Airfares rise! Jet, Kingfisher hike fuel surcharge
Domestic private air-carriers, Jet Airways and Kingfisher Airlines, on Friday raised their fuel surcharges by up to Rs 200 on domestic flights. The hike comes into force with immediate effect, both said. MIT grad Mistry to make digital 'SixthSense' open source
If Pranav Mistry has his way, people around the world can build their own wearable 'SixthSense' -- which uses a camera that understands human gestures -- at a cost of less than Rs 15,000 ($300) by obtaining the software he developed for free in the next few months. X-ray machine voted top scientific invention
Out of nearly 50,000 votes cast, one in five people named it for having made the greatest impact on the past, present and future. Citi to relaunch hedge fund operations
Attributing to people close to the matter, the newspaper said the company wanted to change the name of the unit from Citi Alternative Investments to Citi Capital Advisors. India needs to build 500 new cities: Prof Prahlad
"India needs to build a minimum of 500 new cities urgently. However, it has to be done from scratch to accommodate people who are on the move and to provide them better quality life," he said. 4 Indians charged in Wall St hedge fund scam
The FBI has charged 14 people, out of which five have already pleaded guilty, in a case related to the $20 million hedge fund insider-trading scam, the largest ever such case in the US. Nokia has designs on India
The handset maker's senior design specialist is touring the country to discover how Indians use cellphones. BCCI opens bidding for 10-yr IPL theatre rights
Sources say PVR Cinemas, BIG Cinemas, UTV and UFO are in the race. Theatrical rights will include rights to screen the matches live in cinema halls, along with rights to telecast the matches in bars, restaurants, buses, hospitals, trains and a host of other public places. Jaipur oil mishap: IOC chairman must be fired
The current IOC chief should be fired because this fire occurred during his tenure. He should have ensured that safety audits are done seriously. If he is fired, his successor will take safety more seriously, says Sudhir Bisht. 'India to be global manufacturing hub by 2015'
"Our objectives are to create a significant growth generating employment and make India a global manufacturing hub by 2015. We aim to build a competitive Indian manufacturing industry and promote recognition of the Made in India Brand." Govt defends new inflation indexes
With wholesale price inflation not reflecting true picture of food prices, the government on Friday justified the introduction of separate index numbers for primary products and manufacturing items, saying the new mechanism give better reflection of price movements. New green norm may cause 3,000 scrap units closure
In July, the Union ministry of environment and forests tightened scrap trade norms and restricted import through only processing units. Through this, the government barred over 5,000 scrap dealers from import. Maytas Infra bags Rs 790 cr road project
Maytas Infra Ltd (MIL) has announced that it has bagged the Rs 790-crore Pune-Solapur road contract from IL&FS Transportation Networks Ltd. The project is to be completed in 20 months. Majority of Indians use Twitter for news
While 11 per cent use it to stay in touch with their friends, 10 per cent use the website for research purpose, according to the survey. Intel in talks with ITI for WiMAX JV
The world's largest chip maker Intel is preparing to participate in bids recently invited by ailing state-run telecom equipment manufacturer Indian Telecom Industries to set up joint ventures based on various technologies including Worldwide Interoperability for Microwave Access (WiMAX), according to sources close to this development. India among top 50 in global competitiveness
The review also stated that bureaucracy, over-regulation and corruption still affect functioning markets and labour markets in particular. What makes real estate investments unique?
Real estate has a combination of characteristics that are not available through other asset classes, thus making it somewhat unique as an asset class. Sudha Murthy sells 2 mn Infy shares
Sudha Murthy, wife of Infosys chairman and chief mentor N R Narayana Murthy, who was instrumental in seeding Infosys Technologies almost three decades ago by providing her husband the initial capital, has done it again. Trai mulls fixing SMS termination charges
In the next few months new operators offering a large number of free short messaging service deals to attract mobile subscribers might soon find it difficult to do so. Telecom operators that have contracted bulk deals with companies to send unsolicited messages to operators in other networks might also find it more expensive. He started a company while in college
Naabo Solutions offers a cost effective solution for the healthcare industry.