Most read stories of the week

Monday: December 19, 2011

Microsoft takes on Apple, Android

Windows operating system, code named Mango, for mobile handsets has several familiar applications of a PC. The smartphone market, which until now was majorly dominated by Google's Android and Apple's iOS, is making space for the new entrant — Microsoft's Windows operating system (OS). Code named Mango, this new OS for mobile handsets comes powered with many familiar applications of the most popular operating system in the PC world. Read More...

Arrests as Occupy Wall Street movement turns to church

From his spot at the centre of Duarte Square in Lower Manhattan, Matt Sky watched on Saturday as hundreds of protesters streamed into the public areas of the triangle-shaped space at the centre of an ideological tug of war between one-time allies turned adversaries: Occupy Wall Street and Trinity Church. Read More...

Apple logs in to school labs

Schools and institutes switch to tablets to make learning fun for students. Vishesh Dokania, grade 1 student of Universal High Malad, loves his Apple iPod. His reasons, “I can play lots of games. It even talks back to me.” His father affirms that his son has become more excited about going to school after it went digital. Read More...


Foreign investors can get equity in lieu of dividend

Change in keeping with global practice of treating reinvested earnings as FDI. In a significant liberalisation of the foreign direct investment policy, the government has permitted the issuance of additional equity shares to a foreign investor that already has shareholding in a company in lieu of its dividend income. Read More...


New direct taxes code unlikely in next Budget

But, govt plans to bring some provisions that can’t wait. The Direct Taxes Code (DTC), which will replace the Income Tax Act, 1961, is unlikely to be implemented from the next financial year as planned earlier. Read More...

 
BSNL seeks Rs 12,000 cr for VRS

State-owned telecom service operator Bharat Sanchar Nigam Limited (BSNL) is seeking Rs 12,000 crore from the central government towards one-time compensation package to the employees opting for its voluntary retirement scheme (VRS), according to RK Upadhyay, chairman and managing director. Read More...


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Tuesday: December 20, 2011


RBI crackdown on speculation stabilises volatility in rupee

But weak markets and global pressure will continue to weigh on currency, says Street

The rupee bounced back from the day's low on Monday, buoyed by dollar sales from some local companies. However, weakness in local equities, along with strong demand for the dollar due to worries that North Korean leader Kim Jong-il’s death could spark political instability in the region, kept the local currency on the edge, traders said. Read More...


Don 2 bets big on new media for promotions

“Glad you liked the 3D surprise in the morning paper. See ‘Zaraa dil ko Thaam’ in 3D. See you there on Google+ Don2 page,” tweeted Farhan Akthar, director of Don 2: The Chase Continues, which releases this Friday. Read More...


IIFCL to set up $1-bn infra debt fund via mutual funds by Feb

The India Infrastructure Finance Company (IIFCL) is planning to set up a $1-billion infras