Friday, September 17, 2010

Indian scientists contribute more to LHC than American scientists/ Indian firm's low-cost ATM spews money even without power-H Bolem

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SiliconIndia Daily dose

Friday, September 17, 2010
Top news
Wai, a small town in Satara district in Maharashtra now has an ATM that spews money anytime, even during a power cut. The low-cost ATM, Gramateller, was developed by a Chennai-based company Vortex Engineering in association with IIT Madras.
The team of Indian scientists who participated in building the LHC at the European Organization for Nuclear Research (CERN), was much less than the American Scientists contingent, but the contribution of Indians has been proportionately much larger.
Business
To continue to its fight against inflation, the Reserve Bank of India has increased the interest rates. Rate hikes since October 2009, have put the economy in a comfort zone as regards growth, according to most of the bigwigs of the corporate world.
General Electric plans to set up a new manufacturing plant at a potential investment of up to $50 million in India, where it also intends to hire 3,000 people for its technology centre.
Singapore hiring IT professionals at SiliconIndia Jobfair on 25 Sep , Delhi - Register Now
Technology
The telecom network in India has reached a landmark by becoming the second largest network in the world. The total subscriber base in India is over 670 million as of July 2010. This took the overall teledensity in the country to 58 percent.
Apple is ready to launch a subscription service for newspapers on its Pad tablet computer. The launch was expected "soon" but was being delayed by a tussle between Apple and publishers over who should control subscriber data.
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Finance
For the first time, RBI is conducting a mid-quarter review of the monetary policy and everyone, right from the bankers to the market are expecting the central bank to raise the main policy rates by 25 basis points.
The government has recently announced one percent point increase in the interest rate on PF savings for the year 2010-11 and they are also trying to make the scheme, subscriber friendly by initiating some reform measures.
Training & Courses
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Featured institutions
ISME is one of the top business schools in India located at Bangalore and Navi Mumbai. ISME offers full time Post Graduate Program in Management - PGPM
IBS Icfai Business School Hyderabad offers high-quality programs in different areas of management to a wide cross-section of students, executives and professionals across India.
Magazine
It may sound contradictory but it's true! The man who hates reading his mails on the move in smartphones and likes to keep his cell phone off at nights, is the same man who pioneered ringback tones in India and today he successfully heads the 400 crore telecom business of OnMobile.
One of the biggest venture capital associations in the U.S., National Venture Capital Association (NVCA) was searching ways to get more viewership for their research reports.
Featured questions
Look manger dont no any thing regarding Technical and they dont believe on people.....
Humor of the day
An Arab student sends an e-mail to his dad, saying: Dear Dad, Berlin is wonderful, people are nice and I really like it here
My mother had decided to trim the household budget wherever possible, so instead of having a dress dry-cleaned she washed it by hand
SMART TECHNOLOGY | SMART BUSINESS | SMART DEALS
Startup city
Stay Ahead of Change
S Janakiraman, R&D Head, MindTree
It was November 2001 and just two months after 9/11. The leadership team of R&D Services, a business unit of MindTree Consulting had gathered for the Annual Strategy Meet.
Today, text messages are not only the simplest way to connect with our friends, they have also evolved into a major tool for enterprises to reach out to their customers and prospects.
CXO Insights
No CODE that is More Flexible than "NO Code"
Ajith J Pillai, President & CEO, Nous Infosystems
Higher wage cost, euro zone worries, currency fluctuations and fears of a double dip are posing more challenges to the already beleaguered IT companies to drive value to its customers as their margins are eroding.
Transformation techniques
Ravi Jagannathan, Managing Director & CEO, 3i Infotech Consumer Services
Post my various positions over 2 decades, across the globe and across diverse business lines, in early 2008, I was given the responsibility of creating and growing a B2C business for our group.
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Blogs: Editor's choice
The dithering action of the Central govt. on the Enemy Property (Amendment and Validation) Bill recently.........
When an Indian Christian tortured by Muslim activists is being mercilessly dismissed from the.........
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