The government has raised over Rs 11,356 crore (Rs 113.56 billion) from divestment of public enterprises during the past three years.
Bharat Sanchar Nigam Ltd is expecting a 20-25 per cent surge in its domestic long distance traffic volume following a 47 per cent cut in STD rates earlier this week.
In a big bonanza to telecom customers, state-owned Bharat Sanchar Nigam Ltd on Monday announced a massive up to 47 per cent cut in domestic long distance rates on fixed line phones beyond 500 km.
As per the latest data released by Telecom Regulatory Authority of India (TRAI), Vodafone Idea -- born last year from the merger of older operators Vodafone India and Idea Cellular -- continues to be the largest operator with 38.75 crore consumers and 33.36 per cent market share in the wireless segment as on May 31, 2019.
Visitors to Taj Mahal will be able to access the Internet through Wi-Fi hotspots with Bharat Sanchar Nigam Limited launching the facility on Tuesday.
The call charges for distance beyond 100 km will be Rs 1.80 per minute in place of Rs 2.40 per minute earlier, the company's Chairman Prithipal Singh said in New Delhi.
The Bharat Sanchar Nigam Ltd on Monday slashed international long distance tariffs by up to 70 per cent on account of the festive season, beginning October 21 mid-night to November 21.
Bharat Sanchar Nigam Ltd has unveiled a new plan, 'Plan 140', for its mobile post-paid customers, even as the service provider has extended its special scheme for CellOne connections up to October 31, 2003.
Customers making frequent long distance calls can now avail the benefits of 47 per cent drop in STD rates, as Bharat Sanchar Nigam's reduced tariff of Rs 4.80 per minute for long distance calls beyond 500 kilometres has been effected from Friday.
VSNL was taken over by a bout of volatility in early trades on Monday, losing 4.35% to Rs 80.15, but then picking up to make good much of the loss.
Bharat Sanchar Nigam Ltd and Mahanagar Telecom Nigam Ltd on Tuesday cut STD rates to lower the mobile-to-mobile call charges from a peak of Rs 9 a minute to Rs 4.80 a minute.
50 per cent of the flashlights market in the country is dominated by Chinese imports, which have been increasing.
It reported adding 698,3146 subscribers in September, the lowest since it added 6.1 million in November 2017.
The asset monetisation exercise in the first phase will help BSNL shave off its Rs 14,000-crore debt. The government has said that these firms are strategically important and will not be closed down or divested.
Top companies have grabbed a bigger pie of their sectors in the pandemic period, leading to a further rise in market concentration in many industries as measured by the Herfindahl-Hirschman Index (HHI). The HHI score, which indicates competitive intensity in an industry (or a lack of it), reached a new high in FY21 as bigger firms raised their revenue market shares either organically or through mergers and acquisitions. A higher HHI score indicates a rise in market concentration in favour of a few firms while a lower score means that the industry's revenue is more evenly divided among many companies
The company, which has a subscriber base of 120 million, also plans to raise funds via a bonds issue. The company's impending 4G launch is also expected in the second half of the current financial year for which it would invest Rs 12,000 crore, partly through bonds.
Globally China, Japan, Russia and South Korea and the US are the top FTTH markets.
Sun TV had approached the Home Ministry for security clearance.
Will be valid only for the first two months of a customer's joining
Both Airtel and Vodafone claim they did everything possible to resume services.
BSNL Chairman and Managing Director P K Purwar told PTI that the scheme will be open between November 4 and December 3, and that instructions have already been given to field units to inform employees about the VRS offering.
The department has joined hands with BSNL and Pantel Technologies.
Rediff reader RP Prajapat, 42, from Jaipur tells us how he lost 15 kg in six months.
Shares of Bharti Airtel on Wednesday fell 6 per cent amid reports that the government is learnt to have approved levying of Rs 650-crore penalty on the company for violating roaming norms in 13 service areas between 2003 and 2005.
The move comes against the backdrop of the US and some of its allies banning the purchase of Chinese telecom gear over security concerns and pressuring other countries to follow suit.
Minister said the government wants to bring them back to profitability.
Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.
ONGC is the country's most profitable PSU.
Given the military's requirement for watertight cyber and communications security, L&T will establish a Security Operations Centre which will deal with security threats.
The teenager was injured in clashes between protesters and security forces in Harwan on Friday.
The service will cover areas where no network is available and will be provided by INMARSAT, which has 14 satellites.
The government last month had approved a plum Rs 69,000 crore revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and offering VRS to employees so that the combined entity turns profitable in two years.
'The announcement has come too late. This should have been done years ago.'
Maran was called on Monday but he skipped the scheduled meeting.
'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.
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