Vodafone India partners with HMD Global for Nokia smartphones

Vodafone India on Wednesday announced its partnership with Finnish technology company HMD Global for their newly launched Nokia-Android smartphones.

All Nokia smartphone users can avail the offer of additional 4G or 3G Data, the company said in a statement.

"We are delighted to partner with HMD Global to roll out this exciting offer that enables our customers to get the

OnMobile Global surges over 7% on signing new deal

Shares of OnMobile Global rallied over 7 per cent on the Bombay stock Exchange after the company said that it has secured a 3-year deal with Banglalink, one of the leading digital communications services providers of Bangladesh to provide Ringback Tones and Reverse Ringback Tones to its customers. Buoyed by the development, shares of the company gained as much as 7.28 per cent to hit intra-day

Tejas Networks surges nearly 4% on block deal

Shares of Tejas Networks jumped nearly 4 per cent on the second day of the trade on the Bombay stock Exchange after exchange data showed that institutional investors acquired stake in the company through open market transaction.

According to data available with NSE, Amansa Holdings had purchased 1.35 million shares at price of Rs 260.56 per share, while Abu Dhabi Investment bought 530

DoT to make tampering of IMEI number a punishable offence

The Department of Telecom has said that it is planning to make altering of IMEI number -- a unique 15-digit serial number of mobile devices a punishable offence with up to three years of imprisonment. As per reports, the move will help curb issues pertaining to fake IMEI numbers and also ease tracking of lost mobile phones. Commenting on the issue, a government official told the media, "It

Tejas Networks rises on market debut after $119.6 million IPO

MUMBAI  - Shares in Tejas Networks rose as much as 3.6 percent on their market debut on Tuesday after the company raised 7.7 billion rupees ($119.56 million) via an initial public offering (IPO).

Shares of the telecom equipment company were trading up 1.3 percent at 260.45 rupees, as of 0439 GMT, compared with their issue price of 257 rupees. The IPO was subscrib

COAI opposes plan for mandatory testing of telecom products

COAI has opposed a proposal for mandatory testing of telecom products, saying the move will "cripple" the debt-ridden sector and increase cost of telecom services hurting end-consumers, reported PTI. In a letter to the Telecommunication Engineering Centre, which is proposing compulsory testing and certification of telecom gears, the COAI said the proposal should be "abolished&quo

ASSOCHAM asks DoT to drop mandatory testing proposal

Opposing any more layer of regulation to the highly indebted telecom industry, battling several challenges, the ASSOCHAM has urged the Department of Telecommunication to drop the proposal of mandatory testing of telecom equipment which is used in India after certification from well-known third party global bodies.

In a letter to the Telecommunication Secretary and Chairperson of the T

Telecom Minister meets industry bigwigs; assures "corrective steps"

Communications Minister Manoj Sinha assured industry bigwigs Sunil Mittal and Anil Ambani as well as other teleco players that "corrective steps" will be taken to ensure growth of the debt-ridden sector, reported PTI.

"The report (of the inter-ministerial group) will come soon...Corrective steps will be taken by the government for ensuring orderly growth in this se

Assocham urges DoT not to make telecom devices testing a must

Industry lobby Assocham on Thursday said it has urged the Department of Telecommunication (DoT) to drop the proposal for mandatory testing of telecom equipment which are used in India after certification from well-known third party global bodies.

In a letter to the Secretary of Telecommunication and Telecom Commission Chairperson Aruna Sundarajan, the industry organisation said the mo

India to take corrective steps to ensure telecoms growth - statement

MUMBAI  -

 India's telecoms minister said on Thursday that the government would take corrective steps to ensure growth in the sector, the world's second-biggest by number of users, amid worries about financial stress.

Carriers in India's telecoms sector have been hurt by a price war eating into revenues and profit. High levels of debt i

Telecom companies meet minister on stressed health of industry

The much-awaited meeting between the government and the telecom companies to evolve a resolution to the stressed health of the sector was held here on Thursday afternoon

Representatives of telecom companies Bharti Airtel, Idea Cellular, Reliance Jio and Reliance Communications met Communications Minister Manoj Sinha and Telecom Secretary Aruna Sundararajan besides other government off

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Tata Communications Limited (TATACOMM)

TATACOMM has retraced marginally of late after retesting its record high and found support around 725 area. After hovering in a narrow range for two weeks, it’s now looks upbeat to resume uptrend.

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Nelco hits 52-week high on volume trade

Shares of Nelco continued gaining momentum on Wednesday and rallied nearly 14 per cent, hitting 52-week high, on the Bombay stock Exchange amid surge in volume trade.

