Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
The consolidated revenue increased 20 per cent to Rs 8,422 cr
RJio is targeting the existing base of high-value customers.
Supported by slightly stronger global growth, improving export competitiveness and implementation of recently approved investment projects, India's growth is expected to recover from 4.4 per cent in 2013 to 5.4 per cent in 2014, the IMF said.
In an apparent bid to offset BJP candidate Pragya Thakur's controversial statement against slain IPS officer Hemant Karkare, Modi heaped praises on Mumbai police.
No matter who replaces Sharif, India must maintain its guard, says Col Anil Bhat (Retired).
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
The government is looking at building by-laws and floor area ratio so that you can build up instead of out, thus requiring less land.
The DoT estimates that it will receive Rs 29,524 cr in revenue from the telecom industry in FY18, which is 38% less than the Budget revenue target of Rs 47,300 cr for FY18
Railway Budget is the first indicator of possibly better days
'I was shocked by the kidnapping episode. I could have lost my life.'
'Too much energy these three years has been invested in turning the party into an election-winning machine.' 'To recover its mojo, the Modi government needs a more impressive set of economic figures to flaunt,' says Shekhar Gupta.
Their reopening followed Prime Minister Alexis Tsipras' reluctant acceptance of a tough package of bailout demands from European partners
A second vote will be held on Wednesday, on measures including justice and banking reforms, when a similar outcome is expected.
Appropriate policies will increase connectivity much more than spectrum auctions, says Shyam Ponappa.
Vistara announced the new fare model giving its economy class customers the choice to forego complimentary meal for a ticket price which is Rs 500-1000 cheaper than the standard fare.
Senior officials say the government might come up with an incentive package for the SEZs following the release of Foreign Trade Policy.
The Congress chief said if his party is elected to power, its government would spend 6 per cent of the GDP on education.
The RBI has created a stunted business model by which payment banks are supposed to shoulder the noble objective of financial inclusion without being able to make much money.
Within a year of selling its handset and services business to Microsoft, Nokia has again entered the mobile devices segment by unveiling a new tablet N1 in partnership with Taiwanese company Foxconn.
Union Railway Minister Suresh Prabhu aligns priorities, funding and organisation to shape a transformation agenda.
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.
For Facebook CEO Mark Zuckerberg, who visited the country for the first time in October, India might be one of his "priority markets".
The Trai order is expected to change how consumers pay for cable or DTH services. This will result in disruption within the TV viewing market.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
The scheme is yet to take off.
More than 250,000 gram panchayats are yet to be connected through broadband.
'To become more Indianised we had to be more colourful,' Rahil Ansari, Audi's India head, tells Ajay Modi.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
The Budget provides a reassuring message about Prime Minister Narendra Modi staying the course.
A fresh global skill gap study shows how India can tap opportunities in Germany, New Zealand, Qatar, Malaysia, The Netherlands, Saudi Arabia, Singapore, Sweden, Switzerland, UAE and the UK.
Piramal Enterprises has about Rs 10,000 crore (Rs 100 billion) cash on its books.
With cyber criminals becoming savvier by the day, learning how to safeguard yourself is imperative.
Aslam Hunani presents some of the frequently asked questions about health insurance in India.
But his nature, temperament, his skill to listen to others, and empathise with their pain and hardships will make him a far better president, a leader America has been longing for four years, notes Aseem Chhabra.
Both firms have made several applications for patents pertaining to digital payments in the country
How could India@75 improve law and order, courts, social, physical and soft infrastructure, efficient cities, e-governance, ease of doing business and other essential state functions by 2022, asks Shailesh Pathak.
'Our task at Mercedes is to have the right setup. It is the customers who make the decision. But, if our approach with the Indian customers is right, we will grow.'
Isn't National Intelligence Grid and UIDAI engineered by vested interests, asks Gopal Krishna.
