A Patiala House court has started the process of framing of charges against Suresh Kalmadi in the Commonwealth Games (CWG) case. The CBI’s chargesheet against Kalmadi, chairman of the Commonwealth Games organizing committee, and his associates accuses them of causing a loss of about Rs 100 crore to the nation. Framing of charges marks the […]
India’s current account deficit (CAD) reached an all-time record of $22.4 billion in the quarter ended September 2012, even as capital account inflows rose sharply in reaction to government’s economic reforms, according to Reserve Bank of India numbers compiled by Crisil Research. Current account refers to ‘permanent’ movement of money into the country, such as […]
Market leader Airtel also leads in generating the largest number of consumer complaints to the telecom regulator, junior telecom minister Sachin Pilot said on Wednesday. Replying to a question in the Lok Sabha, Pilot said Airtel accounted for roughly one third (32.5%) of all the complaints received by the Telecom Regulatory Authority of India against […]
If you are wondering why Ubuntu, arguably the third most popular operating system for the PC, thinks it can take on Android, the top mobile OS also built on top of Linux – the answer may lie in two aspects – speed and a hybrid nature. Ubuntu says its phone will be “blazingly fast” as, […]
The oil companies have increased the quota of LPG cylinders for the six months from September 14, 2012 to March 2013 to a total of 5 cylinders, responding to the government decision today. They have also decided to increase the price of diesel by about 65 paise from the night of January 17 and by […]
It’s been only a week since Videocon launched India’s first HD display 10-inch tablet in the Rs 11,000 range, but the reign of the Videcon V10 as the most value for money tablet in India has been cut short by the Spice Mi-1010, launched today. Many of the specifications are the same, including the 1.5 […]
The era of fast growth and bulging profits are over for the Indian telecom sector, at least for the short and medium term, said India Ratings, an associate of global ratings agency Fitch. The ratings agency maintained its ‘negative outlook’ on the sector, pointing out that costs are likely to remain high in the immediate […]
A total of $42.3 billion was spent online during the entire November-December holiday shopping season, a 14-percent increase from 2011, digital measurement company comScore said. Days that stood out included Free Shipping Day on Monday, Dec. 17, when spending was up 76 percent to $1.013 billion, and Christmas Day, which saw online spending jump 36 […]
LAVA International has added to the growing category of 5-inch phones in India – launching the IRIS 501, priced at Rs 9,999. The Lava IRIS 501 will compete against the wildly popular Micromax Canvas 2 A110, and to some extent against the Karbonn A30 and the iBall Andi 4.5h. The Micromax A110 is priced at […]
Sales of tablets doubled in the July-September quarter in India, compared to the previous three months, as shipments of Samsung’s tablets almost quadrupled, research firm CyberMedia Research (CMR) said in its quarterly report. According to CyberMedia Research estimates, total shipments for the India Tablet PC market are expected to close at 3 million units in […]
India’s biggest cloud computing company, Ramco Systems, has inked a deal with Dubai-based Emirates aviation group for supplying cloud-based services to its engineering group. The revenue size of the deal, involving Ramco’s ‘Aviation Suite’ of software, was not disclosed. The suite of cloud-based software offers complete ERP functionality including HR, Finance, and Materials. “We have […]
A big bone of contention between several BSNL employees unions and the government — the repatriation of ‘unabsorbed’ ITS officers — may be nearing a resolution with the government setting up a “committee of secretaries” after a final court deadline lapsed three weeks ago. The dispute revolves the repatriation of more than 1,000 ITS (Indian […]
S Jayaraman, a 1977 IPS officer, has become arguably the second most powerful officer in India’s security and intelligence circles with his appointment as the “special secretary” in charge of internal security in the ministry of home affairs. He succeeds Ajay Chadha, who recently moved to head the Indo-Tibetan Border Police (ITBP). Chadha was also […]
The transition of public vehicles from diesel to CNG, achieved after a struggle of several years and after much pain by commuters and vehicle owners, is now being undone by an unexpected force — the government’s higher tax rate on petrol. In a significant move that may have big implications for India’s car industry, particularly […]
The Jammu & Kashmir Panthers Party has joined Janatha Party’s Subramanian Swamy and others in questioning the dependability of the electronic voting machines (EVMs) used in India. Delivering a speech on “National Voters’ Day” at Vigyan Bhawan in New Delhi, Bhim Singh, noted activist, lawyer and the leader of the party, said EVMs were being […]
CRISIL Research has predicted a GDP growth rate of 6.7 percent in the coming financial year, compared to its estimate of 5.5 percent in the current year, based on more stable global economic trends, crude price at $100 per barrel and normal monsoon. The rupee will rise to 51-52 per dollar in the next 14-15 […]
Will the Reserve Bank of India cut policy interest rates for the first time in almost a year even as price inflation remains above its comfort zone? Hit by slowing growth and declining demand, the industry sure hopes so. The RBI has been raising interest rates steadily for the last four years. Its official lending […]
Want a quad-core 3G-sim enabled 10-inch tablet in India, but don’t want to spend Rs 37,000 to buy the Samsung Galaxy Note 10? You had no options for a long time, but you’ve got lucky now – and you’ve got the new iBerry Auxus CoreX4 3G to thank for it. Almost out of nowhere, iBerry […]
The starting price for a quad-core smartphone has just fallen from about Rs 30,000 to Rs 11,000 – thanks to the new Karbonn Smart Titanium 1. Karbonn Mobiles has become the first Indian vendor to offer a phone with a quad-core processor – something that was restricted to the likes of Samsung (with its Galaxy […]
Even as companies are still introducing dual-core tablets, quad-core tablets priced at about Rs 19,000 and based on Google’s Android Jelly Bean operating system have hit the market in India. Among the first quad-core tablets to hit the market are the Ramos W30HD, the Onda V972, the Ainol Novo 9 Firewire and the Sanei N10. […]