According to data available with exchange, as much as 9.12 lakh shares have changed till now compared to two week average volume of 76,000.

Extending previous session rally, shares of the company gained as much

Nelco shares zoom 20% on strong volume

Shares of Nelco, a Tata Group company, rallied 20 per cent and locked in upper circuit on the Bombay stock Exchange amid spurt in volume trade. According to data available with exchange, as much as 5.77 lakh shares have changed till now compared to two week average volume of 19,000. Driven by heavy volume trade, shares of the company gained as much as 20 per cent to hit upper circuit of Rs 96.3

Tata Communications expands Cloud footprint in Europe, ME, Asia Pacific

Tata Communications, a leading provider of network, cloud and security services, on Monday launched three new private cloud nodes in Germany, United Arab Emirates (UAE) and Malaysia, for its IZO Private Cloud service to support enterprises’ hybrid cloud adoption while ensuring regulatory compliance.

The new private cloud nodes would enable CIOs to gain unprecedented control over

90% Jio users opted for Prime, 76% ready to continue: Report

According to a report by Bank of America Merill Lynch, around 90 per cent of Reliance Jio users are estimated to have subscribed to its promotional Prime membership plan, whereas 76 per cent are ready to continue using Jio's service once the promotional period ends.

"80 per cent of users have only one Jio SIM...90 per cent are Prime members, 84 per cent claim to have paid Jio

Improve interconnect rate and reduce spectrum usage charge: Telecom

Concern over low interconnection usage charges, high spectrum usage fee and doing away with Universal Service Obligation Fund were the main issues that telecom operators highlighted to the inter-ministerial group (IMG) on Friday.

"We have presented the current state of industry, which has reported a loss of H2 (second half of year) versus H1 (first half) of 10 per cent reven

'Structural issue in the telecom industry needs to be corrected'

With issues such as spectrum auction and double taxation facing it, the telecom industry is suffering from a "structural issue" which needs to be corrected by the government, Chief Executive Officer and Managing Director of Vodafone India Sunil Sood said here on Thursday.

"Our belief in COAI is that there is a structural issue in the industry which needs to be corr

Tejas Networks IPO subscribed 38% on Day 2

'The initial public offer (IPO) of Tejas Networks was subscribed 38 per cent on the second day of the three-day bidding yesterday, reported PTI. The IPO received bids for 65,56,935 shares against the total issue size of 1,71,12,005 shares, data available with the NSE showed. The portion reserved for qualified institutional buyers (QIBs) was subscribed 33 per cent, while subscription for non

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End-to-end portfolio of optical networking products

Tejas has an end-to-end portfolio of optical networking products for access, metro and long-haul networks and is well positioned to capitalize on the expected growth in optical capital expenditure by communication service providers in the private sector, government entities and PSUs. Tejas is the only

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Company Background

Tejas Networks Ltd is a Bangalore based company, incorporated in 2000, making optical and data networking products. It designs, develops and sells products to telecommunications service providers, internet service providers, utility companies, defense companies and government entities in India and over 60 countries. These products ar

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About the Company

Tejas Networks Ltd is a Bengaluru based optical and data networking products company with customers in over 60 countries. The company designs, develops and sells high-performance and cost-competitive products to telecommunications service providers, internet service providers, utility companies, defense companies and government entiti

India to have 1.4 bn mobile subscribers by 2022: Report

The overall mobile subscriber base in the country is likely to grow to 1.4 billion by 2022 and nearly one-third of them will be 4G users, says a report by Ericsson Mobility. India led the mobile subscribers growth globally with highest net addition of over 43 million customers in January- March 2017, it said. China followed India with net addition of over 24 million mobile subscribers during th

RCom up over 2% as Anil Ambani to take zero pay this fiscal

Shares of Reliance Communications rose over 2 per cent on the Bombay stock Exchange after its Chairman Anil Ambani said it will not take any salary this financial year as the company is passing through a tough phase. Cheering the news, shares of the company gained as much as 2.19 per cent to hit intra-day high of Rs 18.70 apiece on the Bombay Stock Exchange. The scrip was currently trading at R

Tejas Networks IPO subscribed 11% on Day 1

The initial public offer (IPO) of Tejas Networks was subscribed 11 per cent on the first day of the issue, reported PTI.. The IPO received bids for 18,03,065 shares against the total issue size of 1,71,12,005 shares, as per data available with the NSE. The portion reserved for qualified institutional buyers (QIBs) was subscribed 6 per cent, non-institutional investors 1 per cent and retail inve