Tag: business

GMR may challenge order scrapping user development fee at Hyderabad airport


HYDERABAD: GMR Hyderabad International Airport Ltd is considering challenging the regulator’s order scrapping the user development fee at Rajiv Gandhi International Airport here, a group official said today. The order by the Airports Economic Regulatory Authority (AERA) will have a negative impact on the company’s financials, said Siddharth Kapur, chief financial officer of GMR Infrastructure’s… Read More ›

Tech firms, Indian airlines join hands for flight safety


NEW DELHI: Aviation technology firms are entering the Indian market in a big way, tying up with airlines like Air India, IndiGo and GoAir to provide critical components to enhance flight safety and run their businesses. Air India today signed a MoU with major US firm Honeywell to upgrade the landing and take-off gears of… Read More ›

Telecom user base rises to 92.20 crore in January: Trai


NEW DELHI: The total number of telecom subscribers in the country rose marginally to 92.20 crore in January, on the back of increase in rural subscribers, sectoral regulator Trai said today. The overall user base stood at 91.51 crore at the end of December 2013, Telecom Regulatory Authority of India said. “The number of telephone… Read More ›

Vodafone, Telenor experience makes foreign telcos tread cautiously in India


CHENNAI: Foreign telcos want to foray into India but experiences of Vodafone and Telenor in the country have made them cautious, Melbourne-based Telstra Global’s Managing Director Martijn Blanken said today. He also termed the Indian regulatory environment as “challenging”. “The thing is, if you have enough patience it works (in India). It took us quite a lot to get our licences…. Read More ›

Green manufacturing leading to economic and ecological gains


Faced with increased regulatory pressure, chemical manufacturers, especially pharmaceutical and fine chemicals makers, are taking green route for processing Chemicals industry is under increased pressure across the supply chain with a traditional reliance on non-renewable resources (that are becoming increasingly scarce and have uncertainties over continuity of supply); old processes (most chemical processes are based… Read More ›

DoT sees MSMEs emerging stronger on the ‘cloud’


The telecom department has advocated mass deployment of cloud computing technologies to improve the global competitiveness and export earnings of micro, small & medium enterprises (MSMEs) during the 12th Plan period, according to an internal note seen by ET.  KOLKATA: The telecom department has advocated mass deployment of cloud computing technologies to improve the global… Read More ›

CDMA operators seek cut in base price for 800 Mhz bandwidth


Mobile phone companies offering services on the CDMA platform have demanded that the telecom department reject the sector regulator’s recommendations on the base price of airwaves in the 800 Mhz band and keep it at 65% of the starting price fixed for the recently concluded auction of 1800 Mhz bandwidth.  NEW DELHI: Mobile phone companies… Read More ›

Private banks at high risk of losing customers: IBM study


NEW DELHI: Private sector banks in India are at a greater risk of losing their customers on account of non-satisfactory services as compared to public sector banks, says a study by technology giant IBM. Conducted by research firm IDC, the study titled ‘Understanding the Indian Retail Banking Customer’ says push marketing is fast becoming obsolete… Read More ›

Tata Motors launches campaign against spurious spare part makers


This is part of a systematic campaign against the sale of spurious spare parts under the Tata Genuine Parts brand.  PUNE: Cracking down on counterfeit spare parts makers, Tata MotorsBSE 0.15 % conducted a raid at 33 parts manufacturers and duplicate packing suppliers in Maharashtra. This is part of a systematic campaign against the sale… Read More ›

Upbeat Boeing and Airbus revise 20-year market outlook for India


As per Boeing outlook, between 2013 and 2032 Indian airlines will buy 1,600 aircraft valued $205 billion.  HYDERABAD: Two of the world’s largest aircraft manufacturers – Boeing and Airbus – have both revised their 20-year market outlook for India stating that the country will see more aircraft sales till 2032 than what they had estimated… Read More ›