The Department of Post will collaborate with leading banks -- IDBI, HSBC and ICICI Bank-- to provide cards (on the line of credit cards) to rural people in order to facilitate non-cash transactions for purchase of products and services. The card will come with pre-determined amount in rupees and could be operated at merchant locations, ATMs and designated post offices subje
Assam Government will provide accredited journalists and those completed ten years in the profession in the state with a laptop. "Another new year gift for the media people in the form of three per cent interest subsidy if they obtain housing loan from any financial institution," Chief Minister, Tarun Gogoi told reporters here. The interest subsidy would
India is a net job creator for US companies, not the other way around, NASSCOM chief Som Mittal said today strongly refuting the public perception here that outsourcing and free trade agreements are responsible for America`s current economic woes. "India is a net job creator for US companies, not the other way around. The Indo-US economic relationship benefits the American e
Uttar Pradesh government today decided to extend internet facility to legislators besides increasing honorarium and allowances of members of the state and district consumer forums. "The state cabinet at its meeting chaired by Chief Minister Mayawati decided to extend internet facility to members of the state assembly and the legislative council with immediate effect," a
Government today said the recent US legislation imposing a two per cent tax on foreign procurement and extending the present visa fee till 2015 will create a bias against the Indian IT sector. The US government has recently passed a bill --James Zadroga 9/11 Health and Compensation Act-- that will impose two per cent tax on the US government procurement from foreign companies and
SEED Financial Services, a leading Business Correspondent, today said it has got Indian Bank`s financial inclusion project in Tamil Nadu. The smart card-based project will help provide banking facility to around 5,500 villages earmarked under the Indian Bank`s financial inclusion project, SEED Financial Services said in a statement. The project of Chennai-based pub
While millions of people are hooked to Facebook for varied purpose, a couple belonging to a coastal village in Goa have used the social networking site to advertise their home-made chocolates that helped in popularising their product and gave a boost to the business. Hailing from a village of Siolim, Andrew Felix Vieira, and his wife Rosy have started their business `Vieira Choco
An engineering student has been arrested here for hacking third party bank accounts to book railway and air tickets, police said. Sunny Kumar (20), a student of private engineering college here, was arrested by Cyber Cell police yesterday for hacking third party accounts for transferring cash to book the tickets to those who asked him for them, Inspector General of Police (Cyber
"Shame", "Yet another let down", "Is it a cover up?"-- these are some of the reactions of netziens to the CBI filing a closure report in the sensational Aarushi double murder case after a two-and-a-half- year probe marked by botched up investigations. "Even `cold cases`, twenty years and older are solved in the US! What on earth is happening her
Social networking websites like Facebook are becoming a necessity of life as more than 60 per cent of travellers use this online media to stay connected and several professionals find it as an important business tool, according to a recent study. About 80 per cent of respondents said they access to social media daily, while 39 per cent among them said they "could not live&qu
China`s net savvy population crossed 450 million mark, the world`s largest "netizen" network, while the numbers of Chinese micro bloggers crossed 100 million, heralding a new media culture that could challenge the tightly controlled state press. The numbers of "netizens" has gone up to 450 million as China registered 20.3 per cent growth compared to the last y
Tourists visiting Himachal Pradesh and local people need not go to the police station in case of any law and order problem or crime and instead just send an SMS. The police have provided a toll free no (9459100100) for sending an alert in case of any exigency and the service would be available round the clock. Chief Minister P.K.Dhumal said Himachal Pradesh was a p
Private telecom operators have offered to provide access to security agencies to their GenNext mobile services -- 3G -- within six months of its launch. Home Secretary Gopal K Pillai and Secretary, Department of Telecommunication, R Chandrashekhar discussed the issue yesterday and are likely to accept the proposal of the operators, official sources said here today.
IT firm Tech Mahindra today said it has partnered with software giant Microsoft to offer customised CRM solutions for telecom service providers. As a part of the initiative, Tech Mahindra has inaugurated a Microsoft Dynamics CRM Lab in Noida to focus on providing CRM offerings to telecom service providers globally, Tech Mahindra said in a statement. Microsoft Dynam
A consortium of nine leading global telecom players, including India`s Tata Communications, has launched a new high capacity, state-of-the-art fibre-optic submarine cable between India and Europe via the Middle East, which will benefit broadband users along the route. The three-pair fiber-optic cable, named IMEWE (India-Middle East-Western Europe), has a design capacity of 3.84 t
India`s first Web TV `Indiavibes` would be launched here on Jan one. The new media platform, being promoted by the Kochi-based Vibes Visual & Media Pvt, will be inaugurated by media personality K Sasikumar on Jan 1 at Gold Souk Grande Kochi. This would be followed by a panel discussion on Journalism, New Media and emerging trends. Indiavibes woul
The Karnataka High Court today directed software major Wipro Technologies to deposit Rs 24 crore by tomorrow evening as four per cent Value Added Tax on the softwares they re-exported. A vacation bench comprising Justices Venugopala Gowda and B V Pinto declined to entertain the appeal of the company`s export division and directed them to deposit the amount with the High Court and
In what could be called a major technological innovation, scientists have unveiled an ultra-fast chip which they claim could make desktop computers 20 times faster than the current ones. Modern computers have a processor with two, four or sometimes 16 cores to carry out tasks. Now, a team, led by the University of Glasgow, has developed a central processing unit which effectively
HCL Infosystems, India`s premier hardware servics and ICT systems ingtegration and Distribtution company, today announced a business partnership with Ernakulam District Cooperative Bank for providing HCL ME Laptops with zero per cent interest. The scheme is being offered to the bank`s account holders to purchase computing devices. The scheme is being offered at 0 per cent interes
With fast changing industry dynamics, the country`s BPO sector is expected to see a consolidation wave in the coming months, says global research group Gartner. "A consolidation wave in Business Process Outsourcing (BPO) sector is likely (in the coming months). Since it is challenging to cope with changing dynamics, some existing entities may move to different lines of busin
