Reliance Industries refused to deny or confirm media reports about its telecom unit Jio being in talks to acquire cable operator Den Networks. Shares of Den Networks, one of India’s largest cable networks, are up 6.2%, having opened higher on the news. “We are unable to comment on media speculation and rumors and it would […]
Idea Cellular CEO Himanshu Kapania said sector regulator TRAI was forcing telecom operators to shut down their older networks as it pushes for the adoption of newer technologies, seeking urgent intervention from the government. Kapania said the move towards phasing out of older technologies could have a negative impact on connectivity, especially in areas like […]
Motilal Oswal Real Estate (MORE), the real estate arm of Motilal Oswal Private Equity said it raised Rs 1,030 cr under its India Realty Excellence Fund III. The strong inflow suggests continued investor appetite for investments into companies dealing in this sector despite a slowdown. MORE till date has invested capital in the real estate […]
IT services provider Infosys said it now offers a private cloud solution built using SUSE Linux and Openstack. The solution will make use of Openstack cloud and datacenter solutions developed by Germany-based Micro Focus SUSE. Infosys and Micro Focus SUSE have jointly invested in a center of excellence to develop validated reference architectures, accelerators and […]
Reliance Jio, the country’s largest internet service provider, will unveil a new tariff plan for iPhone 8 users that will offer 90 GB of 4G data for Rs 799 over a 28-day period, media reports said. That works out to Rs 8.88 per GB, which is almost half the rate valid for a comparable non-iPhone […]
The National Stock Exchange has again sought a clarification from NDTV after the Indian Express reported that SpiceJet promoter Ajay Singh was now the biggest shareholder in the media company. UPDATE: NDTV has denied the rumors. According to the newspaper, Singh has acquired a 60% stake in the media company, restricting existing promoters led by […]
Google was forced to enter the smartphone hardware business as makers of Android smartphones have largely failed to develop a product that can compete against the iPhone, an industry expert said, adding that the result of union could rival what Apple has to offer. “With tighter control on Pixel, Google will now focus on making […]
Central Government will give up to Rs 2.5 lakh as interest subsidy for people who take home loans to purchase their house under the Pradhan Manthri Awas Yojana, said Minister of Housing & Urban Affairs Hardeep Singh Puri. He also revealed plans to hand over government land to private builders as part of the scheme. […]
As expected, incumbent telecom operators have expressed their disappointment with the regulator going ahead with cutting the interconnect charges paid by one operator to another at the time of handing off internetwork calls. The operators are likely to approach the government and the court against the move to reduce interconnect charges to 6 paise per […]
Operators such as Bharti Airtel, Vodafone, BSNL and Idea Cellular are likely to cut call tariffs for 2G and 3G users after TRAI decision to cut ‘termination charges’ to 6 paise per minute from 14 paise. More importantly, the bet that Mukesh Ambani placed by making voice free seems to be paying off as his […]
The Telecom Regulatory Authority of India has asked Anil Ambani-led Reliance Communications to generate unique porting codes for all its 43.62 lakh GSM subscribers in Gujarat and send it to them by SMS. It has also granted an exemption to the 90-day lock-in rule for new customers who joined RCom or those who ported into […]
IT services provider Wipro said it has been awarded a seven-year contract by European energy company Innogy SE to manage their data center and cloud services. Wipro will help the company, which focuses on renewables, grid & infrastructure and retail, to rationalize, virtualize and consolidate their IT infrastructure, the Indian company said. The Bangalore-based firm […]
Even as Reliance Jio continues its slow move towards ‘full pricing’ of its services, rival Idea Cellular has taken a step towards increasing promotional 4G pack prices across its tariff cards. While the operator was offering 1GB data per day for 84 days at around Rs 400 in key 4G states, it has now increased […]
Idea Cellular said it has now achieved 3G or 4G penetration for 50% of its cell-sites. “Idea added nearly 50,000 broadband sites over the last 12 months period ending August ’17, growing its broadband footprint to cover 5,888 Census towns and nearly 105,755 villages, reaching out to 45% population of the country,” the company said. […]
Tata Consultancy Services launched its artificial intelligence-based IT repair and prevention solution, ignio, in Japan. “When System outages occur today, businesses dedicate vast resources to rectify the problem. Oftentimes, multiple teams are called together to identify the root cause and devise resolution plans. “This can take Several hours and sometimes days. ignio” is able to […]
Reliance Communications said it has asked subscribers in Gujarat to move to its 4G network as its 2G spectrum in the state is expiring at the end of this month. “The Company has initiated migration of its customers in Gujarat circle to an all 4G network, prior to expiry of 2G spectrum in that circle […]
Vodafone today introduced an unlimited roaming pack for Indian users in 18 countries priced at Rs 500 per day or Rs 5,000 per month. Both incoming and outgoing calls as well as data usage will be free. “We launched our flagship unlimited international roaming proposition for USA, Singapore and UAE in April, and are now […]
The Union Cabinet today gave its approval for hiving off mobile tower assets of Bharat Sanchar Nigam Limited into a separate company owned by BSNL. While the move, is not of that big a significance in itself, it is crucial from the perspective of what could come next. It is believed that the move to […]
IT services provider Wipro Limited said it has established a center for automotive technology in Timisoara, Romania to focus on embedded solutions such as in-vehicle entertainment, cluster display, telematics, connected cars and driver assistance systems. The company plans to hire experienced technology professionals and engineering graduates from top universities in Romania. The center will be […]
Bharti Airtel launched its Voice over LTE (VoLTE) services today, starting in Mumbai, and said call charges will remain the same. Airtel VoLTE, which works over 4G, will offer customers HD quality voice calls along with faster call set up time. “Airtel VoLTE will be available on popular 4G/LTE enabled mobile devices, which must have […]
