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Are Generic portals loosing their grounds ? Rediff post losses again in 2010 !

Recently we heard that Rediff posted a net loss of $7.97 million for the year ended March 2010, as compared to a net loss of $11.26 million in the previous fiscal year. Revenues declined from $25.43 million recorded for the March 2009 ended year to $18.84 million in the 2009-10 fiscal year. During the March 2010-ended year, Rediff earned an interest income of $4.01 million.

Indians are poor and sleep on Footpaths !

A shocking report, revealed by the Beijing-based Horizon Research Consultancy firm, released at the second India-China Forum meeting in Beijing on Saturday. Survey conducted among Indians and Chinese. Outcome is quite unlike. Most Indians regard China as a friend and partner but China considers Pakistan a better one and place India next to US and Japan in a list of nations which they fear threaten their country the most, says the report. In sharp contrast, the Chinese believed Indians were not as diligent as they are. They believed most Indians are poor and many of them sleep on footpaths. The Chinese, however, considered rich Indians to be wealthier than their affluent people.

UK's National Grid shortlists Infosys, Mahindra Satyam, Cognizant for $250-mn deal

ET reported that UK’s National Grid, which manages the country’s natural gas and electricity networks, has shortlisted Infosys, Mahindra Satyam and Cognizant for an outsourcing contract, potentially worth up to $250 million.

Is Social Media a Fad?

Online Social Networking has had a significant impact on the lives of people by and large. It has transformed the way we connect and has propelled baby faced geeks like Mark Zuckerberg to the billionaires club. As we get used to this paradigm shifting movement, it is time to ask the following profound question :

Fake & Stolen Facebook Accounts are on Sale !!!

Researchers from iDefense Labs, a division of VeriSign, has tracked an effort to sell login data for 1.5 million Facebook accounts on several online criminal marketplaces, including Carder.su

AOL sells instant messaging company ICQ for $187.5 million !

AOL has sold the instant messaging company ICQ to Russian investment company DST (Digital Sky Technologies) for $187.5 million. AOL had acquired the Israeli startup in June 1998 for $407 million.

Four Unhealthy Behaviors Linked to Premature Death

MONDAY, April 26 (HealthDay News) -- A combination of four unhealthy behaviors -- smoking, lack of exercise, poor diet and substantial alcohol consumption -- greatly increases the risk of premature death, a new study has found. The study, published...

Bhagiratha: Who brought River Ganga to Earth

Bhageeratha was the king of Kosala, a kingdom in ancient India. He was a descendent of the great king Sagara of the Suryavamsa, or Sun Dynasty. He was one of the forefathers of Lord Rama, of the Ramayana, the epic in...

10 Things Which Make Online Businesses Difficult in India!

Pushkar Gaikwad, founder, 6to10 Media This is a quick ‘10 Pointer list’ (could have more points easily) based on what I am seeing and have seen on the Indian web space and what problems online businesses face or common mistakes...

About Me

An avid industry analyst passionate about Mobile, Technology and Entrepreneurship. A internholic user can be found by "amit6060" on social networks.
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AI & Healthcare Drive India’s DeepTech Innovation: 922 Patents Filed Since 2008

India, with its burgeoning startup ecosystem and relentless technological advancements, is witnessing an unprecedented surge in patent filings. According...
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