-The Business Standard Deconstructing the numbers shows companies have bid smartly to get the best deals The recently concluded sale of 1,800-MHz spectrum through auction to telecom service operators, or telcos, has been declared a damp squib for two reasons: One, only five telcos participated in the auction; and two, the bids added up to Rs 9,407 crore, which was less than a third of the Rs 30,000 crore the government had...
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Slum dwellers contribute 3-3.5% of Bangalore's economy-Mahesh Kulkarni
-The Business Standard A study has found that the poor households earned a total of Rs 1,545 cr, spent a total of Rs 1,185 cr, and contributed a savings of Rs 360 cr to the city in 2011 Urban poor living in slums of Bangalore contribute 3-3.5 per cent of the City’s economy. About 9-11 per cent of the city’s population that lives in slums contribute between Rs 1,643 crore to Rs...
More »Over two billion people now connected to Internet but digital divide remains wide–UN
-The United Nations While citing the rapid development and growth of the Internet, a top United Nations official today urged greater efforts to bridge the ongoing digital divide and ensure that everyone around the world can harness its benefits. There were 2.3 billion Internet users worldwide at the end of 2011, the UN Under-Secretary-General for Economic and Social Affairs, Wu Hongbo, said in his address to the Internet Governance Forum (IGF), which...
More »Big business ammunition fires Kejriwal's guerilla war: Narayana Murthy tops list of India Inc. donors for activist's trust-Saurabh Shukla
-Mail Today THE edifice of Arvind Kejriwal’s guerilla war on politicians and big business has been bankrolled by corporate big wigs who donated to his Public Cause Research Foundation. India Against Corruption, which has unfurled the banner of revolt against all- pervasive corruption, actually draws its lineage from Public Cause Research Foundation. And if you were wondering where the movement got sustenance from, strangely it came from a combination of businessmen and bankers. They...
More »The piecemeal city
-The Business Standard The consequences of unplanned growth in Haryana real estate One of the positive consequences of the recent focus on the dealings between companies owned by Robert Vadra and the real estate giant DLF is that the unregulated nature of the Haryana land market has become a topic of discussion. Mr Vadra’s companies’ purchases of additional land and apartments were funded from the windfall gains that accrued after a 3.5...
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