Bundeep Singh Rangar commenting on the government ban of 500 and 1,000 rupee bank notes.
27 January 2016, London and Delhi: Oracle Capital Group, the global independent multi-family office and wealth management company, has signed a memorandum of understanding to form a Joint Venture with IndusView UK Limited, the London-based India advisory firm, and reputed financial services professional Rudra Dalmia to establish their presence in the Indian market.
The Indian Telecommunications Industry
- India is currently the world’s second-largest telecommunications market and has registered exceptional growth in the past few years.
- The Indian mobile economy is growing rapidly and will contribute approximately $400 billion to India’s gross domestic product (GDP), according to report prepared by GSMA in collaboration with BCG.
- The total mobile services market revenue in India will reach $29.8 billion in 2014 and is expected to touch $37 billion in 2017, registering a compound annual growth rate (CAGR) of 5.2%.
- The broadband services user-base in India is expected to grow to 250M connections by 2017.