Congress Party seems to have played a masterstroke here. After not so impressive budget , they have announced something that will make the common man scream with Joy. In fact the Government has unveiled the draft of a brand new direct tax law, which will replace the four-decade Income-Tax Act The new code will completely overhaul and simplify the existing tax proposals for not only individual tax payers, but also corporate houses and foreign residents.
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Direct Tax Code Bill: Highlights & Full Report
SME- Small and Medium Enterprises are the undeniably the underdogs of the Indian Economy . They are not given the emphasis and coverage they deserve, yet they go on doing what they are best at. “Charting and Executing Their Growth Plans and Taking India Ahead” I chanced about a recent report conducted on Indian SME’s sometime back and if the numbers are anything to go by, the Indian SME Sector is a force to reckon with
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Indian SME’s Taking Recession in Their Stride, Taking India Ahead
Telecom Tuesday is our weekly Digest that brings you snippets of Buzzing stories related from Indian telecommunication Industry No More New Telecom Service Providers, atleast for now ! The Telecom growth has spurred hordes of Companies across the globe to apply for providing telecom services in India. But, TRAI (Telecom Regulatory Authority of India) has asked the federal government not to issue any new telecom licenses for now. The reason – India doesn’t have enough radio bandwidth for all the new companies that have applied to provide telecom services.
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Telecom Tuesday: Telecom News Digest
I am a firm believer that recession is more in the minds of people than it is on ground. Yes, we have had global downturn, but the evasive actions that we take to counter recession are responsible for deepening of recession to a very large extent. I am sure you must have read this story: The Story is about a man who once upon a time was selling Vada-Pavs by the roadside.
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Consumer Confidence Index points to end of recession !
Figure out a few of the headlines in recent times, “18,000 People On The Bench At Infosys” “Mahindra Satyam places 500 associates on bench” Not that this practice is something new, but it has never ceased to riddle me. Moreover, in the current economic downturn, with companies battling it out to maintain their profitability, these headlines sure signal a cause of worry
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Is IT Sector Killing Itself and The Young Minds By Keeping Them “On Bench”
Telecom Tuesday is our Weekly news digest of buzzing stories relating to Indian Telecommunication Sector. The Great telecom rip-off: 20,000 crores of Tax-payers money gone down the drain The Tribune today has published what it calls – The Great telecom Rip-Off – and gives details about how Indian telecom Minister may have cost Indian Tax payers in excess of 20,000 crore Rupees ! source Here are the facts published by The Tribune Instead of auctioning scarce and precious spectrum, which is the world-wide practice, Mr Raja chose to go for a grossly undervalued licence fee of Rs 1,650 crores. Companies awarded the licence for 2g spectrum then proceeded to avail of the FDI policy in the sector to off-load 50 per cent to 74 per cent of their shares to foreign collaborators to make a killing as valuation jumped from Rs 1,650 crores to anywhere between Rs 9,000 to Rs 10,000 crores.
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Telecom Tuesday: India News Digest
Have you ever wondered how much Investment has gone into Early and Growth stage companies by various Venture Capitalists in India. Here are the list of VCs based on number of Investments, Value of their Investments and total funds raised by them. Interestingly, Sequoia Capital India tops the charts for all three of them , so it could be safely said that they are the top Venture Capitalists in India.
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Top Venture Capitalists in India by Investments
Now this is really a scintillating news ! 2 years back TRAI had mentioned that only speeds of above 256 kbps can be defined as a broadband connection, but now TRAI (Telecom Regulatory Authority of India) today indicated that : Government has to redefine broadband services making it mandatory for operators to offer at least 2Mbps speed. While the Western, especially European countries are introducing speeds of 20 mbps and above, India is lagging far far behind, specifically due to their speeds. If this new definition comes to passé, it may actually change the face of Indian Internet scene
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Hail TRAI – Only 2 mbps speeds can be defined as Broadband
Just like our big, (once) strong multinational companies, American universities and research institutions also look to emerging markets for growth. Whereas corporate interests seek new customers, economies of scale, more efficient inputs, and cheaper labor, U.S.-based research universities look for student talent, well-trained faculty, and in some cases, opportunities to uncover new discoveries, products, and ideas
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A Potentially Extractive Relationship: American Universities and India
We are publishing a 3 part series that will highlight the performance of Indian Telecom sector. India Telecom Report: Broadband & Internet India Telecom Report: Wireline Subscribers India Telecom Report: Wireless Subscribers This is the 2nd part of our Indian telecom report series which looks at wireline subscribers (normal wired telephones) in India. These number have been pretty stagnant since last 2-3 years thanks to the explosive growth of Mobile Telephony.
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India Telecom Report: Wireline Subscribers
In 2007 we had published the Outlook India survey of Top Government Engineering colleges and Top Private Engineering Colleges , but this time around Outlook has skipped the survey. However, Mint has published a survey ranking Top 50 Government & Private Engineering colleges as well on exact same parameters that Outlook had done earlier, so the comparison between the rankings can be compared and justified. Top 50 Private Engineering Colleges in India
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Top 50 Private Engineering Colleges in India