Latest Articles
Uninor’s 60% discount offer toughens tariff war
By Poonam Singhal on 31 July, 2010, 3:50 pm
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 [...]
Paypal India woes continue – suspends money withdrawal to bank account
By Manoj Govindassamy on 30 July, 2010, 9:54 am
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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Deposit rates hiked. Home and auto loans to follow.
By Poonam Singhal on 29 July, 2010, 2:44 pm
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 [...]
IT Companies are now strict with their notice period
By Natraj Muthukrishnan on 28 July, 2010, 10:17 am
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 [...]
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.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 …
Read More >>Make my trip to get listed in NASDAQ, $100 million IPO
By Natraj Muthukrishnan on 28 July, 2010, 9:57 am
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 [...]
China-made sarees replacing the authentic handwoven Banarasi silk
By Poonam Singhal on 27 July, 2010, 1:24 pm
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 [...]
Game with HCL ME
By Poonam Singhal on 26 July, 2010, 5:10 pm
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 [...]
UK Govt. budget cut spoils the IT party
By Natraj Muthukrishnan on 24 July, 2010, 9:11 am
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 [...]
Read More >>Campus recruitment 2010-2011 begins: Accenture violates Nasscom rule
By Natraj Muthukrishnan on 24 July, 2010, 9:07 am
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 [...]












