The company's investments in telecom business reached 15-20% of capital employed.
Telecom equipment maker Motorola plans to invest $17 million and hire nearly 500 people at its India R&D centre here every year, officials said on Thursday.\n\n
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Israel-based ECI telecom is mulling opening a subsidiary in India for research and development, to cash in on the talent pool and low cost of operations.
Eyeing a share in the growing value-added services market in India's telecom sector, US-based communications company Telenity will set up an R&D centre in New Delhi with an initial investment of Rs 30 crore (Rs 300 million).\n\n
The firm would require it to more than triple its CAGR of revenue to 18.5% for the next decade from 6%
The US-based 3Com Corporation on Tuesday opened its India Research and development Centre, (IDC), in Hyderabad through a strategic partnership with Mars Telecom.
India attracted $1.4 billion FIIs in November, says a report by HSBC.
Writes to Trai, Mumbai Police to catch unauthorised SMS senders
Telecom companies (Airtel, Vodafone, ABNL-via Idea Cellular), which enjoy larger reach, appear to be better placed among the key companies bagging payments bank licences.
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
Investors turn their attention to export-driven sectors.
Apple is expected to introduce its first new product since the iPad in 2010, a smartwatch, later on Tuesday.
The Centre opposed the plea by telling the apex court that it is a question of national security as militancy still poses a serious threat in Jammu and Kashmir and cited a recent incident where hundreds of people gathered in the valley for a funeral of a militant killed by security forces.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
Lower cost and easier termination may well be among the reasons that companies seek to have employees on contract. The share of employees on contract has increased to 57.3 per cent of the total workforce this year as compared to 53.7 per cent in the previous year.
This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year
State-owned BSNL would be the biggest gainer followed by MTNL if the government changes the inter-connect usage charges, based on TRAI's consultation paper, according to a recent report by equity research firm J M Morgan Stanley.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
If convicted, the offences entail a maximum punishment of seven years.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
The BSE 30-share index after a positive opening stretched to 31,772.41, but could not stay there for long buffeted by the selling pressure. It hit a low of 31,562.25 before settling lower by 79.68 points, or 0.25 per cent, at 31,592.03.
Nortel Networks, which has so far outsourced R&D worth Rs 1,000 crore from India over the past 5 years, is planning to increase its product research development work locally in the core areas of switching and enterprise voice.
Three more positive cases of novel coronavirus have been reported in India.
HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
During the month, inflation in vegetables shot up to 35.99 per cent, as against 26.10 per cent in October. Likewise, the prices of cereals and eggs grew at a faster pace of 3.71 per cent.
Last year, there was almost 16 per cent increase in hiring by the Global Capability Centres in India.
Major losers include Lupin 1.96 per cent, along with Tata Motors, Coal India and Sun Pharma.
In a breakthrough, scientists in the UK have achieved the "fastest ever" broadband speeds of 1.4 terabits per second - enough to transmit 44 high-definition movies at once.
Reliance Jio saw fall in speeds from 7.2 mbps in September to 6 mbps in October, according to CLSA report.
Overseas education consultant NNS Chandra offers advice.
Without Google's Android operating system, Huawei may have to put off new launches.
Employers believed that frequent job movements are indicative of indecisiveness in a candidate and demonstrate a lack of loyalty.
The minister plans to reinstate the Railways as the backbone of the economy
