BBC World News will shift its operating base to India in April as the world’s most populous democracy goes to the polls to elect its new Parliament, said Jim Egan, CEO of BBC Global News said today. “We will also be bringing BBC trending from India,” said Egan, talking at the annual FICCI Frames conference. […]
Firstpost.com was born due to the global financial crisis of 2008, Raghav Behl, founder of the Network18 group said. Speaking at the annual FICCI Frames conference, Behl said his group was preparing to launch a newspaper in 2008 when the global financial crisis struck. “Then we thought, why go into an old medium…but we wanted […]
The digital advertising market in India grew by 39% to Rs 3,000 crore, or about $600 mln, in 2013, and would grow by 37% in 2014 to reach Rs 4,120 crore, according to a KPMG FICCI report on the media and entertainment sector in India released today. Mobile advertising was a relatively small part of […]
Continuing its promotion schemes, SpiceJet Ltd today announced the Super Holi Sale, a five day offer applicable on bookings made between 12th March and 16th March 2014, for travel between 14th April and 30th June 2014. Fares start from Rs. 1999/- all inclusive on select routes and flights, SpiceJet said. Lowest fares are for bookings […]
The National Association of People’s Movements, headed by Medha Patkar, has condemned the midnight arrest of firebrand Assamese leader Akhil Gogoi and said it supports the street protest against the move. On 2nd March, 2014, Akhil Gogoi, one of the leading figures of the KMSS, was picked up from his residence in early hours of […]
Oil and Natural Gas Corp (ONGC) Ltd has denied an Economic Times report that said that quoted company officials as saying ONGC was under pressure from the government to act on concerns that Reliance Industries Ltd could have pumped out gas from a reservoir belonging to ONGC in Krishna-Godavari Basin. ONGC said it had certain […]
The Telecom Regulatory Authority of India has, for the third time, recommended to the government to charge a decent amount of price for the 800 MHz spectrum that it is about to sell to CDMA, or other, operators next month. It suggested a 50% increase in reserve prices for the 800 MHz spectrum compared to […]
A new BBC survey has underlined the importance of mobile phones in content consumption – especially news, and shown that Indians are ahead of others when it comes to using mobile phones for productivity purposes. The study, carried out among 6,000 smartphone owners in Australia, Germany, Sweden, India, Hong Kong and the US, found that […]
Infosys Ltd released a statement quoting the executive director of United Bank of India as saying that there ere no inherent deficiencies in Infosys’ banking software Finacle. United Bank had blamed the software for miscategorizing healthy accounts as non-performing assets earlier this week. Finacle has “inherent deficiencies to correctly identify NPA in certain categories of […]
With many news channels turning into ‘noise channels’ in their race for TRPs, media and communication professionals need to introspect over the need for responsible communication, experts at a conclave said. Participating in deliberations in the two-day Global Communication Conclave that concluded last night here, media and communication professionals raised questions relating to journalistic ethics […]
The spectrum auction is shaping up better than the government expected, and a new milestone has been crossed — the price of 900 MHz spectrum has crossed that of the 3G spectrum that was auctioned in 2010. As of Saturday evening, the price of a 5-MHz block of 900 MHz spectrum in Delhi was Rs […]
It was much speculated whether the increase in mobile call tariffs over the last nine months would be beneficial or harmful for the telecom industry. The version that the telecom industry sold us was that it would be beneficial, as there was very little ‘elasticity’ in demand. Low elasticity means that even if the price […]
Telecom services provider Bharti Airtel announced changes to key personnel for its Africa operations. “The announcement follows a new structure of Airtel’s operations in which all operating countries will now be clustered into four Strategic Business Units (SBUs) whose leaders will report into the MD & CEO – Africa with effect from 1stApril 2014,” it […]
Bringing the promise of relief to millions of suffering telecom subscribers, the Department of Telecom today clarified that private companies do not enjoy any immunity from prosecution at district consumer forums as has been argued by them so far. The Department of Telecom today said that private companies do not qualify under the definition of […]
The National Spot Exchange Ltd, caught up in allegations of rigging at its cash commodities exchange, alleged that the auditor Chokshi & Chokshi, appointed by the regulator, overstepped its terms of reference while drawing up its final report. NSEL said it was yet to get a final copy of the report, which has hit media headlines […]
In a departure from previous practice, Reuters, the venerable wire agency, has started putting out exclusive content on its website, Reuters.com, in an effort to differentiate the website from others. The wire agency, run by Canada-based Thomson Reuters Corp, is trying to adapt to a new web-oriented media world where the cost of distribution is […]
BSE’s upcoming platform for small and medium enterprises, BSE SME, has got its 45th stock listed today – that of Mumbai-based Suyog Telematics Ltd. Suyog had raised Rs 4.53 crore in its IPO at 25 per share on January 7. The stock listed today, and will be traded at a lot size of 6,000 shares, […]
18 percent of all IT outsourcing contracts will have elements of ‘as a service’ or ‘utility’ billing model this year, according to a survey of the IT Outsourcing (ITO) companies by Gartner, the World’s largest IT research agency. This will rise to 24% in 2012, according to the same survey. It also found some IT […]
After terrain, traffic, landmarks, routes, shops, petrol-pumps etc., Google has now added a ‘weather’ layer to its Google Maps service. Like the other ‘layers’, this one too has to be enabled by clicking and choosing a menu of display modes from the top right corner of the map window. The information displayed at present include […]
Nearly 1 in 20 drugs sold in India is of subs-standard quality or downright spurious, according to the latest numbers from the health ministry. According to them, the out of the 49,682 samples of drugs tested during the just concluded financial year (2010-11), 2,372 turned out to be below the required quality. Another 95 samples […]
