According to Nasscom, engineering services exports had grown at 13 per cent in 2017 compared to six per cent rise in IT services exports and eight per cent in business process management (BPM). It had also recorded the highest growth in the last three years, reports Debasis Mohapatra.
Anil Dhirubhai AG company Reliance Communications became the first CDMA telecom service provider in India on Monday to launch Blackberry, the push mail smart phone from Canada-based Research in Motion.
Flag Telecom, a subsidiary of Reliance Communications, has signed a $100 million
In the wake of recent submarine cable cuts that disrupted Internet and telephony services across the world, the Telecom Regulatory Authority of India (Trai) is looking at putting in place a mechanism to ensure immediate restoration of lines in case of such incidents in the future.
Other gainers included Kotak Bank, HCL Tech, ONGC, Asian Paints, Vedanta, HDFC Bank, Bajaj Finance, Maruti and TCS, gaining up to 1.41 per cent. Sun Pharma was the top loser, cracking 8.58 per cent.
Top losers in the Sensex pack included ICICI Bank, Tata Steel, Vedanta, HDFC IndusInd Bank, Tata Motors, RIL and ONGC -- falling up to 4.45 per cent.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
The Sensex is on course to ending calendar year (CY) 2019 at a price-earnings (P/E) multiple of 29x, the highest in 25 years. Current valuations are, however, lower than those seen in the early 1990s. The Sensex has risen close to 14 per cent in the last 12 months, while the index underlying EPS dropped 6.7 per cent during the period.
SBI was the biggest loser in the Sensex pack, shedding 2.40 per cent, followed by Yes Bank, Bharti Airtel, L&T, Sun Pharma, M&M, ICICI Bank, ONGC, RIL, Asian Paints, Vedanta and HUL, which lost up to 2.37 per cent.
Jio is targeting to differentiate its services via superior data and an associated ecosystem of content.
The number of base stations installed by Indian wireless operators is inadequate to provide high-quality services to the growing number of mobile subscribers, said a research.
Lower reduction in fiscal deficit is to stimulate demand in a weak economic environment post demonetisation.
With smart mobile devices inching out desktops and laptops, global research firm Gartner has said that it expects about half of first time computer purchases to comprise of tablets by 2017.
Sustained foreign fund inflows and strengthening rupee are among the main reasons behind the market rally.
Xiaomi said in a statement that "it isn't easy" to build up a patent portfolio as a start-up company, but it aims to have filed 8,000 applications by 2016.
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
The Indian Railways is replacing its outdated signalling system with the latest automated train protection technologies - European Train Control System and Train Collision Avoidance System.
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.
The actual number of people using mobile phones is 2.5 billion, as about a quarter of users are thought to have 2 or 3 mobile-phone connections.
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.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
'IIT-ians want to contribute to nation building and the Pan IIT meet provides a channel to do that. We want to move beyond words and set up an action plan for this,' says Pradeep Gupta.
The National Council of Applied Economic Research, which had forecast the country's economy to grow by 8.5 per cent in 2007-08, has raised projection to 8.9 per cent on improved performance of agriculture and services sectors.In case of industry, although the investment climate continues to be strong, the slower growth of exports may be a dampening factor, but retained the growth in industrial sector unchanged at 9%.
In one of the biggest broadband projects in the country, the state-owned telecom behemoth Bharat Sanchar Nigam Ltd is planning to provide broadband connections to 110,000 schools in the country
Both the smartphones from Research in Motion have in-built GPS, which would allow users to know their exact location and provide support for a wide range of location-based applications and services such as Google Map.
Apply the 'insurgent' tests on what Ambani, Ramdev and Agarwal have done of late, and you will start seeing the similarities rather than obvious differences of industry, upbringing or social station, says Shailesh Dobhal.
In the latter half of the year, there would be some economic recovery and return to normal business conditions.
The Indian market is driven by prepaid connections, which accounted for over 84 per cent in 2006. It is expected to reach 93 per cent by 2011.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
In 2015, as many as 15 major Chinese smartphone brands stepped into India.
Decline in hiring is not a surprise and is consistent with slowdown in growth rates and efforts of Indian IT to drive up productivity, says the report
China spends seven times more on infrastructure than India.
China spends seven times more on infrastructure than India.
BlackBerry Curve 8300 smartphone is the smallest and lightest BlackBerry smartphone ever to come with a full QWERTY keyboard.
According to telcos and analysts, this is due to SIM consolidation happening after the minimum recharge plans were implemented by incumbents.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
Zee and Star, the two largest media companies in India, are undergoing some radical ownership changes. What could it mean? Vanita Kohli Khandekar attempts an answer.
