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The telecom market is expected to be the largest contributor to the IT segment in India with spending forecast to reach $54.7 billion in 2012. This is expected to be followed by the IT services market with the spending of $11.1 billion.

Vice Premier Wang Qishan also said that China is ready to conduct closer and broader economic cooperation with the US.
The new system will allow booking of only 4 passengers on a Tatkal ticket and will reduce the advance reservation period for bookings from 48 hours to 24 hours.
State-run lender Bank of India has decided to advance its proposed re-entry into the mutual fund business by a few months to December.
The company currently offers five models in CNG options - compact cars Alto, WagonR and Estilo, multi-purpose van Eeco, and sedan SX4.
The HNPCL had not initiated a thermal power plant in Visakhapatnam even 12 years after being allotted 1,122.38 acres.