Amid concerns over alleged poaching of pilots, Air India told Akasa Air that petitioning a competitor to collude in restricting the rights of staff to change an employer could potentially violate the competition law. Air India CEO and managing director Campbell Wilson wrote a letter to Akasa Air CEO Vinay Dube against the backdrop of Akasa Air raising concerns about Air India Express hiring pilots from the airline. The letter, dated September 21, followed a letter by Dube to Tata Sons on September 11.
This means once a DTH consumer buys a set-top box, he will be able to access the service of any service provider with technical changes in the box. The ministry of information and broadcasting has asked the Bureau of Indian Standards to draft norms for advanced DTH set-top box technology, including related to interoperability of the boxes.
Broadcast tribunal TDSAT on Monday came down heavily on Zee-Turner for not providing its channels to Tata Sky, a direct-to-home service provider and ordered that the channels should be made available by this evening.
Now, the two have taken their rivalry to another level -- brands.
Broadcast tribunal Telecom Disputes Settlement and Appellate Tribunal asked Sun Tv on Tuesday to produce a copy of the stay order granted by Madras high court on its interim order directing it to share signals with direct-to-home operator TataSky.
In a move, which may allow direct-to-home service providers to beam exclusive channels, the Telecom Regulatory Authority of India has sought a review of the existing policy, which bars such channels on DTH platforms.
With the addition of 2 lakh subscribers every month, private direct-to-home (DTH) service operators Dish TV and Tata Sky may cross Rs 650 crore (Rs 6.5 billion) in revenues for financial year 2007-08, a three-fold increase from 2006-07. The revenues of private DTH operators may cross the Rs 1,000-crore (Rs 10 billion) mark in 2008-09 with a total subscriber-base of 8 million. Private DTH operators have to pay 10% of their revenues as the licence fees to operate the services.
RComm will test launch its direct to home services Big TV this week, which would include some niche channels that are currently not available in India.
With over 40 million active subscribers (as of March 2013), DTH has grown tenfold from just 4 million customers six years ago.
As the Rs 25,000-crore (Rs 250-billion) consumer durables industry has done away with price cuts this year, companies are providing consumers with a new hook -- value-added offers.
In the battle between the conditional access system and the direct-to-home services, the latter seems to be edging ahead.
With the Telecom Regulatory Authority of India making sure that the Delhi high court's order on conditional access system in cable TV is adhered to
The keenly-awaited Hexa is here, and sports many Tata firsts in its segment.
Reliance Anil Dhirubhai Ambani Group (R-ADAG) is all set to begin a price war in the direct-to-home market by offering its connection about 43 per cent lower than any of the existing players. Big TV will offer its DTH service for Rs 1,490, while the lowest-priced connection is currently being offered by Dish TV at Rs 2,190, followed by Tata Sky at Rs 2,400.
IIM Lucknow has concluded its 2020-21 final placements.
"I do not want India to be an economic superpower. I want India to be a happy country." - JRD Tata
IndiGo's size should be compared with global carriers, and not other domestic airlines, chief executive officer Pieter Elbers said on Tuesday, adding that such benchmarking will help India transform its airports into aviation hubs. Elbers flagged the tendency to scrutinise domestic competition, assess fares on domestic routes, and determine if they are high. "But if we want to build some hubs, we should have a broader look," he said during a panel discussion at a convention organised by All India Management Association (AIMA).
Full service carrier Vistara expects to add a total of 10 planes as well as hire more than 1,000 people in the current financial year and has shelved plans to fly to the US, according to a top executive. Currently, Vistara, which is set to be merged with Air India, has a fleet of 61 aircraft and a staff strength of over 5,200. During an interaction in Istanbul this week, Vistara CEO Vinod Kannan said there has been a ready pool of talent, especially pilots and cabin crew members, with the collapse of Go First.
The film will releases both in theatres and digitally, reveals Subhash K Jha.
Singapore Airlines first approached the Tatas, its old choice for a venture in India, and was aware of AirAsia negotiations.
Tata Group chief N Chandrasekaran on Thursday reached out to employees of Air India asking them to work together to build the airline that the country needs, while asserting that the "golden age" of the carrier lies ahead. In a welcome letter to the employees of Air India, after the Tata Group took over the management and control of the airline, Chandrasekaran, chairman of Tata Sons, reflected on the airline's "brilliant past" but said the entire nation is now waiting to see what "we will achieve together". "From the day of the announcement (of Tatas winning the bid), one word has been on everyone's lips: Homecoming.
Growth has been slowing year-on-year for the IT sector but investors have continued to bet on it.
Unprecedented rains and floods in the northern region in the past few days have not only caused extensive damage to lives and property but have also impacted business and commercial establishments. Vegetable prices have gone through the roof in the national capital and many other parts of the country since rains started pouring earlier this month. Traders say vegetable prices would come down only after roads open and skies clear, even as water in the fields will take time to recede.
Tata's comments come a little over two weeks after JLR management and its workers agreed to a two-year pay freeze, subject to no compulsory layoffs for the next two years. This is also the first time the Tata chairman has made a direct public appeal to the UK government for credit support.
The government was also working on a package to promote connectivity and airports in the North Eastern states
Aviation regulator DGCA has asked Tata Group-owned Air India to repair its aircraft after a passenger complained on social media on Monday about the plane's shabby interiors, including a broken armrest, officials said. The Directorate General of Civil Aviation (DGCA) had last Wednesday grounded a SpiceJet aircraft over a passenger's complaint of dirty seats and malfunctioning cabin panels. The SpiceJet plane took to the skies a day later after all the suggested repairs were effected.
The government is keeping its options open.
Deal to help RCom reduce debt, Sun gain subscribers in new markets
Can the Election Commission step up to the plate and exert its Constitutional powers with non-partisan conviction, asks Mitali Saran.
'India is a high-cost market but that is man-made. The government can change that with a stroke of the pen.'
In terms of market capitalisation, Zee alone has a market cap of Rs 24,000 crore compared to Rs 15,000 crore of the merged Reliance entity.
This was mostly driven by Qatar Foundation Endowment's $1.26 billion investment in Bharti Airtel.
At Rs 20,000 crore (Rs 200 billion), e-commerce has seen one of the fastest rates of growth in investment activity this year.
Zee is estimated to have paid around Rs 225 crore for the complete rights of Radhe. The total revenue that it may earn could be around Rs 135 crore, implying a shortfall of Rs 90 crore.
French aerospace major Thales Group is eyeing major expansion in India. The group has started planning to set up a maintenance, repair, and overhaul (MRO) organisation in India to support Indian airlines - many of which are its customers for avionics support. "We are looking to set up an MRO, so that they don't have to travel to West Asia or Singapore. "Final decision is yet to be taken, but this is a clear intent showing the growth potential in India that we are looking to set up a sub-centre here," said Yannick Assouad, executive vice-president, avionics at Thales, who was on her maiden visit to the group's India office at Bengaluru since taking charge.
Rajesh Karkera journeys in monsoon rains and through verdant countryside to the little-explored pristine Lonar lake in eastern Maharashtra.
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
Market regulator Sebi has sought clarifications from the merchant banker of Videocon D2H Ltd, the satellite television arm of Videocon Group, regarding the company's proposed Rs 700 crore (Rs 7 billion) initial public offer (IPO).
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
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