The launch date of Reliance Jio’s 4G service has been pushed back by 15 days to Apr 15, said a Kerala-based partner of the upcoming mobile operator. “They informed us that the (new) date is Apr 15,” he said. The first launch date given to the distributor was in “early March“. This was however postponed to […]
The number of people shopping online is expected to rise to 8 cr (80 mln) this year from 5.5 cr in 2015 with better infrastructure in terms of logistics, broadband and Internet-ready devices, according to an ASSOCHAM-PwC study. The overall e-commerce industry, valued at $25 billion at present has been growing at a compounded annual […]
Customers of Idea Cellular turned out to be the happiest among those of all the big private telecom operators in India, while those of Reliance Communications were the most likely to make complaints to the regulator or the government. Among all private operators small and big, MTS’ subscribers made the highest number of complaints per […]
It’s an idea that India’s most popular news anchor Arnab Goswami never tires of plugging, but it is Times group’s local rival Zee News which has beaten Goswami to launch the first Indian origin global news channel. The channel, christened WION, will cover global news events from a ‘South Asian perspective’, which should be a […]
Honda Motorcycle and Scooter India said it has started dispatching the new Deluxe version of its entry-level commuter bike CD 110 Dream. The motorcylce is priced at Rs 43,997 plus tax in New Delhi. The self-start version is costlier by around Rs 2,200. “The new color graphics – black with green stripe, introduced exclusively for […]
The new Real Estate Regulatory Bill is a step in the right direction, but could end up making property costlier, Neha Hiranandani, director of Mumbai-based House of Hiranandani said. “Though the objectives are noble and correct in the long term, we believe lack of clarity on the various mechanisms proposed will only add to costs […]
India is set to nearly double its solar power generation capacity in the ongoing financial year and comfortably exceed its target of adding 1.8 GW of extra capacity during the year. According to numbers obtained from various government sources, the country is all set to end the current financial year with a total solar power generation capacity of about […]
Reliance Jio, which is yet to sign up a single paying customer, has already overtaken most of the telecom operators in India as far as tower numbers are concerned. As of last month, the upcoming operator had already erected around 1.2 lakh towers in India. This means that by now, Jio — which is still […]
The State Bank of India, India’s biggest lender, said India’s news media was flouting established ethical norms in its reporting of the Vijay Mallya episode. The media has been blaming state-owned banks for ‘going slow’ or showing a lack of due diligence when advancing loans to the businessman, who is now known to be in […]
The launch of Reliance Jio’s 4G service is not being postponed, an analyst report said quoting a company insider, adding the company is likely to go for a phased roll out. “.. a recent company insider has mentioned that Jio launch is not being postponed and that there was a misquote. While we believe that […]
Giving in to a long-standing demand, the Indian government has allowed new gas producers to enter into negotiated pricing deals with their customers subject to certain ceiling tariff. At present, gas prices are fixed by the government through a formula. The policy guidelines would be applicable to future discoveries as well as existing discoveries which […]
Ola has extended its autorickshaw booking facility to three new cities — Mysore, Gurgaon and Noida. With the launch in these three markets, Ola Autos are now available in 12 cities across India, including Bangalore, Chennai, Delhi, Ahmedabad, Hyderabad, Pune, Chandigarh, Indore and Jaipur. Ola Autos are available 24×7 in all the three cities, at […]
Tata Docomo, the telecom brand of Tata Teleservices Limited, launched unlimited calling packs for subscribers in Mumbai, Maharashtra & Goa. “With this offer, Mumbai subscribers can call 6 Million Tata Docomo customers without roaming charges while roaming in Rest-of-Maharashtra & Goa. Customers travelling within Mumbai, Rest-of-Maharashtra & Goa can now enjoy seamless connectivity and no […]
Reliance Retail, sister company of upcoming telecom operator Jio, is bringing out two 4K UHD smart TVs in India, sized 50 inch and 65 inch. The 50-inch model will be priced Rs 55,900, while the 65-inch model will be a premium one with a tag of Rs 1.55 lakh. Both prices are before discounts, and […]
A report by the Telecom Regulatory Authority of India has revealed that NDTV 24×7 has the highest number of peak-hour advertisements among English news channels in India, followed by Times Now, India Today and CNN-IBN. According to the report, NDTV showed an average of 22.66 minutes of advertisements per hour during the period under survey. […]
On the same day as Uber made announcement, rival Ola said it too will offer bike taxis in Bangalore. “Bike Taxis on the Ola app will help customers zip through traffic with ease, at lowest fares,” the company said. The fare will be Rs 2 per km plus Rs 1 per minute of trip time. […]
Maruti Suzuki said it has increased its car prices slightly to pass on a new ‘infrastructure cess’ imposed by the central government as part of its Budget 2016-2017 exercise. Interestingly, the price increase is around half of what was expected, going by the percentage cess imposed. For example, on small cars, the infrastructure cess is […]
Bajaj Auto said its sales for the month of February rose 12% year on year, one of its strongest numbers in recent months. Domestic sales increased 33% on year even as exports slumped 12%. The rise in overall numbers was led by a 9% jump in motorcycle sales. Total number of vehicles sold in the […]
Jet Airways’ Chief Financial Officer, Amit Agarwal is taking on the responsibility as Acting Chief Executive Officer effective March 1, 2016, the company said. He will function as Acting Chief Executive Officer in addition to his responsibilities as CFO of the Company, till the appointment of a new CEO. The company’s last CEO, Cramer Ball, […]
Piramal Enterprises Ltd said it acquired the assets of pharmacy software maker Adaptive Software, LLC and entire control and ownership of its wholly owned subsidiary, AdaptiveRx LLC for $7.4 million. Adaptive is eligible to receive up to an additional $11.1 million if and when it meets certain post-closing requirements, which must be satisfied within six […]
