A Vodafone Group insider with more than 25 years in the telco across geographies, he's like the eyes and ears of the multinational in India.
Reliance has around 90,000 telecom towers now, half of which are operational and owned by the RIL and rest on lease.
Google had started the Station as a five-year partnership with the Indian Railways and RailTel in 2015 to provide fast, free WiFi in over 400 stations by mid-2020.
Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
On Monday, Ambani had said the Reliance group was open to join hands with Bharti Airtel for improving telecom network for 4G services in Punjab.
RCom had won 3G spectrum in 13 circles, including Delhi and Mumbai.
the broader NSE Nifty settled 114.90 points, or 0.96 per cent, higher at 12,086.70. Axis Bank was the top gainer in the Sensex pack, rallying 4.21 per cent, followed by Vedanta 3.75 per cent, SBI 3.39 per cent, Maruti 3.20 per cent, IndusInd Bank 3.07 per cent and Yes Bank 2.87 per cent. Bharti Airtel slipped 1.98 per cent, Kotak Bank 1.38 per cent, Bajaj Auto 0.88 per cent, Asian Paints 0.31 per cent, HDFC Bank 0.05 per cent and HUL 0.03 per cent.
Videocon launched an app-powered air conditioner.
'That it is happening in the second half of the year, during the festive season, will only encourage many to step up advertising.'
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
The policy change was originally scheduled to come into effect on February 8, the Facebook-owned company said.
The top court pronounced the verdict on a number of petitions challenging the restrictions and internet blockade imposed in Jammu and Kashmir after the abrogation of Article 370 in August last year. The court heard the petitions filed by various petitioners including Congress leader Ghulam Nabi Azad and Kashmir Times editor Anuradha Bhasin.
The recognition that content - video in particular - will be the next big thing in the telecom wars requires no rocket science.
Within hours of going on indefinite strike, the employee unions of BSNL on Tuesday called off the protest after the government assured that the issue of disinvestment in the telecom PSU will be referred to a Group of Ministers.
Rajeev Suri, the head of Nokia's telecoms network equipment division, is likely to become the Finnish group's next chief executive following the sale of its handset business to Microsoft.
Kavin Bharti Mittal, son of Airtel's Sunil Mittal, speaks about why he came back to India from the UK, his new business venture, paying for mobile apps and the need for co-founder support.
While everybody is talking about the vast potential of 5G, the uptake of such services in India depends on operators getting around 100 Mhz 5G spectrum. At the reserve price proposed by Trai, getting this spectrum will cost a telco around Rs 490 billion. Which amount could be difficult for operators to mop up, given the financial stress they are undergoing, says Kiran Rathee.
'The promises of netas and babus and new laws, however well-meaning, mean little.' 'What matters is implementation on the ground.' 'Every law is finally implemented by a vast army of offici
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.
The income tax department has moved the Supreme Court stating that private telecom service providers are liable to deduct tax at source for the payments made to state-owned BSNL and MTNL for inter-connectivity.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
BAK Telecom India, the Indian subsidiary of the $300 million company, is in talks with the TN government, while the necessary approvals had already been taken. China BAK, which is listed on Nasdaq as CBAK, is the sixth and the second largest battery maker in the world and China respectively.
The bench also took on record, the statements of Solicitor General G E Vahanvati that the government was considering comprehensive changes in the archaic Indian Telegraph Act, 1885, which laid down rules for interception of telephones.
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies.
'If you are dark, you can't be a hero.' 'If you have curly hair, you can't be a hero.' 'If you were muscular, you had to become a fighter.' 'Today if you are muscular, you can be a hero.' 'Salman Khan made being muscular fashionable.'
Facebook is fast learning the limits of tech exceptionalism.
Bucking the overall downtrend, shares of RIL rallied nearly 10 per cent, capping the Sensex loss to a large extent.
Diversified private telecom operator Bharti Televentures on Wednesday unveiled a unified branding strategy for all telecom services with Airtel as the flagship brand.
BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher
Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent.
Tata Teleservices' GSM innings is likely to be a tough one despite its innovative offerings and tie-up with the Japanese market leader, NTT DOCOMO.
On the 30-share index, Maruti was the biggest loser, shedding 3.60 per cent. Other major laggards were Yes Bank, IndusInd Bank, Tata Steel, Hero MotoCorp and NTPC -- ending up to 2.33 per cent lower.
Speaking at the sidelines of the launch of its pre-paid 3G mobile service, MTNL's CMD R S P Sinha said: "In the first year of operations, we want between 200,000 and 300,000 customers for our 3G services." Interestingly, after about six months of operations, MTNL has only 400 subscribers for its 3G service, which has been branded 'Jadoo'.
Some of the firms that have witnessed major drop in analysts' coverage include Dish TV, YES Bank, and JSW Energy.
Suggesting big-ticket reforms to attract investment in the infrastructure sector, a high-level committee on Wednesday recommended increasing electricity charges and rail fares.
Top losers in the Sensex pack on Friday included Bajaj Finance, ONGC, IndusInd Bank, PowerGrid, L&T, Axis Bank, NTPC, Bharti Airtel, HDFC, HDFC Bank and Kotak Mahindra Bank, falling up to 2.08 per cent.
Mahindra British Telecom is planning to recruit an additional 2,000 workers over the next 12 months on expectations of rapid growth in industry.
Axis Bank was the top laggard in the Sensex pack, plunging more than 5 per cent, followed by HDFC, Bajaj Finance, ICICI Bank, Tata Steel, Bajaj Auto, HDFC Bank and IndusInd Bank. On the other hand, M&M, Infosys, Asian Paints, UltraTech Cement and Tech Mahindra were among the gainers.
Admitting a report of MRTPC's investigative unit DGIR, a Bench of the quasi-judicial body, headed by Justice O P Dwivedi, issued 'notice of enquiry' and started judicial inquiry against these operators for cartelising and increasing prices of telecom services simultaneously. Admitting a report of MRTPC's investigative unit DGIR, a Bench of the quasi-judicial body, headed by Justice O P Dwivedi, issued 'notice of enquiry' and started judicial inquiry against these operators.
