India has around 355 million Internet users, second only to China, says a report
In a dig at Jio's Rs 1,500 4G-enabled feature phone, the Sunil Bharti Mittal-led company said its smartphone would be made available for the price of a feature phone
Reliance announced a rights issue of Rs 53,125 crore, which it said was the biggest in India.
Trai's move is seen as a relief for the debt ridden sector and the industry body COAI expects that continuing with six paise mobile call termination charge will not have any impact on consumers as operators have already absorbed this charge in their recently increased mobile call and data rates.
Ambani has unveiled an over Rs 1.8 trillion capex plan for the next three years.
In a meeting on Thursday evening, the RCom management, led by CEO Punit Garg, requested the bank representatives to release Rs 260 crore it received as I-T refund so that it could repay the dues to Ericsson.
Nokia has managed to enter the top-five list in the feature phone market within six months of its comeback
Bharti Airtel's total revenue for the December 2018 quarter stood at Rs 20,519 crore, just one per cent higher than the Rs 20,319 crore in the corresponding period of the previous year.
The number of telephone subscribers in India increased from 1,183.15 million at the end of May to 1,186.63 million at the end of June.
With their net debt estimated at Rs 1.15 trillion, the merged entity will not be in much of a position to dole out freebies, says Romita Majumdar.
'We are in the middle of an unprecedented SIP revolution.' 'Monthly inflow through SIPs will be Rs 15,000 crore to Rs 20,000 crore soon.' 'Traditional avenues of Indian savings like bank fixed deposits, gold or real estate are no longer attractive to invest.'
The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
The Mukesh Ambani-owned company had complained to Trai about incumbents offering segmented offers to different customers
Nearly $120 bn will come from private sector
The Note 7 features 5.7-inch display, 12MP rear and 5MP front camera, 64GB onboard memory and 3,500 mAh battery
Total income from operations, however, dipped 27 per cent to Rs 68,261 crore.
Unlike other SM sensations, 'Khan Sir' became a star with well-researched news-related videos, not 30-second inanities. Syed Firdaus Ashraf tracks down the elusive coach to IAS aspirants.
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
India's huge digital prowess and potential will play a huge role in enabling digital lending, says Romita Majumdar.
'What amazes me the most is that today users communicate with voice-activated speakers like as if they were talking to another human being, using words like "please," and "thank you," and even "sorry"!', says advertising guru Sandeep Goyal.
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.
Consolidated revenue rose to a record Rs 163,854 crore.
Gains were led by index heavyweights with Reliance Industries contributing the most.
Reliance Communications could become a much more formidable opponent.
'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'
He alone gets the credit for reviving consumer interest in Ayurveda, says Bhupesh Bhandari.
7 rounds have been completed with bidding in all 4 bands
While the most obvious beneficiary of this roll-out will be manufacturers of FASTags, or the Radio Frequency Identification chips, a PwC report says implementation of a pan-India electronic toll collection system on national highways may help save approximately Rs 87,000 crore annually.
Tamil Nadu Election Candidates, TN 2016, Deepika Election Live, Thanjavur Election are some of the apps keeping people hooked to their handsets.
The sharing agreement will provide more bandwidth for RJIL to provide its high-speed 4G services.
'Unless cash has ceased to be king, the issue is the same in the aviation, telecom and ecommerce sectors: Sustainability,' notes T N Ninan.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Customers may lose freebies or have to pay a little more for mobile services in the days ahead as operators try to make up for Rs 61,100 crore they have committed to government in the latest spectrum auction.
Events to keep an eye out for...
Jio and Ericsson tested the limits of 5G by demonstrating multi-gigabit speeds and super-low latency capabilities that are making new offerings such as remote control of machines and 360-degree 4K video streaming.
The Ambanis are the only Indian family on the top 10 richest families list in Asia.
Bharti Airtel is the largest mobile phone operator in the country.
Till now, Jio was primarily targeting the prepaid customer base, with only a few post-paid plans. Now, it is targeting post-paid customers, who usually spend over five times their prepaid counterparts and are more company-loyal.
In its letter Voda Idea has warned that it is not in a sound financial state, and added that it would be in a position to meet its liabilities only if the government initiates steps including allowing set-offs for GST credit accumulated so far, and permitting staggered mechanism for payment of balance amount of interest, penalty, and interest on penalty.
The alliance combines capabilities of both the companies to offer a set of solutions comprising connectivity, computing, storage solutions, and other technology services and applications required by Indian businesses, and will span the broad Reliance Industries ecosystem, including its existing and new businesses.
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