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Beryl Menezes

  • Tech Mahindra Q4 net drops 3.6% on wage hikes

    Tech Mahindra, India's fifth-largest IT services company, reported a 3.6% fall in net profit in the fourth quarter ended March 31 at Rs 614.2 crore as against Rs 637.7 crore posted in the third quarter. Operating profit declined 5.7% quarter on quarter to Rs 1,071.8 crore, as compared with Rs 1,136...

    Thursday, 15 May 2014 - 7:00am
  • Reliance Communications aims to double enterprise revenues this fiscal

    Reliance Communications, India's fourth largest telecom carrier, has launched four new managed services and customised solutions offerings for its enterprise customers as it looks to grab a bigger pie of the $4 billion market. These new solutions include Insta Call and Auto, which automates and...

    Tuesday, 13 May 2014 - 7:35am
  • 3G SIMs to grow to 400 million by 2020 from 70 million: Ericsson

    Ericsson is looking to start offering two new network solutions for 3G and 4G to Indian telcos by the second half of this year

    Friday, 9 May 2014 - 6:40am
  • Cognizant's revenues rise 20% in January-March quarter

    The quarterly revenue growth is marginally lower than the 20.9% growth in the last quarter, on account of slowdown in US geography and BFSI, healthcare verticals. However, Cognizant expects a better Q2 with FY14 guidance of 16.5%

    Thursday, 8 May 2014 - 7:10am
  • Microsoft targets 25 million new Indian users by 2015

    Windows Phone's partnerships with Micromax, Lava, Karbonn expected from June; tie-ups with Indian telcos by second-half of 2014

    Wednesday, 7 May 2014 - 6:30am
  • Reliance Communications to refocus on CDMA, hikes investment to Rs 2,000 cr

    Reliance Communications (RCom), India's fourth-largest telco, is focused on rejuvenating its CDMA business, which has seen headwinds in the last few quarters. As per Vinod Sawhney, new CEO, wireless business of RCom, "Three key steps we have taken to boost CDMA growth are introduction of GSM+CDMA...

    Tuesday, 6 May 2014 - 7:05am
  • Acer India eyes Rs 500 crore revenue from government biz this quarter

    Commercial segment now makes up 60% of revenues – with government business slated to contribute to 47% of that in this quarter

    Monday, 5 May 2014 - 9:40am
  • Broadband tariffs to rise as TRAI proposes higher revenue share

    Broadband customers may soon have to pay close to 6% higher tariffs for basic services, if a new proposal by Telecom Regulatory Authority of India (TRAI) is accepted. TRAI has recommended that a flat 8% adjusted gross revenue (AGR) charge should be levied on all internet service providers (ISPs),...

    Friday, 2 May 2014 - 8:45am
  • TDSAT clears 3G ICR road-block; quashes penalties on Bharti Airtel, Vodafone

    COAI expects 3G subscriber growth to rise 20% monthly as a result

    Wednesday, 30 April 2014 - 10:15am
  • Data, voice boost Idea's Q4 net as profit zooms 91%

    Idea Cellular, India's third largest telco, kick-started the fourth quarter earnings on an upbeat note, as it reported a 91% jump in net profit at Rs 589 crore in the January-March quarter compared with Rs 308 crore in the corresponding quarter last year, on the back of higher data and voice...

    Tuesday, 29 April 2014 - 9:35am