With govt nod, Hero MotoCorp to vaccinate full workforce

In what is likely to become a norm soon, Hero MotoCorp has announced that it will vaccinate its entire workforce, including contract workers, against COVID-19 at its own cost. “With the government opening up the vaccination process against the coronavirus for the corporate sector, we have decided to vaccinate our workforce and other stakeholders within […]

IoT: Vodafone Idea wants to become techco, not just telco

Vi Business, the enterprise arm of Vodafone Idea Ltd. (VIL), said it has taken a crucial step towards turning itself into a techco from being a telco for its enterprise customers. It has become only telecom company in India to offer a secure end-to-end IoT solution offering that comprises connectivity, hardware, network, application, analytics, security […]

BSNL withdraws highly popular Rs 449 Bharat Fiber plan

BSNL, a state-owned telecom provider, has withdrawn the enormously popular Rs 449 Fiber Basic Plan with effect from today. The plan was put in place in November last year in response to the launch of a cut-throat, Rs 399 plan by Reliance Jio, India’s largest telecom operator. The 499 plan gave 3,300 GB of high-speed […]

Bharti Airtel raises $100 mn from Mastercard via Africa mobile money stake sale

Telecom operator Bharti Airtel said US-based payments processor Mastercard will invest $100 mln (Rs 730 cr) into its Africa mobile payments business. The announcement comes two weeks after TPG Group invested $200 mn in Airtel Money Africa. The latest agreement values Airtel Africa’s mobile money business at $2.65bn on a cash and debt free basis, […]

HAL points to 6% FY sales growth, double-digit PAT growth despite COVID

HAL or Hindustan Aeronautics Ltd, a government-owned aircraft maker, reported a 6% growth in its revenue for the current year despite a one-month shut-down related to the COVID-19 pandemic. The Bangalore-based company reported provisional revenue of Rs 22,700 crores for the year ending today, up from Rs 21,438 crores for the year ended March 2020. […]

STIMULUS IMPACT: Maruti Suzuki to go for second price hike in four months

Maruti Suzuki has said that it will go for a round of price increases next month (April), its second in four months. The company had increased prices of its cars and utility vehicles on Jan 18 this year, citing rising commodity costs. “Over the past year the cost of company’s vehicles has been impacted adversely […]

Gufic Lifesciences gets nod for injectables unit merger

Gufic Lifesciences Ltd, one of the oldest pharma companies in India, today said it has won the last pending regulatory approval for the amalgamation of its injectables unit with itself. It said it won approval from National Company Law Tribunal Mumbai for the merger last week. Since the transaction has a date of Jan 1, […]

Anyone, including Huawei, can participate in 5G auction – India

Responding to question on whether Chinese companies like Huawei can purchase 5G spectrum in the upcoming auction, India’s communications ministry said any company of any country can participate in any spectrum auction in India. “..they [foreign companies] are allowed to participate in the auctions directly and apply for a Unified License subsequently through an Indian […]

BSNL 4G expansion to take time as equipment order not given yet

BSNL subscribers waiting for faster wireless connectivity may have to wait for a year or more, as the government today clarified that the state-owned telecom operator has not given orders for 4G equipment for its much-delayed network expansion. Nearly 11 years after 3G and 4G spectrum was first handed over to the company, BSNL is […]

Nothing illegal in non-DD Free Dish channels being viewed by FD subs: Govt

Government of India has indicated that it found nothing illegal in channels from other DTH platforms being available for viewing by audiences of Prasar Bharati’s DD Free Dish service. There have been allegations by a section of the broadcasting industry that the availability of channels from other DTH platforms to users of DD Free Dish […]

PVR opens Mysore’s biggest multiplex at Forum Center City Mall

In a sign of things slowly returning to normal, PVR announced the opening of a new multiplex theater after nearly a year. The new six-screen multiplex theater — the biggest in Mysore — will open inside Mysore’s biggest mall, Forum Center City Mall, today. PVR CEO Gautam Dutta said the new muliplex will offer “advanced […]

SC to examine OTT regulations tomorrow

A Supreme Court bench of Ashok Bhushan and Subhash Reddy has asked to see the new regulations brought out by the central government on content apps. In an appeal for anticipatory bail for Amazon Prime creative head Aparna Purohit in a case of outraging Hindu sentiments, the bench asked the government what it plans to […]

Reliance Jio 4G speeds to increase as co spends 57k cr on spectrum

Reliance Jio, India’s largest telecom operator, increased its spectrum holding by 55% after it spent over Rs 57,000 cr in the just concluded auction, and will seen an increase in its 4G speeds in coming days. The company emerged as the biggest spender in the auction, and has reportedly purchased spectrum worth nearly twice the […]