JPC now a reality

With the Finance Minister Pranab Mukherjee moving a motion to set up a Joint Parliamentary Committee (JPC) in the Parliament today the deck is now clear for the formation of a parliamentary committee to look into the telecom policy pursued from 1998 to 2009. The period of reference includes the National Democratic Alliance (NDA) government […]

India tops global consumer confidence survey

India held on to its position as the world’s most optimistic market for the ninth consecutive quarter despite worries about job security, the Nielsen Global Survey of Consumer Confidence and Spending Intentions found. Established in 2005, tracks consumer confidence, major concerns and spending intentions among more than 28,000 Internet consumers in 56 countries. Consumer confidence […]

Unified Threat Management market grows 20% in 2011: Gartner

Worldwide unified threat management (UTM) revenue reached $1.2 billion in 2011, a 19.6 percent increase from 2010 revenue of $972 million, according to technology market intelligence firm Gartner, Inc. UTM is a primary network gateway defense solution for organizations. UTM combines traditional firewall into one single appliance: network firewalling, network intrusion prevention and gateway antivirus […]

Assocham fears new anti-evasion proposals may be used to harass taxpayers

Industry chamber Assocham has opposed the anti-tax evasion proposals suggested in the budget, including having retrospective laws and giving wide discretionary powers to tax officials. Assocham said issuing broad General Anti-Avoidance Rule (GAAR) — targeted at cases like the Vodafone-Hutch deal — without fine-print and safeguards is a recipe for disaster and may be used […]

Engineers love IBM, non-engineers prefer Infosys to Wipro, TCS: Naukri survey

Engineers prefer IBM, while non-engineers prefer Infosys, according to a new poll by a naukri.com group website. The poll, conducted among 2000 college students and recent graduates registered on one of its job portals, found that a whopping 43.7% of engineering students/graduates chose IBM as their most preferred employer, beating out competition from others like […]