Feb 28, 2013, 07.34 PM IST
Telecom equipment firm Alcatel- Lucent today said Telenor has appointed it to provide operational support and business transformation services for three circles of Gujarat, Maharashtra and Andhra Pradesh.
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Alcatel-Lucent bags contract from Telenor in 3 circles
Telecom equipment firm Alcatel- Lucent today said Telenor has appointed it to provide operational support and business transformation services for three circles of Gujarat, Maharashtra and Andhra Pradesh.
Like this story, share it with millions of investors on M3
Alcatel-Lucent bags contract from Telenor in 3 circles
Telecom equipment firm Alcatel- Lucent today said Telenor has appointed it to provide operational support and business transformation services for three circles of Gujarat, Maharashtra and Andhra Pradesh.
The agreement has been initially signed for five years.
"Telenor Group appreciates this partnership done with Alcatel-Lucent in India. This establishes a platform for further innovative operating models in India and for taking those learnings and practices in other markets across the Group," Telenor's Executive Vice President Hilde Tonne said.
Telenor is in process of transferring business of Uninor under new entity Telewings Communications.
"This agreement reaches beyond traditional managed services and helps put Telewings on a transformational path that will enable its customers to experience top-of-the-line services," Alcatel-Lucent India President and Managing Director Munish Seth said in a statement.
The financial details of these were not disclosed.
highlights
- No case to revise direct tax rates, slabs
- Super rich tax: 10% surcharge on income above Rs 1 cr
- Increase excise duty on SUV's from 27% to 30%
- No change in standard rate of excise duty, service tax
flashes
- Budget Reaction: Fitch Says Policy Implementation To Be Key Driver Of India Rating
- Budget Reaction: Fitch Says Believe Policy Execution Will Be Challenging
- Budget Reaction: Fitch Says Public Finances Vulnerable To Further Growth Slowdown
- Budget Reaction: Fitch Says Commitment To Fisc Cons, Despite Poll, Encouraging
InterpretationS
- GAAR-Presumes tax benefit unless proved contrary
- MFs covered for deductions u/s 80CCG
- Excise duty increased on mobile phones of Retail Sale Price (RSP) more than Rs 2000
- ED on readymade garments exempted: positive textile sector
SECTOR IMPACT
Select Sector to see impact
- Auto - Cars & Jeeps
- Auto - LCVs/HCVs
- Banks - Private Sector
- Banks - Public Sector
- Cigarettes
- Computers - Hardware
- Computers - Software - Training
- Construction and Contracting - Real Estate
- Electricals
- Engineering - Heavy
- Finance - General
- Finance - Investments
- Infrastructure - General
- Leather Products
- Media & Entertainment
- Mining/Minerals
- Miscellaneous
- Personal Care
- Pesticides/Agro Chemicals
- Power - Generation/Distribution
- Refineries
- Shipping
- Sugar
- Textiles - Denim
- Textiles - General
Textiles - General
18:52 pm
Exice Duty on readymade garments exempted +ve for textile sector
TAX AND YOU
Retired Person
REACTIONS
reaction on: Business
Anirudh Dhoot
President- CEAMA & Director | Videocon
reaction on: Markets
Dipen Shah
Head of PCG(Private Client Group) Research | Kotak Securities
reaction on: Markets
R Venkataraman
Managing Director | India Infoline
reaction on: People
Marzin R Shroff
CEO - Direct Sales & Sr VP- Marketing | Eureka Forbes
reaction on: Business
George Alexander
MD | Muthoot Fin
What got Cheaper / costlier?
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