Inox Leisure, one of India’s top cinema chains, said it plans to add 8,850 seats across 11 new properties to its multiplex chain in the ongoing financial year, taking the total seats to 1.56 lakh by March. These 11 new properties would bump its screen count by 49 to 692. Out of the 49 new […]
Bharti Airtel’s new strategy of tying up with cable operators has helped the company significantly speed up subscriber acquisitions in its wired broadband business and narrow the gap with Reliance Jio, which continues to be India’s fastest growing provider. Since introducing a new, collaborative model of joint roll-out with cable operators, Bharti Airtel’s monthly wired […]
COVID-19 season has failed to make any dent in the growth of India’s matchmaking websites such as Matrimony.com, the largest. Going by the numbers, youngsters in the country seem to be finding more time for online matching making services during the COVID-19 era than ever before. In a year when most companies have seen double-digit […]
Keralites overwhelmingly voted to retain the government of Pinarayi Vijayan in Kerala, breaking from a nearly half-a-century-old tradition of swapping the party in power every five years. Several factors have helped ensure a second term for Vijayan, but perhaps the most crucial has been the decisive and efficacious leadership shown by the politician during the […]
GTPL Hathway, one of India’s top five wired broadband providers, said it will start distributing its high-speed broadband service through local cable operators in the next two months. The company, whose broadband service is currently restricted to towns and cities, will also make the service available in thousands of gram panchayats across Gujarat by leveraging […]
Den Networks, a prominent Indian cable feed provider that is now part of the Reliance Industries group, today reported a set of disappointing financial performance numbers, capping a year of pain and degrowth. The company’s subscription revenue, which is overwhelmingly composed of the monthly subscription fees paid by cable TV subscribers, fell to 190 cr […]
The closure of Vedanta Ltd’s Tuticorin copper smelter in May 2018 has turned India into a net importer of refined copper, according to newly released government data. While India was a net exporter of refined copper to the extent of 3.34 lakh tonnes in the year ended March 2018 (prior to the shut down); the […]
Indian Railways is on track to post a decline of almost 75% in its revenue for the financial year that ended last month, according to data from the ministry of railways, Government of India. For the first 11 months of the financial year (Apr 2020 to Feb 2021), the total passenger revenue fell by three […]
Karnataka has emerged as India’s No.1 state in terms of installed solar power capacity overtaking early leaders such as Gujarat and Rajasthan, according to the latest numbers from the Minister of New and Renewable Energy, Government of India. According to these numbers, the south Indian state accounted for almost a whopping 19% of India’s total […]
India has a whopping 77.17 gigawatt of renewalble power generation capacity either under implementation or in the process of being allocated for implementation, according to data from the ministry of new and renewable energy, Government of India. This is equal to about 83% of India’s total renewable energy capacity of 93 GW in place as […]
Kerala Cable TV Operators’ Association, the biggest organization of local cable operators in Kerala, will inaugurate its much-awaited voice calling service on Thursday, March 25. This will make it possibly the first cable TV operators’ association in the entire country to diversify into voice services. It was one of the first to branch out into […]
Indian Railways converted 5,601 railway coaches into emergency COVID-19 isolation wards to deal with an expected surge in critical COVID-19 cases, but only 135 of these were ever put to use, data from the ministry of railways reveals. Indian Railways spent a total of 38.30 cr — or about 68,380 per coach — to equip […]
Contrary to expectations, the COVID-19 pandemic has negatively impacted the growth of digital payments in India. Against a growth of 46% in the value of digital payments last year, this year, digital payments growth is on track to be around 11.5%. In terms of actual numbers, with 20 days remaining in the year, the total […]
Government of India has canceled or suspended the eligibility of thousands of non-government organizations to receive foreign aid in recent years, according to data from the ministry of home affairs, Government of India. The biggest cull came in 2019, when it removed 2,171 NGOs from the list of organizations eligible to receive funds from abroad. […]
Bharat Sanchar Nigam Ltd is all set to report its first improvement in finances after the entry of Reliance Jio into the market, and is on track to reduce its operating expenses by around half this year. For the first nine months of the current financial year, BSNL’s total losses plunged to just Rs 3,607 […]
The new rules for messaging apps announced as part of today’s digital/online media regulatory framework will make it impossible for WhatsApp to continue to operate in India in its present form. One of the key demands placed by the government in front of WhatsApp has always been that it should attach an origin-ID to all […]
Prestige Estates Projects, which operates some of India’s top malls such as Bangalore’s Forum Mall, said retail spending has recovered to around 70-80% of normal levels, though it may take several months for it to fully normalize. “The malls should be back in the next six months, they should stabilize fully. Hospitality should take a […]
Government of India seems to have had a change of heart as far as its digitization strategy for radio is concerned, particularly on the choice of technology for the future. The first phase of India’s radio digitization — which has the potential to deliver CD-quality sound on radio receivers — was started around 11 years […]
India-based Dixon Technologies, one of the world’s largest contract electronics manufacturers, said it is in the final stages of operationalizing a deal with Chinese electronics maker Lenovo that will enable it to start export smartphones in coming months. This will mark the quickest move to exports for any category for Dixon Electronics. At present, the […]
Signal, the open source messaging platform, has become extremely slow and even unresponsive in several parts of India after a sudden rush of new users looking for a more secure alternative to WhatsApp. Global interest in Signal app has jumped by around 50 times since WhatsApp announced changes to its terms of use last week. […]
