India’s National Association of Software and Services Companies (NASSCOM), the biggest association of software and services companies, has said that it now expects industry growth this year to be at the lower end of its earlier forecast. It now expects industry export revenues of $75-77 billion in FY 2013. Growth will be led by remote […]
Times Internet, part of the Times of India group, has acquired men’s fashion site MenXP. The Internet company, part of India’s biggest media group, had recently adopted a strategy of buying or tying up with small internet companies that need capital to fund growth. Interestingly, Times Internet, which owns the indiatimes.com portal which hosts the […]
Worldwide sales of mobile phones to end users reached almost 428 million units in the third quarter of 2012, a 3.1 percent decline from the third quarter of 2011, according to Gartner, Inc. Smartphone sales accounted for 39.6 percent of total mobile phone sales, as smartphone sales increased 46.9 percent from the third quarter of […]
Flipkart.com, India’s most successful and arguably the biggest online retail store, has become the first in the country to offer a large-scale collection of e-books – that can be read directly on a phone or tablet, instead of on paper. E-books, or electronic books, account for about half of all the books sold in the […]
People of Philadelphia turned out to be the most generous tippers, while those in Houston tend to eat out the most, acccording to the results of this year’s Google “America’s Top Restaurants Survey.” The survey, covering 1,822 restaurants in 46 U.S. cities and regions, also found the top-rated restaurants across the country. “Winners include perennial […]
1 REPORTABLE IN THE SUPREME COURT OF INDIA CIVIL ORIGINAL JURISDICTION WRIT PETITION (C) No. 348 OF 2010 Centre for PIL & Anr. … Petitioner(s) versus Union of India & Anr. … Respondent(s) with Writ Petition (C) No. 355 of 2010 JUDGMENT S. H. KAPADIA, CJI Introduction 1. The two writ petitions filed in this […]
Worldwide enterprise IT spending is forecast to total $2.679 trillion in 2013, a 2.5 percent increase of projected 2012 spending, according to Gartner, Inc. Banking, communications, media and services (CMS) and manufacturing are expected to offer the largest volume of growth opportunities through 2016. However, given the overall economic uncertainty, the projection may have to […]
Karbonn Mobiles, one of the original Indian cell phone brands, has added five new tablets and smartphones to its range – the biggest one-time launch of products by any Indian brand in recent times. In the new line-up are tablets Karbonn Smart Tab 3 (Blade), Karbonn Smart Marvel (Marvel) and smartphones Karbonn Smart A11, A7+, […]
Can Windows 8 tablets take on Android-based models such as the Nexus anthe Galaxy, and the iPad? Going by the Dell Latitude 10 tablet, they may attract a particular group. On Tuesday, Dell introduced its first Windows 8 tablet in India, priced at Rs 42,490, and a tablet-cum-laptop convertible at Rs 90,490, as part of […]
Indian companies, which have posted nine straight quarters of declining profitability on average, are likely to see earnings rise in the coming quarters due to falling commodity prices, Crisil ratings said. “Based on an analysis of the aggregate financials of 280 large companies across 28 key sectors, CRISIL estimates that EBIDTA margins will improve by […]
If you thought DTH antennas are only for homes, think again. Dish TV has tied up with antenna-maker Gilat to install its antennas on the Maharaja Express, a luxury train in India. The special antennas continuously turn and tilt to make sure that they are pointed towards Dish TV’s satellite, ensuring that the signal is […]
It is a much debated question – Cloud computing results in enormous savings for companies, but will all that saving mean IT budgets (and the IT market) will shrink, hitting jobs everywhere? In other words, when you don’t need an army of IT engineers to install and maintain a huge array of local software in […]
Three key server segments — hyperscale data centers, hosted virtual desktop (HVD) workloads and extreme low-energy (ELE) servers — will offer opportunities for growth through 2015, according to technology research Gartner, Inc. Servers represent the control points of hardware infrastructure in data centers, where workloads and applications reside, and Gartner analysts estimate that end-user spending […]
iBall has launched the first dual-core powered and IPS-display enabled low-cost tablet in India – the PC i9702 Slide – priced at Rs 15,000. The tablet, as already noted, is the most advanced tablet ever launched by any Indian or Chinese low-cost company in India, and has a 1.5 GHz dual-core processor. It also has […]
India Inc this Diwali is severely cutting back its corporate gift budgets by a whopping 45-50 per cent as costs balloon and earnings together with profit margins shrink by the day, according to a just concluded survey by trade body ASSOCHAM. The ASSOCHAM representatives interacted with about 150 different companies with an employee strength of […]
The Telecom Regulatory Authority of India, which had called restricting the launch of TV news channels only to those firms that had assets of Rs 100 crore or more, reiterated its stand after the government said it favored Rs 15 crore as the bench-mark. In its comments on the government’s stand that the networth should […]
Google will hold an all-India ‘Doodle 4 Google’ competition for children in New Delhi in November this year. The event, open to children in the 5-16 age category, requires participants to send in their drawings of the Google logo by post by October 23. Google will also visit “a few hundred schools” in 40 cities […]
In a unique move, Milagrow HumanTech, which is more well known for its tablets, today dedicated its new human cleaning robot model to Saina Nehwal and promised to give a share of its sales from the model to the badminton star. Milagrow launched its range of household robots in January this year. The most popular […]
Kishore Biyani, the visionary businessman who founded Big Bazaar, India’s biggest supermarket chain, came out openly in support of foreign investment (FDI) in retail for the first time since it was permitted by the government a few days ago. Making his stand clear, Biyani said Indian companies would struggle to find the money required to […]
The net non-performing assets (NPAs) of the banking sector in India are increasing at an alarming rate and may cross Rs 2 lakh crore for the fiscal year ending March 2013 from Rs 1.57 lakh crore as in June, 2012, according to industry body ASSOCHAM. Besides, the continuing pressures on Indian economy may also result […]
