Page-22 of 2012

“Passport Seva” Project: winner of CSI-Nihilent e-Governance Award

Passport Seva Project of Ministry of External Affairs  won CSI-Nihilent e-Governance award for Excellence. CSI-Nihilent e-Governance award for Excellence Instituted in 2002 by the Computer Society of India (CSI), which is the largest association of IT professionals, in collaboration with ..

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PVR to buy 69% stake in Cinemax

PVR would acquire 69.3% stake in Cinemax India for an amount of Rs 395 crore in order to expand its business in India. Cinemax is owned by Kanakia Group. The acquisition would make PVR the largest multiplex chain in India. ..

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Egyptian parliament passes draft constitution

Parliament of Egypt passed the draft of country’s constitution amid protest. The document with more than 230 articles was voted article by article. The draft is being criticized for its vague language on human rights, minority rights and freedom of ..

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Infosys to shift its ADS from Nasdaq to NYSE Euronext

Indian IT major Infosys will shift its American Depositary Shares (ADS) from the NASDAQ to NYSE Euronext. The step is being taken to provide European investors better access to its stock. What is ADS? It refers to US dollar denominated ..

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Former PM I.K. Gujral passed away

Indra Kumar Gujral, former Pime Minister of India, passed away. He was 92. I.K.Gujral (December 4,1919 – November 30, 2012) Born in Punjab, in British India. Participated in India’s struggle for freedom. Left the Indian National Congress party in the ..

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“Aapka Paisa, Aapke Haath”

Slogan for the Direct Cash Transfer scheme from Govt: Aapka Paisa, Aapke Haath (your money in your hands) Direct Cash Transfer to beneficiaries of various welfare schemes by Govt. Objective: To remove the middlemen from the system To check leakages ..

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BSE Carbonex- India’s first carbon-based thematic index launched

The Bombay Stock Exchange (BSE) launched, country’s first carbon based thematic index, BSE Carbonex, which will provide a strategic perspective of organizational commitment to climate change mitigation. What is the aim of BSE Carbonex? This index is introduced with an ..

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Union Govt issues new guidelines to stop the misuse of Info Technology Act

The Union government of India issued new guidelines to stop misuse of Section 66A of the Information Technology Act. What are the new guidelines? As per the new guidelines, the cases dealing with spreading messages of reported hatred by electronic ..

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Facebook arrests unwarranted, but Section 66A not ultra vires: Vahanvati

The apex court sought response from Union Government on a petition challenging the Constitutional validity of Section 66A of the Information Technology Act. What’s the matter? What is Section 66A of IT Act? What did the Attorney-General tell the court?

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“INDRA”: India, Russia joint naval exercise

India and Russia held joint naval exercise ‘INDRA’ in Mumbai. The exercise was held in 20003 for the first time and is being conducted every two years. Objective: To enhance interoperability, will be helpful in tackling threats like the pirates ..

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