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 […]

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 […]

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 […]

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 […]

Ration-card portability now available in 12 states

The facility of supporting ‘ration cards’ from out-of-state residents has been extended to 12 states in India, according to data from the ministry of consumer affairs, food and public distribution. Ration cards in 12 states have been made interoperable with each other and holders of such cards can obtain food grains at subsidized rates from […]

AGR DUES: Why Vodafone Idea shutdown is unlikely

Vodafone Idea, one of the top telecom operators in India, is likely to deposit Rs 2,500 cr towards the demands raised by the Department of Telecom related to revenue share under India’s telecom license rules, according to industry sources. The company has been served with a total demand of over Rs 53,000 cr. Meanwhile, Bharti […]

Shutdown fears? Vodafone Idea is still expanding

Even as shares of Vodafone Idea tanked 17% over fears that the company may shut down or file for bankruptcy, the latest numbers posted by the company show that it continues to invest in its network. The correction in the stock price followed a renewed warning yesterday that the company may not be able to […]

Jio’s 6 paise charge led to massive shift in customers to Airtel

Reliance Jio’s decision to charge 6 paise per minute for outgoing calls to other networks had a massive impact on consumer behavior, according to indications from Bharti Airtel’s numbers and management commentary. Jio had, on October 9, announced that it was withdrawing all plans that came with free minutes to non-Jio networks, and from then […]

Who will get ISRO’s new capacity- Sun, Dish or Tata Sky?

Television enthusiasts in India are eagerly waiting to see which DTH provider will benefit from the recent launch of two powerful satellites by the Indian Space Research Organization or ISRO. The two satellites — called GSAT-30 and GSAT-31 — have been launched over the last 12 months. Originally, GSAT-30 was supposed to be placed in […]

TRAI TARIFF RULES: Tata Sky, Dish, others to announce new plans today

India’s major cable and DTH companies, such as Tata Sky, Airtel Digital, Dish TV, Hathway and GTPL, are likely to unveil new plans and TV channel packs today under TRAI’s amended tariff order. According to the amended tariff order — which has not been stayed by any court so far — all distribution platforms (cable […]

Reliance Jio users cut down on data, voice usage after price hike

Users of Reliance Jio’s 4G service have started cutting down on their data and voice usage the company implemented price increases in December, thus limiting the benefits of the price hike from fully flowing through to the company. The average data consumed by a Reliance Jio user fell to 11.1 GB per month during October-December […]

New genetic study lends strength to ‘Aryan Migration’ theory

The largest study of human genome ever carried out in Asia has added strength to so-called theory of Aryan migration theory into the Indian subcontinent. The study was published in the latest issue of scientific journal Nature. ARYAN MIGRATION THEORY According to the Aryan migration theory, the Indian subcontinent saw a massive influx of a […]

Most of your TV channel packs will stop working on Mar 1

Most of the channel packs currently available to cable and DTH customers are likely to disappear on Mar 1, given that broadcasters like Star, Sony and Zee have missed a 45-day window for making them complaint to new rules. This means that consumers who are currently subscribed to packs from Star, Zee, Colors and other […]

Did Satya Nadella really support illegal immigration into India?

Satya Nadella, the Indian-born CEO of Microsoft, has found himself at the center of a citizenship-related debate in India after he reportedly compared his situation in the US to that of Bangladeshi immigrants in India. However, a careful reading of Satya Nadella’s comments reveal that he did not support illegal immigration into India, but did […]

Broadcasters challenge TRAI’s amended tariff order

With just two days remaining for a deadline to file amended TV channel tariffs, a case filed by India’s big broadcasters in the Bombay High Court has been listed for hearing tomorrow in front of Justice SC Dharmadhikari. Broadcasters, including Star India, Zee Entertainment, Sony Networks and others, have come together under the banner of […]

TRAI unlikely to recommend floor pricing

Telecom regulator TRAI is unlikely to recommend floor pricing for voice and data services in India due to ideological as well as practical reasons, according to industry officials. The telecom regulator today came out with a consultation paper saying it wants to broad-base the discussion on setting minimum price for data and voice. At present, […]