The Department of Telecommunications has called a meeting of the heads of all leading telecom companies offering GSM technology services on November 21 to resolve contentious issues that have arisen following recent changes in telecom policy.
Social media giant Meta Platforms and Bharti Airtel on Monday announced a collaboration to jointly invest in telecom infrastructure to cater to the rising demand of high speed data and digital services in India. The announcement comes on the back of telecom operators' demand to share revenue with service providers to build networks. "Airtel and Meta will jointly invest in global connectivity infrastructure and CPaaS (communications platform as a service) based new-age digital solutions to support the emerging requirements of customers and enterprises in India," the statement said.
AAP chief spokesperson Priyanka Kakkar said its top leadership will take a call on attending the Mumbai meeting of the opposition bloc INDIA, following the statement by Lamba.
She reached the office of the federal probe agency in central Delhi around 11 am and left around 6 pm.
Prime Minister Narendra Modi's move to get reservation for women in legislatures promises to shape the political discourse ahead of key state polls and Lok Sabha elections, and a parliamentary approval to the long-contested proposal will be used by the Bharatiya Janata Party to burnish his credentials as a decisive leader.
A day after the attack on Aam Aadmi Party leader Somnath Bharti on Wednesday evening in Varanasi, Arvind Kejriwal lashed out at the Bharatiya Janata Party and its prime ministerial candidate Narendra Modi, asking if the Gujarat model was about 'threatening people' and demanded the Election Commission's immediate intervention.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
The Sensex jumped nearly 900 points and the Nifty rallied over 272 points on Friday, bouncing back from the previous day's fall, following a positive trend in global equities and fresh foreign fund inflows. The BSE Sensex rallied 899.62 points or 1.53 per cent to end at 59,808.97 after starting the trade on a positive note. During the day, it jumped 1,057.69 points or 1.79 per cent to 59,967.04.
The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.
"We are developing the cash and carry model with an overseas partner," Future Group's CEO Kishore Biyani told PTI here, without giving details.
On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace
Supporting West Bengal Chief Minister, Buddhadeb Bhattacharjee's stand, Mittal said, "Let us see for the next 7-10 years what Indian companies deliver and then we can take a call."
Indian CEOs are increasingly finding representation on some of the world's most influential policy bodies.
The stock market rout has caused the country's five richest, led by Reliance Industries Chairman Mukesh Ambani, to lose more than $10 billion in just about a fortnight.
Bharti Airtel is all set to face competition in its proposed bid for South African telecom major MTN Group. United Arab Emirates-based telecom company Etisalat today said that it might bid for the South African company, too. Etisalat is evaluating a possible bid for MTN as it seeks to boost revenues from the continent to at least a quarter of its total revenues in four years, Reuters reported quoting the company Chairman Mohammed Omran.
Coercion does not work. People will find ways to come around it. No one can legislate that industry cannot spend, or not be ostentatious, says Sunil Mittal.
The commerce and industry ministry has informed the Prime Minister's Office that the Bharti Group has conveyed to the government that its joint venture with Wal-Mart was in compliance with the existing FDI policy.
Bharti Group chairman Sunil Mittal on Tuesday said the unified licensing regime proposed by the Telecom Regulatory Authority of India could not be pursued in its present form, as it was in contradiction of the TDSAT judgement.
Government to examine whether rules and regulations were adhered to in the Bharti-Wal-Mart retail deal, says Commerce Minister Kamal Nath.
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
The Indian industry stands staunchly opposed to job reservations in the private sector, Bharti Group promoter and Confederation of Indian Industry vice-president Sunil Mittal has said as he vowed to fight the move at every fora.
With his Mumbai sojourn,Wal-Mart Vice-Chairman Michael Duke gave enough signals that Wal-Mart is testing waters before it actually enters the organised retail in India.
'We showcased about 20 use cases in 5G trials in Pune and Gandhinagar and some of them were interesting and innovative.' 'However, which ones will take off and which ones would not be relevant, we don't know yet.'
The one-year extension would give Walmart and its Indian joint venture partner in the cash and carry business, Bharti Group, more time to sort things out and decide on a retail foray together, people in the know said.
Reliance Industries, the Tata group, Bharti Airtel and Aditya Birla are among Indian conglomerates that have hedged their revenue and costs linked to the US dollar, giving them financial cover as the rupee fell past 80 against the greenback on Tuesday.
A record over Rs 1.5 lakh crore worth of 5G telecom spectrum was sold in a seven-day auction ending on Monday, which saw billionaire Mukesh Ambani's Jio emerging as the top bidder to consolidate its leadership position. Sources with direct knowledge of the matter said provisional data puts the total bids at Rs 150,173 crore. The mop-up from the 5G spectrum, capable of offering ultra-high speed mobile internet connectivity, is almost double at Rs 77,815 crore worth 4G airwaves sold last year and triple of Rs 50,968.37 crore garnered from a 3G auction in 2010.
Prasad's daughter Misa Bharti and a former general manager of the Railways have also been named as accused in the chargesheet filed before a special CBI court recently, they said.
Industry experts say that even after the Insat-4B launch, there would be a requirement of over 25 more transponders from new players as well as older players looking for expansion.
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
The non-availability of transponders on satellites has hit the expansion plans of not only existing direct-to-home players such as DD Direct Plus and Dish TV but also new entrants such as Sun Direct, Reliance Bluemagic and the Bharti group.
Wal-Mart's entry into India through an agreement with the Bharti group is a first-of-its-kind for the US retailing giant. The Arkansas-based retailer has always preferred to enter a new market on its own.
Ailing Rashtriya Janata Dal chief Lalu Prasad has returned to his home turf Bihar, amid escalating political temperatures over issues of caste census, the Rajya Sabha biennial polls and the Central Bureau of Investigation (CBI) registering yet another corruption case against the septuagenarian.
Union Minister Nitin Gadkari on Tuesday launched the country's first crash testing programme Bharat NCAP aimed at improving road safety standards of motor vehicles up to 3.5 tonnes. Bharat New Car Assessment Programme (Bharat NCAP) is India's own crash testing programme and is cheaper than tests conducted abroad, Gadkari said, adding that the star ratings will help buyers understand the quality of the product and make an informed purchase decision. Bharat NCAP will be implemented from October 1, 2023.
Reliance Infocomm occupies the top place among private operators with maximum number of phone connections at over 1.33 crore (Rs 13.3 million), Communication and IT Minister Dayanidhi Maran informed the Lok Sabha on Wednesday.
The fall in GSM-based cellular subscribers growth continued with just 979,000 additions in May 2004, at 2.81 crore (28.1 million), with the Bharti Group cornering over one-fourth of the market at 73.43 lakh (7.34 million) customers.
India's schedule on Day 4 of the Asian Games on Wednesday, September 27.
Although a fiery speaker and mass leader in her own right, Bharti has to necessarily fall back on what is being repeatedly described as a 'Modi lehar' to wrest this seat from the Congress, observes Anita Katyal
The sale of Nature's Basket, Godrej's chain of food stores in west India, is the second exit by a big group in a year in the category
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
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