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Saturday, 29 September 2012

Soon, data card that can last for 100 million years

 Researchers claim to have developed a new water proof storage device that can endure extreme temperatures and hostile conditions like fires and tsunami 'forever' without degrading.

Japanese multinational conglomerate Hitachihas unveiled the chip, which it claims is resistant to many chemicals and unaffected by radio waves, can be exposed directly to high temperature flames and heated to 1,000 degrees Celsius for at least two hours without being damaged.

The chip is also waterproof, meaning it could survive natural calamities, such as fires and tsunami, the 'Daily Mail' reported.

"The volume of data being created every day is exploding, but in terms of keeping it for later generations, we haven't necessarily improved since the days we inscribed things on stones," Hitachi researcher Kazuyoshi Torii said.

"The possibility of losing information may actually have increased,' he said, noting the life of digital media currently available - CDs and hard drives - is limited to a few decades or a century," he said.

The company's new technology stores data in binary form by creating dots inside a thin sheet of quartz glass, which can be read with an ordinary optical microscope.

Provided a computer with the know-how to understand that binary is available - simple enough to programme, no matter how advanced computers become - the data will always be readable.

"We believe data will survive unless this hard glass is broken," said senior researcher Takao Watanabe.

The material currently has four layers of dots, which can hold 40 megabytes per square inch, approximately the density on a music CD, researchers said, adding they believe including more layers should not be a problem.

The company has not decided when to put the chip to practical use but researchers said they could start with storage services for government agencies, museums and religious organisations.

Samsung Galaxy Camera with voice control set for Diwali launch


Samsung India is set to launch its Galaxy Camera in mid-November, the company said yesterday while launching its Galaxy Note II phablet. This pegs the launch date of the device around Diwali. Galaxy Camera is Samsung's first camera, and world's second, to be powered by Google's Android mobile operating system. It was unveiled by the South Korean manufacturer at the IFA 2012 held in August.

The Samsung Galaxy Camera is a 16MP snapper with 4.77-inch HD Super Clear TouchDisplay (308ppi pixel density), Android 4.1 (Jelly Bean), quad-core 1.4GHz processor and a 1,650mAh battery. The 16MP camera has aperture of F2.8 and focal length of 23mm, with 21X optical zoom. Galaxy Camera has internal storage of 8GB, which can be extended up to 32GB via microSD card and can play HD videos with 16:9 aspect ratio.
The all-new gadget from Samsung has 10 image capture modes (Smart Pro Mode) and takes videos at 120fps rate with 720x480 pixel resolution. Some of the other features of the Galaxy Camera include Slow Motion Video, Action Freeze, Share Shot, Auto Face Calibration, 65 on-screen editing features, auto cloud backup and GPS with Glonass. Connectivity features of the device include 3G, Wi-Fi, Wi-Fi Direct, Bluetooth 4.0 and HDMI. The camera also has voice control functionality and can zoom in or out, set timer, capture images and also rotate, delete and share photos from the gallery.

Key specifications:
Camera sensor: 16MP with F2.8 aperture and 23mm focal length;
Zoom: 21X optical zoom;
Display: 4.77-inch HD Super Clear Touch Display with 308ppi pixel density;
Operating system: Android 4.1 (Jelly Bean);
Processor: Quad-core 1.4GHz;
Battery: 1,650mAh;
Storage: 8GB internal memory, expandable up to 32GB via microSD card; and
Connectivity: 3G, Wi-Fi, Wi-Fi Direct, Bluetooth 4.0 and HDMI

Friday, 28 September 2012

IBM to lay off 500 workers in Argentina

A union for workers at IBM Argentina says the company has initiated a plan to lay off 500 workers in the next few months.

Asked for comment Wednesday, the company sent a statement to The Associated Press saying only that ``change is constant in the technology industry.''
The union said IBM's campus of 9,000 workers in suburban Buenos Aires would be reduced by more than 5 percent under a plan seeking to avoid losses for the subsidiary.

The Ecolatina consulting firm says Argentine labor costs have more than quintupled since 2002, including a 17 per cent hike in the last year.

