Reliance Jio and Facebook will look to use WhatsApp for delivering goods from local neighbourhood kirana stores to consumers before expanding collaboration in education and healthcare sector, billionaire Mukesh Ambani said soon after announcing the mega Rs 43,574 -crore deal. "All of us at Reliance and Jio are delighted to welcome Facebook Inc," he said in a short video message posted on the group's social media handles.
New subscribers can avail new '3G Tariff', with local voice and video call charges at 20 paise per minute on own local network and 50 paise per minute for other local networks across Mumbai telecom circle with lifetime validity, MTNL said in a statement.
Major carmakers in the country are loading barrels for the coming battle in the field, reports Arnab Dutta.
India's huge digital prowess and potential will play a huge role in enabling digital lending, says Romita Majumdar.
Now sole contender as L&T Infotech quits race
This is the first time airwaves in 700 Mhz band will be put up for auction
A Central Bureau of Investigation officer, who was part of the probe team investigating the 2G spectrum scam, on Thursday denied in a Delhi court that A Raja's erstwhile private secretary R K Chandolia was falsely implicated in the case as he had refused to depose against the former telecom minister.
Apart from being a client of Sasken, North American telecom equipment maker Nortel is also a key investor in the company, holding over 10 per cent stake which it had bought in 2005. The company has invested close to $10 million to acquire the stake. Even before the filing of bankruptcy by Nortel, there was talk in the industry that Nortel is exploring a possible exit from Sasken.
A bigger problem is that there is no clear definition of "call drops".
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.
At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground.
Sam Pitroda, who holds close to 100 worldwide patents and has published and lectured widely in the US, Europe, Latin America and Asia, answered our readers' questions on the Union Budget on February 28.
Infosys claims it can deliver a full-fledged applications store within 6-8 weeks, with its application platform Flypp.
If the deal goes through, this would be the second largest deal for Wipro in the telecom space. Earlier in April, the IT major bagged a Rs 2,500-crore (Rs 25 billion) contract from another new operator, Unitech Wireless. Importantly, Wipro will be pipping seven other IT vendors, including IBM and Tech Mahindra, who were also in discussions with Etisalat, according to sources.
Last week, the Supreme Court refused to grant interim relief to the operators.
Bindisha Sarang takes a look at Vodafone's RedX and Airtel's new plan.
The objective of Section 72A is to make business operations tax-neutral encourages the amalgamation and restructuring of a company or firms by allowing set-off or carrying forward of unabsorbed depreciation and accumulated business losses.
Indian telecom sector has registered a phenomenal growth and has become second largest telephone network in the world after China.
Revenue jumped 54.5 per cent to Rs 156,291 crore.
Rival operators' lobby to approach Delhi High Court.
'We always believe that if you focus on the goal, you will overcome all obstacles. If you focus on the obstacles, you will never achieve your goal.'
These companies are also reinforcing their product line, changing product offerings, focusing on 'recession-proof' sectors like pharma and healthcare, education, telecom and utilities to tide over the dip in volumes.
A DoT panel has backed net neutrality and made some recommendations to push the cause
Rediff.com gives you a lowdown on the net neutrality issue that is today part of the national discourse.
Despite competitive conditions all round for industry players across India, the 50 companies on our list have managed to achieve an average revenue growth rate of 372 percent over the last three years.
HCL Technologies surged on Monday after the company said that it has won a BPO order worth $160 million from British Telecom.
The talent gap in the industry is huge, says N Chandrasekaran, MD & CEO, TCS.
The Economic Survey 2009-10 tabled in Parliament on Thursday said that ". . . This (launch of 3G technology) will provide existing operators a good opportunity as also foreign players to make an entry into the Indian market and bring in new technology and innovation."
'We have filed our draft red herring prospectus for a floating IPO for a net offer size of 86.6 million shares.'
M Muneer recommends segmenting the population on the basis of their propensity to embrace new technologies is the key to driving digitisation.
After gaining 300 million mobile wallet users in India, the firm has now expanded operations to Japan via PayPay Corporation, a joint venture established by SoftBank Corp and Yahoo Japan Corporation.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
This will be the country's largest order for telecom equipment and one of the world's biggest. The installed production capacity of GSM electronics worldwide is 250 to 300 million lines annually, suggesting that the order could account for more than 10 per cent of global production over the next three years.
A study shows that Facebook and Twitter could have an influence in at least 160 Lok Sabha seats triggering a debate but two senior Union ministers -- Manish Tewari (information and broadcasting) and Kapil Sibal (information technology and telecom) -- disagree.
Ask for file notings on dual spectrum, new licence issues.
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.
Ambani brothers on Wednesday showered lavish praises on Prime Minister Narendra Modi saying, India has now got a decisive and visionary leader.
The Indian authorities feared that these apps were transferring consumer data to locations outside the country, especially China, in an unauthorised and surreptitious manner. With servers in India, the data of local consumers would be stored in the country.
These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decoration, textiles, engineering goods, gems and jewellery. Several of these persons and their companies are said to be based in Kolkata, Gujarat, Bengaluru, Delhi and Mumbai.
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