Tommy Wilkes And Devidutta Tripathy

Stories by Tommy Wilkes And Devidutta Tripathy

RCom to pull discounts as Q4 profit nearly halves

RCom to pull discounts as Q4 profit nearly halves

Rediff.com   5 May 2014

Mumbai-based Reliance Communications increased voice call prices by about a fifth late last month and also increased the base tariff for voice calls.

Court orders temporary halt on Sun Pharma's takeover of Ranbaxy

Court orders temporary halt on Sun Pharma's takeover of Ranbaxy

Rediff.com   1 May 2014

Two individuals filed the petition in the high court of Andhra Pradesh

NTPC to start up 3 new solar power plants

NTPC to start up 3 new solar power plants

Rediff.com   31 Mar 2014

NTPC has vowed to raise the amount of energy it generates from renewable resources

Reliance Jio in tower leasing pact with Viom

Reliance Jio in tower leasing pact with Viom

Rediff.com   17 Mar 2014

The company has similar pact with Bharti Infratel.

Kingfisher to appeal against Karnataka HC order

Kingfisher to appeal against Karnataka HC order

Rediff.com   3 Feb 2014

India does not have a formal bankruptcy process. Liquidation pleas could take years before a final verdict.

Delhi power regulator nods up to 8% tariff hike

Delhi power regulator nods up to 8% tariff hike

Rediff.com   31 Jan 2014

The Delhi Electricity Regulatory Commission said the surcharge was for a period of three months from February 1 or until any further order.

Bharti Airtel net profit rises 1st time in four years

Bharti Airtel net profit rises 1st time in four years

Rediff.com   29 Jan 2014

Bharti Airtel, nearly a third owned by Southeast Asia's top phone carrier SingTel, said it was helped by lower competition and an increase in voice call prices.

India cuts spectrum fee for big telcos to spur bids

India cuts spectrum fee for big telcos to spur bids

Rediff.com   27 Jan 2014

Telecommunication companies buying airwaves in an Indian auction next month will pay 5 per cent of their revenue as an annual fee.

Restrictions on local carriers flying abroad set to ease

Restrictions on local carriers flying abroad set to ease

Rediff.com   14 Jan 2014

Ajit Singh says will seek cabinet nod to scrap 5-year, 20 aircraft rule.

FIPB clears Vodafone's plan to fully own local unit

FIPB clears Vodafone's plan to fully own local unit

Rediff.com   30 Dec 2013

The foreign investment regulator cleared a decision on Vodafone Group Plc's $1.6 billion plan to take full ownership of its local unit.

Trai sticks to spectrum price-cut proposals

Trai sticks to spectrum price-cut proposals

Rediff.com   6 Nov 2013

The telecommunications regulator had recommended last month that the reserve price for spectrum in the 900 megahertz band in some key cities be cut by about 60 percent, and also suggested a 37 percent cut in the reserve price for spectrum in the 1800 megahertz band.

Jet Airways posts worst quarterly loss of Rs 891 crore

Jet Airways posts worst quarterly loss of Rs 891 crore

Rediff.com   23 Oct 2013

Jet Airways in which Abu Dhabi's Etihad is buying a stake, reported its worst quarterly loss on record as carriers in Asia's third-biggest economy battle high fuel costs and taxes.

Trai sticks to spectrum price-cut proposals

Trai sticks to spectrum price-cut proposals

Rediff.com   23 Oct 2013

The telecommunications regulator had recommended last month that the reserve price for spectrum in the 900 megahertz band in some key cities be cut by about 60 percent, and also suggested a 37 percent cut in the reserve price for spectrum in the 1800 megahertz band.

Bharti Airtel buys out Qualcomm stake in India 4G broadband JV

Bharti Airtel buys out Qualcomm stake in India 4G broadband JV

Rediff.com   18 Oct 2013

Bharti Airtel Ltd, India's top telecommunications carrier, said on Friday it had bought out Qualcomm Inc's stake from a fourth-generation (4G) broadband joint venture in the country, taking full ownership of the business more than a year earlier than planned.

L&T net profit rises 7%, beats analyst estimates

L&T net profit rises 7%, beats analyst estimates

Rediff.com   18 Oct 2013

Larsen & Toubro, India's largest infrastructure builder, reported a 7 percent rise in quarterly profit, beating analyst estimates, as it booked increased revenue despite a weak domestic economy.

Nokia tax dispute: India freezes some assets

Nokia tax dispute: India freezes some assets

Rediff.com   1 Oct 2013

Nokia said the freezing of the fixed assets would not have any impact on the day-to-day operations of the company.

Air India probing overheated oven on Dreamliner flight

Air India probing overheated oven on Dreamliner flight

Rediff.com   26 Jul 2013

The overheating of the oven during a July 24 flight from New Delhi to Kolkata did not cause a fire

Vodafone offers Rs 4,000 cr for licence renewal in 3 cities

Vodafone offers Rs 4,000 cr for licence renewal in 3 cities

Rediff.com   1 Jul 2013

The price offered is about a quarter of the value set by the govt in an auction that was scheduled for March 2013 but never took place.

Postal department to apply for bank licence: official

Postal department to apply for bank licence: official

Rediff.com   27 Jun 2013

The department has a network of more than 150,000 post offices across the country.

Grounded Kingfisher Airlines posts Rs 2,142 crore loss

Grounded Kingfisher Airlines posts Rs 2,142 crore loss

Rediff.com   31 May 2013

The company had dent of about Rs 14,070 crore.