Category: UNCLASSIFIED

Export growth to the European Union dipped sharply in the financial year ended March 2012, even as imports continued grow fast, according to data for the financial year. Interestingly, the biggest buyer of Indian goods in Europe last year was not the United Kingdom or Germany, but the relatively small Netherlands. Out of a total […]

The Indian government has ordered a massive culling and containment operation to prevent a bird flu epidemic at a farm in its Eastern state of Tripura from spreading. The health department of the government said bird samples from the State Poultry Farm, Gandhigram, Agartala have tested positive for the H5 virus, commonly known as the […]

Get ready to spend this monday. Online shopping companies are bringing the online discount shopping festival ‘Cyber Monday’ to India. About 50 online shopping companies have set up the Great Online Shopping Festival website www.gosf.in promising steep discounts this monday. “Buyers can look forward to exciting deals across a variety of product range,” said Google, […]

Cognizant said it is buying six companies of C1 Group, an independent consulting and IT services firm based in Hamburg, Germany. The terms, including the value and nature of payment, of the transaction were not disclosed. “The companies focus on three industry segments: manufacturing and logistics, energy and utilities, and financial services. Known for their […]

After much waiting, Apple iPad 4, the latest in the series of tablets made by the iconic brand, has hit Apple Stores in India. According to consumer reports, Apple iPad 4, released a few weeks ago in the U.S., is now available in certain Apple Stores, particularly in the bigger cities like Delhi and Mumbai. […]

Government of India seems to have made up its mind on cutting the number of employees in state-owned BSNL by a third, or 1 lakh, in an effort to turn around the loss-ridden company. Responding to a question about how BSNL and MTNL can “manage their affairs with such a huge reduction of staff”, the […]

Videocon has launched two large 3G phones that are the cheapest in their category and are sure to give strong competition to others like Karbonn and Micromax. The 3.5 inch A20 is priced at a jaw-dropping Rs 4,900 and the A30 is priced at Rs 7,200 – much below what similar models are priced at […]

Call it a consolation prize, but India’s goods trade deficit, which zoomed 56% last year to $185 billion, is likely to fall this year due to the poor economy, Crisil Research said. Trade deficit refers to the shortfall between how much a country earns through exports to other countries and how much it needs to […]

Swedish do-it-yourself furniture retailer IKEA may get its way on bringing its large-store format largely unchanged to India, according to latest indications from Anand Sharma, the commerce minister of India. India’s foreign investment promotion board or FIPB, the body that gives approval to big direct investment proposals from outside the country, had “struck off” certain […]

The government has not come across any “irregularity” in the Antrix-Devas deal nor has the deal caused any loss to the government, the office of the Prime Minister, who is charge of Department of Space, told Parliament. The statement has come despite a recommendation by the Cabinet to annul the $300 million deal. Minister of […]

Tamil Nadu chief minister J Jayalalithaa’s pet project Arasu Cable is likely to get into trouble as the Telecom Regulatory Authority of India (TRAI) has come out strongly against allowing any government agency or company to enter the broadcasting space. In its clarification to the government given today, the TRAI said any government company or […]

No security violations or snooping by telecom equipment from Chinese vendors like Huawei and ZTE has ever been noticed, but India will start conducting its own tests from April, the government of India told the Parliament. In response to a question on whether Indian security agencies have “expressed concern” over the market dominance of a […]

A day after launching India’s cheapest 4-inch 3G Android phone, Videocon again blasted away the competition launching India’s only Rs 10,000-range 10-inch HD tablet. Not only is the Videocon VT10 the only 10-inch HD tablet, it also the only large-screen tablet available in India for under Rs 11,000 that can boast of an IPS display. […]

Worldwide external controller-based (ECB) disk storage vendor revenue totaled $5.3 billion in the third quarter of 2012, a 3.6 percent increase from revenue of $5.1 billion in the third quarter of 2011, according to Gartner, Inc. The third quarter of 2012 was the 12th consecutive quarter of year-over-year revenue growth. “Reflecting the weak global macro […]