NEWS

Submitted By:
Vishap Mahajan
MBA -2C
Michelle Obama wins India with her
understated style
 US First Lady Michelle Obama , who has a reputation of
being a fashionista, kept her sartorial choice for her India visit
trendy but understated though some designers felt she
should have opted for a saree at some events.
 
 All eyes were on the wife of visiting US President Barrack
Obama for a peek on the choice of her ensemble as she landed
in Mumbai. She opted for a a chic grey knee-length tunic
dress with pearl buttons that resembled an Indian kurti.

 Fashion designers noted on Monday that the outfits Michelle

wore in Mumbai were sombre and toned down and that she
opted for simple colours.
DoT rejects Pitroda panel suggestions on BSNL
 A government panel has rejected some key recommendations of the
Sam Pitroda committee set up by the prime minister to suggest a
turnaround strategy for loss-making BSNL, saying drastic changes in
a state-owned company could impact the running of all public sector
units.

 This four-member department of telecom panel has rejected the

Pitroda committee recommendation that BSNL sell a 30% stake by
listing on the bourses, and said that the IPO must be ‘deferred for two
years to allow the telco to improve its performance and get the right
valuation’.

 It has also rejected the Pitroda’s committee’s proposal to allow BSNL

to bring in top professionals, including a CEO from the private sector,
and said that ‘implementing such a move selectively for top-level
positions, and also in just one PSU would have wider repercussions’.
Google, Dell may keep $60 bn tech acquisition
spree alive
 Google and Dell plan to push ahead with more acquisitions, helping
maintain a takeover spree that’s boosted the value of US technology
mergers to more than $60 bn this year.

 Google is likely to buy more companies about the size of YouTube and
DoubleClick, its two largest deals, to help offer more online services, the
company’s head of mergers and acquisitions said in an interview last
week. Dell plans more takeovers in its drive to double the size of its data-
center business to $30 bn in sales, a company executive said.  

 Internet and computer companies are increasingly relying on acquisitions

to gain new technology and customers. Amazon.com is near an
agreement to spend $540 mn for Quidsi, owner of Diapers.com, two
people familiar with the matter said on Sunday. For Google, the largest
Internet search company, absorbing more startups could provide fresh
ways to sell ads and compete with social-networking sites such as
Facebook.  
Indra Nooyi keeps mystery alive on Tata top job offer

 Indra Nooyi coyly suggested that she has not

been made a job offer as Ratan Tata’s successor
while simultaneously seeking to preserve an
aura of mystery around talk linking her to the
top job at one of India’s most respected
conglomerates.  
 “If Ratan had asked me, it would have been
difficult to trade a great job for another great
job,” the chairman and chief executive of
PepsiCo told ET in an interview, implying that
no offer had been made.
 Tata DoCoMo 3G comes at 0.66 paise per second call

 Setting the tone for 3G mobile services, Tata Teleservices which has
DoCoMo of Japan as its partner, announced the call tariff at just
0.66 paise per second.

 The company announced different tariff plans for both post-paid

and pre-paid 3G mobile services ranging from Rs 350 to Rs 2,000,
which include monthly minutes as well as data usage.

 For example, in a monthly tariff package of Rs 2,000 the subscriber

would get 5,000 minutes voice calls, along with data usage of up to
2GB per month.

 Tata, however, clarified that pulse rate would be 'per second' and
subscribers would be charged only for number of seconds used.
 The Company launched its 3G services this
Diwali in nine Circles - Karnataka, Kerala, Rest
of Maharashtra, Gujarat, Rajasthan, Punjab,
Haryana, Madhya-Pradesh-Chhattisgarh and
UP (West).
 
 Other private operators like Bharti and
Vodafone are also likely to start 3G services in
the next few months. But the benchmark set by
Tata DoCoMo would once again put pressure
on all the operators to follow 'per second'
pulse.
 
 Forbes names Bill Gates 'Most Powerful Man
in technology'
 Bill Gates has been listed as the most powerful man in the
technology world by Forbes.

 The founder of Microsoft , Gates has been named the 10th most
powerful man in the world, ahead of the likes of Rupert
Murdoch , Hillary Clinton and Steve Jobs, reports The
Telegraph.
 
 Forbes has praised him for his work in coaxing 40 of the
world's richest people to pledge the majority of their wealth to
charities and good causes.
 
 Apple's chief Steve Jobs is recognised by Forbes for his "insane"
creativity and ability to "transform multi-billion dollar industry
every few years" with his latest must-have devices, such as the
iPhone and iPad.
 Larry Page and Sergey Brin, co-founders of Google, appear jointly at
number 22 in the list, while Mark Zuckerberg, the social network's founder,
is ranked 18 places lower, at 40 on the Forbes Powerful People List for 2010.

 Wikileaks' controversial editor-in-chief and "genius provocateur" Julian

Assange is at number 68 on the list.
 The top 10 in Forbes list:

 1.Hu Jintao
 2. Barack Obama
 3. Abdullah bin Abdul Aziz al Saud
 4. Vladimir Putin
 5. Pope Benedict XVI
 6. Angela Merkel
 7. David Cameron
 8. Ben Bernanke
 9. Sonia Gandhi
 10. Bill Gates
THANK YOU