Construction firm Larsen & Toubro said it has won a large deal — worth Rs 2,500-5,000 cr — to create a monitoring and management solution for Indian Army’s pan-India fiber-optic communications network. The network, part of India’s network for spectrum project, was envisioned almost ten years ago as a way for the armed forces to […]
The first case of COVID-19 in India was reported 67 days ago on January 30 in Kerala. It was only after 55 days that India imposed a countrywide lockdown to prevent the virus from spreading. In those 55 days, the Coronavirus infected around 500 people — at an average rate of 9 new infections per […]
Maharashtra has emerged as the lead state in India as far as Coronavirus infections are concerned, going by an analysis of the details of state-wise COVID-19 cases in India (see table). While the numbers are changing every hour, as of April 3 Friday, Maharashtra continued to remain on the top with 423 cases and 21 […]
Prasar Bharati has set up a committee to explore an alternative way of allowing private TV channels to use its DD Free Dish DTH service without going through an auction process. Traditionally, private channels have to pay crores of rupees per year if they want to get a slot on the free satellite broadcasting (DTH) […]
Four pay channels — Star Utsav, Zee Anmol, Colors Rishtey and Sony Pal — are likely to go ‘free to air’ for two months from today. These channels had earlier been put in a ‘promotional scheme’ while remaining pay channels, with their prices slashed from Rs 1-2/month to Rs 0. This was intended to increase […]
A day after Uttar Pradesh government sent dozens of buses to transport migrant workers from Delhi to their hometowns, migrant workers in Kerala defied the Coronavirus lockdown to hold a massive protest in Payippad in Changanassery in Kerala. Hundreds of outstation workers belonging to states like Assam, West Bengal, Orissa and nearby regions came out […]
Chief Minister Pinarayi Vijayan today said the state government will not condone any behavior by police officers that crosses the line of acceptable and civil behavior, after a video of an IPS officer administering a ‘traditional punishment’ came up. The traditional punishment, known as ‘ethamidal’ in Malayalam, used to be quite popular during feudal era […]
Several video-on-demand services in India, including Youtube, Hotstar, Tiktok, Netflix, Amazon Prime Video and Zee5, have decided to suspend the streaming of high-definition content as long as the Coronavirus lockdown is in place. They will continue to offer HD content on wired broadband, such as fiber and copper networks. The move is to prevent the […]
Malayalam Superstar Mohanlal expressed frustration at the high number of people who are refusing to heed government’s instructions on combating Coronavirus, and compared community clapping to magic that can destroy bacteria and viruses. “It won’t do to just say that we are not used to [such restrictions],” Mohanlal said in an interview with Malayalam channel […]
The latest COVID 19 numbers coming Italy and France — the two western countries that have put the strongest ‘social isolation’ measures in place — provide hope and a way out for countries such as the US, UK and Germany, as well as for the global financial markets. According to the latest data on the […]
Stock markets extended their losses on today, with the Nifty 50 falling by around 2.5% to 8,967. Among the biggest drags were ICICI Bank, which fell nearly 9%, indicating that large, foreign portfolio investors are exiting their long positions in the market. With this, the Nifty 50 index is now down 27.5% from its all-time […]
Stock market indices, including India’s Sensex and Nifty 50, are likely to find their short-term bottom today, after a savage correction on Monday in both the Indian markets as well as US markets. The Dow Jones Industrial Average suffered another massive setback on Monday, dropping by a massive 13% to 20,188. With this, 30-stock US […]
Major Indian stock market indices fell by 8-9% today in the biggest single-day fall since the global financial crisis of 2008. The Sensex fell 2,919 points (8.2%), while the Nifty 50 fell 868 points (8.3%) — by far the biggest single-day points correction in the history of these two indices. GOOD TIME TO INVEST? The […]
In what has to come as a major disappointment to big cable operators in the country, the Kerala High Court has given an interim green signal for TRAI to apply nearly all the provisions of the tariff order as it continues to hear the case. Earlier, it had asked TRAI not to take any punitive […]
Reliance Jio, the country’s largest telecom operator by size, said attempts to increase telecom tariffs have failed due to competitive actions by rivals, and asked TRAI to intervene to raise data prices. Traditionally, it is Jio’s rivals such as Bharti Airtel and Vodafone Idea which make such allegations. Responding to a TRAI consultation paper on […]
Dixon Technologies, which commenced making smartphones for Samsung in India in November, has expanded its relationship with the Korean company to now make flat-panel TVs in India for the Korean giant. Dixon is a contract designer and manufacturer of electronic and lighting goods, including LED bulbs, washing machines, TVs and mobile phones. It is famous […]
Vodafone Idea, one of India’s biggest telecom operators, today said that the dues that it has to pay pursuant to a recent Supreme Court decision works out to Rs 21,533 cr. This is about 60% less than the Rs 53,000 cr that Department of Telecom has calculated. “Following the approval of the Board of Directors […]
Ministry of Communications, Government of India today said that it was not aware of any speculations or reports about telecom operator Vodafone Idea shutting down its operations. This was stated by junior telecom minister Sanjay Dhotre when Member of Parliament Pratima Mondal sought government of India’s reaction to reports about the company being forced to […]
Vodafone Idea, an operator that is struggling to stay afloat, seems to have finally decided to abandon its long-held strategy of allowing Reliance Jio to undercut it on prices and lure away its customers. For the last four years, Vodafone and Idea always allowed Jio to price its offerings lower, thus helping the Mukesh Ambani […]
Airtel Digital, one of the top television channel distributors in India, has partially complied with TRAI’s tariff order as amended on January 1 this year. The company has complied with some provisions of the rules, such as reducing the network charge for up to 200 channels, while compliance with other parts of the tariff order […]
