Companies News

IndiGo services hit as servers down across India, passengers stuck in long queues

IndiGo services hit as servers down across India, passengers stuck in long queues

IndiGo`s outage comes as dozens of flights face delays or cancellations on Monday, according to reports, due to a decline in visibility because of hazardous air pollution shrouding New Delhi, home to

Nov 04, 2019, 13:29 PM IST
Department of Telecommunications can initiate action against Airtel promoters

Department of Telecommunications can initiate action against Airtel promoters

As per Airtel's filings with NSE/BSE, the promoter group of Airtel is comprised of Bharti Telecom Limited with a shareholding of 41.24 per cent, Indian Continent Investment Limited - 6.46 per cent,

Nov 04, 2019, 12:40 PM IST
Saudi Arabia kick-starts IPO of world's largest oil company Aramco

Saudi Arabia kick-starts IPO of world's largest oil company Aramco

Aramco did not give a time frame or say how much of the company it would sell, but sources have told Reuters the oil company could offer 1%-2% of its shares on the local bourse, raising as much $20

Nov 03, 2019, 14:37 PM IST
TRAI fixes mobile call ring time at 30 seconds, 60 seconds for landline

TRAI fixes mobile call ring time at 30 seconds, 60 seconds for landline

Telecom Regulatory Authority of India (TRAI) on Friday set phone call ring time at 30 seconds on mobiles and 60 seconds for landline phones, in case the call is neither answered nor rejected by the

Nov 01, 2019, 19:18 PM IST
JioPhone Diwali offer witnesses record sales, extends onslaught by 1 month

JioPhone Diwali offer witnesses record sales, extends onslaught by 1 month

Under the JioPhone Diwali Offer, JioPhone witnessed an unprecedented record demand during the past three weeks, due to which Jio has decided to continue the onslaught for one additional month.

Nov 01, 2019, 18:46 PM IST
WhatsApp sues Israeli firm NSO Group over phone hacking scandal

WhatsApp sues Israeli firm NSO Group over phone hacking scandal

In its legal complaint against the Israeli firm - NSO Group - the WhatsApp claimed that the firm installed spyware on users' phones and targeted human rights defenders, journalists, political

Oct 31, 2019, 15:53 PM IST
Setback for telcos as SC orders them to pay Rs 92,000 crore to government

Setback for telcos as SC orders them to pay Rs 92,000 crore to government

It is to be noted that the legal tussle between the government and the telecom firms over the definition of AGR was ongoing for the last 14 years.

Oct 24, 2019, 16:39 PM IST
MTNL locked at upper circuit after merger announcement with BSNL

MTNL locked at upper circuit after merger announcement with BSNL

Minister for Communications and IT Ravi Shankar Prasad said the government is neither closing down nor divesting its stake in the two financially stressed entities.

Oct 24, 2019, 14:55 PM IST
Cabinet approves BSNL-MTNL merger, employees to get VRS package offer

Cabinet approves BSNL-MTNL merger, employees to get VRS package offer

Talking to media after the meeting of Union Cabinet, Telecom Minister Ravi Shankar Prasad said that Rs 29,937 crore will be given by the Centre in order to revive MTNL and BSNL.

Oct 23, 2019, 17:26 PM IST
Airtel fastest in downloads, Jio tops 4G availability

Airtel fastest in downloads, Jio tops 4G availability

Airtel has excelled in the download speed experience category by scoring 9.6 mbps, followed by Vodafone (7.9 mbps), Idea (7.6 mbps), Jio (6.7 mbps) and 3G-only BSNL (3.1 mbps).

Oct 22, 2019, 22:57 PM IST
Infosys draws flak over delay on whistleblower's complaint

Infosys draws flak over delay on whistleblower's complaint

Chairman Nandan Nilekani's statement said that a board member received two anonymous complaints on September 30, which were placed before the audit committee on October 10 and before the non-

Oct 22, 2019, 22:11 PM IST
Department of Telecom  prepares Rs 74,000 cr revival plan for BSNL, MTNL

Department of Telecom prepares Rs 74,000 cr revival plan for BSNL, MTNL

Department of Telecom (DoT) move comes following the appointment of a high-level committee to look into the revival of MTNL and BSNL, said, an official source.

Oct 22, 2019, 17:30 PM IST
Uber partners with Delhi Metro to launch seamless transport service in capital

Uber partners with Delhi Metro to launch seamless transport service in capital

Under the 'Uber Transit' service, when riders enter a destination, they will see ‘Public Transport’ as an option alongside ‘UberGO’, ‘Premier’ and ‘UberPool.’

Oct 22, 2019, 16:12 PM IST
BSNL revival plan expected in a month: Chairman Pravin Kumar Purwar

BSNL revival plan expected in a month: Chairman Pravin Kumar Purwar

Chairman and MD P.K. Purwar said, "Telecom sector is also going through a challenging phase which all operators are finding very challenging financially because of the very competitive tariff. BSNL

Oct 21, 2019, 22:00 PM IST
ZEEL declares Q2FY20 results, registers consolidated revenue of Rs 21,220 million

ZEEL declares Q2FY20 results, registers consolidated revenue of Rs 21,220 million

For the second quarter of FY20, ZEEL reported consolidated revenue of Rs. 21,220 million. Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) was Rs.6,929 million with an EBITDA

Oct 18, 2019, 12:49 PM IST
RIL creates new benchmark, becomes first company to hit Rs 9 lakh crore in market cap

RIL creates new benchmark, becomes first company to hit Rs 9 lakh crore in market cap

RIL was also the first company to reach Rs 8 lakh crore mark in August last year.  

Oct 18, 2019, 12:32 PM IST
Essel Group to consider divestment of Zee Learn

Essel Group to consider divestment of Zee Learn

In an investor call on Thursday (October 17, 2019), the Essel Promoters shared that they are planning to divest Zee Learn Ltd, which is India’s largest listed education company.

Oct 17, 2019, 23:54 PM IST
Two SpiceJet pilots suspended for three months for runway incursion

Two SpiceJet pilots suspended for three months for runway incursion

Directorate General of Civil Aviation (DGCA) on Thursday suspended two pilots of SpiceJet for three months in connection with the runway incursion case at Delhi airport in August. Captain Bhushan

Oct 17, 2019, 19:36 PM IST
Punjab National Bank scam: Nirav Modi's custody extended till November 11

Punjab National Bank scam: Nirav Modi's custody extended till November 11

The 48-year-old diamantaire, who is fighting extradition to India, appeared for the hearing from his London jail for a regular remand hearing.

Oct 17, 2019, 18:46 PM IST
Google launches Pixel buds, Pixel 4, Pixel 4 XL with improved camera, motion sense support

Google launches Pixel buds, Pixel 4, Pixel 4 XL with improved camera, motion sense support

At its annual hardware launch event - Made by Google - on Tuesday, the internet search giant launched its wireless earphones which are called the Google Pixel Buds.

Oct 16, 2019, 09:23 AM IST