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31 March, 2015 7:04 PM Mukesh Ambani sets sights on Israel in quest for start-ups

Mukesh Ambani sets sights on Israel in quest for start-ups Billionaire Mukesh Ambani is scouting for start-ups that could dovetail with his own plans for e-commerce and phone services in India. For that, he is willing to look as far as Israel and Silicon Valley in the US. GenNext Ventures, owned by his Reliance Industries Ltd, is talking to other venture 42

30 March, 2015 10:45 AM Spectrum auction: Your phone bills may go up soon: Moody's

Indian telecom operators are expected to gradually increase rates to recover Rs 1.1 lakh crore they bid for spectrum in the auction that concluded last week, Moody's said. "This high cost is credit negative for the country's telecom operators because it will increase their debt and costs and reduce their ability to fund future expansion," said the global 35

30 March, 2015 10:25 AM How telcos fought the bruising battle for spectrum

NEW DELHI: "It was really frustrating. We could see this guy was driving up the prices, without being serious about buying 900MHz. But we couldn't do a thing. We just had to go higher and higher...we paid him back in the same coin in 800MHz. That was some pleasure." "I learnt more about the business in a few days than I could have learnt in two years" 116

14 March, 2015 12:15 AM ‘World is in the cusp of digital revolution’

: The world is in the cusp of a digital revolution which can change the lives of the people, and Reliance JIO Infocom Ltd. is creating the technology infrastructure throughout India in order to take the benefits of the revolution to the people, said Muralikittu, CEO Tamil Nadu, Reliance JIO Infocom Ltd. (RJIL). Speaking at the inaugural function of INVICTUS’ 32

3 January, 2015 5:13 AM 2014: Telecom Firms Up Rates, Eye Internet Data for Big Bucks

New Delhi: As it inched closer to the 100-crore subscriber base, India's telecom industry identified mobile internet data as the next big thing for revenue generation even as consumers were burdened with up to 100 per cent rise in charges for such services in 2014. From a subscriber base of nearly 91.5 crore at the end of 2013, the industry was hoping 61

30 December, 2014 10:16 AM Telecom Operators Eye Internet Data for Big Bucks

As it inches closer to the 100-crore subscriber base milestone, telecom industry identified mobile Internet data as the next big thing for revenue generation even as consumers were burdened with up to 100 percent rise in charges for such services in 2014. From a subscriber base of nearly 91.5 crores at the end of last year, the industry was hoping to reach 158

11 December, 2014 9:29 AM Entry of Reliance Jio a threat for existing telcos:DolatCap

Telecom is one of the fastest-growing industries in India. Today, India stands as the secondlargest telecommunications market in the world. The mobile phone industry in India, which is estimated to contribute $400 billion in terms of gross domestic product (GDP) of the country in 2014, is expected to generate about 4.1 million additional jobs by 2020. The sheer 9

29 June, 2014 9:00 PM Auction rigged, cancel broadband spectrum held by Reliance Jio, CAG report says

NEW DELHI: The CAG has suggested cancelling nationwide broadband spectrum allocated to Infotel Broadband Services, now a Reliance Industries company, for allegedly rigging the auction and violating rules. CAG in a draft report sent to the department of telecom for comments, said, "the DoT failed to recognize the tell-tale sign of rigging of the auction 29