Government disconnects 51,000 telephone connections
August 17th, 2012 - 8:57 pm ICT by IANS
New Delhi, Aug 17 (IANS) The government has disconnected over 51,000 telephone numbers of such subscribers who had not registered themselves as a telemarketer but were involved in the activity, ... Read more...
Posted in Business |
Bharti Airtel’s shares fall for 2nd consecutive day
August 9th, 2012 - 9:43 pm ICT by IANS
Mumbai, Aug 9 (IANS) The shares of leading telecom service provider Bharti Airtel Thursday fell for the second day following disappointing quarterly results.At the Bombay Stock Exchange the shares of ... Read more...
Posted in Sci-Tech |
Bharti Airtel Q1 net profit down 37 percent (Lead)
August 8th, 2012 - 3:55 pm ICT by IANS
New Delhi, Aug 8 (IANS) Bharti Airtel Wednesday posted a 37 percent decline in net profit at Rs.762 crore for the quarter ended June 30 against Rs.1,215 crore during the ... Read more...
Posted in Business |
New telecom policy to make India roaming-free (Roundup)
May 31st, 2012 - 10:19 pm ICT by IANS
New Delhi, May 31 (IANS) The Indian government Thursday unveiled a new, consumer-friendly telecom policy, paving the way for free roaming and nation-wide mobile number portability."Affordability of the consumers ... Read more...
Posted in Business |
Sri Lanka to launch its first satellite in 2015
May 25th, 2012 - 11:22 am ICT by IANS
Colombo, May 25 (IANS) China will help Sri Lanka launch its first satellite by 2015, officials said.Local company SupremeSAT said it has reached an agreement with the Sri Lankan board ... Read more...
Posted in South Asia |
DMK supporters celebrate Raja’s release
May 15th, 2012 - 10:11 pm ICT by IANS
New Delhi, May 15 (IANS) Scores of DMK supporters, gathered outside a Delhi court Tuesday, cheered out loud on hearing that their leader and former communications minister A. Raja was ... Read more...
Posted in Politics |
Dissapointed Vodafone to take steps to safeguard interest
May 9th, 2012 - 9:44 pm ICT by IANS
New Delhi, May 9 (IANS) A day after Finance Minister Pranab Mukherjee declared that India won't give in to pressure and change its retrospective tax legislation, Vodafone Plc said ... Read more...
Posted in Business |
2G: Arguments on charge against Essar, Loop begin
May 3rd, 2012 - 7:24 pm ICT by IANS
New Delhi, May 3 (IANS) The Central Bureau of Investigation (CBI) Thursday reiterated that Loop was a front company of the Essar Group and was used to acquire licences and ... Read more...
Posted in Uncategorized |
Telenor plans Rs.2,000 crore investment in India
April 21st, 2012 - 7:57 pm ICT by IANS
Hyderabad, April 21 (IANS) Norwegian Telenor Group, which is looking for a new partner to continue its telecom services in India, plans to invest up to Rs.2,000 crore more even ... Read more...
Posted in Business |
Telenor in talks with domestic firms to continue India service
April 20th, 2012 - 8:51 pm ICT by IANS
Kolkata, April 20 (IANS) Norwegian Telenor Group, which holds 67.25 percent stake in Uninor, Friday said it is in discussion with four to five domestic institutions to find ... Read more...
Posted in Business |
Nine killed, 200 injured in dust storm in UP
April 12th, 2012 - 6:15 pm ICT by IANS
Lucknow, April 12 (IANS) Nine people were killed and more than 200 injured when a severe dust storm hit many parts of Uttar Pradesh late Wednesday, police said.According to information ... Read more...
Posted in Uncategorized |
Telecom links snapped in high-security Srinagar neighbourhood
March 30th, 2012 - 10:07 pm ICT by IANS
Srinagar, March 30 (IANS) Landline and broadband connectivity to more than 1,200 Bharat Sanchar Nigam Limited (BSNL) subscribers in the high security Gupkar Road area of Srinagar was snapped Friday ... Read more...
