Category Archives: Technology

Wal-Mart Might Not Function Under Its Name in India

It has been revealed in a recent report that Wal-Mart might not be able to function under its brand name from now on. This was recently revealed as the brand is ready to launch its operations in India. It was revealed by Rajan Bharti Mittal, from MD Bharti enterprises that when the brand comes to India, it will be adopted in an Indian model and will be named according to the specific requirements of the Indian markets.

Wal-Mart is a huge chain of enterprises primarily from the US and functions in a few other nations as well. It is the first tie it is entering the Indian retail market, due to huge potential in the country. It is a matter of time to see how the shopping fanatics of the country will find solace in this world renowned brand and will make it an instant hit in no time.

For now, it is functioning in countries like Mexico, Japan and a few other nations, under different names, suiting the needs of those nations.

“Our partnership with Wal-Mart will take a natural progression and we will start having a dialogue on how to take it forward keeping in mind the fresh development on FDI”, revealed Mr. Mittal. It was further added that they hope the firm will bring great success to the nation’s retail business and will work well for both the partners.

Wal-Mart sure wants to be functioning under their own brand name in India, but time will tell what is more suited according to the needs of the Indian markets, and then the decision will be taken accordingly. Many know about the huge brand name but many still don’t. This might be one of the contributing factors towards making a decision.’

Francis Maude Announces Joint Cyber Unit

As an attempt to save the United Kingdom from the continuously increasing threat of cyber crime the Cabinet Office Minister, Francis Maude, has announced some plans yesterday. In addition, the minister notified to open a latest Joint Cyber Unit at the Government’s GCHQ eavesdropping centre as an attempt to widen the country’s military ­capability in cyberspace as well.

The move is believed to have a significant influence from the biggest threat of Chinese “cyber warriors” where a group of notorious hackers in the Chinese army is alleged to steal millions of pounds of industrial secrets from several European companies.

Consequently, on Friday, the minister has revealed the newly outlined cyber security strategy. Under the spell of the move some top secret technologies created at the government’s giant eavesdropping centre GCHQ are entitled to be offered to private industries.

“Up until now, some of the clever things that have been developed have just sat on a shelf. GCHQ may not know how to use it, but private companies may be able to”, notified a Whitehall source while insisting for the need of feasible environment. In addition, the source has notified that the GCHQ will be serving as a clearing house for any acknowledged information.

Sources have confirmed that the authorities have invested more than £650m for establishing the police cyber crime unit and expressed confidence that the move will surely play a key role to minimize the cases of criminal gangs, hostile states, and terrorist attacks as well as other anti-social activities.

Mr. Maude notified that the suggested cyber crime unit will be starting to perform its operations soon, most probably by 2013, and will be acting as a part of the National Crime Agency. Further, he notified plans that can enable the police to make best use of existing powers.