Vodafone Group infuses Rs 47,700 crore in India unit

New Delhi, Sep 22 : Just a few days ahead of the biggest-ever telecom spectrum auction, Vodafone India on Thursday announced that it has received an equity infusion of Rs 47,700 crore from Vodafone Group in the first half of the current fiscal.Chairman,
“This equity infusion of Rs…

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Little movement in new interconnection points from Airtel, Vodafone, Idea: Jio

Mumbai, Sep 20 : Reliance Jio fired another statement on Tuesday saying its subscribers were facing 10 crore call failures each day while connecting with the networks of Airtel, Vodafone and Idea, who have hardly augmented interconnection capacity as agreed.
There have been media statements by some of incumbents about positive…

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Tata-Lockheed Martin Joint Venture Delivers 50th C-130J Super Hercules Empennage

HYDERABAD,  Sep 19 : The 50th C-130J Super Hercules empennage assembly was delivered by Tata Lockheed Martin Aerostructures Limited (TLMAL) on Sept. 16. TLMAL is a joint venture between Tata Advanced Systems Limited (TASL) and Lockheed Martin Aeroframe Corporation located in Hyedrabad.

TLMAL was established in 2010, with production of…

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Anand Chandrasekaran hired to help Facebook Messenger grow

San Francisco, Sep 20 : Signalling how important India is for its growth, Facebook has hired Anand Chandrasekaran, a former Yahoo executive who was working as chief product officer at e-tailer Snapdeal, to boost future prospects for its Messenger app.
Based out of Facebook’s Silicon Valley headquarters, Chandrasekaran will…

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Jio says Airtel gesture welcome, but won't address call drops (Second Lead)

Mumbai, Sep 18 : Reliance Jio on Sunday welcomed Bharti Airtel’s decision to provide better interconnection for its calls. But it also said the number of such points proposed remained substantially less than actual requirement — and these won’t be able to address the issue of large-scale call drops…

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