Nokia prices Lumia 920 above Samsung Galaxy S III


Nokia has priced its new Lumia 920 handset up to 25 percent higher than rival Samsung Electronics' Galaxy S III, risking a consumer backlash and endangering the troubled Finnish cellphone maker's efforts to catch competitors.

Analysts said Nokia will struggle to explain the premium of the Lumia 920, which uses Microsoft's Windows Phone 8 software and is seen as potentially its last chance to break into the profitable segment and secure its future.

"Hardware-wise they are pretty similar, it would be hard for Nokia to justify that extra cost to consumers," said Ovum analyst Nick Dillon. "Windows Phone is still largely an unknown to consumers - they would probably expect to pay less if they are taking a risk."

Nokia said Swedish carriers would sell the Lumia 920 for around 5,700 Swedish crowns ($860), excluding subsidies. This compares to 4,515 crowns asked for Galaxy S III at Expansys, one of the leading online phone stores in Europe.

In Italy, the Lumia 920 will sell for 599 euros ($770), compared with 530 euros for the Galaxy S III which has been on the market for four months.

The Galaxy S III retails for 530 euros also in Germany, where Nokia will ask 649 euros for the Lumia 920.

The Galaxy S III has become the pricing benchmark for flagship smartphones although Apple is selling its iPhone 5 well above those models.

Once the world's biggest mobile phone maker, Nokia fell behind rivals in the fast-growing smartphone market and has struggled to catch up, racking up more than 3 billion euros in operating losses in the last 18 months and forcing it to cut 10,000 jobs, as well as sell assets.

The Lumia 920 is Nokia's bid to catch up with Apple's iPhone and a string of popular phones using Google's Android software, like Samsung's Galaxy models.

The new phone, which with its rounded edges and colourful covers look similar to its predecessors, was unveiled earlier this month and drew a thumbs down from many analysts, who felt it lacked the "wow" factor to make big inroads against rivals.

Engineering R&D to create 1m jobs by 2020: Nasscom


Indian offshore engineering research and development (ER&D) services market is expected to reach $37-45 billion by 2020 and create over one million jobs, software industry body Nasscom said today.

This exponential growth is a result of flexible business models, short product life cycles and decreasing time to market, Nasscom President Som Mittal said at the two-day Engineering Summit 2012 at Pune.

"Indian ER&D service has played a pivotal role in accelerating innovation and is establishing India as a design and innovation hub," Mittal said, adding that incremental growth will be driven by newer verticals and markets.

ER&D exports are estimated to be $10.2 billion, growing year-on-year at 14 per cent and comprising 15 per cent share of the IT-BPO exports.

Mittal said the domestic Indian ER&D market is expected to add to future growth with infrastructure, automotive, aerospace and energy as well as increasing focus on promoting local manufacturing.

"To further build on this leadership position, the industry needs to pursue continued efforts to build a high-calibre R&D pool by instilling relevant research aptitudes and capabilities, both from educational and training perspective," Mittal added.

While the ER&D services industry has been growing by leaps and bounds, certain challenges exist and and require immediate redressal.

"India needs to sustain its cost competitiveness and fill its absence of linkages to manufacturing capabilities. Also, lack of a formal innovation policy and supporting ecosystem will pose a threat to the budding ecosystem. Collaborative action is required to ensure future growth," he said.

India is now an emerging epicentre of the global ER&D market with more companies exploiting its supply base for future growth.

"It is important for major stakeholders of this industry - Indian Government and trade associations to ensure the growth trajectory of the industry and moving it to the next level of product development," Mittal said.

The theme of the summit is 'Engineering Innovations for a better world' and has focus on key verticals including automotive, robotics, construction, heavy engineering and telecom.

Wednesday, 26 September 2012

Windows 8 will be formally launched in October


Microsoft is taking a big gamble over the next few months with Windows and Office, the two products responsible for most of its revenue and profit, according to Gartner. It is a risk that Microsoft must take to stay relevant in a world where mobile devices with new modern experiences are becoming the norm.

