Dec 20, 2017 - CAG Finds 5 Telecom Firms Including Reliance Jio, Videocon, Tata Tele, Telenor Understated Revenue By Rs 14800 Cr

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Getting rich can be the biggest impediment to staying rich. It goes like this. The more successful you are at something, the more convinced you become that you're doing it right. The more convinced you are that you're doing it right, the less open you are to change. The less open you are to change, the more likely you are to tripping in a world that changes all the time. There are a million ways to get rich. But there's only one way to stay rich: Humility, often to the point of paranoia. The irony is that few things squash humility like getting rich in the first place. It's why the composition of Dow Jones companies changes so much over time, and why the Forbes list of billionaires has 60% turnover per decade. More here

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The curious TRAI take on privacy as India awaits Justice Srikrishna committee recommendations

Several of TRAI’s consultations have shifted away in their subject matter from the domain of telecom to the internet.



Today's TradeBriefs Cartoon

Samsung breathes down Xiaomi's neck in smartphone race for April-June: Canalys

Samsung had a 30.2% market share, while Xiaomi had a 30.4% share in India's smartphone market in the quarter, according to data released by Canalys.

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Bharti Airtel dials Warburg Pincus to raise up to $1.5 billion

This will be followed by a listing that will help the company repay some of its debt and fend off competition in the Indian market.

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Mukesh Ambani's Jio Institute business plan: Rs 100 crore from 1000 students in first year

A whopping amount of Rs 9,500 crore has been reserved by the Reliance Foundation for Jio Institute that will be set up across 800 acres in Karjat near Navi Mumbai.

Europe updates its predatory pricing investigation against Qualcomm over UMTS baseband chips

On the heels of Google getting served a $5 billion fine by the EU over monopolistic practices related to its Android operating system, the European Commission today resurfaced another ongoing case in the world of large U.S. tech companies. The EC said that it has added to its investigation into Qua…

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Srikrishna panel upset at timing of Trai suggestions

The committee fears Trai's move will delay submission of its own report due later this month.

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Samsung and Xiaomi had record smartphone shipments in India

India has quickly become ground zero for the smartphone wars. Last year, the country surpassed the U.S. to become the world’s No. 2 smartphone market, and manufacturers are falling over themselves to plant a flag. Samsung and Xiaomi have been the two biggest winners in recent quarters, battling it …

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Reliance Industries plans to borrow $6 billion in consumer push

The billionaire Mukesh Ambani-led company will raise funds through loans and bonds.

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Vodafone contests government's Rs 3900 cr demand ahead of Idea merger

"Vodafone has objected to the payment demand raised by the telecom department as part of charges towards realising market price for the non-auctioned ..

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Broadband group seeks airwaves in 700 Mhz, 850 Mhz bands for 5G coverage

Airwaves in the 700 Mhz band that can be used for launching both 4G and 5G services, is considered to be a premium range with better proliferation cha..

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MediaTek and Qualcomm say helping Indian smartphone brands to make a comeback

MediaTek and Qualcomm said that they are working closely with Indian handset makers to help them make a comeback in the market where they have lost si..

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Reliance Jio vs Airtel: Ambani, Mittal to raise funds from overseas for battle in India

This development comes about a month after Jio tapped the Korean credit market to raise $1 billion from Korea Trade Insurance Corporation.

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Reliance Jio provided great learnings for us: Cisco India president Garde

India Business News: Cisco is reimagining the network for a multi-cloud world, unlocking the power of data and ensuring comprehensive security.

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