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Telecom giant Vodafone has renewed its multi-million dollar engagement with IBM to manage IT services support for its India arm for another five years. Under the new contract, IBM will manage IT services support for Vodafone India's IT infrastructure...
Even as telecom companies have deposited Rs 14,653 crore for the upcoming spectrum auctions, Care Ratings said it expects a muted response from operators at the sale as they will look at alternatives like sharing of airwaves. "The auctions may...
The telecom sector will continue to see structural changes for next 2-3 years. Bundle pricing or average revenue per user (ARPU) will become the norm in coming time, believes Sanjay Kapoor, former chairman of Micromax. “Charging for voice seems to...
With the Supreme Court set to take up the matter of ban on diesel cars and SUVs on Monday, the world's largest automaker Toyota said continued restrictions on vehicles that comply with all regulations would be the "worst advertisement...
Adani Transmission   , a part of diversified Adani Group, on June 3 said it has raised Rs 500 crore by allotment of non-convertible debentures on private placement basis. "The company has raised Rs 500 crore...on June 3, 2016 by...
Moneycontrol Bureau E-commerce retailers are exposed to funding risks as their access to easily available private equity (PE) funds gets tighter, says India Ratings and Research (Ind-Ra). The agency believes that funding for the players through the conventional bank lending...
Telecom regulator TRAI said it will launch a mobile application which will help a consumer to measure internet speed on his smartphone and send results to the authority. "The MySpeed App, which could be downloaded from the mobile sewa...
Mauritius sought India's assistance to develop its handloom and handicraft sectors, outlining the potential areas for bilateral cooperation. Mauritius Finance Minister Pravind Jugnauth, currently on a visit to India, met Union MSME Minister Kalraj Mishra. "We seek India's assistance to...
  According to a report in the Economic Times, the market regulator has penned a letter to the Reserve Bank stating that the latter’s intervention without consulting with SEBI was not correct. The Securities and Exchange Board of India (SEBI) is...
Credit rating firm ICRA   has reported 10.2 percent rise in consolidated net profit to Rs 18.19 crore in the June quarter. Though the company's overall profitability has been robust year-on-year (YoY), subdued profitability in consulting business is a concern, said...
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