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US investigates India’s Infosys over visas

By AP News Mon, Apr 23, 2012 7:33PM UTC View Comments

MUMBAI, India (AP) — Infosys says the U.S. Department of Homeland Security is investigating it for making “errors” in applications for U.S. visas. The disclosure to the U.S. Securities and Exchange Commission last week sent Infosys shares down 4 percent Monday in Mumbai. Infosys says the Department of Homeland Security found errors in a “significant...

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India’s Flipkart buys Letsbuy.com: A sign of things to come

By Sriram Vadlamani Thu, Feb 09, 2012 11:24AM UTC View Comments

Flipkart, the poster child of Indian eCommerce, has acquired LetsBuy for $25m. This is a sign of things to come for eCommerce in India as lot of start-ups are looking for a payday. If 2011 was the year of starting up eCommercing sites selling anything from pots to shoes, 2012 would be an year of...

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Amazon launches Junglee.com in India

By Asian Correspondent Fri, Feb 03, 2012 11:49AM UTC View Comments

Amazon has expanded into the Indian market with its launch of Junglee. Offering more than 12 million products — both locally produced and internationally sourced — the service is aimed toward boosting Amazon’s presence in the international markets, particularly in India. Junglee‘s 12 million products will be sourced from 14,000 India-based and international brands, Amazon...

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Top Indian court cancels 122 cellphone licenses

By AP News Thu, Feb 02, 2012 5:30PM UTC View Comments

NEW DELHI (AP) — India’s top court ordered the government on Thursday to cancel 122 cellphone licenses granted to companies during an irregular sale of spectrum that has been branded one of the largest scandals in India’s history. The verdict will likely disrupt the country’s massive cellphone market and is a further embarrassment for the...

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Aakash tablet: Overhyped, overbooked and delayed

By Sriram Vadlamani Wed, Jan 04, 2012 11:36AM UTC View Comments

Indian students pose with the supercheap 'Aakash' Tablet computers which they received during its launch in New Delhi, India in October. Pic: AP.

Remember the world’s cheapest tablet to be coming out of some factory in India? Yes, the Aakash tablet. We have got some news about it. It is making waves if we go by the mainstream media. There was news that quite a few governments have been making frantic calls to Kapil Sibal on how can...

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