Keeping the volatile market conditions in mind, said Vodafone, there would be no initial public offering of its Indian units’ shares this year. Vodafone said it intends to proceed with an IPO of Vodafone India as soon as market conditions allow. “We do not expect this to take place during the current financial year,” it […]
Noble Skiodo, a new-age TV brand that sells exclusively via Amazon, has launched one of the cheapest 40-inch smart TVs in India. The 42SM40P01 Full-HD LED TV will be priced at Rs 24,999 and comes with a Cortex A7 Dual Core CPU running on android Kitkat 4.4. The television also has 1GB DDR4 RAM along […]
Anil Ambani Group’s Reliance Communications is all set to make a ‘major announcement’ in Mumbai tomorrow, the company said in an invite for journalists. Though the exact nature of the announcement was not revealed, it is being suggested that the company is likely to unveil something related to its ongoing merger with Aircel Cellular, even though the invite sounds […]
Amazon, one of India’s top two online retailers, sent out a teaser today with a promise that Amazon Prime Video is coming soon to India. Prime video is a service like Netflix that streams TV shows, films and other content. The service was launched in the United States ten years ago. At present, Amazon Video […]
Many bank branches are seeing unprecedented queues of people waiting to exchange their currency notes on Day 1 of the program, despite clear instructions that they can do so at any time over the next 50 days. Many people are waiting outside bank branches worried that if they don’t exchange their old notes today, it […]
Cognizant, the low-margin, high-growth IT services company, seems to also have fallen prey to the ongoing slowness in the IT outsourcing sector. The company reported revenue growth of just 2.5% — less than that of Infosys — for the third quarter of this calendar year. Infosys had reported a growth of 3.5% in dollar terms, […]
Wipro Limited launched its offerings that use Open Banking API technological platform. Open Banking platform is a Europe-based standard that lets third party developers build applications and services that tap into a bank’s core services and infrastructure. For example, one can build a billing or ticket booking or payment service that can then ‘talk’ to […]
Wallet provider Freecharge, one of the first to support the new UPI platform, has now tied up with Indian Oil to let customers make payments for gas deliveries via a PIN number. Once the pin number is provided to the gas delivery boy, the amount will be deducted from your Freecharge account. The pilot project […]
Hit by competition from Reliance Jio’s 4G services, Tata DoCoMo has halved the price of its 1 GB 3G pack to just Rs 98 from Rs 195 earlier. The new pack is being offered under the ‘My Best Offer’ service that users can activate by pressing *123# on their mobile phones. The company has 3G […]
Anil Ambani group’s Reliance Digital DTH may be rebranded to ‘Chois HD’, according to a twitter user, who also tweeted some photographs of the upcoming brand. Reliance Communications’ Reliance Digital is arguably the weakest candidate among the five private companies that compete in India’s DTH space. The DTH business is dominated Dish TV, Tata Sky, […]
LAVA International has launched an Intel Atom-powered tablet priced at Rs 6,299. The model has a 7-inch HD (not full HD) display and 1 GB of RAM. Display technology is not IPS, so viewing angles may not be the best. It has a 5 MP rear and 3.2 MP front camera with real flash and […]
Even as the average speed of Bharti Airtel remain high, the total number of people who conducted 4G speed tests from Airtel’s network is only 3% of total number of people who were conducting similar tests from Jio. In fact, Jio users accounted for 91% of the total 4G speedtests conducted using TRAI’s ‘My Speed’ […]
Broadly, all brands can be divided into two types — mass brands and elite or premium brands. Mass brands are those used and preferred by ordinary people, while elite brands are confined to those who have very ‘refined’ tastes and for whom money is not usually a concern. Based on the above definition, Google is […]
LeEco’s latest high-end handset, the Le Max3, has just passed certification in China and carries the model number Le X850. Much of the specifications of the phone are along expected lines and do not change radically from Le Max2, which is the cheapest Snapdragon 820-based phone in India. The model, which comes with a 5.7-inch […]
In an attempt to gather more information about actual Internet speeds experienced by its customers, Reliance Jio has placed 14 servers on Ookla’s bandwidth testing service. With this, Jio users can test their speed using either the Ookla app, or speedtest.net website. The move has come in the wake of criticism that many of its […]
Reliance Jio welcomed Bharti Airtel’s move to set up 7,007 additional points of interconnection to ease traffic between the two players, even as Airtel promised that it would uphold the law. The moves indicate the end of a bitter battle between the newcomer and India’s largest operator over connection rights to each others’ networks. Airtel […]
Hit by competition from Reliance Jio, rivals Bharti Airtel, Vodafone and Idea Cellular are exploring the possibility of making voice calls ‘totally free’ under their upcoming VoLTE service, according to industry sources. VoLTE calls can only be made by phones that support 4G voice facility, and an estimated 99% of existing telecom subscribers do not […]
Idea Cellular has started offering ultra-low call rates in its biggest market, Kerala, for those who generate a unique porting code under mobile number portability. While companies typically do make calls to find out the reason why a subscriber is porting out, it is rare for Idea — which has close to 43% revenue market […]
Fitch Ratings said Reliance Industries’ unit Jio will be able to take advantage of the strong growth expected in India’s telecom sector in the future. Jio is India’s biggest 4G operator and at present carries an estimated 5-10 times the data of all other wireless operators combined. “We expect RIL to be able to take […]
Vodafone said it will extend its 4G network to 1,000 towns in India by end of the year. The company, which launched its 4G service in Rewari in Haryana today, said the initial roll-out consists of Mumbai, Delhi, Kolkata, Karnataka, Kerala, Haryana, Gujarat, UP (E) and West Bengal circles. The nine circles contribute to just […]
