David Mulford, the US ambassador to India from 2004 to 2006, sent a piercing assessment of India’s political situation, including a description of the ‘sycophancy’ inside the Congress Party. The 2006 assessment was sent soon after the Supreme Court quashed a move by former Congress leader and then Bihar Governor Buta Singh to dismiss an […]
CRISIL has cut its estimate for India’s GDP growth rate to a decade-low of 4.8% for the current financial year ending March 2014, but it has pointed to a strong performance by agriculture. It warned that the infrastructure, capital goods, automobiles and real estate sectors are in for a tough time this year. “Agriculture is […]
Third-party datacenters will overtake captive datacentres in growth over the next three years, according to CyberMedia Research. In a new report, the agency also puts the size of the India Data Center Services at Rs 11,800 crore. Data centres are buldings that host thousands of computers that are used to process large amount of data […]
Men may mock fairness ads targeting them, but underneath their pretensions, they all want to look good, according to India-based marketing-research firm NeuroFocus. “Males are restrained from expressing this deep seated need as a result of centuries of social conditioning, but there is clearly a primal drive to be perceived as desirable,” it said, announcing […]
Speaking for the first time on the issue of corruption after the agitation of the social activist Anna Hazare, Indian Prime Minister,Manmohan SIngh, talked about tough legislative and political action to combat the menace of corruption. Underscoring the present mood and anger of the nation against corruption Singh admitted that there is little tolerance among […]
The United States Chairman of the Joint Chiefs of Staff Admiral Michael Mullen has accused Inter Service Intelligence(ISI) of Pakistan for having close relation with the Haqqani terrorist network which is believed to be behind most of the attacks on foreign installations and individuals in Pakistan and Afghanistan. Talking to Pakistan based English daily Dawn,the […]
A new GreenPeace study has targeted India’s diesel-addicted telecom industry, estimating that it contributes around 2% of India’s green house gas emissions. The telecom towers and networks consume around 2 billion litres of diesel a year, release 5,600,000,000 kg of Carbon Dioxide or equivalent heat-trapping gas per year. “We expect the ICT sector to play […]
Taking a potshot at rival Dish TV, Tata Sky has launched five more Asli (or true) HD channels, emphasizing that they are shot with real HD cameras. The new channels include Star Plus, Star Gold, Star Movies, Star World and National Geographic Channel and cover news and regional content also, it said. Tata Sky had […]
The biggest filer of technology patents in India is not an Indian firm, but the US chip-maker Qualcomm, India’s Controller General of Patents and Trademarks, PH Kurian has revealed. Kurian said IT and telecom companies accounted for 5,500 of the 39,500 patent applications filed in 2010-11 in India, but only 150 of these applications came […]
DOMO, a PC peripherals and tablets brand, has launched its first two smartphones – a 5.2 inch dual-core model priced at Rs 8,900 and a 4-incher at Rs 3,990. Both models are priced reasonably, and offer value for money. However, the company has not revealed one crucial factor, especially for the 5.2 inch model – […]
India is the world number 1 in mobile advertising and gaming on BuzzCity, a Singapore-based mobile ad network. The country has beaten bigger rivals like the US and China in both mobile web advertising as well as in downloads of games. The number reflects BuzzCity’s own focus on the APAC market and may not true […]
Many users of Facebook in India were surprised to find a small ‘camera’ icon next to their comment boxes under posts made by others. Indeed, India is one of the early markets to receive the feature, which started rolling out overnight. The feature allows commenters to upload jpeg or png files as part of their […]
Good news for the Indian IT industry as the first three big results have confirmed that attrition — which had reached disturbing levels 3-4 quarters ago, is finally coming under control. Both Infosy and TCS continued to post significant declines in attrition levels in the March quarter. However, HCL Technologies, the country’s fifth largest IT […]
Telecom Regulatory Authority of India has dismissed the “fabrications and concoctions” being circulated on social media about the new tariff rules that will come into effect on December 29. In a statement, the regulator countered two broad concerns on the upcoming tariff scheme — that consumers will have to pay far more to watch their […]
Gartner, one of the world’s top two IT forecasters, warned of a slowdown in computer sales this year after disappointing data for the March quarter. Against an expected 3% growth (compared to March quarter of 2010,) it found a decline of 1.1% in the preliminary numbers this year. “Although the first quarter is traditionally a […]
Mandriva, formerly known as Mandrake Linux and one of the most user friendly flavors of the operating system, has released the second beta of its 2011 edition, the first after most of the development activity shifted to Brazil late last year. Mandriva’s parent company, which had been facing financial problems, moved to Brazil and shut […]
Cairn India, India’s biggest private oil producer, has sought government permission for increasing its capacity from 160,000 barrels to 350,000 barrels. The London-controlled firm, which approached the environment ministry for the nod, has been told to come back with the comments of the Directorate General of Hydrocarbons, under the ministry of petroleum and natural gas. […]
HCL Technologies, India’s fifth largest IT services provider, posted a moderate increase in revenues of 33.5% year on year and 5.8% quarter on quarter to $ 915 mn. Revenue growth has decelerated on a quarter on quarter basis, compared to the 9% jump exhibited in the September quarter. However, due to the same reasons of […]
The Indian economy is shifting into high gear, going by the four-fold increase in acquisitions and mergers reported by FT-owned Merger Markets. Value of mergers and acquisitions were up 271% in the three months ended March this year, hitting $18.3 billion. The value is second highest quarterly M&A size in Indian history, and second only […]
Mirroring the recovery in the enterprise software market, HCL was able to get a higher share of its income from ‘custom application services’ — creating software tailored to individual companies — compared to before. Against 29.9% contributed by this segment a year ago, it accounted for 32% during the March quarter. Custom application development is […]
