Tag Archives: Turns

Finance ministry turns down MoRTH’s demand for Rs 43,000 crore hike in outlay

Of the total budgetary support for the current fiscal, MoRTH has already spent Rs. 51,798 crore or 62% by September end, as per the Controller General of Accounts data. Despite the apparent thrust being given to infrastructure spending, the finance ministry has rejected the road transport and highway ministry’s demand for hiking the budget outlay for it by Rs. 43,000 ... Read More »

As the Internet turns 30, is it an ‘out-of-control monster’?

MEYRIN, Switzerland: Thirty years ago this month, a young British physician working at a lab near Geneva invented a system for scientists to share information that would ultimately change humanity. But three decades after he invented the World Wide Web, Tim Berners-Lee has warned that his creation has been “hijacked by crooks” that may spell its destruction. Berner-Lee’s old office ... Read More »

Tencent Turns to WeChat, Games, and Deals for Global Strategy

China’s biggest social network and gaming firm Tencent Holdings, which last week reported forecast-beating quarterly results, is close to making Malaysia the first foreign country to roll out its WeChat ecosystem, an executive told Reuters. Tencent has made a “breakthrough” in gaining an e-payment license in Malaysia for local transactions, and plans a launch early next year, senior vice president S.Y. Lau said ... Read More »