Friday, December 12, 2008

India's first 3G service launched in Delhi

By IANS
Friday, December 12, 2008

New Delhi: Ushering in a new era in the Indian telecom sector, Prime Minister Manmohan Singh Thursday launched the state-run Mahanagar Telephone Nigam's (MTNL) third generation (3G) mobile service 'Jaadu' here.Communications and IT Minister A. Raja, who was also present on the occasion, made a video call, demonstrating the capabilities of 3G services.
Launching the services, the prime minister said: "I congratulate MTNL and the communications minister for launching the 3G service.""Competition has to be the major propeller of the Indian economy and it has to be a sustainable one," he said while demonstrating the mobile TV facility available with 3G services."However, effective objective and impartial regulations have to be an integral part of all these processes for investors to invest further," he added.Added Raja: "BSNL (Bharat Sanchar Nigam) and MTNL have already been allotted 3G and broadband wireless access spectrum with a view to ensuring early rollout of 3G and Wi-max services in the country."While MTNL has rolled out its 3G services only in Delhi Thursday, BSNL will launch its services in Chennai next month.Talking about the revenues generated through licensing fees and sale of spectrum, Raja said: "After migrating to revenue sharing regime, this sector has contributed Rs.500 billion (Rs.50,000 crore) through licence fee, entry fee and spectrum charges till the end of last financial year.""During this financial year alone, it is expected that about Rs.160 billion (Rs.16,000 crore) will be collected from the licence fee and the spectrum charges," he added.The minister also said mobile number portability (MNP) would be implemented in metros and category A circle by the middle of 2009 and the entire country by end of next year.MNP will enable mobile users to retain their telephone numbers when changing from one network to another."This will promote competition among service providers," he added.

Cyberpunks bet on job-seekers for cash

Friday, December 12, 2008

Bangalore: The cyber criminals are playing their chances on the scarce-job situation with scores of spams being released under the veil of mails offering job in reputed companies and ways for easy earning. To lure in the job-seekers the mails are sent with subject lines like get rich, position for manager and international sales representatives.
As per the study by global anti-virus company F-Secure, many of the e-mails show promising new openings in multinational companies. Infact, 2008 has been a record year of explosive growth in the amount of malicious software (malware) on the internet. "The detection count tripled in one year, which states that the total amount of malware accumulated over the last 21 years increased by 200 percent in the course of just one year," the report stated. Even McAfee Virtual Criminology Report 2008 pinpointed the same and assumed that in such a state where cyber crime is at the extreme, the speed of global recovery in 2009 will slow down.As reported by Financial Chronicle, Dave DeWalt, CEO and President, McAfee, said "As the attention of the government and law enforcement bodies is diverted by the current economic crisis, the door is left open for cyber criminals to continue to target bank balances worldwide and to potentially damage the consumer trust needed to aid rapid recovery." The grim impact of economic downturn is making a lot of people turn to the web for better options around the globe. So, this has become the best bait for all the spammers and hackers to cash in on.

IIM-A entrance tougher than Stanford, Harvard

By siliconindia news bureau
Wednesday, December 10, 2008

Ahmedabad: Indian Institute of Management, Ahmedabad (IIM-A), country's leading business school has outdone the world's premier business institutions like Stanford and Harvard on the scores required for admission. The minimum Graduate Management Admission Test (GMAT) score required for admission in IIM-A's one- year post-graduate executive management programme (PGPX) for the 2009-10 batch was fixed at 722 out of 800. This score exceeds the score required for admission in institutes like Harvard or Stanford, where the GMAT cut-off is between 710 and 715.
The IIMs use Common Admission Test (CAT) scores for admission in their management programme (PGP), while they accept GMAT scores for the one-year executive management programme. GMAT scores are accepted by all top universities globally for taking in executives for management training, reported The Economic TimesTogether with a good GMAT score, IIM-A also looks for a good academic and career record in candidates interested in joining the course.