India’s finance minister Pranab Mukherjee may like to complain about how selling diesel and LPG ‘below cost’ is bankrupting the government, but the numbers tell a different story. According to data submitted by the government in the Parliament today, the state and central governments earn much more from the sale of diesel, petrol, LPG and […]
India Against Corruption, the umbrella organization led by activists Arvind Kejriwal and Anna Hazare, has said that it seems to have foiled a ‘sting operation’ when it discovered Mufti Samoon Qasmi allegedly recording its meetings on his phone. It claimed that Qasmi’s reaction to the media — in which blasted the leadership for ‘turning communal’ […]
India’s biggest industry bodies urged the government of India to get moving on the stalled reform process, responding to global ratings agency Standard & Poor (S&P) cutting its outlook on India’s financial health. S&P also cut its outlook on at least six Indian companies, including Infosys Technologies, TCS and Wipro, following the country-wide cut in […]
Dish TV, the direct to home arm of the Zee group, announced it has crossed 1 crore (10 million) customers, becoming the first DTH player to do so in Asia and commanding an almost one-third share of India’s 32 million DTH market. Most of Dish TV’s growth happened in 2010 after the firm scapped its […]
Piqued by delay in getting a response from the government on petrol prices, state-owned oil companies have issued a final warning to the Government to act, before raising petrol prices by Rs 8 per litre. “The current situation where oil companies have to import crude oil at a price of $121.29 per barrel (relevant for […]
Legenday investor and philanthropist Warren Buffet has a form of non life-threatening cancer, his company Berkshire Hathaway said today. Berkshire released a letter from Buffet, a hero to many not just for his money-making abilities but for his simple personal life and philanthropy, to the shareholders of Hathaway, in which the 81-year-old reassures his well-wishers […]
The Cellular Operators’ Association of India, representing the interests of the major telecom operators of India including Bharti Airtel and Vodafone, has issued a clarification that it is not in favor of the Government trying to override Supreme Court decisions by making laws that would apply to periods before they were made. The clarification was […]
If the boom in the smartphone market has helped any company, it is the U.S.-based Qualcomm. The chip maker’s performance in 2011 lived up to its reputation as the most viable threat to the dominance of Intel in the worldwide semiconductor (chip) market. According to full-year numbers released by technology market research firm Gartner, Qualcomm […]
Wal-Mart Stores, Inc. (NYSE: WMT) today announced that its @WalmartLabs operation is expanding in Bangalore with the hiring of 100 additional developers and a move into a new facility. Wal-Mart plans to hire an additional 100 people to create a next-generation e-commerce platform. The new platform is designed to connect Walmart’s digital and physical properties […]
India came one step closer to having a robust mobile banking infrastructure in place with the notification of the ‘Mobile Banking (Quality of Service) Regulations’ by the Telecom Regulatory Authority of India (TRAI) today. The regulations are meant primarily to prevent mobile operators from refusing to co-operate with, or providing poor cooperation to, banks that […]
If cable operators thought they would have a smooth transition from analog-digital services to digital-only services by June 30, satellite-based DTH operators seem to have other ideas. According to the rules, cable operators must switch off the analog signals on their lines in big cities by June 30. Once the analog service is switched off, […]
Huawei Devices, known for its extremely cost-efficient Android devices, has launched the 4-inch smartphone Huawei Honor in India. The Huawei Honor is one of the very few 4-inch smartphones priced at less than Rs 20,000 in the Indian market, and will compete directly with the other 4-inch Android phone, the LG Optimus Black P970. The […]
US mobile operator Sprint has announced its first 4G LTE handset, the LG Viper — a 4 inch, dual-core mobile phone — priced at $99.99, with a new two-year service agreement and $50 mail-in rebate. The device will go on sale on April 22. Customers can preorder the Android 2.3 phone and get it as […]
India will export about 19 lakh bales in the March-April period, according to numbers from the ministry of commerce. The ministry said that by about 11 of this month, about 10 lakh (1 million) bales of cotton have been cleared for export, while another 9 lakh bales are expected to be cleared by 17 of […]
The world’s biggest mobile phone maker Nokia is likely to cut prices of its Windows phone or Lumia devices in the coming months as it tries to survive an army of cheap Android phones, most industry analysts believe. According to them, even the average selling price of Nokia Lumia devices of 220 euros (Rs 15,000) […]
The state-owned telecom operator MTNL has launched ultra-fast fibre-optic broadband plans at the same price as normal DSL broadband in Delhi. For those who book before May 7, the prices of MTNL’s fibre-to-the-home (FTTH) broadband are about 50-70% cheaper than similar ultra-high-speed plans offered by Airtel and BSNL. For example, MTNL is offering a 10-Mbps […]
The Lava Xolo X900 marks the entry of the chip-giant Intel into the phone world and promises to shake up the mobile-phone world. On Thursday, Intel and Lava will launch the Xolo X900, the first phone Intel-based phone to enter India, possibly in tie-up with Aircel and Airtel. However, since Lava has a strong distribution […]
Information Technology today allows you to know virtually anything about anything in a few minutes, but not everyone knows how to use it to get what they want. The problem is particularly acute in professions like journalism, where many of the top investigative reporters of today cut their teeth before the age of the Internet. […]
Google’s surprisingly good results yesterday was partly the result of the tighter focus brought in by founder Larry Page after he took over as CEO. But the sharper focus also makes it tougher for Google to maintain its glamorous reputation in the tech world, analysts warned. Page had took over from long-time CEO Eric Schmidt […]
Reliance Communications, one of the top three mobile operators in India, has struck a partnership with Google to jointly promote Google’s Android operating system in the country. Reliance has become the first operator in India to enter into the special and exclusive marketing tie-up with Google, and the agreement will follow the patterns of such […]
