Popular Articles

Govt not forcing bank consolidation, says Pranab
Finance Minister Pranab Mukherjee today said neither the government nor the Reserve Bank of India (RBI) has given any directive to state-owned banks for merger or consolidation.

NTPC to launch 4,000 Mw plant work by January
The power situation is expected to see a dramatic change once the Kudagi thermal power plant goes operational. The foundation stone for the thermal plant near Basavana Bagewadi in Bijapur district will be laid in January next. The National Thermal Power Corporation has approved the proposal for setting up the coal-based 4,000 Mw plant at its meeting held in New Delhi on November 27.

News of the day

Excise collections growth at 32.48%
The excise revenue collections in Orissa surged by 32.48 per cent during the first six months of the current fiscal, compared to the same period in the previous fiscal, bringing cheers to the state finance minister, Prafulla Chandra Ghadai, who is struggling to mobilose the required funds to finance the state plan outlay of Rs 9500 crore fixed for 2009-10.
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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