"When the PC dominated personal computing by providing a single device for messaging, internet access, gaming and productivity, Windows was a powerhouse for Microsoft," said Michael Silver, vice president and analyst at Gartner. "However, smartphones and tablets, led by the iPhone and iPad, have changed the way people work, making the PC just one of several devices people use. The PC is increasingly simply a peer with other devices."

With Windows 8, Microsoft is trying to address the excitement of the tablet market by adding tablet interface to Windows.

"Microsoft's approach is very different from Apple's and Google's, where phones and tablets have much more commonality than PCs and tablets," Silver said. "This plays to Microsoft's strength in PCs, leveraging it not only to enter the tablet market, but also to improve its share of the smartphone market."

"Windows 8 is not your normal low or even high impact major release of the OS," said Steve Kleynhans, research vice president at Gartner. "It's the start of a new era for Microsoft — the RT era — which follows the NT era, which began in 1993 and is just now starting to fade out. Microsoft eras seem to run about 20 years, so the technology underlying Windows 8 will last a long, long time."

Making radical changes to Windows poses a risk for Microsoft as organizations like to reduce technology risk by deploying mature, stable, well-supported products. Windows Vista, for example, never gained significant success in corporate environments, and its lack of success —Gartner estimates that just 8 per cent of PCs run by Gartner clients ran Vista at its peak — has reduced its useful life as third parties have already started cutting support for it. The bottom line is that IT leaders are questioning whether Windows 8 will suffer a similar fate.

Tuesday, 25 September 2012

Bihar to set up its first IT park

 Bihar is in the process of setting up its first Information technology (IT) park near the state capital on the lines of Bangalore's International Tech Park and Hyderabad's Software Technology Park, officials said Monday.

The IT park will be set up at Bihta, 30 km from Patna. It will be later developed as Bihar's IT hub by taking advantage of other infrastructure and modern facilities here, an official of the information technology (IT) department said.

"Work is in progress by a team led by officials of the IT department. Construction work will begin next year," an official at the Chief Minister's Office said.

The IT park will be built on public-private partnership basis, the official added.
According to officials, a private consultancy company was hired to survey the land and to prepare a business plan for the proposed IT park. "Only after completion of the land survey, a decision will be taken about the design of the park," the official said.

The state government has acquired 25 acres for the IT park.

"The IT park would have high bandwidth facility for high-speed internet and uninterrupted power supply," another IT department official said.

Officials said that IT giants like Infosys have shown interest for a plot near Bihta after the state government acquired hundreds of acres for setting up an IIT campus there.

Relax visa rules for technology companies

A leading think-tank, considered close to the ruling Conservative party, wants theDavid Cameron government to relax immigration rules to make it easier for tech companies to recruit highly skilled staff from anywhere in the word.

In a report titled 'Bits and Billions', the London-based Policy Exchange said the UK has enormous potential to be a world-leader in the high-tech and digital economy, but that it is tough for start-ups to find enough coders, designers and other highly skilled staff.

The study wants UK policymakers to learn lessons from the United States, especially California which is home to nearly half of the top 100 tech start-ups in the world, and relax immigration rules.

One of its major recommendations is to reinstate the two-year post-study visa that enabled students from India and other non-EU countries to work for two years after completing their courses.

The visa, which was popular among Indian students, was scrapped in April.

The report wants the government to relax visa requirements for skilled migrants, to enable start-up businesses in the digital sector to take on highly skilled staff for a two-year probationary period without needing to pay a high up-front salary.

Chris Yiu, author of the report, said: "The Prime Minister is right when he says he wants the UK to be the best place in the world to start, run and grow a high-tech company. The problem is that the sorts of skills these businesses need are in short supply".

He added: "Start-ups need to be able to take on the right people fast, not spend months trying to expand their technology teams. That's why we need to make it easier for UK start-ups to take on highly skilled foreign graduates".

Yiu noted that companies such as Intel, Yahoo, Google, eBay and YouTube were co-founded by immigrant entrepreneurs.

"They are now major global businesses. We need to create the right conditions to ensure that the UK lives up to its potential to be a world leader in the digital economy," he said.

