With telecom and banking majors stepping up mobile banking services, 2011 is poised to be the year that would transform your banking habits - making payments or checking your account balance on your mobile.
A day after mobile charges were hiked by leading operators, Telecom Minister Kapil Sibal on Thursday said consumers should be offered the lowest call rates. "We want consumers to be offered calls at lowest rates," Sibal told PTI.
Reliance Jio saw fall in speeds from 7.2 mbps in September to 6 mbps in October, according to CLSA report.
In the not too distant future, you could see 5G technology being used for functions such as remotely-performed robotic surgeries, mine equipment operated remotely or cars driven by someone sitting hundreds of miles away. While these ideas will certainly find application globally, the urgent need for them in India could spur swifter adoption here than elsewhere.
Cellular operators' body COAI had, last year, alleged that the new entrant Reliance Jio was attempting to acquire customers by offering connection loaded with freebies, in the guise of a trial launch.
Mittal said he discussed a plethora of issues with Commerce and Industry Minister Piyush Goyal and sought the government's support for faster clearances to streamline the group's investment plans.
Leading telecom players like RCom, Tatas, Vodafone and Idea Cellular failed to bag a single circle for Broadband services, saying the BWA spectrum price was too high to make a viable business case.
Pranab Mukherjee's stewardship of the economy will stand out as much for the manner in which he managed controversies as for creating quite a few of them, says A K Bhattacharya.
Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.
More companies with unconventional business models to get into messy legal hassles in India.
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
The SC had reserved its verdict on a bunch of similar petitions.
Telecom operators in India appear to be gung-ho over the prospects of value-added services which help them to differentiate, add substantially to their margins while simultaneously be a precusor to third generation or 3G regime. The recent creative campaigns of majors like Vodafone (ZooZoos), Airtel (R Madhavan and Vidya Balan), Virgin Mobile (music download) and Aircel's (Internet applications) are a case in point.
The Department of Telecom may bar operators holding 3G airwaves from sharing the high-speed spectrum.
According to rating agency Fitch, India can in the long run support five-six profitable telecom operators.
Jaitley was reacting to a question by CNBC TV18 on Rajan's remarks last week.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Jio is targeting to differentiate its services via superior data and an associated ecosystem of content.
Big three telecom companies term Jio's free voice calls predatory pricing
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Recently, companies like Bharti airtel, Idea Cellular, Vodafone and Reliance Communications raised tariffs for their services by about 20 per cent in most operating circles.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
Cellular Operators Association of India (COAI) and Association of Unified Telcom Service Providers of India (AUSPI) have opposed the proposal to compensate consumers.
The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
New telecom operators who have been given licences to operate pan-India GSM mobile services are all set to fight a bitter battle with the established GSM players like Bharti Airtel, Vodafone and Idea Cellular.
While Indians are increasingly using mobile platforms and technology for various financial transactions and purchases like bill payments, ticket bookings, entertainment, travel and banking transactions, cross border mobile remittance is yet to see the light of the day.
The latest deal would give Facebook deeper access to India, the second largest internet market after China.
It is important to clarify that availing of an exemption is neither evasion nor tax planning.
The bids for pan-India 3G telephony spectrum touched Rs 8,382 crore (Rs 83.82 billion), up 140 per cent from the base price, on the 14th day of auction on Monday.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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