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Excise duty uppercuts software firms
Windows 7, Adobe, Symantec software stuck at customs over excise duty

How other countries fare
China’s Golden Shield Project has several US corporations such as IBM, General Electric, and Honeywell working closely with the Chinese government to install millions of surveillance cameras throughout the country, along with advanced video analysis and facial recognition software, which will identify and track individuals everywhere they go. They will be connected to a centralised database and monitoring station, which will, upon completion of the project, contain a picture of the face of every person in China - over 1.3 billion people.

News of the day

Chocoholic
Cadbury: Kraft Foods’ $19 billion acquisition of Cadbury creates an unstable dynamic in the global confectionery sector. Almost one third of the market will be split equally between the enlarged Kraft and US rival Mars. That raises some tricky strategic questions for the industry"s smaller players like Italy’s Ferrero, Hershey of the US and even for Switzerland’s Nestle .
Online Business

Indian SMBs lead in green spending

Sixty-three per cent of Indian IT organisations have deployed green server rooms to increase energy efficiency or have a pilot project underway, according to a joint study by IBM and the InfoTech Research Group. - PC vendors pin their hopes on India - Now, individuals, SMBs too can recycle HP products - Indian SMBs lead in green spending - Blue Star Info zooms 12% on jump in volumes - 3i Infotech: Inorganic tonic - Hitachi Data Systems announces Wipro Infotech as partner Even in a very difficult economic environment, small and medium enterprises (SMEs) in India are eager to actively invest in initiatives that reduce the environmental impact of their information technology, the study notes. The findings show that more than 55 per cent of Indian companies are going to, or have already commissioned third-party environmental audits, purchased emission credits, or made improvements in their supply chain efficiency to reduce energy consumption. Almost two-thirds of all companies globally are currently, or are planning within the next 12 months, to add virtualisation technology to their servers, consolidate storage systems, or retrofit their server rooms. The study is based on a survey of more than 1,000 information technology executives at companies with between 100 and 1,000 employees across industries and in a dozen countries, including India, US, Canada, France, Germany and the UK. “Businesses around the world have discovered that going green isn’t just good for the planet, it’s good for their bottom line,” said Ramesh Narasimhan, director — general business, IBM India/South Asia. “The findings highlight how midsize companies are realising cost savings when adopting green IT initiatives.”


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