'Before you work on your business plan, before you build your team, you should have a clear idea about what your product is, who your customer is, how valuable the product is, and whether the market is deep and wide.'
With its foray into self-drive, Ola will go head-to-head with early entrants Zoomcar, Revv and a few other.
RCom and Aircel have permits for 3G services in 13 out of 22 service areas while Tata Teleservices has permit in 9 circles.
To introduce 'Guest First' programme to attract corporate customers; its market share and load factor lower than rivals
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
The department of telecom has issued letters of intent to BT for national and international long distance services for offering managed services to corporate customers having sites in India.
Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
If the deal goes through this will be second deal for Ebix in seven months, having bought Centrum group's forex and travel business Centrum Direct for a reported Rs 1,2000 crore valuation last August.
Verizon Communications, the second-largest US telecommunications group, is to expand its global communications network to provide its multinational corporate customers in fast-growing markets like China and India with additional services. The decision comes as US telecommunications groups including AT&T increasingly look outside their domestic market for revenue growth from higher value added services.
The civil aviation ministry and the directorate general of civil aviation plan to award the low-cost carriers some key morning and evening peak-time slots (a fixed time for departure or arrival of a particular flight) lying unused with the full-service carriers at metro airports like Delhi and Mumbai. DGCA officials and airline officials confirm that airlines like Jet and Kingfisher are not using around 10 per cent of their slots during the peak periods.
Newly-formed Tata Indicom Enterprise Business Unit, the sales and marketing initiative of the group's four telecom service providers, would soon have a new participant with VSAT provider -- Tata Net -- set to join the initiative.
Videsh Sanchar Nigam Ltd and Cable & Wireless have tied up to provide enhanced global connectivity services to Indian corporate customers in the IT-enabled Services segment.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
Internet gateway and service provider Videsh Sanchar Nigam Ltd and telecom service provider Asia Netcom has signed a strategic partnership
Some airline sources, however, fear it will reduce overall yields
'The industry growth in 2016< came from the new digital technology segment which grew at over 20%.' 'The challenge for the industry is that the legacy business makes up almost 80% of revenue.' 'Hence the urgency to transform into digital business.'
Average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month. A lot of government projects have been announced but these are yet to translate to boost CV sales.
This licence will further enhance the niche role Doha Bank is playing and facilitating the movement of trade between Qatar and India.
Take a look at the 10 biggest IT deals ever.
At present MTNL and BSNL do not impose roaming charges for mobile internet services on each others customers.
Nestle has maintained healthy growth in Japan by maintaining a a tradition of trying out off-beat marketing tactics.
The corporate sector took production cuts, conducted inventory management and reduced staff to meet challenges following the govt's note ban decision
HealthifyMe is an app that connects users to fitness trainers virtually, motivate them on goals.
Rama Krishna Sangu, partner, Manohar Chowdhry & Associates, Chartered Accountants, and a member of the Indirect Tax Committee of ICAI, fielded readers' questions on GST on Rediff Chat.
Ola Cabs, which started out in 2010, has raised over $1 billion of funds.
Ninety years later, BA counts the country as its second-biggest overseas market after the US.
With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
After six years in the business, the scorecard of Bengaluru-based QwikCilver is impressive, with a 90 per cent market share.
Under Sharma Axis Bank has also taken the lead in focusing on technology, which has now become core to almost every other lender's strategy.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
Days after low-cost carrier AirAsia announced it would launch its India operations by the end of the year, IndiGo Airlines President Aditya Ghosh, 38, tells Sudipto Dey in an interaction why his airline is not one that should be worried.
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