Airtel appoints Abhay Savargaonkar as chief executive of new fiber company
The Sunil Mittal-owned telco, which confirmed Savargaonkar’s new role, made an internal announcement to this effect last week.
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Vodafone Idea to use high-end tech to expand 4G coverage, defend market share
Vodafone Idea expects the blend of these new technologies to ex...
FinUp finances SlicePay in Series A, deal estimated at $15 million
Fintech experts say such investments and partnerships are likely to help Indian entrepreneurs looking for funding as well as ideas from more mature markets such as China.
Piramal Consumer COO Kedar Rajadnye quits, set to join PE fund True North
Rajadnye will be appointed as the CEO of Integrace Pvt Ltd, the orthopaedic & pain management business acquired from Glenmark Pharmaceuticals.
With tariffs likely to go up, turmoil in Indian telecom could soon ease
Jio’s aggression since its September 2016 entry had forced incumbents to match rates to retain customers.
Jio posts a profit for 5th quarter in a row; Q3 number up 65%
For the fiscal third-quarter, the Mukesh Ambani-owned telco posted a net profit of Rs 831 crore.
RIL first Indian company to post Rs 10,000-crore quarterly profit
Reliance Jio Infocomm posted a net profit of Rs 831 crore, up 65 per cent from a year ago.
Reliance Jio Q3 profit surges 65% YoY to Rs 831 crore
Operating revenue rose 12.4% sequentially and 51% on year to Rs 10,383 crore.
Vodafone-Idea to hold firm amid telecom price war
Under the conditional merger approval given on Monday, the telecom department has demanded Rs 7,268 crore upfront payment towards dues it said the two telcos owe it.
Delayed spectrum sale & lack of fibre connectivity may pull back India's 5G ambitions
Financial stress and a missing handset ecosystem have already delayed a 5G spectrum sale to late 2019.
Airtel may regain No. 1 spot in revenue share in 2-3 quarters: Rohan Dhamija, Analysys Mason
Airtel is awaiting National Company Law Tribunal’s (NCLT) nod for the Tata Tele deal, following which it will seek DoT clearance.
International termination fee cut may not hit telecom companies much
Trai on Friday cut the termination charge for incoming international calls from 53 p/minute to 30 p/minute and said the new rates would be effective from February 1.
BTM struggles with unending traffic
Apart from traffic, well-developed localities such as Koramangala, BTM Layout and Adugodi are flood-prone. Flooding is also an issue in Ejipura and Jakkasandra.
Pando raises $2 million in seed round led by Nexus Venture Partners and others
The round also saw participation from Kashyap Deorah at Hypertrack, Girish Mathrubootham at Freshdesk, Nishant Rao at Sirion Labs, and P Balaji at Vodafone.
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