India ‘moved east’ after tsunami

September 2nd, 2009 NEW DELHI - The US Geological Survey on Wednesday issued a tsunami alert for the Indian Ocean in the wake of a 7.4-magnitude earthquake striking Indonesia's Java island. According to the USSGS, the quake struck less than 200 kilometres south of the capital Jakarta at a depth of 63 kilometres.

March 20th, 2009 LONDON - A scientist has used Google Earth to detect a spot in the Caribbean that can trigger a tsunami in the future.According to a report in New Scientist, the spot was found by Richard Teeuw from the Geohazard Research Centre at the University of Portsmouth, UK, and his colleagues. "We were doing fieldwork on the volcanic island of Dominica in the Lesser Antilles and initially just used Google Earth to identify good study areas," he said.

February 28th, 2009 WASHINGTON - Verizon Business, a global leader in communications and IT solutions, plans to offer direct connections to one of the world's largest global networks through its two international gateways in Mumbai and Chennai. This follows approval from the India government's Department of Telecommunications to operate these under its international long-distance license, the New Jersey based company announced Friday.

October 4th, 2005 India’s global image and reputation is rapidly growing. Top Internet decision makers, PIR, have decided to make India a hub for the technical backend of all new websites, a move that is expected to significantly reduce time to resolve websites.

January 11th, 2006 According to the latest list of the Top Travel Destinations by iExplore, an online seller of adventure and experiential travel, India ranks amongst the fifth choicest place to visit in the world in 2004 and 2005. Egypt, Peru, Galapagos and China are the first four top travel destinations.

March 19th, 2009 NEW DELHI - Contrary to the general perception that India had forced US IT giant IBM to exit the country in 1977, evidence shows that the government was not only keen to retain the company but had also held secret parleys for that with the company's top brass in the US, says a new book. The closed-door talks with IBM were piloted by the then Electronics Commission led by senior technocrat N.

January 27th, 2009 BANGALORE - Norwest Venture Partners (NVP), promoted by angel investor Promod Haque, will invest Rs.200 million (Rs.20 crore) in infrastructure management services firm Appnomic Systems, it was announced here Wednesday. The venture fund will be invested to expand into the US market and build innovative product and service offerings, the Bangalore-based Appnomic said in a statement.

January 20th, 2009 BANGALORE - Azim Premji, chairman of IT major Wipro, is optimistic about the revival of the Indian economy earlier than the world economy, saying the country remained largely insulated from the fallout of the financial meltdown and recession in developed countries. 'I am little more optimistic about the India situation.

November 4th, 2008 TRAI* (Telecom regulatory body) report on growth of telecom in India for September reveals some startling facts about Mobile growth and penetration in India. Highlights are as follows: Second time India added 1 Cr mobile consumers in September.

January 30th, 2007 In India several households and even companies are looking at PC's in the price range of Rs. 10,000 (~ 227 USD).

November 5th, 2006 I gave a presentation on IT entrepreneurship at National Institute of Technology Durgapur to MBA students and local entrepreneurs in summer of this year. The presentation was in my laptop which I finally got a chance to open today.

July 23rd, 2009 NEW DELHI - Microsoft founder Bill Gates is in India to receive the Indira Gandhi Prize for Peace, Disarmament and Development. The award will be received on behalf of the Bill and Melinda Gates Foundation, which has been providing grants for public health activities, notably in the areas of HIV/AIDS prevention and communication.

December 18th, 2005 Microsoft plans to make India a hub for research, product and applications development. It announced plans for investing $1.7 billion over the next four years, and increasing local headcount by 3,000 to 7,000-level.

November 14th, 2005 Samsung Electronics and LG Electronics, Korea's two global electronics makers, have reduced their Indian workforce in India, opting instead to outsource its operations to India. "We work project-by-project, so we move between India and South Korea.

September 14th, 2005 According to NCAER survey Delhi and Mumbai continue to be the major centres of wealth in India, accounting for half of the roughly 20,000 crorepati (owner of 10 million Rs. or more) households in India.