Reliance speeds up Jio Fiber connection deployments

Reliance Jio, which started wired broadband operations in September last year, has started speeding up the roll-out of its Jio Fiber service after an initial slow-down. The company started the service with around 8 lakh connections as of October end, most of which were converts from its trial service. Over the next two months, it […]

D-Mart working on new cities, but COVID-19 impact to show

D-Mart, India’s most famous deep discount retail chain, said it is working on expanding its footprint beyond its current footprint of 214 locations, but the ongoing COVID-19 will impact the number of new stores that will be opened this year. The company, which started with just two stores in Mumbai in 2002-03, expanded to 214 […]

NRIs, Digital boost real estate sales for Godrej Properties’ in Q1

Godrej Properties, the fastest growing of India’s real estate majors, saw a surge of NRI (non-resident Indian) customers as well as a huge pick-up online sales during the COVID-19 lock-down. Despite a harsh lock-down in place in India during most of the Apr-Jun quarter, the company managed to sell a whopping 2,130 homes during the […]

TRAI Tariff Order matter listed for Wednesday morning

After getting postponed several times, an application by broadcasting companies such as Zee Entertainment Enterprises against the latest TRAI directive to implement the new tariff order has been listed for hearing tomorrow morning. The application was originally listed before the Bombay High Court for hearing on last Thursday, but there was no hearing on account […]

D-Mart warms up to e-commerce as JioMart expands

D-Mart, arguably India’s most successful low-cost retailer, may be looking at a multi-city e-commerce launch in coming days, after years of avoiding the sector citing the gruesome economics of online retail in India. Avenue Supermarkets, or D-Mart as most people would know it, is known for its fanatic focus on keeping costs down and its […]

Bharat Matrimony wants to lure customers from ‘all tiers’

Matrimony.com, one of the largest matchmaking companies in the world, said it continue to offer discounts and special pricing to attract new internet users who are coming online via the 4G wireless data revolution. The company, which operates the Bharat Matrimony website and others, has typically charged several thousand rupees for its paid membership. Only […]

Broadcasters fail to get a hearing on TRAI tariff order today

Major television channel broadcasters had a disappointing Friday as their application against TRAI’s move to impose the new tariff order could not be heard due to paucity of time, marking the second day the application has been listed and went unheard. Big broadcasters had approached the Bombay High Court earlier this week against TRAI’s Aug […]

Broadcasters challenge TRAI’s latest order in Bombay HC

Bombay High Court will tomorrow hear a plea filed by various channel broadcasters against TRAI’s direction two weeks ago asking them to publish new channel and pack prices in line new rules issued on Jan 1 this year. UPDATE: Hearing on the matter has been pushed to Friday, Aug 7. On January 1, TRAI had […]

Coming Soon: Airtel Broadband via cable operators

Bharti Airtel, which announced a program to partner with cable operators after Reliance Jio acquired Den and Hathway, said it has cracked the best model for the partnership and is planning to rapidly expand the program in the next 6-12 months. Airtel announced its cable operator collaborative program in late 2018, and has been trying […]

JLR says response to Land Rover Defender ‘sensational’

Tata Motors and JLR’s bet on reviving the original spirit of Land Rover with the Defender brand seems to be paying off, with the first model already notching up enough orders to keep the production lines busy for the rest of the year. Adrian Mardell, Chief Financial Officer of Jaguar Land Rover, called the launch […]

COVID 19 trips Bharti Airtel’s user growth, pricing pressure seen

Despite the extreme disruption caused by the COVID-19, Bharti Airtel reported a decent set of numbers for the Apr-Jun period, though the pandemic clearly slowed down the growth of Airtel’s 4G service and exerted pressure on realizations. PANDEMIC FREEZE While the company has been reporting strong increases in the number of 4G users in recent […]

Don’t see TRAI NTO 2.0 implemented this year: Zee CEO

Punit Goenka, the MD and CEO of content maker Zee Entertainment Enterprises, expressed reservations about the possibility of implementing TRAI’s revised tariff order in the current financial year. Responding to an investor query on what impact he saw the implementation of the January 1 tariff order would have on his company’s subscription incomes this year, […]

COVID not driving buyers to cheaper models: Bajaj Auto

Bajaj Auto, one of India’s biggest motorcycle manufacturers, said it is yet to see any down-trading or change of behavior among motorcycle buyers in India due to the COVID pandemic, and that demand is already at 80-85% of normal levels. Speaking to investors and analysts after the company’s quarterly results last week, executive director Rakesh […]

TRAI directs TV channels to publish new tariff immediately

The Telecom Regulatory Authority of India said it is abandoning its voluntary restraint in the implementation of new TV channel pricing rules announced on January 1 as channel broadcasters are taking advantage of the same to push through price increases. TRAI has so far not taken any action against those who did not implement its […]

Tata Communications wins Type B license in Saudi Arabia

Tata Communications, a provider of connectivity services to companies and other enterprises, said it has won a ‘Type B’ telecom license in Saudi Arabia to bolster its enterprise offering in the Middle East. Tata Communications is already providing some telecom services in the country, but as a foreign service provider. With the new license, it […]