Dec 29, 2017 - Xiaomi most preferred smartphone brand by Indian buyers, finds Digit's Great Indian Mobile Survey

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
For the first time in the history of independent India, the Railways did not have a separate budget presentation in parliament in 2017. The Rail budget that was a common feature prior to the Union Budget has now been merged with the General Budget. The year 2017 also saw Ministry of Railways under the former union minister Suresh Prabhu create a Vision Document for 2017-19 to bring major reforms in Railway infrastructure, financing of projects, improvement in efficiency of rail networks and overhauling of the organisational set-up. As per the five point formula, Railways will increase throughput on the existing network, build more terminal infrastructure, create innovative fund-raising and sourcing options, and accelerate infrastructure build-out along with build out of a high-speed network. More here

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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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