Category: BUSINESS

The Indian Premier League or IPL, the country’s most successful domestic sports event, has broken its exclusive deal with Google-owned Youtube and decided to partner with Bennet, Coleman & Company’s Indiatimes as well for the current season. Google had managed a unexpectedly successful debut for the first live webcasting of any major sports event in […]

Fruits and Petrol led the items seeing highest rise in wholesale prices during the first week of April, according to the latest data released by the government. Price of fruits went up by 25% compared to the same week a year ago, while petrol prices were up 22%. Overall, inflation in primary articles — which […]

Gaz guzzling SUVs giving 5 km to the litre may soon become a thing of the past in India, as the government prepares to notify India’s first fuel-efficiency norms in a few days. Even before the notification, however, the norms are under fire from environmentalists. The Centre for Science and Environment (CSE) has termed the […]

Traditional outsourcing firms, such as Infosys and TCS, may need to pay attention to the ‘depth’ of their professionals as companies are increasingly disappointed with outsourcing partners and are mulling going back to captive centres, according to a report. According to a report on the ‘re-emergence’ of the captive center by Forrester Research, more and […]

IMD expects monsoon to be normal this year for June to September. It sees a very low probability of seasonal rainfall to be deficient. Rainfall, on an average will be 98% of long period average, from 91-2000. IMD said the cooler than normal summer or intermittent rainfall in North India has not been correlated with […]

Jairam Ramesh’s environment ministry has said that it will await the decision of the Bombay High Court before proceeding with the demolition of the Adarsh Society building in Mumbai. Responding to the decision by Bombay High Court on Wednesday to take more time to arrive at a judgement, the ministry said it too shall wait […]

After setting itself a modest target of growing its exports by just 15% to around $200 billion, India beat the target by a margin of 23%. In the end, the rising goods exports also helped bring down the trade deficit — the shortfall between exports and imports — to just $104.4 billion against the upper […]

IT and BPO sectors saw the biggest up-tick in hiring during the first month of 2011, according to numbers crunched by Naukri.com, India’s biggest job portal. Hiring in these two sectors jumped by a whopping 11% and 6% in January compared to the immediately preceding month of December 2010, indicating, in Naukri’s opinion, an optimistic […]

Dell Services, the rapidly growing IT services business of Computer maker Dell has picked up Suresh Vaswani, former joint CEO of Wipro, to head the business in India. Vaswani left Wipro in January after a 25-year stint, partly due to the poor performance of the company. India is Dell’s core services hub and is home […]

Six months after most of the senior developers of Mandriva Linux, arguably the most user-friendly flavor of the Linux distribution, left the company, the ‘renegade’ group have announced a new beta release of their Mageia Linux distribution. Mandriva, based in France, had been forced to shrink its operations in France and relocate its development activities […]

Mahindra Satyam, the new avatar of Ramalinga Raju’s Satyam Computer Services will pay $10 million (Rs 46 crore) as penalty to the US stock market watch-dog, the Securities and Exchanges Commission or SEC. It will also have to comply with “certain” unspecified condition, according to a statement issued by the company a few minutes ago. […]

The following are links to the pictures of the first day of Anna Hazare’s fast unto death demanding the passing of the Jan Lokpal bill (and scrapping of the Government’s lame-duck version.) The pictures are being uploaded over the next 1-2 hours. Videos [a total of around a dozen, being uploaded over the next 2-3 […]

These are videos from ground zero (Jantar Mantar Road, New Delhi.) There will be a total of around 12 videos for day one, uploaded one by one. .

The agitation for the passing of the Jan Lokpal bill entered a crucial stage on Thursday, the third day of fasting by Anna Hazare and his aides. Compared to just a few hundred supporters who trickled in on Wednesday, thousands poured in on Thursday to express support. More than a thousand people marched with candles […]

Day four of the Janlokpal agitation saw the Government capitulate even as the movement threatened to disrupt normal life across the country. Reminding political observers of Gandhi’s independence stuggle, spontaneous rallies were held across the country in support of the fasting Gandhian. The government, which tried to toss a ‘fake committee’ to the agitators on […]

India Against Corruption (IAC), the umbrella body spearheading the Jan Lokpal bill agitation, reiterated its opposition to watering down the bill proposed by Anna Hazare. “The Lokpal and Lokayukta, according to the version of the Bill the protestors want, must be completely independent of any governments – on the lines of the Election Commission or […]

Kapil Sibal has denied that his comments — that the Lokpal bill won’t address issues close to people’s hearts — was disrespectful of the bill he is supposed to help frame. Speaking to reporters in Delhi today, he said Lokpal bill will only address the issue of corruption, but the biggest problems facing people in […]

The World Wide Web Consortium (W3C) is working on a new feature to enable users to easily turn off user tracking by websites. J Alan Bird, head of business development for W3C — which sets the standards for the Web — said the organization is working on evolving a mechanism that will allow users to […]