Bangalore-based OnMobile, a telecom value-added services provider, has acquired France-based Voxmobili, a software solutions provider, for an undisclosed amount.
India's second largest IT services company Infosys on Thursday reported a 3.1 per cent year-on-year rise in net profit to Rs 6,215 crore for the September 2023 quarter. The earnings (before minority interest) of the Bengaluru-based company stood at Rs 6,026 crore in the year-ago period. The company - which competes in the IT services market with TCS, Wipro, HCL Technologies and others - saw its revenue rising 6.7 per cent to Rs 38,994 crore for the just-ended September quarter.
The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.
Telecom major Bharti Airtel on Tuesday announced that it would provide 1 Mbps speed broadband at Rs 1,699 a month, and 512 Kbps speed at Rs 1,099. Data transfer limit in both cases in unlimited.
Faster connectivity, a host of value added services like internet TV, video-on-demand, audio-video calls and high-speed data exchange will soon be a reality in India as one of the biggest auctions begins today for 3G spectrum.
The Indian economy is estimated to grow at 7 per cent in the 2022-23 fiscal, down from 8.7 per cent a year ago, mainly due poor performance of mining and manufacturing sectors. As per the first advance estimates of national income released by the National Statistical Office (NSO) on Friday, the manufacturing sector output is estimated to decelerate to 1.6 per cent in the current fiscal from 9.9 per cent in 2021-22. Similarly, mining sector growth is estimated at 2.4 per cent in the current fiscal as against 11.5 per cent in 2021-22.
Former Australia pacer Jason Gillespie has questioned Pat Cummins' massive IPL price tag.
'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'
State-run telecom operator BSNL on Tuesday said it expects to close the fiscal with 10 lakh 3G users from seven lakh at present.
IMImobile, a provider of mobile content and value added services, found that Salman Khan, Hrithik Roshan, Akshay Kumar and Sanjay Dutt were most downloaded movie stars (male) in terms of mobile content in states like Delhi, Rajasthan, Karnataka, Andhra Pradesh, Punjab and Maharashtra. In the female category, Deepika Padukone, Priyanka Chopra, Lara Dutta and Aishwarya Rai were the top five names.
'The ministry may like to consider setting up an ombudsman similar to electricity ombudsman and insurance ombudsman, to ensure a time-bound resolution of consumer issues within the airline sector.'
After songs, movies and games, newspapers are now all set to become the latest addition to the ever expanding list of facilities available on mobile phones.
The panel, headed by the Union finance minister and comprising of representatives of all states and UTs, decided on tax rate based on recommendation of a group of ministers that looked at taxing casinos, horse racing and online gaming.
Nazara Technologies, a mobile content provider that creates games, expects to generate revenues worth Rs 100 crore (Rs 1 billion) from mobile games within the first year of 3G's launch.
Prime Minister Narendra Modi's call to make this decade a "techade" for India and the push for 5G, semiconductors and transformation through digital services is going to boost the technology sector in the country, industry players said on Monday. Modi, in his speech on the 76th Independence Day, touched upon all-round development of technology in the country, from 5G to push for electronic chips, laying of optical fibre cable (OFC) network across villages and enablement of digital entrepreneurship in villages through Common Services Centres, making the present decade as "techade" for India. Homegrown mobile devices maker Lava International's Chairman and Managing Director Hari Om Rai said electronics and technology sectors create about $4 trillion of revenue.
Reliance Communications will invest $60 million in Saudi Arabia to connect the kingdom and other Gulf states with 53 countries around the globe on its fibre optic network and provide value-added services to its network users. \n\n
But not before the concept clears regulatory roadblocks.
How does one measure the value of a 'like' in terms of two specific metrics, brand affinity/preference and brand purchase intent/loyalty?
Tata Consultancy Services has expanded its partnership with Google Cloud for generative AI offerings, the company said on Monday. Under the partnership, TCS will leverage Google Cloud's generative AI services to design and deploy custom-tailored business solutions for the clients. "Our launch partnership with Google Cloud on generative AI enables us to rapidly create value for our customers.
