BlackBerry maker Research In Motion (RIM), which has faced many deadlines from India for providing access to its enterprise service or encrypted emails in view of threats to the country’s national security, on Tuesday said that any tough measures by New Delhi won’t help in attracting businesses or its huge outsourcing industry. RIM, which has [...]
Mumbai slipped by one place to sixth in the list of the world’s most expensive office locations in 2011, according to global realty consultant Cushman & Wakefield. The 2011 list was topped by Hong Kong, while London and Tokyo came second and third in the rankings, which valued Mumbai’s office occupancy cost at $114 per [...]
When Prime Minister Manmohan Singh addressed the editors of television news channels on February 16, something that television viewers knew of in advance, viewership of news channels went up noticeably. While the market share of the Hindi news channels increased by a smaller 16.2% during the 10.30 am-12.30 pm interaction that was broadcast live, English [...]
Super-luxury carmaker Rolls Royce on Tuesday said it will start testing a one-off fully electric powered version of its luxury saloon Phantom called ’102EX’, which will be the world’s largest battery operated car. The car would not go into production yet and would mostly be used for test drives all over the world after its [...]
Delhi is likely to announce a roadmap for migrating to a countrywide goods and services tax (GST) in the 2011-12 budget. The government has been targeting to rollout GST from October 1, 2011 although contentious issues remain to be ironed out, especially the tax rates. This may push the rollout deadline to April 1, 2012. [...]
Industrialist Anil Ambani met Maharashtra chief minister Prithviraj Chavan, in the backdrop of reports that the Maharashtra State Road Development Corporation (MSRDC) was mulling a coastal road from Worli to Haji Ali and from Haji Ali to Nariman Point. The meeting assumes significance as the Ambani led Reliance-Hyundai consortium won the Rs 5,000 crore contract [...]
After securing a cash commitment of $7.2 billion (Rs. 32,400 crore) from UK energy major BP Plc under a landmark deal announced on Monday, the next big announcement from the Mukesh Ambani-controlled Reliance Industries Ltd (RIL) is expected to be the roll-out of fourth generation (4G) wireless infocom services. Apart from this, RIL has also [...]
By N Ananthanarayanan Whenever a major tournament like the World Cup happens, one picks the best team as odds-on favourites. They are regarded as the team to beat in the competition. But should that be the case? What is the norm for, say soccer, need not work in cricket, where playing conditions and uncertainties in [...]
Egypt’s new military rulers reinforced their border with Libya on Tuesday and opened the frontier round-the-clock to thousands fleeing the turmoil unleashed by the revolt against Libyan leader Muammar Gaddafi. Egypt, which borders Libya to the east, was planning to send at least four aircraft to evacuate its citizens from Tripoli, pending permission from Libyan [...]
By Pankaj Vohra I have followed the Godhra incident leading to the death of 59 persons including many Kar Sewaks as well as the Gujarat riots that followed very closely for two simple reasons. Godhra and the riots had a close connection and therefore it is not easy to delink them. In fact, it was [...]