Tag Archives: Technology Sector

2G Case: Ravi Ruia and other exempted from personal appearance

The Patiala House Court in Delhi has granted Loop Telecom and Essar Group promoters’ exemption from personal appearance after their lawyers appeared in place of them before the court today in connection with the 2G case.

It is of second time that the promoters of Loop and Essar Group were not appeared before court for hearing.

Hesitating to be appearing in court, Ravi Ruia and Anshuman Ruia, promoters of Essar, I P Khaitan and Kiran Khaitan, promoters of Loop Telecom, and Vikas Saraf, Director (Strategy and Planning), Essar, are again issued summons for personal appearance by the court.

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New Mahindra Xylo launched on Wednesday

The latest technology sector news reveals that Mahindra & Mahindra Ltd, India’s premier utility vehicle (UV) firm, has finally launch the new version of Mahindra Xylo in New Delhi on Wednesday, February 8, 2012.

Meanwhile, the newly launched vehicle by the company [Mahindra Xylo MPV] is powered by the Mhawk engine in top end E9 model and voice command technology (VCT) to control the SUV.

M&M chief executive for automotive division Pravin Shah said, “This technology is adopted for the first time ever in the auto industry in the country, probably in the world, and has been developed in-house and is patented.”

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HCL demands bidding option for Aakash II Tablets

In some interesting news from Technology sector, it is said that major IT and tech firm HCL has showed their interest in the bidding for the Aakash II tablets after the governments issued an expression of interest (EoI) for it.

The declaration was made to media by a senior company official at the ISA Vision Summit 2012. He said, “HCL Info may offer its expertise in manufacturing as the demand for the tablet has reached the million mark.”

Though, the Union Minister for HRD, Communications & IT, Government of India, Kapil Sibal has earlier said that the ultra-low cost Aakash tablets will soon be available for free to every Indian student.

Mr. Kapil Sibal also said in his speech that the central government will soon introduce Aakash II, the successor to the first generation Aakash tabs, which is a faster and more professional version of the Aakash that was introduced earlier.

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Uninor announces to bid for 2G Spectrum auction

As per the latest technology sector reports, the new telecom operator Uninor, a JV between Telenor of Norway and Unitech, today announced that the company will take part in 2G spectrum auction though the company did not rule out exit option from the Indian market.

The announced was made when Uninor managing director and Telenor’s Asia head Sigve Brekke talking got media, he said, “In principle we will go for auction but I am not saying that whether we will win everything … So, the option of exit cannot be ruled out.”

He added that the company will soon finalize its policies after going through the base price and the reserve price for the spectrum.

Earlier, the licence of Uninor has been cancelled by the Supreme Court along with other new operators. Supreme Court’s judgment last week orders to cancel the licences of 122 2G licences in connection of illegally in January 2008 by ex-telecom minister A Raja.

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Shailesh Rao to join Twitter, quits Google

The managing director of Google’s Asia-Pacific operations, Shailesh Rao has left out from Google.

As per his statement , February 3 was his last day and now he is headed as vice-president to hold international operations of world’s largest site Twitter.

The microblogging site Twitter who has around more than 100 millions users had added last month a new feature of 140-character posts to censor tweets on a country-by-country basis.

Now the firm has selected Rao to join Twitter as vice-president for growing its international operations outside the US. This step will enhance revenues from advertisers in Asia and help to compete and win in the battle with other social media networks.

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Relief for P Chidambaram as 2G case dismissed

Today, trial court dismissed the Swamy’s plea against Home Minister P Chitambaram to make him a co-accused over 2G scam.

Special CBI judge OP Saini delivered his judgment after 1 this afternoon to a packed court-room and has ruled that all the allegations filed against P Chidambaram as tried for criminal culpability in the telecom scam have been rejected.

Announcing his judgment, Judge OP Saini said, “Prayer of Swamy to make Chidambaram an accused is dismissed”.

Reacting on the rejecting of a petition filed against Chidambaram to be made a co-accused in the telecom scam, which was allegedly fathered by A Raja during his infamous term as Telecom Minister, Mr Swamy said that he was surprised by the order and that he announced in his statement that he would approached to High Court within three months against Special CBI Judge OP Saini’s order in the 2G scam.Swamy said, “I am surprised because my evidence against Chidambaram was complete.”

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A sobering look at Facebook, says study

As per the survey, it is reported that the people who have used Facebook, the social networking site from a long period show no sign of being bored from the site.

Facebook site found in 2004 by Mark Zuckerberg and now at this time, the company has 845 million active users who are enjoying its services of posting pictures, updating, commenting and sharing photos and random thoughts with their friends or friends of friends.

Due to having more popularity as compared to Twitter, Google, Yahoo and other social networking sites, the Company filed its initial public offering (IPO) prospectus with the Securities and Exchange Commission, seeking to raise $5 billion.

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Aakash tablets creates makes its presence felt in Nepal too

The India govt. is set the price of an updated version of Aakash 2 tablet at Rs.1500 that is an affordable price for each student and now its impacts is putting Nepal.

The world’s most affordable tablet computer, mainly at students, is highly demanded from all sections in Nepal. “We have got an order for 1000 units from a restaurant chain. And besides students, professionals and businessmen, many inquiries have come from rural areas and other regions for dealerships,” said Vivek Khetan of Gizmos Nepal, the sole distributors for Nepal.

Aakash tablet is manufactured by Datawind Company and has come in October last year. Due to having some problems of manufacturing, tablets demand had reduced, but now after promoting its improved version Aakash 2 in December last year, tablet had recorded 1.4 million bookings in just two weeks.

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