TRAI

TRAI Fines Telecom Companies Rs. 6L For Unwarranted Calls

by | posted: December 20, 2011
No one can say that the folks over at The Telecom Regulatory Authority of India (TRAI) haven’t been doing their job. After getting serious about cracking down on unwarranted SMSes to consumers, they...
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LinkedIn

Welcome Back To The “Overweight” Club, JP Morgan Tells LinkedIn

by | posted: December 7, 2011
LinkedIn snatched back the coveted “Overweight” upgrade from JP Morgan today. In the month of July this year, JP Morgan had downgraded LinkedIn’s rating on stock to Neutral from Overweight. In the...
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ipo

Facebook On Its Way To A $100Bn Valuation: Too Steep Or Well Deserved?

by | posted: November 30, 2011
It seems the time has come for Facebook to come up with an IPO and it is going to be huge! According to some inside sources, Facebook is considering raising $10 billion which would ultimately value...
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mobile

SBI Initiates Mobile Banking For Rural Areas

by | posted: November 29, 2011
State Bank of India unveiled its mobile banking facility for the rural areas in India. This was inaugurated by SBI Managing Director Krishna Kumar as he passed on the “Bank on Wheels” vehicle...
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f

Flipkart Expecting A Massive Surge In Sales This Year

by | posted: November 23, 2011
Flipkart has become truly huge in India to the point where some people we know are only shopping on it without going out to a store at all. The convenience it offers is unparalleled and their logistics...
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aadhar

UID Project Will Face Major Tests Next Month

by | posted: October 31, 2011
The UID (Unique ID) project which is being set up in full swing recently will face its first major test starting next month. The UID system will be deployed fully in Jharkhand where it will authenticate...
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Q1 2011 Phone Shipments Down By 3% In India: Is This Calm Before The Storm?

by | posted: September 28, 2011
While we are used to hearing news of Mobile Phone usage booming, sales at an all time high, penetration more than ever before, here is an odd bit of news. Sales figures have come in for Q1 2011, i.e –...
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Mobile Telephony Speeds On: 53 Lakh New GSM Subscribers In August 2011

by | posted: September 21, 2011
 The Cellular Operators Association of India (COAI) has released its monthly report. In it they give us subscriber figures for the month August 2011. Here are some key findings from the Report: In...
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RCom Profits Down 37% From Last Year

by | posted: August 23, 2011
Reliance Communications, India’s second largest Mobile Firm has reported its Quarterly Net Profit. Compared to last quarter, profits are down a whopping 37%. Though overall revenue grew, an increasingly...
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Stock Market Jitters Push One97 On The PE Path

by | posted: August 9, 2011
One97, one of India’s pioneers in cloud platforms has dropped plans for an IPO and will seek private equity funding given the current uncertainty in the markets following the US debt downgrade. The Noida-based...
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Essar Seeking For New Foreign Partner to expand their Mobile Retail Arm

by | posted: August 3, 2011
The Essar Group has plans to pump its mobile retail brand: The Mobile Store with a new foreign partner soon. In 2007, Essar had entered a tie up with Richard Branson’s Virgin Mobile to open The Mobile...
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Digital Presence Is Reinforced By ‘Outlook Money’

by | posted: July 19, 2011
The finance magazine targets the youth and aims at getting fresh users through its presence in the digital market. ‘Outlook Money‘ is the new digital face in the market today. Its fortnightly...
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Rediff FY10-11 Results:Net loss of $6.57 million,Revenue up 22%

by | posted: May 26, 2011
Rediff has announced the results for the 4th Quarter and fiscal Year that ended March 31, 2011 and the results sound similar to that of the last year with some obvious difference in numbers. The report...
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Apple Now More Profitable Than Microsoft

by | posted: May 2, 2011
Financial results have started coming in, and with that Apple has become more profitable than Microsoft, in fact the most profitable company in the industry. This was the first time Apple’s profits...
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InfoEdge Reports 47% Increase in Profits

by | posted: April 29, 2011
Info Edge (India), the parent company of naukari.com, has reported 47.49% increase in its profit after tax for the year ended on March 31, 2011. Last year its profit after tax stood at 56.93 crore. This...
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Facebook’s Revenue To Touch $2 Bn In 2010?

by | posted: December 17, 2010
A report from Bloomberg states that, Facebook could reach a revenue of $2 billion through 2010, while this figure was just below a billion in the previous year. The interesting but unsurprising thing is,...
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