Blue Card: Opportunities for Indian IT professionals in Germany

Ever since the German green card scheme, that was meant to attract IT professionals from non-EU countries, was discontinued in December 2004, Indian techies have missed it badly. The scheme, which came into effect from mid-2000, was meant to fill skill gaps in the country's IT sector.

Not surprisingly, the largest number of German green cards were issued to Indians. And now, with the introduction of the new German 'blue card initiative' from August 1, 2012, skilled and highly qualified workers from India can again look forward to tapping opportunities in Germany.

Along with the new scheme, the German government has also announced the Recognition Act, which facilitates the recognition of foreign professional credentials.

Bid to tap skills
The changes to the Residence Act include regulations regarding the issuance of the new EU blue card which is a residence permit intended for highly skilled non-EU nationals seeking employment in Germany. It also offers new benefits for foreign students. While pointing out the advantages of the blue card scheme for young professionals from India, the German ambassador in Delhi Michael Steiner, said at a recent Global Skills Summit organised by FICCI that while India has the advantage of a young workforce, Germany is an ageing society that needs skilled workers.

"The new EU blue card is one step towards providing better access to jobs in Germany for skilled international workers. India has a young workforce and an enormous potential to become the country with the largest number of qualified young people. Germany and many of our European partners are ageing societies that need skilled workers. Young and qualified Indians could cater to this specific need," Ambassador Steiner said.

Germany has announced a slew of changes targeted specially at wooing foreign students and academics in German universities. "Today's ideas are what make tomorrow's technologies, products and services possible. This is why we are providing targeted funding for young academics including measures that make it easier for specialists and scientists from abroad to come to Germany," Federal minister of education and research Annette Schavan, said while unveiling the changes last month.

The German Academic Exchange Service (DAAD) is very upbeat about the opportunities that will be now available for foreign students. "This new law gives foreign academics more freedom of choice on extending their stay in Germany. This is an important step at a time when we are urgently in need of skilled workers," president of DAAD, Margret Wintermantel, said.

In the academic year 2010-11, the number of Indian students in Germany has gone up to 5,038, an increase of approximately 24% over the previous year. Now, with the new right to residence after study and easing of post-study employment prospects, the numbers are expected to go up further. "Since 2000, when the earlier green card scheme was launched, Germany needed to attract Indian software professionals.

But because of language problems and a perception among skilled Indians that countries such as the US and UK were better to live in, the best talent from India did not move here," says Chirantan Banerjee, a researcher at the University of Bonn and a permanent resident of Germany on the merit of his high-end research work. Banerjee believes that for the new system to work, the German government should revamp its immigration policy to attract very high end talent from India to gain knowledge capital.

Friday, 21 September 2012

Apple’s Magic Is In The Turn, Not The Prestige


The opening dialogue of Christopher Nolan’s 2006 film, The Prestige:
  
Every great magic trick consists of three parts or acts. The first part is called “The Pledge”. The magician shows you something ordinary: a deck of cards, a bird or a man. He shows you this object. Perhaps he asks you to inspect it to see if it is indeed real, unaltered, normal. But of course…it probably isn’t. The second act is called “The Turn”. The magician takes the ordinary something and makes it do something extraordinary. Now you’re looking for the secret… but you won’t find it, because of course you’re not really looking. You don’t really want to know. You want to be fooled. But you wouldn’t clap yet. Because making something disappear isn’t enough; you have to bring it back. That’s why every magic trick has a third act, the hardest part, the part we call “The Prestige”.

This is what was on my mind following today’s Apple event. It’s essentially the story of the iPhone.
Apple took something ordinary, a phone, did some extraordinary things to it, and then made it re-appear in grandiose fashion. It’s a great trick. It’s so good, in fact, that I think it’s fair to call it true magic.
The problem, if you want to call it that, is that Apple has now been doing this trick since 2007. Granted, they have other solid tricks too (they are far from the one-trick-pony claims that several of their competitors face). But the iPhone is the best trick in their bag. And in the last few years, some people have gotten sick of seeing it.

