Qualcomm
CEO may visit India
New Delhi: US based CDMA technology promoter firm
Qualcomm's worldwide chief executive officer, Paul Jacob,
may visit India next week. The company is under pressure
from the industry and the Communication Ministry to lower
its royalty rates.
Jacob
is expected to meet the Communication and IT Minister,
Dayanidhi Maran, and CDMA operators as well. The move
comes after India's largest CDMA player Reliance Communication
announced its plans to roll out GSM-based cellular services
in the country.
Reliance
had earlier requested Qualcomm to bring down its royalty
from the current levels of 7 per cent, as it was adding
to the cost of services. Sources said that in China Qualcomm
was charging a royalty of only 2 per cent.
Qualcomm
has maintained that the royalty was being charged from
handset manufacturers and not operators and, therefore,
the additional cost was only marginal.
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Sodexho
staff in exodus mode
New Delhi: Meal and gift voucher company Sodexho
Alliance of France, is facing an exodus of people. To
begin with India head Ravi Saxena has quit and is slated
to join Dubai-based Landmark group's retail venture.
Sources
say another 100-odd employees have left Sodexho Pass India
over the past one month or so.
Sources
in the company indicate that a team from Paris, headquarters
of Sodexho Alliance, is currently in-charge of running
the India operations. The staff exodus started about two
months back, with senior executives taking the lead. They
also said that Saxena's quitting was the last straw and
led to another round of exodus.
Sodexho
Pass India, says sources, has gone through a rapid expansion
of operations over the last two years, resulting in sizeable
receivables from the market.
Sources
say that the Indian operations are now being streamlined
with the headquarter taking direct interest in the day
to day operations of the company.
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India
pushes Tharoor for UN Secy Gen's post
New Delhi: India has announced its nomination of
Shashi Tharoor, UN Under Secretary General for Communications
and Public Information, for the prestigious post of Secretary
General of the world body.
If
elected, London-born Tharoor will be the youngest UN Secretary
General ever. Tharoor, who has served at the UN in various
capacities and has been closely involved in the process
of UN reforms, will be competing with at least three other
candidates from Asia - Sri Lanka's Jayantha Dhanapala,
Thailand's Deputy Prime Minister Surakiart Sathirthai
and South Korean Foreign Minister Ban Ki-Moon.
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