Akai has launched one of India’s cheapest large-screen LED TVs – the 29-inch LED29E12 priced at just Rs 21,990. In comparison, the cheapest 32-inch LED model (not full HD) from Samsung costs Rs 29,000. According to the specifications, the Akai model may not have full HD resolution either, as the resolution has not been specified. […]
If you are worried by the rising petrol prices, you may have relief in sight, according to a study by Assocham. Dollar, which rose to the current Rs 53-57 level at the beginning of this year, is likely to drop below Rs 50 in less than three months, a study by the industry association claimed. […]
Google’s ‘Entrepreneur Day’ is coming to India, or more specifically, Delhi. Part of its new ‘Google for Entrepreneurs’ program, the one-day event is aimed at getting technology-start ups more clued in to what the market wants, what works and what doesn’t, what tools are available and towards building a broad partnership. It is holding various […]
The iPhone 5 may be officially launched in India only by the year-end, but private sellers are already offering the latest model from apple at a price of Rs 59,990 on ebay. The pricetag, for the 16 GB version, is about 40% higher than what the iPhone 4S 16 GB model sells for in India. […]
Arvind Kejriwal’s party politics is going to be a mix of idealism, populism, socialism and perhaps a few impractical, if well-intentioned, ideas. Kejriwal’s India Against Corruption unveiled their new party manifesto in Delhi today, highlighting eight main goals and demands for the new party. The eight demands are as follows – 1) A more direct […]
Mobile TeleSystems (MTS), which launched its 100 mbps ultra-fast 4G mobile broadband in Moscow region, will cover 98% of Moscow by the end of the year, Nokia Siemens Networks, its hardware partner for the roll out, said. It will also double the coverage in Moscow region from the current 40 towns. The company has migrated […]
The opposition today sharpened its attack on government’s decision to allow foreign investment into the Indian retail sector, saying that it will convert Indians into mere workers. “Right now, if someone does not get a job, he sets up a small shop. After FDI, Indians will become mere salesgirls and salesboys. The owner will be […]
Mamata once again reiterated her demand for a “minimum 24” gas cylinders per year for each family in India. She said the government’s assertion that an average family needs only 1 cylinder every two months is a “mockery.” “You ask your wife, anyone.. how many cylinders are used.. You need at least two a month,” […]
Axis Bank has beaten others like HDFC and ICICI in the number of ATMs in India, a report by Assocham, based on numbers from the Reserve Bank of India, said. Among the private sector banks, Axis Bank has the largest ATM network in July, 2012, followed by HDFC Bank with 9709 such machines and ICICI […]
Global credit rating agency Standard & Poor’s has cut its GDP growth estimate for India by 1 percentage point to 5.5% and for China by 0.5 percentage point to 7.5%. The cut in India’s outlook was prompted by poor monsoon and negative investor sentiment, while in China’s case, it was caused by the Central Government’s […]
The amount of money sent by Indians working abroad to their family in India rose 19% last year to $66 billion, according to numbers collected by industry body Assocham. In rupee terms, the rise would be even higher as the value of the dollar has risen by about 25% (versus the rupee) over the last […]
Idea has launched a new dual-SIM smartphone called ‘Aurus’, with Android 2.3 (Gingerbread) OS, 800 Mhz processor and a 3.5 inch multi-touch screen display. The phone is priced at Rs. 7,190, but also carries about Rs 2,100 worth of talktime and other goodies from Idea Cellular. “With its large, bright screen, it is the perfect […]
Bharti Walmart, the joint venture between Bharti Enterprises and Walmart, has extended its training efforts to South India from its core market, Punjab. It established its first “Skill Centre” at the Peenya ITI in Bangalore, indicating the joint venture between Bharti and the World’s largest corporation is serious about its expansion plans in India. Bharti […]
Is it better to invest through a mutual fund or simply invest directly in popular stocks such as Infosys and Reliance? According to the latest S&P Indices Versus Active Funds (SPIVA) scorecard, the ‘professional’ fund managers may not be any better at guessing which stocks will go up and which will go down compared to […]
One of the aspects of the open-source software model is that disagreements over a course of action can lead to a split in the community of volunteers who develop a particular product, ultimately leading to the birth of a new project, called a ‘fork’. Many, especially outside the open-source field, see this as a disadvantage […]
In a coup of sorts to Chennai-based cloud-solutions provider Ramco Systems, Dell has agreed to offer Ramco’s ERP cloud solution to its mid-market clients. ERP or enterprise resource planning helps big organizations and companies manage their resources and assets by tabulating and generally keeping track of assets, people and inventories. It helps companies figure out […]
The biggest industry association in India, the Confederation of Indian Industry, has called for urgent announcements to boost ‘sentiment’ in the Indian economy and reverse the downward slide in the indices. The CII’s statement came after the latest numbers showed that industrial production growth rate slowed to just 0.1% cent in July due to poor […]
The Telecom Regulatory Authority has extended the deadline to have separate phone numbers for tele-marketers by three weeks. It extended the deadline to March 21 due to delays by the Department of Telecom in alloting a new number series to landline companies. “The number series for fixed network are still not allocated by DoT. The […]
It is the final frontier in India’s ongoing e-commerce revolution – delivering the daily bread. E-commerce in India, as elsewhere, started with easily ‘digitizable’ goods such as plane tickets, about six years ago. Over the last two years, it has expanded to involve nearly every category of branded goods such as watches, electronics, books, clothes […]
‘Paintball’ was the most searched recreational word searched on Google Maps this summer in the U.S., while Death Valley National Park, located in California & Nevada, was the most popular holiday destination. The numbers also indicate that Americans and Canadians seem to prefer to go to national parks and other ‘nature’ spots during the summer, […]
