Latest Articles

Uninor’s 60% discount offer toughens tariff war

By Poonam Singhal on 31 July, 2010, 3:50 pm

Uninor’s 60% discount offer toughens tariff war

Uninor has announced a new discount offer on its one-paisa-per-second plan that will offer discounts as high as 60%. This offer is available on both local and STD calls, within Uninor network and outside too. 
The amount of discount is different in different locations at different times. With maximum discount, a one minute call can cost [...]

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Paypal India woes continue – suspends money withdrawal to bank account

By Manoj Govindassamy on 30 July, 2010, 9:54 am

Paypal India woes continue - suspends money withdrawal to bank account

From July 29, 2010 onwards, you will only be able to request for a cheque withdrawal of funds from your PayPal account. … In order to help you with this change and until further notice, we will refund the $5 USD cheque withdrawal fee to you for cheque withdrawals made on July 29, 2010 onwards…resumed, only partly and Paypal was ordered to implement ways to track money remittances. Following which Paypal madanted PAN numbers for Indian accounts. Glitches in PAN number verifications…

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This Week Top News:

Deposit rates hiked. Home and auto loans to follow.

By Poonam Singhal on 29 July, 2010, 2:44 pm

Deposit rates hiked. Home and auto loans to follow.

On Tuesday, RBI hiked the repo rate by 0.25% and the reverse repo rate by 0.5%. This indicates the onset on high interest regime in the days to come. It indicates that the interest rates on deposits, home loans, auto loans and other loans will go up in the near future.
A day after this was [...]

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IT Companies are now strict with their notice period

By Natraj Muthukrishnan on 28 July, 2010, 10:17 am

IT Companies are now strict with their notice period

In an industry which is facing one of the worst attrition ever, companies have started thinking of ways to prevent the attrition from affecting the business. Of late, companies have started asking employees to serve their full notice period before leaving the company.
Notice period for employees generally refers to the amount of time specified in [...]

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Rediff jumps into social gaming – PlayGully – gets ready to annoy users with game updates

By Manoj Govindassamy on 28 July, 2010, 10:16 am

Rediff jumps into social gaming - PlayGully - gets ready to annoy users with game updates

Rediff.com has launched PlayGully, a casual games offering for its users, which has been integrated with social MyPage profiles feature. Just like facebook games, . … Off late, Rediff has been trying to expand its online presence, with social networking features like iShare , Connexions , etc., and the latest one its venturing into is social gaming.Rediff’s PalyGully games might be socially engaging, but I am sure these useless game updates on the Rediff MyPage would annoy friends on the network and …

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Make my trip to get listed in NASDAQ, $100 million IPO

By Natraj Muthukrishnan on 28 July, 2010, 9:57 am

Make my trip to get listed in NASDAQ, $100 million IPO

After being chosen as one of the top 10 companies to work for in India, India’s largest travel company is all set to be listed in NASDAQ. The firm plans to raise up to $100 million (about Rs 465 crore) through an initial public offering in the US.
The number of shares to be offered and [...]

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China-made sarees replacing the authentic handwoven Banarasi silk

By Poonam Singhal on 27 July, 2010, 1:24 pm

China-made sarees replacing the authentic handwoven Banarasi silk

While China has spread its arms world-over with China-made toys, mobiles, crockery, chocolates, other electronics and anything else that you name, it is also entering into India’s silk market.
Cheap Chinese fabric are entering into India illegally, and are killing the business here, making the local weavers go out of business. Most of the Chinese silk [...]

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Game with HCL ME

By Poonam Singhal on 26 July, 2010, 5:10 pm

Game with HCL ME

HCL Infosystems has come-up with its own series of gaming devices to venture into the gaming market.
These devices are targeted at niche players and are for entry-level young users in the age group of 4- 15 years. Hence they are made affordable for these target audience. They will be available at as low as Rs [...]

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UK Govt. budget cut spoils the IT party

By Natraj Muthukrishnan on 24 July, 2010, 9:11 am

UK Govt. budget cut spoils the IT party

There have been talks about UK govt. cutting on the budget and ever since IT cos which have projects from UK have been troubled. At least 35 big UK government IT outsourcing contracts are potentially at risk of renegotiation, including the Tata Constancy Services’ £600 million pension administration contract, as a result of the cuts [...]

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Campus recruitment 2010-2011 begins: Accenture violates Nasscom rule

By Natraj Muthukrishnan on 24 July, 2010, 9:07 am

Campus recruitment 2010-2011 begins: Accenture violates Nasscom rule

IT firms TCS, Infosys and Wipro are accusing have accused Accenture of violating campus recruitment norms. They accuse that Accenture has begun campus recruitment a full one semester year ahead and violated the Nasscom norms.
Even a couple of years back, IT companies used to hire engineering graduates a year before they passed out. However, Nasscom [...]

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