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Telecom N.Z. May Follow India’s Reliance in Move to GSM Network
Telecom Corp., the worst-performing stock on New Zealands benchmark index this year, may have to spend NZ$400 million ($264 million) to switch mobile phone technology because of dwindling global support for its system.
The former government monopoly uses CDMA, or code-division multiple access technology, a system that has seen its global market share drop to 18 percent, from 21 percent in 2004. GSM technology, used by rival Vodafone Group Plc, has 82 percent, attracting more investment from handphone makers.
The risks are moving a little bit against us, said Telecom Chief Financial Officer Marko Bogoievski. The company isnt yet at a stage where it would choose to dump its existing technology, he said in an interview.
More : bloomberg.com
European car rental co to drive into India
Jet-set travellers in the big Indian cities will now finally get to rent cars equipped with mini-refrigerators and laptops. Courtesy Europes car rental company Europcar which is starting the service here in association with Indias Jetfleet a Jet Airways-promoted company.
The first fleet of cars will be introduced in Delhi on October 3, followed by Bangalore in November and Mumbai in December.
We will then expand to Kolkata, Hyderabad, Chennai, Agra, Jaipur and Pune next year, the companys country manager Gautam Nath told Mumbai Mirror.
More : mumbaimirror.com
Shock of Air India took years to heal: families
It took 20 years – and a narrow escape from yet another potential tragedy – for Jayashree Thampi to come to terms with the Air India bombing.
Thampi, who lost her husband Lakshmanan and seven-year-old daughter Preethi in the 1985 terrorist attack, recounted Tuesday how the enormity of it all overwhelmed her at the time.
I closed my mind to the crash, I concentrated on my work at the Bank of Montreal, she told a public inquiry. I pretended it did not happen to me. In all those years I never cried for my daughter.
More : ctv.ca
India demand dropping of Hair
India have asked the International Cricket Council to drop Darrell Hair from the list of umpires to officiate at next months Champions Trophy.
Hair controversially abandoned a Test match between England and Pakistan earlier this summer after penalising the sub-continent side for ball-tampering.
In the furore that followed the ICC made public a letter from the Australian offering his resignation inexchange for $500,000.
More : sport.monstersandcritics.com
Panesar hopes Aussie mob to treat him India-style
Britains first Sikh international cricketer was accorded a warm welcome in India, the land of his origin, and spin sensation Monty Panesar is hoping that the otherwise hostile Aussie crowd would extend the same treatment for him when he tours Down Under for this years Ashes.
Undaunted by the prospect of being targetted by the vociferous Aussie crowd, Monty said he gets motivated by the spectators and doesnt have problem with passionate crowd.
In general, I look to take energy from crowds that are passionate about cricket. When youre in front of huge crowds, its obviously a big motivation. I hope that most people in Australian cricket support the game in the right way. No one wants to see things that arent right in the sport.
More : hindu.com
South African captain fit for India
South African cricket captain Smith could be back on the field within two weeks.
Smith, who has been out of action with an ankle injury for a couple of months, may turn out in the SA teams first warm-up match in India before the start of the ICC Champions Trophy tournament.
Two warm-up matches, in Mumbai on October 11 and 13, have been finalised.
Mickey Arthur, coach of the national team, said on Monday there was a good chance of the Proteas also playing in Delhi on October 7. Smith may then make his comeback.
More : news24.com
India needs 7 SBIs to compete globally
Faced with intensifying competition, the domestic banking sector endorses the need for creating six or seven banks of the size of the State Bank of India (SBI) to compete globally and laments lack of sufficient autonomy to offer attractive incentive packages to its employees to ensure commitment and increase productivity.
The industry chamber FICCI suggested of diversification of markets beyond big cities, reduction in transaction cost, increase labour flexibilities and improved human resource management to achieve growth in this sector.
As per the survey Indian banking system: the current state and the road ahead as high as 92 per cent of public sector banks respondents lamented the lack of sufficient autonomy to offer attractive incentive packages to their employees to retain them and raise their productivity.
More : mumbaimirror.com
India cancels truce with Assam rebels
Indias federal government on Sunday called off a six-week truce with separatist rebels in Assam and ordered the resumption of military operations in the northeastern state, the states top official said.
