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Dashing through the snowOn a one-horse open sleigh,Over the fields we go,Laughing all the way;Bells on bob-tail ring,Mak...
24/12/2012

Dashing through the snow
On a one-horse open sleigh,
Over the fields we go,
Laughing all the way;
Bells on bob-tail ring,
Making spirits bright,
What fun it is to ride and sing
A sleighing song tonight. Oh,

Jingle bells, jingle bells,
Jingle all the way!
Oh what fun it is to ride
In a one-horse open sleigh
Jingle bells, jingle bells,
Jingle all the way!
Oh what fun it is to ride
In a one-horse open sleigh

07/11/2012

As part of its plan to crack down on pesky short messaging service ( SMSs), the Telecom Regulatory Authority of India ( Trai) has said only 100 SMSs per day per SIM card would be allowed at concessional rates. Beyond this number, telecom service providers cannot charge less than 50 paise per local SMS, Trai principal adviser N. Parameswaran said at a press conference here on Monday. Currently, these SMSs cost as low as 1 or 2 paise.

The new Trai order has to be implemented within 15 days, Parameswaran said adding that these measures are initial steps and more will follow. Subscribers will be able to lodge complaints if bombarded with unsolicited SMSs or calls at the toll free number 1909 from November 6.

07/09/2012

Gold prices may be the party pooper this dhanteras - the traditional buying season for thousands of Indian households - with several analysts betting that the yellow metal is expected to touch Rs 35,000 per 10 gram.

On Thursday, the precious metal gained Rs 320 to Rs 32,300 per 10 gram in the Delhi market and has gained Rs 1,555 in the last fortnight in the wake of continued uncertainty in Europe. In Mumbai, gold climbed up by Rs 220 to end at Rs 31,700 per 10 gram from Wednesday's closing level of Rs 31,480. In the international market, the yellow metal hit a six-month high of $1,701 an ounce, and is now twice as precious as it was in 2008, when the global financial crisis hit the economy.

06/09/2012

BANGALORE: This may come as a surprise. Mid-tier Indian IT firms have been doing as well or better than their top-tier counterparts in recent times. Normally in a downturn, the mid-tier segment tends to be more adversely impacted because customers who are still able to spend on IT prefer the safety of the more established players. But that's not the case now. In fact, the only exception in recent times was the global recession year of 2009-10, when mid-tier firms performed worse than top-tier ones.

Companies like KPIT Cummins, eClerx, MindTree, Persistent Systems, Polaris, Infotech, InfoEdge, Geometric, NIIT Tech, CMC and Zensar had revenue growth rates that were well over 20% in each of the last two years - 2010-11 and 2011-12. Among the best of these were KPIT Cummins, with growth rates of 46% and 38%; eClerx with 37% and 29%; and Zensar with 25% and 46%. In the first quarter of this year, KPIT Cummins' revenue grew 88% to Rs 538.3 crore, Hexaware's grew 37.6% to Rs 438.3 crore and Persistent Systems' grew 34% to Rs 301 crore.

03/09/2012

The entrepreneurship bug is catching up with women. Soon, it's going to be the women's era as they take over realms of small, medium and large enterprise. India is going to be the hub of women entrepreneurship. These were the observations of renowned Indian scientist and the man behind Param Supercomputer, Vijay Bhatkar, during his visit to the city on Saturday.

01/09/2012

The court filings read Apple vs Samsung, but the target was really Google. That's because an unprecedented 68 percent of smartphones - largely Samsung's - that shipped in the second quarter ran on Google's Android software, according to research firm IDC. Apple's iPhones garnered only a 17 per cent market share. Steve Jobs, the late Apple founder, insisted that Android included "stolen" features, and his successors have pursued that line in more than 50 lawsuits against smartphone makers in 10 countries.

31/08/2012

CHENNAI: High fuel bills, food bills and a wedding cake tax regime - India's consuming classes have never had to fight on so many fronts. Now, latest RBI data shows household financial savings are also decelerating sharply. So is the wallet pinch so hard that Indians are putting off consumption as well as savings? And will the coming festival season bear the scars of that pinch?

The answer is both yes and no. Along with the usual suspects - inflation and weak stock market returns - what has also pinched Indian wallets is "slower urban job creation and income growth" says a Morgan Stanley Research report. Ashok Khanna , senior executive vice president and business head auto loans, HDFC Bank, says: "Outgo is up on food, fuel and loan installments and the multiple imposition of taxes - service tax, VAT, cess - by the Centre and the state governments make everything more expensive. So, savings are obviously getting impacted."

But the segment that's worst off in this scenario is the middle class. "The impact is maximum on households with average income of up to Rs 1 lakh per month," says Khanna. "Those are the households that will have a car loan, home loan and fuel bills and they are the segment that is getting squeezed."

29/08/2012

French market research firm, Ipsos, may be a late entrant in the Indian market, but its founder, chairman and CEO of the group, Didier Truchot believes that in the next five years, it has the potential to become a significant player in the country.

India currently contributes 1.5% to its global revenues of 1.4 billion euros (roughly US$ 2 billion) in 2011. With the value of market research in India at a mere 20 cents per capita versus $1 in China, $3 in Brazil and $20 in France, Truchot said the scope of growth is immense in markets like India.

27/08/2012

NEW DELHI: Bharti Airtel, India's largest mobile operator by both customers and sales, has recorded a 1.1% jump in its revenue market share for the three months ended June 2012, after continuous decline in this parameter for nine consecutive quarters, indicating that its new strategy of aggressively pricing its services is beginning to yield results.

An analysis of the latest data released by sector regulator Trai reveals that Bharti commanded 30.3% of the industry's sales for the June 2012 quarter when compared to 29.2% for the previous three-month period in the same year (Jan-March 2012). Its peers - Vodafone and Idea Cellular - that have been chipping away at its dominance in the mobility space in India for the last two years have retained their revenue market share at 22.7% and 15%, respectively, during this period.

Bharti's revenue market share (RMS) fell from 33.8% in the first quarter of 2009-10 to 29.2% in the fourth quarter of 2011-12 while Vodafone increased its RMS by 200 basis points and Idea Cellular by 280 basis points during the same period.

25/08/2012

Apple won more than $1 billion in a massive victory Friday over South Korean giant Samsung, in one of the biggest patent cases in decades -- a verdict that could have huge market repercussions.

25/08/2012

SAN FRANCISCO: Apple won more than $1 billion in a massive victory Friday over South Korean giant Samsung, in one of the biggest patent cases in decades -- a verdict that could have huge market repercussions.

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