Chennai-based electronics and consumer durables chain Viveks is the country's largest multi-product, multi-brand service centre. B A Kodandaraman, the 72-year-old chairman & managing director, knows it is after-sales service that will separate the men from the boys in the highly competitive retail sector, especially when big corporate houses are muscling their way into the segment.
The ministry of home affairs has expressed its dissatisfaction over the BlackBerry email and web browsing interception solution offered by service providers saying that the mechanism was not user friendly.
The department of telecommunications (DoT) will soon start looking into the issue of ineligibility of recent licensees such as Unitech, Loop and Datacom, in the wake of the Comptroller and Auditor-General's scathing report. And, take action, if it thinks it is required.
The government plans to issue UID numbers to 600 million people by 2014.
BSNL had earlier cancelled its tender for 5.5 million GSM lines and called for bids again after revising the guidelines, following an amendment in the licence conditions for security purposes.
By his own admission, the last 30 months have been one of the toughest in Thomas Varghese's 29-year career. The 50-year-old chief executive of Aditya Birla Retail, however, quickly adds that they have been 'very interesting and challenging too'.
Communications Minister A Raja's promise to let people switch their mobile service operators while retaining their telephone number has got delayed once again - the deadline for the implementation of mobile number portability has been postponed from October 31 to December 20.
The company may partner with local governments and land owners to launch its projects.
Raghu Pillai, former director and CEO (operations, strategy and business development) of Reliance Retail, today took over as the chief executive of Kishore Biyani's Future Value Retail. An industry veteran, Pillai talks about his new role with Business Standard.
The staff cost for NTPC, the country's biggest power producer, is likely to go up by about 16 per cent as the company plans to spend about Rs 2,800 crore in the current financial year on its employee benefits and renumeration. It had spent Rs 2,400 crore in 2009-10.
Moving beyond selling application forms, the Department of Posts has started offering a complete package to agencies and companies for their recruitment process.
State-run power transmission firm PowerGrid has called for fresh offers from shortlisted bidders BHEL-ABB and Siemens for its Rs 7,000-crore HVDC (high voltage direct current) sub-stations' project.
In its communication to DoT, the DGA said the department had granted new unified access service licences to certain companies without proper verification of their eligibility and other credentials.
The prepaid debit card by India Post would have a minimum value of Rs 1,000 and a maximum of
Kishore Biyani, the founder of Future Group, is treading cautiously with the initial public offer of his venture capital arm, Future Ventures, this time.
The Indian stock market is in the midst of a great bull run. Indiabulls, a prominent name in the financial services arena, applies for a licence for mutual fund operations.
While the mechanism of auctioning commodities like coal and electricity and telecom spectrum at electronic platforms has brought in transparency in their allocation, experts believe that the strategy cannot fructify until the prevailing shortfall in their availability is met.
Says nothing should move until system is in place to enable full tapping of lines.
Last week, Indiabulls Infratech, part of the Indiabulls group, bagged NTC's Bharath Mill land, spread over 8.3 acres, in Mumbai for Rs 1,505 crore (Rs 15.05 billion).
Telcordia and Syniverse Technologies were selected by DoT to implement MNP across the country. India was divided into two zones for the implementation of MNP, a service that would allow a mobile user to retain his phone number while shifting to a new operator.
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