Paynimo, an advanced retail payment platform from Techprocess, has tied up with Book Your Game, which allows users to discover workouts and group exercises near their location for a subscription fee. Paynimo’s big advantage, compared with other payment gateways, is that it supports sending users text messages with links for making their payment. “It has […]
Maruti Suzuki´s utility vehicle sales doubled in October, riding on the launch of new models like Vitara Brezza and S-Cross. The SUV (utility vehicle) sales increased 90.9 % to 18,008 vehicles in the month compared with last year. This is a continuation of the trends seen in recent months. So far in this financial year, […]
Even as the average speed of Bharti Airtel remain high, the total number of people who conducted 4G speed tests from Airtel’s network is only 3% of total number of people who were conducting similar tests from Jio. In fact, Jio users accounted for 91% of the total 4G speedtests conducted using TRAI’s ‘My Speed’ […]
Lypsa Gems and Jewellery Ltd said it tied up with Jewelsouk.com to sell ‘Lypsa Atelier’ branded diamond-studded jewellery. “This tie-up is part of our E-commerce push. Lypsa Atelier is currently available on Flipkart, Snapdeal, Craftsvilla, Shopclues in addition to Jewelsouk.”, said Jeeyan Patwa, Director, Lypsa Gems and Jewellery Ltd. Lypsa plans to start with around […]
In an attempt to gather more information about actual Internet speeds experienced by its customers, Reliance Jio has placed 14 servers on Ookla’s bandwidth testing service. With this, Jio users can test their speed using either the Ookla app, or speedtest.net website. The move has come in the wake of criticism that many of its […]
Reliance Jio welcomed Bharti Airtel’s move to set up 7,007 additional points of interconnection to ease traffic between the two players, even as Airtel promised that it would uphold the law. The moves indicate the end of a bitter battle between the newcomer and India’s largest operator over connection rights to each others’ networks. Airtel […]
Hit by competition from Reliance Jio, rivals Bharti Airtel, Vodafone and Idea Cellular are exploring the possibility of making voice calls ‘totally free’ under their upcoming VoLTE service, according to industry sources. VoLTE calls can only be made by phones that support 4G voice facility, and an estimated 99% of existing telecom subscribers do not […]
Angel Broking said it believes that the US Federal Reserve is likely to raise policy interest rates starting from December this year. The broking house was responding to the latest move by the US central bank to keep rates steady at its last policy decision before next week’s US Presidential election. “The Federal Reserve has […]
Idea Cellular has started offering ultra-low call rates in its biggest market, Kerala, for those who generate a unique porting code under mobile number portability. While companies typically do make calls to find out the reason why a subscriber is porting out, it is rare for Idea — which has close to 43% revenue market […]
Fitch Ratings said Reliance Industries’ unit Jio will be able to take advantage of the strong growth expected in India’s telecom sector in the future. Jio is India’s biggest 4G operator and at present carries an estimated 5-10 times the data of all other wireless operators combined. “We expect RIL to be able to take […]
Vodafone said it will extend its 4G network to 1,000 towns in India by end of the year. The company, which launched its 4G service in Rewari in Haryana today, said the initial roll-out consists of Mumbai, Delhi, Kolkata, Karnataka, Kerala, Haryana, Gujarat, UP (E) and West Bengal circles. The nine circles contribute to just […]
Despite media reports claiming that Reliance Jio has extended its free Welcome Offer to March, company sources indicate that such a decision has not been taken. The offer, which includes free voice and data usage, was unveiled on Sept 5 by Mukesh Ambani at Reliance Industries annual general meeting. At the time, Ambani had said […]
OnMobile Global Limited launched its new consumer brand, ONMO, and showcased some of its other new products. “The company has been working towards this change for over two years now. It has made significant investments in core technology, product development, processes and people to get ready to serve consumers directly,” said the company. Onmobile has […]
Bharti Airtel said it was expanding its 10-GB-for-Rs-259 offer to all new 4G handsets on its network irrespective of make and brand. The company was earlier giving the offer to select models and customers. ‘New 4G handset’ usually means any 4G handset that has never been used on Airtel’s network. In other words, if you […]
Pharma major Sun Pharma said it tied up with research organization International Centre for Genetic Engineering and Biotechnology to develop vaccines for dengue. The vaccine is targeted against all the four serotypes of Dengue virus that cause disease in humans and is being developed to commercialize in Indian and international markets. A serotype is a […]
L&T Technology Services, a leading global provider of digital engineering solutions announced that it has secured a new multi-year, multi-million dollar contract with a large global semi-conductor company to provide verification support on their expansive portfolio of offerings and products. The client is a one of the world’s most respected technology companies, the company said. […]
Low-cost carrier SpiceJet said it was introducing three new Boeing 737-800 jets as it ramped up its operations for the winter by introducing 8 new flights and an equal number of new connections. With the introduction of the new and additional flights, SpiceJet will operate 334 flights a day. The Boeing 737 is an American short-to […]
Speciality Chemicals company Aarti Industries Ltd said it will buy back12 lakh equity shares at Rs 800 each, aggregating to Rs 96 cr. The company´s Board of Directors approved the equity shares — representing up to 1.44% of the company’s base. “The public announcement setting out the process, timelines and other requisite detail will be released […]
Lypsa Gems and Jewellery Ltd said it reduced its secured debt by 25% by repaying a loan of Rs 75 mn to Bank of India. As of today, its debt stands at Rs 235 mn, down from Rs 31O mn as of 31st March 2016, it said. Debt Equity Ratio has dropped from 1.03x to […]
Low-cost carrier SpiceJet said it is offering a flat 12% discount on flights between India and Dubai. The discount will be applicable for flights between Dubai and any of the Indian cities Kozhikode, Kochi, Hyderabad, Jaipur and Mangalore. Customers can avail this offer by using a promo code –´TRAVEL12´– while booking. Booking can be done […]
