Hewlett-Packard (HP) chief executive Leo Apotheker on Monday told employees at its Bangalore office to watch out for "new products from the US on February 9". Apotheker, to also visit Mumbai and Delhi, is the first from HP's senior management to visit the country in 10 years.
With telecom and banking majors stepping up mobile banking services, 2011 is poised to be the year that would transform your banking habits - making payments or checking your account balance on your mobile.
Foreign cigarette companies could soon find it harder to sell their products in India. The government is looking into a proposal to ban foreign direct investment (FDI) in the wholesale marketing arms of these companies. It is also exploring the possibility of shifting the import of tobacco products from the open general licence (OGL) to the restricted list.
World's largest chip manufacturer Intel is redrawing its strategy to tap the mobile segment. This has been an area where the company has very limited presence, competing with the likes of Texas Instruments, Qualcomm and ARM.
This year, Dell will launch new smartphone models and venture into the printers segment to cement its position as a hardware company in India.While the company believes that the biggest growth driver in 2011 will be smartphones, it is also eyeing the enterprise and small business segment with the launch of eight new printers.
"We will allow users to earn revenue by allowing relevant advertisements to be displayed with their videos. Backed with YouTube's analytics and content management tools, Indian users can target a particular demographic, monetise the views his content gets in any country and even protect his content from content pirates," said Shenaz Zack, product manager, YouTube.
MNP allows a subscriber to change his or her service provider without changing the mobile number.
Key government departments have come to a consensus on the definition of a "group company" in the context of foreign direct investment (FDI) in the wholesale cash & carry trade. Under current policy, while 100 per cent FDI is permitted in wholesale trade, a cash & carry entity can sell only up to 25 per cent of its turnover to group companies.
Google, Yahoo, Rediff vie for market share of mobile internet users.
For over a year Sanjay Chandra, managing director of the Unitech group, has been under a cloud for various reasons.
Telcos say tariffs could be cut by up to 20 per cent. While post-paid customers constitute only 5 per cent of the total customer base of 670 million, they make up over 15 per cent of revenues thanks to their relatively higher average revenue per user (Arpu).
A committee of secretaries will be meeting soon to consider a draft proposal, which suggests that decision-making on all policy issues pertaining to FDI be transferred from the Department of Industrial Policy & Promotion (DIPP) in the Ministry of Commerce to the Department of Economic Affairs (DEA) in the Ministry of Finance.
GE India is embarking on a major localisation drive under which 60-70 per cent of the products that it sells will be manufactured in the country in the next five years. At present, the localisation is about 10 to 20 per cent.
State-owned National Aviation Company of India Ltd (Nacil), which runs Air India, has approached the government to raise $2.3 billion through external commercial borrowings (ECBs) as part of a plan to restructure its high-cost working capital debt.
Regulator wants the power to fine errant telecom companies.
After Research In Motion (owners of BlackBerry), the home ministry will now turn the screws on Microsoft, Google, IBM and Oracle. These companies provide technology and services for the virtual private networks (VPNs) run by various operators in India. The government will ask them to conform to regulation that allows intelligence agencies to lawfully intercept data. Failure to do so could result in the termination of VPN services by operators using their technology.
Prime-time viewers among the younger audience are swiftly moving to social networking sites and the internet.
The Reserve Bank of India (RBI) has thrown a spanner in the works of a government proposal to liberalise the pricing guidelines of hybrid securities such as foreign direct investment (FDI)-compliant instruments.
The finance ministry is arriving at a consensus to reject a proposal mooted in government to permit foreign direct investment (FDI) in multi-brand retailing.
ITC, which has a 14.98 per cent stake in EIH Ltd -- the company that runs the Oberoi chain of hotels -- is planning to subscribe to the upcoming EIH rights issue. This ends speculation that it might pull out after Reliance Industries Ltd picked up a stake in EIH.
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