The depreciation of the rupee is hitting Indian customers hard. A day after Samsung priced its new Galaxy S3 model phone at 30% more than the price of its predecessor, due primarily to a 20% depreciation in the value of the rupee, Ricoh announced a 5% increase in its printers and other office products. These […]
Exports nudged up 3.23% in April, reaching $24.46 billion, while imports too grew 3.83% to $37.94 billion. Exports in April were valued at US$ 24455.38 million (Rs. 126708.46 crore) which was 3.23 per cent higher in Dollar terms (20.54 per cent higher in Rupee terms) than the level of US$ 23690.37 million (Rs. 105114.17 crore) […]
Two Indian-origin students in the U.S. have won the top slots at the prestigious Scripps National Spelling Bee championship this year. Snigdha Nandipati of San Diego, California defeated Stuti Mishra of West Melbourne, Florida to clinch this year’s title. Earlier, three Indian-origin students had won all the top three slots at this year’s National Geographic […]
Welspun Solar Madhya Pradesh Private Limited, a wholly owned subsidiary of Welspun Renewable Private Limited, has won the largest solar power contract in Indian history. The company, part of the formerly textile-oriented Welspun group, won a contract for setting up a plant that will generate 125 million watts (megawatt or MW) of power. In comparison, […]
The Telecom Regulatory Authority of India (TRAI) has pulled up operators Bharti Airtel and Idea Cellular for imposing discriminatory charges on new operators to deliver their SMS to Bharti and Idea subscribers. The Authority has asked the two to immediately comply with the law which requires any ‘inter connect’ charge to be transparent and equitable […]
Chinese PC brand Lenovo was able to snatch the number 1 position from Dell and HP in India in the first quarter, but the overall Indian PC market showed signs of a definite slow-down. PC sales to consumers in India was down 3 percent in the January-March quarter compared to the October-December quarter. Overall PC […]
All three finalists in the National Geographic Bee Championship, one of the most prestigious academic competitions in the world, turned out to be of Indian origin. Rahul Nagvekar beat Vansh Jain of Wisconsin and Varun Mahadevan of California in the finals held on Thursday in Washington. The finals saw US President Barack Obama ask a […]
Reliance Communications too has jumped in to the ‘make 3G affordable’ bandwagon – introducing two new plans for low to medium data users on its USB ‘netconnect’ dongle. The new plans offer 1 GB 3G data for Rs 250 per month and 2 GB of 3G data for Rs 450 per month. They are exactly […]
The GSM Association, a worldwide body of GSM equipment makers and mobile operators, welcomed the government’s decision to release double the amount of 2G spectrum than was recommended by the Telecom Regulatory Authority of India (TRAI). The telecom commission, a top body in the department of telecommunications (DoT) had, on Thursday, decided to provide at […]
In what is likely to be the first step in turning around the embattled state airline Air India, the civil aviation minister has set up a committee to come up with a list of routes that need to be eliminated. The move, coming in the wake of a crippling pilot’s strike, is intended to cut […]
The Telecom Regulator has rejected the Government’s proposal to move the sunset for analogue cable from 2013 to 2015. In a letter sent to the ministry of information and broadcasting, the Telecom Regulatory Authority of India (TRAI) said the ministry’s concerns on the availability of set-top-boxes can be addressed if imports of the same are […]
Japanese camera and imaging company Ricoh Company has expanded its India operations again, this time with a bar-code paper manufacturing operation based in Mumbai. Three months earlier, the company established a development center in India’s software hub Bangalore. Known as Ricoh Innovations Private Limited (RIPL) is to create IT solutions adapted to India’s needs, incorporating […]
State-owned Bharat Sanchar Nigam Ltd (BSNL) has abolished roaming charges, starting with one of its prepaid plans. The move is the first such step by any telecom operator — removing roaming charges without charging any particular rent or payment for doing so. To avail of the feature, customers have to switch their plan to ‘Roam […]
Government of India has blocked a proposal by G’Five Telecom to invest in its Chennai-based subsidiary, even as it let in investment from Japanese logistics company Kintetsu World Express and UK-based publisher Bloomsbury. In February, local logistic comany Gati had formed a joint venture with Kintetsu and said it would transfer its Express Distribution and […]
Norway, Switzerland, France, Sweden and Denmark are the top five future destinations for medium and large datacenters in the EMEA region, according to research firm Canalys. On the other end of the spectrum, Greece, Italy, Portugal and Hungary are at risk of not being able to provide enough energy to meet the demands of datacenters. […]
After getting the ambitious grid-connected solar project off to a good start, the Ministry of New and Renewable Energy (MNRE) is about to unveil part II of the renewables thrust — the distributed projects. The ministry also painted a gloomy and dismal picture of India’s energy-less future if radical switches are not made immediately. Grid […]
Snapdeal, one of India’s most aggressive online retailers known for cut-throat prices, has launched pre-booking on the new Samsung Galaxy S3 in India. The phone is being launched in India at 1:30 pm on Thursday, you can watch the launch live The website has not declared the final price of Samsung Galaxy S III, but […]
Mageia, a community of former (and some current) Mandriva Linux developers, has released the second edition of their Linux-based open source operating system, Mageia 2. Unlike Rosa, the other fork of Mandriva, Mageia has opted to retain both the Gnome user interface design as well as the KDE interface, giving users more choice. Rosa, a […]
The Nokia store on Indiatimes has removed the Rs 29,999 price tag on Nokia 808 Pureview, with Nokia calling it a dummy price. The 41-megapixel Pureview 808 is the most sophisticated camera phone ever invented and can capture details that a human eye cannot easily see. It had announced earlier this month that the phone […]
After failing to get the expected quantity of gas from the Krishna Godavari (KG) basin, India seems to have decided to step on the pedal on LNG and gas projects. Announcing the signing of the gas sales & purchase agreement (GSPA) for TAPI Gas Pipeline Project in Turkmenistan, Indian petroleum minister came out as highly […]
