Telecom minister Kapil Sibal on Monday said the government is committed to conducting spectrum auction as per timeline suggested by the supreme court. "We placed our difficulties before the court and the court had been kind enough to agree with that. Not only we are hopeful, but we are committed that the auction will take place within the timeline suggested by us to court," Sibal
International Data Corporation (IDC) has released a report on cloud computing which sheds light on the future potential of cloud compouting and it`s major market trends in India. The research, titled "India Cloud Market Overview 2011-2016", also addresses the attitudinal and purchase behaviors of end users and what is influencing them in their choice for adoption. IDC estimate
In a major leap towards using latest technology in financial markets, market regulator Sebi plans to allow investors to make payments for IPOs through ATM, debit and credit cards, as also via mobile banking. A final decision would be taken by the Securities and Exchange Board of India (Sebi) after examining operational and legal feasibilities of enabling investors to make such payments
State-run MTNL`s mobile, landline and broadband connections can be availed by just sending an SMS or communicating online, a top company official said in the national capital on Saturday. "Under single window service, we have started providing mobile connections, landline and broadband at the doorstep of customers. They just need to send an SMS or communicate us online about their
About 60 per cent Indian businesses are struggling to protect and effectively manage their databases, which make up 51 per cent of an organisation`s total value, a survey has said. According to the survey by IT security solutions provider Symantec, corporate data in Indian companies is expected to grow 67 per cent in the next 12 months. "However, with information spiralling
Mobile operators have completed redesign of their network infrastructure to meet new tower emission norms to be effective from September 1, 2012, GSM industry body COAI has said. "The industry voluntarily undertook proactive measures and underwent a massive transition in its network infrastructure which was redesigned significantly to meet the prescribed norms," COAI said in a
Punjab government on Saturday signed a Memorandum of Understanding (MoU) worth Rs 250 crore with a Germany based private company GIZ to promote technical education in the state. In an official statement here, Minister for Technical Education and Industrial Trade Anil Joshi said that as per this MoU, Multi Skill Development Centres would be opened in four districts of Punjab. Mor
FundsIndia, an online value-added financial services platform, has launched a programme to facilitate companies to implement the National Pension System (NPS). The programe will be offered in partnership with IL&FS Securities Services Private Ltd (ISSL), Co-Founder and CEO of FundsIndia C R Chandrasekar said. FundsIndia is promoted by Chennai-based Wealth India Financial Ser
Karnataka Chief Minister Jagadish Shettar on Saturday assured the state`s support for the second phase of the Unique Identification Authority of India (UIDAI) project expected to commence from this October. Shettar gave the assurance to UIDAI Chairman Nandan Nilekani when the latter called on him in Bangalore. Sources in the Chief Minister`s Secretariat said Nilekani informed th
On a day his associates staged a protest here against Congress and BJP, Anna Hazare came out with a new blog handle which is other than the one on the official website of India Against Corruption. This is the third blog handle of Hazare in the past over an year with the first one, operated by journalist Raju Parulekar, being closed following a bitter feud between both of them. T
Fast evolving online gems and jewellery retail is likely to capture 25 percent of overall USD 16 billion business in the country in another 6-7 years, according to experts. "We started our jewellery portal last year and have witnessed tremendous trends since. We are doing an average of 50-53 transactions daily with ticket size from Rs 20,000-75-000. With this trend, we expect onlin
Telecom major Airtel has been directed by a consumer forum here to pay Rs 6,000 to one of its subscribers for not activating her mobile connection after charging her for it. The East District Consumer Disputes Redressal Forum gave its order, relying on complainant Asha Sharma`s affidavit which said she had paid Rs 1,000 to Airtel for its mobile telephone services but the firm never acti
India`s `application development` (AD) market is likely to reach more than USD 227 million in 2012, thanks to emerging mobile application development and software delivery models. A 22.6 per cent increase is expected to register in the domestic market compared to the previous year, according to a recent report by technology researcher Gartner, Inc. Growth will be driven by evolv
The Department of Electronics and Information Technology (DeitY) is engaged in discussions with representatives from civil society, advocacy groups and industry associations on India`s proposal on internet governance at the United Nations. India has been pushing for an open democratic system of global internet governance at the UN to ensure a balance between private, commercial and publ
Fake twitter accounts in the name of Prime Minister Manmohan Singh`s office continue to remain operational today even as the Government pushed the micro-blogging site to remove such pages. The six fake accounts resembling the PMO`s official twitter account were seen operational today with some posts making comments on today`s political developments. One twitter account "@PM
The country`s third largest lender by assets, ICICI Bank on Thursday said internet-based transactions have grown to constitute a third of its total and the segment may grow to become the largest channel in future. "More than one third of our transactions take place through internet, making it the second most used medium. With the increase in internet usage, it may also grow to occu
Exports from the IT-ITeS industry are forecast to grow by 13.8 per cent a year to reach USD 130 billion by 2016-17 from USD 68.7 billion in 2011-12, a working group report on Information Technology has said. "The IT-ITES industry`s exports are forecast to grow at a CAGR of 13.8 per cent and reach USD 130 billion by FY 2016-17 from USD 68.7 billion (estimated) in FY 2011-2012,"
The Comptroller and Auditor General (CAG) on Thursday posted Vinod Rai`s high school certificate showing his date of birth and the letter of his appointment as CAG on its official website. This comes in the wake of media reports that the Personnel Department of the Union Government and the UPSC did not note personal details of Rai in their records. As per the high school certifi
Enterprise solutions provider SAP on Wednesday said it has partnered with IIM-Shillong (IIM-S) to deploy its cloud-based e-governance solution, which will help in improving citizen services and village administration in the Shillong region. "This is an extension of a similar model that we deployed in Soda village in Rajasthan. The project aims to bring in transformation at the gras
The government on Wednesday said all internet companies operating in India must obey law of the land and any non-compliance or violation will invite action. "Social media company has to operate within the laws of a given country. If there is violation of those laws then we will have to take action so as to make sure that there is compliance of those laws and regulations," Mini