The Directorate of Enforcement is investigating Ringing Bells, the company which has launched smartphone for Rs 251, for alleged contravention of FEMA.
"If telecom changed the game for how business was done in India, then we need 20 more of those systemic game-changers to take us to the next level," Ronnie Screwvala tells Pavan Lall.
The exponential number of downloads can be attributed to a call by Prime Minister Narendra Modi, asking people to have the app on their mobiles, combined with the government's push for downloading of the app through other channels, reports Neha Alawadhi.
The Bill could be introduced in Lok Sabha very soon.
The company's investments in telecom business reached 15-20% of capital employed.
Trai has invited comments till January 7 on its paper on differential data pricing.
Long-term investors should consider moving into smaller stocks. Rather than try to pick stocks, it makes sense to build a diversified portfolio by exposure across midcap and small caps funds, suggests Devangshu Datta.
The CBI had registered a case against former telecom minister Dayanidhi Maran, his brother MP Kalanithi Maran, Malaysian business tycoon and Maxis owner T Ananda Krishnan, and Maxis Director Ralph Marshall in October 2011.
State owned Mahanagar Telephone Nigam Ltd will lose an additional revenue of up to Rs 300 crore (Rs 3 billion) for not implementing the standard tariff package announced by telecom regulator Trai.\n\n\n\n
Idea has slashed prices by up to 67% for 3G/4G internet packs for both post- and pre-paid users.
Bharat Sanchar Nigam Ltd is likely to file three to four alternate tariff packages for basic telephony services with Telecom Regulatory Authority of India.
In a move that may bring some relief to basic subscribers, Bharat Sanchar Nigam Ltd is working out alternate tariff packages with 'flexibility and value additions,' and expects to file the new tariffs with the telecom regulator this month.
Ericsson claimed Xiaomi has violated HC order.
Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
Trai is planning to map the quality of service of all telcos.
Lower cost and easier termination may well be among the reasons that companies seek to have employees on contract. The share of employees on contract has increased to 57.3 per cent of the total workforce this year as compared to 53.7 per cent in the previous year.
India on Monday said it could consider imposing "some kind of safeguard duties' on Chinese imports to bridge the huge trade gap as it cannot be sustained in the long run.
Major carmakers in the country are loading barrels for the coming battle in the field, reports Arnab Dutta.
About 40 per cent of respondents felt fraud had gone up in India, while 67 per cent said the new Act would improve governance.
E-KYCs and Aadhaar authentication are of crucial importance to the fin-tech companies as the recent RBI instructions require strict KYCs for these players to function in the market.
SoftBank's investments in the past two years include $627 million in online-retailing marketplace Snapdeal and leading a $210 million funding round in taxi-hailing app Ola Cabs.
Ninety-nine companies, which also include some unlisted ones, have more than Rs 100 crore each of minimum alternate tax credit on their books, cumulatively adding up to Rs 75,000 crore. By utilising MAT credit, many companies will be able to bring down their effective tax cost.
In a breakthrough, scientists in the UK have achieved the "fastest ever" broadband speeds of 1.4 terabits per second - enough to transmit 44 high-definition movies at once.
Regulator's nod assumed more importance after the Maggi issue.
The new e-mail campaign asks Facebook users to act to save free internet access, while stating that free access to basic internet services is in danger.
Likely to seek FIPB approval to raise holding; deal could bring FDI of about $696 mn.
Apart from the Google team led by AI scientist Manish Gupta, the company will also partner with the research community across the country to focus on tackling challenges in fields like healthcare, agriculture, and education.
