Category Archives: Latest News

Choose Your Mobile Number Online From BSNL

Choose Your Mobile Number Online From BSNL

[Updated: September 2014] BSNL has launched a new dedicated site and mobile app for “Choose Your Number Online” feature. Earlier, it was available on a different site [see our coverage below, which we did in 2011]. The new site located at http://cymn.bsnl.co.in/ allows users to browser by states in each of the 4 Indian zones including North…Continue Reading

Top 10 Tech news of the week [Nov 12th to Nov 18th 2012]

Top 10 Tech news of the week [Nov 12th to Nov 18th 2012]

Here’s a look at this week’s top 10 tech news. Dell acquires Gale Technologies Dell announced the acquisition of Gale Technologies, a privately held company providing cloud management and orchestration software, and IT management services. “Gale Technologies integrates well with our Active Infrastructure family, and provides an intuitive, flexible and comprehensive foundation for application, virtual…Continue Reading

India’s September quarter GDP growth at 6.9%

India’s September quarter GDP growth at 6.9%

The last nail in the coffin was hit by weak September quarter GDP numbers, which logged a tepid 6.9% growth, as against an optimistic 8.8% during the second quarter of FY 2010-11. Thus, it would be of no surprise if analysts start singing the songs of severe downturn in the domestic economy with growth figures…Continue Reading

Mobile internet trading in stock markets prosper

Mobile internet trading in stock markets prosper

Earlier, before the onset of online trading in stock markets, traders used to place their buy and sell calls through phones with their brokerage houses. Believe it or not – times have change. Now trading community are involved in using phones to place orders themselves via mobile internet, eliminating errors of price discrepancies and communication…Continue Reading

SBI Q2 Profit at Rs.2810 cr, but NPAs falter !

SBI Q2 Profit at Rs.2810 cr, but NPAs falter !

State Bank of India posted Q2 net profit of Rs.2810 crore on higher net interest income (NII), up 12.34% from Rs.2501 crore reported during the quarter ended September 2010. This sparkling second quarter performance was tad above the market expectations. The NII for the quarter stood at Rs.10422 crore, up 28% from Rs.8115 crore a…Continue Reading

Moody’s downgrades Indian Banking outlook

Moody’s downgrades Indian Banking outlook

Moody’s Investors Service downgraded the outlook for the Indian banking system to negative from stable; citing slowdown in domestic economic growth, demand stifled by high interest rate and weaker asset quality affecting profitability. Moody’s vice-president Vineet Gupta quoted his pessimistic outlook as: “With asset quality, given the tightening environment, we anticipate that it will deteriorate…Continue Reading

R.I.P: Musician Bhupen Hazarika Passes away

R.I.P: Musician Bhupen Hazarika Passes away

Veteran musician and singer Bhupen Hazarika passed away on suffering a multi-organ failure at Mumbai’s Kokilaben Dhirubhai Ambani hospital today. The music maestro was hospitalized in June owing to chest infection; and later developed pneumonia around last week of October. The legendary singer, born in 1926, has sung in many Indian languages such as Bengali,…Continue Reading

IRCTC’s New Refund System & Budget Hotels !

IRCTC’s New Refund System & Budget Hotels !

IRCTC has been constantly under flak from passengers and railway authorities for irregularities in its services. It all started with the Indian Railways deciding to strip off IRCTC from its catering responsibilities on account of increased passenger complaints about sub-standard food quality. Later, the Indian Railways was reported as mulling to directly undertake the sale…Continue Reading

Petrol Price Hikes: Are they justified?

Petrol Price Hikes: Are they justified?

As a fourth price hike this year, oil companies have announced yet another increase in petrol prices by Rs.1.82 per litre from midnight. Moreover, this fuel price hike comes on the back of unabated double-digit food inflation and high living costs across the country. In needs to be pointed out that this is 13th increase…Continue Reading