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MTNL has partnered with MVAS provider DigiVive to offer mobile television and voice-interactive- response (IVR) services to its customers. “nexGTv is a mobile TV service offering live TV channels and an exhaustive list of Video-On-Demand (VOD) content on mobile. This service is available for both 2G as well as 3G users with compatible handsets”.
MTNL BSNL Merger?
State-run Mahanagar Telephone Nigam Ltd(MTNL) on Wednesday said it was in talks with Bharat Sanchar Nigam Ltd to offer customers a pan-India service , adding that it was up to the government to decide if there will be a merger.[source]
Decision on FDI in multi-brand retail soon
The Government is expected to take a decision in the next three months on allowing foreign direct investment in multi-brand retail, a long pending issue. According to sources, the Government would allow the foreign retail giants with riders which include a minimum investment of $100 million, half of which must go to back-end infrastructure like cold storage, soil testing labs and seed farming. At present, India allows FDI only in single brand retail chains like Nike and Louis Vuitton with a cap of 51 per cent. It also permits 100 per cent overseas investment in wholesale cash-and-carry format [source].
Demand for radio sets dips despite booming FM market
As per a study done by marketing research firm ORG GFK, radio-set market in India in 2008 was estimated at 34 lakh units in volume terms and Rs 112 crore in value terms. Japanese electronics major Sony, which used to sell a wide range of radio sets and transistors in India, currently has just one model on retail shelves. “There is not much demand coming for these products now. Sony only sells a small transistor priced at Rs 800 which is mostly bought by senior citizens. The youth is not interested in buying separate radio sets anymore,” Rajesh Dewani, Director Avit Digital, a Sony distributor in New Delhi.[source]
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