Walmart ready to jump over the wall to invest in India

January 28th, 2012 by Amit No comments »

Walmart ready to jump over the wall to invest in India The proposal on FDI multi-brand retail may have been put on hold, but it seems global retail giant Walmart remains optimistic.
Courtesy: Moneycontrol

Civil Aviation Ministry working on new policy

January 28th, 2012 by Amit No comments »

Civil Aviation Ministry working on new policy The Civil Aviation Ministry has started working overtime to formulate a new policy to cater to the latest concerns of the aviation industry, especially issues relating to its sustainability like jet fuel pricing, infrastructure, airfare pricing, safety and security.
Courtesy: Moneycontrol

Twitter to restrict user content in some countries

January 27th, 2012 by Nagini No comments »

San Francisco: Twitter announced on Thursday that it would begin restricting Tweets in certain countries, marking a policy shift for the social media platform that helped propel the popular uprisings recently sweeping across the Middle East.
This screen shot shows a portion of the Twitter blog post of Thursday, 26 January, 2012, in which the company announced it has refined its technology so it can censor messages on a country-by-country basis. Photo: AP
This screen shot shows a portion of the Twitter blog post of Thursday, 26 January, 2012, in which the company announced it has refined its technology so it can censor messages on a country-by-country basis. Photo: AP

“As we continue to grow internationally, we will enter countries that have different ideas about the contours of freedom of expression,” Twitter wrote in a blog post published on Thursday.

It said even with the possibility of such restrictions, Twitter would not be able to coexist with some countries. “Some differ so much from our ideas that we will not be able to exist there,” it said.
Twitter gave as examples of restrictions it might cooperate with “certain types of content, such as France or Germany, which ban pro-Nazi content.”
A Twitter spokeswoman declined to elaborate on the blog.
“Starting today, we give ourselves the ability to reactively withhold content from users in a specific country while keeping it available in the rest of the world,” the Twitter blog said.
Twitter’s decision to begin censoring content represents a significant departure from its policy just one year ago, when anti-government protesters in Tunisia, Egypt and other Arab countries coordinated mass demonstrations through on the social network and, in the process, thrust Twitter’s disruptive potential into the global spotlight.
As the revolutions brewed last January, Twitter signaled that it would take a hands-off approach to censoring content in a blog post entitled “The Tweets Must Flow.”
“We do not remove Tweets on the basis of their content,” the blog post read. “Our position on freedom of expression carries with it a mandate to protect our users’ right to speak freely and preserve their ability to contest having their private information revealed.”
And last year, Twitter general counsel Alex Macgillivray declared that the company was “from the free speech wing of the free speech party.”
In the interest of transparency, Twitter said on Thursday, it has built a mechanism to inform users in the event that a Tweet is being blocked.
Twitter’s move comes at a time when Internet companies such as Google and Facebook have wrestled with foreign governments over freedom of speech and privacy issues as they expand rapidly overseas.
In 2010 Google relocated its web search engine to Hong Kong, following a very public spat with the Chinese government over its refusal to bow to Beijing’s Web censorship requirements and a hacking episode that Google said it had traced to China.

Courtesy: LiveMint

BSNL publicity work under CBI lens for alleged foul play

January 27th, 2012 by Amit No comments »

BSNL publicity work under CBI lens for alleged foul play The CBI is probing alleged irregularities in advertisement work worth crores carried out through ineligible firms by public sector telecom giant Bharat Sanchar Nigam Limited (BSNL).
Courtesy: Moneycontrol

HCL to create 10,000 jobs in US, Europe over 5 years

January 27th, 2012 by Amit No comments »

HCL to create 10,000 jobs in US, Europe over 5 years In one of the biggest announcements related to job creation here at the World Economic Forum, Indian IT major HCL Technologies today said the company will create 10,000 local jobs in Europe and the US over the next five years.
Courtesy: Moneycontrol

Vodafone tax victory has government mulling options

January 26th, 2012 by Amit No comments »

Vodafone tax victory has government mulling options After the defeat in the Hutchison Vodafone tax case, the government has not yet given up and is considering all options.
Courtesy: Moneycontrol

Vodafone tax victory has government mulling options

January 26th, 2012 by Amit No comments »

Vodafone tax victory has government mulling options After the defeat in the Hutchison Vodafone tax case, the government has not yet given up and is considering all options.
Courtesy: Moneycontrol

CSE calls for Rs 1.62 lakh extra tax on big diesel cars

January 26th, 2012 by Amit No comments »

CSE calls for Rs 1.62 lakh extra tax on big diesel cars The Centre for Science and Environment today demanded an additional duty of up to Rs 1.62 lakh on big diesel cars to prevent the misuse of subsidised fuel for luxury.
Courtesy: Moneycontrol

CSE calls for Rs 1.62 lakh extra tax on big diesel cars

January 26th, 2012 by Amit No comments »

CSE calls for Rs 1.62 lakh extra tax on big diesel cars The Centre for Science and Environment today demanded an additional duty of up to Rs 1.62 lakh on big diesel cars to prevent the misuse of subsidised fuel for luxury.
Courtesy: Moneycontrol

Eyeing Rs 2600cr topline in FY13: Madhucon Projects

January 25th, 2012 by Amit No comments »

G Ramachandran By 31 March 2013, Madhucon Projects aims to reach Rs 2600 crpre by way of topline, says chief financial officer G Ramachandran.
Courtesy: Moneycontrol