HindustanTimes Sun,21 Dec 2014


No FDI till new merger & acquisition rules are in place

The government's decision, on Tuesday, to hike the foreign direct investment (FDI) limit in the telecom sector to 100% from the existing level of 74% is expected to provide a huge breather to some of the domestic operators. Manoj Gairola reports.

Vodafone says Q1 sales lifted by emerging markets

British mobile phone giant Vodafone today said that first-quarter sales grew in the first quarter, as strength in emerging markets countered weakness in Europe.

Indian IT may step up local hiring in US

Onsite hiring by Indian information technology (IT) outsourcing players will go up with restrictive immigration policies taking shape in the US, the UK, Canada and Australia, the main markets for the country’s $100-billion (R5,97,000-crore) software industry. Manu P Toms reports.

Chinese software major opens Huawei Club in Bangalore

Leading Chinese ICT solutions provider Huawei Technologies has unveiled a club in this city to engage its users and techies to build better user experiences.

Smartphone plugged into a big screen becomes your desktop

Plug your smartphone into a big screen, and it becomes your desktop computer. Interested? You can also fund its manufacture as an investor.

SC to hear plea against summons to Anil Ambani on Monday

Reliance ADAG chairman Anil Ambani may have to appear tomorrow before a special CBI court as a prosecution witness in 2G case as the SC today refused to give an urgent hearing on RTL plea against the trial court order and posted the case for hearing on Monday.

Telecom operators cut net access tariffs to woo users

There is good news for mobile subscribers. Leading operators such as Bharti Airtel, Vodafone, Reliance Communications and Idea Cellular have started reducing tariffs to push mobile internet access. Manoj Gairola reports. The mobile story

Mobile growth dip takes shine off Samsung Q2 profit record

Samsung Electronics Co Ltd is under mounting pressure to produce eye-catching new smartphones after its mobile business shrank 3.5% in the second quarter, taking the gloss off a record $8.5 billion operating profit.

DoT to take law min views on legality of SSTL operations

Divergent views of two lawyers representing government on Sistema Shyam Teleservices operations between February 15 and March 11, 2013 has prompted DoT to seek the law ministry's opinion on the matter.

Apple is squeezed as smartphone market expands

The global smartphone market showed healthy growth in the second quarter, but Apple's iPhone was squeezed by competition from Samsung and other Asian manufacturers, surveys showed today.

Government mulls fee for telecom deals

The department of telecommunications' guidelines propose that if the merged firm commands below 35% market share, then approval will be automatic beyond which government's permission would be required. Manoj Gairola reports.

3G row: HC judge recuses from hearing pleas of telecom firms

A Delhi high court judge today recused from hearing separate pleas of telecom firms, Bharti Airtel, Vodafone and Idea Cellular Ltd against DoT orders asking them to stop providing intra-circle 3G roaming service outside their licensed circles by entering into pacts with other service providers.

3G: Telecom dept may issue fresh notice to Bharti

The department of telecommunications (DoT) is likely to send fresh show cause notices to Bharti Hexacom for violation of licence conditions “by allowing use of its 3G spectrum under garb of 3G inter-circle roaming agreements”. Manoj Gairola reports.

Videocon, SSTL, Telenor may gain in M&A guidelines plan

New operators including Videocon, Telenor, and Sistema Shyam Teleservices Ltd (SSTL) would be major gainers if the proposed merger and acquisition (M&A) guidelines in telecom are implemented. Manoj Gairola reports.

2G: accused in A Raja's case want joint trial with Essar

Rajiv Agarwal, facing trial in the 2G spectrum case along with former telecom minister A Raja and others, today moved a special court seeking a joint trial with promoters of Essar Group and Loop Telecom in a case arising out of the probe into the scam.
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