Nokia Threatens To Shut Hardware Plant With 8,000 employees in Chennai; Says India “Least Favorable Market”
Nokia has told the Center that India has become the “least favorable market” and that it would prefer to exit and import phones from China for sale in the country.
According to the 2013 Academic Ranking of World Universities released on Thursday at Shanghai, the IISc in Bangalore, was ranked #1 in India. IISc was the only institution from India to make it to the ranking last year as well.
The Rajya Sabha passed the companies bill yesterday to replace the ancient companies act of 1956. As a startup, here is what you need to know.
Rajesh Agarwal and Manish Tuli of Micromax Informatics were arrested by the CBI while allegedly bribing engineers of North Delhi Municipal Corporation for clearance to a construction project.
Sanjay Katkar, co-founder and CTO at Quick Heal, said the company will appoint independent board members in next 18 months. QuickHeal clocked Rs 250 cr in revenues in 2012.
At Rs 104.56 cr, revenue for the quarter were up 28% year on year whereas profits grew 69% year on year to Rs 28.04 cr.
Cost of energy, bandwidth, ease of doing business, taxes, political stability, energy security and availability of water etc play an important role when it comes to assessing the feasibility of setting up a data center in the country.
Narayana Murthy, who had announced his retirement earlier and taken up a non executive role of being the Chairman Emeritus of the company, will now be the executive Chairman of the company.
The choice of S R Patil, a 65 year old politician as the IT minister didn’t go well with some members of the civil society.
Last month, the tribunal in Kolkata said that a company which pays Google or Yahoo to advertise their business does not have to deduct taxes at source on the money spent for advertising.