India Inc. - Page 1
Something for people who use a Visa or MasterCard Credit /Debit card to make online transactions in India.
Online transactions in India have always lagged behind those of other countries in terms of usage and demographic penetration because a lot of people are afraid that their credit card details will be misused if they divulge them online. The truth, of course, is that there is a greater chance of mischief occurring when you absent-mindedly hand over your card to the waiter in the restaurant than if it were used for an online transaction.
»
HTC Magic, a touchscreen mobile phone that runs on Google Android OS, is now available in India through Airtel. And it’s an unlocked phone so you can use the device on other GSM networks in India as well.
»
With the stock market revival, the primary market is also witness to the boom with the launch of much awaited IPO from a known stable after a long gap. Mahindra Holidays & Resorts have launched their IPO, open between June 23-26 to raise Rs 162-192 crore at a price band of Rs.275-325.
After the IPO, the stake of Mahindra & Mahindra in Mahindra Holidays & Resorts will fall from 93.6% to 83.1%. The company has total 27 resorts and is in process of building 4 more resorts.
»
The hugely successful Vodafone’s Zoozoo campaign have attracted scores of eyeballs and even forced competitors to take a look at this medium rather than signing multi-million stars.
Reliance Communications is among the first to embrace it by launching a series of advertisements which will have five animated characters (named ‘humanised network bars’) representing network bars on a mobile phone.
»
The hugely popular Amar Chitra Katha comics are now available for reading in digital format on your iPhone or iPod Touch.
»
Airways with a 25.3% market share has made a surprise move of launching an additional low cost carrier brand ‘Jet Airways Konnect’ to augment its existing LCC ‘JetLite’ bought from Sahara Airlines. The move has raised questions about the need for such a move and that too in down times.
As the fine print suggests that there the only difference between Konnect and JetLite shall be that in the former, one will have to buy meals on-board. The fare structure, routes and services would also be quite similar.
There has been no exact reason given for launch of Konnect but it may well turn out to be a smart move by Jet Airways.
»
On first look, these “zoozoos” in Vodafone TV ads for IPL may resemble animated cartoon characters with an alien look or simply a stupid egg-head character with disproportional white bodies and black dots for eyes and mouth.
These Zoozoo characters, in case you haven’t seen them yet, have been created by O&M for Vodafone to convey different value added services offered by the mobile phone company including phone Backup, cricket alerts, etc.
»
Unlike North America, iPhone in India has been a total failure because of the high price.
Now an analyst report has suggested that Apple could release a new low cost iPhone 3G model in countries like India and China that will run on the 3G network but won’t have support for Wi-Fi.
»
The much hyped rollout of the 1432 fuel pumps opened by Reliance Industries met with a premature ending owing to the rising crude prices and differentiated Government policies.
All of the pumps owned by Reliance and established with an investment of over Rs.5000 crore were closed in March, 2008 indefinitely.
However with drastic fall in crude prices, the company is thinking of reopening these pumps albeit in a joint venture partnership with state owned retailers like IOC, BPCL and HPCL.
»
India’s largest and world’s 3rd largest wireless telecom operator, Bharti Airtel is restructuring its telecom business into nine vertical businesses each under a separate head.
This is in departure to its existing structure where the businesses are under 3 heads – Wireless Mobile Services, Telemedia Services (DTH, Broadband, IPTV, Fixed Line) and Enterprise services (undersea cable, NLD/ILD).
»
