Glitches in Indian Income Tax Department Software

These glitches have stopped processing of refunds to the tune of $3.5 Billion. The shameless department of IT says that it takes time to stabilize the software. Jeez!!! Fire the company who developed the software and hand it over to some CMM level 5 company.

Via ET

Indian Indices Hit Record High

The Indian stock market Indices have hit a record high in Todays trading. Though it made the Intra-Day high on friday itself, it couldn’t close above 15,000. Currently its hovering around 15,027.