Wipro Limited reported March quarter IT Services Revenue at $1,400 million, a sequential increase of 4.2% and YoY increase of 20.1%. The growth is slower than the 5.6% posted in December quarter and the 5.7% growth posted in September quarter, but higher than the 3.2% growth of the June 2010 quarter. It has guided for […]
Good news for the Indian IT industry as the first three big results have confirmed that attrition — which had reached disturbing levels 3-4 quarters ago, is finally coming under control. Both Infosy and TCS continued to post significant declines in attrition levels in the March quarter. However, HCL Technologies, the country’s fifth largest IT […]
It was a movement started by the KDE group around 3 years ago — radically redesigning how the Linux desktop looks. Since then, Ubuntu — the most popular flavor of Linux out there — latched on and announced it too will radically alter how the computer interface will look. Through all the retching changes, the […]
Jairam Ramesh, India’s ‘activist’ environment minister, will flag off the first harvesting of bamboo by villagers on 27th under a new law that removes the plant from the list of restricted category. Ramesh has, over the past several days, sent letters to state chief ministers clarifying that bamboo was a grass and not a tree […]
Three years after the riots of 2002, Michael S Owen, the US Consul General in Mumbai, gave a vivid description of Gujarat reminding readers of Akira Kurosawa’s classic, Rashomon. While NGOs and minority representatives insisted the presence of a ‘communalizing’ government, business leaders and government officials portrayed a picture of normalcy and harmony. In the […]
DOMO, a PC peripherals and tablets brand, has launched its first two smartphones – a 5.2 inch dual-core model priced at Rs 8,900 and a 4-incher at Rs 3,990. Both models are priced reasonably, and offer value for money. However, the company has not revealed one crucial factor, especially for the 5.2 inch model – […]
India’s old-world and “capacity-constrained” bureaucracy is the biggest impediment to improving relations its relationship with the US, US embassy officials told Secretary of State Hillary Clinton in a briefing paper prepared for her July 2009 visit. According to the Peter Burleigh, the in-charge of the American Embassy in New Delhi, even as the defence forces […]
Many users of Facebook in India were surprised to find a small ‘camera’ icon next to their comment boxes under posts made by others. Indeed, India is one of the early markets to receive the feature, which started rolling out overnight. The feature allows commenters to upload jpeg or png files as part of their […]
Some among Kashmir’s seperatist leaders felt that Afzal Guru, convicted by the Supreme Court to death for his part in the Indian Parliament attack of 2001, should hang, but did not dare say so openly. In a private conversation after the Supreme Court confirmed Afzal’s death sentence in 2006, Goeffrey Pyatt, the in-charge at the […]
David Mulford, the US ambassador to India from 2004 to 2006, sent a piercing assessment of India’s political situation, including a description of the ‘sycophancy’ inside the Congress Party. The 2006 assessment was sent soon after the Supreme Court quashed a move by former Congress leader and then Bihar Governor Buta Singh to dismiss an […]
Fund flows from Foreign Institutional Investors reacting to global and local factors is largely behind the sharp fluctuation in the value of the Rupee over the last few days, Crisil Research has said. While predicting that the Indian currency will recover much of the ground lost over the past one month or so, the agency […]
The government has extended the deadline for electronics manufacturers and importers to get safety certifications for their products due to delays at the Bureau of Indian Standards (BIS). The original deadline was July 3, after which products that did not meet the safety norms were not to be sold. “Department of Electronics and IT shall […]
Third-party datacenters will overtake captive datacentres in growth over the next three years, according to CyberMedia Research. In a new report, the agency also puts the size of the India Data Center Services at Rs 11,800 crore. Data centres are buldings that host thousands of computers that are used to process large amount of data […]
Men may mock fairness ads targeting them, but underneath their pretensions, they all want to look good, according to India-based marketing-research firm NeuroFocus. “Males are restrained from expressing this deep seated need as a result of centuries of social conditioning, but there is clearly a primal drive to be perceived as desirable,” it said, announcing […]
Speaking for the first time on the issue of corruption after the agitation of the social activist Anna Hazare, Indian Prime Minister,Manmohan SIngh, talked about tough legislative and political action to combat the menace of corruption. Underscoring the present mood and anger of the nation against corruption Singh admitted that there is little tolerance among […]
The United States Chairman of the Joint Chiefs of Staff Admiral Michael Mullen has accused Inter Service Intelligence(ISI) of Pakistan for having close relation with the Haqqani terrorist network which is believed to be behind most of the attacks on foreign installations and individuals in Pakistan and Afghanistan. Talking to Pakistan based English daily Dawn,the […]
A new GreenPeace study has targeted India’s diesel-addicted telecom industry, estimating that it contributes around 2% of India’s green house gas emissions. The telecom towers and networks consume around 2 billion litres of diesel a year, release 5,600,000,000 kg of Carbon Dioxide or equivalent heat-trapping gas per year. “We expect the ICT sector to play […]
VentureNursery, India’s first angel-backed start-up accelerator has announced an investment in Mumbai-based consumer internet company Smursh Ecommerce, the owners of Klip.in. Klip.in helps users discover unique and interesting lifestyle products across the web by aggregating and curating them based on their social connections and interest graph. Klip.in covers over 5000 products curated from over 100 […]
India’s biggest industry association, the Confederation of Indian Industry (CII) has lauded the passing of the Companies Bill in Parliament today. The bill has many provisions that bring Indian corporate laws and regulations in line with what is in vogue in more developed economies like that of the United States and Europe. It protects employees’ […]
CRISIL has cut its estimate for India’s GDP growth rate to a decade-low of 4.8% for the current financial year ending March 2014, but it has pointed to a strong performance by agriculture. It warned that the infrastructure, capital goods, automobiles and real estate sectors are in for a tough time this year. “Agriculture is […]
