Domain: hindu.com
Stories and comments across the archive that link to hindu.com.
Stories · 10
-
PwC Auditors Arrested In Satyam Fraud Inquiry
theodp writes "Indian police arrested two employees from the affiliate of PricewaterhouseCoopers who audited Satyam Computer Services, the IT outsourcing giant at the center of the nation's largest fraud inquiry. The move comes after Satyam founder Ramalinga Raju said he had fabricated $1 billion of assets and confessed to making up more than 10,000 employees to siphon money from the software company. State Farm Insurance has severed its ties with Satyam, citing uncertainty about the company's future as 'the only factor responsible for the termination of the contract,' which will reportedly affect at least 400 on-site Satyam employees. Other customers, including GE, are standing by Satyam, one of the top recipients of H-1B and L visas (so much for those $500 Fraud Prevention and Detection fees!)." -
India Brings Back Orbiting Satellite to Earth
bharatm writes "In a pathbreaking event heralding its arrival as a space power with capability to recover an orbiting satellite, India today successfully brought back a spacecraft to earth, giving a new impetus to the proposed manned mission to space in the next decade." -
Another Indian State Moving To FOSS
james.infidel writes "The Hindu, a leading national newspaper, reports that the Communist government of Kerala (the state with the highest literacy rate in India) has announced its all-out support for FOSS in the draft IT policy announced yesterday. The draft also calls for preferential treatment for companies coming forward to work in the FOSS domain. -
Indian Rocket Blasts into Space
Quacking Duck writes "Indian Space Research Organization (ISRO) successfully launched it's Polar Satellite Launch Vehicle (PSLV-C7) rocket from the Srikharikota launch-pad. The rocket carried 4 satellites into space, 2 Indian and one each from Argentina and Indonesia. Interestingly, one of ISRO's payloads, Space Capsule Recovery Experiment (SRE-1), expected to return to Earth 13 days after launch, will be the first test of its re-entry mechanism. This is a step towards ISRO's ambitious goal of designing and building a cheap reusable launch vehicle. ISRO is also planning a manned mission to the moon, Chandrayan-1, which is expected to use a modified PSLV rocket which was used for this launch. This successful launch comes close on the heels of the failed July 2006 GSLV lauch which had ended in an expensive fireworks display over the Bay of Bengal. Another GSLV launch is planned for later this year." -
Indian ISPs Taxed for Generating "Light Energy"
CaptKeen writes, "The Hindu is reporting that the Indian Government is trying to tax optical broadband providers (think fiber to the premises) for generating 'light energy.' According to the Commercial Tax Department, optical broadband providers operate on light energy which is 'artificially created and sold to customers for the purpose of data transmission and information.' This classification would make Internet access goods (since you are buying light) as opposed to service — and would be subject to a 12.5% VAT." -
Indian Company Shows Off Sub-$200 Laptop
geo_2677 writes "The Indian company which came out with the Simputer has now come with a PC which cost roughly INR 10,000; that's just about US $200. The project was backed by the Indian government R&D department Council of Scientific and Industrial Research (CSIR)." Geo2677 points out an article on the low-cost computer at hinduonline.net and another at the Times of India, and writes "The new PC is Linux-based and has office applications, a browser and audio/video capabilities. With a keyboard that can be rolled up, it looks pretty sleek. A U.S. company is already using it in pilot projects, and many more have shown interest. The Indian government hopes that this will push the PC revolution to the masses. It aimed for home users and small businesses/shops. The PC penetration in India is very low, at a measly 13 million, due to the high costs involved." -
Going Beyond Fermat's Last Theorem
amjith writes "An Indian mathematician, Chandrashekhar Khare, is poised to make a significant breakthrough in the field of number theory with his solution of part of a major outstanding problem in algebraic number theory. He is currently an associate professor in Mathematics Department of University of Utah. " -
Breakthrough in solar photovoltaics
An anonymous reader writes "The Holy Grail of researchers in the field of solar photovoltaic (SPV) electricity is to generate it at a lower cost than that of grid electricity. The goal now seems to be within reach. A Palo Alto (California ) start-up, named Nanosolar Inc., founded in 2002, claims that it has developed a commercial scale technology that can deliver solar electricity at 5 cents per kilowatt-hour. " As always, take these claims with a dose of salt the size of the Hope Diamond. -
Indian President Advises Open Source Approach
geo_2677 writes "The Indian President Dr. A Kalam has advised defense scientists to go for open-source software for software security, rather than be stuck with insecure proprietary software. Being a scientist himself, he surely knows what's good for his country." Speaking at the Indian Navy's Weapons and Electronic System Engineering Establishment, Kalam argued: "Open source codes can easily introduce the users to build security algorithms in the system without the dependence of proprietary platforms", though continues: "We should take maximum care to ensure that our solution is unique to protect our own defence security solutions implemented on open platforms." We previously reported on Richard Stallman's meeting with Dr. Kalam earlier this year. -
Stallman Goes to India
SureshD writes "The Hindu is reporting on a 40 minute long meeting between Richard Stallman and the Indian President - Dr APJ Abdul Kalam. After the interview, RMS said that the President was 'receptive' to his views that development of software should be seen as a political and social issue and not just from the technological point of view. Interestingly, the article mentions that the President had prepared for the meeting by downloading and reading Stallman's biography (Free as in Freedom) from the Internet."