The telecom and media regulator TRAI has taken the first step in imposing ownership controls in India’s fast-growing media sector. In a consultation paper on ‘cross media holdings’, the TRAI has suggested different approaches, all of which will make sure that a single media house will not be able to have extensive or dominating presence […]
India has a 50-50 chance of being a ‘break-out nation’ economically, Ruchir Sharma, managing director and head of emerging markets and global macro, Morgan Stanley said at an event held in New Delhi today. Being at the right stage of its reform cycle coupled with a healthy investment to gross domestic product (GDP) ratio and […]
International Data Corporation or IDC, the market research firm said it has “slightly downgraded” its expectations for the ERP market in India due to a “continued mindset of caution and tactical investments” among organizations in India. ERP or enterprise resource planning software provides large organizations a ready made way of keeping track of different assets, […]
Kerala emerged on top in per capita spending on non-food items, while Gujarat is the fastest growing, according to a survey by industry chamber Assocham. Haryana emerged on top in terms of expenditure on food-items. The numbers seem to indicate that Keralites, and South Indians in general, spend much less on food compared to others, […]
Hit by cut-throat competition and mounting losses, online retailers like Flipkart and Snapdeal in India have taken a big step towards rationalizing their offering — they have stopped offering free shipping for orders worth less than Rs 300. The move follows relentless competition in the fast-growing field, which forced these companies to offer ultra-low prices […]
If you thought the Indian Railways was getting more unsafe for women, you are not off the mark. Numbers relating to the number of registered sex crimes committed against women in Indian Railways have shown a sharp increase in the last three years — a period when mostly Trinamool Congress chief Mamata Bannerjee and her […]
It’s bad news on the face of it, but a closer look at the wholesale price inflation (WPI) numbers released today reveals that things are not as bad as they appear, and chances of an interest rate cut by RBI are not totally absent. Government numbers released today revealed that the rate of price increase […]
India’s oil import bill continued to remain near record levels in January, and imports of non-oil items too gained pace, taking the trade deficit to the unhealthy $200 billion mark this year. India’s oil bill rose 7 percent in January to $15.6 billion. The increase was 12.3% in rupee terms, as the value of the […]
A vast majority of salaried class people employed in a host of trade and industry sectors want the Finance Minister Mr. P Chidambaram to raise the exemption limit of income tax to at least Rs 3 lakhs and increase deductions such as medical and educational allowances in the Union Budget so that they are left […]
Global payments company Visa Inc has tied up with India’s ICICI Bank to introduce a ready-made ‘mobile money’ solution targeting mobile operators, smaller banks etc.. The solution, which will enable smaller banks and operators compete with the likes of ‘Airtel Mobile Money’ and Oxicash, has got its anchor tenant in the form of Maxis-owned Aircel […]
India has been dragged into a tough diplomatic situation with the former president of Maldives Mohamed Nasheed and 12 members of parliament from his party rushing to the Indian embassy in the island nation, seeking protection. Maldivian police forces are standing outside the Indian embassy, urging the politicians to get out of the embassy and […]
It has been a year since Indian and foreign media reported that India’s procurement of 12 VVIP helicopters from Italy’s Finmeccanica through Britain’s Agusta Westland was being probed for corruption by magistrates in Italy. Yet, the government did not order any inquiry despite the Italian investigation. It was in February 2012 that Italian media reported […]
Cheap and Samsung never go together, at least in the Indian market. The Korean company enjoys the perks of being a premium brand, next only to Apple, in the Indian mobile and tablet market. While that has ensured that the Indian market remains profitable for Samsung, it has also opened up a large gap in […]
The Suryanelli case has taken yet another turn with the arrest of Dharmarajan, the only person who was convicted in the case and who accused Rajya Sabha deputy chairman PJ Kurien of involvement in the rape case. Dharmarajan had jumped bail soon after being convicted in 2001 for traficking the girl for prostitution and other […]
Giving into a long-time demand from users, Google News has now enabled users to totally filter out, or ‘ban’, news sources that they don’t like. The feature, introduced without any fanfare, works using a ‘slider’ system for signed-in users, and can be accessed by clicking on the ‘gear wheel’ icon on the top right of […]
The Suryanelli rape case took yet another turn on Monday morning with Dharmarajan, the key and only person in the scandal who was convicted in the case, saying that he had taken Congress leader PJ Kurien to the Kumili guest house where the girl was kept. Rajyasabha deputy chairman PJ Kurien was not named in […]
India’s consumer price index has jumped by 10.8% in January, on of the steepest rates of price increases. Price increases are calculated on the basis of surveys conducted by the National Sample Survey Office (NSSO) to find out what ordinary people consume the most, and how the prices have changed in the market. An increase […]
If you are planning to break up with your partner, better change the passwords of your Facebook, email and even banking accounts – according to the findings of a new survey by McAfee. The online survey, involving more than 1000 people in India, found that found that about 3 in 4 (74%) individuals regularly check […]
Hilton Worldwide, one of the world’s biggest hotel chains, has opened its seventh hotel in India’s national capital region of Delhi (NCR). The Garden Inn will be Hilton’s 12th hotel in India, and is located in Gurgaon, a satellite city of Delhi home to the biggest number of IT companies in North India. The 201-room […]
The government of Kerala again refused to order a new investigation into the role of Rajya Sabha chairman PJ Kurien in the Suryanelli case after CP Ramaraja Prema Prasad, secretary in the law ministry, said the new revelations do not justify a new inquiry. “Factually or legally, there are no sufficient grounds to order further […]
