2. The final date for Mobile Number Portability (MNP) across India has finally been fixed even as
it was launched in Haryana yesterday. Now mobile users in Kolkata will be able to switch
service providers while retaining their numbers from January 20, 2011 when MNP will be
implemented across India, The Telegraph reports.
Telecom minister Kapil Sibal told reporters while launching MNP in Haryana, "Mobile number
portability will be rolled out across India on January 20, 2011." A senior executive for a top
operator added, "There could be some introductory tariff plans for customers changing service
providers. High-speed value-added services such as video calls can also be used to lure new
customers. Operators could also waive porting charges as an incentive."
MNP is applicable within the circle, and you cannot use it if you want to shift to another city
outside the circle. For porting, a subscriber has to send an SMS - PORT Mobile Number - from
the number he wishes to be ported, to 1900. The subscriber will be sent a unique porting
code through SMS by his current service provider and this has to be quoted in the application
form. Porting process is supposed to be completed within seven working days. Even as DoT
has recommended a porting fee of Rs. 19, some operators such as Idea Cellular may consider
waiving off the porting charges.
3. The initial public offering (IPO) of Manganese Ore India (MOIL), the sixth
state-owned divestment candidate this calendar, was subscribed 76% on
the first day of bidding despite bearish market conditions. The 3.36-
crore share issue has been priced in the Rs 340-375 band, and will help
the company raise between Rs 1,142 and Rs 1,260 crore depending on
the final price.
According to data on the National Stock Exchange website, the
institutional portion of the book was fully subscribed, with most bids
coming in at the upper end of the price band. The portion of the book
reserved for retail investors was subscribed a little over one-third.
Brokers said most retail applications come on the last day of bidding , as
investors don’t want to lock up their money till the last moment. Retail
investors and employees of MOIL will get a 5% discount to the issue
price. For institutional investors, November 30 is the last day for
bidding, and for the remaining categories, December 1.
Edelweiss Capital, IDBI Capital Market Services and JP Morgan India
Private are the book-running lead managers to the issue.
4. Though Research In Motion (RIM) is yet to solve the issue over its
messaging service, the BlackBerry maker has launched its latest
smartphone BlackBerry Bold 9780 in the Indian market.
According to media reports, the BlackBerry Bold 9780 is now available in
India, and is priced at Rs. 30,000. However, some other reports and
tweets said that the new smartphone is available for Rs. 26,900.
An updated version of 9700 released last year, Blackberry Bold 9780 has
an improved hardware, say reports.
The BlackBerry Bold 9700 smartphone supports 3G HSDPA networks
around the world and is equipped with a next-generation, high-
performance (624 MHz) processor and 256 MB on-board Flash memory,
while 9780, which runs on BlackBerry OS 6.0, has 512 MB RAM and a
higher resolution camera.
Compared to the 3 megapixel camera of 9700, the new version boasts
of 5 megapixel camera with auto-focus, flash and image stabilization.
Recently Tata Indicom, the CDMA arm of Tata Teleservices Limited and
Research in Motion had announced the launch of the BlackBerry Bold
9650 for the CDMA users in India. 9650 is the first combined CDMA-
GSM 3G-ready Smartphone in the BlackBerry Bold series.
5. The list of things an iPad can do just grew a little longer thanks
to a new app from TiVo. The company recently developed a new
app entitled TiVo Premiere that allows iPad users to turn their
device into a remote and program guide.
The new app from TiVo will allow customers to view full screen
guides on their iPad, schedule recordings on the go and even
control playback, all with minimal effort. In short, the new app
allows customers to turn their iPad into their one stop shop
for controlling their TiVo device. Other features such
as searches, browsing, and sharing shows can be done without
interrupting what is currently being viewed on TiVo.
The new TiVo Premiere app will arrive in the Apple App Store in
the next few weeks and will be a free-of-charge app. Customers
will have to have either a TiVo Premiere or TiVo Premiere XL box
along with a current TiVo account