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 […]
Al Jazeera English, the Qatar-based news channel considered the best source of information on the Middle East, has tied up with DTH-operator Tata Sky, five months after it entered India with a tie-up with Dish TV. The channel was in the news recently after a ‘unfriendly broadcaster’ list submitted by the government in the Parliament […]
80% of LPG users in most parts of India do their cylinder booking through SMS, going by what the junior minister for petroleum and natural gas told the Parliament today. According to RPN Singh, in most of the cities, “more than 80% of the customers are using the system successfully whereas, it is more than […]
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, […]
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 […]
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 […]
The Indian online advertising market, including classifieds, will grow by a whopping 54% in the next 12 months, a report by the Internet and Mobile Association of India (IAMAI) and IMRB said. As of March 2012, the industry was worth Rs 2,851 crores in annual revenue and will further grow to Rs 4,391 crores by […]
Overruling objections by big telecom operators, the Telecom Regulatory Authority of India (TRAI) has recommended allowing district-level operators. Anyone, including local cable operators, will now be able to offer landline and mobile, Internet and other services after paying the Rs 10 lakh entry fee per district, if the recommendations are accepted by the Government. In […]
