The domestic telecommunications sector is likely to get an additional $40 billion in investments by end of 2010, of which $15 billion would come in by the end of 2007.
Reliance Communications is in discussions with American billionaire and financier George Soros to raise funds for the Hutch-Essar acquisition.
The Indian telecom boom is not only about numbers. In what is the first of its kind in the domestic telecom industry, telecom operator Aircel will deploy WiMax networks in all 23 circles across the country.
Discounted schemes withdrawn on days when load is heavy; Trai not happy.
Videsh Sanchar Nigam Ltd has tied up with Australia-based telecommunications carrier Pipe Networks to lay a new submarine cable linking Australia to Guam.
The Telecom Regulatory Authority of India may look at excluding SMSs while formulating a policy on unsolicited commercial calls.
CNN-IBN, the 24-hour English news channel, is planning to tap the capital market with its Rs 105 crore (Rs 1.05 billion) initial public offering. The maiden float is expected to hit the markets early next year.
A Central Do Not Call Registry may be formed as early as next month. The purpose is to stop unsolicited calls to mobile users, who will register on the list.
The soap operas of Ekta Kapoor and Ravi Chopra are likely to be axed to make way for Kaun Banega Crorepati-III because Star Plus intends to reserve the one-hour primetime slot for the show that will be anchored by Shahrukh Khan.
The Indian IT industry's ambitions of becoming the primary destination for legal process outsourcing may fall short as myriad issues ranging from dearth of professionals to lack of cost arbitrage would clamp it down.
If you buy a mobile phone worth Rs 4,000 today, you will be paying about 123 per cent of the cost of the mobile (which works out to Rs 4,942) as tax to the government over the next four years.
Independent Mobile Infrastructure Mauritius Ltd, a telecom infrastructure provider, has sought the Foreign Investment Promotion Board's approval for investing up to Rs 3,000 crore ($674 million) in India.
With a view to augmenting its market in emerging India, Nokia, the world's largest handset manufacturer, will start a design facility in Bangalore.
The government has mandated that all telecommunication companies in the country move over to 5-digit SMS
Videocon Industries Chairman and Managing Director Venugopal Dhoot told Business Standard the company had already started production of PCs -- 3,000 a month -- at its Taratola facility in Kolkata.
Domestic IT majors Tata Consultancy Services and Wipro are believed to be front-runners for a multi-million outsourcing deal from UK-based telecom and networking major Cable & Wireless.
Internet and telephony major Videsh Sanchar Nigam Ltd may incorporate 'Tata' in its name, an issue that is likely to be discussed at the company's board meeting on Friday.
Nokia, the world's largest mobile handset manufacturer, has tied up with national broadcaster Doordarshan to conduct a pilot test using digital video broadcaster-handheld technology for rollout of services.
Move will usher in competition in the sector with entry of new players.
Global software and services major Tata Consultancy Services is in the last stages of finalising a multi-million outsourcing contract with the International Monetary Fund. Under the deal, the IMF will offshore some of its back-office work
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