Cognizant Technologies, the fastest growing India-based IT services firm, warned of slower growth in 2011 compared to 2010 due to the exhaustion of ‘pent up’ demand. The firm, which posted another blockbuster quarter with a 45.2% jump in revenues, also announced an aggressive $500 million office-expansion program for accommodating 55,000 more employees. The firm, likely […]
Hit by an onslaught of tablets as well as a bad economic climate, growth in computer sales this year will be only a fraction of what was predicted earlier, IT market research firm Gartner has said. It has downgraded the PC market growth for this year from 9.3% announced earlier to just 3.8% today. This […]
Good intentions cannot be a substitute for good judgement. The Indian media has, with some exception, discharged its duty well in keeping many scams and corrupt deals high on the public’s consciousness and bringing corrupt public officials to book. But the latest controversy over satellite transponder deal between ISRO and Devas Multimedia is a clear-cut […]
iBall, famous for computer peripherals such as keyboard, mouse, web-cam etc., has just launched the iBall Slide, a tablet very similar to the Spice Mi-720 tablet except for built-in 3G support. In addition, the iBall Slide also suffers from a higher price of Rs 13,995, compared to Rs 11,990 for the Spice Mi-720 and Rs […]
Debian Linux, the world’s largest volunteer software project that counts its contributors in the thousands, released the sixth iteration of its Linux version, called Debian Squeeze. Debian is famous for being the parent of the most popular Linux brand — Ubuntu, promoted by Mark Shuttleworth, the founder of Thawte who sold his firm to Verisign […]
China leads the World in software piracy, according to the software industry ‘advocacy’ group, the Business Software Alliance (BSA). According the results of a study of 15,000 users in 32 countries, the Chinese had a software ‘pirate rate’ of 86%, followed by Nigeria with 81% and Vietnam with 76%. Interestingly, India, which too is suspected […]
After getting the outlay for the National Rural Employment Guarantee Scheme (NREGS) from Rs 30,000 crore to 40,000 crore last year, the rural development ministry is seeking a further increase to Rs 64,000 crore for the next year. The government will also start kick off a Rs 2,500 crore programme to check fraud accounts by […]
Despite the pretensions of being a global engineering talent pool, India is increasingly falling behind even countries like China in innovation, according to a white paper released by Delhi-based Zinnov Consulting. According to the paper, the number of patents filed in India is just one-eighth that of China. This is despite the fact a large […]
Devas Multimedia, at the centre of a controversy over satellite transponder deals with the government, has hit out at the Prime Minister’s statement that the government was determined to end the contract. The PM Manmohan Singh, speaking to editors in the capital, had said that there was no question of going ahead with the 2005 […]
Taiwanese PC brand Acer has unveiled the cheapest netbook by any major brand in India – the eM350, which will cost just Rs 10,999 including a free MTS data-card. The current starting price for branded netbooks is around Rs 14,000. The new netbook will have similar features to most netbooks in the market — at […]
Embattled satellite music firm Devas Multimedia today came out strongly against allegations of misappropriation of spectrum levelled by some media outlets. In media briefings in the capital, Devas’ founder and president, Ramachandran Viswanathan blamed corporate rivals and other vested interests for the controversy. He also denied that his firm had got a ‘sweetheart’ deal from […]
After nealry 2 months of deliberations, the environment ministry under Jairam Ramesh order the 31-storey Adarsh Co-operative Society building to be demolished. The final order, issued on Sunday, found the Society guilty of “negligence or an act of gross and deliberate misrepresentation” in failing to secure environmental clearance for their building. The order also found […]
The ministry of environment and forests (MoEF) of government of India has asked state level agencies to report all violations of the coastal buffer zone rules within four months and initiate action in another four. The directive has been issued soon after the coastal management authorities got new powers under the Coastal Regulation Zone (CRZ) […]
Airtel, which announced its first 3g launch on Monday, will charge Rs 675 per month for a decent 1.25 GB of data usage and around Rs 2,000 for 14 GB, according to details released during the Bangalore launch. The rates are slightly lower than those of Reliance Communications for low volume users, but costlier for […]
Sony has become the first computer firm to launch AMD’s Fusion brand in India. The firm, which has been targeting the mass market in India recently, announced a new laptop with the highest powered Fusion chip yet — the E-350 dual core 1.6 GHz processor. The AMD Fusion is a revolutionary design from AMD that […]
The Government may allow FM radios to air news bulletins after the setting up of a sector regulator, according to Arvind Kumar, Joint Secretary, Ministry of Information and Broadcasting. Kumar, addressing IACC’s 7th Indo-US Economic Summit, said that the government was afraid that irresponsible reporting can have deleterious impact on the social and cultural fabric […]
Bringing slight respite to the government, the whole-sale food price inflation has slipped to 16.9% for the week ended 1 January, 2011. The indicator, which shows the price rise in food articles at the wholesale market level, was at 18.3% in the preceding week. However wholesale vegetable prices were up a whopping 71% in the […]
Fresh from its introduction of the ‘fusion’ series of CPU-GPU combination chips, AMD has put the technology on embedded systems creating what it called the most power embedded system ever. “This new class of accelerated processor combines more compute capabilities on a single die than any processor in the history of computing and represents opportunity […]
Global IT purchases will grow by around 7.1% in 2011 — slightly lower than 7.2% in 2010 — according to IT market research firm Forrester Research. The forecast is a more subdued one than that of July last year, when the agency had predicted an 8.4% growth. In July, it had also foreseen a growth […]
India seems set of another bumper wheat crop in 2011 as the sown area has increased by 3.2% compared to the winter season a year ago. A total of 29.1 million hectares were sown with wheat for the current winter crop, according to statistics released by the agriculture ministry. The procurement of wheat by the […]
