Reliance Jio, the 4G player that started its operations about two years ago, is on track to overtake market leaders Bharti Airtel and Vodafone Idea to become India’s No.1 operator next year — India Ratings said. The credit rating agency, a unit of Fitch Group, said it expects Jio to overtake the other two some […]
Tata Sky, India’s second largest TV channel distributor, finally unveiled its channels and packs under TRAI’s new tariff rules — and offered support to almost all broadcaster’s plans and packs. Tata Sky consumers can log on to mytatasky.com or packselection.tatasky.com to modify their existing packs and packages and select the new bouquets and packs under […]
Maruti Suzuki India Limited (MSIL) said it will set up Japan-India Institute for Manufacturing (JIM), a model ITI, at Uncha Majra village in Gurugram district. JIM Uchamajra expected to start its first session by August 2019, will be the first in Haryana. Maruti Suzuki will initially invest over 7 crores to set up the JIM. […]
Vodafone will invest Rs 11,000 cr into its Indian subsidiary Vodafone Idea, while its co-promoter Aditya Birla Group will chip in Rs 7,250 cr, the company said today. In total, Vodafone Idea plans to raise Rs 25,000 cr from all its shareholders by selling shares. In case any of the existing shareholders waives their right […]
A six-monthly survey conducted among recruiters by India’s biggest classifieds job site, Naukri.com, has showed a marked improvement in recruiter sentiments. The survey, which focuses on hiring predictions for the next six months, shows improvement in almost all areas compared to last year, including possibility of job creation, increment levels and so on. The biggest […]
Mumbai-based software developer Aurionpro Solutions reported a sharp increase in profits for the Oct-Dec quarter, aided by a 22% jump in its revenue. The compay, which makes software for the financial sector, infrastructure projects and cyber security, reported a 44% increase in net profit for Oct-Dec to Rs 15.5 crores. Revenue jumped to Rs 115 […]
Inox Wind said it has received a contract from Adani Green Energy to build a 501.6 MW wind power project in Kutch District in Gujarat. The financial details of the contract were not revealed. Adani Green Energy, a subsidiary of the Ahmedabad-based Adani Group, won the projects under the Solar Energy Corporation of India (SECI) […]
Jio GigaFiber, the wired service from Reliance Jio, moved closer to its mega roll-out plan after it received a crucial approval from the Competition Commission for the company’s purchase of Den Networks and Hathway Cable & Datacom. The approval by the Competition Commission was seen as the main, if not the only, crucial regulatory approval […]
Godrej Properties Ltd, a Mumbai-based real estate developer, announced a new project, ‘Godrej Aqua’, on the International Airport Road in Bangalore. The project gets its name from its efforts to recycle most of the water on site using advanced technologies and promises to offer ‘drinking water straight from the tap’. Godrej Aqua will offer two- […]
Indira Gandhi National University started registration for the entrance test for its MBA programme. The test, called OPENMAT, will be held on 10 March. The last date for submitting the application form is 14th February. IGNOU’s MBA entrance test is held twice an year. The registration fee for the test is Rs 1000. Graduates in […]
Maruti Suzuki said it has opened booking for Baleno 2019 edition. The car, which falls into the mid-range hatchback category, can be booked at any NEXA showroom by paying Rs 11,000. Just days ago, Maruti Suzuki had opened booking for the new WagonR. Baleno is targeted at customers who want something a little more ‘premium’ […]
The Indira Gandhi National Open University (IGNOU), New Delhi has extended the last date to apply for its Master’s, Bachelor’s, Diploma and Certificate programs to Jan 31 for its January intake. The University offers both short-term and long-term programmes leading to certificates, diplomas, advance diploma, associate degree and degree. Admissions are open twice a year. […]
Sun Pharmaceutical Industries today announced a list of concrete steps to address investor concerns about certain relationships that it has with a couple of entities and loans allegedly extended to another firm. Sun Pharma stock rose 4.3% on the clarification. ADITYA MEDISALES First, Sun Pharma will move the distribution activities of its India domestic formulations […]
PhonePe, the payment app backed by Flipkart, announced that it has crossed the 1 mln merchants milestone and plans to add another five million this year. This is likely to help the company narrow the gap with market leader PayTM, which had an estimated 10 mln (1 cr) merchants in its network as of late […]
D2h, the DTH service from Dish TV India Ltd, has added support for several channel packs from Star India, in an apparent deviation from its earlier stance. The DTH operator had, like rival Sun Direct, omitted all channel packs from Star India when it came out with its list of supported broadcaster packs. There have […]
Dish TV and D2h have become the first DTH providers in India to fully implement TRAI’s new tariff rules on channel pricing ahead of the Feb 1 deadline. The two, owned by a common entity, have unveiled a tool that allows customers to add or delete any channel in their base packs, under the new […]
Indian pharmaceuticals manufacturer Wockhardt said it received approval from the United States Food & Drug Administration to launch a generic version of Novartis’ Leukemia drug Gleevec. The drug is estimated to have sales of $707 million in the US. The Indian company, which already has many of its products on US pharmacy shelves, said it […]
Reliance Jio, which today announced another quarter of strong growth in its 4G wireless services, reiterated its commitment to working with small cable operators as it rolls-out broadband-cum-IPTV network GigaFiber. The company also said that it is in the process of connecting homes to its fiber-to-the-home service, based on the requests received via its website. […]
As Netflix inches closer to saturation point in its North American home market, it is desperately looking for growth abroad. India being the only billion plus market where it can operate with ease, it is no wonder that its push is aggressive here. However, as Netflix’s market share stagnates, does it risk meeting the same […]
HT Media, one of India’s top English-language news publishers, continued to report falling revenue and profits, even as the expected boost from a delayed festival season failed to materialize. The company reported a 2.5% year-on-year decline in its revenue for the Oct-Dec quarter, while operating profit (EBITDA) plunged 57%. Revenue came in at Rs 665 […]
