The adoption of genetically modified BT Cotton, from Monsanto, has reached 90% of the total cultivated area, the Government said today. It has, meanwhile, slightly revised the cotton production for the just concluded financial year (2010-11) downwards from 33.5 million tonnes to 33.43 million tonnes. The 90% achievement for Monsanto’s Bt Cotton in India has […]
37% of India’s IT-BPO workforce is comprised of Women, while 88% of all employees are 35 or younger, Nasscom’s latest HR survey revealed. The proportion of women in India’s newest industries is bound to increase in the coming years as they made up 40% of the new hires in the last three years, the survey […]
Defending against former telecom minister A Raja’s allegation that neither the Finance minister and the Prime Minister raised objections when the alleged scam beneficiaries were benefiting from foreign investment into their ‘tainted’ companies, telecom minister Kapil Sibal said there was nothing wrong with the funding. In a statement, he said that the under the rules […]
Wimax’s biggest win Sprint Nextel has inked a $13.5 billion, 15-year deal with wholesale connectivity provider LightSquared to construct and operate an 4G LTE network on the latter’s spectrum. Sprint’s role will be that of a technology and operations partner and it shall have preferential status to buy 50% of the capacity created by the […]
India’s biggest oil producer, the Oil and Natural Gas Corporation (ONGC) saw a decline of 2.4% in its crude oil and 5.5% in its natural gas production in June due to declining supply from its star performer – the Mumbai High. However, rising production from Cairn India’s Rajasthan fields more than made for the decline, […]
Earlier this year, when AMD released their new Fusion chips combining the power of ATI graphics with its own processors, they were touted as Atom-killers. Despite the hype, however, actual models based on the revolutionary and bold architecture were few and far between to be seen in the Indian market. Sony was the first to […]
The steeper than expected hike in short-term interest rates by the Indian central bank has irked the industry, which had been calling for the Reserve Bank of India to desist from hiking rates. Against an expectation of 0.25 percentage points, the RBI chose to err on the side of caution by hiking short term base […]
Microsoft has escaped punitive action by the Indian competition watchdog after the law-firm that complained about its alleged abuse of monopoly failed to back up its case with evidence. Microsoft India was dragged to the Competition Commission of India (CCI) in August last year by Delhi-based law firm Singhania & Partners after the company demanded […]
Microsoft has opened a new research and development center in Bangalore, targeted primarily at improving its fledgling online ad business ‘adCenter’ and muscling in on the booming global online ad market dominated by archrival Google. The latter already has a huge research and development team in India which has been responsible for creating several of […]
Uninor, the joint venture mobile operator from the Telenor group of Norway and India’s Unitech, has posted surprisingly robust growth numbers for the second quarter. The firm’s revenues jumped 32% to Rs 572 crore in the just-concluded June quarter compared to the immediately preceding March quarter. Compared to the June quarter of last year, this […]
After playing second fiddle to ‘international’ brands in the 3G market, Indian brands too are now starting to come out with their own big-screen 3G devices. As for the customer, the rates being offered are around 10%-15% cheaper than those of foreign brands, though variety is quite restricted, with just one or two models with […]
Vodafone has launched what has to be the cheapest 3G plan in India, for its USB-dongle users in Delhi, disturbing the stability in 3G data tariffs seen in the last three months or so. See chart above for a list of cheap data plans. Also see our latest analysis of the data plans offered by […]
Mahindra Aerospace and Mahindra Satyam have signed a Memorandum of Understanding (MOU) for a trade partnership with the Eurocopter Group and its Indian subsidiary, Eurocopter India. The Franco-German-Spanish Eurocopter Group is a division of EADS, a world leader in aerospace, defense and related services and is the world’s number one helicopter manufacturer in the civil […]
Vodafone, World’s largest telecom operator by revenue, has bought 22% of its Indian joint venture Vodafone Essar from its partner, the Essar group, it said in a trading update today. In all, Essar holds around 33% of the Indian company and has agreed to sell the entire stake for a cost of around $5.5 billion […]
Verizon Wireless has launched the 4G LTE-enabled HP Pavilion dm1 notebook, famous for being the first notebook to come out with AMD’s new fusion series of chip. The notebook is targeted at those who use their laptops outside the limited range of their home or office WiFi, but don’t want to compromise on WiFi-like speeds […]
Airtel digital TV-the DTH service from Bharti Airtel, has added 41 new channels to its bouquet, taking the total to 247. The move will allow Airtel Digital, which has been more of a trailer in the DTH wars as far as channel selection was concerned, to move up to the level of other players like […]
Tata Consultancy Services (TCS) has based its Cloud strategy on an ‘own brand’ model, CEO N Chandrasekaran told reporters in Delhi today. He said TCS’s strategy for the Cloud market — in which software is not purchased or ‘deployed’ by customers, but used through the Internet — will not be dependent on other big cloud-brands. […]
In the first VC investment in mobile advertising in India since the global downturn, IDG Ventures has invested $3 million (Rs 13.5 crore) into Vserv, an Indian tech start-up that specializes in serving ads within mobile phone applications. Vserv is one of the few Indian start ups in the mobile eco-system to make an impact […]
CSC, one of the biggest IT services companies in the World with 20,000 employees in India, has set up a new unit targeting the Indian market. The company, also known as the Computer Sciences Corporation, was one of the pioneer IT services firms dating back to 1959, but lost out some of the momentum compared […]
The Telecom Regulatory Authority of India (TRAI), India’s regulator for the media and communications sector, has pulled up major broadcasting companies for violating its pricing rules for TV channels. The regulator, in separate letters addressed to Sun Network, Start Den (of the Rupert Murdoch group), Zee Turner, Taj (Ten Sports), Neo Sports & ESPN, directed […]
