News Roundup:DoT, Defence Ministry Bury the Hatchet, Software Exports Decline 96%..and more
DoT, Defence Ministry bury the hatchet on spectrum vacation
The Department of Telecom and the Ministry of Defence have finally signed the memorandum of understanding for vacating spectrum after both sides softened their stance on the various demands put up by the armed forces.
Delhi HC dismisses Nokia Siemens’ appeal
The Delhi High Court today dismissed a petition filed by Nokia Siemens Networks (NSN) seeking a stay in the tendering process of state-run telecom firm BSNL.
Software exports declines 96 per cent
India’s software exports suffered a severe setback in March declining by 96.6 per cent to one million dollar from the year-ago period due to recession in world’s major economies
Russia earmarks over $670 m for 20% stake in Sistema Shyam
The Russian Federation has allocated over $670 million in this year’s budget to pick up around 20 per cent stake in Sistema Shyam Teleservices Ltd,
More :
- Kerala Tourism’s Web initiative
- BSNL seeks to fortify 3G service with new campaign
- Tata Tech eyes $1 bn revenue
More India Business news
-
Related posts:
- News Roundup: Reliance : mGovernance, 3G Auction Update, Sistema [and more]
- News Roundup: Broadband Price War, UTV’s Bindaas Buddies, Web Spiders: Netwings Info..and more
- News Roundup – IMI Mobile Acquires Mobyko, 3G Auction to fetch Rs 35,000 cr..and more
- 3G – Finance Ministry asks DoT to double the reserve price..More Delay?
- 3G auction – Finance Ministry vs. DoT
About the author - Ashish Sinha is a Startup Mentor/Product Strategy Coach, and the founder/chief editor of pluGGd.in.
He has launched/managed couple of products (consumer as well as enterprise) in US and India, and now consults with startups/small businesses on their product/media strategy. He can be reached at: ashish (at) pluGGd.in [+91 98452 06443]
I fail to understand how Indian Software Exports can go down to $1m. I am sure the salaries of Software professionals in a single locality in Bangalore would exceed that amount. And I can very well imagine, small Indian web shops earning more than $1m just through Elance and RentACoder!
What’s the catch?