To add to company's 'three-screen' strategy of mobile phones, IPTV and broadband.
Outbound travel from India to the south east Asian destination of Malaysia is expected to see a dip of 20 to 40 per cent with the Malaysian government cancelling the visa-on- arrival facility for Indian travellers, effective August 1.
However, operators said the chief beneficiary would be the state-owned Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd, which have already been given the spectrum for 3G services, as well as Reliance Communications, which is still to roll out its 2G GSM network.
The Rs 1,808-crore modernisation and expansion plan for Chennai airport, which was recently cleared by the Public Investment Board and expected to begin this September, may not be sufficient to cope with projected growth in passenger traffic.
Vacationers are showing a preference for areas that are near to their cities and preferably, can be reached by car. The areas in demand are hill stations or beaches four-five hours away from a city. For hotels in the vicinity, this is the right time to rake in the moolah. For instance, room rentals at some of the vacation spots near Mumbai have gone up by as much as 30-150 per cent.
Talks have failed between the Dhoots of the Videocon group and Mahendra Nahata of Himachal Futuristic Communications Ltd to buy out the latter's 36 per cent stake in all-India mobile licence-holder Datacom Solutions.
3G mobile services, to be launched in India on August 22, is set to have serious competition. The reason is simple: if you are looking for high quality video streaming of movies and want to play multiplayer on-line games, it's not 3G services alone you need to look at.
Stringent visa procedures, astronomical hotel rates and a scarcity of event tickets have proved a dampener for Indian visitors to the Beijing Olympics, which began today.
The exclusivity clause for closing the deal between private equity investor WL Ross and SpiceJet that ended on July 31 has been extended because the US-based company is re-negotiating with creditors to write down their debt with the low-cost carrier.
We will not be in the ultra-low-cost car segment. Our focus will be on the A1 and A2 segments, which are growth areas in which many of the new players like Nissan, Volkswagen or Toyota are planning to enter. Our entry-level car will remain the Maruti 800.
With 3G mobile services, which provide high-speed downloads of data, movies and videos, around six month away, mobile phone makers are getting ready to offer handsets for as little as Rs 3,500, against the currently available minimum price of over Rs 8,000.
At a time when crude oil prices are softening internationally, domestic carriers are raising fares by as much as 10 per cent to boost yields and cut losses. The new rates will be effective from August 1.
However, portability services, which were earlier expected to be launched by the end of the year in the four metros -- Delhi, Mumbai, Kolkata and Chennai -- as well as Tamil Nadu, have now been delayed till February or March 2009 (the DoT has said that it will start operations six months after the licence is granted).
Get ready to be pampered when you fly abroad next time. Stung by the slowdown in the US, international carriers are going all out to woo travellers from countries such as India, which are still registering a double-digit growth in outbound traffic.
DoT identifies more spectrum, to expand auctions from earlier estimate of five in each service area.
Major travel agents have threatened to stop selling domestic and international air tickets until airlines agreed to restore commissions that they had said they would scrap starting October 1, citing higher costs and slower growth.
This follows the show-cause notice that was issued to the company last month by the ministry of informaton and broadcasting and the response given by the company. According to highly placed sources, the letter of suspension of Bharti's DTH licence has been moved within the I&B ministry because it is not satisfied with the response sent by Bharti Telemedia.
The department of telecommunications has raised questions about the merger between Idea Cellular and Spice Telecom violating key clauses on intra-circle merger and mobile licence conditions.
The Department of Telecommunications (DoT) has mooted a proposal under which operators will pay a one-time fee for all spectrum allotments beyond 6.2 MHz.
The Department of Telecommunications is examining a proposal to auction around nine licences for 3G -- or third generation -- services among incumbents and new players in place of an earlier proposal to allow five players in this space.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances