RCom cuts STD Tariffs – Hints at Full Blown War

Reliance Communications, India’s largest and only unified telecom service provider, has floated an STD pack that will give customers call facility of 50 minutes across all networks for 30 days on e-recharge of Rs 35. The new offer would be available till February 28, 2009 for GSM users of Uttar Pradesh and Uttarkhand. Reliance known … Read more RCom cuts STD Tariffs – Hints at Full Blown War

Uco Bank introduces compromise scheme in Orissa

State-run banking entity, Uco Bank, has launched a compromise scheme to enable defaulting borrowers to settle their debts with an outstanding amount of less than Rs 25,000 in Orissa. Under the scheme, loans which are under the category of non-performing assets (NPAs), can be settled by paying 10 to 50% of the outstanding amount. The … Read more Uco Bank introduces compromise scheme in Orissa

Delhi govt to launch insurance scheme with Rs 1.25 monthly premium

With an eye on the forthcoming elections, Delhi government has come up with a new postal life insurance scheme for a monthly premium of Rs.1.25 for the rural population. The new policy will provide a coverage of Rs 1,00,000 of sum assured and the policyholder has to contribute only Rs 1.25 per month or Rs … Read more Delhi govt to launch insurance scheme with Rs 1.25 monthly premium

Telenor-Unitech: Small Beginning + Option To Go For Other Towercos

Unitech Wireless / Telenor signed a tower sharing agreement with Quippo and the tower arm of TTSL (both of whom merged recently). The merged entity has 18k towers currently, increasing to 22k in April 2009 and to 40k in the next 12 months. This rollout plan is to meet the GSM launch by Tata Tele, … Read more Telenor-Unitech: Small Beginning + Option To Go For Other Towercos