AG recommends 5% penal charge for restoration of Koshika licence
Attorney General Soli Sorabjee has recommended a penal charge of five per cent over and above the 35 per cent of the outstanding licence fee which was due from Koshika Telecom for restoration of the company's cellular licences.

Diebold HMA to modernise ATMs with Iris technology
Diebold HMA, the largest seller of ATMs in the country, is now planning to bring out the Iris technology in ATMs. The company is also planning to web-enabled ATMs for greater convenience in banking.

Quebec to fund IT start-ups in AP
Andhra Pradesh and the provincial government of Quebec have set up a $25 million IT incubation fund for identifying and financing IT startups in the state.


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