While this is a global phenomenon, it is for the first time that the Indian Music Industry (IMI) is making an effort to stop this before it erodes the revenue stream of music companies like it is already happening in the software, gaming and the movie segments.
Sony Computer Entertainment, an arm of Sony Pictures, is planning to increase its console-based business in India.The company - responsible for the distribution, marketing and sales of PlayStation - opened its India office four months back and is now getting its strategy in place to offer variety and a better experience to gamers.
Indian IT service providers are increasing their exposure in the healthcare and pharma segments. Multi-million dollar deals in this space by IT firms over the past three-four months only buttress this trend. Healthcare outsourcing has moved away from just undertaking medical transcription and business process outsourcing (BPO) work to core functions such as drug discovery, testing, research and development.
US-based Spectrum Global Fund Administration, providing back-office operations to hedge funds in the US and the UK, is closing its facilities in India. The company had started its operations in India two years ago.
Unlike the first quarter of FY08 when Indian IT small- and mid-caps were hit hard due to a nearly 7 per cent appreciation in the rupee against the dollar, the July-September period was relatively kind to these firms. It spared them to some extent, since the rupee appreciated around 1.5 per cent over the period. However, the rupee rose around 12 per cent against the dollar over the last 12 months.
The next time you download a video clip from YouTube or any other video-hosting website, you could possibly be downloading a malicious code along with the clip that could infect your computer, take unauthorised control, and steal financial or other information from it.As the popularity of flash media file formats continues to increase, hackers can now corrupt PCs once the user has downloaded a media file onto the machine, or through video files when played on a media player.
Contrary to popular understanding, operators do not manage these incoming votes. It is the channel operators who manage and collate the results of these SMSes. Yet, in terms of revenue sharing, close to 70 per cent of the share goes to the telecom provider while the channels get only 30 per cent.
Indian notebook sales are moving at a scorching pace -- 73 per cent year-on-year in the first quarter of 2007 -- and this is affecting the volume growth in the IT peripherals market.
Phone manufacturers, like car companies, are capitalising on the latest trends and working with cool designers as the market for designer phones is big, and getting bigger. Of the 180 million mobile subscribers, young consumers are estimated to account for around 60 per cent (108 million units). It is this consumer group that the mobile vendors are planning to lure with premium, designer or special edition mobile phones, this season.
Close to 60 per cent of revenues of Indian IT service providers comes from the US market. With the rupee having appreciated more than 12 per cent over the past year, IT firms have increased billing rates, in most cases for new as well as existing clients.
Typically used by businesses or users as email devices, smartphones are more data-centric and have a suite of productivity tools like Word, PDF viewer, voice to text converter and a PC-like web browser.
Tata Teleservices along with Samsung recently launched a dual phone called Samsung Duo that supports a CDMA and a GSM SIM connection. Spice, too, has introduced its own rendition with the Spice D88 model that supports both GSM & CDMA connections.
Scouting for talent in metros and larger towns is expensive. The cost of acquiring candidates at the entry level jobs for most IT, ITeS companies is estimated to be 15-17 per cent less than those in the metros and tier 1 cities.
Indian IT firms have been announcing incremental increase in billing rates for quite some time now to counter wage hikes and rising visa costs, to name a few.
While Nokia remains the clear number one, the number two and three positions are seeing the real strategising.
Mumbai-based Patni Computer System's stake sale has been stalled, perhaps indefinitely, according to sources close to the development.
PC brands are innovating furiously to come up with machines that appeal to the young.
Sony Ericsson users in India will now be able to dial for entertainment services, watch recorded TV clips, and download a range of rich content on their handsets.
The company will be taking its total outsourcing offering to the retailers in the small and medium enterprise category, whereas for the large retailers, it will pitch the best-of-the-breed target solutions to cater to specific problems.
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