The operator was acquired four years earlier by Essar, when the latter had more telecom ventures, such as the 33 per cent stake in Vodafone Essar, and also owned telecom towers.
Welspun now wants to shift focus back on the core business of steel and pipes rather than the big-ticket infrastructure sector.
The company plans to leverage its presence in rural areas; looking at off-grid solar products as well
Five to eight per cent of projects from the loan portfolio of L&T Infrastructure Finance face a payment problem, says its chief executive officer, Suneet K Maheshwari.
An ET NOW advertisement thanked viewers for making it the Number 1; its version had 55 per cent market share, while CNBC had 42 per cent.
The port project work is to be undertaken by the group's African subsidiary, Essar Africa Holdings, and is not a part of the group's Essar Ports.
Earlier, the company had to shut operations in the Mumbai circle, following a directive by the Supreme Court.
Vendors say Infotel Broadband close to signing tower leasing deals with Anil Ambani company
India Gas Solutions the equal joint venture between the two companies, is looking to sell LNG to five power producers in Andhra Pradesh - GMR, GVK, Lanco Infratech, Sravanthi Energy and Konaseema Gas.
There are some companies in the sector that have seen a decline in revenues but their performance is not sufficient to cause such a decline in industrial production data.
Newer telecom operators and dual technology entities are opposing the department of telecommunications (DoT)'s decision to ask the Telecom Regulatory Authority of India (Trai) to give its view on whether the price of spectrum being offered in the coming 2G auction should be valid for 10 years instead of 20 years.
But few analysts have played down the impact of the Telecom Regulatory Authority of India recommendations.
Mobile content provider Planet 41 Mobiventures says that it sells as many as 10,000 'motion comic' books per day.
The operator is planning to turn aggressive in adding subscribers.
Gaurav Devaras, a 3G mobile broadband user, is happy to learn about the 4G service launch in Kolkata and thrilled about the speed it can offer.
The Indian market, in the first 11 months of 2011, saw smartphone shipments cross the 10-million mark for the first time.
The 32 GB tablet will come for Rs 15,990 and the top end tablet of 64 GB will be sold at Rs 24,490.
The country's most expensive phone, iPhone 4S, was launched at midnight. The handset had already seen many enquiries from eager customers, both at retail electronics stores, as well as mobile operators. However, none are raising their hopes just yet.
Bharti Airtel, which acquired the African operations of Zain Telecommunications last year, had a net debt of $13.4 billion at the end of the first quarter of the current financial year.
Callers trying to sell insurance, SMSs offering cures for bald patches, cheap holiday packages and education consultants could be a thing of the past, after stricter tele-marketing norms come into effect from September 28.
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