The Supreme Court held PJ Thomas’s appointment as illegal primarily because the selection committee did not consider “vital facts” relevant to his suitability as the chief of India’s top anti-corruption agency. “CVC is a crucial institution against corruption.. It is not enough to see if the person is clear in terms of integrity, but also […]
The United States may be trying to isolate Iran commercially, but Assocham, one of India’s biggest trade bodies, is pushing for improvement in India’s trade with the country. The trade body has sent a 50 member delegation to the middle eastern country with the agenda of increasing Indo-Iranian trade. The delegation comprises industry heads from […]
India’s economic situation will improve significantly at all the three critical- macro, industry and firm levels in the coming six months, according to the latest and comprehensive round of the ASSOCHAM Bizcon Survey (ABS). This is despite the fact that as of now, domestic demand remains weak and the global markets stay uncertain. But the […]
Micromax has beaten biggies like Samsung and Apple in the Indian tablet market, numbers for the second quarter, compiled by CyberMedia Research found. It also found that tablet sales increased nearly eight fold 5.5 lakhs for the three months ended June. The number was up nearly 60% compared to the first quarter of the year […]
Rising incomes in rural India are fuelling greater spends on protein products such as milk, eggs and meat in the hinterland, a study by Crisil Research found. Overall spending by Indians on protein foods doubled to Rs 2 trillion in 2009-10 from 2004-05, it said. Most of India’s food price inflation is today due to […]
As the deadline for the switch-off of analogue cable TV dawns nearer, Hathway cable has introduced a new packaging system to avoid any steep decline in its revenue. According to TRAI rules, consumers can simply unsubscribe from any channel they don’t want to watch, after digitization. This will not only lower the revenue of cable […]
India’s crude oil production missed its target by a substantial 5.7% in September, due to 9.2% year-on-year dip in oil production from India’s biggest field, Mumbai High. Against a targeted 3.25 million tonnes of crude oil, India could produce only 3.07 million tonnes in September. Most of the slippage occurred in the Mumbai High field, […]
US secretary of treasury Timothy Geithner said today that India’s recent economic reforms, including allowing foreign investment in retail, will help raise income levels in the country. Speaking at the US-India Economic and Financial Partnership in New Delhi today he said the two countries should further dismantle barriers to access to each other’s economy. “The […]
It was months ago that Airtel Digital’s music (radio) service was suspended pending ‘upgradation’, and going by the news today, the wait was well worth it. Airtel Digital, one of India’s largest DTH services, said it is launching Worldspace Radio at Rs 35 per month. Worldspace was a familiar brand in India till about four […]
Google has introduced a new ‘free SMS’ (text messaging) service as part of its free email service, Gmail. While free SMS notifications – such as those about status updates, comments etc. on Google Plus – were already available, it is the first time that Google is promoting the SMS services as a standalone messaging service. […]
Industry associations have, again, expressed disappointment after the Reserve Bank of India kept interest rates steady. India’s central banker, however, cut the cash reserve ratio (CRR) by a quarter of a percentage point to help ease more money for banks to lend. The RBI has, for several quarters, shown more concern about high prices, and […]
Samsung has powered ahead in the Indian mobile market and now has close to half of the total market, according to second-quarter numbers by Gartner. The Korean company’s share, in terms of revenue, will be even higher as its models are, on the average, costlier than what an average phone in India costs. Samsung’s share […]
Can Windows 8 tablets take on Android-based models such as the Nexus anthe Galaxy, and the iPad? Going by the Dell Latitude 10 tablet, they may attract a particular group. On Tuesday, Dell introduced its first Windows 8 tablet in India, priced at Rs 42,490, and a tablet-cum-laptop convertible at Rs 90,490, as part of […]
Nearly a year after promising to do so, legendary investor Warren Buffet has entered the Indian market through his flagship Berkshire Hathaway. The firm, which was bought by legendary investor Warren Buffet in early 60s, is the primary holding company of the Warren Buffet and gets most of its revenues from its insurance operations. Built […]
It is a much debated question – Cloud computing results in enormous savings for companies, but will all that saving mean IT budgets (and the IT market) will shrink, hitting jobs everywhere? In other words, when you don’t need an army of IT engineers to install and maintain a huge array of local software in […]
Karbonn Mobiles, one of the original Indian cell phone brands, has added five new tablets and smartphones to its range – the biggest one-time launch of products by any Indian brand in recent times. In the new line-up are tablets Karbonn Smart Tab 3 (Blade), Karbonn Smart Marvel (Marvel) and smartphones Karbonn Smart A11, A7+, […]
India Inc this Diwali is severely cutting back its corporate gift budgets by a whopping 45-50 per cent as costs balloon and earnings together with profit margins shrink by the day, according to a just concluded survey by trade body ASSOCHAM. The ASSOCHAM representatives interacted with about 150 different companies with an employee strength of […]
iBall has launched the first dual-core powered and IPS-display enabled low-cost tablet in India – the PC i9702 Slide – priced at Rs 15,000. The tablet, as already noted, is the most advanced tablet ever launched by any Indian or Chinese low-cost company in India, and has a 1.5 GHz dual-core processor. It also has […]
Indian companies, which have posted nine straight quarters of declining profitability on average, are likely to see earnings rise in the coming quarters due to falling commodity prices, Crisil ratings said. “Based on an analysis of the aggregate financials of 280 large companies across 28 key sectors, CRISIL estimates that EBIDTA margins will improve by […]
Google will hold an all-India ‘Doodle 4 Google’ competition for children in New Delhi in November this year. The event, open to children in the 5-16 age category, requires participants to send in their drawings of the Google logo by post by October 23. Google will also visit “a few hundred schools” in 40 cities […]