But it’s important to remember that just because you’ve seen a show before, it doesn’t actually make it any less magical. It’s a perception issue.
Yes, that’s also Apple’s problem — if they wish to entertain. But the reality is that the entertainment value of these events is just icing on the cake. It also probably doesn’t help the current Apple regime that Steve Jobs was especially good at pulling off “The Prestige” part. But the true core of the company with regard to the iPhone has always been about “The Turn.” And I think that was more clear than ever today.
Look at the main video being displayed on Apple’s homepage. It’s several Apple executives talking about just what went into pulling off turning the ordinary smartphone into something extraordinary. Yes, again.
To some, this repetition is now boring. But I think Apple looks at it the opposite way: they’re perfecting their trick.

Look at the mobile landscape right now. There are two companies that are making any money in smartphones: Apple and Samsung. Or, put another way: Apple and the company Apple just won a billion dollar-plus judgement against for copying their smartphone designs. So while some may find Apple’s trick old hat now, no one else has figured out how to pull it off — except for the company doing a mediocre copy of the trick. I’d argue it’s because everyone is focusing on The Pledge and The Prestige, but Apple is the only one focusing on The Turn.

They’re the only ones photographing their assembly process with 29 megapixel cameras to ensure that a machine picks the exact inlet from 725 unique cuts. They’re the only ones who spend three years working on earphones. They’re the only ones who would go out of their way to try to re-design a device to look and act similar even though the bulk of it has largely changed.
That’s the thing — when people say they’re disappointed about the new iPhone, what they’re really saying is that they’re disappointed it doesn’t look that much different from previous version(s). But again, not only is that true, Apple went out of their way to make sure that was the case. Just listen to Jony Ive in the very beginning of the video:
When you think about your iPhone, it’s probably the object that you use most in your life. It’s the product that you have with you all the time. With this unique relationship that people have with their iPhone, we take changing it really seriously. We don’t just want to make a new phone. We want to make a much better phone.
Apple is not and will not change things just for the sake of change. And while some may now be clamoring for this change, the paradox is that if Apple did make some big changes, many of the same people would bitch and moan about them. Apple is smart enough to know that in this case, most people don’t really want change, they just think that they do because that’s the easiest way to perceive value: visual newness.
Apple’s focus remains on The Turn, the process by which they make the ordinary extraordinary. But even with a masterful Prestige, it’s hard to convey that commitment. That is, until you walk into an Apple Store and pick up the product.

While it lacks the pomp and circumstance of a Prestige on stage at some big event, this interaction is much more intimate, and as such, much more powerful. You may not perceive it directly, but the care and craft of The Turn percolates through your hands and eyes. Within minutes or even seconds, you just know this is something different. Something far beyond what others are doing with their false magic. You want this. You need this.

That’s why Apple is now the most valuable company in the world. And that’s why you will buy an iPhone 5. And an iPhone 6. And beyond. You’re upset about The Prestige, or the lack thereof. But it’s all about The Turn.

Apple pushes back shipping date for iPhone 5

 Apple has already pushed back shipping estimates for iPhone 5 pre-orders, just hours after the phone was added to Apple's online store.

The iPhone page on Apple's online store promises a release date of Sept. 21 in retail stores, but the pre-order page for the phone says all three models--the 16GB, the 32GB and the 64GB--will be shipped in two weeks if ordered online today.

Apple had previously announced the iPhone 5 would be available online and in retail stores on Sept. 21, and customers could pre-order the phone online starting on Sept. 14. When the iPhone 5 page went live yesterday in the online store, the page noted that iPhones pre-ordered online would ship by Sept. 21, The Next Web reports. That notice has been replaced by another notice, "available to ship in two weeks," in the U.S., France, the U.K., Germany and Australia.

TechCrunch reports that Apple changed its shipping estimates for the iPhone 5 just one hour after it became available for pre-order online, compared with the 22 hours that it took for the iPhone 4S to sell out in pre-order and the 20 hours that it took for the iPhone 4 to sell out in pre-order.

The iPhone is also available for pre-order through its U.S. phone carriers, AT&T, Verizon and Sprint. All three carriers report an expected delivery date of Sept. 21 for all models of the iPhone 5.

