Reliance Communications said its merger with Sistema Shyam Teleservices has been approved by the Bombay High Court. The Anil Ambani company is merging with SSTL, which operates telecom services under the MTS brand in India. After the merger, RCom shareholders will hold 90% of the resulting entity, with the remaining held by MTS. After this […]
Power generator ABB said it developed, manufactured and energized a 1.2 mln volts ultra high voltage power transformer to support India’s plans to build a 1,200 kV transmission system. The new grid will supplement the existing 400 kV and 800 kV networks as demand for electricity increases. “The 1.2 million volt transformer represents the highest […]
IT brand Zebronics India Pvt. Ltd said it launched its latest portable bluetooth speaker ‘ZEB-PK’at a price of Rs 1,111, making the model among the most affordable. ZEB PK has a rubber grip for easy carry and color changing lights inside the dual cone speaker. The audio power enhances with dual 7.62cms drivers and 10w […]
itel Mobile said it has launched its s flagship selfie phone, ´it1520´ at Rs 8,490 in India. it520 is equipped with wide angle 13 MP front and back cameras, Iris scanner, 4G-VoLTE connectivity and a Reliance Jio connection. The model runs on Android 6.0 Marshmallow. “The latest launch from itel is the perfect smartphone companion […]
Though Vodafone has not revealed exactly which bands it has bought spectrum in, some analysts have already published charts which purportedly show the company’s spectrum purchases. According to the chart, out of the Rs 20,000 or so that Vodafone spent, about 9,221 cr has been on 2.5 GHz band, about 7,315 cr on 2.1 GHz […]
Though Vodafone has not revealed exactly which bands it has bought spectrum in, some analysts have already published charts which purportedly show the company’s spectrum purchases. According to the chart, out of the Rs 20,000 or so that Vodafone spent, about 9,221 cr has been on 2.5 GHz band, about 7,315 cr on 2.1 GHz […]
Vodafone India has not yet revealed their purchase details. They are expected to release it by about 11 am today. The earlier story was based on premature information. Please await the final confirmation from the company. Meanwhile, below, you can find the possible scenario of spectrum purchase by all operators in in the 2016 auctions, […]
Vodafone is estimated to have bought pan-India 4G spectrum worth around Rs 21,000 cr in the just-concluded spectrum auction — the largest India has seen. The number also makes Vodafone the biggest spender at the 2016 slug-fest. The runner up is Bharti Airtel at a distant Rs 14,200 cr. Though the final numbers and details […]
Reliance Jio Infocomm Ltd (“RJIL”) announces that it has successfully acquired the right to use 269.2 MHz (UL+DL) spectrum across all 22 Service Areas in India in the recently concluded spectrum auction conducted by DOT, Government of India. Service Area wise details of spectrum acquired are as per below. Service Area 800 MHz band (Paired) […]
In a surprise development, Idea Cellular made its entry into the world of TDD LTE with its first ever acquisition of unpaired spectrum in the 2016 auctions. The company had so far confined itself to just one band — paired 1800 MHz. Unlike paired band (half of upload and half for download), unpaired spectrum delivers […]
Though Vodafone has not revealed its purchases yet, the pattern of announcements so far indicates that the company has purchased 4G spectrum in the 2.5 GHz band across India. The reason for this conclusion is that Bharti Airtel has been successful in buying 10 MHz (half of all) 2.3 GHz spectrum in most circles. 2.3 […]
Bharti Airtel said that it has acquired 173.8 Mhz spectrum across 1800/2100/2300 MHz bands for a total consideration of Rs 14,244 cr in the latest spectrum auction conducted by the Department of Telecom, Government of India. The company has acquired most of its new spectrum in the crucial 2.3 GHz 4G band, and some of […]
DHFL, one of India’s leading non-banking housing finance companies, cut home loan interest rates by 0.2 percentage points to 9.35% for its new customers with effect from October 11. The Company will offer the interest rate of 9.35% for loans upto Rs 30 lakhs which is categorized under affordable housing. The cut has come in […]
Production house Balaji Telefilms Ltd said it will launch the second season of television soap Naagin on Colors this Saturday. Naagin 2 is a sequel to Naagin which was very successful in its first season on Colors. The serial is a biweekly, appearing for one hour from 8 pm to 9 pm on Saturday and […]
Colgate-Palmolive (India) Ltd said it has signed an agreement in regard the selling of toothbrush manufacturing facility located at Waluj, Aurangabad. The manufacturing facility closed in May. Under the MOU, the land and building will be sold “as it is”. The company said it has identified a suitable buyer, to whom the property will be […]
Pharma Major Lupin Ltd. said its US subsidiary, Lupin Pharmaceutical Inc., has agreed to license technology from Monosol Rx to develop multiple paediatric-focused products. Lupin would develop the pediatric products utilizing MonoSol Rx’s proprietary PharmFilm drug delivery technology. MonoSol Rx’s PharmFilm technology is a drug delivery platform that provides precision dosing in the form of […]
Muthoot Finance, one of India’s largest gold finance company said it has partnered with a Indian electronic payments company TechProcess Payment Services whereby their customers will be able to repay EMI’s through a digital platform. The platform powered by powered by TechProcess will further enable Muthoot Finance to streamline its loan collection process and also […]
Bollywood´s peppy boy Ranveer Singh will promote the international fashion wear Jack & Jones new campaign “Don´t hold back”. The fashion brand has chosen the Bajirao Mastani actor as their new brand ambassador. And the fashion star along with the brand has already made a rap song to kick start the campaign which is entirely […]
Agri and Food FMCG company Ruchi Soya Industries Ltd. said it signed an agreement with the Government of Arunachal Pradesh to boost palm oil production through development of quality palm plantations and human capacity building. With this agreement, Ruchi Soya Industries Limited now has obtained permission for oil palm development in 45,000 hectares, covering 5 […]
Cadila Healthcare, a Ahmedabad headquartered pharmaceutical company owned by Zydus Group, said it has partnered with Switzerland-based global biopharmaceutical company Neovii to launch an drug to reduce the strength of the body’s immune system in India. The drug named Grafalon is extensively used in solid organ transplants and stem cell transplant, said the company. The […]
