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Tag: indian
Iman Cosmetics Sponsors Indian Film Festival
2014-05-01 07:00:00| Happi Breaking News
Using NYC event to expand brand awareness with South Asian customers.
Tags: film
sponsors
festival
indian
Bharti Airtel quarterly revenue up 13.5% on Indian strength
2014-04-29 14:01:00| Telecompaper Headlines
(Telecompaper) India-based Bharti Airtel reported revenue for its fiscal fourth quarter to March up 13.5 percent year-on-year to INR 222.2 billion. The company grew revenues 11.6 percent in its home market and 3 percent abroad, helped by stronger voice pricing in India, a near doubling in mobile data revenue and customer expansion in Africa and south Asia. EBITDA improved 20.6 percent to INR 73.1 billion, and net profit jumped 89.1 percent to 9.6 billion, supported by lower forex losses. The operator finished the quarter with 295.9 million customers in 20 countries, up 3.0 percent from the end of 2013 and 9.1 percent more than March 2013. Quarterly growth slowed in Africa to 1.7 percent due to regulatory issues, notably a sales ban in Nigeria, giving Airtel 69.44 million customers on the continent at end-March. In India, mobile customers grew 3.5 percent in the three months to 205.52 million, TV subscribers were up 2.3 percent to 9.01 million, and fixed customers were unchanged at 3.36 million. After a 22 percent rise in net income over the full year, Airtel raised its dividend to INR 1.80 per share from INR 1.00 last year.
Tags: indian
strength
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quarterly
Japan's NTT DoCoMo to exit Indian telecoms joint venture: sources
2014-04-25 09:54:39| Steel - Topix.net
NTT DoCoMo, Japan's biggest telecom network by subscribers, will sell its stake in its loss-making Indian mobile phone joint venture to partner Tata Group, people with direct knowledge of the matter said on Friday.
Tags: sources
joint
indian
exit
Docomo to exit Indian market, sell TTSL stake
2014-04-25 09:21:00| Telecompaper Headlines
(Telecompaper) Japanese operator NTT Docomo has decided to sell its stake in Indian mobile operator Tata Teleservices. Docomo expects to be able to sell its 26.5 percent stake to India's Tata group, under an option in their original shareholders agreement from 2009. This requires Tata to buy the stake for 50 percent of the acquisition price (INR 72.5 billion) or a fair market price, whichever is higher, if Tata Teleservices fails to achieve certain performance targets by the end of its fiscal year in March 2014. Docomo said it intends to sell the stake in June if Tata's annual report shows it missed the targets.
Michigan State grads to hear Indian IT entrepreneur at commencement
2014-04-17 13:21:41| IT Services - Topix.net
Michigan State University says that Indian information technology pioneer Azim Premji will speak at the school's undergraduate commencement May 2. Premji is chairman of Bangalore, India-based Wipro Ltd. He began leading the company in the late 1960s, taking it from a $2 million hydrogenated cooking fat company into an IT and research and ... (more)
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hear
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michigan
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