While consumers feel that petrol pinches directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use.
British telecom giant Vodafone could face a downgrade in its credit rating by Standard and Poor's if its proposed bid for Hutchison Essar Ltd exceeds $19 billion, a media report said in London.
Under the new agreement, IBM will provide end-user services to airtel employees across Africa in French and English.
The porn clip controversy in Karnataka Assembly led Union Telecom Minister Kapil Sibal to take a dig at the Bharatiya Janata Party on Wednesday saying the party is having "all the entertainment".
The top four Indian IT firms have cash reserves of nearly $15 billion with TCS alone holding $5.9 billion in reserves, followed by Infosys with $3.6 billion, and Wipro with $3.4 billion. HCL Technologies has cash reserves of $1.75 billion.
'I have personally been very keen on investing in lithium ion battery technology for some time.'
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
The Delhi Auto Expo has grown into a high-profile event where car makers, Indian and foreign, announce new models and reach out to customers. Business Standard tracks the meticulous planning that goes into the event.
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
Agriculture Minister Sharad Pawar on Thursday rejected corporate lobbyst Niira Radia's claim that he lobbied with A Raja.
It is learnt that the defence ministry is refusing to let go of its 100 MHz spectrum, which was allotted earlier. In that case, the department of telecommunications (DoT) will be left with only 175 MW of 5G spectrum of the total 300 MHz.
The broad idea was endorsed by the DoT's internal panel in its report on the Telecom Regulatory Authority of India's recommendations last year on spectrum management and other licensing issues.
During the first half of 2010, the sector topped the chart in print advertising.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.
'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.
Last week, Essar had decided to prepay $900 million of this debt to foreign lenders.
The only feasible way to have a healthy banking sector could be making it mostly private, along with two or three large, better-run government banks, suggests T N Ninan.
The government's plan to list state-run telecom major Bharat Sanchar Nigam Ltd will be delayed due to the company's mounting losses and high payout for 3G spectrum.
A panel headed by Economic Affairs secretary Arvind Mayaram had suggested FDI limit be raised to 49 per cent in almost all sectors through the automatic route.
Seeking urgent steps by mobile operators to check call drops, regulator TRAI on Wednesday said their performance would be reviewed after 15 days and warned it will "cross the bridge" if they fail to do the needful.
Experts contend that this setback, even if temporary, could put the company at a disadvantage to its competitors in acquiring new customers.
During the said period, the Consumer Complaints Council of ASCI found 15 advertisers, including Reliance Communications and Idea Cellular, fast moving consumer goods player Dabur and Elder Pharma and coaching centre Career Launcher, violating the council's code.
Indian IT giant Tata Consultancy Services, telecom major Bharti Airtel and wind-turbine maker, Suzlon are among the global firms that have high sustainable development standards, a report by leading Swiss lender, Bank Sarasin, has said.
RIL's standalone net profit rose one per cent quarter-on-quarter
Interview with Anant Gupta, HCL Tech's president and chief executive officer.
Bharti Airtel on Thursday said it has always followed highest accounting standards.
Some of the firms that have witnessed major drop in analysts' coverage include Dish TV, YES Bank, and JSW Energy.
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.
The Supreme Court on Friday slammed CBI for its "slipshod" investigations into the 2G spectrum allocation scam, in which the alleged role of Telecom Minister A Raja has come under the scanner, saying "the same minister is still continuing today".
The amendment says that UIDAI can now give directions as it may consider necessary to any entity in the Aadhaar ecosystem
Mobile phone companies wish to curtail toll-free calls from customers. According to a proposal being evaluated by the Telecom Regulatory Authority of India (Trai), calls made by customers to the phone company, other than complaints, will have to be charged.
The phone works on Time Division Synchronous Code Division Multiple Access (TD-SCDMA).
The decision had been communicated to the department of telecommunications, a senior official of the department told Business Standard.
Trai plans to allow consumers to change operators without changing set-top box
In February, Wang Jianzhou, China Mobile's chairman and CEO, told Business Standard at the Mobile World Congress in Barcelona that the company was keen to expand to India. China Mobile has over 450 million subscribers. RCom, which offers CDMA mobile telecom services and started GSM services a few months ago, has over 70 million customers. An RCom spokesperson declined to comment and an email query to China Mobile was unanswered.
With an aim to offer more spectrum to wireless fidelity (Wi-Fi) networks for faster Internet connectivity to the users, the government is considering proposals to delicense spectrum for two new wireless technology standards 802.11(a) and 802.11(g).
BSNL will use the investment for mobile expansion and for services like 3G, broadband, wireless broadband, IPTV, WiMAX, mobile commerce (m-commerce), value-added landline, Enterprise Resource Planning and others.
