Amrit Raj

Rahul Bajaj: Pioneer who charted his own path

Bajaj’s iconic reign at Bajaj Auto began amid tumult when Piaggio refused to renew a licence to manufacture its scooters in India.

Tata Sons may use ₹12,603 crore TCS windfall to cut debt

The Mumbai-based conglomerate is expected to get at least ₹11,502 crore from the 54.7 million shares of TCS that it plans to tender in the share buyback.

Paytm payments bank stops enrolling new users after RBI concerns

Paytm stopped enrolling new customers on June 20 following an audit by the Reserve Bank of India, which made certain observations about the process the company follows in acquiring new customers and its adherence to know-your-customer (KYC) norms, sources said.

Ranjan Pai tops list of India’s star entrepreneurs after Fortis-Manipal deal

Ranjan Pai built Manipal Education and Medical Group after a bitter family feud, and now, after the Fortis-Manipal deal, his firm is the largest hospital chain in the country.

Hiranandani family to invest Rs 3,500 crore in oil and gas projects

H-Energy, led by Darshan Hiranandani, is building LNG terminals in Maharashtra and West Bengal, part of a diversification plan of the Hiranandani Group

ACC, Ambuja Cements put merger on hold over mines hurdle

ACC and Ambuja Cements said merger is on hold due to constraints related to transfer of mines.

Stricter norms in wake of PNB fraud may dry up funding for jewellery industry

The gems and jewellery industry contributes 6-7% of the GDP of the country, besides being an important foreign exchange earner.

Under-19 World Cup win is a reflection of taking cricket to remote areas: Sachin Tendulkar

Prithvi Shaw-led India became the first side to win four titles at the ICC Under-19 Cricket World Cup. The Indian team had stars from Jharkhand, Bengal and even Rajasthan

Reliance Communications: End of an era, and the beginning of another?

The big question is how Reliance Group, previously known as the Anil Dhirubhai Ambani Group, will look now as it exits from its flagship telecom business

Reliance Jio emerges as highest bidder for RCom assets

The Mukesh-Ambani led firm reportedly has its eye on RCom’s fibre assets, spectrum and tower infrastructure.

HTLS 2017: Mukesh Ambani to look at agriculture, education, healthcare after Reliance Jio success

On Day 2 of HT Leadership Summit, Reliance Industries chairman Mukesh Ambani said Jio is on course to turn profitable.

BS VI fuels deadline for Delhi advanced to April as air pollution chokes city

The use of BS VI fuels in Delhi will come into effect two years ahead of schedule, officials said, even as air pollution crippled the national capital.

Ola, Microsoft join hands to build new connected car platform for auto firms

Microsoft will be a preferred cloud services provider to Ola and the Indian taxi start-up will use Microsoft Azure for Ola Play as part of the partnership.

Bharti Airtel to acquire Tata’s consumer mobile business

India’s top telecommunications carrier Bharti Airtel will acquire the consumer mobile business of Tata Teleservices and Tata Teleservices.

Trai cuts cross-network connection charge, calls could get cheaper

Analysts had estimated earlier that a reduction in IUC from 14 paise to 6 paise would mean a gain of around Rs 3,800 crore for Reliance Jio and a corresponding loss for older telcos.

Work on $16.5bn Carmichael coal plant in Australia to begin in Oct: Adani

Adani group chairman Gautam Adani said the first coal will come out in March 2020.

Airtel, Vodafone, Idea continue to generate maximum revenues for govt despite Jio entry

Reliance Jio paid Rs 47.81 crore to the government as licence fee and spectrum usage charge in the six months ended June compared to Rs 2,902.75 crore paid by Bharti Airtel Ltd; Rs 2,005.25 crore by Vodafone India Ltd; and Rs 1,677.67 crore by Idea Cellular Ltd.

Airtel to launch 4G network to counter Reliance Jio

Apart from launching VoLTE service by March 2018, Airtel says will partner phone makers for 4G feature phones, less than a week after Reliance Jio unveiled the JioPhone.

Jio’s 4G handset will force rivals combine to revisit their

Indian telcos have traditionally steered clear of bundling phones and (tariff) plans, but these companies may now consider doing this, even making their own phones, the analysts add.

The big question: Will Reliance JioPhone clash with net neutrality?

There isn’t much clarity about the nature of Reliance JioPhone in the context of whether it will limit its users to download applications from its store or allow them to use outside applications.

Is the govt finally taking note of Reliance Jio’s impact on telecom industry?

Reliance Jio initially offered free voice calls and data until the year-end in a promotional offer, and later extended them to March 31.

BS-III vehicles ban: Automakers scramble to clear inventory before April 1

Supreme Court has banned sale of vehicles not compliant with Bharat Stage IV emission standards from 1 April, leaving just three days to dispose BS III vehicles.

Airtel looks to lure Vodafone, Idea users with new schemes, tariff plans

The merged entity will exceed the 50% subscriber and revenue market limit in at least six licence areas and will have to cede share to rivals such as Bharti Airtel to secure regulatory approval.

Maruti Suzuki spends Rs2,000 crore in image makeover bid

Maruti Suzuki’s dealers too are spending around Rs900 crore to build premium showrooms and stockyards. It’s all part of a makeover Maruti is attempting to shed the dad’s car image it has come to acquire over the years since its inception in 1984. A key element of the makeover is Nexa—the new premium sales outlet network on which Maruti and its dealers have invested Rs2,000 crore in the past year.

Uber plans mini-van and bus ride shares

Uber wants to expand ride-hailing services with bus, mini-vans now

Uber Technologies Inc. wants to launch ride-hailing services for buses and mini-vans under a new service named Uber Everything, as it continues to step on the pedal in India.

Call blocks: Telcos may be fined up to Rs 50 crore

Bharti Airtel, Idea Cellular and Vodafone India run the risk of having to pay penalties, besides facing cancellation of their licences, if the telecom regulator finds that they are deliberately blocking calls from other networks, including Reliance Jio.

After 2013, Apollo Tyres’ Neeraj Kanwar eyes US market again

Trai, PMO dragged into RelJio vs Rest tussle

Reliance Jio on Monday threatened to take legal recourse against telecom lobby group Cellular Operators Association of India (COAI) dragging an already ugly battle between the two to a new low.

Trai, PMO dragged into RelJio vs rest tussle