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iGate CEO Hits Out At IT Majors – Vouches For Results Based Billing, NOT Time or Labour Based

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The IT industry billing model is being challenged by a former Infosys Ltd executive Mr. Phaneesh Murthy, by charging for results instead of basing fees on the time and labour put in by the huge staff working for India’s big firms. According to him, Outcomes-based billing, which is growing as a share of revenue all […]


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Budget For Newbies – 3 Funds In Which Union Budget Is Classified

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The Annual Financial Statement has a lot of jargons which is very difficult for a layman to understand. The Annual Budget, which is a 16 page document, provides all the details regarding the total receipts and expenditure of the government. Consolidated fund, Public Account and Contingency fund are the three parts in which the Annual […]


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3 Unusual Taxes That We Indians Have Been Paying For Long

As Mr. P. Chidambaram, the Finance Minister, is all set to present the budget speech for2013, one can just hope that no more unusual taxes are introduced by him this year. There is a list of many unusual taxes (distinct from tax on plain vanilla income) which were introduced in the past. One such tax […]


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Watch Union, Rail Budget 2013-14 Live Online

Unlike last year, this year the Union Budget 2013 – 2014 is on schedule and is expected to be announced on 28th February 2013 and will start from 11AM onwards. We have already told you about the most expected dates for this year’s Union Budget Session. If you won’t have an access to a television […]


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Rail Budget 2013 – 100 New Trains Including AC Double Deckers; 4200 New Coaches

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The Railway Ministry has proposed to launch 100 new trains in the coming Railway Budget 2013-2014 including AC double deckers, new passenger services, as well as extension of services to meet the requirements and needs of the various states. According to reports, the announcement for the manufacturing of 4200 new coaches including 600 LHB coaches […]


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“Food Track” 130 Delhi Metro Stations to get IRCTC Food kiosks

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Quality snacks and delicacies will now be made available to the passengers travelling on Delhi Metro. The mini-ratna company under Ministry of Railways in collaboration with the Delhi metro is all set to open its food stall ‘Food Track’ at 130 Metro Stations. The kiosks will get opened up in a phased manner starting with […]


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India Budget 2013 Expectations From McAfee Software

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McAfee Software has put forward a list of four key expectations from Union Budget 2013 – 2014 in India: There is a need for a clear-cut understanding around treating software as goods (subject to VAT) or as service (and subject to service tax). Minimum Alternate Tax levied on SEZs that severely affecting foreign investments in […]


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Gartner Appoints Mankiran Chowhan As The Company’s New India Head

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Global technology research and advisory firm Gartner, Inc. has appointed Mankiran Chowhan as the Regional vice president and Country Manager Sales for Gartner India as the company continues to grows its research and events business. Prior to this appointment, she has been in various individual contributor and management roles across Gartner sales since 2003. Her responsibilities […]


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