Two companies had seek bailout package to fund their one-time spectrum fee burden. These companies two company is namely Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd. After an empowered Group of Ministers decided to impose a free on incumbent players with excess spectrum, these companies had faced a payout of about Rs 10,000. […]
Max India is selling it’s specially firms business in order to focus more in its core business of health care and insurance. It is quite true that when business grows, it would be difficult for the company to focus on it anymore. This is why other companies are just giving up on some of their […]
Fujifilm has made an important decision on its business where it will exit the ultra low-cost market of India. This is to address their problem when it comes to revenue generation. Obviously, the company will find it hard to get good revenue if they are selling their products in a very low price. This might […]
Today, what people usually seek for are affordable services. With this, Vodafone India had been cutting the cost of their 3G space. Due to high competition, any company should be doing their best to entice people with the service they offer. For the Vodafone India, slashing the cost of their service for the second time […]
When Sistema Shyam Teleservices started the MTS telecom services in India less did they know that, MTS would become one of the leading cellular service providers with more than 15 million customers. MTS was launched in India back in March 2009 and this year end of March, the company celebrates its 3rd anniversary. In a […]
PricewaterhouseCoopers trading as PwC, a London based world’s largest global professional services firm stated total population of India will be around 1.36 billion by 2021 of which middle class will account for 570 million. India’s middle class will keep growing in number and reach a $ 1 trillion market value opportunity for the consumer products […]
Vodafone India has connected with NM Rothschild, an investment bank to advice the company with its listing plans and assistance to clear the regulatory hurdles. They together are going to evaluate the price discovery and valuation, restructure the shareholding pattern and appoint the book-runners. Vodafone Group started their company as a telecom venture for USD […]
TRAI (Telecom Regulator Authority of India) has fixed the entry fee of pan-India mobile permit at Rs.20 crore. Companies can apply for the permit at both state and district level and will obtain them by taking part in an auction and buying the radio frequencies. The entry fee for state level permit is from Rs.50 […]
