In order to weed out the problem of fake PAN cards and to ensure an accurate biometric data, the Government has initiated a project to bring together both the Aadhar and the PAN databases.
“While the Aadhar will ensure effective disbursal of government schemes to citizens, the biometric PAN card database will help stop the forgery of PAN cards which begets economic crimes,” a senior Finance Ministry official said. [source]
Telenor threatens to exit India if govt accepts TRAI’s proposals
Norway’s Telenor has warned it will exit India if the government accepts the telecom regulator’s proposals to auction airwaves at 13 times the price used in 2008, highlighting the uncertainty shrouding a sector till recently seen as a poster child for liberalisation.[source]
N. Chandrasekaran to take charge as Nasscom chairman from tomorrow
TCS chief, Mr N. Chandrasekaran, will assume the office of Chairman of Nasscom. Mr Chandrasekaran replaces Mr Rajendra S. Pawar, founder of NIIT, as the Chairman of Nasscom’s Executive Council for 2012-13.[source]
150 Bangalore staff hit in Yahoo!’s 2,000 cut globally
Yahoo! has let go about 150 employees in Bangalore. A few days ago, the company had begun the process of informing the 2,000 employees globally about their job elimination or phased transition. The decision to send these employees out is part of company’s move to about 2,000 employees globally [source].