Financial Updates
MUMBAI: India’s ultra-competitive app-based taxi-hailing market has quickly become a multi-billion-dollar industry, but controversy surrounding safety, rejected licences and protesting cabbies threatens to slam the brakes on its spectacular rise. Domestic company Ola Cabs and US-based Uber are booming, Read More
SEOUL: In a country with a record of hostility towards foreign capital, some local investors are breaking with tradition as they side with a US hedge fund opposing an $8 billion merger seen vital to the transfer of leadership Read More
TAIPEI: Taiwan’s HTC Corp will not consider a merger with larger rival Asustek Computer Inc, HTC said, responding to comments made by Asustek’s head during its annual general meeting. “HTC has not made any contact with Asus regarding this Read More
NEW DELHI: Telecommunications company Bharat Sanchar Nigam Limited (BSNL) will begin its free roaming service today, under which customers will not have to pay to use mobile services while travelling outside the circle to which their connection belongs. Apart Read More
There seems to be a lot of evidence that Samsung is planning a super-sized version of the S6 Edge — not least the pictures that leaked a couple of weeks ago — and now we have a few more Read More
KOLKATA: Apple is planning more than a twofold expansion of its retail reach in India to double iPhone sales in each of the next three years to achieve fresh targets set by the company’s US parent amid stiff competition Read More
NEW DELHI: The government is looking at a major overhaul of telecom equipment sourcing and testing in India as it fears that unfettered supplies from foreign vendors, including Chinese companies, are making the system susceptible to spyware and malware Read More
NEW DELHI: State-run BSNL will launch free roaming, starting tomorrow, which will allow all its mobile customers across the country to receive incoming calls at no cost. “Now BSNL mobile customers will not need to carry multiple SIMs and Read More
NEW DELHI: Telecom services provider Vodafone has increased pre-paid data tariff for 2G and 3G services in Delhi NCR by up to 47%, while MTS hiked rates of post-paid data pack by 8%. The increase comes in the aftermath Read More
New Delhi: Doing some plain speaking on call drops, Telecom Minister Ravi Shankar Prasad today asked mobile operators to walk the extra mile to reinforce their systems as they have enough spectrum to provide telephony services without interruption. The Read More