The decision to end the Aug. 13 cease-fire follows an escalation in violence and extortion threats by rebels belonging to the United Liberation Front of Asom, or ULFA, Assam Chief Secretary S. Kabilan told The Associated Press.
We have been instructed to resume military operations in view of the ULFA resuming its violence and extortion drives, Kabilan said.
More : mercurynews.com
Package on Air India flight: probe expanded
The discovery of a suspicious package of tools on board an Air India flight leaving Toronto earlier this week is now the focus of an international investigation, Canadian police have said.
Peel Regional Police detective Malcolm Bow said officers were pulled off other cases to help with the investigation, which now involves police outside Canada.
Mr. Bow, who heads Pearson International Airports Criminal Investigations Bureau, however, refused to discuss the scope of the investigation.
More : hindu.com
Dell to ship chip-based products to India soon
Dell Inc., the $57 billion leading IT products major, would begin shipping its servers and desktops with Advanced Micro Devices (AMD) processors to India from the fourth quarter of this year, a top company official said here Friday.
Though Intel processors are important to us, we give what our customers want. Of late, there has been a growing demand for our products with AMD processors. We have already started selling them in the US.
As part of our global marketing strategy, we will start shipping our servers and desktops with AMD processors to the subcontinent from Q4 of this year, Dell India vice-president Rajan Anandan told reporters here.
More : news.monstersandcritics.com
IBM to establish new software development center in India
IBM Corp. (NYSE:IBM) announced Thursday it will establish a new software development centre in the eastern Indian city of Calcutta, creating 3,000 jobs.
The centre is expected to deliver Web-based technologies and business consulting, the company said in a statement. It didnt say when the centre would be fully operational or how much IBM plans to invest in it.
IBM Corp. has been aggressively expanding its Indian workforce, growing from 38,500 workers in December 2005 to 43,000 in June this year, the statement said.
More : canada.com
Arrested in India – Noa Haviv didnt check her bag
The Israeli Consul to Mumbai (Bombay), India, Daniel Sivan, told Ynet, Noa feels well, is aware of what is going on, and is overall fine relative to the situation that has been created. Thursday evening, Sivan met Noa Haviv, 28 from Jerusalem, who was arrested Thursday morning when a full magazine of 16 bullets was found in her bag.
Haviv traveled to India with her brothers backpack, but apparently didnt thoroughly check it and so didnt notice the magazine left in the bag from her brothers last reserve duty. She was very surprised when the magazine showed up in a check performed on her bag in Mumbai, said Sivan.
Following Havivs arrest this morning, Foreign Ministry representatives have been in contact with local authorities in an effort to release her as quickly as possible. The young woman was in detention with the local police.
More : ynetnews.com
Air India package contained tools: Police
A suspicious package that forced an Air Indiahttp://indiatouring.com/
jet to return to Toronto late Monday was not an explosive device but a “uniquely packaged set of tools, police say.
Flight 188 was about one hour into its flight, which was to include a scheduled stop in Birmingham, England, when a suspicious package was found in one of the washrooms.
Somewhere over Montreal, a passenger was in one of the bathrooms and noticed what he believed to be a suspicious package, said Sgt. Peter Brandwood of Peel Regional Police.
More :
Agarkar has a lot to offer to India
Brett Lee walks in and asks in a very matter of fact manner: Are you expecting someone? It helps break the ice immediately.
He carries no fast-bowler snarl with him. Rather its that smiling face you see, back home in India on advertisement hoardings of a watch company he endorses, which greets the media gathering.
With Australia coming into the tri-series with an 18-member squad and a pre-planned rotation policy, Brett Lee has played in only one of the three games.
More : dnaindia.com
Sarvodaya activist hails India,Pakistan peace initiative
The willingness shown by India and Pakistan at the Havana U.N. Convention to arrive at a joint mechanism to counter terror augurs well for peace in the region, said Nirmala Deshpande, Rajya Sabha MP and member of the Association for Peace of Asia.
Speaking to the press here on Wednesday, the veteran Sarvodaya activist hoped this would mean reopening the peace process that had stalled following the Mumbai blasts.
You can change history books, but not geography, she said. We have to live together, so let us live as friends. There is no other choice.
More : hindu.com
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