Dubai: The growing number of suicides on metro tracks in India could be avoided if a new advanced technology and communications system, which provides for driverless trains and quick response to prevent such accidents, is put in place. Thales Group, which has an impeccable track record in Dubai and other cities - where it provides supervision, communications, and security and fare collection facilities, has offered India its advanced Communications-based train...
01:19 PM, May 27, 2012
London: Vodafone on Monday agreed to buy corporate telecoms company Cable & Wireless Worldwide for 1.04 billion pounds ($1.68 billion) in a deal that adds a British fixed line network to its wireless network. Vittorio Colao, chief executive of Vodafone, said, "The acquisition of Cable & Wireless Worldwide creates a leading integrated player in the enterprise segment of the UK communications market and brings attractive cost savings to our UK...
12:28 PM, Apr 23, 2012
New Delhi: Tata Communications on Wednesday said that it would not make any offer to acquire Cable & Wireless Worldwide as it had failed to reach agreement with the British firm. "TCL was evaluating a possible cash offer for Cable & Wireless Worldwide Plc (CWW). TCL today confirms that it has been unable to reach agreement with CWW on an offer price and therefore confirms that it does not intend...
11:07 PM, Apr 18, 2012
Star Group, a unit of Rupert Murdoch's News Corp (NWSA.O), has ended its brand association with its Indian television news channel joint venture partner, the company said, blaming the split on regulatory headaches. "Given the current regulatory environment and structural issues ailing the Indian cable and satellite television market and the news genre in particular, Star took this extremely difficult decision to withdraw its brand from the genre," Star India...
10:51 AM, Apr 17, 2012
New Delhi: The government, one of the promoters of Tata Communications, has approved the company's move to bid for UK telecom firm Cable & Wireless Worldwide. "Government has given the nod for Tata Communications to go ahead with the deal," sources at Department of Telecommunications said. The Indian government held 26.12 per cent stake in Tata Communications at the end of 2011 December quarter, according to data on the BSE....
11:48 PM, Mar 29, 2012
New Delhi: Cellphones do not cause any problem with aircrafts' communication or navigation system, a top executive of Cell Antenna - a company that provides cell phone signal enhancement services, has said. Comments of Howard Melamed, the chief executive officer of Cell Antenna, is in contrast to the long held belief that use of cell phones during take off or touch down of aircraft's as mobiles can disturb aircraft's navigational...
12:51 PM, Mar 22, 2012
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04:03 AM, Mar 20, 2012
New Delhi: Telecom services provider Reliance Communications (RCom), in a consortium led by IT firm HCL Infosystems, is believed to have bagged the Rs 300 crore contract for government's national identity card programme, Aadhaar. According to sources, Anil Ambani-led RCom will provide network and telecom support for Aadhar as part of a consortium led by HCL Infosystems. The value of the contract carried out by RCom is expected to be...
06:50 PM, Mar 05, 2012
Mumbai: Shares of Tata Communications on Thursday rose by 1.22 per cent on reports that the Indian company is considering a bid for London-listed telecommunication giant Cable & Wireless Worldwide Plc (CWW). Bucking an overall weak market trend here, Tata Comm shares closed at Rs 235.60 apiece on the BSE, a gain of 1.22 per cent. During the intra-day trade, stock accelerated by 5.34 per cent to touch a high...
10:18 PM, Mar 01, 2012
New Delhi: Tata Communications on Thursday said it is considering an acquisition bid for London-listed telecommunication giant Cable & Wireless Worldwide Plc (CWW). Vodafone Group Plc too is believed to be looking at bidding for the fibre-network operator. "... as part of on-going review of potential acquisition opportunities, TCL is evaluating a possible cash offer for CWW," Tata Communication Ltd (TCL) said in a regulatory filing. TCL said "considerations are...
10:09 PM, Mar 01, 2012
The court hearings had gone on through all of August. On September 8, 2010, the Bombay High Court was packed to the rafters with newspaper reporters of all hues. There was a battery of lawyers representing the Government of India and telecom giant Vodafone. There were two judges who had been hearing the famous Vodafone tax case: DY Chandrachud and JP Devadhar. Though Devadhar was in Nagpur that day, he...
01:18 PM, Feb 07, 2012
New Delhi: Seeking clarity on pricing of spectrum and allocation, CEOs of five top telecom operators including Bharti Airtel, Reliance Communications and Idea Cellular will be meeting Telecom Minister Kapil Sibal on Tuesday. The high level government-industry interaction would take place for the second time within less than two months. The industry leaders, including Sunil Bharti Mittal, Anil Ambani and Kumar Mangalam Birla had met Prime Minister Manmohan Singh on...
08:17 AM, Jan 24, 2012
New Delhi: Seeking clarity on pricing of spectrum and allocation, CEOs of five top telecom operators including Bharti Airtel, Reliance Communications and Idea Cellular will be meeting Telecom Minister Kapil Sibal on Tuesday. The high level government-industry interaction would take place for the second time within less than two months. The industry leaders, including Sunil Bharti Mittal, Anil Ambani and Kumar Mangalam Birla had met Prime Minister Manmohan Singh on...
08:04 PM, Jan 23, 2012
New Delhi: Indian billionaire Anil Ambani's Reliance Communications is looking to raise up to $1.5 billion in a Singapore listing of its undersea cable unit, two sources said, though poor risk appetite globally and the company's unsuccessful deal-making history pose challenges. Reliance Communications, India's second-largest mobile firm by users, has long been trying to raise funds by selling assets to cut its debt load - $6.5 billion as of September...
03:01 AM, Jan 19, 2012
New Delhi: Chinese state banks have agreed to lend $1.18 billion to Indian billionaire Anil Ambani's debt-laden mobile carrier Reliance Communications to repay overseas convertible bonds due for redemption on March 1. India's No 2 mobile operator by subscribers had $6.5 billion in debt as of end-September and ferocious competition has seen it post nine straight quarters of declining profits. It has struggled to unload its telecoms tower business, which...
12:30 AM, Jan 18, 2012
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
