Tata Teleservices, which is awaiting regulatory nod to be merged with Bharti Airtel, reported a 4.7% decline in its mobile subscribers in two circles for the month of November. The total number of mobile subscribers of the company fell to 6.16 mln users in Goa, Mumbai and Maharashtra by the end of November. A month […]
Tata Motors today announced that the Company would be increasing prices of its entire passenger vehicles range by up to Rs 25,000, starting January 2018. The company attributed the increase in price is to “rising input costs.” “The changing market conditions, rising input costs and various external economic factors have compelled us to consider the […]
IL&FS Engineering and Construction Company said it got a Rs 216 cr order from Gas Authority of India Limited to lay a 158 km long pipeline. The 30-inch diameter pipeline is part of Part B of the Dobhi-Durgapur-Haldia project in West Bengal. It also has to create a 13.28 km long 12-inch spurline under Jagdishpur […]
The Delhi government has suspended the license of the Max Hospital in Shalimar Bagh after it was implicated in wrongly declaring a newbord dead. “They cannot take any new patients, but they can continue to treat the existing patients,” Delhi’s health minister Satyendar Jain said. The move comes even as the Haryana Government on Thursday […]
The Tata Motors Group global wholesales in November 2017, including Jaguar Land Rover, rose 22% to 1.12 lakh. In October, it had risen 2.7% to 1.04 lakh and by 14% in September to 1,16,419. Wholesales of commercial vehicles rose 51% to 40,845. In October, it had risen 1.3% to 37,400. Wholesales of passenger vehicles rose […]
Glenmark Pharmaceuticals said it has started the clinical trial of its blood cancer drug GBR 1342 with the dosing of the first patient. “In just the last year, three of the Company’s biologics, two of which are immuno-oncology agents, have begun clinical trials, which is a testament to the outstanding progress made by the global […]
Havells India said it has launched water heaters, switches and MCBs under its Standard Electricals brand, which has been known for its switchgear for close to five decades in India. The company said that it expects to expand sales under Standard to Rs 1000 crore in the next 3 to 4 years from about 400 […]
Cyient, a Mumbai-based provider of engineering, geospatial and operations management services, said it has tied up with UK-based EA Technology to jointly market each others’ services to power utilities. EA Technologies provides solutions to electric utilities to monitor and manage their assets such as cables and other electric instruments. As part of the alliance, Cyient […]
Post production services company Prime Focus Limited said it will raise Rs 330 cr by selling warrants, mostly to its promoter group. The company would issue 31 mln warrants, taking the total diluted equity base of the company to 330 mln from 299 mln. The warrants are being issued at Rs 106 each compared to […]
Jaguar Land Rover said its retail sales in November rose 10% on year to 52,332 vehicles, driven primarily by the introduction of the new Land Rover Discovery and the Range Rover Velar. Out of these, Jaguar sales were 13,688 vehicles, down 6.3% compared to the same month last year. Land Rover retailed 38,644 vehicles in […]
Construction major Larsen & Toubro said its hydrocarbon subsidiary won an order worth over Rs 1,600 cr from Hindustan Petroleum Corporation Ltd for its Visakhapatnam Refinery. The project involves Engineering, Procurement, Construction and Commissioning of 3 million tonne per year Full Conversion Hydrocracker Project. The order was awarded L&T Hydrocarbon Engineering Limited, a wholly owned […]
DD Free Dish has become the second free DTH service to offer a free HD channel on its platform after ABS Free Dish. ABS has been transmitting an HD channel — Trace Sports — for over a year. The channel can be viewed by anyone with an MPEG4 Ku band satellite receiver. Now, Doordarshan’s DTH […]
Bharti Airtel has unveiled two new publicly available 4G plans with 2 GB and 3 GB of data allocation per day, along with free voice and SMS benefits. These plans are unique as currently no other operator offers 2GB or 3G per day at these price levels. Airtel has priced its 3 GB per day […]
Continuing with its tie-ups with hardware brands, Bharti Airtel announced three more ‘cash back’ models from Intex, including one with 2GB of RAM. The cheapest will be the Intex Aqua LIONS N1, priced at Rs 3,149 and eligible for for a cash back of Rs 1,500 over a period of three years. The effective price […]
Reliance Infrastructure Limited said it won two constructiong contracts in Bangladesh together valued at Rs. 5,000 crore. The contracts arer for creating a 750 MW LNG-based combined cycle power plant at Meghnaghat (Dhaka) while the second project is for building a 500 MMSCFD floating storage regasification unit (FSRU) based integrated LNG terminal project at Kutubdia […]
Reliance Communications said the liquidation case filed by Fortuna Public Relations Private Limited against it is “misconceived, premature and motivated by extraneous considerations.” Media reports had sprung up saying that Fortuna PR had filed for liquidation of RCom to recover its dues. However, said RCom, the total bill that has been submitted by the PR […]
German equipment maker Siemens has signed up IT services provider HCL Technologies to develop and expand its Internet-of-Things platform MindSphere. Mindsphere is Siemens’ cloud–based open Internet of Things (IoT) operating system, and includes technology, applications, connectivity, system integration and go-to-market strategies. Siemens is keen on developing the package as a standard for industrial equipment to […]
Google India today launched a lighter version of Android operating system that it said will work on devices with as little as 512 MB of RAM, and also unveiled a Google Assistant version that runs on Reliance Jio semi-smartphones. LOW END PHONES Google announced a new version of its Android operating system called AndroidGo, tailored […]
Ramco Systems said it won a deal to provide HR software to manage over 3,000 employees of Malaysia-based Ranhill Holdings Berhad in five entities. Financial details were not revealed. The Indian company said it “beat local and international vendors to secure the deal.” Ranhill Holdings is a Malaysian conglomerate with interest in the environment and […]
Network solutions provider Tejas Networks said it completed the execution of a high capacity national optical backbone network in Bangladesh that will “significantly boost” Internet speeds in Bangladesh. The contract was completed in partnership with Telephone Shilpa Sangstha of Bangladesh for the Bangladesh Submarine Cable Company to connect all of the country to the SMW-5 […]
