“TCS stuns street,” proclaims the Financial Express, reporting the 5.4% quarter-on-quarter revenue that India’s biggest IT firm reported for the September quarter. But a look at the finer print reveals that TCS’ results, while not bad, are not really that much better than what analysts had expected. For example, the biggest criterion by which performance […]
Toyota reported a 12% jump in India vehicle sales in November compared to a year ago, but India sales declined year on year. Most of the increase was because of strong exports. India sales fell by about 1.4% to 10,208 vehicles in November. November numbers are a reversal for the maker of Innova and Etios […]
Wipro, one of the top India-based IT services providers, said it has seen good potential and traction for open source software among its enterprise customers. The company, which announced a 2.7% quarter-on-quarter rise in its dollar revenue for the September quarter today, mentioned open source adoption as one of the key trends it is seeing […]
Harley-Davidson, arguably the world’s most popular cruise bike brand, has sold 4,000 of its bikes in India in the first three years of its operations in India. The company, which opened its first dealership in July 2010, opened its 12th showroom in the country in Panaji, Goa. “Buoyed by the positive response of customers across […]
One of the interesting insights into the results reported by Indian mobile companies in the last two weeks is the slowdown in growth. Idea Cellular, which was the most aggressive in hiking call tariffs, saw the biggest decline in growth, while Bharti Airtel, which was the least aggressive in raising call rates, saw the least […]
The fledgling political party started by activist Arvind Kejriwal got off to a good start, with both BJP and AAP leading in 2 seats each according to the initial trends in Delhi Assembly polls today morning. Delhi was set for a hung assembly, with BJP coming up with 32-33 seats, AAP with 22-23 seats, Congress […]
Acer has launched four new monitors – KX 1563, KX 1853, HX 1953 and FHX 2153 – under its lower-price Gateway brand in India. Gateway has been Acer’s brand for the cost conscious and first-time buyers, and has largely been confined to notebooks so far in India. Acer has a strong marketshare in the monitor […]
A lot of people were wondering whether there would be any future for the Aam Aadmi Party (AAP) if they failed to win at least five seats in the Delhi Assembly elections. Some of that worry dissipated when the exit polls predicted the party to win 10-20 seats out of the total 70. But the […]
Peter Burleigh, the former interim ambassador to India, was much impressed with Rahul Gandhi whom he called a “young man in a hurry.” Burleigh, who met Rahul in 2009 after a “long-standing request for an appointment,” dismissed the idea that the Gandhi scion was a “dilettante” (amateur) and was impressed with his party-building ideas. “Gandhi […]
The Anil Ambani group got approvals for starting 18 TV channels in 2008, even as applications for starting another 34 channels are pending with the government, according to data from the ministry of information and broadcasting. The ministry has kept pending all the applications tendered by Ambani for starting news channels, while his applications for […]
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In an attempt to stem the relentless bleeding in the desktop market, Taiwanese major Asus has launched a desktop that does not require a UPS (uninterruptible power system). The new model, with prices starting from Rs 50,000 onwards, also features wireless charging for smartphones, high-speed storage ports, high-speed USB charging etc.. It also seeks to […]
While you may not have felt it, there has been an improvement in on-time performance of trains in the Indian Railways, according to numbers given by the ministry of railways. According to them, in July 2013, there was a 5% improvement in the number of trains reaching within 15 minutes of scheduled time compared to […]
The government’s move to promulgate a ‘food security’ ordinance to give subsidized food to two thirds of India’s population has drawn a mixed reaction from experts. While on the one hand, nearly all the experts agree that a form of food security is indeed required for the poor who cannot afford to eat, most are […]
The total number of passengers using the Indian Railways dipped slightly to 210 crore during the first three months of the financial year compared to a year ago, numbers from the ministry of railways showed. Though the dip was minor (0.7%), in terms of number of tickets sold, the difference was nearly 15 million (1.5 […]
The Punjab Wakf Board, which is the custodian of a large number of mosques and related properties, has opposed government’s move to prevent the leasing of land under Wakf boards. The board, in a memorandum to the central government, has opposed a law currently under the consideration of the parliament. If passed, the law will […]
TechCrunch, arguably the world’s top profiler of technology start-ups, is launching its first event in India, at the country’s IT capital. Called ‘TechCrunch Bangalore’, the event follows the familiar recipe of hackathons, investment pitches and start-up networking. TechCrunch, though primarily a website, has in recent years successfully diversified into a broad platform for technology start-ups […]
The government has started conducting hydrological surveys to start the development of India’s fourth and fifth inland navigation routes – called National Waterways 4 & 5 – in South India and East India. Hydrological survey as the first phase of development, and serve as the prelude to the development of terminals etc.. The Inland Waterways […]
There is not a single person belonging to the scheduled castes among India’s top ranking bureaucrats — the 149 ‘secretaries’ to the government of India. Scheduled castes are those that are named in the ‘first schedule’ of the constitution for the purpose of protection from a historical trend of exploitation. Along with Scheduled Tribes (tribes […]
The numbers are in – and they don’t paint a pretty picture of India’s economy, with growth continuing to slow and prices remaining very high. According to “Quick Estimates” by the government, the Index of Industrial Production (IIP) declined by 2.2% in June, compared to an initial estimate of 1.6% decline in May. The IIP, […]