Posted in Uncategorized |
Government plea on Vodafone tax verdict dismissed (Second Lead)
March 20th, 2012 - 10:10 pm ICT by IANS
New Delhi, March 20 (IANS) The government Tuesday suffered a setback as the Supreme Court dismissed its plea for a review in the Rs.11,218 crore ($2.2 billion) tax dispute ... Read more...
Posted in Business |
Government’s plea for Vodafone verdict review dismissed (Lead)
March 20th, 2012 - 7:13 pm ICT by IANS
New Delhi, March 20 (IANS) In a setback for the government, the Supreme Court Tuesday dismissed its plea seeking a review of its verdict quashing the income tax order asking ... Read more...
Posted in Business |
Government’s plea for Vodafone verdict review dismissed
March 20th, 2012 - 7:00 pm ICT by IANS
New Delhi, March 20 (IANS) In a setback to the government, the Supreme Court Tuesday dismissed its plea seeking the review of its verdict quashing the income tax order asking ... Read more...
Posted in Business |
Government to amend law to tax Vodafone-type deals
March 16th, 2012 - 10:07 pm ICT by IANS
New Delhi, March 16 (IANS) The Indian government Friday proposed to amend the Income Tax Act to tax all overseas transactions involving domestic assets.The proposed change would be retroactive ... Read more...
Posted in World |
Some positives in budget, says India Inc; displeased with taxes
March 16th, 2012 - 9:40 pm ICT by IANS
New Delhi, March 16 (IANS) The budget for 2012-13 elicited mixed response from India Inc Friday, with some appreciating the government's efforts at fiscal consolidation and incentivising growth while others ... Read more...
Posted in Business |
Apex court dismisses lawyer’s petition in Vodafone case (Lead)
March 2nd, 2012 - 7:23 pm ICT by IANS
New Delhi, March 2 (IANS) The Supreme Court Friday dismissed as "irresponsible and scandalous" a petition by advocate M.L. Sharma that alleged conflict of interest over the apex court's verdict ... Read more...
Posted in Business |
Supreme Court dismisses petition in Vodafone case
March 2nd, 2012 - 3:59 pm ICT by IANS
New Delhi, March 2 (IANS) The Supreme Court Friday dismissed a petition by advocate M.L. Sharma as "irresponsible and scandalous" that alleged conflict of interest over the court's verdict in ... Read more...
Posted in Business |
Government seeks review of Supreme Court’s Vodafone verdict (Lead)
February 18th, 2012 - 12:19 am ICT by IANS
New Delhi, Feb 17 (IANS) The Indian tax authorities Friday filed a review petition in the Supreme Court on its verdict in a Rs.11,218 crore ($2.2 billion) tax dispute favouring ... Read more...
Posted in Uncategorized |
Government seeks review of Supreme Court’s Vodafone verdict
February 17th, 2012 - 7:59 pm ICT by IANS
New Delhi, Feb 17 (IANS) Indian tax authorities Friday filed a review petition in the Supreme Court on its verdict in a Rs.11,218 crore ($2.2 billion) tax dispute favouring telecom ... Read more...
Posted in Business |
TRAI seeks industry view on mobile tariff cap
February 6th, 2012 - 11:05 pm ICT by IANS
New Delhi, Feb 6 (IANS) The Telecom Regulatory Authority of India (TRAI) Monday sought the industry's view on whether there should be a cap on the tariffs of telecom services ... Read more...
Posted in Business |
Why Supreme Court judgment on telecom a blow to government (Comment)
February 5th, 2012 - 5:19 pm ICT by IANS
However much Communications and IT Minister Kapil Sibal may seek to defend the government, the verdict on telecom licences by the Supreme Court has dealt a severe blow to the ... Read more...
Posted in Business |
Sistema to contest Supreme Court verdict on 2G licence
February 3rd, 2012 - 9:03 pm ICT by IANS
New Delhi, Feb 3 (IANS) Russian conglomerate Sistema Friday said it will seek legal remedies to safeguard its interests in India and the telecom operations under the joint venture with ... Read more...
