Reliance Jio could corner 20% of mobile data market by 2017-18 – report

Reliance Jio Infocomm could overtake Anil Ambani’s Reliance Communications in revenue over the next four to five years and corner 11% of the total wireless market, an analyst with a prominent global financial group has predicted.  By the 2017-18, Reliance Jio and Reliance Communications would have very similar mobile voice revenue market share, at about […]

General Elections 2014: Minority consolidation to help Congress retain Kerala seats

The vote share of the Congress Party-led United Democratic Front will fall by 3% in the upcoming general elections 2014 in Kerala, while that of the Left Democratic Front will remain the same compared to 2009 – according to an opinion poll by Asianet News network and research firm C Fore. The Bhartiya Janata Party […]

New Norms to Make Indian Telecom Mergers & Acquisitions Costly

The department of telecom’s decision to maintain a key clause about spectrum pricing in mergers and acquisitions will make such deals costly for both parties and has dampened industry enthusiasm considerably. In its announcement of guidelines for mergers and acquisitions for Indian telecom companies, the DoT has said that even if a company got its […]

India needs to move from services to software products now: KPMG

The share of Indian companies in the global software product market can rise from about 0.5% at present to 18% by 2020, a new report by KPMG and Nasscom said. Indian IT companies need to adapt their business models to incorporate more and more revenue from products, platforms and other intellectual property, KPMG said, adding […]

Mouthshut complains of wrongful blocking by ISP

Mouthshut.com, an online consumer-review service, has decided to approach the Telecom Regulatory Authority of India (TRAI) and Department of Telecommunications (DoT) as Hyderabad-based ISP Beam Fibre blocked the consumer-review website, MouthShut.com. According to Mr Faisal Farooqui, Founder & CEO, MouthShut.com, the company got in touch with the nodal officer of Beam Internet, who confirmed the […]

Vodafone India unveils new free data migration service

Vodafone India, one of India’s leading telecommunications service providers, launched a new service that facilitates secure data transfer, especially pictures, videos and documents, from one mobile handset to another. Called the Vodafone Red Box Service, the service is available at any Vodafone RoTo (Retail of Tomorrow) stores in Mumbai. The Red Box facilitates easy and […]

Persistent Systems delivers another strong quarter

Persistent Systems reported another strong quarter, with 2.2% quarter-on-quarter growth in dollar revenue and 5.6% rise in profit after tax. The company, which provides software product related services, is one of the few that has lived up to Street expectations, especially in the mid-cap IT space. “We have delivered another strong quarter with 3.8% Q-o-Q growth in […]