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India's 3G telephony auction attracts int'l interest
India today said it has received interest from international companies for launching high-speed 3G telephony services, auction of spectrum or radio waves for which will be completed by this financial year. http://smallpersonalloans.org.uk

New Year gifts set to get chic, again
Indian corporate gifting companies are set to laugh all the way to the bank this New Year. For, after a temperamental period in 2008 and 2009 on account of the recession, corporate biggies have finally started loosening their purse strings and placing orders for high-end gadgets like iPods, digital photoframes and dual-SIM handsets to dole out to their employees as well as clients.

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Honda Siel Cars expects double digit sales growth this year
Honda Siel Cars India (HSCI), the Indian subsidiary of the Japanese giant Honda Motor Co, today said that its sales will register double digit growth in the current financial year. The company expects its total sales to be around 60,000-65,000 units during the current year, up from 55,250 cars sold in 2008-09.
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DoT seeks MHA's views on security clearance by telecom firms

The Department of Telecom (DoT) has opposed general security clearance to few major equipment vendors like Ericsson, Nokia-Siemens, Motorola and Huawei and has sought Home Ministry"s view on the issue, a move that could delay execution of expansion plans of telcos. - RCom wants action against its special auditor - Ball to start rolling for 3G auction tomorrow - DoT may prohibit M&As among 3G players - FM wields deficit stick on 3G bid - SC delivers an Oracle to IT - More time needed for Bharti Airtel check, auditor tells DoT "It will invite criticism on account of level playing field and discrimination. Therefore, it is felt that at this stage, it may not be appropriate to accord general security clearance to major vendors such as Ericsson, NSN, Huawei, ZTE, Motorola, Cisco, Juniper and others," DoT said in a note sent to the Ministry of Home Affairs (MHA). DoT has recently indicated tightening security noose on telecom firms making it mandatory for them to get security clearance before placing purchase orders for equipment with the foreign equipment vendors. If implemented, firms like Ericsson, NSN, Huawei, ALU, ZTE, Motorola, Cisco, Juniper, Tekelec, Comverse and others will have to get clearance from the Indian security agencies each time they supply equipment to telecom firms. The foreign companies are major supplier of equipment in India. Recently, security agencies have raised concerns over deploying telecom networks using equipment from Chinese vendors citing security reasons. DoT has sought the response of Home Ministry and Intelligence Bureau on whether telcos should apply for security clearance before placing purchase order for equipment.


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