Bharti Airtel was forced to slash its data price by half to about Rs 60 per GB in the April to June period of 2017, the latest numbers revealed. In contrast, Bharti Airtel was charging around Rs 125 per GB in the three months from January to March of this year. A year ago, it […]
The latest entrant to India’s telecom market, Reliance Jio, has announced an unprecedented offer — a 4G enabled phone with support for apps and videocalling for free. According to Mukesh Ambani, customers do not have to pay anything for the phone as the cost of the phone will be returned to the buyer when he […]
Reliance Jio chairman Mukesh Ambani announced the JioPhone, which aims to bring smartphone features to the candybar form factor. The phone will be given to anyone if they deposit Rs 1500 with the company. The user will get the Rs 1500 back when the device is returned after 36 months. “Net net, you pay nothing […]
Reliance Jio chairman Mukesh Ambani announced the JioPhone, which aims to bring smartphone features to the candybar form factor. The phone will be given to anyone if they deposit Rs 1500 with the company. The user will get the Rs 1500 back when the device is returned after 36 months. “Net net, you pay nothing […]
Mukesh Ambani, chairman of Reliance Jio will make a ‘significant announcement’ about the 4G wireless service provider’s offerings at 11 AM on Friday while delivering his annual speech at its parent’s annual general meeting. A live webcast of Mukesh Ambani’s speech at the AGM, at which he is expected to announce the launch of ultra-cheap […]
India added only 827 megawatt of solar power generation capacity in the first three months of the current financial year, indicating a slow start to the yearly program. The addition of the first three months represents only 8.27% of the 10,000 megawatt that it is supposed to come online this year. According to India’s ambitious […]
The Supreme Court has refused the request for an early listing of a petition that questions permitting descendants of people who migrated to Pakistan to come back to India. The petition seeks the quashing of the Jammu and Kashmir Rehabilitation Act of 1981 that would give the right of return to anyone who moved to […]
Netflix, the world’s biggest distributor of movies, ranked Mumbai-based 7 Star cable network and Spectranet, which offers fiber broadband in several cities, as the fastest networks for prime time usage. The average speed available to Netflix was 2.77 Mbps on 7 Star cable and 2.69 Mbps on Spectranet in June, the movie streaming company’s ratings […]
With Reliance Jio raising the price of its 1GB-per-day pack from Rs 309 to Rs 399, Idea Cellular has managed to beat the new operator in this segment, though not by much. Idea Cellular offers 1GB/day for 84 days at Rs 397, making it cheaper by 2 rupees. Though Idea’s scheme is not listed on […]
Most Reliance Jio 4G users have to recharge their phones by Friday, July 14 to continue uninterrupted service. This because the current offer — Summer Surprise or Dhan Dhana Dhan — came into effect on April 16, and will complete 90 days by Friday. The Summer Surprise plan had a validity of 90 days and […]
India’s biggest wireless data provider Reliance Jio unveiled a new set of plans as it continues to migrate its customers towards paid plans. The key difference between the new plans and the previous Dhan Dhana Dhan offer is that the new plans offer double validity for the recharges, while the earlier plan offered triple validity. […]
Today marks the last day of telecom operator Reliance Jio’s Dhan Dhana Dhan promotional offer that triples the validity of 4G recharges on its platform. The offer was unveiled as a promotional scheme on April 11, and according to the law, promotional schemes can be valid only for a period of 90 days, which expires […]
Telecom operator Reliance Communications said companies in the sector are facing cash flow issues due to what it called a ‘go slow’ approach taken by banks in disbursing loans. In an update on its ‘standstill agreement’ with its lenders, which provides it a window of seven months to complete a merger with local units of […]
IT and outsourcing services provider Wipro said it will use students at Israel’s largest university to jointly conduct research into artificial intelligence. The company inked an agreement with Tel Aviv University, Israel’s largest institution of higher learning which is home to over 30,000 students studying in nine faculties. The two will create a joint research […]
Reliance Communications launched a virtual private network service over its 4G service for the use of businesses. VPNs use software to create a virtual tunnel between two or more end points on the Internet. Since these are not a real private networks — which would require dedicated connection between different end points — they offer […]
Larsen & Toubro Deputy Managing Director and President S.N. Subrahmanyan has taken over as CEO and Managing Director with effect from today. He has been on the company’s board since 2011 and was named the new CEO in April this year. At the meeting on April 7, 2017, the company’s director board had also requested […]
Crisil, the Indian credit rating agency controlled by Standard & Poor’s, said it acquired an 8.9% stake in competitor CARE Ratings Ltd. It said it purchased the stake from Canara Bank Ltd for Rs 435 cr, or Rs 1,659.79 per share. A total of 26.22 lakh shares were acquired. “The investment has been made pursuant […]
Ratings agency Fitch said the string of farm loan waivers announced by various Indian states could impact the financial profile of the country as a whole. The agency, however, did not directly say that the moves could lead to a downgrade in India’s credit rating, which would increase the cost of borrowing for both government […]
Rupert Murdoch’s News Corp announced yet another acquisition in India with the agreement to purchase Bangalore-based GyanMatrix Services Private Limited. The company, which provides software solutions for media and publishing companies, will be renamed News Technology Services, and be significantly scaled up. The News Corp team came in touch with the Gyan Matrix as part […]
Infosys Chief Executive Officer Vishal Sikka said his company was not overwhelmed by the problem of automation and that it is trying to retrain its staff displaced by automation. Sikka was responding to a question on ‘what happened to the 11,000 employees’ displaced by automation at the sidelines of the World Economic Forum at Dalian […]
