Coming Soon: Low Cost iPhone 3G for India sans Wi-Fi
01 apr 2009
Apple could release a new low cost iPhone 3G model in countries like India and China that will run on the 3G network but won’t have support for Wi-Fi.
India
Subsidy burden prompts Reliance to sell pumps to Govt oil companies
16 mar 2009
The much hyped rollout of the 1432 fuel pumps opened by Reliance Industries met with a premature ending owing to the rising crude prices and differentiated Government policies.
All of the pumps owned by Reliance and established with an investment of over Rs.5000 crore were closed in March, 2008 indefinitely.
Bharti Airtel to shift focus to non-voice services
16 mar 2009
India’s largest and world’s 3rd largest wireless telecom operator, Bharti Airtel is restructuring its telecom business into nine vertical businesses each under a separate head.
This is in departure to its existing structure where the businesses are under 3 heads – Wireless Mobile Services, Telemedia Services (DTH, Broadband, IPTV, Fixed Line) and Enterprise services (undersea cable, NLD/ILD).
Who will end up with Satyam in its fold?
14 mar 2009
With the bidding process of Satyam gaining momentum, till now it seems that there are just 3 players vying for the company, that are L&T Infotech, Tech Mahindra and Spice Corp.
Bad time in retail – Kishore Biyani senses opportunity in restructuring
13 mar 2009
Future Group, faced with topline and bottomline pressures is thinking otherwise. The recent easing of FDI norms has prompted the company to undertake a major retructring exrcies to unlock the hidden value in its various formats.
Citi mantra to global market revival: Capital Strength and Earnings Power
13 mar 2009
The global markets are witnessing a brief revival during the week primarily attributed to the internal memo issued by Citi CEO Vikram Pandit to its employees.
Off late Citibank had become a penny stock with 40% of it owned by US Government, however it has but all seems to have tide the storm and brought back the bank into shape.
How to earn steady tax free income from equity investments?
09 mar 2009
With stock market touching new lows every day and still no chances of calling a bottom, investors are hardpressed with choices for their investment decisions.
Even the safe fixed return investments are seeing reduced returns owing to cut in deposit rates.
Design a Currency Symbol for the Indian Rupee
04 mar 2009
A currency sign (like $, £ or €) is a graphic symbol often used as a shorthand for a currency’s name. The Indian Rupee symbol design contest by Finance Ministry is looking for creative designs that also connect with Indian history and culture.
Bloggers in India Beware: You are Responsible for Comments Posted on your Blog
24 feb 2009
In what could turn out to be a landmark case, the Supreme Court of India has said bloggers may face libel and even prosecution for the entire contents of their blog, including user submitted comments.
Nationalisation fears make Citigroup less valuable than SBI
23 feb 2009
Over four quarters of continuous losses and erosion in 90% of its market cap, Citigroup shares have touched a new low of $1.95 making it less valuable than even State Bank of India.