MoneyMint.in - India Business Blog

Uninor’s 60% discount offer toughens tariff war

Poonam Singhal — Sat, 31 Jul 2010 04:50:48 +0000

Uninor has announced a new discount offer on its one-paisa-per-second plan that will offer discounts as high as 60%. This offer is available on both local and STD calls, within Uninor network and outside too. The amount of discount is different in different locations at different times. With maximum discount, a one minute call can cost [...] Related posts:Uninor expands its ‘24X7 Badalta Discount Plan’ – Dynamic Pricing makes mobile calls more cheaper Uninor launches discounted dynamic call rate plan MyDala.com offer – 81% discount on Baskin Robbins ice creams!

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Paypal India woes continue – suspends money withdrawal to bank account

Manoj Govindassamy — Thu, 29 Jul 2010 22:54:03 +0000

From July 29, 2010 onwards, you will only be able to request for a cheque withdrawal of funds from your PayPal account. ... In order to help you with this change and until further notice, we will refund the $5 USD cheque withdrawal fee to you for cheque withdrawals made on July 29, 2010 onwards...resumed, only partly and Paypal was ordered to implement ways to track money remittances. Following which Paypal madanted PAN numbers for Indian accounts. Glitches in PAN number verifications... Related posts:RBI to Paypal India – Do or Die by April 30 – Why is RBI so strict ? Paypal resumes Bank withdrawal service in India – only for settlement of exports goods though! Paypal India PAN number verification doesn’t work – screws up Indian customers more

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Deposit rates hiked. Home and auto loans to follow.

Poonam Singhal — Thu, 29 Jul 2010 03:44:33 +0000

On Tuesday, RBI hiked the repo rate by 0.25% and the reverse repo rate by 0.5%. This indicates the onset on high interest regime in the days to come. It indicates that the interest rates on deposits, home loans, auto loans and other loans will go up in the near future. A day after this was [...] Related posts:Hike in auto loan rates. No more teaser home loans. Home loans set to increase? Hike in deposit rates by ICICI, HDFC. Will lending rate hike follow? RBI hikes key rates. Will the home & car loans raise?

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IT Companies are now strict with their notice period

Natraj Muthukrishnan — Tue, 27 Jul 2010 23:17:12 +0000

In an industry which is facing one of the worst attrition ever, companies have started thinking of ways to prevent the attrition from affecting the business. Of late, companies have started asking employees to serve their full notice period before leaving the company. Notice period for employees generally refers to the amount of time specified in [...] Related posts:Infosys giving out shares to all its employees – Infy 30 yrs B’day gift Hikes and Promotions all around: Cognizant promotes Attrition at peak in Indian IT industry at PM level – Infosys ‘Green Channel’, HP ‘HomeComing’

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Rediff jumps into social gaming – PlayGully – gets ready to annoy users with game updates

Manoj Govindassamy — Tue, 27 Jul 2010 23:16:26 +0000

Rediff.com has launched PlayGully, a casual games offering for its users, which has been integrated with social MyPage profiles feature. Just like facebook games, . ... Off late, Rediff has been trying to expand its online presence, with social networking features like iShare , Connexions , etc., and the latest one its venturing into is social gaming.Rediff's PalyGully games might be socially engaging, but I am sure these useless game updates on the Rediff MyPage would annoy friends on the network and ... Related posts:Zapak games now in Facebook – From online casual gaming to social gaming! Outlook 2010: Mailbox plus social networking Facebook Games App developer Zynga opens office in Bangalore, India – Indian FarmVille soon ?

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Make my trip to get listed in NASDAQ, $100 million IPO

Natraj Muthukrishnan — Tue, 27 Jul 2010 22:57:26 +0000

After being chosen as one of the top 10 companies to work for in India, India’s largest travel company is all set to be listed in NASDAQ. The firm plans to raise up to $100 million (about Rs 465 crore) through an initial public offering in the US. The number of shares to be offered and [...] Related posts:Yatra.com expands its retail travel lounges – Yatra Holiday Lounge, Hyderabad Online Travel Agency ‘Via’ gets $10M funding from Sequoia – OTA space picks up steam again Redbus.in – Online bus tickets booking, reservation – Features and Review

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China-made sarees replacing the authentic handwoven Banarasi silk

Poonam Singhal — Tue, 27 Jul 2010 02:24:21 +0000

While China has spread its arms world-over with China-made toys, mobiles, crockery, chocolates, other electronics and anything else that you name, it is also entering into India’s silk market. Cheap Chinese fabric are entering into India illegally, and are killing the business here, making the local weavers go out of business. Most of the Chinese silk [...] Related posts:RmKV – Order Traditional Indian Silk Sarees Online – Diwali Special! Google to pull out of China: China unperturbed Google redirecting its China users to HK site

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Game with HCL ME

Poonam Singhal — Mon, 26 Jul 2010 06:10:06 +0000

HCL Infosystems has come-up with its own series of gaming devices to venture into the gaming market. These devices are targeted at niche players and are for entry-level young users in the age group of 4- 15 years. Hence they are made affordable for these target audience. They will be available at as low as Rs [...] Related posts:Rediff jumps into social gaming – PlayGully – gets ready to annoy users with game updates Zapak games now in Facebook – From online casual gaming to social gaming! ZapakShop.com – Games, accessories, gadgets and more – online shopping

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UK Govt. budget cut spoils the IT party

Natraj Muthukrishnan — Fri, 23 Jul 2010 22:11:42 +0000

There have been talks about UK govt. cutting on the budget and ever since IT cos which have projects from UK have been troubled. At least 35 big UK government IT outsourcing contracts are potentially at risk of renegotiation, including the Tata Constancy Services’ £600 million pension administration contract, as a result of the cuts [...] Related posts:Indian Union Budget 2010-2011 – Getting released on 26th Feb – Download Live webcast & Budget documents Unique Identity (UID) Project and Census 2011 – just at the right time in India TCS, Cisco, Google, Yahoo et al. fighting for Unique Identity (UID) Project

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Campus recruitment 2010-2011 begins: Accenture violates Nasscom rule

Natraj Muthukrishnan — Fri, 23 Jul 2010 22:07:32 +0000

IT firms TCS, Infosys and Wipro are accusing have accused Accenture of violating campus recruitment norms. They accuse that Accenture has begun campus recruitment a full one semester year ahead and violated the Nasscom norms. Even a couple of years back, IT companies used to hire engineering graduates a year before they passed out. However, Nasscom [...] Related posts:Campus Placements Aaj Kal – Chennai Engineering Colleges defying Nasscom rules Infosys begins campus placements! IT jobs come knocking the door in colleges

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