In one of the most daring and audacious moves in Indian telecom sector in the last two years, the Russian operator MTS has cut down all STD and local charges to half a paisa per second. The offer is around 20-50% cheaper than the lowest tariffs offered by competitors in the country. Most operators are […]
The Government of India is considering legal options to prevent Yoga guru Baba Ramdev from conducting his massive fast cum demonstration in Delhi’s Ramlila grounds, according to sources. The Government, which has already tried to reason with the Baba, feels that allowing him to hold a fast in full public glare will lead to instability. […]
IBM, the world’s largest IT company, is fast catching up with the world’s biggest computer maker HP in the server market, according to the latest quarterly data from Gartner. Unlike HP, IBM also plays in the ‘Mainframe’ market — massive computers that were dominant till the 1970s and approached within striking distance of HP’s market […]
The Delhi High Court has reserved its order on DMK leader Kanimozhi’s bail plea, indicating that Kanimozhi still stands a chance of getting bail. Bollywood financier and Cineyug head Karim Morani’s bail plea was rejected earlier this year, leading to speculation that Kanimozhi’s plea too will meet the same fate. None of the alleged conspirators […]
The BJP has ripped Textiles minister Dayanidhi Maran’s defence against allegations of corruption over the allotment of licenses to telecom operator Aircel. Maran had said the investment by Maxis — a Malaysian telecom operator which owns Aircel — into the Maran group cannot be termed as a bribe since the investment happened six months after […]
Speak Asia, the alleged chain marketing firm under media glare, is set to move the Supreme Court challenging the freezing of its accounts by major Indian banks. The company, which claims its a market research and direct selling organization, is registered in Singapore, but has lakhs of members from India. It is under scrutiny for […]
Inflation will remain high for most of the year and the domestic product (GDP) will fall to 8%, according to a survey of economists by FICCI. Unlike the earlier target of around 5% for the yearly price rise (inflation), the economists now accept a “new normal” for inflation — around 7-7.5%, the survey said. Current […]
China has become home to the World’s highest number of Internet video consumers, according to the latest ‘Virtual Network Index’ report by the biggest networking firm, CISCO. According to it 284 million Chinese, around a quarter of its population, watch video on the Internet while only 9.6 million Indians — less than 1% of India’s […]
The Delhi High Court blast was carried out using ammonium nitrate and other chemicals, according to sources in Delhi police. The remains of the blast has been carried off for forensic examination yesterday. Sources said the bomb was designed for maximum impact and nails and bolts were packed inside the package for creating maximum injury. […]
India’s beleaguered state carrier Air India has found itself facing yet another crisis after the three state-owned oil companies have refused to refuel some of its jets today. It is reported that oil companies have imposed a cut of 20% on their supplies to Air India. Air India was forced to cancel six of its […]
Many oil-rich Gulf states, ostensibly allied with the United States, have a policy of turning a blind eye to the terror planning and financing activities on their territories with Kuwait and Qatar being the worst offenders, according to a US diplomatic cable. Saudi Arabia has done the most to disrupt terror networks, particularly the al […]
Days after the successful conclusion of state-wide Panchayat elections in Jammu and Kashmir, a Congress workers has been beheaded in the Kishtwar area. According to security forces, the Lashkar-e-Toiba, a member of the al-Qaida terror network, is responsible for the slaughter. Abdul Ghani Rather was active on the part of the Congress party in the […]
The Britain-based Vodafone group has estimated that the Essar group may have to pay $1 billion (Rs 4,500 crore) out of the $5 billion it receives from Vodafone as tax to the Indian authorities, depending on the outcome of various cases in Indian courts. The British operator, which announced a 16.2% increase in year on […]
Nokia’s global mobile phone marketshare slipped by 5.5% year-on-year in the first quarter of this year, IT market research firm Gartner Inc has reported. It fell from 30.6% a year ago to 25.1% during the three months ended March 2011. Apple, HTC and Chinese vendors Huawei and ZTE were the only big brands that saw […]
Special CBI judge OP Saini said bail is being denied to Kanimozhi, daughter of DMK leader Karunanidhi, so as to prevent any chance of witnesses in the case being influenced. “Considering the magnitude of the crime, the nature of the allegations, …there is no doubt that the accused have not made a case for bail..,” […]
DMK leader Karunanidhi’s daughter Kanimozhi will spend another week in Tihar jail as the Delhi High Court has adjourned her bail plea to May 30. The development is mixed news for Kanimozhi as the order setting aside the application for May 30 has come just one day after similar pleas by 5 co-accused were rejected […]
India has taken its total aid commitment in Africa to $5.7 billion over the next three years, prime minister Manmohan Singh said in the Ethiopian capital of Addis Abbaba moments ago. India had last month taken the overall aid to Afghanistan to $2 billion. Singh, who was participating at the Indo-African summit in the East […]
Vodafone Essar, the Indian unit of the world’s biggest telecom company Vodafone, has moved from an operating loss to an operating profit during the year ended March. Announcing its global results in London today, the Group said that it made a profit of 15 million British Pounds (Rs 110 crore) after accounting for operating and […]
Google’s Android operating system became the World’s top smart-phone operating system during the first quarter of the year, overtaking Nokia’s Symbian, according to the latest numbers from Gartner. The confirmation from Gartner has come after a tight fight between the two OSes during the last quarter of 2010, when another agency, Canalys, said Android had […]
DMK Patriarch M Karunanidhi has been caught in a catch-22 situation after the arrest of his daughter Kanimozhi. Most senior leaders have reached the party headquarters and gone into a huddle to determine their next step. While, on an emotional level, both the leader and most of DMK’s rank and file want to ‘take revenge’ […]
