According to recent reports, the number of users filing tax returns online this year has increased by almost 80% as compared to last year.

Google has suspended the Street View project in India after it received a letter from the Bangalore City police commissioner expressing concerns about the threat Street View poses to vital military installations in the city.

Facebook developers from India will be able to charge users for in-app purchases using Facebook Credits from July 1, 2011. Supported payment methods include Mobile payments (Boku), MOLePoints, Moneybookers, Western Union QuickPay.

LinkedIn – the social network for professionals is seeing a fast growth in India. The company recently did it’s IPO and what could be a more better news than hitting the landmark of 10 Million registered users in India.

Bharti Airtel has introduced high speed broadband internet plans for tier-1 and tier-2 cities in India. The best part about these new plans is that they cost less, have high data download limits and have minimum data speeds of 2mbps in Tier-1 and 1mbps in Tier-2 cities.

Google has announced the debut of “Street View” in India starting from Bengaluru after which the service will be extended to other major Indian cities.

Infibeam has come up with a new offering called the BuildABazaar on the lines of Amazon’s Affiliate Stores. With eCommerce on the rise in India, BuildABazaar will definitely help entrepreneurs to try their hands at selling stuff online without requiring to get familiar with the much needed tech jargon behing running such e-stores.

BSNL has slashed the prices of it’s Internet Data cards with the standard data card costing Rs. 400 less than the earlier price of Rs. 2000. The 3G Triband data card will also cost lesser by Rs. 500.

Indiaballot.com is a website that features full reports and results of current Assembly elections in India and has detailed analysis of alliance wise, district wise and constituency wise information of political parties in India.

Sourcebits Technologies, the company behind famous iPhone applications such as Skyfire and Night Stand has raised it’s first round of funding of $10 Million. The company also posted it’s revenue for the year 2010 – 2011 and the figures stood at US$ 6.5 Million.

MTNL (Mahanagar Telephone Nigam Ltd.) has partnered with Bharat Berry to provide it’s customers in Delhi and Mumbai with various services such as Push Mail, Calendar and Contacts Sync at modest prices of just Rs. 50 per month.

Info Edge India – the founders of India’s most successful job portal Naukri.com has invested $3.5 Million (close to 15.75 Crore Indian Ruppees) in 99Labels.com – an online private fashion sales portal.

The broadband internet scenario in India still reports a sad state. There has been an overall decrease of 9.1% in internet connection speeds in the year 2010 as compared to the previous year.

Reliance communications has announced the launch of mobile banking services for its GSM subscribers in collaboration with the State Bank of India(SBI). Users will be required to dial a shortcode in order to access the banking services from their phones.

Reports have started pouring in that CCAvenue, India’s largest payment gateway has been hacked and all the administrator passwords of various merchants using CCAvenue has been stolen in the process.