Reliance Communications – Trust BSEIndia or the Press ?
Reliance Communications Limited announced its results for the second quarter ended Sept-2006. As reported by the press, it had income of Rs3526 crores and a net profit of 702 crores. However, the Bombay Stock exchange website lists income of Rs2838.6 crores and a net profit of Rs496.52 crores. So who isContinue Reading
First Dot Com IPO in India
The first Dot Com IPO in India is open for subscription. Info Edge India Limited promoters of leading job portal Naukri.Com is the first Internet company to go for an IPO in India. Info Edge basically derives upto 90% of their income from Naukri and other job classifieds. Unfortunately, they don’t holdContinue Reading
BSNL’s Resource Tracking, Mobile Advertisement Services go Live
Just a fortnight ago, I had written about BSNL’s Value Added Services – Resource Tracking, Mobile Advertisements and Chatting which were still in their test labs then. All the services are all live now according to a press release by BSNL and will be free for BSNL Cellone user until Dec-31st-2006. I am not sureContinue Reading
Connaught Place to be wi-fied
After the Karnataka State administration unveiling WiMax on trial basis in Bangalore, the Delhi State government just a while ago announced its plans to wi-fi Connaught Place. Yogesh Khanduja, Systems Analyst of the Department of Information Technology said, This is a pilot project and we will start a survey toContinue Reading
iPod and Zune battle for Wi-Fi. Indians hunt for Triple function Mobiles
Apple and Motorola thought of launching the iPod phone, but from this BusinessWeek article, it looks like the Cellular network lobby was against it. Clever strategists at Microsoft took a different route to connect Zune owners to Market Place, the Internet, which prompted Apple to retaliate with a wi-fi enabled iPod. Microsoft’s rollContinue Reading
Bharti Airtel’s Q2 revenue just short of $1 Billion
Bharti Airtel Limited, announced its quarterly results for the quarter ending Sept-30-2006. Its Q2 revenue fell just short of $1Billion at $968 Million. It now has 21.4% of India’s Mobile Subscriber Market share with ARPU of Rs 438 down from Rs 441 in Q1. However, it has added record number ofContinue Reading
Yaari.Com – Yet another network to socialize
Yaari.Com is a social networking web start-up founded by Prerna Gupta and Parag Chordia. Prerna and Parag are both Stanford Alumunus and have an excellent background to run Yaari. That’s not it, Stanford grads receive the entrepreneurship grooming which is why you see their engineers building worldclass companies like Cisco and Google. Here isContinue Reading
Mobile – Value Added Services Market in India
In order to boost bottomlines, Cellcos in India are concentrating on Value Added Services by tying up with ISVs. SMS is already a big hit in India and consumers are using them to get stock/sports update to book their weekend movie tickets and much more. Mobile service providers are just aContinue Reading
RBI’s Indian M-Commerce Dreams.
RBI governor Dr. Y V Reddy is keen to get M-Commerce rolling in India. The Institute for Development and Research in Banking Technology (IDRBT) is currently testing banking transactions by means of Mobile phones. However, Dr. Reddy is well aware that it needs to be a full proof system withoutContinue Reading