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Thursday, March 23, 2017
Idea approves merger with Vodafone India, to create India's largest telco

Idea approves merger with Vodafone India, to create India's largest telco

Kumar Mangalam Birla owned Idea CellularBSE -4.73 % said its Board has approved of a merger with Vodafone India and its wholly owned subsidiary Vodafone India Mobile Services, which will create India's largest mobile phone company. Vodafone India's business barring its investments in Indus Towers will vest in the new entity, which will be renamed at a later stage, said a statement by......more
Today’s headlines
Enterprise
Smart Energy: Oracle
Customers everywhere are looking for products / solutions tailored uniquely for their needs and wants. Customers are looking for instant and digital gratification. Organisations irrespective of their industry find it challenging to shift their strategies to..... more
Vodafone India signs pact with Amazon Prime
Vodafone India has partnered with Amazon Prime Video to allow customers better access to entertainment and digital video services for discounted prices. The services for the same will start from 22nd March.After subscribing to Amazon Prime via....more
Handset
iPhone SE at Rs. 19,999: What You Need to Know About the Cash Back Offer
Apple authorised offline retailers are selling the 4-inch iPhone SE at an effective price of Rs. 19,999 for the 16GB model, with the 64GB variant available at a net price of Rs. 25,999. These prices are part of an ongoing offer where customers are being....more
Policy & Regulation
E-commerce firms to pay up to 1% TCS under GST
E-commerce firms like Snapdeal and Amazon will have to mandatorily deduct up to 1 per cent TCSBSE -0.31 % (Tax Collected at Source) while making payments to their suppliers under the GST regime which is expected to kick in from July 1... more
Reports
Additional 4.7 million skilled workers needed in telecom sector by FY22
In the next five years, the Indian telecom sector manpower is set to more than, creating additional requirement of 4.78 million skilled workers by 2021-22, Parliament was informed today. "As per the telecom Sector Skill Plan of the Department (DoT)..... more
Telecom
BSNL, MTNL merger to help both firms: BSNL CMD Anupam Shrivastava
Amid renewed push for BSNL-MTNL merger, BSNL CMD Anupam Shrivastava has said the combination will be "advantageous" for both the state-owned telecom firms but issues pertaining to debt and salary structure will need to be sorted out first.... more
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