As many as 40,000 units of the much-hyped handset launched exclusively on Flipkart, was sold out within 4.2 seconds, said company head Hugo Barra on Twitter.
The debt-laden company, which recently won its first railway construction project, is looking at a four-fold increase in its order book next year.
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Extending its new device plus data plan to more smartphones, the operator is keen to capture the youth's attention.
Reports by CAG earlier on the 2008 telecom licence scam had resulted in the cancellation of 122 licences.
Acquisitions, slowdown put infra major in a spot, with bankers okaying debt restructuring.
Calls from Viber to other users of the app are already free.
The dual-technology operator plans to divert its mobile customers and those who use mobile internet to the GSM side of its business, and devote the CDMA business exclusively to dongles.
Most of the steep rate cuts announced might also not translate into bill savings for subscribers
The dispute over the tax payable for its purchase in 2007 of the 67 per cent stake in Hutch is on an amount of Rs 11,200 crore (Rs 112 billion).
Earlier, there was one giant in Finland, now, there are two - Nokia and Microsoft, said Alexander Stubb, Finland's minister of foreign trade.
With data as an extra product added to its offerings, rural operations have become more viable for the operator.
Spending has begun rising in infrastructure, construction and Indian firms have started to benefit.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
Trai data show the company has no subscribers in Uttar Pradesh East & West and Bihar
The intra-city cable leasing deal will give RCom Rs 1,200 crore, which will be used to clear some of its debt.
Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.
The Welspun group's energy business has plans to set up solar energy parks across four states.
In the next three years, Tata Power will invest anywhere between $150-200 million.
Analysts say the next phase of growth for telecom operators would be driven by data businesses, as voice call rates have stabilised and growth in subscriber numbers has reached a point of stagnation.
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