Standard Chartered Bank on Thursday announced the launch of a mobile banking application, `Standard Chartered Breeze`, in India. The product will give customers greater ease of use and a higher degree of convenience through an intuitive and design-rich interface, a press release issued in Mumbai said. "Breeze is a comprehensive banking platform that enables our customer to
Online traffic is expected to grow nine-fold to 14.4 exabytes by 2015 from 1.6 exabytes in 2010, a report from US based technology company Cisco has said. The traffic is expected to grow at a compounded annual growth rate of 54 per cent during the five years to 2015, the report said. An exabyte is equivalent to 1 billion gigabyte (GB). A DVD at present has capacity to store over
The FBI was investigating allegations by Internet giant Google that Chinese hackers were behind the hacking of hundreds of Gmail accounts, including those of senior US officials, the White House said. "US President Barack Obama is aware of it and is being updated on regularly," White House Press Secretary Jay Carney told reporters at his daily news conference. "Th
Country`s second largest software exporter Infosys Technologies is betting big on cloud computing and has already appointed about 2,000 experts to work on the technology. "About eight months ago, companies were sceptic about cloud, but now they are talking about how to get there and what applications to put into the cloud. There is tremendous opportunity and we expect about 60 per
Andhra Pradesh has become the first Indian state to sign a collaboratory agreement with Israel in the IT sector to promote innovative business ideas by assisting small and medium scale enterprises with financial grants right from the inception phase to its marketing. "This is in light of the large technical talent pool the state of Andhra Pradesh enjoys. We are very confident and h
Country`s third largest software exporter Wipro on Wednesday said its arm, Wipro Infotech, has been selected by the Jammu and Kashmir Power Development Department as the IT implementation agency under the R-APDRP scheme. The engagement with Wipro will establish automated systems for sustained collection of accurate baseline data for JKPDD as well as enhance adoption of information techn
The Department of Posts (DoP) today launched the Mobile based Money Transfer Service by the Post Offices in the country for quicker transfer of money from one city to another. Launching the service, Union Minister of State for Communications, Information Technology and Home Gurudas Kamat said the aim of launching this service was to help those who were unable to avail banking services.
With an aim to tap India`s growing software market, a Japanese company has commneced its operations in Kerala`s IT campus Technopark in Thiruvanathpuram. The officials of `Yelm Infotech Private Ltd`, a leading software firm specialising in web services of flash animations, gaming software and mobile applications, signed pact with their Technopark counterparts on Tuesday. The com
A 24-year-old man, who holds an MBA from London University, was arrested in Delhi for allegedly cloning the ATM card of a Sub-Divisional Magistrate and withdrawing money from his salary account, police said on Thursday. Mukul Garg, who hails from Ludhiana in Punjab, was apprehended from Mukherjee Nagar yesterday following investigations into a case filed on May 26 by Hauz Khaz SDM Prave
Country`s largest software Tata Consultancy Services (TCS) has hiked the pay package of its chief N Chandrasekaran, raising his monthly salary limit nearly 70 per cent to Rs 10 lakh. The steep pay hike comes against the backdrop of the company`s good performance in recent quarters, even as many of its peers are grappling with tough business conditions. In a filing to the Bombay
Digital media services provider Komli Media on Thursday said it has acquired Singapore-based online firm Aktiv Digital for an undisclosed amount to expand its presence in South-East Asia. "The acquisition of Aktiv will enable us to expand our presence in South-East Asia and give immediate access to key markets like Singapore, Hong Kong and the Philippines," Komli Media CEO Pra
China has launched geographical information database on Tibet to better assist rescue work in the wake of any natural disasters in the region. The database, which took three years to build, will provide detailed and accurate geographical information for rescue operations after major disasters such as earthquakes, mudslides and fire and road accidents, China`s State Bureau of Surveying a
Surprised to see his sons identify an alien bird species in a book but being unable to recognise a bird nesting in their garden, a radiologist in the Valley has captured the pictures of the avian species of Jammu and Kashmir and categorised them on a website. His hobby of bird watching has made Bakshi Jehangir the first person from the state to have taken up the initiative of documentin
Ending weeks of speculation, the government has decided to extend the service of Chief Executive Officer of proposed National Intelligence Grid (Natgrid) Raghu Raman for six months beginning June 1. A formal government notification to this effect will be issued in a day or two, official sources said. The Natgrid -- the Home Ministry`s ambitious project -- after it comes into ope
Home Minister P Chidambaram on Wednesday made it clear that there was no "road block" as such in setting up the National Intelligence Grid (Natgrid) and its work will start when the Cabinet Committee on Security (CCS) gives its nod. "There is no road block. The Detailed Project Report has to be considered by the CCS. So, they have to fix the date for the CCS in which a de
Amid rising instances of debit and credit card frauds, a RBI panel has recommended that banks should put in place secure systems to check such cases within a year`s time. "All acquirers and issuers may put in place adequate fraud risk management systems and processes (within) 12 months," said the panel in its recommendations for an action plan to implement additional authentic
Keeping your thoughts to yourself may soon be a difficult task, as scientists claim to have developed a new computer programme that can tell what a person is thinking. According to the Stanford University scientists, their invention raises the prospect of infallible lie detector tests while the interpretation of intentions could allow security agencies to nab criminals before they break
In view of reports pointing out possible health hazards of using cellphones, Indian telecom industry body for GSM players COAI clarified that the WHO body conducting research has not concluded radio frequency (RF) electro-magnetic field as a cause for cancer. RF electro magnetic field is created around a cell phone when a user talks for a long time. "It is significant that
The Delhi High Court on Thursday reserved verdict on the merger of Aditya Birla Group firm Idea Cellular and Spice Communications which has come under scanner for suppression of facts and said if allegations are found to be true, top executives may face criminal action. The Department of Telecom (DoT) has challenged the 2008 merger, accusing the two companies of suppressing facts about
The Medical Electronics Forum (MEF) on Thursday said the government must provide support to the Indian medical electronics equipment sector for it to witness a revolution on the same lines as witnessed in telecom and IT. "The sector could witness a growth like telecom sector with the active support of the government," FICCI Medical Electronics Forum Chairman A Vaidheesh told P
