Welspun Solar Madhya Pradesh Private Limited, a wholly owned subsidiary of Welspun Renewable Private Limited, has won the largest solar power contract in Indian history. The company, part of the formerly textile-oriented Welspun group, won a contract for setting up a plant that will generate 125 million watts (megawatt or MW) of power. In comparison, […]
The Telecom Regulatory Authority of India (TRAI) has pulled up operators Bharti Airtel and Idea Cellular for imposing discriminatory charges on new operators to deliver their SMS to Bharti and Idea subscribers. The Authority has asked the two to immediately comply with the law which requires any ‘inter connect’ charge to be transparent and equitable […]
Chinese PC brand Lenovo was able to snatch the number 1 position from Dell and HP in India in the first quarter, but the overall Indian PC market showed signs of a definite slow-down. PC sales to consumers in India was down 3 percent in the January-March quarter compared to the October-December quarter. Overall PC […]
All three finalists in the National Geographic Bee Championship, one of the most prestigious academic competitions in the world, turned out to be of Indian origin. Rahul Nagvekar beat Vansh Jain of Wisconsin and Varun Mahadevan of California in the finals held on Thursday in Washington. The finals saw US President Barack Obama ask a […]
Reliance Communications too has jumped in to the ‘make 3G affordable’ bandwagon – introducing two new plans for low to medium data users on its USB ‘netconnect’ dongle. The new plans offer 1 GB 3G data for Rs 250 per month and 2 GB of 3G data for Rs 450 per month. They are exactly […]
The Aditya Birla Group today announced that it has agreed to take a 27.5% stake in Living Media India Ltd. (India Today Group), through a private investment company. This brings the multi-national conglomerate into the company of others like Mukesh Ambani’s Reliance Industries and the Anil Ambani Group that have significant investments in the media […]
In what may be good news for thousands of fans of Mandriva Linux, the company behind the operating system has decided to set up an independent community to lead the development of the operating system. Mandriva Linux, formerly Mandrake Linux, had stopped coming out with regular updated versions of the popular operating system late last […]
More than half of India’s wells have higher-than-permitted levels of iron, while about one in six have higher than allowed levels of fluoride, according to data from the Integrated Management Information System (IMIS) of the Ministry of Drinking Water and Sanitation. The numbers, updated as of April 2012, also show the real extent of arsenic […]
Indian and Indian origin kids dominate yet another annual Google Science Fair, sweeping 18 out of the 40 places in the 13-14 year category this year. Indian kids accounted for all 13 nominations this year from the APAC region, which includes China, Australia and Japan. In all, 90 students worldwide qualified for the Science Fair, […]
After a zooming trade deficit, India may have some more bad news on the balance of trade front – slowing services exports. Services exports, jargon for payments made by foreigners in return for services in India, grew at just 5.9% in the first three quarters of the last financial year (2011-12). In comparison, services exports […]
Indian enterprise IT spending across all industry markets is forecast to reach Rs 1,910 billion (Rs 1.91 lakh crore or $37 billion) this year, a 16.4 percent jump from last year rupee terms. The growth will be less in dollar terms due to the 15-20% fall in rupee value this year, compared to the last. […]
Vehicle owners who are permanently shifting their residences can now get a refund of their road taxes when they apply for a no-objection certificate (NOC). The NOC from the Road Transport Office (RTO) or Department is required to move the vehicle from one state to another and to re-register their vehicles in a new place. […]
Idea has cut prices of its low-use 3g data plans, following a recent cut in 3g tariffs by competitor Airtel, even as it seems to have steeply increased prices in some plans. The price cuts are very similar, if not the same, as those implemented by Bharti Airtel last week. For starters, Idea has reduced […]
The Rajya Sabha passed the Motor Vehicles Amendment Bill 2012, making it possible for owners of motorvehicles to claim a refund on their road taxes when they move out from one state to another. State governments collect road taxes for the full tenure when a two or four-wheeler is registered. Most state governments collect for […]
Idea has cut prices of its low-use 3g data plans, but also seems to have steeply reduced data offered in heavy-use plans. For example, the Rs 1250 plan now offers just 4 GB, while it used to offer 10 GB earlier. Similarly, the data offered by the Rs 850 plan has been reduced to 3 […]
It has been in the market for close to three years, but Internet-on-TV has failed to take off in India due to the high prices of the televisions. That may be about to change. Panasonic has revamped its Smart TV range with 30 new models that cost as little as Rs. 13,990, starting at 24 […]
Worldwide sales of mobile phones to end users reached 419.1 million units in the first quarter of 2012, a 2 per cent decline from the first quarter of 2011, according to Gartner, Inc. This is the first time since the second quarter of 2009 that the market exhibited a decline. “Global sales of mobile devices […]
Many big Indian companies will take a huge hit from the rupee hitting an all-time low, while it may be good news for IT, BPO and export companies. The Indian Rupee (INR) fell to Rs 54.51 per dollar, down 22% from January 2011. As SMC Global Securities points out, this is going to make it […]
Gold prices in the domestic market may cross Rs 30,000 per 10 grams ($55,555 per kg) during the June-August quarter registering a strong recovery on account of myriad reasons ranging from slowdown in inflow by foreign institutional investors (FIIs), rising headline inflation, rupee depreciation, growing signs of fatigue in the realty sector to pent up […]
Videocon, the latest entrant into India’s DTH market, today claimed that it is now offering the highest number of true HD channels in India. The company made the claim as it added six more HD channels to its bouquet, taking the total Asli HD channels on its platform to 19, according to the company. True […]
