Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
Vodafone Business Services (VBS) Monday launched a new program to catalyse growth of medium sized businesses as the enterprise arm of India’s No. 2 telco focuses on increasing revenue from corporates.
The latest program includes three key initiatives– ‘Ready for the Big League’ (RFTBL), Business Readiness Scorecard and Ready Business– which will enable businesses increase productivity, reduce costs and improve customer responsiveness, the company said in a statement.
“The three initiatives being launched today are synergised to effectively manage rapid growth challenges, catering to evolving needs of customers, enhancing operational efficiencies and building a more connected and productive workforce,” Naveen Chopra, director – Vodafone Business Services, said. Original post at ET Telecom