Abbott India has announced its share buyback plans. The company deals in drugs & pharmaceuticals products. It is a part of the global diversified healthcare company Abbott. According to its plans the company will buyback shares worth up to Rs 50.24 crore. It will buy the shares from its shareholders at a price of Rs […]
Ahead of Launch, Reliance Jio Plans on Merging with 2 of its Subsidiaries
With an aim to bring all its telecom related operations under a single entity before the launch of its 4G services next year, Reliance JioInfocomm Limited is merging its two subsidiaries with itself. Infotel Telecom Limited, one of the two merging subsidiaries is the one that owns the long-distance telephony licenses while the other, Rancore […]
Govt okays MVNO services
If not 3G (third generation) telecom service during the current UPA regime, the government has ensured that at least mobile virtual network operation (MVNO) comes into India soon. Six months after the Telecom Regulatory Authority of India (Trai) recommended introduction of MVNO service, the government has accepted it. The Department of Telecommunications (DoT) will now […]