Jaipur IT firm to help BlackBerry users stay connected

JAIPUR – A Jaipur-based software firm claims to have found an answer to the problem that BlackBerry users will face if the government decides to ban its messenger and corporate e-mail services.

Data Infosys, an IT Services company and the largest Internet Service Provider in Rajasthan, is going to launch Bharat Berry, an India-compliant service …. Source article  : Jaipur IT firm to help BlackBerry users stay connected.

High on eyeballs, DD rates for CWG ceremony zoom

NEW DELHI – Having tasted spectacular success with the Commonwealth Games (CWG) opening ceremony, national broadcaster Doordarshan (DD) has hiked advertising rates for the Oct 14 closing ceremony by over 160 percent and expects total revenue from the mega event to “definitely cross” $22 million.

The spot buy rates have been hiked from Rs.90,000 ($2,040) …. Source  : High on eyeballs, DD rates for CWG ceremony zoom.

Mercedes Joins Recall Bandwagon

SAN FRANCISCO (GaeaTimes.com)- 2010 is a year the automobile industry is going to remember very well for the worldwide recall of almost all top car brands! The recall fiasco started with Japanese car giant Toyota and soon others like Honda, GM and BMW joined the bandwagon. The latest car maker to join the list … Read the original article on Gaea Times at : Mercedes Joins Recall Bandwagon.

Poverty In India: Vinod Khosla To Fight It

MUMBAI, INDIA (Gaea Times.com)- The rich businesses men are often blamed for not caring about the economically weaker sections of the society. The view, however, is all set to change with the initiatives of Vinod Khosla. Vinod Khosla, a legendary investor, has announced his intentions of reinvesting his profits from SKS Microfinance …. Source article on Gaea Times at  : Poverty In India: Vinod Khosla To Fight It.

India keeps pushing for greater say for emerging markets

WASHINGTON – India has demanded a greater say for emerging markets in the global economic governance structure reflecting their changing importance and their role in recovery from one of the worst global financial crisis in decades.

Expansion of the International Monetary Fund’s role “is inextricably linked to reform of Quota’s,” Finance Minister Pranab Mukherjee said … Read more >>.

Emerging economies fail to get greater voice in governance

WASHINGTON – Despite a hard push by India, world financial leaders have failed to make progress on reforms in International Monetary Fund (IMF) to give emerging economies a greater say over the global economic governance.

At the end of IMF-World Bank annual meetings here Saturday, Dominique Strauss Kahn, IMF managing director, claimed there had been …. Original source  : Emerging economies fail to get greater voice in governance.

IAF strengthening its ground assets: Air chief

NEW DELHI – The Indian Air Force (IAF) is upgrading and modernizing its existing airfields and bases – rather than creating new ones – with the latest and ultra-modern communications, radar, aircraft landing systems and defensive shields, its top commander says.

A project, designated Modernisation of Airfield Infrastructure (MAFI), was already under way and airfields …. Source  : Gaea News Network.

India pushes for IMF reforms amid fragile recovery

WASHINGTON – India has again pressed for organisational and governance reforms in the International Monetary Fund (IMF) in a “fragile phase of repair and rebuilding” after the global financial crisis.

“While the worst may be behind us, the period of tribulation is not over yet,” Finance Minister Pranab Mukherjee said in his address to IMF …. Original article on Gaea Times at  : India pushes for IMF reforms amid fragile recovery.

Green norms for SEZs to be announced soon

CHENNAI – Guidelines or standards to make all special economic zones (SEZ) environment friendly will be announced soon, an official said Saturday.

Speaking at the conference on Green Homes and Green SEZs organised by Indian Green Building Council (IGBC) here, Export Promotion Council director general L.B. Singhal said: “The union government will shortly notify the … Read more : Green norms for SEZs to be announced soon.

Porsche employees banned from social networking

STUTTGART – Luxury car manufacturer Porsche has banned employees from using internet sites such as Facebook, Google Mail or Ebay during office hours, for fear of industrial spying, German media reported Saturday.

Corporate security chief Rainer Benne told business weekly Wirtschaftswoche that the company feared information could be leaked via social networking site Facebook in … Original source on Gaea Times at : Porsche employees banned from social networking.

