CORONAVIRUS: Superstar Mohanlal calls for magical clapping

Malayalam Superstar Mohanlal expressed frustration at the high number of people who are refusing to heed government’s instructions on combating Coronavirus, and compared community clapping to magic that can destroy bacteria and viruses. “It won’t do to just say that we are not used to [such restrictions],” Mohanlal said in an interview with Malayalam channel […]

COVID-19: Stock Markets will ‘wait and watch’ for 1 week

Stock markets extended their losses on today, with the Nifty 50 falling by around 2.5% to 8,967. Among the biggest drags were ICICI Bank, which fell nearly 9%, indicating that large, foreign portfolio investors are exiting their long positions in the market. With this, the Nifty 50 index is now down 27.5% from its all-time […]

Stock markets likely to find near-term bottom on Tuesday

Stock market indices, including India’s Sensex and Nifty 50, are likely to find their short-term bottom today, after a savage correction on Monday in both the Indian markets as well as US markets. The Dow Jones Industrial Average suffered another massive setback on Monday, dropping by a massive 13% to 20,188. With this, 30-stock US […]

MARKET CORRECTION: Good time to invest?

Major Indian stock market indices fell by 8-9% today in the biggest single-day fall since the global financial crisis of 2008. The Sensex fell 2,919 points (8.2%), while the Nifty 50 fell 868 points (8.3%) — by far the biggest single-day points correction in the history of these two indices. GOOD TIME TO INVEST? The […]

Kerala High Court okays TRAI tariff in interim order

In what has to come as a major disappointment to big cable operators in the country, the Kerala High Court has given an interim green signal for TRAI to apply nearly all the provisions of the tariff order as it continues to hear the case. Earlier, it had asked TRAI not to take any punitive […]

Jio blames rivals for low data price, seeks TRAI help

Reliance Jio, the country’s largest telecom operator by size, said attempts to increase telecom tariffs have failed due to competitive actions by rivals, and asked TRAI to intervene to raise data prices. Traditionally, it is Jio’s rivals such as Bharti Airtel and Vodafone Idea which make such allegations. Responding to a TRAI consultation paper on […]

Dixon Tech starts making TVs for Samsung in India

Dixon Technologies, which commenced making smartphones for Samsung in India in November, has expanded its relationship with the Korean company to now make flat-panel TVs in India for the Korean giant. Dixon is a contract designer and manufacturer of electronic and lighting goods, including LED bulbs, washing machines, TVs and mobile phones. It is famous […]

Vodafone Idea says AGR dues 60% less than DoT estimate

Vodafone Idea, one of India’s biggest telecom operators, today said that the dues that it has to pay pursuant to a recent Supreme Court decision works out to Rs 21,533 cr. This is about 60% less than the Rs 53,000 cr that Department of Telecom has calculated. “Following the approval of the Board of Directors […]

Not aware of Vodafone Idea shutting down, says Govt

Ministry of Communications, Government of India today said that it was not aware of any speculations or reports about telecom operator Vodafone Idea shutting down its operations. This was stated by junior telecom minister Sanjay Dhotre when Member of Parliament Pratima Mondal sought government of India’s reaction to reports about the company being forced to […]

Pushed to the brink, Vodafone Idea gives Jio a fight

Vodafone Idea, an operator that is struggling to stay afloat, seems to have finally decided to abandon its long-held strategy of allowing Reliance Jio to undercut it on prices and lure away its customers. For the last four years, Vodafone and Idea always allowed Jio to price its offerings lower, thus helping the Mukesh Ambani […]

Airtel Digital partially implements TRAI Tariff Order

Airtel Digital, one of the top television channel distributors in India, has partially complied with TRAI’s tariff order as amended on January 1 this year. The company has complied with some provisions of the rules, such as reducing the network charge for up to 200 channels, while compliance with other parts of the tariff order […]

Cable/DTH operators ignore TRAI’s new tariff order

Most cable and DTH operators in India have failed to comply with TRAI’s tariff order issued that came into effect today in perhaps the first such incident in the industry’s history. As of today, the amended provisions of the Telecom Services Tariff Order, notified two months ago, have come into place. However, as of 8 […]

Tata Sky becomes first DTH to slash prices under TRAI tariff order

Tata Sky, the DTH service from the Tata Group, has become the first DTH platform to put into effect the amended TRAI tariff order, with only hours to go before the March 1 deadline. Other DTH operators are likely to follow suit in the next few hours. NCF REDUCED The first step towards implementing the […]

TRAI Tariff Order to come into effect on Sunday, No stay from Bombay High Court

With the Bombay High Court giving no specific direction or stay on the implementation of the amended TRAI tariff order, the country is all set to see the introduction of the second version of the tariff order on Sunday. Over the past three days, the Bombay High Court had been holding a marathon hearing on […]

Delhi Police asks for video footage to identify rioters

Delhi Police Commissioner designate SN Shrivastava today asked the public and the media to provide any video footage that can help identify the rioters, and promised that those who are identified as have participated in the riots will be brought before the law. “It is our endeavor that anyone who is a culprit or has […]

TRAI refuses to postpone tariff order implementation

The Indian broadcast and telecom regulator TRAI has refused to postpone the implementation of the amended tariff order on television channel pricing in court. The Bombay High Court had, on Wednesday, asked TRAI to state whether it was open to pushing back the date for the implementation of the amended tariff order by one month […]

Bombay HC asks TRAI if it can defer price cuts by 1 month

Bombay High Court today asked Telecom Regulatory Authority of India if it was willing to postpone the implementation of the amended TV channel pricing regulations by one month. This follows a change in the bench hearing a petition against the new rules filed by some industry stakeholders, including Indian Broadcasting Foundation. The judges who have […]

Hathway, Den to launch advanced, dual-tuner set-top-box

Reliance Jio, India’s largest telecom and cable company, has placed an order of around 5 lakh advanced set-top-boxes with Dixon Technologies, including those for deployment on Hathway and Den’s cable networks. Unlike the IPTV-enabled set-top-boxes being rolled out as part of the Jio Fiber network, many of these STBs sourced from Dixon are not meant […]

Jio reduces validity of long-term plans to 11 months

Reliance Jio, India’s largest telecom operator, has reduced the validity of its long-term recharges from 1 year to 11 months. Other operators continue to offer 1 year validity for their yearly plans. Jio used to offer two yearly plans – one priced at Rs 2,020 and another priced at Rs 1,299. The costlier plan was […]