Nokia Threatens To Shut Hardware Plant With 8,000 employees in Chennai; Says India “Least Favorable Market”

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.

IISc Makes It To Top 500 Universities Ranking; No Other Indian Institutions Are On It

IISc Makes It To Top 500 Universities Ranking; No Other Indian Institutions Are On It

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.

Companies Bill of 2012 Passed; Everything A Startup Must Know

Companies Bill of 2012 Passed; Everything A Startup Must Know

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.

Micromax Co-Founder Rajesh Agarwal Quits after Arrest on Bribery Charges

Micromax Co-Founder Rajesh Agarwal Quits after Arrest on Bribery Charges

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.

Indian antivirus software firm, Quick Heal Plans To Go Public Next Year

Indian antivirus software firm, Quick Heal Plans To Go Public Next Year

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.

JustDial Posts 28% YoY Growth in Revenues; Profits Up 69% [Q1 FY14]

JustDial Posts 28% YoY Growth in Revenues; Profits Up 69% [Q1 FY14]

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.

India 2nd Most Risky Country to Setup Data Centers

India 2nd Most Risky Country to Setup Data Centers

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 Comes Out of Retirement to Chair Infosys; Will take Salary of Rs 1

Narayana Murthy Comes Out of Retirement to Chair Infosys; Will take Salary of Rs 1

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.

At 65, is the new Information Technology Minister of Karnataka too Old? Or Are We Biased?

At 65, is the new Information Technology Minister of Karnataka too Old? Or Are We Biased?

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.

Advertising Online? No Need to Deduct Tax at Source Says Income Tax Tribunal

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.