Tag: ET

Big telcos to thrive, small ones may fall: Standard & Poor’s


KOLKATA: Top operators Bharti Airtel, Vodafone India and Idea Cellular would strengthen their market positions since smaller, weaker telcos could find it difficult to acquire expensive spectrum and run profitable nationwide operations in a sector which is entering a phase of consolidation, rating agency Standard & Poor’s said. READ MORE…   SOURCE: http://economictimes.indiatimes.com/ Advertisements

Local airlines to fly less this summer; Jet Airways, SpiceJet and AI slash number of flights


From Oct onwards, domestic airlines on an average have struggled to fill even three-quarters of each flight. Dmand fall is a temporary blip in the industry.  NEW DELHI: All domestic airlines barring IndiGo and GoAir have decided to cut flights for the April-September 2014 period, known in aviation parlance as the Summer Schedule. Data from… Read More ›

Bulk drug industry needs to be strengthened’


There is a need to look at strengthening development of the bulk drug industry in India as the country offers tremendous potential in research and development, a senior government official said at the  5th India Pharma Summit.  MUMBAI: There is a need to look at strengthening development of the bulk drug industry in India as the… Read More ›

FDI in pharma doubled during April to December


The government had cleared a Rs 5,168 crore proposal of US-based pharma firm Mylan Inc’s to acquire Indian generic drugs company Agila Specialties.  NEW DELHI: Foreign direct investment in the pharma sector has more than doubled to $1.26 billion during the April-December period of 2013-14 fiscal amid concerns over increasing acquisitions of domestic firms by… Read More ›

Oil and gas retailing: Changes to pivot around individual consumer


While both policies pivot around giving a new deal to individuals & households, they change the way they look at this set of consumers: from buyers of products at subsidised prices to buyers of products at marketlinked prices.  In two policy changes, one that is currently unravelling and another that is done, resides a promise… Read More ›

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 ›

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 ›