"Tata Communications' agreement with China Entercom allows us to serve our many global and India MNC customers who require a single scalable and reliable global VPN with deep reach into both India and China, and broad reach around the world," Tata Communications President (Global Data & Mobility Services) Vinod Kumar said.
Celebrity craze has been a part of advertising-dom for years, but 2008 saw brands upping the ante on stars to go bigger and larger in numbers
With globalisation, the demand of third party logistics business, a western concept, is catching up in the country as Indian firms 'which are eager to expand in new markets' are turning towards it for better management of their supply chain processes, the chamber said. 3PL cuts conventional logistics costs and helps tackle more complicated tasks, he said. Currently, the size of the business is estimated at $58 million.
Addressing a press conference, Sunil Dutt, country head, Samsung Telecommunications, said, "We plan to double our turnover. We will focus on product innovation, and value-added services like internet experience on mobile and long battery life." Even Finnish handset biggie Nokia lost market share in India from 72.3 per cent to 69.5 per cent between January and March.
Value-added services (VAS) and mobile-content providers may soon come under a licensing regime. Security concerns regarding VAS have come to the forefront in the ongoing debate over security issues surrounding Blackberry services in India.
Oracle's Service Oriented Architecture is a business integration solution which enables telecom operators and other players like internet service providers, DTH to launch value added services in minimum time frame and with reduced costs.
The cash crunch following demonetisation and transaction fees that do not cover costs are among the reasons why the sector is struggling.
Here's everything you need to know about the Goods and Services Tax Bill.
Some analysts, however, suggest that car-makers threaten price rises every January in a bid to clear calendar year-end inventory. "There is always a threat from auto companies, usually in January, on a price increase in an attempt by them to clear the inventory. Sometimes, the ploy is never exercised," said Mahatesh Sabarad, a Mumbai-based analyst with Centrum Broking.
In a major relief, information technology hardware industry has decided to pass on the 4 per cent across-the-board excise duty cut to consumers which will help bring down the prices of IT products like TFT monitors, printers and projectors and computers and notebooks.
A better system of operating central and state PSEs, and indeed all commercial activities of the government, would require eliminating the current system that oversees them.
This means the consumers will have to pay an additional monthly subscription to get these HD channels. Currently, the popular DTH bouquets (80-120 channels) are available at Rs 150-300 a month across most DTH platforms.
"We have tied up with a technology partner, who is carrying out the field trials. We would provide 21 channels," MTNL Executive Director J Gopal told PTI. The company launched on Thursday Express alert, a value-added service for its Dolphin and Trump mobile subscribers. Subscribing to Express alert would give MTNL customers updates on astrology, cricket scores, news and stock.
Govt says domestic carriers' financial health a concern.
Parag Milk Foods, Prabhat Dairy, Hatsun Agro are sharpening their gaze on the retail space and buttering up their customers.
Engage, don't entice, advises advertising guru Sandeep Goyal.
The firm would require it to more than triple its CAGR of revenue to 18.5% for the next decade from 6%
The much-awaited auction of third-generation (3G) spectrum, essential to launch high-speed value-added mobile telephony services, will not happen this financial year.
The bill was passed by LS last year and now it has to go back to the Lower House for incorporating the amendments approved by Rajya Sabha.
As the strategic IT services partner for IMSS, TCS will provide IT services including application maintenance and support, custom software development, business analysis services and value-added initiatives for the organisation's affiliates, a release said. TCS won the order following a public bid process and an assessment based on technology and financial parameters, it added.
The largest challenge for the gigantic exercise between the Centre and the 29 states was to keep the latter interested over the years.
The feeling was that the higher levy would prompt the company to increase prices in the process hurting volumes. But the unchanged central excise duty, analysts say, outweighs the VAT increases in Maharashtra and Delhi. As a result, estimates for the current year have been upped with expectations that the company could grow its top line by as much as 13-14 per cent driven by a 6-7 per cent rise in volumes.
The strong correlation between its sales (revenue or turnover) and crude oil prices (average for the financial year) suggests that Ambani may be proved right.
Forget about the Tata Nano for Rs 100,000. Or buying a sleek Yamaha R15 for over Rs 97,000. An array of car models is now available at prices under Rs 100,000, thanks to an expected 20 to 25 per cent fall in used-car prices on certain models, in response to the government's decision to reduce Central value added tax (Cenvat) four percentage points for new cars.
Steel prices have come down by around 40 per cent since July this year. At present, prices of hot-rolled coil are ruling at Rs 30,000-32,000 a tonne. Ispat Industries director (finance) Anil Sureka said ex-factory prices of hot rolled coils were even lower.
Acceding to the long-pending demands of traders in Uttar Pradesh, the state government is planning to simplify the present structure of value-added tax. The state government also announced exempting handmade carpets (silk and wool) from VAT. "We will also close about 50 check-posts in the state in phases in order to safeguard the traders' interest. Unclassified items will also be categorised," he added.
Barjeel Geojit Securities has launched an online platform for NRIs to trade Indian Mutual Funds.
A combination of reduced cash intensity, a focused strategy of tax administration and GST is the way to go, say Sakshi Gupta, Tanvi Garg and Abheek Barua.
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
Economic growth was revised from 4.7 per cent in FY14.
The First Advance Estimates of National Income, 2016-17 did not reflect the impact of demonetisation, effected on November 9 and are based on sectoral data for only seven months to October.
Despite the enormous commodity potential in developing countries, agricultural finance has been decreasing steadily over the past 20 years
The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
If the government tries to bring in real estate under GST now, it will be a typical case of biting more than what one can chew, says Sukumar Mukhopadhyay.
Mishra alleged that the Aam Aadmi Party received money from a company of Delhi based lawyer Rohit Tandon, whose assets worth crores have been attached by the Enforcement Directorate over alleged money laundering after demonetisation.
The current salary paid by the Delhi government amounts to 17 per cent of the total expenditure.
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Founded in 2010 by Sanjay Swamy, Valerie Rozycki, and Amiya Pathak, ZipDial is a cloud-based mobile and analytics platform, which help companies reach out their targeted audience and do marketing through 'missed calls'.
The Telecom Regulatory Authority of India (Trai) has directed Vodafone Essar Mobile Services to refund value-added service (VAS) charges that were levied without "explicit consent". However, the regulator did not specify the amount the GSM major has to refund to the consumers.
The government is likely to refer the controversial issue of Blackberry mobile phones to the Telecom Commission to decide whether operators can continue offering this service. The issue of Blackberry was raised after Tata Teleservices recently said they have been denied the permission to offer this value added service by the Ministry of Home Affairs due to security concerns. Telecom operators like Bharti Airtel, Vodafone & Reliance are offering Blackberry services to users.
IMImobile, a provider of mobile content and value added services, found that Salman Khan, Hrithik Roshan, Akshay Kumar and Sanjay Dutt were most downloaded movie stars (male) in terms of mobile content in states like Delhi, Rajasthan, Karnataka, Andhra Pradesh, Punjab and Maharashtra. In the female category, Deepika Padukone, Priyanka Chopra, Lara Dutta and Aishwarya Rai were the top five names.
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