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Stung by falling revenues, RCom is taking value-added services to the rural areas
Reliance Communications Ltd (RCom) is targeting rural markets to boost its subscriber base and revenues which are falling in the urban areas. The telecom services provider has come up with three new initiatives in high-speed Internet, value-added services (VAS) and machine-to-machine (M2M) applications. All...
Faced with tough competition from small-capacity goods carriers, Bajaj is reviving its focus on three-wheelers
Bajaj Auto Ltd, India’s second-largest two-wheeler maker, is trying to ginger up its once powerful three-wheeler business. This is its second attempt to return to its roots. After exiting the 100cc motorcycle segment two years ago, the company recently announced its re-entry into...
Ambitious media companies continue to face tough times compounded by top-level departures. Media and entertainment company, Percept Picture Co (PPC), has suffered another blow following the debacle of its movies like Jumbo and 8x10 Tasveer. According to sources, PPC's chief executive, Navin Shah, and chief operating officer, Manish Mathur, have put in their papers. While Mr Shah...