Mobile Network Subscriptions Declined in April: TRAI

The telecom industry witnessed a slump in the number of subscriptions in April, according to the telecom regulator TRAI. Surprisingly, the stoop in wireless as well as wireline subscriptions was noticed particularly in urban areas. Jul 7, 2013

Ford EcoSport Delivery Starts in Bangalore

Many in Bangalore have become proud owners of the recently launched Ford EcoSport on Friday. Ford India started the deliveries of its much-awaited compact SUV in Bangalore on Friday. Jul 6, 2013

Nokia to Acquire Siemen's 50% Stake in JV for $2.2 Billion

Finnish mobile company Nokia Corp acquired Siemens' entire 50 percent stake in the two companies' joint venture Nokia Seimens Network (NSN). Nokia will pay 1.7 billion euros (approximately $2.2 billion) at the end of the transaction which is likely to close in the third quarter of the year. Jul 1, 2013