The Telecom Regulatory Authority of India (Trai) on Friday has expressed concern on the continued international routing of domestic internet traffic inspite of setting up of a National Internet Exchange of India (NIXI) and has recommended new measures to increase NIXI effectiveness.
In letters written to the telecom secretary D.S. Mathur, secretary information technology Jainder Singh, Trai chairman Nripendra Misra said that very purpose of establishment of NIXI has not been served as only 27 internet service providers (ISPs) out of 135 operational ISPs have joined NIXI nodes.
A majority of domestic traffic is still not routed through NIXI defeating the very purpose of setting up NIXI, said Mr Misra.
NIXI was set up on the recommendation of Trai by the department of information technology (DIT), in 2003 to ensure that internet traffic, originating and designed for India, should be routed within India. Presently four nodes of NIXI are operational at Delhi, Mumbai, Kolkata and Chennai.
Trai said that the poor utilisation of NIXI has compelled ISPs to carry even domestic traffic on links meant for international traffic. ISPs pay much higher charges for such links. Since there is no mechanism available to measure volumes of domestic and International traffic transacted separately on such links, even domestic traffic is charged at international bandwidth rates, it said.
Trai also said to include that all the ISPs or their upstream providers should either connect to NIXI or with international internet bandwidth providers through direct peering link.
Compulsory announcement and acceptance of all the routes at NIXI nodes have been recommended. This will facilitate effective exchange of domestic internet traffic at NIXI without requiring direct connectivity of ISPs at NIXI. Similarly quality of service parameters of NIXI nodes has been prescribed to ensure effective functioning of the NIXI. Trai said that effective functioning of NIXI will reduce the carriage cost for domestic internet traffic to great extent which will facilitate cheaper content down load and encourage web hosting services.
Courtesy : Asianage.com
Trai to establish Internet exchange
April 21, 2007, 9:22 amWipro, Satyam growth rise
April 21, 2007, 9:21 am
Continuing the trend set by Tata Consultancy Services and Infosys Technologies of robust growth in revenue and profitability in 2006-07, Wipro Ltd and Satyam Computer Services Ltd posted a 42 per cent and 43 per cent increase, respectively, in net profit to 2,942 crore and Rs 1,405 crores. Revenues of Wipro Ltd crossed the $3 billion (Rs 15,000 crore) mark, while Satyam’s total revenue was $1.46 billion (6,668 crore).
The performance was above market expectations, with Satyam’s stock price rising by over six per cent on Friday. Wipro’s stock also rose, but ended down over one per cent after the company said it expects its revenue in the first quarter of 2007-08 by three per cent.
Satyam chairman B. Ramalinga Raju told reporters on Friday that the company expected a revenue of between $1.87 billion and $1.9 billion in 2007-08, implying a growth rate of 28 to 30 per cent under US GAAP, while the growth under Indian GAAP is expected to be between 20 to 22 per cent because of the rupee’s appreciation.
"Looking ahead, for the quarter ending June 2007, we expect the revenue from our global IT services business to be approximately $711 million," Wipro chairman Azim Hasham Premji said in a statement.
The board of Wipro recommended a dividend of Rs 1 per share, taking the total dividend for 2006-07 to 300 per cent or Rs six per share.
While Wipro’s Q4 net profit was Rs 858 crore on revenues of Rs 4,333 crore, Satyam posted a net profit of Rs 394 crore on revenues of Rs 1,850 crore.
Mr Raju said Satyam ended the quarter with 35,670 associates, an addition of 1,265 associates including 600 trainees for Q4 07. The number of associates including those of subsidiaries and joint ventures stood at 39,552. "Attrition on a trailing twelve months basis fell to 15.7 per cent from 17.6 per cent in Q3. Annualised quarterly attrition stood at 13.21 per cent compared to 21.9 per cent at the beginning of FY 2007," a Satyam release said.
It added 35 new customers added in Q4 including 5 Fortune Global 500 and US 500 companies.
Courtesy : Asianage.com
The performance was above market expectations, with Satyam’s stock price rising by over six per cent on Friday. Wipro’s stock also rose, but ended down over one per cent after the company said it expects its revenue in the first quarter of 2007-08 by three per cent.
Satyam chairman B. Ramalinga Raju told reporters on Friday that the company expected a revenue of between $1.87 billion and $1.9 billion in 2007-08, implying a growth rate of 28 to 30 per cent under US GAAP, while the growth under Indian GAAP is expected to be between 20 to 22 per cent because of the rupee’s appreciation.
"Looking ahead, for the quarter ending June 2007, we expect the revenue from our global IT services business to be approximately $711 million," Wipro chairman Azim Hasham Premji said in a statement.
The board of Wipro recommended a dividend of Rs 1 per share, taking the total dividend for 2006-07 to 300 per cent or Rs six per share.
While Wipro’s Q4 net profit was Rs 858 crore on revenues of Rs 4,333 crore, Satyam posted a net profit of Rs 394 crore on revenues of Rs 1,850 crore.
Mr Raju said Satyam ended the quarter with 35,670 associates, an addition of 1,265 associates including 600 trainees for Q4 07. The number of associates including those of subsidiaries and joint ventures stood at 39,552. "Attrition on a trailing twelve months basis fell to 15.7 per cent from 17.6 per cent in Q3. Annualised quarterly attrition stood at 13.21 per cent compared to 21.9 per cent at the beginning of FY 2007," a Satyam release said.
It added 35 new customers added in Q4 including 5 Fortune Global 500 and US 500 companies.
Courtesy : Asianage.com
Indian wedding planners on a roll
April 21, 2007, 9:19 am
The Indian wedding industry which is currently estimated at Rs 55,000 crores is set to grow by 25 per cent annually giving rise to the increase in the demand for professional wedding management planners.
"Now-a-days, the average minimum budget for an upper middle-class Indian wedding ceremony is anywhere between Rs 50 lakhs to Rs 2 crores. The rich spend as much as Rs 5 to Rs 10 crores per wedding. It’s a booming Rs 55,000 crores turnover industry in India growing at 25 per cent annual growth," says PDM Wedding Management Services head Mr Aditya Motwane.
The potential for new players is huge provided they render qualitative services. "We offer services to our clients as per their budgets, and charge them the fee accordingly. On an average, a mid-sized wedding management company with an annual turnover of Rs 10 to 12 crores serves about 30 to 40 weddings per year in India," said Mr Aditya Motwane.
Courtesy : Asianage.com
"Now-a-days, the average minimum budget for an upper middle-class Indian wedding ceremony is anywhere between Rs 50 lakhs to Rs 2 crores. The rich spend as much as Rs 5 to Rs 10 crores per wedding. It’s a booming Rs 55,000 crores turnover industry in India growing at 25 per cent annual growth," says PDM Wedding Management Services head Mr Aditya Motwane.
The potential for new players is huge provided they render qualitative services. "We offer services to our clients as per their budgets, and charge them the fee accordingly. On an average, a mid-sized wedding management company with an annual turnover of Rs 10 to 12 crores serves about 30 to 40 weddings per year in India," said Mr Aditya Motwane.
Courtesy : Asianage.com
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