Cracking down on incumbent operators’ efforts to block Reliance Jio subscribers from calling their customers, the Telecom Regulatory Authority of India has asked big GSM companies such as Bharti Airtel, Idea Cellular and Vodafone to provide connectivity to the new operator, according to sources. Meanwhile, certain other industry sources said no final decision was arrived […]
ICICI bank, an Indian multinational banking and financial services company, said its shareholders will get a reservation of 18.13 lakh shares in the upcoming initial public offering of its subsidiary ICICI Prudential Life Insurance. Only individual shareholders will be eligible for this reservation. On September 8, the private sector bank had said that it is […]
Reliance Jio has increased the number of TV channels on its JioTV app to 368, making it a potential competitor to DTH and cable TV platforms. JioTV, which started out as JioPlay, had only around 200 channels in the beginning. However, the platform has added about 50 channels every month over the last three months, […]
Rashi Peripherals, one of India’s largest mobile phone distributors, has announced that the iPhone 7 will be available in the country starting from October 7. “The smart phones will be available at over 1000 retail locations across India,” it said. The device was launched in the US yesterday, at a starting price of $650, or […]
Mukesh Ambani, India’s richest man and the chairman of Reliance Jio has given a rare interview in India’s largest newspaper accusing his telecom rivals of trying to use their incumbent power to violate the law. He said even Reliance Jio employees are having some trouble porting from rival operators to Jio’s 4G network. Ambani’s comments come […]
The National Payments Corporation of India, the country’s answer to VISA and MasterCard, today denied that its systems had been hacked. There were reports in the media that Chinese hackers had made off with data from NPCI servers. However, NPCI pointed out that it stores data only regarding its own products such as IMPS, UPI […]
Zensar Technologies, an RPG Group company, said it has bagged a digital transformation project from Avis Fleet, a South African taxi fleet management company. Though the company did not mention the value of the contract, it said that the project would be spread over a period of two years. Sandeep Kishore, CEO and Managing Director […]
BMW experience tour will be held this weekend in Aurangabad district of Maharashtra on the 10th and 11th of this month. The venue will be Hotel Manor Kranti Chowk which is opposite Rani Lakshmi Bai Park, added the company. Participants will be allowed to test drive and know more in detail about the BMW models, services and offerings, the company […]
Darktrace, a British cyber security company, said it partnered with AGC Networks, an India-based technology solutions provider to expand the market for the company´s self-learning technology. “This partnership allows more and more organizations to benefit from Enterprise Immune System technology across Asia, helping defend against today’s advanced cyber-threats,” said Sanjay Aurora, Darktrace Managing Director, Asia-Pacific. […]
Drug manufacturer Suven Life Sciences Ltd said it got three product patents from Canada, Europe & Hong Kong corresponding to new chemical entity for the treatment of disorders associated with Neurodegenerative diseases. The patents are valid through 2030-2032. According to the U.S. Food and Drug Administration, a new chemical entity (NCE) is a drug that […]
IT provider Wipro Ltd said Indian government’s Employees’ State Insurance Corporation has withheld payments due to it after the completion of a project, and it will take legal action to recover the amount. The seven-year contract, named Project Panchdeep, was completed on June 08, 2016, and Wipro provided an additional three months of support. “Wipro […]
K Raheja Corp launched its latest township project ‘Viva’, at Pirangut in Pune. Viva is spread over 77 acres of land and has independent bungalows, twin villas, townhouses, and plots which is located away from the congested main city, the company said. The project’s amenities includes cricket pitch, tennis courts, golf-putting zones, forest adventure trails, […]
Training provider Aptech Ltd said it is entering into preschool education through an alliance with Mumbai-based Montana International Preschool. Montana International Preschool powered by Aptech (MIPA) plans to set up 1000 preschools in India over the next two years. Aptech is the latest education company to enter the pre-school market. TIME, a pioneer in CAT […]
Kolte Patil, a real estate builder based in Pune, expects to increase the pre-sales for the current financial year by approximately 20% and is targeting deliveries of around 2,500 units. “Uptick in pre-sales is expected to sustain for the rest of the year,” company said. Company is also targeting launch of two projects at prime […]
India’s leading e-commerce marketplace, Flipkart has emerged as India’s most preferred e-commerce platform, the company said quoting “E-tailing Leadership Index” of research firm RedSeer Consulting. “With an overall score of 95, Flipkart has been ranked ahead of players like Amazon (87), Snapdeal (66), Paytm (65) and Shopclues (59), in the second edition of the survey […]
SpiceJet doubled its net profit to Rs. 149 Crore for Q1 FY17 as against Rs. 73 crore for the same quarter last year. Capacity deployed registered a growth of 37% over the same quarter last year and operating revenue was Rs. 1,522 crores, a growth of 37%. The profit increase was on account of higher […]
Quikr, a online classifieds business, said it has acquired Stepni, a Bangalore-based platform that connects vehicle owners with service providers like mechanics, garages and car accessory outlets near them. The move strengthens the company’s service offerings under QuikrCars, its vertical that focuses on all types of automobiles including cars, bikes and commercial vehicles, said the company. […]
YES Bank, the newest entrant to India’s banking sector, has turned out to be the most aggressive when it comes to taking advantage of India’s new payment infrastructure called UPI or Unified Payment Interface. While most banks are looking at UPI primarily as a replacement for cash transfer solutions like NEFT and IMPS, YES Bank […]
iBall, a consumer electronics company, launched two portable bluetooth speakers- iBall Musi Dangle and iBall Musi Square. Musi Dangle is priced at Rs 799 while Musi Square rates Rs 1,099. iBall Musi Dangle features a lancet strap for hanging the device around your neck. Whereas iBall Musi Square features a carbineer, which makes it convenient […]
GPT Infraprojects Limited, a manufacturer of concrete sleepers for Railways, announced that it bagged two orders from Indian Railways worth Rs 64 cr. First contract consist of the manufacturing and distribution of 1,66,600 nos of broad gauge concrete sleepers which will be suppied from company´s Panagarh factory in West Bengal. The project has to be […]
