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Quikr to launch in 30 cities in next 3 months
Online classifieds Web site Quikr is expanding its base to new cities in India. Currently present in over 40 cities, Quikr plans to launch in 30 more shortly. “We are at a very exciting stage at this point. In the next two to three months, we plan to launch in 30 cities,” said Mr Jiby Thomas, [...]
Continue reading...Cabinet clears 2G querie
10. May 2012
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The cabinet has agreed to seek a Presidential reference on the Supreme Court’s order on February 2 cancelling 122 mobile permits issued in 2008.The apex court, while quashing all mobile licences issued by former telecom minister A. Raja, had directed the government to redistribute these permits and airwaves through an auction process. The newly drafted [...]
Continue reading...Wipro to buy Australian firm Promax
10. May 2012
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Wipro Ltd said it will acquire Promax Applications Group (PAG), an Australian-based company for $36.51 million (AUD 35 Million). Promax has products in business analytics segment and currently caters to the food and beverages and wine and beer sector. The company has 71 employees and 45 clients. The majority of its customers are based in [...]
Continue reading...Trai issues guidelines for mobile banking
10. May 2012
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In order to ensure faster and reliable communication for enabling bankingthrough mobile phones, the Telecom Regulatory Authority of India (Trai) issued the new regulations for mobile banking. The new guidelines stipulate that the access service providers need to facilitate the banks to use text messages, unstructured supplementary services sata (USSD) and interactive voice response (IVR) to [...]
Continue reading...Supreme Court agrees to hear 2G review plea
10. May 2012
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The Supreme Court has admitted the government’s plea seeking review of its February 2 judgement on 2G licences, offering a ray of hope that it could reconsider the part of the ruling that mandates the sale of all natural resources to private companies only through auctions. A bench comprising Justices GS Singhvi and KS Radhakrishnan, however, [...]
Continue reading...Unified Licence for all services to be priced at 15 cr
10. May 2012
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The telecom regulator recommended that government allow allcommunication services under one licence with an entry fee of 15 crore compared to 1,658 crore at present. But these pan-India mobile permits will not come bundled with spectrum or airwaves, and companies that obtain them must buy radio frequencies by participating in auctions. Currently, a pan-India permit [...]
Continue reading...Trai issues guidelines for mobile banking
10. May 2012
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In order to ensure faster and reliable communication for enabling banking through mobile phones, the Telecom Regulatory Authority of India (Trai) issued the new regulations for mobile banking. The new guidelines stipulate that the access service providers need to facilitate the banks to use text messages, unstructured supplementary services sata (USSD) and interactive voice response (IVR) [...]
Continue reading...Aakash gets Rs 765 crore in Budget 2012
10. April 2012
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The world’s cheapest tablet project has been allocated about Rs 765 crore in Budget 2012-13, which is likely to trigger the second phase of the project expected to begin in April, even as the first phase is stuck in a deadlock. The allocation for Aakash has been made under the National Mission for Education through [...]
Continue reading...Trai may rule out need for exit policy
10. April 2012
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India’s telecom regulator is likely to recommend to the government that there is no need for an exit policy in the telecom sector for operators who want to get out of the business. “Based on the comments received from stakeholders and keeping in view the Hon’ble Supreme Court Judgement of 2nd February 2012.., the authority proposes [...]
Continue reading...YouTube page to offer 19, 000 episodes of Indian TV
10. April 2012
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Google’s YouTube has initiated to revamp its Shows page atyoutube.com/shows to enable the television viewers follow their favorite television shows and follow new ones. Over the last few years, major Indian broadcasters such as Sony Entertainment Television, Colors, ImagineTV, Star India, and VikatanTV have been bringing their shows to YouTube so that the viewers can [...]
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10. May 2012
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