Sony Computer Entertainment Europe (SCEE) Tuesday said the high tax structure in India is keeping away many potential customers from its flagship product PlayStation.“The PlayStation 3, which is available at around $330 per unit in global market is priced around $380-390 per unit in…

Employee productivity is the lowest at the State Bank of India (SBI), the largest lender in India, according to statistics laid out in a Reserve Bank of India (RBI) analysis on domestic and foreign banks.The business brought in by each employee of SBI and…

Shivani Anand, 28, was mystified when she didn’t receive transaction alerts after swiping her credit card in a shopping spree.A concerned Shivani called up her bank’s (ICICI) helpline, only to find out she would not be getting any updates or alerts from the bank…

A benchmark index for Indian equities Wednesday built on its two-day rally, rising more than 125 points in opening trade.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,343.74 points, was at 19,472.12 points, 125.16 points or 0.65 percent…

A benchmark index for Indian equities was ruling moderately higher from its previous close, but trading was choppy during the first 30 minutes since opening bell.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,238.03 points, was at 18,260.04…

Congress general secretary Rahul Gandhi Thursday launched 3G-services in his parliamentary constituency, noting that telecommunication services play an important role in development as they can bridge the rich-poor and the rural-urban divide, party officials said.Gandhi was accompanied by telecom expert Sam Pitroda.“Rahulji, who…

Making certain amendments to the licence terms, the government Wednesday allocated airwaves to private telecom operators like Bharti Airtel, Reliance Communications, Vodafone and Idea Cellular to roll out the third generation (3G) mobile and broadband services in the country.The operators have been allocated 3G…

India will not compromise on its security and all telecommunication data-related companies will have to comply with its demands, Home Minister P. Chidambaram said Wednesday.Presenting his ministry’s monthly report on security, Chidambaram said all companies who have come under the scanner of security agencies,…

Air India has been ranked the “most trusted brand” in aviation for the fifth consecutive year by the Economic Times Brand Equity Survey 2010, the national carrier said Wednesday.“Air India has also been ranked 28th among the top 50 service brands, ahead of leading…

US President Barack Obama says with the US economy growing, but not fast enough, he would “keep on pushing” to keep America’s fragile recovery from global downturn on track.“The economy is still growing, but it’s not growing as fast as it needs to. I’ve…