SpiceJet added 19 new domestic and 3 new international flights under its revised summer schedule, taking its total daily flights to 360. New flights have been introduced in sectors like Surat-Jaipur, Surat-Hyderabad, Surat-Goa, Jammu-Dehradun, Jaipur- Chandigarh-Jammu, and Bengaluru-Thiruvananthapuram and Delhi- Thiruvananthapuram. It said flight frequencies have been enhanced on sectors including Dehradun-Delhi and Bengaluru-Vijayawada — […]
Infosys Chief Executive Officer Vishal Sikka said the company’s performance in the January-March period was below his expectations for various reasons. “It is a challenging performance,” Sikka said in a post-result press conference. “We were expecting a higher number,” said, adding that the situation in the last quarter will have some impact on the new […]
Infosys Ltd said it expects its revenue to grow by a modest 6.5-8.5%, stripped off the impact of currency movements, in the year that started this month. The street was expecting a guidance of 7-9% growth. The guidance is well below the traditional guidance range of low two digit percentages. Last year, it had guided for a growth […]
A video of a working Reliance Jio ‘DTH’ TV has been leaked by a Gujarat-based Youtube user, even as Airtel unveiled its own ‘Internet TV’ today. The Youtube user demonstrates a working set-top-box, complete with HD channels and various other features. Even though the uploader calls it Jio DTH, there is nothing in the video […]
Airtel Digital TV launched what it called India’s first hybrid set-top-box with built-in Android and a host of advanced gaming and Internet functions at a price of Rs 4999. Customers can also get one year of free subscription by paying Rs 3,000 extra. It will be available online exclusively on Amazon India starting April 12, […]
Reliance Jio is all set to relaunch its earlier 303 and 499 plan, but with three-times the earlier validity, according to sources. This would help it side-step issues around continuing with free services. UPDATE: The new offer will be called Dhan Dhana Dhan and will have slightly different recharge values. The 303 offer has been […]
The Telecom Regulatory Authority of India’s network benchmarking app MySpeed is no longer listed on the Android Play Store. The link for the app throws an error saying ‘the requested URL was not found on this server’. It is not clear whether TRAI pulled the application or whether it was taken down by Google. It […]
Vehicle worth Rs 5,000 cr with BS-III certification could not be sold by the deadline of March 31, the Society of Indian Automobile Manufacturers said today. In addition, it said, the industry sustained a loss of about Rs 1,000-1,500 cr due to the deadline, it said, adding that the total loss was about 6,000-6,500 cr. […]
Cairn India said its gross production of oil and gas across all assets rose 2% to 184,585 barrels of oil equivalent per day (boepd) in the Jan-March quarter compared to the preceding quarter, but declined 6.3% on year. Gross production from Rajasthan block averaged at 157,338 boepd for the quarter. With this, the average gross […]
With the prospect of the entry of Reliance Jio into the cable and broadband market, Ortel Communications — the largest cable network in Orissa and an emerging player in neighboring states, has slashed its broadband rates. The company has removed all its sub-1 Mbps plans and replaced them with plans having speeds of 1 Mbps […]
Reliance Jio has officially withdrawn its Summer Surprise offer on its website and put up a new banner saying that it will be introducing new plans soon. “We are updating our tariff packs and will be soon introducing more exciting offers,” the company says on its website in place of the Summer Surprise details, as […]
Free services from Reliance Jio, the telecom services arm of Reliance Industries, brought down the amount of money paid by telecom subscribers in India by about Rs 4,400 cr in just the last three months of 2016, an analysis of the sector data revealed. The numbers indicate that the company’s free offers have helped Indians save a […]
Air India has been told to remove Shiva Sena MP Ravindra Gaikwad from its ‘no fly list’ after pressure from Gaikwad’s party on the central government. According to reports, the MP had tried to book flight tickets again today morning, but could not. However, Air India has now removed the ban on his flying. The […]
NTPC Ltd, India’s largest power producer, has taken its total installed production capacity beyond the 51,000 MW mark with the addition of the 660 MW Solapur Super Thermal Power Project in Maharashtra. The total capacity of the NTPC Group has become 51410 MW, including 20 coal based, 7 gas based, 10 solar PV, one Hydro, […]
Reliance Jio’s withdrawal of its Summer Surprise Offer is unlikely to make any difference to most of its customers, and the company may even come up with a new version of the plan to comply with the ban. “The Telecom Regulatory Authority of India (TRAI) has advised Jio to withdraw the 3 months complimentary benefits of Summer […]
India’s ministry of power has set up a committee to examine concerns around the participation of Chinese companies in the country’s fast-growing transmission sector. Since large Chinese firms typically have close ties to the Chinese government, concerns have been raised by both Indian companies as well as some security experts about letting them manage large […]
Government of India has moved to block the signals of ABS Free Dish, a free DTH service in India, but questions remain as to how practical the move is. “Ministry of Home Affairs mentioned that the transmission of DTH service by ABS is without any application to the Ministry of Information and Broadcasting and not […]
Broking and financial firm HDFC Securities Ltd said it does not expect the US Federal Reserve to start sucking out the liquidity that it has infused into the global financial market in the last nine years any time soon. The comments came in the wake of the release of the minutes of the Federal Open […]
State-controlled telecom services provider Mahanagar Telephone Nigam Ltd said it has sought permission from the Department of Telecom to sell some of its assets to pay down debt. “In order to come out of the debt, the management of MTNL is considering the proposal for asset monetization, i.e., lease or sale of real estate and […]
Sun Direct, the DTH service from Sun Network, has unveiled three new HD subscription plans that make it the cheapest provider of HD TV services in India. The plans are priced at Rs 51, 101 and 150, including taxes. The cheapest pack provides 23 HD channels — with the exact composition depending on the language […]
