FY14 profit halves, dips to 4-yr low
The proposed company, Yu Televentures, will import handsets from China and sell in the Indian market.
In Bangladesh, a call drop has more to do with network quality, while in India it is linked to spectrum shortage.
According to BSE, Bharti Airtel's revenue (on a standalone basis, excluding that from foreign operations and their subsidiaries) stood at Rs 49,919 crore (Rs 499.19 billion).
The I-T department had said Vodafone India under-priced shares in a rights issue to its parent. The tax demand was for the two financial years ended March 2011.
For Facebook CEO Mark Zuckerberg, who visited the country for the first time in October, India might be one of his "priority markets".
Samsung has been facing competition from local mobile handset makers like Micromax, Lava and Karbonn but it has maintained its lead in smartphones.
But, unlike its competitors, it did not have a comprehensive infrastructure back-end and required fresh investments.
In his first interview after taking over as Philips India's vice-chairman and managing director, Krishna Kumar speaks to Business Standard on how the company is readying itself for the next few decades and the increasing importance of India to Philips' global operations.
Bankers say it's a question of survival for debt-heavy companies.
The company reports profit of Rs 4500 crore in FY14, up from Rs 446 crore in FY10
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
China has cast a long shadow on India's economy.
At Gurgaon's Cyberhub, Starbucks had taken special permission to keep its outlet open till late night as consumers queued for the iPhone sale to begin.
In return, BSNL should be allotted 1.2 MHz in the 1800-MHz band in each circle, subject to some conditions.
On Reva, Mahindra says electric cars are an innovation that can disrupt the automobile sector.
The brand which has been endorsed by the likes of Paris Hilton, Kim Kardashian and Padma Lakshmi will open the first outlet in New Delhi next April.
Revivals nearly double q-o-q to 36 in September, highest in 3 years
The Canadian smartphone maker is banking on its platform-agnostic security and software products to make incursions in the market.
But earnings of main private holding firm get a booster dose from RIL dividend
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