Gartner, Inc, the information technology research and advisory company, predicts that by 2014 social networking services will replace e-mail as the primary vehicle for interpersonal communications for 20 per cent of business users. This is on the back of a rapidly-growing preference for using social media platforms.

'Social networking giving e-mail run for its money in biz space'

Business Standard

The company says dealer margins are not included in the accounts of Bharti, so there was no question of paying licence fee.

Spl audit of Airtel says it may owe Rs 174 cr to govt

The world&rsquo;s largest social networking site, Facebook, today announced it was investing in India by opening an office in Hyderabad, where it would build a &lsquo;world-class team&rsquo; to support its growing number of users, advertisers and developers.

Facebook to open India office at Hyd

Tata Consultancy Services (TCS) signed a five-year contract with Malaysia Airlines (MAS) for end-to-end information technology infrastructure services.

TCS signs five-yr deal with Malaysia Airlines

Reliance Communications (RCom), a part of the Anil Dhirubhai Ambani Group, today announced that it had crossed the 100-million mobile subscribers mark, on the back of a surge in its GSM subscriber base, a service launched less than a year ago.

RCom crosses 100-mn customer mark

India data centre services market is projected to reach nearly Rs 10,000 crore by the end of 2011, a compounded annual growth rate of 22.7 per cent over the two-yearperiod 2009-2011, according to research and advisory firm IDC India.

Data services mkt set to reach Rs 10,000 cr

Press Trust of India

Reliance Communications (RCom), the country's second-largest telecom service provider, today said the price war in the sector is likely to intensify in months ahead and the pressure on operators to reduce call charges will continue to be there for a few more quarters.

Tariff war to intensify further, says RCom

With the number of registered console gamers increasing in the state of Gujarat, Zapak intends to cash in on the upward trend soon. For this, the company plans to double the number of its gaming zone, Gameplex, in the state.

Zapak plans to double Gameplexes in Gujarat

The Indian-American founder of a database compilation company was today charged by regulators with fraudulently using millions of dollars of corporate funds to support his lavish lifestyle, including 20 automobiles and a jet, forcing him to agree to $7.43 million (about Rs 33.87 crore) in penalties.

SEC charges Vinod Gupta with siphoning corporate funds

The Department of Telecommunications (DoT) has directed telecom operators &mdash; Bharti Airtel, Reliance Communications, Vodafone Essar and Tata Teleservices &mdash; to provide accounting details for three years from 2006-07 to the Comptroller and Auditor General of India (CAG) in the next 15 days. CAG, the apex audit body, earlier decided to audit accounts of leading telecom operators.

DoT asks four telecom operators to give accounting info to CAG

Anil Ambani-led Reliance Communications (RCom) today said it was open to acquisitions in the country to grow its presence in the domestic market and would do so at the right opportunity.

RCom open to acquisitions in India to strengthen presence

Software company VirnetX Holding Corp today said a federal jury in Texas has ordered Microsoft to pay $105.75 million to the company for infringing two patents.

VirnetX wins patent case against Microsoft

Marketing guru Philip Kotler has often cautioned that the average company taps a mere 10 per cent of the internet&rsquo;s potential. This dismal scenario, however, is set for a sea change, with advertisers looking at multiple delivery platforms to rise above the clutter.

Ads in cyberspace find their mark

Samsung will be launching its proprietary smartphone operating system (OS) &ndash; Bada (ocean in Korean) &ndash; in the second quarter of this year. The company currently sells smartphones running on Microsoft Windows, Symbian and Google&rsquo;s Android OS platforms.

Samsung to roll out own operating system soon

Move could increase India&rsquo;s broadband penetration over three times.

BSNL may open up lines for pvt firms

Quippo Telecom Infrastructure and Wireless TT Info Services (Quippo-WTTIL) has acquired the tower business of Tata Teleservices (Maharashtra) Ltd, a Tata Group company, in a deal valued at Rs 1,318 crore.

Quippo buys TTML's towers, now largest independent firm

Global chip maker Qualcomm today said it had put in an application with the Indian government to bid for the pan-India auction of Broadband Wireless Access (BWA) spectrum, scheduled next month.

Qualcomm to bid for  broadband wireless

Investors like General Electric (GE), General Atlantic, Oak Hill Capital Partners and Wells Fargo &amp; Company have offloaded their stake in India&rsquo;s largest business process outsourcing (BPO) company Genpact. Genpact will sell these 28 million common shares to the public through a secondary public offering.

Strategic investors offload stake in Genpact

Mobile application development company MobileOne Infocom is looking to tap venture capital funding of $2 million as part of its expansions into West Asia and South America this year.

MobileOne expanding into West Asia, Latin America

Reliance Communications announced today that it was partnering with Polycom, a global leader in tele-presence and video conferencing services. This partnership would introduce high-resolution wireless video-conferencing services, to be marketed by Reliance Webstore, the retail arm of the Anil Dhirubhai Ambani Group.

RCom-Polycom launch wireless video conferencing

The government-appointed special auditors have found no major accounting discrepancy in the Birlas-owned Idea Cellular, although they failed to get full details to assess additional liability.

Idea gets special auditors' clean-chit; liability Rs 26 cr

Tech News: Latest Techn news & updates on Smart Watches, Gaming Console, iOS updates with launch date and price straight from Business Standard.com.

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