Stock market analysts have maintained ‘buy’ rating on Reliance Communications (RCom) stock with an intraday target of Rs 221.

According to analysts, interested traders can purchase the stock above Rs 206 with a strict stop loss of Rs 198. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 228.

Bharti Airtel, India's top integrated telecom services provider, has been awarded 'Best Content Service' for the Airtel IFFCO Farmer Information Dissemination platform and 'Best Project Management' for the Gujarat E-GRAM project at the World Communication Awards held at London.

The Airtel-IFFCO Farmer Information Dissemination Platform project was granted the best content service for its originality and being capable of providing rural clients granular information about their livelihood conditions.

Telecom giant Vodafone, approached the Supreme Court against the recent decision of the Bombay High Court on tax issue. The I-T department had asked it to pay income tax of $1.7-billion over its acquisition of Hutchison. Bombay High Court had pulled the telecom company for suppressing facts and granted eight weeks to file any appeal.  

The Bombay High Court has rejected the writ petition filed by the telecom giant Vodafone, regarding the capital gains tax, against income tax department. The company has challenged the show cause notice by the IT department, for about $1.7 billion capital gain tax in the High Court.  

The division bench of Justices S Radhakrishnan and Anand Nirgude has also extended the stay on the show cause notice and given a time of eight weeks to Vodafone to file appeal in the apex court. The company may approach the Supreme Court against the income tax department in the next week.

ZTE, the worldwide provider of telecommunications equipment and network solutions, has strengthened its focus on the research and development (R&D) to introduce cheap products in the global market without compromising on the quality.

ZTE, which has 16 R&D centers in China, spends around 10 percent of its income on R&D activities.

Moreover, the company also has 7 R&D centers in other countries comprising India and Pakistan.

About 40% of its work force comprise of personnel from the R&D department.

ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, added another major client win to its growing list of service providers deploying its GSM solution.

The company today announced the signing of a US$100 million deal with China Mobile's Pakistan arm (CMPak) to help them swell the capacity of their GSM infrastructure as part of its Phase 2 project.