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DoT Obliges Rs 2.5 Crore Fine On Tikona

The Department of Telecom (DoT) has issued a fine on Tikona Digital of Rs 2.5 Crore for delay in network launch in Rajasthan for wireless broadband service. This delay took place while clearing its spectrum contract with Bharti Airtel, which has acquired the firm. DoT has issued the fine employing its flexible powers according to the rules analogous to 3G networks. Tikona was capable to finish the rollout compulsions with

Mahindra Electric To Play Major Role In Electric Vehicles Drive Of SsangYong

Being a top company in electric cars in the nation, Mahindra & Mahindra has now aimed on electrification of most of the cars of SsangYong Motor, its South Korean arm. The data was given to the media by a top official of the company. The firm, which already trades electric cars such as e2o and e-Verito, is also operating to make electric 3-wheelers employing batteries made up from lithium ion.

Mahindra XUV Aero Electric SUV In Production In India

In the 2016 Indian Auto Expo, Mahindra introduced the concept model of its new SUV, Mahindra XUV Aero. Now the company has confirmed its production. At first, the company had planned to develop the vehicle with a turbocharged diesel engine, but now it is focusing on the electric powertrain. Mahindra XUV will be the flagship brand of Aero Electric Company. The performance figures of this vehicle are also fantastic. This

Direct Line Provides Tesla A 5% Incentive On Auto-Pilot

Direct Line, the largest motor insurer in Britain, is providing drivers of Tesla Inc. in Britain a discount of 5% for shifting on the autopilot system of the car. This move was done in order to encourage the use of a system that it expects will slash down on accidents. The decision, which was verified by the representatives of the company in response to media questions, is the only tie-up

Airtel Now Providing Extra Data Below Rs 549 And Rs 349 Plans

The telecom industry has turned out to be very competitive ever since the entrance of Reliance Jio. Different telecom providers have also began rolling out offers that provide ample amount of data and unlimited calls. Lately, Airtel rolled out two offers for Rs 549 and Rs 349, respectively. The firm has now refreshed both the offers and is offering extra data to the consumers. Below the plan of Rs 349,

Amazon Vs Flipkart Clash Reaches College Campuses

The clash between Flipkart and Amazon India has moved to several campuses, with untimely hiring trends signifying a head launch for the US Company. Amazon is powering in advance to become the leading e-commerce recruiter in India in terms of ingestion, salaries, diversity in roles accessible and even student notice, according to original placement information at most important business schools and engineering colleges—amongst the most vital talent-hunting fields for different

Older Telecom Companies To Challenge Cut In IUC

The move of TRAI, the telecom regulator, to slash IUC (interconnect usage charges) by more than 50% is anticipated to elevate troubles for older mobile firms, such as Vodafone, Bharti Airtel, and Idea Cellular, even as Reliance Jio will come up as the largest gainer. Jio receives from having a 4G-only (VoLTE) and modern Internet network. And a reduced IUC will indicate that it will have to give fewer charges

Alibaba and SoftBank-supported Paytm this week claimed that it has spent in CreditMate, the Mumbai-located lending startup. The fintech giant, on the other hand, did not reveal the amount of investment. CreditMate was established in 2016 by Ashish Doshi, Jonathan Bill, and Aditya Singh. The firm aims on protected lending in opposition to 2-wheelers. As a part of the agreement, Paytm will also use asset valuation technology and proprietary credit and loan management system of CreditMate. Paytm for its users is also making a loan management system. "We are continuously innovating to offer access to monetary services and lending particularly aimed at the huge majority of people in Indian who do not have authorization to such goods," Madhur Deora, the CFO and Senior Vice President of Paytm, claimed to the media in a statement. CreditMate is tackling the market for loans in opposition to 2-wheelers via their associate dealer network for users who may be new to credit, he claimed. "Eventually, we will utilize platforms from Credit mate to make credit accessible both online and offline to our consumers," he claimed. Being the CEO of CreditMate, Bill claimed that the investment will permit the firm to inflate its distribution, operations, technology, and lending partnerships. CreditMate charges the asset (two-wheeler) and customer utilizing valuation and proprietary credit engines. It operates with licensed lending associates for whom it offers online access and credit suggestions to an asset profile and total digital borrower to allow secured & fast lending. It has a dealer system of more than 150 all over Gujarat and Mumbai. Recently, the Alibaba-supported Paytm, which has been expanding up its business of online travel for the past 1 Year, was in active talks to purchase Via.com. The discussions of Paytm to purchase the online travel booking website is being discussed at an estimation of almost $50 Million to $75 Million, people aware of the topic claimed to the media. After having lifted new fund, Paytm has been sharing out cash backs to block market share from competitors such as MakeMyTrip and GoIbibo as well as Yatra.com in the space of online travel.

Alibaba and SoftBank-supported Paytm this week claimed that it has spent in CreditMate, the Mumbai-located lending startup. The fintech giant, on the other hand, did not reveal the amount of investment. CreditMate was established in 2016 by Ashish Doshi, Jonathan Bill, and Aditya Singh. The firm aims on protected lending in opposition to 2-wheelers. As a part of the agreement, Paytm will also use asset valuation technology and proprietary credit

No Question Of Fragmenting Talks On Auction Of Spectrum: TRAI

Regulator TRAI is solid on going forward with the discussion procedure, comprising open house meeting on auction of the spectrum efficiently turning down the demand of the industry for putting off the talk for the time being. Chairman of TRAI (Telecom Regulatory Authority of India), RS Sharma claimed to the media that the watchdog is duty-bound to answer to issues referred to it for recommendations by the government, in this

Ambani, Mittal, and Birla may share stage at Mobile Congress

Mukesh Ambani, Chairman of Reliance Jio, will share the stage with other czars of telecom sector such as Idea Cellular’s Kumar Mangalam Birla and Airtel’s Sunil Bharti Mittal this week at the India Mobile Congress. As per the website of the 3-day occasion, which begins from this week, Vittorio Colao, Chief of Vodafone, will be absent in person, but will connect with other leaders of telecom sector for the curtain