In a major bonanza to over 37.5 million mobile customers, the Department of Telecommunications announced the introduction of 'number portability' in Delhi, Mumbai, Kolkata and Chennai.
The pace of growth in bank deposits and credit showed a substantial decline in the last quarter of 2009-10, as compared to the same quarter of the previous year.
Independent research firm Forrester Research has in its latest tech market report titled 'US IT Market Outlook: Q4 2008' revised its 2009 US IT spending forecast.
Undeterred by the economic downturn, average online spending by consumers in India rose by 42 per cent to $3,442 in the fourth quarter of 2008 over the preceding quarter, a survey has said.