Microsoft says it has fixed security bug in Internet Explorer

Microsoft Corp said it has fixed a security bug  in Internet Explorer that hackers exploited to attack some customers.

The attacks prompted the German government and security experts to urge people to temporarily stop using the browser.

The software maker said late on Wednesday that the permanent repair to the software, used by hundreds of millions of people, would be released on Friday. A majority of Microsoft Windows users have their computers set to automatically download that update.

Microsoft spokeswoman Yunsun Wee said in a statement that "the vast majority" of Internet Explorer users had not been attacked as a result of the security flaw.

The vulnerability in Internet Explorer was identified on Friday by a Luxembourg-based security researcher. His computer was infected while analyzing a computer server used last year to launch a cyber industrial espionage campaign on dozens of chemical makers and defense contractors.

Network security firm AlienVault said on Tuesday that it had discovered three other servers that hosted malicious websites that exploited the Internet Explorer flaw. It said the latest round of attacks targeted defense contractors, not the general public.

Internet Explorer was the world's second-most widely used browser last month, with about a 33 per cent market share, according to StatCounter. It was close behind Chrome, which had 34 per cent of the market. 

Samsung begins taking Galaxy Note II pre-orders

 Samsung  has started taking pre-orders for the Galaxy Note II in India on its official e-store. Buyers are required to pay a sum of Rs 5,000 in advance to book the phablet, while the rest has to be paid within fifteen days of official launch of the device in the country. Samsung has not revealed the cost of the Galaxy Note II in the country as of now.

Galaxy Note II will be shipped on first-come-first-serve basis, depending on the timing for completing the full payment. The South Korean manufacturer will ship a free desktop dock with the Galaxy Note II for free to those who pre-order the device early. Only those who make full payment within the first three days of the launch of the phablet will be awarded the free desktop dock.

Those users who pre-order the device have to make full payment for the Galaxy Note within 15 days of launch, otherwise the booking will be cancelled and the sum of Rs 5,000 will not be refunded. Samsung will send an email to all those who made pre-orders stating the official launch of the device.
Samsung had also employed a similar pre-booking strategy for Galaxy Note 10.1 tablet and Samsung Galaxy S III smartphone in India.

The original Samsung Galaxy Note was a huge success for the company as it sold 10 million units worldwide since launch. This came as a surprise to many as its success was not a surety due to its size, as the similarly-sized Dell Streak had failed in the market.

The all-new Samsung Galaxy Note II features a 5.55-inch HD SuperAMOLED touchscreen and runs Android 4.1 (Jelly Bean), the latest edition of Google's mobile operating system. It is compatible with the S Pen, a stylus, and comes with pre-installed apps like Air View, Popup Note and Popup Play. The device is powered by a 1.6GHz quad-core processor with 2GB RAM and comes with 16GB of internal storage, with support for microSD card of up to 64GB capacity.  

Wednesday, 19 September 2012

Google searches for SMBs ignored by Indian IT companies

Google searches for SMBs ignored by Indian IT companies like Infosys, Wipro

Google is eating into the market of Indian IT services providers by aggressively selling its products and technology solutions to small and medium businesses, which are estimated to spend $15 billion (Rs 80,000 crore) on technology by 2015.

From word processing and email to storage and enterprise search, Google is using every tool in its armoury to get the business of SMBs, some 1,000 of whom are already on its client roster. Operating in India since 2008, Google counts VoltasBSE 0.12 %, Yebhi, Nilkamal, Hiranandani and India InfolineBSE 3.16 %among some of its wins in the space.

Working with hundreds of local reseller partners, Google is venturing into a multi-billion dollar market neglected by home-grown technology services companies such as InfosysBSE 1.45 %, WiproBSE -3.79 % and Tata Consultancy ServicesBSE -3.02 % who prefer big contracts from large enterprises.

"Wearing so many hats and often without an IT team, SMB owners don't want the headache of setting up a complex solution they'll have to keep up," said Jeanne DeWitt, head of Google Apps SMB Sales, Japan & APAC. "They just want something that works so they can concentrate on running their business."

