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Category: BUSINESS

Global SaaS revenue to grow 18% this year:Gartner

2011-08-162017-03-09 | Prashant Duggal
Global SaaS revenue to grow 18% this year:Gartner

Worldwide software as a service (SaaS) revenue is forecast to reach $14.5 billion in 2012, up 17.9 percent from 2011, said Gartner. SaaS-based delivery will experience healthy growth through 2015, when worldwide revenue is projected to reach $22.1 billion, it added. “After more than a decade of use, adoption of SaaS continues to grow and […]

BUSINESS INFOTECH UNCLASSIFIED

CVC unearths new landphone scam in BSNL?

2011-07-092017-03-09 | RealTime News
CVC unearths new landphone scam in BSNL?

The Central Bureau of Investigation (CBI) is investigating an alleged scam in the procurement of wireless land-phones, known as FWTs or fixed wireless terminals, by BSNL. In reply to a question by member of Parliament P Lingam and others, the ministry of communications and IT said that the CBI started the investigations on the basis […]

BUSINESS UNCLASSIFIED

IIT Indore runs into forest clearance hurdle

2011-07-092017-03-09 | RealTime News
IIT Indore runs into forest clearance hurdle

IIT Indore, one of the eight new IITs being set up by the government, has run into forest clearance hurdles for its campus near Indore city. The central government’s Forest Advisory Committe, the apex experts body clearing forest allotments in the country, has rejected the Madhya Pradesh government’s proposal to allot 80 hectares of central […]

BUSINESS UNCLASSIFIED

Government thinking of annual awards for journalists

2011-07-092017-03-09 | RealTime News
Government thinking of annual awards for journalists

The government is thinking of setting up annual National Awards for media, similar to the National Film Awards, to reward excellence in media and journalism, the ministry of information and broadcasting said in reply to a question in the Parliament. “A National Media Awards scheme is being examined in the Ministry. Details will be provided […]

BUSINESS UNCLASSIFIED

Despite big operators’ efforts, Indian telecom tariffs slide to 30 paise/min mark

2011-07-092017-03-09 | Trisha Thomas
Despite big operators’ efforts, Indian telecom tariffs slide to 30 paise/min mark

If the traditional, big Indian mobile operators were dreaming of increasing tariffs in what is often called the world’s most competitive market, they have got another thing coming. It was in July last year that big operators, such as Airtel, Vodafone and Reliance, proclaimed the end of the cheap-tariff era and hiked call rates by […]

BUSINESS COMMUNICATION UNCLASSIFIED

No defence-person punished despite 93 charges of human rights violation: Gov

2011-07-092017-03-09 | RealTime News
No defence-person punished despite 93 charges of human rights violation: Gov

The government has not taken any disciplinary action against any defence personnel against whom complaints have been received in the last two years, according to numbers laid in the Rajya Sabha. Asked by member P Rajeeve to give the number of persons in the army, navy, air force or other wings against whom disciplinary actions […]

BUSINESS UNCLASSIFIED

Pak channels dominate India’s not-so-good list

2011-07-092017-03-09 | RealTime News
Pak channels dominate India’s not-so-good list

Satellite TV channels from most of India’s neighbours figure in a list of ‘harmful’ channels compiled by Indian security forces, according to information provided to the Rajya Sabha by the government this week. Not surprisingly, Pakistan is home to the highest number of ‘harmful’ channels, as determined by Indian security agencies. Also interesting is the […]

BUSINESS UNCLASSIFIED

Tata Communications completes round-the-world fibre loop

2011-07-092017-03-09 | RealTime News
Tata Communications completes round-the-world fibre loop

Tata Communications said it has established a fibre optic connection between India and Europe, making it the first company to offer a round-the-globe fibre network. The latest, 9,280 km Eurasia (TGN-EA) cable connects Europe to India through Egypt, The latest cable runs “across the Mediterranean and the Middle East, uses fibre-optic technology based on microscopic […]

BUSINESS UNCLASSIFIED

New RBI rules to hit growth rates of gold loan companies: Crisil

2011-07-092017-03-09 | RealTime News
New RBI rules to hit growth rates of gold loan companies: Crisil

Rating agency Crisil has warned that new RBI regulations that limit the amount of money gold-loan companies could provide will reduce the growth rate of the industry from 80% to 20-25% per year. New regulations from the Reserve Bank of India prohibit companies from loaning more than 60% of the value of the gold that […]

BUSINESS UNCLASSIFIED

Tablet with capacitive screen to take on Akash and Penta

2011-07-092017-03-09 | RealTime News
Tablet with capacitive screen to take on Akash and Penta

Were you tempted by the Rs 2,900 Akash tablet, or the Rs 3,250 Penta tablet from BSNL, but put off by their resistive touch-screen displays? Help is at hand, in the form of Wishtel, an Indian company that has brought in a decent capacitive-touch tablet at Rs 5,500. The Wishtel IRA and ‘IRA Thing’ tablets […]

