Reliance Industries’ Capital Commitment for Telecom Business Stands at Rs. 88,000 Crore

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Reliance Jio has so far deployed about Rs. 52,400 crore as of March 31 April 21, 2015 Reliance Industries (RIL) has so far committed Rs. 88,000 crore (USD14 billion) of capital to its telecom business, as per sources. This does not include the Rs. 10,077.53 crore the telecom subsidiary, Reliance......

Indian Railways as Cable and Internet Provider

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

RailTel would be eyeing mostly the non-metro areas not considered by many MSOs as profitable April 23, 2015 Indian Railways is set to become your neighborhood cable and broadband service provider. Its arm RailTel Corp would soon take the project nationwide, which till now was being tested in southern states.......

BSNL to Invest Rs. 7000 Crore

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

By the end of 2015, 2500 Wi-Fi spots to be set up April 3, 2015 BSNL has announced that they will invest Rs. 7000 crore to set up 3G and 4G Wi-Fi spots across every nook and corner in the country. While speaking at the TeleAnalysis event in New Delhi,......

Andhra Govt.’s Rs.22,600 Cr. Investment for Fortifying Energy Infrastructure

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

The investment is recognition of power’s key role in state gross domestic product April 20, 2015 The State Government has decided to make investment of Rs. 22,600 Crores in various sectors of Generation, Transmission, Distribution, Renewable Energy and Energy Conservation in the year 2015-16. They include Rs. 1500 crore for......

9000 Mile Long Undersea Cable Project Worth USD 250 Begins

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

The South East Asia-U.S. system, the undersea cable, will link five areas and territories April 14, 2015 The USD 250 million undersea fiber-optic cable project that will add capacity to the growing Internet traffic between Asia and the U.S. mainland — via Guam and Honolulu — has started, GTA Teleguam......

RailTel Plans Turnover Rs. 1,000 crore by 2017

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Railtel is set increase its optical fibre network by another 5,000 km to reach 50,000 km by March 2016 Apr 17, 2015 State-run telecom infrastructure firm RailTel is aiming to double its turnover to Rs 1,000 crore in course of the coming two years as it is expanding its presence......

Digital India Gets 20K Villages Broadband Connected

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

NOFN to be renamed as BharatNet April 3, 2015 The committee which was set up by PM Modi to oversee and examine the Digital India vision has reported that as of now, 20,000 villages have been connected via broadband under National Optical Fibre Network (NOFN) plan. At the same time,......

PGCIL Readies Six New Investment Plans Worth Rs. 5,500 Cr.

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

The decision comes after almost 2 years of fresh investments draught April 22, 2015 State-run Power Grid Corp. of India Ltd has approved six new investment plans worth Rs.5,500 crore. In a meeting held on 17 April, the board of directors gave investment approvals to two projects involving implementation of......

Power Grid Nods Rs. 1,481 Cr. Investment in 5 Projects

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Also approved establishment of Fiber Optic Communication System in Northern Region March 05, 2015 Central transmission utility Power Grid Corporation said its board has approved total investment of Rs. 1,481 crore in its various projects to be commissioned in the next 2-3 years. The Board of Directors of the company......

The Growth of Electrical & Electronic Industry at 11.47 Percent in Q3FY14: IEEMA

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Cable, low voltage and high voltage switchgears were the major drivers of the sector March 18, 2015 The electrical and industrial electronics industry witnessed a growth of 11.47 per cent during October-December 2014 although the sector continued to be plagued by high imports, according to industry body IEEMA. “Although high......