Uday Lal Pai

[March 20, 2001 Mumbai] CNet India, a part of the US-based C-Net Networks Inc, has shut down its Indian operations. A message posted at india.cnet.com says: “You can continue to find the best technology news, reviews, games and more by visiting ZDNet India (http://www.zdnetindia.com).” While internationally cnet.com took over the content of zdnet.com, in India […]

[Mumbai] The political fallout from the India based ICP tehelka.com’s corruption expose continued today as Indian Defense Minister George Fernandes submitted his resignation. Using hidden cameras, journalists from tehelka.com posing as representatives from a fictitious English arms manufacturer videotaped a wide range of officials from the Indian political and military establishments accepting bribes to promote […]

[Mumbai] Bangaru Laxman, president of India’s ruling Bharatiya Janata Party, resigned on Tuesday evening following the release of videotape released by Indian internet portal http://www.tehelka.com. The video showed Laxman accepting bribe money from Tehelka.com journalists posing as representatives from a fictitious English arms manufacturer. Laxman has called the release of the tapes politically motivated. The […]

[March 6] An expected delay by Hutchison Whampoa in the roll-out of 3G telephony services, along with a sharp decrease in share price in partly Hutchison owned Vodaphone Airtouch, has caused ING Barings to downgrade its twelve month price target to HK$93 from HK$101. ING Barings analyst Cusson Leung noted “Although Hutchison has provided HK$30 […]

[ASIA] The Indian government has cleared a proposal from America Online Inc (AOL), a division of AOL-Time Warner, to invest $100 million through a newly incorporated Indian subsidiary, Netscape Communications India Pvt Ltd. India will be the 17th country where America Online is setting up shop. The company has proposed to establish the subsidiary in […]

ASIA — Huawei Technologies Limited (HTL), the $2.6-billion Chinese telecom giant, has chosen Bangalore for its largest software development center (SDC) outside China. The facility will be used for advanced research and development (R&D) in telecommunications and networking solutions, especially third generation (3G) systems. Huawei has so far invested $8 million in the center in […]

The U.S.-based Nasdaq stock market will open its first branch office in India to encourage more Indian companies to list them on the tech-heavy stock exchange. Slated to open February 12 in Bangalore, the office will be Nasdaq’s third worldwide office outside the U.S. after London and Sao Paulo, Brazil. “With the opening up of […]

[January 30] Within four days of announcing guidelines for basic services coupled with the limited mobility bonanza, the bidding process for India’s new basic service licenses opened Monday with a bang. The Department of Telecom (DOT) has received a whopping 52 applications from private companies for providing basic services in the 21 telecom circles. According […]

[January 19] Software giant Infosys Technologies Ltd. [Nasdaq:INFY] will establish its world’s-largest facility on the outskirts of Bangalore, to the tune of $127 million. The proposed software development complex would be set up over 100 acres near Wipro Ltd.’s facility in Sarjapur, 15 km from Bangalore, and will provide jobs to 7,120 persons, Karnataka Industries […]

The chief executive officer of Cisco Systems Tuesday predicted explosive growth in Internet usage in India. Chambers said the number of Internet users in India was likely to grow to 50 million by 2004, far outstripping Asian regions such as Thailand (3.6 million) and Hong Kong (3.4 million). “The equalizer in life will be Internet […]

[ASIA] Information and Broadcasting Minister Sushma Swaraj has dismissed suggestions that India’s pending convergence/communications bill has been fraught with delays, noting that there was hardly any convergence in India as yet to regulate. Pointing out that less than one percent of convergence has happened in the country as of now, the minister said, “Convergence is […]

[ASIA] Infovergix Technologies, a part of the $1.5 billion O.P. Jindal Group, entered into a strategic partnership with Nortel Networks to address the e-applications market in India last week. “The alliance will leverage the technology strengths of Nortel and deliverable skill sets of Infovergix. Nortel’s key focus area for India are e-business, wireless Internet, Internet […]