TRAI’s tariff order for TV channels was supposed to simplify life for cable and DTH operators and their customers. However, given the recent Madras High Court order and prices announced by broadcasters, the implementation of the order from Dec 29 is likely to raise prices for cable and DTH services in the country. The original […]
The Telecom Regulatory Authority of India is in the process of enforcing a new tariff scheme for cable and DTH networks in India. The system was supposed to ensure greater consumer choice by making channels available at cheap rates and ridding the networks of junk channels. The new tariff scheme — aimed at dismantling ‘bundling’ […]
Hathway Cable & Datacom, one of India’s largest cable feed providers, said the implementation of a new TRAI tariff scheme for television from next month will empower consumers, even as it will be ‘not so good’ for broadcasting groups that make heavy use of bundling. Bundling refers to the practice by broadcasting companies of making […]
Mukesh Ambani, chairman of Reliance Industries group, today said that his company is working on creating a pan-India e-commerce platform that will help small, offline shops compete with players like Amazon and Flipkart. The platform will work by making the inventory of small shops available for purchase online using a sophisticated web and app interface […]
Adding to the headache of the Kerala state government in the Sabarimala matter, Pune-based women’s rights activist Trupti Desai said today that the she is planning to visit the shrine later this month. “The temple will open on 17 November. I will soon write a letter to the SP [of police] and the CM [chief […]
Sun Direct, the satellite TV service from Sun TV group, has started offering the cheapest high-definition channel packages in India. The DTH service, which used to offer HD channels only as part of ‘base packs’ that came with a large number of standard-definition channels, has now started offering smaller packs comprising only HD channels. The […]
Bharti Airtel overtook the combined Vodafone-Idea entity in mobile broadband users in August due to a steep, 20% fall in Vodafone India’s wireless broadband users in the month. The sharp decline of 12.5 mln mobile broadband users on Vodafone’s network in August was at odds from the usual course, when the company used to add […]
The pain for Bharti Airtel’s mobile business does not seem to be over, with the company’s India mobile revenue declining further in the September to a new low, belying expectations that it had hit bottom two quarters ago. Total India mobile revenue fell 2.2% on quarter to Rs 10,252 cr during the quarter. This means […]
The key Nifty 50 stock index in India is likely to breach the 10,000 support mark this week as the Indian stock market enters what many have called its deepest correction since the 2008 financial crisis. The Nifty, which reflects the stock prices of 50 bluechip stocks traded on the National Stock Exchange, had gone […]
The coal ministry said that there has been a 14% decline in the import of thermal coal by power plants in India in April-June, contrary to reports that the country’s import of thermal coal — used to drive steam turbines — increased during the three months. Media reports quoting American Fuels & Natural Resources, a […]
Even as the United Arab Emirates prepares to ship thousands of undocumented Indian workers home, numbers from the external affairs ministry reveal that a total of about 1.7 lakh Indians have been forced to leave the Gulf Cooperation Council countries alone since 2014. Another 30,000 have been forced to return from other countries, taking the […]
Government of India claimed on Tuesday that it has cut the time required to start a company to just 1 to 2 days from 22 to 30 last year with the introduction of a new system. The ministry of corporate affairs had, in April last year, introduced a new system called SPICe or Simplified Proforma for […]
Government of India has raised objections to the use of AYUSH as a trademark, said Shripad Yesso Naik, minister of Ayurveda, Yoga, Naturopathy, Unani, Siddha and Homoeopathy. The objection is based on the contention that the abbreviation for the ministry’s name is also AYUSH, and is used by the government in official communications and publications. […]
Construction on Central Research Institute of Yoga and Naturopathy near Bhubaneswar in Orissa has been stuck for several years due to opposition from villagers surrounding the project, the AYUSH ministry said today. The institute, which would carry out research in Yoga and naturopathy as well as have a 100-bed attached hospital, was announced in eight years […]
The Finance Ministry today said there would be no cut in the GST levied on bigger hybrid vehicles sold in India. At present, medium and large sized hybrid cars are taxed at a rate of 43%, including a ‘compensation cess’ of 15% — only marginally lower than the 45% tax charged for regular cars. However, […]
A total of 1,104 people have died during clinical trials of various drugs and procedures in India in the last three years, according to the ministry of health and family welfare. However, not everyone who died during clinical trials are found to have died from the procedure through subsequent examinations. Only the patients who are […]
Telecom operators and the Unique Identification Authority of India have denied having anything to do with the ‘mysterious’ addition of the UIDAI’s former helpline to the contact lists of Android phone users in India. That leaves only three candidates — Google, which makes Android, handset makers and any of the popular apps that has been […]
Six crore bank accounts opened under the Prime Minister’s Jan Dhan Yojana have been declared inoperative by banks due to lack of transactions, finance ministry said today. The frozen accounts constitute around 19%, or about a fifth, of the total 32 cr Jan Dhan accounts opened under the scheme. Banks are forced to declare an […]
The amount of money swindled by fraudsters from nationalized banks has jumped 359% in four years, RBI data revealed. The trend at nationalized banks is in contrast to that at private sector banks and SBI, where frauds are being increasingly brought under control. According to the RBI, nationalized banks lost a total of Rs 26,705 […]
Both the price and demand for spot power increased in India in July this year compared to the same month of 2017, but were down from June due to the arrival of monsoon, India’s largest power exchange said. The average price of power sold via Indian Energy Exchange in July was at Rs 3.46 per […]