CanvasM said that within the next 6 months it will launch Colored Notes, a mobile phone messaging application, in India. Colored Notes will enable users to animate their text messages via emoticons.
A global value-added services (VAS) player, Buongiorno, has researched on the habits of browsers who surf the Internet on their cell phones. In India, analysts estimate that 20-25 per cent of mobile handsets can be used for Internet surfing. Embracers, for instance, are hooked on to the technology on mobile phones and battery power is their only limitation when it comes to being online. On the other hand, Pragmatists use mobile phones as tools to make their life easier.
India recorded the highest monthly exports during the fiscal in February, registering an 11.9 per cent growth to $41.4 billion, mainly driven by increased shipments of engineering goods, electronic items and pharma products. The trade deficit during February worked out to $18.7 billion, up from $16.57 billion in the year-ago month, as gold imports surged significantly. Merchandise imports were valued at $60.11 billion, up 12.16 per cent compared to $53.58 per cent in February 2023.
The Cellular Operators Association of India on Wednesday telecom regulator TRAI's order for slashing roaming charges by up to 56 per cent and said the move could lead to increase in basic tariffs.
GSM-based mobile operators are gearing up to launch a key component of web-based value added service - instant messaging - in the next three weeks, where a subscriber can send and receive real time messages.
The writing has been on the wall for some time. Exodus of senior leadership and growth behind its peers are reasons that have prompted Thierry Delaporte, the chief executive officer (CEO) of Wipro to resign, analysts said. Delaporte, Wipro's seventh CEO, also resigned without completing his five-year term, like his predecessor Abidali Neemuchwala decided to end his tenure prematurely in 2020. Phil Fersht, HFS Research CEO and chief analyst believes the change in leadership was at least six months overdue.
India's third largest IT company HCL Technologies on Friday reported a flat year-on-year growth in net profit in the March quarter at Rs 3,986 crore. However, the company posted an 8.4 per cent decline in net profit on a sequential basis, amid rising employee cost and tightening IT spends around the world. The company described the performance as "decent" in view of the global macroeconomic conditions.
Prime Minister Narendra Modi heaped praise on the Christian community on Monday for its role in giving direction to the society and sense of service, and said the country proudly acknowledges its contribution.
A careful reading of the national income accounts suggests that after a strong recovery from the pandemic, there has been a significant ebbing of dynamism over the last three quarters to more modest levels recently, note Arvind Subramanian and Josh Felman.
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
Indicating the growing interest of youngsters in cellphones, India's youth market for cellphones has been growing at 300 per cent in the recent years, says a study. The youth market for mobiles has touched 27.6 million this year compared to 8.3 million people in 2005, says the global study conducted by leading mobile phone maker Nokia.
Till now, 139 number was meant for knowing timing of train arrivals, departures, and seat/berth reservation availability and confirmation of the same. Now the same number can be used for booking your hotel rooms across the country.
Six of the top-10 most valued domestic firms added Rs 91,629.38 crore cumulatively in market valuation last week, with ICICI Bank and Tata Consultancy Services clocking maximum gains. During the last week, which was holiday-truncated, the Sensex rallied 929.83 points or 2.10 per cent. The list of gainers had Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), Hindustan Unilever Ltd (HUL), Infosys, ICICI Bank and Bharti Airtel.
Many companies are now doing product development from India. There are a lot of products and applications being developed in India, which are suitable for this market.
State-owned power company PowerGrid Corporation Limited has been awarded the national long distance (NLD) license by the department of telecom for its proposed foray into the telecom business.\n\n
To provide Internet access to travellers, Videsh Sanchar Nigam Ltd said on Wednesday it would set up cyber cafes at 68 major railway stations across the country.
'We carry 6.5 billion passengers every year. We have crossed seven billion this year, and are targeting 10 billion by 2030.'
