Glaucus Research Group, a California-based short seller, said it was selling Hong Kong-listed developer Fullshare Holdings due to peculiar trading patterns seen in the stock’s counter. “Fullshare is supposedly a commercial and residential property developer, but this business is tiny compared to its market capitalization. In FY 2016, Fullshare generated a paltry RMB 132 million […]
Reliance Jio, the biggest carrier of wireless data in the world, said it will expand beta trials of its fiber-to-the-home services in the ‘next few months’ across India. It has already started these trials in “a few locations”, which would be expanded city by city. According to market sources, the company has such trials ongoing […]
The shareholders of Reliance Communications approved the demerger of the wireless operations of the company into Aircel Limited and Dishnet Wireless Limited, the Anil Ambani Group company said. The Scheme was also approved at a meeting called on the directions of the National Company Law Tribunal. The shareholders of Aircel Limited also approved the scheme on April 22nd. […]
A man who was looking for some cheap thrills on a train in Kerala got more than what he bargained for after the girl he was masturbating in front of secretly recorded the entire incident and uploaded it on social media. The incident is reported to have taken place on the Amritsar-Kochuveli express between Aleppey and […]
Arnab Goswami, arguably the most talked about Indian journalist in recent years, has released a teaser video on the upcoming launch of his new television channel Republic TV. The video shows Goswami writing a letter to Mr Gandhi — perhaps a reference to Congress Party Vice President Rahul Gandhi — informing him that ‘he’s coming […]
Wireless data prices in India, which crashed from Rs 250 per GB to about Rs 10 per GB after the entry of Reliance Jio, will continue to remain under pressure for at least two more years, said analyst firm Credit Suisse. That is the minimum amount of time that the new entrant will take to […]
Bharti Airtel said it would provide 100 GB of free high-speed data to anyone who purchases Amazon’s Fire TV Stick in India. The offer is available to Airtel customers on broadband as well as ‘4G Home Wifi’, but not to normal, handset-based 4G users. The data quota can be availed in buckets of 35 GB […]
Spectranet, which provides among the most affordable fiber-to-the-home services for high-volume users in India, said it had entered the Noida market. The company has started by providing broadband services in Sector 93 with more areas being added rapidly, it said. Among the plans being offered in NOIDA include a range of ‘truly unlimited plans’ that do […]
Tata Consultancy Services has reported Q4 revenue of Rs 29,642 cr, a decline of 0.3%, and said his company will wait and see about new US visa regulations that are scheduled to come out today. NEW VISA RULES On new visa regulations expected today, Gopinathan said TCS will ‘wait and see’ what kind of rules are […]
AirAsia said it will offer a 15% discount to all customers of Reliance Jio for flights booked this month for travel between Jun 20 to Sep 30. “All Reliance Jio customers get 15% off on domestic and international flights,” the airline tweeted. The booking has to be done using the AirAsia app and is available […]
Muslim League candidate PK Kunjalikkutty is on track to better his party’s performance in the assembly elections of last year, scoring a majority of around 1.8 lakh out of the total votes of around 8 lakhs. Kunjalikkutty won 55.06% of the votes, increasing the UDF’s vote share from 51.29% three years ago, and largely retaining the votes polled […]
SpiceJet has chosen HSBC Bank as its partner for receiving UPI payments on its website. UPI or Unified Payments Interface is an advanced, easy-to-use, cheap and real-time payment platform designed by the National Payments Corporation of India. Unlike more expensive payment options such as Visa and Mastercard, UPI is available to most banking users in […]
Despite setbacks and opposition from both state governments and the judiciary, the central government is not ready to give up the proposal to set up an all India service for recruitment of judges modeled on the Indian Administrative Service and the Indian Police Service. The idea was officially endorsed five years ago when a committee […]
A video of a working Reliance Jio ‘DTH’ TV has been leaked by a Gujarat-based Youtube user, even as Airtel unveiled its own ‘Internet TV’ today. The Youtube user demonstrates a working set-top-box, complete with HD channels and various other features. Even though the uploader calls it Jio DTH, there is nothing in the video […]
Home Minister Rajnath Singh said India will go to any extent to save Kulbhushan Jadhav. “We will go to whatever extent we need to, but we will save Kulbhushan Jadav,” the minister said, while attending an event in Mumbai. The minister maintained that Kulbhushan Jadhav was not a spy, but a businessman who happens to […]
Airtel Digital TV launched what it called India’s first hybrid set-top-box with built-in Android and a host of advanced gaming and Internet functions at a price of Rs 4999. Customers can also get one year of free subscription by paying Rs 3,000 extra. It will be available online exclusively on Amazon India starting April 12, […]
Asaduddin Owaisi, head of All India Majlis-e-Ittehadul Muslimeen or All India Council of the Union of Muslims said the Indian government should have anticipated the death verdict handed out to Kulbhushan Jadhav, an ex-Indian Navy member, and moved in advance to exert pressure on the country. “We all know that it is a banana court,” Owaisi […]
With the prospect of the entry of Reliance Jio into the cable and broadband market, Ortel Communications — the largest cable network in Orissa and an emerging player in neighboring states, has slashed its broadband rates. The company has removed all its sub-1 Mbps plans and replaced them with plans having speeds of 1 Mbps […]
Reliance Jio has officially withdrawn its Summer Surprise offer on its website and put up a new banner saying that it will be introducing new plans soon. “We are updating our tariff packs and will be soon introducing more exciting offers,” the company says on its website in place of the Summer Surprise details, as […]
NTPC Ltd, India’s largest power producer, has taken its total installed production capacity beyond the 51,000 MW mark with the addition of the 660 MW Solapur Super Thermal Power Project in Maharashtra. The total capacity of the NTPC Group has become 51410 MW, including 20 coal based, 7 gas based, 10 solar PV, one Hydro, […]
