March 8, 2010 |
ET Now talks to Sandeep Wagle, Founder & MD, APTART Technical Advisory Services on his stock picks. We have seen a whole lot of activity in stocks such as OnMobile as well as REI-Agro anything from that pocket agri related at this juncture that you like, an REI-Agro has moved quite strongly what are the charts telling you there? No, again it is sideways I would buy an REI-Agro once above 54 then it would have the potential to go to 62-63 so I would watch the volumes above 54 that can give a big move only above that.
April 6, 2013 |
NEW DELHI: Reliance Industries (RIL) has appointed Sanjay Mashruwala, a 30-year company veteran but hardly known in the telecom industry, as managing director of its fourth-generation (4G) mobility venture Reliance Jio, an executive with direct knowledge of the development said. An internal mail announcing Mashruwala's appointment was sent to employees last week, the executive said. India's most valuable private sector company has also hired Vodafone's former customer services head, Madhumati Lele, who is set to be the first woman executive in the Mukesh Ambani-promoted telco's leadership team.
March 20, 2013 |
NEW DELHI: Sandip Das, who will quit as the CEO of Malaysia's Maxis Communications next month, will join Reliance Industries as the head of its 4G mobile venture, two executives with direct knowledge of the development said. Full-fledged telecom re-entry plans of RIL recently received a boost as the telecom department cleared the proposal to allow 4G licence-holders to offer voice services. Reliance Jio Infocomm has been testing the service for months, and is expected to shake up the telecom market in the same way it did a decade ago with its affordable voice services bundled with low-cost handsets.
January 21, 2008 |
Telecom content aggregator and distributor OnMobile Global is raising money to fund its future expansion and repay loans. Its IPO comprises fresh equity of 86.1 lakh shares and offer for sale of 22.9 lakh equity shares from one of its existing stakeholders. Post-issue, the shareholding of the promoter group will fall from 76.6% to 57.5%. Business:The company operates in the valueadded services (VAS) segment of the telecom sector. It provides software and hardware interface to mobile operators to help them collate content from providers.
December 16, 2011 |
Deepak Mohoni, Director, trendwatchindia.com in a chat with ET Now, gives his views on OnMobile Global What is your call on OnMobile Global? What is your call on OnMobile Global?
April 4, 2011 |
ET Now spoke to Sudarshan Sukhani, Technical Trends, on OnMobile Global. What is the outlook like now on OnMobile Global? Outlook remains cheerful and bullish. As I have explained earlier if you own it, if you have bought it then on such big range big gains days you need to take off some money off the table but beyond that OnMobile is one of the nice part is that it is not a real hardcore telecom provider because the nature of its business is probably a better option to trade in the telecom sector than the telecom stocks themselves.
August 22, 2009 |
OnMobile Global CMP: Rs 520 TARGET PRICE: Rs 700 Macquarie has reiterated its 'outperform' rating on OnMobile, while upgrading its price target to Rs 700 from Rs 325 earlier, citing the company's recent deals with two leading international telecom operators as positives. "(We) expect combined revenues from the two international deals that have been announced to cross Rs 1.1 billion in FY3/11, making up 14% of overall revenues," the foreign brokerage said in a report.
January 19, 2008 |
NEW DELHI: Telecommunications value added services provider OnMobile Global will enter the capital market with an initial public offer of over 1.09 crore equity shares on January 24. The IPO of the company, which opens on January 24 and closes on January 29, has fixed the price band between Rs 425 and Rs 450 per equity share, OnMobile said in a statement. The company will make a fresh issue of 86,13,356 equity shares and an offer sale for 22,87,189 shares and plans to raise over Rs 409 crore.
July 9, 2012 |
BANGALORE: Telecom value-added service provider OnMobile's Managing Director and CEO Arvind Rao today resigned from the post amid allegations of financial irregularity. OnMobile, incubated at Infosys, in a statement said Rao's resignation has been accepted by the Board. "Recognising that these weaknesses took place during his tenure, Arvind Rao, has submitted his resignation from the position as Managing Director and CEO with immediate effect and the Board has accepted the same," the statement said.
March 24, 2008 |
KOLKATA: OnMobile, which is one of India's largest telecom value added service (VAS) providers, plans to acquire mobile technology companies to beef up its product portfolio. The Bangalore-based company is open to multiple acquisitions of small-sized companies with unique IPRs. Though it has not set aside a corpus for such inorganic growth, OnMobile is ready to open its purse strings if it gets an interesting target. The decision comes on the heels of the company's integration with the recently acquired French mobile data management firm, Voxmobili.