Padmaja Venugopal, daughter of legendary Congress leader K Karunakaran who was the chief minister of Kerala for several years is no new name in Kerala politics. She has been very active in KPCC over the past few decades and is known for taking strong stands on issues within and outside the party. In the recently […]
RailWire, the consumer broadband arm of connectivity provider RailTel, said it plans to invest Rs 125 cr in coming months to increase its subscriber numbers by 20 times in the next two years. The company has already seen an increase of around 2.5 to 3 times in its customers over the last two years, almost […]
Hinduja Global Solutions, one of India’s largest BPO providers with nearly 47,000 employees, said it was quite happy with how things are going under the ‘work from home’ mode, and has no immediate plans to shift employees back to the office. The comments come even as IT firms like TCS have asked employees to be […]
Havells India, one of the country’s largest electrical equipment makers, said it expects organized players such as itself to benefit as raw material price increases put pressure on unorganized players. The company, a prominent player in the switchgear, wire and lighting segments in India, also said that demand for electrical goods in India is on […]
Saregama, India’s largest record label and an emerging force in the digital video space, looks all set to breach its pre-COVID revenue and profit numbers in the current financial year due to rising demand for streaming music. The company’s operating revenue had set a record in the year 2018-19 at Rs 544.7 cr, but declined […]
Abandoning its long-held restraint when it comes to commenting on extremists originating from minority communities, the Kerala unit of CPIM has included warnings about ‘attempts to spread extremism’ among students belonging to Muslim and Christian communities in Kerala. The warning, contained in this year’s guidebook for student leaders, was in addition to the traditional instruction […]
The latest industry numbers for the broadband and broadcasting industries seem to confirm what many industry watchers have been warning for years — the rising penetration of affordable and high-speed wired internet will displace cable and DTH services in India. While this has always been seen as a theoretical possibility or hypothesis, new data from […]
NXTDigital, the television channel aggregator, said it has signed on three MSOs in the India for its infrastructure sharing scheme, and expects the government to start approving these deals as early as this month. “There are three partner clients,” said CEO Vynsley Fernandes, speaking to investors, promising to disclose the names once the ministry permissions […]
Bharti Airtel, formerly India’s biggest telecom operator, announced plans to take its fiber-based broadband services to nearly every town in India over the next three years, except for the smallest of the small. The company, which is currently launching its fiber services in more than 1 new town per day, said it plans to take […]
Mahindra & Mahindra’s efforts to spruce up its utility vehicle range and stick ‘closer to its DNA’ seems to be paying off, with the new Bolero Neo notching up a robust booking over 5,000 units within the first three weeks of its launch. The first model to be based on the new back-to-the-basics philosophy was […]
RailWire, the wired service from Indian Railways’ RailTel Corp, has announced a set of new plans offering more data for lower monthly subscription amounts. The move comes less than a month after BSNL introduced new plans in the low-tariff category. The highlight of the new RailWire plans is the new 50 Mbps, which is priced […]
Zensar Tech, a mid-size IT and outsourcing company based in India, reported a 3.1% dip in its revenue (after adjusting for currency fluctuations) as the number of onshore employees fell sharply year-on-year due to COVID-19. Constant currency calculations measure how the company’s revenue would have performed had there been no change in currency exchange rates […]
V Mart, which has just acquired Arvind Fashion’s UNLIMITED chain of stores, wants to retarget these stores at customers who find shopping at Reliance Trends, Westside and MAX too expensive
Government of India on Wednesday said lack of economic and social data about intermediate castes will not impact their inclusion in OBC reservations for government services and higher education. Nityanand Rai, Minister of State for Home Affairs, was replying to a question by MP TR Baalu on why the government is not collecting socio-economic data […]
The union government of India has formed an expert committee to make suggestions for creating a law permitting the death of persons under special circumstances on compassionate grounds. The practice, called euthanasia or mercy killing, is illegal in most countries. The Law Commission of India had, in 2006, drawn up a law that would have […]
Shares of Zomato, the mobile food ordering service, have been priced higher than those of similar peers, but the company can deliver returns if it can maintain its scorching pace of growth in the future, according to Indian broking house Nirmal Bang. Zomato is currently in the IPO market trying to raise Rs 9,375 cr […]
Telecom equipment and services provider HFCL Ltd said it plans to offer 5G equipment and turnkey services, marking a move up from its roots as a telecom contractor. The company, which has in recent years successfully diversified into manufacturing — particularly of fiber optic cables and terminal devices — said its new 5G network services […]
Railtel Corporation of India, the telecom unit of Indian Railways, said it does not expect to lose subscribers to rival operators like Reliance Jio and Bharti Airtel, even as it promised to take its RailWire services to even the tiniest of towns this year. RailTel Chairman and Managing Director Punit Chawla said his company is […]
Puravankara Ltd, the biggest residential real estate brand in Bangalore, said it is making changes to its apartment designs to attract work-from-home customers, but believes that employees will shift back to the work-from-office model in another 12-18 months. STRONG DEMAND The company has been seeing strong demand for its residential flats, as buyers increasingly prefer […]
Amazon has expanded its Fire brand of devices and software to the service sector with the launch of its Fire TV Hotspot broadband service in India. The company started offering Fire TV branded broadband connectivity in the Indian city of Mumbai — making it possibly the only one in the world to get Amazon branded […]
