Wipro Ltd said the number of employees leaving the company of their own accord fell to 16.3% in the year 2015 from 16.5% in 2014. Much of the improvement came from the BPO unit, where attrition fell below 10% for the first time in many quarters. For the calendar year 2015, Wipro’s BPO division saw […]
After Star TV, Sony Pictures Networks India — which runs several popular TV channels — has raised a red flag against any move to splinter the Internet into free and paid. “Differential pricing leads to restriction of access to information. It enables TSPs to play the role of gate-keepers to the internet where they are […]
Reliance Jio is not planning a big bang, all-at-once launch of its 4G commercial service, but will introduce it to the public in stages starting as early as the end of this month, a mid-level executive with the company revealed. “We’ve been told to work for a limited launch this month,” said the marketing executive. […]
This week saw the beginning of something interesting. Airtel, India’s biggest telecom company and the biggest rival of Reliance Jio, cut its 4G prices in select circles. The new tariff basically doubles the data on offer for each recharge till Rs 850 with the result that you now get 10 GB for Rs 850, instead of […]
According to media reports, Reliance Communications will convert nearly all of its CDMA spectrum into 4G spectrum by paying around Rs 7,000 cr to the government, and then sell it to Reliance Jio for Rs 4,500. Some are perplexed as to why a company would pay so much to the government to free up its spectrum and […]
Reliance Communications Ltd said it will take a final call on whether or not to convert its CDMA spectrum into 4G spectrum after the Department of Telecom informs it of the final amount required to be paid for the same. “DoT has issued the intimation letter for 16 circles and is yet to decide for […]
It’s 4G war, and Bharti Airtel — India’s largest telecom operator — is not about to let new kid of the block Reliance Jio run away with its lunch. After steadfastly refusing to cut its 4G plan prices below 3G levels, the Sunil Mittal-led firm has finally decided to throw in the towel and slashed the […]
Broker Credit Suisse sees all the major telecom companies of India making an attempt to buy fresh 4G spectrum in the upcoming auctions expected to take place in March. Despite making contrary noises, the telcos are likely to buy airwaves as it is a ‘once-in-20-years’ opportunity, the broker said in a note to clients. According […]
IndusInd Bank and online payment company Payu India entered into a strategic partnership too joint solutions. “The partnership is aimed at bridging the gap between conventional banking world and the new age online payment systems,” the private sector bank said. It will help bring the full suite of consumer banking products online, it added. “The […]
Jet Airways announced special inaugural fares for flights between India and Amsterdam, the airline’s new European gateway, commemorating the commencement of its maiden flights to Amsterdam on March 27, 2016. Guests availing the inaugural offer from Mumbai to Amsterdam can book a return journey in Economy with an all-inclusive fare of Rs 33,734, whereas Premiere […]
Railwire, the broadband arm of Indian Railways, has started operations in hundreds of cities across India ahead of the launch of Reliance Jio and is offering tariff that are less than half that of its main existing competitor BSNL. For example, BSNL offers only 8 GB of data at 4 Mbps speed for Rs 999 […]
Impatient fans of Reliance Jio will not have to wait another two months to experience the 4G service, if a new report turns out to be true. According to it, the company will be opening up its network for testing and feedback to the public this month, but the invites and SIM cards will only […]
Ortel Communications Ltd, a leading last-mile communications provider in India’s eastern states, has introduced free Wi-Fi Public Hotspot services for its Broadband subscribers in Bhubaneshwar. The Wi-Fi Hot Spot service has been launched as a special value added service and will be completely free of charge for those using its fiber and cable broadband services. […]
Tata Steel Limited registered Hot Metal steel production of 2.69 million tonnes, up by 13.1% on year, and Crude Steel output of 2.55 million tonnes, up by 11.3% on year, for the third quarter of the financial year. Saleable Steel production was higher by 13.1% y-o-y to 2.51 million tonnes, and sales increased by 10.3% […]
Aurobindo Pharma Limited said it received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Norethindrone Acetate Tablets USP, 5mg. Norethindrone Acetate Tablet is used in the treatment of endometriosis, uterine bleeding caused by abnormal hormone levels, and secondary amenorrhea. The approved product has an estimated market size of US$ […]
Bharat Heavy Electricals Limited (BHEL) commissioned a 520 MW coal-based thermal generating unit at the 2×520 MW Vizag Thermal Power Project of Hinduja National Power Company Limited (HNPCL), Visakhapatnam. BHEL has already commissioned 5,010 MW of power plants in the utility sector during the financial year 2015-16 and is on track to achieve the target […]
Persistent Systems, a niche IT company that focuses on products and cloud computing, said it had signed an agreement to acquire the Citrix CloudPlatform and CloudPortal Business Manager product lines from Citrix Systems International GMBH, a subsidiary of Citrix Systems. No financial details were revealed. Citrix Systems is one of the biggest companies in the […]
Suzlon Group, one of the world’s leading wind turbine manufacturers, has won an order for building a 197.40 MW wind project in Andhra Pradesh. The financial details of the project were not revealed, but the company said this is not the first contract it has won from the customer. “Suzlon has recently commissioned first wind […]
Central Electricity Regulatory Commission (CERC) has approved change in law that will increase its realization as part of an operations petition filed by Sasan Power Limited, Reliance Power said. There will be an effective tariff increase of 9 paise per unit, or 7%, the company said. A one-time compensation of Rs 271 Crore was also […]
Reliance Jio is fast appointing distributors for its SIM cards across the country and giving them a working target of launching commercial 4G services early in March, according to one person who signed up as a distributor this week. “They’re promising supply of dongles and SIMs in February and saying that commercial launch will take place […]
