An acquisition by Tata AutoComp may cost $1.5-2 bn.
The department of telecommunications has referred the issue of using multiple technologies under a single unified access services licence to the Telecom Regulatory Authority of India.
Initial fears of Internet access charges rising by 6-12 per cent following the Telecom Regulatory Authority of India recommendations to impose an annual licence fee for Internet Service Providers appear to be unfounded.
The telecom dream that India is living is not without blemish.
WNS, for instance, has 1,200 people in Nashik, a tier II city. It is looking at expanding its presence in tier II cities.
The total revenues and net profit of the top six Indian telecom players, Bharti Airtel, Reliance Communications, BSNL, Hutchison Essar, MTNL and Idea Cellular, more than doubled during the last two years.
At a session with analysts last Monday, RComm chairman Anil Ambani said the Rs 10,000 crore (Rs 100 billion) investments would be used for network expansion.
IBM chairman, president & chief executive officer Samuel J Palmisano is scheduled to meet Reliance Communications chairman Anil Ambani
The domestic business intelligence sector is fast outgrowing its infancy, thanks to an increase in mergers and acquisitions.
GTL has placed non-binding offers on five companies in the US and Europe and lined up acquisitions worth Rs 1,100 crore (Rs 11 billion) in the next two quarters.
Wipro is close to setting up an IT park in Nagpur and is believed to have acquired 117 acres of land at the new special economic zone in the city.
Indian IT firms have piled up net cash in excess of Rs 20,000 crore
Wipro, Satyam join TCS, Infosys in beating rupee blues.
Reliance Communications will be investing around Rs 15,000 crore (Rs 150 billion) to set up and install an additional 15,000 base transceiver stations in the country.
In one of the biggest broadband projects in the country, the state-owned telecom behemoth Bharat Sanchar Nigam Ltd is planning to provide broadband connections to 110,000 schools in the country
The move by Reliance Communications to outsource its IT requirements would result in an upfront cost savings of around $200 million (Rs 900 crore), with the company seeking a guarantee to this effect from the vendors.
The Department of Telecommunications has mooted a proposal to set up seven telecom centres of excellence to nurture the sector and reduce the rural-urban digital divide.
Telephony major Reliance Communications is believed to have short-listed three global IT companies - IBM, EDS and T-Systems - for its $1.5 billion outsourcing contract.
The new semiconductor plants will be up against India's age-old Achilles' heel, inadequate infrastructure
but wouldn't subscribers simply prefer to talk instead?
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