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3G: Centre seeks contempt proceedings against Idea Cellular, others

May 25, 2013 at 01:00 | Source: Economic Times

NEW DELHI: The government Friday asked the Delhi High Court to initiate contempt proceedings against Idea Cellular, the chairman of the telco's parent company Kumar Mangalam Birla and five other top executives of the mobile operator for allegedly vi...

Bharti regains rural leadership but lags in overall subscriber addition

May 24, 2013 at 22:40 | Source: Economic Times

MUMBAI: India added 3.5 million GSM technology subscribers in April largely driven by increase in rural areas, according to two statements released by the Cellular Operators Association of India on Friday. The association said rural India added 3.8 m...

Bharti Airtel regains top slot in rural India

May 24, 2013 at 21:42 | Source: The Hindu BusinessLine

Mumbai, May 24: Bharti Airtel has reclaimed top position as the largest operator in the rural sector, displacing Vodafone India, by adding 1.66 million users net. Airtel, the country’s largest operator by both revenues and users, had a total o...

Govt files contempt plea against Idea Cellular on 3G issue

May 24, 2013 at 14:57 | Source: FirstPost

The government has filed a contempt plea against telecom service provider Idea Cellular in Delhi High Court today for allegedly violating 3G service norms.According to CNBC-TV18 reports, the contempt plea has been moved by the department of telecom (...

New chief Airtel AP, MP circles

May 24, 2013 at 03:22 | Source: The Hindu BusinessLine

Hyderabad, May 23: Bharti Airtel has appointed Ramesh Menon as Hub Chief Executive Officer of the company’s operations in Andhra Pradesh and Madhya Pradesh. He succeeds Sharlin Thayil who has moved to the firm’s Gurgaon office. Working w...

New head for Airtel AP, MP circles

May 24, 2013 at 03:22 | Source: The Hindu BusinessLine

Hyderabad, May 23: Bharti Airtel has appointed Ramesh Menon as Hub Chief Executive Officer of the company’s operations in Andhra Pradesh and Madhya Pradesh. He succeeds Sharlin Thayil, who has moved to firm’s Gurgaon office. Working with...

Telcos go big on retail

May 24, 2013 at 03:22 | Source: The Hindu BusinessLine

Bharat Gupta drives an auto rickshaw for a living. Guptaji, as he is fondly known in Mumbai’s suburban Thane, also provides mobile top-ups to his passengers, mostly regulars, as he ferries them to their destinations. The 35-year-old also helps...

Sensex cracks 387 as Japan falls; SBI, L&T lead losers

May 24, 2013 at 00:37 | Source: DomainB

Equity benchmarks plunged Thursday, as ripples of the crash in Japanese shares were felt across globe, with India being no exception. The mood was further soured by the weakness in the rupee and disappointing fourth quarter numbers from State Bank o...

Telcos slash 3G tariffs due to sagging demand

May 23, 2013 at 10:31 | Source: Business Today

Sunil Mittal, chairman, Bharti Airtel Telecom companies have slashed 3G (third generation) tariffs due to sagging demand in the segment and the threat of Reliance Industries Ltd introducing 4G (fourth generation) services looming large.Bharti Airtel...

Sensex slips below 20k on US Federal Reserve comments

May 23, 2013 at 10:31 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex slipped over 100 points and slipped below its crucial psychological level of 20,000 in opening trade on Thursday tracking weak global cues after Ben Bernanke, the US Federal Reserve chairman, hinted at exiting Federal R...

Mobile users may get relief from pesky messages; TRAI meet today

May 23, 2013 at 03:05 | Source: Economic Times

NEW DELHI: Mobile phone users may be in line for some relief from pesky messages and unwanted value added services that have been activated without their consent as the sector watchdog Trai is meeting chief executives of all telcos on Thursday to add...

Mobile users may get relief from unwanted value added services

May 23, 2013 at 02:00 | Source: Economic Times

NEW DELHI: Mobile phone users may be in line for some relief from pesky messages and unwanted value added services that have been activated without their consent as the sector watchdog Trai is meeting chief executives of all telcos on Thursday to add...

Vodafone India poste 10.2% rise in business revenues

May 22, 2013 at 20:42 | Source: DomainB

Vodafone India, the Indian subsidiary of the world's largest telecom company Vodafone Plc, has posted a 10.2 per cent growth in business revenues to Rs 35,886 crore in financial year ended March 31, 2013. The growth was mainly because of a voice rev...

BSE Sensex closes weak; investors shun realty, cap goods

May 22, 2013 at 18:57 | Source: DomainB

Benchmark indices drifted lower Wednesday, as buyers chose to await cues from the US Federal Reserve before deciding on the next course of action. Renewed weakness in the rupee and tepid fourth quarter earnings from engineering major Larsen Toubro w...

Sensex down 33 points; Capital goods, realty stocks slump

May 22, 2013 at 16:52 | Source: The Hindu BusinessLine

Mumbai, May 22: Indian markets fell over 0.1 per cent at the end of the session on Wednesday as funds and retail investors resorted to heavy selling in capital goods and realty stocks amid weak European cues. The 30-share BSE index Sensex was down 3...

Sensex sees lowest close in almost two weeks

May 22, 2013 at 16:11 | Source: Economic Times

MUMBAI: The S&P BSE Sensex fell for a third consecutive session on Wednesday, to mark its lowest close in almost two weeks after Larsen & Toubro slumped more than 6 percent after its orderbook guidance sparked worries about the health of the domestic...

Sensex trading flat; Capital goods, realty stocks slump

May 22, 2013 at 15:37 | Source: The Hindu BusinessLine

Mumbai, May 22: Indian markets erased their gains in the afternoon session on Wednesday due to heavy selling in capital goods, realty and oil gas stocks amid weak European cues. At 2.05 a.m., the 30-share BSE index Sensex was down 4.86 points (0.02 ...

Nifty falls below 6,100; DLF, L T, BPCL down

May 22, 2013 at 15:35 | Source: Economic Times

MUMBAI: The Nifty extended intraday losses and slipped below the 6,100 mark on Wednesday, mirroring losses in other global markets ahead of Ben Bernanke's testimony before the US Congress. The Federal Reserve chairman is expected to continue bond bu...

Vodafone eyes pan-India rollout of 3G network; open to buying spectrum from rivals

May 22, 2013 at 06:21 | Source: Economic Times

NEW DELHI: Having earned Rs 2,000 crore from data in the last fiscal, a 50% jump when compared to the year-ago period, the Indian arm of Vodafone wants to build a pan-India 3G network and is open to buying airwaves on this platform from other mobile...

Vodafone open to buying 3G airwaves from other telcos

May 21, 2013 at 23:20 | Source: Economic Times

NEW DELHI: Having earned Rs 2,000 crore from data in the last fiscal, a 50% jump when compared to the year-ago period, the Indian arm of Vodafone wants to build a pan-India 3G network and is open to buying airwaves on this platform from other mobile...

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