Logitech, estimated to have nearly half of India’s PC peripherals market, said it will increasingly focus on ‘living room’ products such as ‘TV peripherals’ as its core market of assembled PCs shrinks. The firm, which refuses to share its India-specific numbers, said it has achieved sales of around 4 million pieces of ‘pointing devices’ or […]
State-run mobile operator Mahanagar Telephone Nigam Ltd (MTNL) has slashed its 3G data plan charges to a fraction of what others are charging. The company slashed its 3G data charges to just Rs 22.50 per GB for heavy users in Delhi, much much lower than what its competitors are charging. For example, Tata DoCoMo charges […]
Bharti Airtel’s cut in 3G data rates has caught the headlines, but Airtel’s 3G is still more expensive than the pre-existing plans offered by some other operators. For example, Airtel’s plan is offering 300 MB of 3G data for Rs 100. In comparison, MTNL offers 1 GB of data for Rs 76 (weekly) and Rs […]
Trade and Industry minister Anand Sharma has spoken out in uncharacteristically blunt terms against a Parliamentary Committee report suggestion on the policy for land acquisition for industries. The report had suggested excluding “manufacturing and industrial activity” and public-private project (PPP) from the definition of ‘public purpose’ for land acquisition. The recommendation, if accepted, would make […]
As exports face headwinds from the western economies, particularly in debt-ridden Europe, India’s balance of trade or trade deficit is projected between USD 262 billion and USD 280 billion in the fiscal 2012-13, according to trade body Assocham. Trade deficit is the shortfall between how much a country needs to pay for its imports versus […]
The Economic Survey of India, the basis on which the country’s economic policies are formulated, sounds an optimistic beat for India’s growth during the next twenty years, even as short term risks remain. It forecasts 9% plus growth for the next two years and another ‘step up’ after that for the next 20. The most […]
The North European countries seem to love their Indian IT service partners. Indian IT services companies such as TCS, Cognizant and HCL scored considerably higher in a satisfaction survey among companies in the Nordic countriesin in KPMG’s Outsourcing 2012 study. “Cognizant also had not one dissatisfied client, which makes the company the top performer among […]
The Indian IT infrastructure market comprising of servers, storage and networking equipment will reach $2.05 billion in 2012, a 10.3 percent increase over 2011, according to Gartner, Inc. The IT infrastructure market is expected to reach $3.01 billion by 2016, the research agency said. Revenue growth will be primarily driven by ongoing data center modernization, […]
State-owned mobile operators MTNL and BSNL are estimated to have increased their losses by 50% to more Rs 13,000 crore last year, according to numbers from DoT. The bigger company, Bharat Sanchar Nigam Ltd or BSNL had a loss of about Rs 6,300 crore in 2010-11 and is likely to see it zoom to about […]
Indian government has extended by five months the deadline for cutting radiation from cellphone towers by 90%, the government informed the Lok Sabha today. The directive cutting radiation limits for cellphone towers was issued after a multi-year consultation between the government, the industry, scientific bodies and consumer associations. The directive was supposed to come into […]
A departmental inquiry could not find any involvement of ministry officials in the ‘gift scam’ at the ministry of external affairs and the inquiry has now been handed over to the Central Bureau of Investigation (CBI), the ministry said. The alleged scam has been pursued by RTI activist Subhash Agarwal, who filed an RTI query […]
The controversy over the allocation of 2G spectrum under former telecom minister A Raja to CDMA operators refuses to die. The latest was the turn of a government official to write a letter pointing out how two traditional CDMA operators do not have to re-buy their 2G spectrum like Uninor, MTS and others. He argues […]
The defence ministry has refused to divulge the reason for imposing a ban on construction in the Demchok area of southeastern Ladakh — part of the land disputed between India and China. However, the Chinese are building infrastructure on the other side of the line of control, including military facilities, according to local residents. Residents, […]
The government has cut the amount of gold someone can bring as personal baggage from abroad even as India’s gold imports are expected to have increased to 1.08 million kg last year, worth $55 billion at current prices. The government has cut the amount of gold a person can bring into the country to 1 […]
India Against Corruption, the rainbow coalition of activists headed by Anna Hazare, has accused all political parties of planning to pass a toothless Lokpal bill, and promised to launch an even bigger campaign against any such move. Last year, Hazare had organized the biggest political protests in India since the JP Movement of the 70s, […]
Rahul Khullar, the new chief at the Telecom Regulatory Authority of India (TRAI) has a reputation for being a no nonsense boss. Khullar, a 1975 batch IAS officer of Delhi cadre, also has a few other qualities that will make his tenure at the TRAI second to none of those of his predecessors — he […]
Only about 6% of the families registered under the Mahatma Gandhi National Rural Employment Guarantee Act (MG-NREGA) got the full 100 days of work during last financial year, according to numbers from the Rural Development ministry. The numbers also revealed a sharp increase in complaints from Uttar Pradesh. While the ministry did not reveal how […]
Infosys and Wipro got left behind in the growth scene in 2011, while Cognizant blasted the others with its explosive growth. Tata Consultancy Services Ltd (TCS), the biggest Indian IT services provider, was the second-fastest growing among the top 5 – these are the results of the 2011 IT services market survey by Gartner. Overall, […]
Giving some respite to the government and the oil companies, the effective price of crude oil for India fell by about 1.9% in the second half of April, according to numbers released by the Government of India. Effective price paid by Indian companies for crude oil fell to Rs 6174.90 per barrel in the second […]
The government of India does not have any information on complaints regarding the issue of ‘below poverty line’ or BPL ‘ration’ cards, according to a reply by the Rural Development ministry to BJP MP Varun Gandhi. Varun Gandhi, MP from Pilibhit in Uttar Pradesh, had sought details about the complaints that it may have received […]
