Two days after it pulled up state Urban Development officials for giving ‘environment clearance’ to the Adarsh Society without any jurisdiction, the union environment ministry has again lashed out against the state government, this time for issuing a clearance to the Lavasa hill city. In a long-winded order, the ministry headed by Jairam Ramesh pulled […]
Free clones of Red Hat Enterprise Linux have been increasingly left behind by the Debian-based Ubuntu, primarily because of the up-to-date nature of the latter. For example, Red Hat’s RHEL 5, on which most of the free clones such as CENTOS are based, was released almost four years ago. In comparison, Ubuntu refreshes itself every […]
The Ministry of Environment & Forests (MoEF) has ordered the embattled Lavasa Corporation to continue to abide by its earlier ‘status quo’ order, according to highly placed sources in the ministry. The ministry was supposed to reach a decision on the matter after conducting a site visit and inform the Bombay High Court as well. […]
New petroleum minister Jaipal Reddy has announced a cash compensation of Rs 25 lakh to family of Yashwant Sonawane, the Additional Collector of Malegaon, (Maharashtra) who was killed while trying to prevent oil pilferage. The oil companies were told to soon reintroduce the marker programme for PDS Kerosene, under which Kerosene is mixed with a […]
Finance minister Pranab Mukherjee said Indian government agencies have detected nearly Rs 49,000 crore of undeclared income and collected an extra Rs 34,600 crore of extra taxes. About Rs 15,000 cr was discovered in the last 18 months, Mukherjee said in an apparent attempt to mollify angry courts, a day before a crucial Supreme Court […]
Former telecom minister and BJP leader Arun Shourie hit back at telecom minister Kapil Sibal for raising aspersions at his stint as the telecom minister in 2003. Shourie mocked Sibal for trying to defend his jailed predecessor A Raja and said such efforts only served to drag the Prime Minister into the net. “He is […]
The National Alliance of People’s Movements, led by Medha Patkar, has welcomed the environment ministry’s move to impose tough restrictions on the Lavasa Hill Township project near Pune. “The Report and the Final Order is indeed courageous and honest on the part of the MOEF committee,” the NGO said in a statement. Patkar’s NAPM has […]
Shortly lauding the ‘first come first served’ policy for lowering telecom tariffs and spreading telecom to all classes, telecom minister Kapil Sibal on Friday said the policy was the root of all evils in the spectrum controversy. Sibal also defended his predecessor A Raja, in jail on charges of manipulating the ‘first come, first served’ […]
Legal experts pointed out that the two sections under which Raja, Behura and Chandelia have been booked indicated the possibility of further arrests, including those from the private sector and their lobbyists. The CBI has booked the trio under the sections dealing with ‘criminal conspiracy’ and ‘criminal misconduct by a public servant’ of the Indian […]
Standard Chartered Bank of Britain has been granted permission to set up a ‘stock exchange’ trading in currency and interest-rate futures in India. The ministry of finance said that the Bank, through its Mauritius subsidiary has been granted the relevant permission to acquire an Indian company to set up the exchange. Currency and interest rate […]
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, […]
India’s largest consumer of diesel generators and its larges tower firm Indus Towers is considering replacing diesel generators with solar panels. The company, jointly owned by mobile operators Bharti Airtel, Vodafone Essar and Idea Cellular, buys up nearly 35% of all diesel generators made in India. “The initial program will cover 2,500 towers,” said BS […]
The one-month investigation report on the internal goings on in the Department of Telecom during the “2G scam” has implicated many of the top officials in the department during the last five years. The government, which officially received the report from the former Supreme Court judge Shivaraj Patil on Monday, however kept mum on the […]
Alarmed by the increasing number of large projects falling foul of an ‘activist’ environment ministry, the largest industry forum in the country took its gripes right to the doors of the environment minister Jairam Ramesh. However, after holding closed-door discussions with top industry heads from the Confederation of Indian Industry (CII), however, said laws are […]
Worldwide PC shipments totaled 93.5 million units in the fourth quarter of 2010, a 3.1 percent increase from the fourth quarter of 2009, according to preliminary results by Gartner, Inc. These figures were below Gartner’s earlier forecast of 4.8 percent growth for the fourth quarter of 2010. “Overall, holiday PC sales were weak in many […]
Despite decent numbers, Infosys has put out a disappointing guidance for the March quarter – forecasting just 1-2% growth in revenues to $1.6-1.62 billion, compared to the 6% growth posted in the December quarter. The company seemed to be worried about the economy in general as well as with the currency fluctuations. “The weaker economic […]
HP has regained the crown as India’s number PC and laptop brand, nearly a year after it first lost the laptop crown to Dell. HP’s marketshare zoomed to 17.3% from below 15% during the previous quarter while Dell’s share hovered around the 14% mark. Acer remained at the third place at 11.5% during the quarter. […]