BUSINESS UNCLASSIFIED

Uninor subscribers growing six times as fast as industry

2011-07-092017-03-09 | Trisha Thomas
Uninor subscribers growing six times as fast as industry

Uninor, the joint venture between the Unitech group and Norway’s Telenor has emerged as the fastest growing Indian telecom operator over the last several months. In the six months ended February, the company’s average subscriber addition per month is 2.23 million, higher than any other company in India. Uninor’s closest competitor is Idea Cellular, which […]

BUSINESS COMMUNICATION UNCLASSIFIED

Cloud pushing PCs away from the digital centre-stage: Gartner

2011-07-092017-03-09 | Trisha Thomas
Cloud pushing PCs away from the digital centre-stage: Gartner

The growing prevalence of the Internet will push the beloved personal computer to the sidelines, new prediction from technology market research firm Gartner says. “The reign of the personal computer as the sole corporate access device is coming to a close, and by 2014, the personal cloud will replace the personal computer at the center […]

BUSINESS COMMUNICATION UNCLASSIFIED

Dell to launch Dell XPS 13 ultrabook in India

2011-07-092017-03-09 | RealTime News
Dell to launch Dell XPS 13 ultrabook in India

After Wipro, Toshiba, Lenovo, HP, Samsung, Asus and Acer, it is Dell’s turn to launch an ‘Ultrabook’ in India. The third largest PC brand in the world will launch its 13-inch Ultrabook, the Dell XPS 13, on Tuesday in Mumbai. The Dell XPS 13 is priced at Rs 80,000 in India. The XPS 13 will […]

BUSINESS UNCLASSIFIED

Opposition loses vote on NCTC in Rajya Sabha as Gov wins new allies

2011-07-092017-03-09 | RealTime News
Opposition loses vote on NCTC in Rajya Sabha as Gov wins new allies

A combined amendment bill put forth by the opposition in India’s upper house on NCTC Rajya Sabha was defeated by 105 votes to 82 in a surprise outcome today. The amendment, intended to take the sting out of the National Counterterrorism Center legislation brought in by the government. Though the government had only 94 votes, […]

BUSINESS UNCLASSIFIED

Bangalore-based Ittiam Systems crosses $20 mln mark

2011-07-092017-03-09 | RealTime News
Bangalore-based Ittiam Systems crosses $20 mln mark

In India’s world of outsourcing and me-too IT companies, Bangalore-based Ittiam Systems stands out. Founded more than ten years ago with the vision of leveraging India’s intellectual capacity to create intellectual property (such as patents), instead of simply helping others do their job, the company has just crossed the $20 million revenue mark. Interestingly, the […]

BUSINESS UNCLASSIFIED

Telecom operators wash their hands off Blackberry-encryption controversy

2011-07-012017-03-09 | RealTime News
Telecom operators wash their hands off Blackberry-encryption controversy

Despite raising a hullabaloo over getting access to blackberry encrypted messages for the last three years, the government is yet to get the ability to check such messages, it said on Wednesday. While it was assumed that it now has the capacity to ‘screen’ all communications going in and out of India, the new statement […]

BUSINESS UNCLASSIFIED

Idea Cellular expands 3G in Kerala to all districts

2011-07-012017-03-09 | RealTime News
Idea Cellular expands 3G in Kerala to all districts

IDEA Cellular said it has extended its 3G services to all the districts in Kerala. Idea has now launched 3G services in the Idukki district, in towns such as Adimali, Munnar, Kattapana, Thekkady, Mayiladumpara, Anakara, Cheruthony, Kumily, Thadiyampadu and Nedumkandam, the company said. Idukki is one of the most difficult and backward districts in the […]

BUSINESS UNCLASSIFIED

Iraq resumes flights to India after 20 years

2011-07-012017-03-09 | RealTime News
Iraq resumes flights to India after 20 years

After nearly two decades, Iraqi Airways will restart its flights to India, starting with Mumbai. Direct flights between India and Iraq were stopped during the first Gulf War in 1990-91. The first flight from Baghdad and the holy city of Najaf will arrive in Mumbai on 18th March, 2012, a statement from Iraqi Airlines said. […]

BUSINESS UNCLASSIFIED

CBI officer probing IPS officials found dead

2011-07-012017-03-09 | RealTime News
CBI officer probing IPS officials found dead

G Haridutt, the CBI investigating officer who set alarm bells ringing in the higher echelons of the Kerala police with his stinging report on the death in custody of murder-accused Sampath, has been found dead in his apartment. Haridutt had repeatedly expressed fear to the Courts that he was being targeted by the higher ups […]

BUSINESS UNCLASSIFIED

Budget highlights: Income Tax and Macro-economy

2011-07-012017-03-09 | RealTime News
Budget highlights: Income Tax and Macro-economy

Tax proposals for 2012-13 mark progress in the direction of movement towards DTC and GST in the budget 2012-13  DTC rates proposed to be introduced for personal income tax.  Exemption limit for the general category of individual taxpayers proposed to be enhanced from `1,80,000 to `2,00,000 giving tax relief of `2,000.  Upper […]

BUSINESS UNCLASSIFIED

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