G-20 should protect interests of financial consumers: NGO

NEW DELHI – The G-20 should take concrete action to protect the interests of financial services consumers who have been badly hit by the recent downturn in the industry, an NGO working for social justice and economic equity said Saturday.

In light of the global financial crisis and its results on developing countries like …. Source  : G-20 should protect interests of financial consumers: NGO.

New SKS chief barred from taking major decisions

HYDERABAD – The Andhra Pradesh High Court has barred the new chief executive of SKS Microfinance from taking any major decisions before the conclusion of a case related to the controversial sacking of his predecessor Suresh Gurumani.

Gurumani, who was sacked little less than two months after SKS — one of the country’s largest … Read more >>.

CII inks pact to establish green manufacturing centre

NEW DELHI – A green manufacturing center of excellence will be set up in Germany in the Public-Private-Partnership (PPP) mode under a pact inked between the Confederation of Indian Industry (CII), the Central Manufacturing Technology Institute (CMTI) and Germany’s Fraunhoffer Institute, it was announced here Saturday.

According to CII chief Chandrajit Banerjee, the center will …. Original article on Gaea Times at  : CII inks pact to establish green manufacturing centre.

Subsidise ecological fertilisation, demand Madhya Pradesh farmers

DEWAS – Farmers in Madhya Pradesh have demanded a subsidy for practising eco-friendly measures to tackle India’s soil degradation crisis, environmental group Greenpeace India said Saturday.

The farmers held a public hearing in this Madhya Pradesh town to review the major soil health management support systems of the central government and its capability … Read more : Subsidise ecological fertilisation, demand Madhya Pradesh farmers.

Thiruvananthapuram’s new terminal opening still uncertain

THIRUVANATHAPURAM – The Airports Authority of India (AAI) and Air India (AI) are in a blame game over the delay in opening of the new terminal of Thiruvananthapuram airport.

The AAI and AI are entrusted with the ground handling of all the airlines.
An AAI official told IANS on condition of anonymity that they were … Original source on Gaea Times at : Thiruvananthapuram’s new terminal opening still uncertain.

India’s forex reserves rise to $294.16 bn

MUMBAI – India’s foreign exchange reserves increased by $2.563 billion to $294.158 billion for the week ended Oct 1, registering a gain for the third straight week on account of revaluation.

Foreign currency reserve rose $1.978 billion to $266.507 billion during the week, according to the Reserve Bank of India’s weekly statistical supplement.
… Original article on : India’s forex reserves rise to $294.16 bn.

Foreign fund inflows top $3 bn in six days

MUMBAI – Though benchmark indices of Indian equities dipped after a five week rally, the flow of foreign money into the stock markets continued unhindered with total inflows crossing the $3 billion mark within six trading days of October.

According to data available with the Securities and Exchange Board of India (SEBI), foreign institutional investors …. Source article  : Foreign fund inflows top $3 bn in six days.

Buy a book, win a Nano

NEW DELHI – What is the easiest way to own a Nano, the Rs.1 lakh family car that is meant to change the dynamics of Indian roads?

Grab a copy of the book Small Wonder: The Making of Nano from any bookstore, fill up a form and take part in the Grab a Copy, …. Original article  : Buy a book, win a Nano.

Sensex dips after five-week rally (Weekly Market Review)

MUMBAI – The benchmark index for Indian stock markets fell for the first time in five weeks with domestic investors booking profits, although foreign funds continued to invest in equities in substantial amounts.

The Bombay Stock Exchange’s 30-share sensitive index (Sensex) dipped 0.95 percent or 194.78 points to end the week at 20,250.26 points.
… Read more »».

Scottish delegation on promotional visit to India

NEW DELHI – A tourism and trade delegation from Scotland will visit India from Sunday to promote business, tourism, golf, culture and education, an official said Saturday.

“The trade mission provides an excellent opportunity to strengthen Indo-Scottish links across a range of sectors where Scotland has real strengths and expertise,” said Alex Salmond, first …. Read the original article  : Scottish delegation on promotional visit to India.