It’s the end of earnings downgrades for cement

After a few subdued quarters, cement prices have shown an uptick. Prices rose to Rs 280 per 50-kg bag, from Rs 210-220 a bag in December 2015-January 2016. Analysts at Religare attribute it to the pickup in infrastructure activity and normalisation in supplies. In West, too, prices are up Rs 20-40 per bag, with prices […]

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Bharti Airtel edging out competition

Bharti Airtel’s Rs 4,428-crore deal with Videocon Telecom, which will give it five megahertz (MHz) of spectrum each in the six circles of Bihar, Haryana, Madhya Pradesh, Uttar Pradesh (east), Uttar Pradesh (west) and Gujarat in the 1,800-MHz band and valid till 2032, is positive. Idea Cellular had signed a deal in November 2015 with […]

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Reliance to launch Jio by Dec, set to kick off pricing war

Mukesh Ambani is set to launch his much-delayed telecom business under the brand name Reliance Jio by December. In what could cause some anxiety to Jio’s competitors, the Reliance Industries Ltd (RIL) chairman & managing director said the price of the 4G smartphones could be less than Rs 4,000, and voice and data services could […]

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Reliance Jio plans Wi-Fi deals with state, local authorities

Reliance Jio Infocomm (RJIL), a subsidiary of Mukesh Ambani’s Reliance Industries, plans to enter into agreements with various state and local authorities to offer Wi-Fi services. It has launched trial Wi-Fi hot spots across India, the company stated, while announcing Reliance Industries’ results for the fourth quarter of 2014-15. Last year, the company had announced […]

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RCom to trade spectrum with RJio to offer 4G

Reliance Communications (RCom) will partner with Mukesh Ambani’s Reliance Industries’ telecom venture, Reliance Jio, for offering fourth-generation (4G) services through a spectrum sharing and trading route. Jio, expected to launch its 4G service by the end of this year, will be able to access RCom’s 2G and 3G network through the partnership. RCom is in […]

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Airtel, Vodafone plan to buy Videocon spectrum

Bharti Airtel and Vodafone India might buy additional spectrum in three circles from Videocon due to their acute need of fourth generation (4G) technology based radio waves in Bihar, Uttar Pradesh (UP) East and Haryana circles, rating firm India Ratings said on Monday. Soon after selling spectrum in two circles to Idea last week, Videocon […]

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Alibaba to Train a Million Teenagers in Rural China: Report

Alibaba plans to train a million teenagers in rural China to help start their own online businesses, taking e-commerce to the country’s vast rural areas, the official Xinhua news agency reported on Tuesday. China’s biggest e-commerce company reached an agreement with the China Communist Youth League to support the youngsters through funding, training and partnership, […]

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UK’s Contentious Online Spying Law Passes Test in Parliament

A proposed British law that gives police and spies unprecedented powers to look at the Internet browsing records of everyone in the country passed its first major vote in Parliament on Tuesday. The country’s interior minister, Home Secretary Theresa May, vowed its intrusive reach would be governed by “the strongest safeguards” against abuse. Opening a […]

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