A clarification by broadcast regulator TRAI intended to stop cable and DTH operators from forcing ‘junk channels’ on customers has created massive confusion, with media outlets failing to understand what the regulator was trying to say, and in turn confusing their readers. TRAI had, on January 10, clarified that there was no rule that the […]
Bharti Airtel said it has become the first telecom operator to launch 4G services in Andaman and Nicobar Islands. “Airtel’s 4G services will enable local residents to enjoy digital services like HD quality video streaming, superfast downloads and uploads, high speeds internet browsing on Airtel’s state-of-the-art FDD 4G network,” the company said. Andaman and Nicobar […]
Morgan Stanley Research, part of the MS financial services group, said the US currency has likely peaked already and that the US Federal Reserve is likely to follow a more accommodative monetary policy going forward. Fed Chairman Jerome Powell had softened his stance early this month after his December comments about balance-sheet normalization at the […]
Larsen & Toubro said it has won two more projects from Saudi Aramco, the world’s second largest oil producer, in consortium with Subsea 7. “The award consists of engineering, procurement, construction and installation (EPCI) of three Oil Production Deck Manifolds and Subsea Pipelines in Zuluf and Berri Fields of Saudi Aramco,” said India’s largest construction […]
United Spirits Limited (USL), India’s biggest liquor maker and a unit of Diageo plc, said it has sold its wine unit Four Seasons Wines and associated brands for Rs 32 cr. Four Seasons Wines was established in 2006 in Bangalore. It produces red, white, and rose wines from grapes grown around Sahyadri valley in Maharashtra […]
Telecom Regulatory Authority of India has denied a news report published by a major daily in India, claiming that the Authority has issued an order giving 100 free or pay channels for Rs 153. An official pointed out that the Authority has issued no such new rule, and that it is not possible to provide […]
Growth trends of last decade show that Indian M&E can act as an important contributor to India’s economic growth, but the sector continues to be a dwarf compared to its global peers. Can 2019 prove to be a point of inflection and kick-start next decade of explosive growth? The year was 2009 when Indian media […]
NTPC, India’s largest power producer by far, has invited expressions of interest worth thousands of crores of rupees for the supply of agricultural waste to 21 power plants across the country. NTPC will give a four-year assured off-take commitment. The proposals, invited on Dec 26, can potentially be a lucrative opportunity for entrepreneurs willing to […]
Bharat Heavy Electricals said it won a Rs 565 cr order for setting up four solar power plans in Telangana from Singareni Collieries Company Limited. The total capacity of the four plants will be 129 MW, the state-owned capital equipment maker said. With this, BHEL said its solar portfolio has risen to more than 710 […]
Maruti Suzuki said it has opened booking for its WagonR 2019. Customers can book the car by paying Rs 11,000 at any of the company’s dealer showrooms across India or via the company’s website. The car is expected to be officially unveiled on January 23, even though the company did not reveal the launch date. […]
India-based telecom equipment maker Tejas Networks said it has signed an agreement to set up a ‘center of excellence’ in Kerala to mentor students and start-ups in the state. The center will focus on training, skills development and mentoring of college students, young entrepreneurs and high-potential electronics startups in the state. “Senior technologists from Tejas […]
The curious case of TRAI’s implementation of the its 2017 Tariff Order, which threatens to add yet another negative factor for NDA in upcoming polls, can be an excellent case study of what ails India’s legal and regulatory system. The saga started almost two years ago with four companies — Star India, Discovery Communications, Tata […]
Even as broadcast regulator TRAI sent out yet another reminder to cable and DTH users in the country to switch to new plans under the 2017 tariff order, India’s biggest DTH operator continued to ask users to wait for the “tariff order to become applicable” and for “channel prices to be finalized”. The apparent disconnect […]
With the telecom and media regulator asking for daily reports from DTH and cable players on migration of consumers to TRAI-compliant plans ahead of the Jan 31 deadline, many consumers have complained of being moved to unwanted packs by their providers. Under TRAI Tariff Order 2017, all cable and DTH subscribers have to be moved […]
Following the intimation given last month, Maruti Suzuki increased the prices of its cars by up to Rs 10,000 with effect from today. The price change is applicable “for select models owing to increase in commodity prices and foreign exchange rates etc,” said the automaker, which accounts for about 50% of the cars sold in […]
An analysis of over 300 channel packs and plans announced by prominent broadcasters like Star, Zee Entertainment, Sony, Sun TV and TV18 under new TRAI tariff rules reveals that Star has the highest number of such packs. The company, which has only 43 pay channels, has managed to create a whopping 72 packs and plans […]
D2h, the DTH service from Dish TV, has become the first DTH provider in India to start moving subscribers to the new channel packs and plans under the TRAI Tariff Order of 2017. Many subscribers have started getting intimation that their plan has been changed in accordance with TRAI’s new rules. Customers can also accelerate […]
Telecom Regulatory Authority of India, the agency that oversees the telecom and media sector in India, today refuted rumors that the implementation of the tariff order has been postponed beyond February 1 and asked consumers to move to the new plans without leaving it for the last moment. The clarification came in the wake of […]
Flipkart and Taiwanese smartphone maker Asus will give discounts ranging from a minimum of Rs 1,000 to a maximum of Rs 8,000 on its Zenfone series from Wednesday through Friday. The discounts and zero-cost EMI offers are valid on Zenfone Max Pro M1, Zenfone 5Z and Zenfone Lite L1. The Zenfone Max M1 will only […]
Lupin said the European Commission (EC) has approved mexiletine for the symptomatic treatment of nondystrophic myotonic (NDM) disorders in adults. Non-dystrophic myotonic disorders are a group of rare, inherited neuromuscular disorders which cause the inability to relax muscles following voluntary contraction. Lupin’s NaMuscla reduces myotonia symptoms in adult patients, resulting in a significant improvement in […]
