Vodafone India said it has “noted” the government of India’s petition urging the Supreme Court to review its decision on the company’s tax liability in India at the time of its entry. The Supreme Court had, on 20 January, ruled that since Vodafone bought the Indian unit from a foreign company in a foreign country, […]
Days after the new food minister KV Thomas took charge and hinted at large scale changes in agricultural marketing, the government said it has sent a new model agricultural marketing law that allows private partnership with farmers. Thomas had, two weeks ago, said he was in favor of large scale reforms in the current agricultural […]
Acer has said it is now updating its Iconia tablets to the latest version of Android 4.0 (Ice Cream Sandwich). The Iconia Tab A200 in the United States will be the first to get the over-the-air updates, followed by the Iconia Tab A100 7-inch tablet and Acer Iconia Tab A500 10-inch tablet in April, Acer […]
A new report on ‘the future of families’ has pointed to an increase in single parent homes in developed (OECD) countries, even as one third of the children are being born outside marriage even now. All the countries, including Korea, Australia and England, will see the highest increases in one-person families except Germany by 2030, […]
Airtel, India’s largest telecommunication company has introduced an online service to let prepaid users manage their accounts. The facility will be in addition to the online recharge facility offered by Airtel. Most operators in India offer online recharge facilities, but rarely go beyond it. Some of the other operators, including some new ones, have similar […]
China is set to emerge as the country with the second largest number of wealthy families and overtake Japan, financial and professional services information provider VRL said. China currently has 0.85 million (8.5 lakh) families with assets of more than $1 million (Rs 5 crore). This number will more than double to 2.1 million by […]
Oil prices may hit $115-120 if Middle East instability continues, prominent industry consulting firm Frost & Sullivan has warned. The agency also warned that the fall of oil reserved into the hands of radical groups would be disastrous for the entire world. “On the advent of a civil war, it is expected that the radical […]
Apple said the Fair Labor Association will conduct special voluntary audits of Apple’s final assembly suppliers, including Foxconn factories in Shenzhen and Chengdu, China, at Apple’s request. The FLA conducts independent monitoring and verification to ensure that the FLA’s Workplace Standards are upheld wherever FLA company products are made. A team of labor rights experts […]
India Against Corruption (IAC), the coalition of activists that led the Jan Lokpal bill agitation last year, has rebutted claims of Open magazine, one of the first to try to debunk the larger-than-life image of Anna Hazare last year. In an official statement, the IAC gave a point-by-point rebuttal of the claims of the latest […]
Youtube, the world’s largest online video service has implemented a major revision to the way it is organized, adding sections such as ‘music’, ‘education’, ‘live’ and ‘news’ to the earlier categories of ‘videos’ and ‘movies’. Under the structure, Youtube users can now catch ‘live’ broadcasts – both of specific events as well as of TV […]
Strong iPhone 4S sales helped Apple beat Samsung to become the world’s top smartphone vendor in the last quarter of 2011, technology market research firm Gartner has said in its 2011 update. Thanks to strong sales of its iPhone, which hit new carriers in the U.S., it had a 23.8 percent share in the global […]
Samsung has just launched its latest and greatest tablet — the Galaxy 680 — in India at Rs 33,570 or about $685 (cheapest price, as on Letsbuy.) Before going into the specifications and a review of the Samsung Galaxy 680 tab, it must be noted that the tablet is priced at a nearly 30% premium […]
India will spend about Rs 1.12 lakh crore per year if the Food Security Bill is passed in its current shape, KV Thomas, India’s minister for consumer affairs, food & public distribution said. The amount is nearly 10% of what the central government spends in a year. The number is nearly twice the amount the […]
Wednesday’s statement by the Union minister of Telecom and IT Kapil Sibal has left many decisions intentionally vague. The biggest area where clarify has not been provided by the minister is also the most important — spectrum pricing. Spectrum pricing itself can be divided into two areas — spectrum pricing for new entrants and that […]
The central government seems to have decided to rethink its strategy with regard to the presentation of the Lokpal bill in Parliament, according to remarks by V. Narayanasamy, Minister of State in the Prime Minister’s Office, at the All-India Editors’ Conference on Social Sector Issues. While the government had previously maintained that it had brought […]
The United Steel Workers (USW), the largest labor union in North America, has attacked the Republican presidential nominee candidate Mitt Romney for trying to rob millions of American workers of their jobs and play into the hands of Chinese politicians. The USW, whose members include workers at tire, rubber and other auto-related factories, mentioned only […]
Future Group, the biggest and the most prominent large-format retail chain in India, has chosen India’s third biggest IT services firm Cognizant for its IT needs for the next five years, the companies said in a statement. Future group is estimated to have or have served around 220 million customers — higher than the total […]
Google and HP led the companies with the most number of influential Indians in IT field, a list compiled by Dataquest magazine revealed. IBM, which employs more people in India than in the US, does not have a single top executive who is Indian and is the only significant tech company that is missing from […]
Taiwanese chip company MediaTek, which indirectly led to the boom in low-priced Indian-branded mobile phones with its chips, has launched a new Android platform for companies. Phones based on the platform will hit the market before March-end, the company said. The MT6575 platform has a 1GHz processor based on Cortex-A9 technology from Britain’s ARM Holdings […]
China’s military spending is nearly 3 times that of India’s, according to a new report by ‘Research and Markets’ – a market research firm based in Dublin, Ireland. According to its latest report on defense spending by BRIC countries, China emerged on top with a spending of $108 billion in 2010. India spent just $36 […]
