Reliance Communications is fast emerging as the biggest beneficiary of the approval of spectrum sharing guidelines, though Vodafone and Bharti Airtel — which obtained 3G spectrum earlier this year — could also benefit big time. According to a report in the Economic Times, Reliance Jio and Reliance Communications will take advantage of the new rules […]
SWIPE, the Indian smartphone brand, has brought out its own version of Android called Freedom OS, adding features like 100 GB of cloud storage. The operating system will make an appearance on SWIPE ELITE – the company’s upcoming Android phone that is going to be sold exclusively on Flipkart.com from 19th August 2015. Features of […]
Jet Airways, one of India’s top airlines, is offering a 30% discount on its fares under special independence day offers. The discount is not applicable to taxes and charges like airport usage fees and will be available from August 10 to 14, for travel between September 10, 2015 to April 14, 2016. AirAsia too has […]
The Indian Real Estate sector is starting to unravel with prices having fallen 7-18% in India’s large cities over the past year, Ambit Capital said in a report. “In Delhi, our meetings with businessmen who live in south Delhi suggest that prices in this prime part of Delhi are down 20-25% over the past year […]
Department of Telecom’s Committee on Net Neutrality said the use of data packs by consumers to make voice calls amounted to bypassing “existing licensing and regulatory regime”. The committee therefore said that such a state of affairs must be rectified. It did not specify how consumers were “bypassing regulations” by using their data packs for […]
Reliance Communications and Sistema Shyam Teleservices (MTS) announced that they were in exclusive discussions to merge their operations. While this was seen as being in the works, especially after a recent statement by Sistema’s Dmitry Shukov, analysts are saying that this merger will be a win-win for both parties. “If they can merge, then it […]
NDTV, one of India’s biggest TV groups, has signed term sheets with unnamed investors under which they would explore the possibility of supporting NDTV’s entry into the ecommerce sector, the company said. “The Company and NDTV Convergence Limited, a subsidiary of the Company, have signed preliminary, non-binding term sheets with certain potential investors for e-commerce […]
Broker Credit Suisse said most Indian telecom companies have absorbed the impact of higher service tax on their accounts, instead of passing it on to customers by raising the price of vouchers. “Our quick checks on tariff changes over the last couple of days suggest that telcos have largely absorbed the recent increase in service […]
Bharti Airtel, India’s biggest telecom company, will raise funds by issuing ten-year, dollar-denominated bonds, the company said in a statement. The bonds are expected to be listed on the Singapore Stock Exchange, it said. They will be senior debt, but will be unsecured against the company’s assets. Bharti Airtel recently completed a long-drawn spectrum auction […]
One of the questions any investor in Internet stocks must come to terms with is the future of Google Inc (NASDAQ:GOOG), and how it will be impacted by the rise of Facebook Inc (NASDAQ:FB). Should you bet on the search giant or the social networking giant? Can Facebook ever be as good as Google in […]
Uninor beat bigger peers by adding a total of 1.17 mln subscribers, translating to a month-on-month growth of 2.6%, in April. In terms of the absolute number, however, Uninor was third, after Bharti Airtel and Idea Cellular, in the month. In all, a total of 6.35 mln subscribers were added during April, a slight decline […]
Rupert Murdoch-owned Start India – one of India’s biggest broadcasting companies – has come out strongly against the Indian telecom regulator’s move to let telecom operators side-step the so-called net neutrality principles in the country. UPDATE: Airtel Digital has removed all Star channels from all its packs. Bharti’s Airtel Digital removes all Star India channels […]
Idea Cellular has warned that companies like itself will have to raise data prices to 108-250 paise/MB (Rs 1,105-2,560 per GB) if government imposes net neutrality on wireless providers. This would required as voice call rates will fall to 7.5 paise per minute if net neutrality is allowed in the current situation, Idea Cellular said. […]
New benchmark scores for MediaTek’s implementation of ARM Holdings’ latest core design indicate that MediaTek and ARM are likely to have potential chips suitable for notebooks, servers and even desktop PCs by the end of this year or early next year. These chips would be potentially more powerful than those found in the new Apple […]
Tata Consultancy Services Ltd seems to be on track to report a disappointing full year. The company warned in an analyst meet that its revenue would be impacted by foreign exchange movements. However, such cross currency movements are unlikely to affect its profits much. At its analyst meet today, TCS stated that its final quarter […]
Triumph Motorcyles, the England-based bike maker will launch its latest Tiger 800 series adventure bikes in India on Wednesday, Mar 12. Triumph Motorcycles has bikes in five category – roadster, adventure, supersports, classics and cruisers. “Whatever the road, whatever the distance, whatever the challenge, the new Tiger 800 range has been built to excel,” the […]
WhatsApp, the most widely used instant messenger in India, has added a much-awaited feature to the latest version of the app – support for use of WhatsApp on a PC. With the latest version that is available in the Google Play store, users can simply open the main menu, touch ‘WhatsApp Web’, hold the phone […]
Not surprisingly, the Information Technology sector in India has turned out to be the most lucrative from the perspective of salary, paying its employees an average of 341.8 rupees per hour. At 9 hours per day and 22 days in a month, that works out to a median salary of Rs 67,518 per month, according […]
With more than 3,000 tech start-ups, India is the fourth largest base for young businesses in the world and it is expected that by 2020 the base will increase to 11,500 tech start-ups, Nasscom said in its “Tech Start-up in India: A Bright Future” study today. The report, created in association with research firm Zinnov, […]
Rahul Khullar is IAS officer with an excellent reputation in Delhi circles. He’s reputed to be honest, frank (even blunt) and very efficient. But the TRAI chairman’s latest suggestions on Bharti Airtel’s separate-billing-for-VOIP data scheme do not paint a full picture of the situation. In an FE interview, he seems to have made broadly two […]
