Government unveils changes to Foreign Trade policy, new export sops

The following are the main points of the government’s announcement of 2012-13 supplements and changes to India’s Foreign Trade Policy – 2% interest subvention for Handlooms, Handicrafts, Carpets and SMEs Last year the government had agreed to create a special dispensation for labour intensive industry by extending the facility of 2% interest subvention for Handlooms, […]

Wipro unveils India’s first major cloud computing platform

It’s finally here – the first major global Cloud-based platform rolled out by an Indian IT services major. Wipro Technologies, the fourth largest Indian IT services provider, announced it was expanding its Cloud platform by offering a global-level Infrastructure-as-a-Service (IaaS) product. IaaS is the basic level of Cloud offering. On top of IaaS is built […]

Google acquires Quickoffice

Google said it has acquired mobile office-suit software maker Quickoffice for an undisclosed sum. Quickoffice makes programs that allow users to open documents such as spreadsheets on any platform, such as Android, iOS and Symbian. Google seems to be planning to integrate Quickoffice features into its own offering built around Google Docs. “Today, consumers, businesses […]

GSMA lauds Telecom Commission for increasing spectrum in 2G auction

The GSM Association, a worldwide body of GSM equipment makers and mobile operators, welcomed the government’s decision to release double the amount of 2G spectrum than was recommended by the Telecom Regulatory Authority of India (TRAI). The telecom commission, a top body in the department of telecommunications (DoT) had, on Thursday, decided to provide at […]

Ricoh expands in India, sets up manufacturing unit

Japanese camera and imaging company Ricoh Company has expanded its India operations again, this time with a bar-code paper manufacturing operation based in Mumbai. Three months earlier, the company established a development center in India’s software hub Bangalore. Known as Ricoh Innovations Private Limited (RIPL) is to create IT solutions adapted to India’s needs, incorporating […]