadvantage as far Debian was […]
A press conference, intended to address media’s concerns over corruption and scams in the government, backfired after the opposition seized on statements made by the Prime Minister in the interaction. Opposition, including both the left and the BJP, attacked the three defenses put up by the PM when asked about scams. First, the PM Manmohan […]
Lavasa has asked for a six month extension to submit details of its hill city project near Pune. The government had, in an order a week ago, said that the firm should subject all details of its project report so as to come up with a plan to remedy any environmental degradation the company may […]
Sharad Pawar, under attack for failing to prevent price rise, has lost charge of Food and Consumer Affairs ministry. He will however retain charge of the Agricultural ministry as well as get new charge of Food Processing industry. The shift is seen as a repercussion of the allegations of conflict of interest between Pawar’s role […]
