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Wireless Wars: Rivalry between Sunil Mittal, Mukesh Ambani continues despite undersea cable deal
Apr 28, 2013 at 05:35 | Source: Economic Times
If Samsung can manufacture chips for iPads and iPhones in Korea and at the same time bitterly fight Apple in the market place and in courts across the world, there is little reason for us to assume that Mukesh Ambani and Sunil Mittal will not compet...
Apr 15, 2013 at 08:57 | Source: Calcutta Telegraph News
No business � big or small � should be outside the tax net. Tax laws not only help the government to raise resources but also provide a simplified structure to taxpayers for effective compliance. The income tax act has introduced provisions to e...
Snapped submarine cable disrupts Internet services
Mar 29, 2013 at 19:47 | Source: The Hindu BusinessLine
Mumbai, March 29: Internet traffic was disrupted across several countries, including India and Pakistan, following disruptions on submarine cables near Alexandria, Egypt. The disruptions on the cables also impacted Internet services in the Far East,...
Mar 18, 2013 at 08:02 | Source: Calcutta Telegraph News
Property transactions are set to get complicated. The Union budget has proposed some changes in the income tax act involving transactions related to immovable property. Some of these provisions may add to the burden of taxpayers. According to the ex...
Tata Communications to sell properties in order to raise Rs 2,500 crore
Mar 04, 2013 at 11:57 | Source: Economic Times
BANGALORE: Tata Communications plans to sell properties across Delhi, Mumbai and Chennai to raise more than Rs 2,500 crore to raise capital in the wake of continuing losses, two people with direct knowledge of the development said. Tata Group's telec...
Bharti Airtel to terminate JV with Alcatel-Lucent; to approach Idea, Vodafone for new venture
Feb 06, 2013 at 05:36 | Source: Economic Times
MUMBAI | NEW DELHI: Bharti Airtel has decided to terminate its joint venture with Alcatel-Lucent for managing its fibre optic cable, fixedline and broadband business. The country's largest telco plans to invite rival mobile phone firms to create a c...
Tata Communications launches Rs 2,200 crore bond sale in Singapore market
Jan 24, 2013 at 22:37 | Source: Economic Times
MUMBAI: Tata Communications, an arm of the Tata Group, today launched a benchmark (SGD 500 million or more; about Rs 2,200 crore) issue in the Singapore market, providing a further boost to domestic corporates raising funds overseas, according to me...
Tata Communications launches Rs 2,200-cr bond issue in Singapore
Jan 24, 2013 at 17:52 | Source: The Hindu BusinessLine
Mumbai, Jan 24: Tata Communications, an arm of the Tata Group, today launched a benchmark (SGD 500 million or more; about Rs 2,200 crore) issue in the Singapore market, providing a further boost to domestic corporates raising funds overseas, accordi...
Tata Communications launches SGD 500 mn bond sale
Jan 24, 2013 at 17:52 | Source: Economic Times
MUMBAI: Tata Communications, an arm of the Tata Group, today launched a benchmark (SGD 500 million or more; about Rs 2,200 crore) issue in the Singapore market, providing a further boost to domestic corporates raising funds overseas, according to me...
Consumer, technology ventures created wealth for Tata
Dec 27, 2012 at 23:21 | Source: The Hindu BusinessLine
It isn’t really remarkable that Tata group companies have seen a 60-fold rise in their combined market value from Rs 8,000 crore to over Rs 4.9 lakh crore over a 20-year span, under the stewardship of Ratan Tata. Tata took over the reins right...
Ratan Tata's legacy, Cyrus Mistry's challenge
Dec 27, 2012 at 13:11 | Source: DNA India
As Ratan Tata steps down as chairman of India s largest industrial house Friday, he leaves behind for his successor at Bombay House, Cyrus Mistry, not just a $100-billion empire he helped grow 13-fold in the 21 years at its helm but also a legacy tha...
Naukri.com was just ‘one more small idea’
Oct 21, 2012 at 19:26 | Source: The Hindu BusinessLine
Sanjeev Bikhchandani’s Eureka moment for what is now the most popular job-search portal, Naukri.com, occurred when he was at HMM (now GlaxoSmithKline), selling Horlicks. He says he used to see his friends and colleagues buy business magazines ...
Oct 19, 2012 at 00:12 | Source: Business Standard
Tata Communications, the erstwhile Videsh Sanchar Ningam Ltd (VSNL), is aiming for 90 per cent of its voice business from contractual customers in the next three years, up from 70 per cent now. The company, which has a global network of submarine cab...
Girotra joins KPIT Cummins board
Sep 04, 2012 at 21:17 | Source: The Hindu BusinessLine
Manisha Girotra who is now CEO of the global independent investment bank Moelis Co. in India has joined the board of directors of KPIT Cummins Infosystems Ltd as an independent director. Ravi Pandit, Chairman and Group CEO, KPIT Cummins, said, ̶...
Debt-ridden Air India banks on advertisements to boost revenue
Aug 28, 2012 at 14:51 | Source: FirstPost
Flag carrier Air India, reeling under accumulated losses and loans of around Rs.67,520 crore , is planning to carry advertisements on its aircraft to mobilise additional revenue. “We have plans to allow advertisers to put up ads on the aircraf...
Air India to carry advertisements on aircraft, tickets
Aug 27, 2012 at 12:31 | Source: Business Today
Tweet Flag carrier Air India , reeling under accumulated losses and loans of around Rs 67,520 crore ($12 billion), is planning to carry advertisements on its aircraft to mobilise additional revenue."We have plans to allow advertisers to put up ads o...
Team Anna ready to take the plunge by joining politics
Jul 28, 2012 at 13:20 | Source: DNA India
Mixed signals emerged from the Team Anna camp on Friday with Anna Hazare telling a news channel that they could consider joining politics to combat corruption. Privately, other Team Anna members have also been of the opinion that politics could be an...
Tata Communications consolidated net loss narrows 34%
Jul 27, 2012 at 00:12 | Source: The Hindu BusinessLine
Mumbai, July 26: Tata Communications has reported a 33.6 per cent decrease in its consolidated net loss at Rs 142.86 crore (Rs 215.45 crore) for the quarter ending June 2012. This is mainly attributed to benefits of the exchange rate, constant focus...
Tata Comm zooms to a year’s high on demerger of VSNL land
Jul 23, 2012 at 13:11 | Source: FirstPost
Mumbai: Shares of Tata Communications today surged by over 7 percent in morning trade, a day after the government approved demerger of surplus VSNL land into a separate company. The spin-off will pave the way for the sale of the land, and could be...
Jul 22, 2012 at 02:16 | Source: Business Standard
The valuation of the 740-acre surplus land of erstwhile Videsh Sanchar Nigam Limited (VSNL), especially the 70-acre land at New Delhi s upmarket Greater Kailash-I, has seen a significant rise. While the asset comprises diversified land parcels, the G...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
