At present, the cheapest business phone (with personal digital assistants) is priced at Rs 15,000, while high-end phones are available around Rs 13,000.
The global credit crisis has slowed order growth of Indian construction and engineering companies, indicating that several big projects, planned earlier, are being pushed back either for lack of capital, or because they have become unviable now.
The tide for Indian firms seems to be turning. As much as 41 per cent of companies announcing their second-quarter results have registered a drop in profit.
Sales of 137 firms up 29.7%, but operating margins dip.
If you are a wireless (read Wi-Fi) internet user, you could easily be the next victim of a terrorist who accesses your computer to send emails, which can get you into trouble with authorities as was the case with some users in Mumbai.
Interconnect user charges are paid by one telecom service provider to another for enabling calls from one network to the other. The present interconnect charge of 30 paise per incoming minute was fixed in 2003. The price was considered high even then. Now, with equipment prices falling, a revision was called for, said industry analysts.
This is contrary to the BSNL technical committee's earlier approval to use the DR solutions of US-based Sun Microsystems and EMC Corporation. According to vendors close to the development, HP's DR solutions were not mentioned in the original purchase order issued to Ericsson, the main bidder.
The Ruias and other promoters own a 99.99 per cent stake through various companies in BPL Mobile Communications. They have already toned it down to 82.4 per cent, sources close to the development said. Now, the group is looking at further bringing it down to less than 70 per cent. This will make BPL Mobile Communications a shell company and diminish its values making its shares 'worthless,' says Vodafone.
The dispute between Vodafone and the Ruia-owned Essar Group, its 33 per cent partners in Vodafone-Essar, over ownership of BPL Mobile deepened this week after the UK-based telecom major alleged that Essar had altered the share structure of the Mumbai service provider in violation of a 2006 agreement
After four years of growth at 40 per cent or more, capital expenditure (capex) by India Inc in the current financial year (2008-09) may drop almost 30 per cent.
Foreign operators may fail to provide quality 3G services, unlike their Indian counterparts, as the Department of Telecommunications is offering spectrum in tranches of 5 MHz, which is insufficient for starting operations.
The Reliance Anil Dhirubhai Ambani Group has awarded a 5-year outsourcing contract to a Delhi-based call centre, Caretel Infotech, a part of Dalmiya group, for about Rs 300 crore.
Apple, the US consumer electronics and software company, is close to opening its iTune Store in India. iTune Store, the world's most popular online entertainment store, offers songs, movies, TV shows, podcasts, audiobooks and iPod games.
With at least seven more mobile service providers planning to launch operations in the Mumbai circle, following in the footsteps of GSM player Idea Cellular, the market is slated to become the country's most competitive and fierce telecom zone.
The combined stake of foreign institutional investors in the top 500 Indian companies has dropped to a two-year low of 18.18 per cent as on June 30, 2008 from a high of 19.86 per cent in the corresponding period a year ago.
The negotiations were shelved following a difference of opinion on prices. "We intend to close both the deals by September," said a highly-placed source with MCorp, the holding company for B K Modi's group of companies.
Mobile Telecommunications Company (Zain), the third largest telecom operator in West Asia and a leading operator in Africa, has initiated talks with several Indian telecom service providers to buy stakes.
In a move that will not augur well for companies which have been awarded 2G licences recently, the Department of Telecommunications (DoT) has rejected proposals by new telecom entrants for a relaxation of rollout obligations.
In India, Apple users purchase entertainment content from other websites, at times from legitimate portals, but mostly end up buying pirated content in India.
Consumer durables major Videocon Industries' subsidiary Datacom Solutions, which has received telecom licences to begin pan-India operations, is planning to commence network rollout starting August 15 and services by year-end, becoming one of the first newcomers to launch operations.
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