India issuing notices to 2G licensees after scam report
The Indian government has decided to issue show-cause notices to 85 mobile phone licensees that may have suppressed information while applying for 2G licenses that were awarded in 2008.

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Aberdeen All Asia IT – Half Yearly Report
Aberdeen All Asia IT – Half Yearly Report

Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance

De-licensing in 1991 has put the Indian automobile industry
on a new growth track, attracting foreign auto giants to set up their production facilities in the country to take advantage of various benefits it offers. This took the Indian automobile production from 5.3 Million Units in 2001-02 to 10.8 Million Units in 2007-08. The other reasons attracting global auto manufacturers to India are the country’s large middle class population, growing earning power, strong technological capability and availability of trained manpower at competitive prices. These are the major findings of our new report, “Indian Automobile Sector – A Booming Market”

In 2006-07, the Indian automotive industry provided direct employment to more than 300,000 people, exported auto component worth around US$ 2.87 Billion, and contributed 5% to the GDP. Due to this large contribution of the industry in the national economy, the Indian government lifted the requirement of forging joint ventures for foreign companies, which attracted global to the Indian market to establish their plants, resulting in heightened automobile production.

The Indian automobile market is currently dominated by two-wheeler segment but in future, the demand for passenger cars and commercial vehicles will increase with industrial development. Also, as India has low vehicle presence (with passenger car stock of only around 11 per 1,000 population in 2008), it possesses substantial potential for growth.

Key Research Highlights

- Passenger car production in India is projected to cross three million units in 2014-15.
- Sales of passenger cars during 2008-09 to 2015-16 are expected to grow at a CAGR of around 10%.
- Export of passenger cars is anticipated to rise more than the domestic sales during 2008-09 to
2015-16.
- Motorcycle sales will perform positively in future, exceeding 10 Million units by 2012-13.
- Value of auto component exports is likely to attain a double digit figure in 2012-13.
- Turnover of the Indian auto component industry is forecasted to surpass US$ 50 Billion in 2014-15.

source: FPR

Key Issues & Facts Analyzed in the Report

- Study of the Indian automobile industry structure.
- Analysis of performance of industry sub-segments and their future outlook.
- Understanding the Indian auto component market and its growth aspects.
- Evaluation of factors fuelling growth in the Indian automobile market.
- Discussion of the forces countering the market growth.
- Identification of future prospects for the Indian automobile industry.

Research Methodology Used in the Report

Information Sources
The information has been sourced from various authentic and reliable sources like books, newspapers, trade journals and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.

For more detail visit :- http://www.automobilenews.net/Indian-Automobile-Sector-A-Booming-Market-Reports/IM526.htm

Climate report aims for relevance
Factors that affect people’s lives, such as the Asian monsoon, will be at the heart of the next global assessment of climate change.

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Taisho leads bids for India’s Paras Pharma: report
Japan’s Taisho Pharmaceuticals has emerged the top bidder to buy a majority stake in Indian drugmaker Paras Pharmaceuticals, which owns popular brands such as anti-cold medication D’Cold and pain relieving ointment Moov, a business daily reported on Monday.

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Report: Feds to push for Net encryption backdoors
The Obama administration wants to force Internet e-mail and other communications companies to build in encryption backdoors for government surveillance, The New York Times reports. Originally posted at Privacy Inc.

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Internet having fundamental impact on consumption patterns, says BCG report
Malaysia’s digital market is as technologically advanced as developing nations like Brazil and Russia while its usage habits reflect those from emerging nations like India, China and Indonesia, a recent study by the Boston Consulting Group (BCG) shows.

Read more on The Edge

Indian Market Ends Flat Before Payrolls Report
(RTTNews) – The Indian market ended a volatile session modestly lower on Friday, weighed by a government report that showed a modest rise in food inflation for the week ended August 21. Underlying sentiment remained extremely cautious as the U.S. government’s monthly employment report loomed.

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The same Internet security analysts who identified and revealed the surveillance ring known as GhostNet published another report today, revealing a vast “Shadow network” of online espionage based in China’s Sichuan Province.

The report, titled “Shadows in the Cloud: Investigating Cyber Espionage 2.0,” is the product of a collaborative effort between Canada’s Information War Monitor and America’s Shadowserver Foundation. The Information War Monitor is a public-private joint venture linking the Citizen Lab at the University of Toronto’s Munk School for International Studies to Ottawa-based think tank The SecDev Group. The Shadowserver Foundation is a group of volunteer Internet security professionals that gather, track, and report on malware, botnet activity, and electronic fraud.

While operating from the Munk School, the international Internet security team has monitored a complex ecosystem of cyber espionage originating in the Chinese city of Chengdu over an eight month period.

Using popular online social-media tools such as Twitter, Google Groups, Blogspot, Baidu Blogs, blog.com, and Yahoo Mail, the hackers breached and compromised computer networks within India, the Offices of the Dalai Lama, the United Nations, and several other countries and organizations. The Indian government and the Dalai Lama, however, were undoubtedly the parties most affected by the attacks.

Among the documents recovered by the online security analysts in Toronto were several encrypted confidential files belonging to the Indian government.

“These documents contain sensitive information taken from a member of the National Security Council Secretariat concerning secret assessments of India’s security situation in the states of Assam, Manipur, Nagaland and Tripura, as well as concerning the Naxalites and Maoists,” the report said. “In addition, they contain confidential information taken from Indian embassies regarding India’s international relations with and assessments of activities in West Africa, Russia/Commonwealth of Independent States and the Middle East, as well as visa applications, passport office circulars and diplomatic correspondence.”

The hackers may have also obtained confidential information from Indian military personnel on the Pechora Missile System, the Iron Dome Missile System, and Project Shakti.

In addition, over 1,500 letters sent from the Office of the Dalai Lama between January and November of last year were among those files recovered.

When questioned about the report on Monday, Chengdu’s propaganda official Ye Lao dismissed the notion of Chinese government involvement as “ridiculous.”

“The Chinese government considers hacking a cancer to the whole society,” he went on to say.

While the report does not directly implicate the government in Beijing, it does maintain a critical stance towards the overall Internet environment which it believes is permitted to thrive in China.

“We have no evidence in this report of the involvement of the People’s Republic of China or any other government in the Shadow network,” the report said. “But an important question to be entertained is whether the PRC will take action to shut the Shadow network down. Doing so will help to address long-standing concerns that malware ecosystems are actively cultivated, or at the very least tolerated, by governments like the PRC who stand to benefit from their exploits through the black and grey markets for information and data.”

This illustrates the underlying propellant of cyber espionage operations like those uncovered in China; where even if the information isn’t being stolen under the direction of the government, there remains a lucrative market for the data to be sold to interested parties. And while the authors of the report admit that it is out of their realm to speculate as to the motives of the hackers, there is one particular party that comes to mind that may be interested in acquiring the correspondence of the Dalai Lama and confidential reports belonging to the Indian government.

“It’s like the world of art theft, where you steal things that have a very high value, as long as you can find a buyer,” said Rafal Rohozinski, senior research adviser at Citizen Lab and CEO of SecDev Group, according to The Globe and Mail.

“So the question of course is, who’s the buyer? Is the buyer paying the thief to go after this stuff, or is the thief doing it themselves because they know they can find a buyer? That’s one of those things that we don’t really have a good answer for,” said Rohozinski.