Megha Manchanda And Peerzada Abrar

Stories by Megha Manchanda And Peerzada Abrar

Gadkari keen to fast-track highway projects

Gadkari keen to fast-track highway projects

Rediff.com   23 Jan 2020

Various stakeholders, including about 600 developers, bankers and officials from various wings, including the National Highways Authority of India, will also be present.

Why PhonePe's fundraising process has hit roadblock

Why PhonePe's fundraising process has hit roadblock

Rediff.com   20 Jan 2020

Having grown swiftly since the acquisition of Flipkart by Walmart in 2018, it was looking at a valuation of $10 billion. However, factors such as lack of diversification, new e-commerce and data policies, as well as the overall investment environment, have slowed the process.

Microsoft selects 54 startups in India's Tier 2 cities

Microsoft selects 54 startups in India's Tier 2 cities

Rediff.com   14 Jan 2020

Some of them include Spider G, NeuroTags, Genrobotic Innovations, AI Aeronautics, Synersense, Dealshare and NanoHealth. 'Highway to a Hundred Unicorns,' the Microsoft for startups initiative, works closely with local governments to strengthen the startup ecosystem in each state.

Adamant Trai says will implement new tariff order by March 1

Adamant Trai says will implement new tariff order by March 1

Rediff.com   14 Jan 2020

Reiterating its position, TRAI, which oversees both the telecom and television sectors in the country, said the amendments suggested on January 1 had been done to correct "distortions" in the market and address pricing issues.

Post-VRS, a leaner BSNL is all set for 4G services

Post-VRS, a leaner BSNL is all set for 4G services

Rediff.com   7 Jan 2020

The company, which has a subscriber base of 120 million, also plans to raise funds via a bonds issue. The company's impending 4G launch is also expected in the second half of the current financial year for which it would invest Rs 12,000 crore, partly through bonds.

Huawei can now participate in 5G trials in India

Huawei can now participate in 5G trials in India

Rediff.com   31 Dec 2019

Huawei came under a cloud after allegations that the firm's electronic and telecom devices helped China spy on US corporations and agencies.

BOT share in highways seen shrinking

BOT share in highways seen shrinking

Rediff.com   27 Dec 2019

As even bigger road construction players are not willing to bet on BOT projects., NHAI will have to rethink its thrust on the BOT model.

India orders 95 biryanis per minute: Swiggy

India orders 95 biryanis per minute: Swiggy

Rediff.com   24 Dec 2019

So Swiggy offered 35,056 varieties of biryani to its users, says Peerzada Abrar.

No cut in spectrum price as govt okays airwave auction

No cut in spectrum price as govt okays airwave auction

Rediff.com   21 Dec 2019

Although the industry is disappointed with the government decision not to lower spectrum prices at a time telcos are saddled with over Rs 4-trillion debt and an estimated Rs 1.43-trillion licence fee dues, the DCC has relaxed the payment structure to offer some relief to the financially stressed sector.

Despite slump, Airtel to go ahead with Rs 20K-cr investment plan

Despite slump, Airtel to go ahead with Rs 20K-cr investment plan

Rediff.com   19 Dec 2019

Mittal said he discussed a plethora of issues with Commerce and Industry Minister Piyush Goyal and sought the government's support for faster clearances to streamline the group's investment plans.

New Data Bill may hit tech businesses hard

New Data Bill may hit tech businesses hard

Rediff.com   19 Dec 2019

'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'

Delhi is crumbling under its own weight

Delhi is crumbling under its own weight

Rediff.com   18 Dec 2019

While Delhi boasts of one of the best metro systems in the world and decent infrastructure, reckless construction, legalising unauthorised colonies, and the worsening water and air quality dent its image of being a robust cosmopolitan city.

Tech, service firms gear up for FASTag

Tech, service firms gear up for FASTag

Rediff.com   2 Dec 2019

Fintech giant Paytm claimed it is selling more FASTags than all the banks put together on a daily basis.

How BSNL plans to save Rs 7,500 crore

How BSNL plans to save Rs 7,500 crore

Rediff.com   29 Nov 2019

'BSNL employee cost is Rs 14,500 crore and we anticipate that around 80,000 should opt for VRS.'

Ola to launch services in London after Uber ban

Ola to launch services in London after Uber ban

Rediff.com   27 Nov 2019

Over 50,000 licenced drivers will now be assured that they can continue to provide mobility services in London. Drivers can initiate their registration on the Ola app.

Data protection bill to be introduced in winter session

Data protection bill to be introduced in winter session

Rediff.com   16 Nov 2019

The proposals are mostly based on a report submitted by Justice B N Srikrishna in July 2018. The draft Bill has since gone through at least two updates based on inputs received from industry, report Yuvraj Malik and Peerzada Abrar.

Uber's Rs 1,767 crore investment the biggest in India arm

Uber's Rs 1,767 crore investment the biggest in India arm

Rediff.com   13 Nov 2019

The capital infusion is expected to bolster its presence in the country by funding its key businesses to take on Indian rival Ola.

With Rs 4,470 cr war-chest Amazon gets ready to take on Flipkart

With Rs 4,470 cr war-chest Amazon gets ready to take on Flipkart

Rediff.com   30 Oct 2019

Amazon's fresh investment in its India entities come at a time when the Seattle-based firm has faced losses in several of its business entities in India, such as seller services, wholesale, transportation services and digital payments, for the 2018-19 financial year.

OnePlus dials into Bharat to beat competition

OnePlus dials into Bharat to beat competition

Rediff.com   27 Oct 2019

In October, OnePlus said, it recorded Rs 500 crore of revenue in only the first two days of the festive sale on Amazon.in. The firm is looking at going beyond the metro cities by scaling up its offline stores to over 5,000 and setting up more than 100 'experience centres' in the top 50 cities by next year.

BSNL, MTNL to spend Rs 11,000 cr on 4G infrastructure

BSNL, MTNL to spend Rs 11,000 cr on 4G infrastructure

Rediff.com   25 Oct 2019

The asset monetisation exercise in the first phase will help BSNL shave off its Rs 14,000-crore debt. The government has said that these firms are strategically important and will not be closed down or divested.