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Sterlite Tech in race for defence contract worth Rs. 7,000 crore

India Infoline News Service | Mumbai | July 07, 2015 09:52 IST

"We are also vying for other defence projects. We have already bid for another army project worth Rs 7,000 crore," Sterlite Technologies Non-Executive Chairman Anil Agarwal was quoted as saying.

Mobile commerce sales likely to hit $638 bn by 2018: study

India Infoline News Service | Mumbai | July 07, 2015 07:32 IST

Currently, the availability of e-Commerce applications on various mobility devices is helping to drive sales and revenue. E-tailers like Flipkart, Amazone and Jabong now get 50% of their revenues from consumers shopping on their mobile phones.

Revise M&A policy: Telecom industry pleads to TRAI

India Infoline News Service | Mumbai | July 07, 2015 07:13 IST

"The industry strongly feels that Telecom Regulatory Authority of India (Trai) should initiate a suo motu consultation on M&A (mergers and acquisition) policy with all stakeholders," Rajan S Mathews, director general of the Cellular Operators Association of India was quoted as saying.

Anuraag Srivastava appointed as Tata Teleservices CFO

India Infoline News Service | Mumbai | July 06, 2015 14:52 IST

Prior to this, he served Indus Towers as Senior Vice President of Internal Audit and Assurance. Before that, he has held significant positions at Future Axiom Telecom Limited and Glaxo Smithkline as well.

Internet Saathi for rural women: Tata Trusts, Google join hands to realize Digital India vision

India Infoline News Service | Mumbai | July 05, 2015 15:49 IST

The Internet Saathi initiative brings us closer to the Digital India vision of the country. The launch event was also graced by Mr. Ratan Tata, Chairman, Tata Trusts. The initiative will provide basic training on the usage and benefits of Internet for women through specially designed Internet cycle carts which will be used to visit areas in villages where women can easily access and also learn more from the Internet.

Spectrum sharing, trading norms by end of July: Rakesh Garg

India Infoline News Service | Mumbai | July 04, 2015 09:47 IST

Garg also stated that DoT revised the broadband project and appointed a new committee, which is expected to announce a new format soon.

MTNL gallops 20% on delisting buzz

India Infoline News Service | Mumbai | July 03, 2015 16:07 IST

Earlier in March this year, the government had announced its plan to shut five Public Sector Undertakings (PSUs), including MTNL, after declaring them sick.

Spice Mobility surges 4% on acquisition

India Infoline News Service | Mumbai | July 03, 2015 16:03 IST

Spice Digital, a subsidiary of the company, acquired 26 percent stake in Creative Functionapps Lab, a company engaged in the business of telecom and mobile internet and developing innovative products and solutions for the next generation telecom networks.

Aircel rolls-out National Mobile Number Portability

India Infoline News Service | Mumbai | July 03, 2015 13:36 IST

Aircel Mobile customers to now freely retain their mobile numbers while movement to another State.

MTNL clarifies there is no proposal for delisting

India Infoline News Service | Mumbai | July 03, 2015 13:13 IST

The stock has hit a high of Rs. 19 and a low of Rs. 16.

Telecom Newsletter - June 29 to July 03, 2015

India Infoline News Service | Mumbai | July 03, 2015 11:59 IST

Bharti Airtel will invest $16 bn to build deeper IT infrastructure to offer telecom services to Indian citizens in rural and urban parts of the country, chairman Sunil Bharti Mittal reportedly said during the launch of Digital India week.

Spice Mobility zooms 8% on acquisition

India Infoline News Service | Mumbai | July 03, 2015 10:46 IST

The stock has zoomed over 12 percent on acquiring minority stake in Creative Functionapps.

Will government delist MTNL? Stock zooms 11%

India Infoline News Service | Mumbai | July 03, 2015 10:01 IST

The stock hit the 20 percent upper limit on the back of nine-fold jump in volume on the BSE.

Spice Mobility arm acquires 26% stake in Creative Functionapps

India Infoline News Service | Mumbai | July 03, 2015 07:28 IST

Consequent to the said acquisition, Creative Functionapps Lab Private Limited has become an Associate Company of SDL.

Airtels sale of mobile towers in Africa fetches $1.3 billion

India Infoline News Service | Mumbai | July 03, 2015 06:33 IST

The company said that for the balance six (African) countries, the process is on and it hoped "to have the finality in the coming few months on the transactions proposed, subject to availability of all approvals and completion of the conditions precedent".

Bharti Airtel up 3%; tower sale to pare debt

India Infoline News Service | Mumbai | July 02, 2015 14:53 IST

The company will use the $1.3 billion from the sale to pare its debt, which was $10.68 billion at the consolidated level as on March 31.

Vodafone rolls-out National Mobile Number Portability from July 3

India Infoline News Service | Mumbai | July 02, 2015 13:49 IST

Customers looking for the convenience of retaining their existing number at the new location can avail the benefits of National MNP service.

Vodafone rolls-out National Mobile Number Portability (NMNP) from July 3

India Infoline News Service | Mumbai | July 02, 2015 13:43 IST

The National Mobile Number Portability service facilitates customers to carry their existing mobile number from one telecom circle to another across India and choose the operator of their choice. NMNP is applicable to all pre-paid and post-paid customers.

Airtel launches National Mobile Number Portability

India Infoline News Service | Mumbai | July 02, 2015 09:53 IST

Extending its spirit of Customer First, the company also introduced many firsts including faster processing of porting requests, free incoming on roaming, balance transfers and carry forward options.

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Recent Reports

Weak start to the July series; Sensex, Nifty to open lower

India Infoline Research Team / 08:44, Jun 26, 2015

IIFL is hosting 10 companies at a Management Roadshow in Mumbai today. The opening is a subdued start. US market saw minor losses with Dow, S&P 500 and Nasdaq closing marginally lower.

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