The Anil Ambani group got approvals for starting 18 TV channels in 2008, even as applications for starting another 34 channels are pending with the government, according to data from the ministry of information and broadcasting. The ministry has kept pending all the applications tendered by Ambani for starting news channels, while his applications for […]
A staggering 43 per cent of total investment projects worth a humongous Rs 52 lakh crore attracted by states across India remained non-starter as of March 2013, while over 34 per cent of these investments are stuck at the stage of announcement, implementation of about six per cent of projects has been stalled and there […]
In an attempt to stem the relentless bleeding in the desktop market, Taiwanese major Asus has launched a desktop that does not require a UPS (uninterruptible power system). The new model, with prices starting from Rs 50,000 onwards, also features wireless charging for smartphones, high-speed storage ports, high-speed USB charging etc.. It also seeks to […]
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The government’s move to promulgate a ‘food security’ ordinance to give subsidized food to two thirds of India’s population has drawn a mixed reaction from experts. While on the one hand, nearly all the experts agree that a form of food security is indeed required for the poor who cannot afford to eat, most are […]
While you may not have felt it, there has been an improvement in on-time performance of trains in the Indian Railways, according to numbers given by the ministry of railways. According to them, in July 2013, there was a 5% improvement in the number of trains reaching within 15 minutes of scheduled time compared to […]
The Punjab Wakf Board, which is the custodian of a large number of mosques and related properties, has opposed government’s move to prevent the leasing of land under Wakf boards. The board, in a memorandum to the central government, has opposed a law currently under the consideration of the parliament. If passed, the law will […]
The total number of passengers using the Indian Railways dipped slightly to 210 crore during the first three months of the financial year compared to a year ago, numbers from the ministry of railways showed. Though the dip was minor (0.7%), in terms of number of tickets sold, the difference was nearly 15 million (1.5 […]
One of India’s biggest neutraceuticals and health-food brands, Dabur, has clarified that it was not aware of exports of its products from India to the USA, leading to a US FDA alert. Media reports had said that the U.S. Food and Drug Administration, the agency that approves drugs and medicines and maintains quality of packaged […]
Google has unveiled what seems like a winner for the search company — rich, targeted ads from online retailers next to search results. The new service, called ‘Product Listing Ads’, is far more sophisticated and ‘compelling’ than the link-based ads that used to appear till now. Not only are these richer in information, but in […]
Santosh Koli, one of the 11 Aam Admi Party candidate for the Seemapuri assembly constituency in Delhi, has recovered from her critical condition after an accident last week. Koli and her co-worker were hit by a car on their way to their office a week ago. AAP said Koli, a long time member of Arvind […]
As expected, the Reserve Bank of India today held key interest rates unchanged despite calls from industry lobbies for easing money supply, despite a dip in inflation to about 9.3 percent. The following are key reactions to RBI’s move. CII The quarterly GDP figures point towards a poor health of the economy even while industrial […]
Taiwanese peripherals and laptop maker Asus has signed on a second India-wide distributor to expand its reach across the market. Along with existing distributor Rashi Peripherals, Ingram Micro, a Fortune 100 company, will help the company widen its base, Asus India said. Unlike Rashi, Ingram is an international firm, and is expected to give marketing […]
By now, iBall has made a name for itself in the crowded Indian tablet market by coming out with well-crafted and almost high-end devices at mid-range prices. It recently introduced the quad-core Q9703, the most advanced tablet by an Indian brand. It was also the first to come out with a dual-core tablet, along with […]
SanDisk has tapped Freescale Semiconductor’s India head Ganesh Guruswamy to head its Bangalore-based India Design Center. Guruswamy, who has been appointed Vice President, will be in charge of leading the memory device maker’s Bangalore-based engineering teams to devleop what it called its next-generation consumer storage solutions, including USB flash drives, memory cards, microSD cards, and […]
The tussle between Ahmedabad-based Nirma group and union environment ministry got tighter today as the ministry took strong exception to Nirma refusing to abide by its order. The ministry warned Nirma group that it its refusal to honor the ‘stop work’ notice given by it would be counted as a ‘dereliction’ and would be counted […]
Close on its acquisition of Waze, an Israel-based mapping company, Google is all set to launch a new ‘intelligent’ version of its Google Maps product. The new product will focus on three things – an overall improvement in the quality and sophistication of the product, artificial intelligence and a more ‘social’ experience. In the new […]
India’s trade minister Anand Sharma today held a ’round table conference’ with foreign companies and others to address their concerns about the country’s foreign investment (FDI) policy for the retail sector. The meeting came after many foreign firms, such as Wal-Mart, seemed to have gone slow in firming up their plans for investing in the […]
The government of India has withdrawn its three month old circular on how to calculate taxes payable by captive research & development (R&D) units of foreign companies in India. The circular, which would impact tax rates of companies like IBM, Microsoft, Samsung, GE, Google and others in India, was issued on March 26. While the […]
While many exporters have never been happier thanks to the steep fall in the level of rupee to 60 per dollar, the Electronics and Computer Software Export Promotion Council (ESC) has urged policy makers to take a longer term view. The association pointed out that while, in the short term, exporters will get more rupees […]
