Months ahead of the "largest" ever spectrum sale, telecom major Bharti Airtel has said it does not see "great need" of mobile airwaves at this point.
IT stocks have underperformed the broader markets that are in the midst of a remarkable rally. The Nifty50 blue-chip index, which is up over 10 per cent in the last three months, is trading at a 15-month high. Compare that to the IT sub-index on the National Stock Exchange, which is down 3 per cent over the same period.
There will be positive results in the next 3-4 months in addressing the problem of call drops, Telecom Minister Manoj Sinha told the Lok Sabha, while expressing commitment to get rid of the "black spot".
The Competition Commission of India (CCI) has sought details from Reliance Jio and Bharti Airtel about their respective telecom spectrum trading deals as it seeks to ensure that these transactions do not hurt competition in the market.
The Department of Telecom will issue this week the next lot of demand notices to six telecom operators for under-reporting of revenues in around 10 circles in 2006-07 year.
Flipkart, India's biggest e-commerce firm, is buying domestic online fashion retailer Jabong from Global Fashion Group for $70 million in cash, the latest consolidation move in the country's e-commerce sector as competition intensifies.
Inter-ministerial panel Telecom Commission on Monday recommended a three per cent annual usage charge for the spectrum to be sold in upcoming auction while fixing the same as the minimum rate even for existing airwaves with all operators.
Start-ups are the next big economic force in India, the world's youngest start-up nation with 72 per cent founders below 35 years of age, Commerce and Industry Minister Nirmala Sitharaman said here on Saturday.
To improve ease of doing business in the country, Commerce and Industry Minister Nirmala Sitharaman on Saturday said a start-up would now need only a certificate of recognition from the government to avail intellectual property rights-related benefits.
IT industry body Nasscom on Thursday said fresh hiring in the current financial year may be lower than last year as IT companies are facing pressure on margins, besides focusing on automation of jobs.
Infosys, which is still awaiting nod to get special economic zone (SEZ) status for its maiden venture at Rajarhat in West Bengal, is seeking an audience with new state IT minister Bratya Basu in 15-20 days, an official of the company said.
Maximum consumer complaints for poor service and call drops have been received against Bharti Airtel, Vodafone and Reliance Communications in the last three years and the trend continues, Parliament was informed.
Nadella has poured billions of dollars into building new data centers around the world, hoping to position Microsoft as the leading alternative to Amazon in selling online computing power - housed in remote centers or "clouds" - to internet startups and big corporations, as well as consumers.
The Department of Telecom has slapped a demand notice of over Rs 100 crore on six telecom operators, including Bharti Airtel, Reliance Communications and Vodafone, to recover the first tranche of their dues to the government because of under-reporting of revenues.
The number of school students with coding skills in India is much higher than in the US, says a report.
Reliance Industries Ltd (RIL) will infuse another Rs 15,000 crore in its telecom arm Jio through a rights issue.
With mobile services market hotting up ahead of Reliance Jio's launch, Vodafone India on Tuesday said it will announce revised plans for data pack in a day or two to keep its promise of offering "competitive" rates to customers.
Telenor India will not participate in the upcoming spectrum auction which is in line with its earlier announcement indicating exit from the country.