The newly-set up Competition Commission of India (CCI) has thrown out an appeal to prevent India’s public-sector insurance companies from forming a single, jointly-owned and powerful TPA or health insurance agency. The complaint was filed late last year by the Indian Third Party Administrators Association, which represents the interests of independent, and mostly small, third […]
Airtel digital TV-the DTH service from Bharti Airtel, has added 41 new channels to its bouquet, taking the total to 247. The move will allow Airtel Digital, which has been more of a trailer in the DTH wars as far as channel selection was concerned, to move up to the level of other players like […]
Tata Consultancy Services (TCS) has based its Cloud strategy on an ‘own brand’ model, CEO N Chandrasekaran told reporters in Delhi today. He said TCS’s strategy for the Cloud market — in which software is not purchased or ‘deployed’ by customers, but used through the Internet — will not be dependent on other big cloud-brands. […]
In the first VC investment in mobile advertising in India since the global downturn, IDG Ventures has invested $3 million (Rs 13.5 crore) into Vserv, an Indian tech start-up that specializes in serving ads within mobile phone applications. Vserv is one of the few Indian start ups in the mobile eco-system to make an impact […]
CSC, one of the biggest IT services companies in the World with 20,000 employees in India, has set up a new unit targeting the Indian market. The company, also known as the Computer Sciences Corporation, was one of the pioneer IT services firms dating back to 1959, but lost out some of the momentum compared […]
The return of growth has been accompanied by a strong appetite to increase spending on BPO projects, according to IT research firm Gartner. A survey of 600 mid-to-large companies in 14 countries found 54% of the respondents looking to increase their BPO spending this year by 5% or more. Out of this, 20% (of the […]
Despite Idea’s PR agency denying the accuracy of a story published by RTN almost a month ago, Vodafone India has reportedly confirmed the existence of 3g pact between itself and Idea. According to a report by the Hindu Business Line , Vodafone confirmed to the paper that the company does Indeed have such an agreement […]
The Corporate Affairs ministry, headed by Murli Deora has tried to play down the ‘clean chit’ that it allegedly gave to the Essar group and Loop Telecom on violating cross-ownership rules in Telecom. The controversy arose after the Supreme Court directed the CBI not to be influenced by the Ministry’s certifications or deviate from the […]
India’s largest IT services company TCS has announced a 6.3% jump in revenues for the second quarter. Net Profit at was Rs 2,415 crore, up 26.7% year on year, but down 2% compared to the first quarter of this year. Total revenues at were at Rs 10,797 crore up 31.4% Y-o-Y. CEO N Chandrasekaran said […]
The Motorola Droid 3, or what will ultimately be launched as the Motorola Milestone 3, is no Galaxy S2 or even an HTC Sensation. In terms of technology, the Droid 3 will perhaps score 70% marks where the Samsung Galaxy S2 scores a 100 and the HTC comes up with 90% (see chart above.) However, […]
The whole world may be going ga ga over mobile payments, but a survey by consulting firm KPMG may be enough to dampen the enthusiasm a bit. According to the international KPMG Mobile Payments Outlook survey of 1,000 executives in related fields around the World, most expect mobile payments to take four years to go […]
Nuance, arguably the World’s top speech-to-text and artificial intelligence company, has lent its technology to MapmyIndia’s in-vehicle navigation devices. Unlike traditional navigation devices, which make it difficult to understand the name of the street or area due to the in-built “American accent,” Nuance will develop a technology that will give MapmyIndia devices an “Indian accent.” […]
The whole world may be going ga ga over mobile payments, but a survey by consulting firm KPMG may be enough to dampen the enthusiasm a bit. According to the international KPMG Mobile Payments Outlook survey of 1,000 executives in related fields around the World, most expect mobile payments to take four years to go […]
Economists and experts worrying of an impending economic slowdown caused by rising prices, but hiring managers in Indian companies are not, according to the latest hiring numbers from Naukri.com — India’s biggest hiring portal. The company noted a 4% rise in hiring activity in June compared to May and a 19% jump year on year. […]
After consolidating its position in the very top-end of the power-computing market, IBM has now moved to bring the power of mainframes to the mid-range. It announced the launch of a new “affordable” mainframe targeted at both the mid-end and the emerging markets, called the z114 system. In its announcement of mini mainframes for the […]
Despite the US’ official stand favoring an expansion of the UN Security Council, new diplomatic cables leaked by Wikileaks show how it was doing everything it could to delay or mould the reform process to its ends. According to them, the US delegation to the United Nations worked out a clear strategy to delay or […]
The lobbying by Anna Hazare and Co. seem to have produced some results, with the Bhartiya Janata Party officially supporting the major demands of the anti-corruption campaign. Clarifying the party’s stand, spokesperson Rajiv Pratap Rudy said there should be no confusion about BJP’s stand on major issues related to the formulation of the Lokpal bill. […]
IBM, the World’s largest IT company has expanded its IT services contract for Bharti Airtel’s telecom services in Africa, expanding it to provide “comprehensive end user services to Airtel employees.” The American firm already had, late last year, inked a deal to manage the “computing technology and services” for the operators’ network in 16 African […]
The Americans saw India as the biggest stumbling block in their attempts to achieve a compromise over the expansion of the UN Security Council to include new members. In diplomatic cables dating from 2007 — when the negotiations started gathering pace — to 2010, the US delegation to the UN variously characterised India as an […]
The family of the murdered Lucknow deputy chief medical officer (CMO) YS Sachan will move the Supreme Court tomorrow, requesting for a CBI inquiry into his mysterious death. Sachan was tortured and killed in a hospital in a jail in UP a few days ago, on the eve of being produced in Court. The doctor […]
