TAG | India
1)Total Telephone subscriber base reaches 509 Million
2)Wireless subscription reaches 473.7 Million
3)Wireline subscription declines to 37.8 Million
4)14.98 Million new additions in Wireless
5)Wireline subscription declines by 0.02 Million
6)Overall Tele-density reaches 43.70
7)Broadband subscription is 7.41 million
The number of telephone subscribers in India increased to 509.03 Million at the
end of September-09 from 494.07 Million in August-2009, thereby registering a
growth rate of 3.03%. With this, the overall Tele-density in India reaches
43.50. The set target of 500 million telephones by the end of 2010 has
been achieved by September 2009.
Popularity: 26% [?]
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Popularity: 5% [?]
India seems to be following China’s footsteps with a recent proposal to censor the internet space. This proposal comes on the heels of the recent proposal by government to censor news channels during emergency situations that eventually failed to come into effect. Though, the TV censorship was to be initiated only during emergency, the internet will be screened even under normal circumstances.
A Central government officer will be assigned to monitor the websites and news portals and block those materials considered as a threat to national security. The draft rules were prepared by the department of information technology. The rules are drafted under the recent amendments to the information technology (IT) Act. Though the act was passed by Parliament last December, it will not come into effect until the various rules under it are finalized.
According to this rule, every State or Central government department will be able to decide if a certain material relating to its jurisdiction is against the norms. If there is a complaint raised against a web host, the designated officer will give out a judgment after looking into the issue. Though, these new measures can harm the freedom of press, there is a small amount relief in a proposal to set up a review committee.
Popularity: 4% [?]
23
IBM cutting 5,000 jobs in US, shifting them to India
0 Comments | Posted by Utkarsh in Work
International Business Machines (IBM) Corp. plans to lay off about 5,000 US employees, with many of the jobs being transferred to India, a media report said on Thursday.
The technology giant has been steadily building its work force in India and other locations while reducing the number of workers based in the US, The Wall Street Journal said citing people familiar with the situation.
Foreign workers accounted for 71 per cent of Big Blue’s nearly 400,000 employees at the start of the year, up from about 65 per cent in 2006.
Noting that outsourcing to India has long been a hot-button topic for IT employees in the US, the Journal said as US employers have shed millions of jobs in recent months, workers and politicians have stepped up their criticisms of the practice with little impact.
For IBM, shifting work to lower-cost countries has helped the company win overseas contracts and maintain healthy profits in its services business, which is its largest in terms of revenue and employment. IBM employed 74,000 people in India in 2007, the latest figures available.
IBM’s latest round of cuts show that even companies that have so far navigated the global recession profitably are continuing to slash costs, the financial daily said. In January, IBM reported $4.42 billion in quarterly profit.
Among other companies that are profitable, Microsoft Corp. announced plans for 5,000 layoffs earlier this year and Hewlett-Packard Co. is cutting some 25,000 people in the wake of its acquisition of Electronic Data Systems Corp., a rival of IBM’s services business.
Many of the IBM job eliminations are scheduled to take place in its global application-services group, which writes specialised software for businesses.
Some of these workers received a notice on Wednesday indicating that nearly 2,000 workers in that group were due to be told they would be “participating in IBM’s current resource reduction action”.
An IBM spokesman declined to comment, the paper said. The company has said it expects to spend about $300 million to $400 million on severance-related charges this year, with most of it in the first half.
Click to find Employee reviews for IBM and Layoff details
Sourced from: http://businesstoday.intoday.in
Popularity: 4% [?]
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