Popular Articles

Reliance Brands ties up with Timberland
Reliance Brands, a part of Reliance Retail, today said it has joined hands with US-based Timberland to distribute the latter"s footwear and apparel in the country.

IOC to increase R&D spend to Rs 200 cr
Public sector oil major Indian Oil Corporation (IOC) will double its spend on research and development (R&D) to Rs 200 crore from the next financial year to help the company explore new opportunities and technologies.

News of the day

Defiance Tech foraying into manufacturing and enterprise areas
Engineering services provider Defiance Tech, part of the multi-billion dollar Hinduja Group, today announced expanding its services to the areas of manufacturing and enterprise solutions, eyeing the markets of India, US, Europe and Middle-East nations.
Corporate

Tata Tele top grosser of mobile users in Oct

Cellular service provider Tata Teleservices today said it has become the top grosser of subscribers for the third consecutive month, with over 3.8 million new mobile users in October. - Tata Tele recasts short-term debt into long-term debt - PowerGrid gives telecom network to BSNL on rent - RCom launches mVDO for mobile users - SC notice to Trai, RCom, Tata Tele, Vodafone others - Tata Tele partners Corp Bank, PayMate for m-Commerce - Tata Tele to raise $250 mn to fund expansion Tata Teleservices (TTSL), which is credited for starting per second billing for subscribers, has added 3.8 million users in October from its CDMA (Tata Indicom) and GSM operations (TATA DOCOMO) put together. With the latest addition, it has crossed the 50-million subscriber milestone in October. In September 2009, TTSL added 4 million subscribers while in August TTSL led the market by adding over 3.4 million new users. "October is the third consecutive month that we have achieved the highest number of net subscriber additions.This has far exceeded our expectations," TTSL Managing Director Anil Sardana said. After the announcement of per-second billing scheme by Tata, many companies such as Airtel, Vodafone, MTS, Idea had started such schemes for their users. However, Sardan said "None of them have picked up the pay per use paradigm in its entirety, which is a pity because the Indian telecom subscriber is being deprived of full value for his or her money.


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