Business

Tuesday, 18 June 2013

Aadhaar opens new revenue streams for Indian IT

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MUMBAI: Information technology companies are tapping into a lucrative opportunity opened up by the government's vote-catching scheme to transfer cash directly to beneficiaries. With the Aadhaar unique identity number at its core, the scheme is heavily dependent on banks, which in turn are relying on technology firms to implement the programme.  More...
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Facebook to unveil "big idea" at mystery event

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SAN FRANCISCO: A mysterious Facebook event set for Thursday has sparked buzz that the leading social network could be adding video to Instagram smartphone picture-sharing service. The leading social network invited the media to its headquarters in the Silicon Valley city of Menlo Park"a small team has been working on a big idea," but remained...
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Indian IT: 3 things that may hit hiring

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In under two years, 23-year-old Laveen Bakshi has experienced a wide range of emotions in his stillborn career in information technology. For the electronics and communications engineer The Maharaja Suratmal Institute of Technology, Delhi, the initial thrill of getting an offer letter HCL Technologies, India's number four software exporter,...
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Scientists working on most powerful cyber security

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MELBOURNE: Australian scientists are working on Quantum mechanics which is being applied to computing in order to develop most powerful and impenetrable cyber security method ever conceived.  The team behind the new technology has been tasked with creating an impenetrable network for the Australian government, according to a Australian...
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Meet Lenovo's 27-inch Horizon

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The big breakthrough was the iPad: a flat, thin, beautiful, nearly buttonless computer,touchscreen. But that was three years ago. Ever since then, Apple's rivals have churned out iPad clones in different sizes. Ten inches diagonal? How about 11? How about nine? Or seven? Or five? In Samsung's line alone, you can buy a tablet that matches...
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Infosys seeing surge in job applications

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BANGALORE/MUMBAI: The prospect of a 'new, improved' Infosys is seen leading to a surge in job applications at the software firm, even in tepid market conditions. Infosys has seen a 39.1% drop in job applications in FY13 compared with the previous year. But healthy salary raise of 8%, a 3-year 'daunting' roadmap chalked out by executive...
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Mobile companies shift focus to software design

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SAN FRANCISCO: Last week, Timothy D Cook, Apple's CEO , stood on stage at the company's Worldwide Developers Conference without a new version of the iPhone or the iPad or some new device.  After showing off new laptop computers and a new, cylindrical Mac Pro, Cook and other Apple executives spent the rest of their two-hour keynote...
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MakeMyTrip gets Rs 28 crore tax demand notice

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NEW DELHI: The I-T department has slapped a tax demand notice of Rs 27.6 crore on online travel firm MakeMyTrip for assessment year 2009-2010 but the company said it is contesting the claim.  "We had received an additional tax demand of almost Rs 28 crore last month for AY 2009-10 which was substantially reduced after adjustment...
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Yahoo details US govt's requests for data

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Yahoo said US law enforcement agencies made between 12,000 and 13,000 requests for data in the last six months, the latest in a series of disclosures by technology companies since intelligence leaks showed the extent of government data gathering efforts.  The company said the requests were made between December 1, 2012 and May...
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TCS CEO: Depreciating rupee gives a sense of false confidence

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In an interview with ET Now, N Chandrasekaran, CEO, TCS, shares his view on the depreciating rupee and the impacts of the immigration bill. Excerpts:  ET Now: What is your view on the rupee? N Chandrasekaran: Highly depreciating rupee is not good two different points. First of all, it just gives you a sense of false confidence....
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Wearable tech: Batteries are game changers

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SAN FRANCISCO: Longer-lasting batteries are crucial for a new crop of wearable computers whose rise may upend Apple and Google's dominance of mobile devices, two of the field's pioneers say.  Wearable devices - bracelets that monitor physical activity and sleeping patterns to clothing with built-in sensors and Web-ready glasses...
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Huawei launches 6.1-inch phone @ Rs 25k

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NEW DELHI: Chinese communications giant Huawei launched its Ascend Mate smartphone in India. This devices features a 6.1-inch screen that dwarves even the likes of the popular Samsung Galaxy Note II. The manufacturer has priced this device, which was launches at CES 2013 in January, at Rs 24,900. Also read: Hands on review of Huawei...
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What is keeping India‘s engineers unemployed

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Somewhere between a fifth to a third of the million students graduating out of India's engineering colleges run the risk of being unemployed. Others will take jobs well below their technical qualifications in a marketthere are few jobs for India's overflowing technical talent pool. Beset by a flood of institutes (offering a varying degree...
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Sony launches 65-inch 4K TV at Rs 4 lakh

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NEW DELHI: Sony India today added two new models to its 4K TV portfolio and refreshed its Bravia line-up by unveiling 20 new television sets. The new models in Sony's 4K range have displays measuring 55-inch (KD-55X9004) and 65-inch (KD-65X9004) and are priced at Rs 3.05 lakh and Rs 4.05 lakh, respectively. The previous 4K TV that Sony...
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How to change privacy settings in Facebook Timeline

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Facebook's privacy settings allow you to block your friends posting photos and comments directly to your Timeline, although they can still see and comment on any photos or updates you post there yourself. To get to your account's controls, log into Facebook, click the gear-shaped icon in the top right corner of the page and Account Settings.  On...
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Former Cisco Senior Exec Zeeshan Naseh Appointed to Lead Connectloud

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Connectloud Inc., a software startup now in stealth mode, announced today that former Cisco Systems executive Zeeshan Naseh has been appointed as President and Chief Executive Officer. The company also announced that it is being advised by a slate of technology and business all-stars, including Ken Morse, serial entrepreneur and Founding...
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