Ajai Shukla In Hal, Bangalore

Stories by Ajai Shukla In Hal, Bangalore

Greenpeace campaigns for tracking e-waste

Greenpeace campaigns for tracking e-waste

Rediff.com   17 Sep 2008

This, says Greenpeace, is necessary because most computers and other gadgets during their dismantling land up in the hands of people who do not have the knowledge to handle them. They often burn the printed circuit boards to recover metals and this releases toxic fumes of dioxins and Gullet that are poisonous, and carcinogens. Greenpeace has called for manufacturers to clean up their act and take back their products for its final disposal in an environment-friendly manner.

InfoSpace opens first India R&D centre

InfoSpace opens first India R&D centre

Rediff.com   10 Sep 2008

Jim Voelker, Chairman and CEO, InfoSpace, Inc said, "India's high growth and depth of technology talent make it an exciting location to expand our global research capabilities." The Bangalore centre which has close to 20 people now, will ramp up in size in due course, according to company sources. It will focus on enhancing the development and delivery of InfoSpace's consumer products and business solutions.

HCL Tech may raise $1 billion for acquisitions

HCL Tech may raise $1 billion for acquisitions

Rediff.com   10 Sep 2008

The company is in talks with a few private banks and has signed on Citibank as one of the bankers to raise these funds, said sources. HCL Technologies and Citibank declined to comment saying that 'they do not comment on market speculation'.

Bengaluru airport to double capacity

Bengaluru airport to double capacity

Rediff.com   2 Sep 2008

The cost for the second terminal is expected to be close to Rs 3,000 crore (Rs 30 billion), around 20 per cent more than the first. It is expected to take three years for completion and will also include the second runway as part of expansion of this airport.

Godrej hopes to cash in on Bengaluru's fears

Godrej hopes to cash in on Bengaluru's fears

Rediff.com   27 Aug 2008

Godrej has provided three security products -- tyre killers, under vehicle surveillance, boom barriers -- to be installed around Bangalore's Vidhana Soudha, as part of its mandate to secure key government offices. The company is aiming for Rs 400 crore (Rs 4 billion) in revenues in FY 2008-09 as against Rs 300 crore (Rs 3 billion) it registered last year and has set a target to achieve Rs 1,000 crore (Rs 10 billion) by 2012-13.

India's first-ever list of defence products out

India's first-ever list of defence products out

Rediff.com   4 Aug 2008

The Defence Procurement Policy of 2008, unveiled on August 1 by Defence Minister AK Antony, tries for the first time to lay down a list of defence products. A single page annexure specifies 13 generic categories that will be treated as defence products for offset purposes. The list confines itself to broad categories like 'vessels of war, special naval systems, equipment and accessories' and 'high velocity kinetic energetic weapons systems and related equipment.'

India unveils new arms procurement policy

India unveils new arms procurement policy

Rediff.com   2 Aug 2008

The most important changes in DPP-2008 relate to the new offset policy, which will immediately impact offset proposals for India's Rs 47,000-crore purchase of 126 medium multi-role combat aircraft (MMRCA).

Bangalore in throes of diesel shortage

Bangalore in throes of diesel shortage

Rediff.com   25 Jul 2008

A weak monsoon and the subsequent shortage of electricity has pushed Bangalore into an unprecedented fuel crisis.

Top 4 IT firms post modest results

Top 4 IT firms post modest results

Rediff.com   19 Jul 2008

Muted rupee-term guidance, no upward revision in dollar-term guidance, an uncertain global business environment, forex losses due to over-hedged positions and low volume growth by the top four Indian IT firms this week spooked investors on Friday.

Soon, a custom-built ride for the PM

Soon, a custom-built ride for the PM

Rediff.com   11 Jul 2008

The PM and his entourage will fly in far more luxurious, safe and functional conditions. The US government has cleared the delivery to India of the first of three custom-built, high-security VIP aircraft.

Oil over troubled waters

Oil over troubled waters

Rediff.com   1 Jul 2008

If attendance is any yardstick, the Jeddah meet was a resounding success

DRDO's plan for an eye in the sky

DRDO's plan for an eye in the sky

Rediff.com   5 Jun 2008

The UAV project will be an important test for the DRDO's new thinking, it will, equally be a test for the concept of bringing a private sector company into a major project as the DRDO's industry partner.

New DRDO: An engagement with the military

New DRDO: An engagement with the military

Rediff.com   5 Jun 2008

This is the first of a four-part series on the DRDO, which has instituted fundamental changes in the way it will approach equipment development.

New DRDO: Technology first, weapons later

New DRDO: Technology first, weapons later

Rediff.com   5 Jun 2008

The DRDO has clearly decided that developing technologies is at least as important as developing weapons systems. V K Aatre, DRDO chief from 2000-04, had said, "Weapons programmes and technologies have to maintain equal pace." Only now is the DRDO heeding his advice.

DRDO's secret technology wish list

DRDO's secret technology wish list

Rediff.com   5 Jun 2008

The new outreach from a traditionally inward-focused DRDO is rooted in a realistic assessment that the international sanctions regimes have loosened; global arms majors are eager to provide technologies that can fill in gaps in the DRDO's own technology bank.

Intel arm to fund WiMax firms

Intel arm to fund WiMax firms

Rediff.com   29 May 2008

Intel Capital, the investment arm of Intel Corp, is seeking further investment opportunities to support its WiMax (Worldwide Interoperability for Microwave Access) strategy, since it believes the technology could shake up the wireless data market.

'India, UK can work on chip IP design'

'India, UK can work on chip IP design'

Rediff.com   28 May 2008

UK and Indian semiconductor industries share potential synergies in the areas of design, device and applications, according to a study by the India Semiconductor Association, a trade body representing the Indian semiconductor industry, the UK Trade & Investment, and Science & Innovation Network UK. ISA president Poornima Shenoy said, "ISA is focused on business support to its members and the Indian semicon community."

Infosys turns green with its buildings

Infosys turns green with its buildings

Rediff.com   24 May 2008

Developed by the US Green Building Council, LEED Green Building System aims to promote design and construction practise that increases profitability while reducing the negative environmental impacts of buildings. The Bangalore-headquartered company was working with experts on the subject to employ the latest technologies in every aspect of energy consumption in areas like lighting and air-conditioning, the company said in its annual report filed with the SEC.

Realty sector may benefit from sub-prime crisis

Realty sector may benefit from sub-prime crisis

Rediff.com   20 May 2008

Currently, the US contributes 40-45 per cent of the total IT/ITeS outsourcing and offshoring business in India and is the single largest market for India's IT/ITeS business. The real estate sector's growth is fuelled by demand. In India, the demand is derived mainly through shift in global economic conditions. Thus any change in the real economy will have an impact on the physical real estate (construction or ready office space) market.

Blackstone to up focus on India

Blackstone to up focus on India

Rediff.com   19 May 2008

Blackstone Group, a global private equity player, is set to increase its focus on India. After setting the ball rolling on its corporate private equity and recently starting off its real estate opportunity focus, the company during the past week has set up Blackstone Altius Advisors, an event-driven strategy focusing on opportunities in the Asia Pacific region. Event-driven strategies are those where PEs fund merger and acquisitions or bankruptcies scenario.