DeWitt declined to share Google's SMB sales in India.

India is estimated to have around a million SMBs, segmented into micro (1-10 employees), small (10-100 employees) and medium-sized (100-1000 employees).

"Google's sales and alliances team is aggressively chasing the market, adding customers and building partners," Jaideep Mehta, vice president and country manager at technology market researcher IDC India. "What really differentiates Google from a larger company is their approach. While larger IT services firms behave like B2B players, Google is removing thin line differentiating the B2B and B2C and targeting every possible customer."

As the SMB market is typically fragmented, it calls for larger sales force or a fine-tuned channel strategy, both of which have been deterring Indian IT away from this market. However, the emergence of cloud as a platform for delivering technology solutions has given companies like Google an edge in tackling this market.

As part of an international campaign that Google is running, it launched 'India, Get Your Business Online,' which has already got 50,000 registered members till April 2012. Google expects at least 5 lakh to sign up for it by 2014, and is even offering free email addresses and Google $51 coupon (Rs 2500 approximately) for advertising on the Google network. 
Collected from: Techgig

Infosys to increase salaries in October?

In a move that will bring cheer to over one lakh employees, software major Infosys is evaluating a salary hike and this could come into effect from the third quarter, according to people familiar with the development.

The people ET NOW spoke to said that the top management is "seriously evaluating" salary hikes for employees and that imminent salary hikes has been communicated informally by senior managers to employees. Also, that expectation is running very high internally on these possible hikes.

In an e-mail response to ET NOW, an Infosys spokesperson said, "We do not comment on rumors and speculation. Our decision on salary hikes remains deferred. As we have communicated earlier we will continue to review this on a quarterly basis."

Infosys is the only company among large cap and mid cap software firms which hasn't hiked salaries so far, because of the uncertain business environment. It, however gave out promotions-linked hikes to about 16,000 employees earlier this year.

Analysts ET NOW spoke to said that if Infosys decides to give out hikes, it would have a 220-250 basis points impact on margins, something that most analysts are already factoring in.

One analyst tracking Infosys, who did not wish to be named said, "More than attrition, the company will be worried about losing employees in the CRR 1 and CRR 2 bands, which basically has the top performers. So, an expectation of a hike is running very high."

This is however, not the first time in recent years that Infosys has deferred a salary hike. During 2009, the company deferred hikes and later gave it out in the middle of the year when the business sentiment improved.

Apple iPhone 5 Breaks Sales Record

Apple said that it received over 2 million advance bookings for iPhone 5 within the first 24 hours of pre-orders. This is double the number of pre-bookings the company received for the iPhone 4S last year.

Philip Schiller, the senior vice president of worldwide marketing for Apple called the customer response "phenomenal."

US mobile provider AT&T said it set a sales record with Apple's iPhone 5 over the weekend, making it the fastest-selling iPhone the company has ever offered. The carrier claimed on Monday that customers had ordered more iPhones from AT&T than any previous model both on its first day of pre-orders and over the weekend.

However, AT&T did not provide the exact sales figures of total iPhones sold. The company said iPhone 5 was still available for pre-order and would be available at AT&T retail stores from September 21.

On Friday, even as the day pre-orders began, Apple's initial stocks finished within a few hours and the shipping time for the device was extended to October instead of a week. And even though Apple iPhone 5 will be available in stores on September 21, a few buyers have already started lining up in front of the company's store on New York's 5th Avenue a week in advance. Technology website CNET has reported that people with heavy coats and sleeping bags were seen standing outside the retail outlet, popularly known as the Cube. Similar was the case at Apple's store on Regent Street in London to buy the iPhone 5 where some buyers have been already camping to buy the iPhone 5.

Apple is expected to sell approximately 10 million units of the iPhone 5 in September itself. Its arch rival Samsung's flagship Galaxy S III took around two months to reach the same milestone.

In August, Samsung Galaxy S III outsold Apple iPhone 4S in the US market for the first time ever in the previous quarter.

Collected & Contributed from: Techgig