Industry
Saudi Aramco plans unit in India, to open office soon: report
05 Oct 2017
This is part of Saudi Aramco’s strategy of overseas expansion by investing in refineries in major markets to lock in customers as supplies from US start undemining Opec
Petrol, diesel to cost less as centre cuts excise duty by Rs2 per litre
04 Oct 2017
The decision comes after the government increased excise duty on auto fuels nine times since the oil price fall, and state-run oil marketing companies increased petrol prices by Rs7.8 a litre and diesel rates by Rs5.7 a litre since July this year
China builds world's first space-ground integrated quantum communication network
30 Sep 2017
The first quantum-safe video conference was held between President Chunli Bai of the Chinese Academy of Sciences in Beijing and President Anton Zeilinger of the Austria Academy of Sciences in Vienna, as the first real-world demonstration of intercontinental quantum communication on Friday 29 September
Wall Street Journal to close print editions in Europe, Asia
30 Sep 2017
The final print edition in Europe was on Friday, while the Asian edition will close down a week later, the newspaper reported yesterday
Telecom firms seek relief from high taxes, spectrum costs
28 Sep 2017
Telecom professionals say with India having the world’s highest spectrum prices, deferment of spectrum payment and reduction of interest rates are needed immeditely to preempt a collapse
Micromax, BSNL team up for JioPhone challenger Bharat One
27 Sep 2017
Micromax has tentatively priced Bharat one at Rs1,999 and Bharat Two at Rs2,999 while BSNL has recently announced unlimited voice and data plans at Rs249 and Rs429 for its prepaid subscribers