Leading public sector Bank, Canara Bank, today said it has launched four technology products, enabling cashless services to its customers. A company release said the Canara Bank Debit Card-Platinum, a premier variant of its Debit Card offers many more benefits than the normal debit card for premier segment customers. It offers higher purchase limit of Rs two lakh per day. The car
Fast growing virtual online currencies and digital work worth USD 3 billion is providing real income opportunities to people in developing countries with more than 100,000 people in countries like China and India earning a living through online games and websites disseminating micro-tasks, a World Bank study says. The study -`Knowledge Map of the Virtual Economy` by World Bank Gr
An Indian national, who cheated unsuspecting women he met on internet dating sites and fleeced them of thousands of dollars, has been sentenced to 42 months in prison by a court in Philadelphia. 27-year-old Jaitass Dhanoa preyed on three women of Indian descent, lying to them about his name, citizenship, and employment and convinced them of his love before using their credit card
IT security and data protection firm, Sophos, is today warning Facebook users to be wary of bogus event invites that are currently circulating on the social network. Spammers have invited millions of Facebook users to fake events in an attempt to generate income from online survey scams. One event, called "Who blocked you from his friend list?" has already tricked more
The President of the Pakistan Software Houses Association believes that joint ventures with India in the information and technology sector can boost mutual trade up to USD 5 billion between both countries. Jehan Ara, who recently led a high profile IT delegation to India, noted that through joint ventures, investment and exchange of expertise, Pakistan and India can have mutual t
IT major Hewlett-Packard (HP) today launched the upgraded suite of information management products that will simplify capturing, managing and storing information. "These products bring the holistic approach to information management that will help companies in harnessing the power of information in order to make better decisions and deliver the right information to the right
Price Waterhouse (PW) today said there was no "intentional wrongdoing" by its professionals in the USD 1 billion Satyam accounting fraud case. "Neither of the orders (by US SEC and PCAOB) found that PW India or any of its professionals engaged in any intentional wrongdoing or was otherwise involved in the fraud perpetrated by Satyam management," the auditor sa
Catching up with the cyber campaign trend in the Assembly polls this time, West Bengal Chief Minister Buddhadev Bhattacharjee has launched a website called www.buddhadebbhattacharjee.net, on which he will address the queries of the public. Anyone can log on to the website and pose a question which will be answered by the chief minister. CPI(M) sources said the ques
Giving a boost to new media, stakeholders will discuss enhancement of coordination for making community radio more effective and sustainable for increasing the scope of collaboration between organisations working on developmental issues. The three-day consultation beginning tomorrow will bring together community broadcasters and other key stakeholders such as non-governmental org
The Kolkata Police has renewed its order to cyber cafe owners seeking strict compliance of the directives on internet access and e-mail in the metropolis and suburbs. The order would come into effect from April 6 and remain effective till June 4, 2011, a release issued by the Information and Cultural Affairs Department said here today. The use of cyber cafe by unkn
Internet service provider O-Zone Network and telecom equipment maker Alcatel Lucent have inked an agreement for jointly developing Wi-Fi hotspots across the country. As per the agreement, Alcatel Lucent will provide technology to O-Zone that will enable seamless migration of telecom users from their existing mobile networks to Wi-Fi -- a wireless internet service -- whenever the
IT hardware firm HCL Infosystems today said it has bagged a project for providing broadband connectivity to the Indian Railways. HCL Infosystems will provide an end-to-end ADSL 2+ Broadband Network on the Indian Railways enterprise Wide Area Network through RailTel Corporation of India Ltd, a PSU under the Ministry of Railways, HCL Infosystems said in a statement.
State-owned Oriental Bank of Commerce (OBC) today launched the Income Tax payment facility through ATMs for their customers. The process of income tax payment through ATMs is user friendly and would lead to higher compliance by spreading the tax net to cover individual taxpayers resulting in higher Direct Tax revenues, Revenue Secretary Sunil Mitra said after launching the facili
Google`s popular video sharing website YouTube will soon be overhauled and turned into a premium content competitor with organised channels and professionally produced video. YouTube is trying to position itself to better handle the age of Internet-connected televisions, a report said, citing people familiar with the matter. YouTube is reorganising its home page ar
Reflecting better labour market conditions, hiring activities picked up in March primarily led by IT and retail sectors, according to Monster.com. Online job portal Monster.com`s employment index rose to 118 last March from 116 in February. The index provides a broad indication of demand for jobs online. "The index has continued to be strong, re
Jammu & Kashmir has decided to set up an Information technology Park in the industrial Estate in Budgam district to boost IT sector in the state. "An Information Technology Park would be set up in the industrial Estate, Ompora, Budgam (Kashmir) to boost IT sector in the state," Minister for Information Technology, Animal and Sheep Husbandry, Syed Aga Ruhullah Mehdi
The Reserve Bank today cautioned public against any mail asking for bank account details of individuals in its name. "RBI never asks for your bank account details... The Reserve Bank has clarified that it has not sent any such email," the central bank said in a statement. The RBI said that it has noticed that individuals have been receiving mails from RBI
In a bid to ensure transparency and enable students to have a proper assessment of themselves, answer scripts of the IIT entrance test this year will be made available online after the declaration of results. "Scanned copies of the answer scripts will be posted on Internet after the results are out to (help students) identify their area of weakness and the areas they need to
The Postal department today said consumers can pay electricity bills at any post office. They have to produce their Electricity Board card at the post office counter and make the payment, an official press release here said. Besides, the entire process has also been made available online at www.tamilnadupost.nic.in provided by department of posts, in association wi
IT Company ABM Knowledgeware today informed the Bombay Stock Exchange that it has bagged a Rs 63.62 crore e-governance contract from the Municipal Corporation of Greater Mumbai (MCGM). The scope of work includes supply, implementation of SAP licences along with post implmentation support. The contract has to be executed in Financial Year 2011-12. ABM