Posted in Business |
India’s apex court saves Vodafone $2.2-bn tax burden (Roundup)
January 20th, 2012 - 8:15 pm ICT by IANS
New Delhi, Jan 20 (IANS) In a verdict which India Inc. says enhances the country's image among global investors, the Supreme Court Friday dismissed a hotly-opposed tax demand of $2.2 ... Read more...
Posted in Business |
Sistema Shyam TeleServices raises Rs.1,280 crore
January 12th, 2012 - 4:50 pm ICT by IANS
New Delhi, Jan 12 (IANS) Russian telecom major Sistema Thursday said its Indian arm -- Sistema Shyam TeleServices (SSTL) -- has raised Rs.1,280 crore from Deutsche Bank for scaling up ... Read more...
Posted in Business |
TRAI mulls paper on operators’ exit policy
January 6th, 2012 - 11:02 pm ICT by IANS
New Delhi, Jan 6 (IANS) The Telecom Regulatory Authority of India (TRAI) said Friday it was considering a pre-consultation paper on an exit policy for operators."TRAI is contemplating to issue ... Read more...
Posted in Business |
China looks at convergence of TV, Internet, phone in 2012
December 27th, 2011 - 2:29 pm ICT by IANS
Beijing, Dec 27 (IANS) China will push ahead with the convergence of television, Internet and telecom services in 2012, a minister said.The government will expand pilot projects to all the ... Read more...
Posted in World |
Telecom services hit in northeast due to employees’ strike
December 16th, 2011 - 1:24 am ICT by IANS
Agartala, Dec 15 (IANS) Telecommunication services were affected Thursday in the northeastern region as over 2,200 engineers and employees of the Bharat Sanchar Nigam Limited (BSNL) observed a strike protesting ... Read more...
Posted in Uncategorized |
Airtel touches 50 million customers mark in Africa
November 30th, 2011 - 4:36 pm ICT by IANS
New Delhi, Nov 30 (IANS) Leading telecom service provider Bharti Airtel Wednesday said it has touched the 50 million customers mark in Africa, where it acquired telecom operations in a ... Read more...
Posted in Business |
Idea launches smartphones to push 3G services
November 23rd, 2011 - 11:49 pm ICT by IANS
New Delhi, Nov 23 (IANS) Telecom service provider Idea Cellular Wednesday launched a range of 3G smartphones starting from Rs.5,850 to promote its 3G services in the country."The new ... Read more...
Posted in Business |
GSM subscribers’ usage minutes down 1.45 percent
November 9th, 2011 - 11:03 pm ICT by IANS
New Delhi, Nov 9 (IANS) The minutes of usage (MOU) per subscriber for GSM services declined by 1.45 percent during the first quarter ended June 30 at 344 as against ... Read more...
Posted in Sci-Tech |
SSTL raises $200 mn loan from ICICI, Barclays Bank
September 29th, 2011 - 6:20 pm ICT by IANS
New Delhi, Sep 29 (IANS) Sistema Shyam TeleServices Limited (SSTL), which operates its telecom services under the MTS brand in India, Thursday said it has raised a loan of about ... Read more...
Posted in Business |
SSTL reports quarterly loss of Rs.657.6 crore
September 7th, 2011 - 7:00 pm ICT by IANS
New Delhi, Sep 7 (IANS) Sistema Shyam TeleServices Limited (SSTL), operating its telecom services under the MTS brand in India, Wednesday reported a net loss of Rs.657.6 crore (over $140 ... Read more...
Posted in Business |
MTS launches advanced broadband service
September 1st, 2011 - 5:54 pm ICT by IANS
New Delhi, Sep 1 (IANS) Sistema Shyam TeleServices Limited (SSTL), which operates its telecom services under the brand name MTS, Thursday announced the launch of an advanced version of its ... Read more...
Posted in Uncategorized |