National News

Airtel, Axis Bank team up to offer mobile banking services

HARYANA: Telecom company Bharti Airtel said its subsidiary, Airtel mCommerce Services, and Axis Bank have partnered to offer banking and payment services, especially to India's unbanked population.
"No-frills savings account of Axis Bank will be opened for customers on the Airtel Money platform called Airtel Money Super Account powered by Axis Bank, offering customers banking transactions, including cash deposit, money transfer and withdrawal," the company said in a statement.

ClickAppStore Launched by ClickSoftware

GURGAON : ClickSoftware on Friday announced the launch of ClickAppStore which offers a variety of business apps and a visual development studio, ClickAppStore integrates discrete apps into composite apps, sharing context and running streamlined workflows. It has built-in integration with organizational back-office systems and business-grade mobility infrastructure.
ClickAppStore has the following features:
* Mobile Worker Starter Package that offers a subset of integrated apps that cover the basic needs of all mobile workers

Intel plans to get 'inside' cars in India

HYDERABAD: Intel Corporation is in talks with Indian car makers to introduce a new 'in-vehicle infotainment' (IVI) system in passenger cars.
B Suryanarayanan, Director, Sales (South), Intel South Asia, said the dual display system of the IVI will have two screens on the dashboard; for driver and the passengers.
"I cannot tell when the system will be available in India. We are talking to various automobile companies," Suryanarayanan told reporters here.

Kudankulam nuclear plant a step closer to going on stream

CHENNAI: The first unit of the protest-hit nuclear power project at Kudankulam is about to be commissioned. Officials have initiated the process to remove its dummy fuel. 

The Kudankulam Nuclear Power Project (KNPP) moved closer to going on stream as officials began the process to open the reactor's pressure vessel, its inspection and removal of dummy fuel. 

Karnataka to handover land to Infosys, Wipro by month-end

BANGALORE: Karnataka Industries Minister Murugesh Nirani said the government by month-end would hand over land to Infosysand Wipro to set up their development centres in the city. 

"By month-end, we will clear all hurdles in handing over the land to the concerned IT companies," he told reporters on the sidelines of Southern Regional Council Meeting of Confederation of Indian Industry here. 

During the last Global Investors Meet (GIM), Infosys and Wipro had signed MoUs with the government to set up development centres in the state. 

Indian IT Industry Facing a Crisis

CHENNAI: A lot has been said about the Indian IT industry facing a crisis this year, but analysts pointed out that the industry is still growing, though not at the pace seen earlier. Industry body Nasscom has given a revenue guidance of 11-14% for the year, and companies like TCS, HCL and Cognizant have forecast an outlook of 15-20%.