Despite the recent decline in profit margins, Tata Motors’ Jaguar Land Rover business will grow at an average rate of 15% in the current financial year and the next, said Reliance Securities. It also said the domestic business has surprised on the upside with recent results. It said it expects JLR business to “remain on […]
Coolpad Group, also known as Coolpad Dazen, has chosen Snapdeal as its official and exclusive partner for its India entry, giving the Delhi-based e-commerce player a crucial victory in its fight against bigger peers Amazon and Flipkart. Flipkart has landed most of the exclusive launches in India, and according to our estimate, has a market […]
SpiceJet said it had seen a 400% increase in booking volume on the first day of its holiday sale. The three day sale launched on May 19 will be open till midnight May 21. The travel period covered in this sale is July 1, 2015 to October 15, 2015. The offer is available for all […]
State Bank of India, the country’s biggest bank has expressed concern over continuing weak demand in the economy due to “entrenched disinflationary impetus and weak demand,” and suggested that the RBI should cut key interest rates. While economic growth is moderately strong right now, it said, these factors will impact IIP (Index of Industrial Production) […]
HTC Desire 326g, the Taiwanese company’s cheapest smartphone to be launched in India in over a year, will be available around the end of this month at a price of around Rs 7,999, taking on the Huawei Honor Bee and other entry level models such as Honor 4C. At present, the cheapest recent offering from […]
One of the questions any investor in Internet stocks must come to terms with is the future of Google Inc (NASDAQ:GOOG), and how it will be impacted by the rise of Facebook Inc (NASDAQ:FB). Should you bet on the search giant or the social networking giant? Can Facebook ever be as good as Google in […]
Uninor beat bigger peers by adding a total of 1.17 mln subscribers, translating to a month-on-month growth of 2.6%, in April. In terms of the absolute number, however, Uninor was third, after Bharti Airtel and Idea Cellular, in the month. In all, a total of 6.35 mln subscribers were added during April, a slight decline […]
Real estate major DLF said it was aware of the appointment of Justice S.N. Dhingra as chairman of a commission to probe its land deal with Robert Vadra, son-in-law of Congress Party president Sonia Gandhi. “…it is well known that this was a very small transaction of approximately Rs 50 crore. When called upon, we […]
Rupert Murdoch-owned Start India – one of India’s biggest broadcasting companies – has come out strongly against the Indian telecom regulator’s move to let telecom operators side-step the so-called net neutrality principles in the country. UPDATE: Airtel Digital has removed all Star channels from all its packs. https://ultra.news/s-e/38651/bhartis-airtel-digital-removes-all-star-india-channels-from-its-packs Star India, formerly Start TV, wondered why […]
It looks like Vespa’s classic scooter is likely to get some competition finally, with Yamaha India launching its Fascino scooter today. Like Vespa, Fascino also has a retro look, though it doesn’t go to the same extent to maintain the ‘simple’ look. The bike has been priced at Rs 52,500 ex-showroom in Delhi, compared to […]
India’s LNG imports should more than double to 24 million tonnes per annum by 2020 from 10.7 million tonnes in FY2014, Moody’s investor service said, adding that this will benefit GAIL and Petronet NG the most. “The expected surge in imports of liquefied natural gas (LNG) will benefit the country’s leading LNG importer, Petronet LNG […]
With every passing day almost, the next-generation ARM Cortex A72 processor core continues to surprise with its robust performance in benchmarking charts. The ARM Cortex A72 is the new heavy-hitter processor technology from UK’s ARM Holdings that will feature in nearly all high-end, and some mid-range, processors that are going to be launched starting from […]
Tata Consultancy Services Ltd has won shareholder approval for its ongoing merger with unit CMC Ltd. TCS had announced the merger late last year. A court convened meeting of shareholders of TCS was called yesterday, and over 99% of the votes cast on the subject were in favor of the merger. TCS already owned a […]
The main argument put forward by telecom operators in the ongoing net neutrality consultation with regulator TRAI is that they are forced to pay a lot of levies, which the apps do not pay any of them. This, according to the service providers, creates a ‘non level playing field’ and therefore, the app providers, such […]
Idea Cellular has warned that companies like itself will have to raise data prices to 108-250 paise/MB (Rs 1,105-2,560 per GB) if government imposes net neutrality on wireless providers. This would required as voice call rates will fall to 7.5 paise per minute if net neutrality is allowed in the current situation, Idea Cellular said. […]
NASSCOM proposes a synergistic model for Internet platforms, applications and TSPs while strongly advocating net-neutrality National Association of Software and Services Companies (NASSCOM) made a strong pitch for India to continue with net neutrality, responding to the TRAI consultative paper on Regulatory framework for OTT services. “NASSCOM believes that the Users Right to Choose is […]
With the Telecom Regulatory Authority of India removing termination charges for calls from landlines, state-owned Bharat Sanchar Nigam Ltd has announced that its landline users can make unlimited calls to any network in India from 9 pm till 7 am. This is, by far, the cheapest such scheme available in India. Usually, companies charge around […]
Nokia and Alcatel-Lucent said they were merging their operations into one company, answering the speculation that Nokia may buy out the wireless business of the French company. The announcement comes just a day after Nokia confirmed talks with Alcatel. The two companies have entered into a memorandum of understanding under which Nokia will make an […]
Nokia and Alcatel Lucent have confirmed that they are talks for a merger. In a statement, Nokia said: “In relation to recent media speculation Nokia and Alcatel-Lucent confirm that they are in advanced discussions with respect to a potential full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent. […]
A new study released by international oil company Shell have offered some insights into the ‘superstitions’ and myths held by Indians when it comes to trying to increase the fuel efficiency of their cars. “Some of the beliefs revealed through the study were actually wasting fuel rather than helping to conserve it. It becomes pertinent […]
