Mukesh Ambani, will become the IOA's principal partner and help the country's sports federations
The executive order, which was signed by Trump on Thursday, prohibits certain purchases involving publicly traded securities or any securities that are derivative of or are designed to provide investment exposure to such securities of any Communist Chinese military company.
'China has gone too long as a rogue power, trashing international norms, agreements, and treaties as if they were not the paper they were written on.' 'The ill-advised attack on Ladakh may be the beginning of the end of that nonsense,' advocates Rajeev Srinivasan.
Chinese telecom gear giant Huawei Technologies has sought permission for access to the government's 'Trusted Telecom Portal' which went live on June 15 so that it can share details about the telecom products which telecom service providers have agreed to buy from it. The move is significant as sources close to the development say that, according to Chinese telecom companies' interpretation, the new National Security Directive on the telecom sector does not in any way prohibit them from participating in the process of selling telecom equipment of any kind to private telcos. The firm is waiting for a response from the government. It declined to comment.
They are both electronic manufacturing services (EMS) companies, also known as contract manufacturers. One is Taiwan's Foxconn group, the undisputed global number one in this business with revenues of $223 billion. The other is Dixon Technologies, the biggest domestic player with revenues of over Rs 10,500 crore.
Pending final approvals, Huawei would become the first big-name Chinese phone maker to manufacture hardware in India's growing market.
Blind categorisation of OTTs with TSPs is damaging as the two are fundamentally different. It is naive to claim 'same service, same rules' when the services are so utterly different, says T V Ramachandran.
Blind categorisation of OTTs with TSPs is damaging as the two are fundamentally different. It is naive to claim 'same service, same rules' when the services are so utterly different, says T V Ramachandran.
Chinese experts called for consultations between India and China to sort out differences on reported moves in India to stop importing Chinese telecom equipment apparently over fears of inherent security risks.
FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.
Based on industry estimates, telecom companies, including Bharti Airtel, Reliance Jio, Vodafone Idea and BSNL, are expected to invest over $10 billion on buying 5G telecom equipment in the next five years as they transition from non-standalone networks to standalone 5G networks.
10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.
China on Friday officially launched the world's first dual-mode mobile phones, which function in both GSM (Global System for Mobile Communications) and CDMA (Code Division Multiple Access) networks.
Telecom operator Vodafone Idea is in advance stages of processing order for network capacity expansion in six circles through Chinese telecom gear makers, according to industry sources aware of the development. The order will be only for expansion of existing telecom network capacity where the contract was already awarded to the Chinese vendors, according to the sources.
In February, Wang Jianzhou, China Mobile's chairman and CEO, told Business Standard at the Mobile World Congress in Barcelona that the company was keen to expand to India. China Mobile has over 450 million subscribers. RCom, which offers CDMA mobile telecom services and started GSM services a few months ago, has over 70 million customers. An RCom spokesperson declined to comment and an email query to China Mobile was unanswered.
Union Home Minister Rajnath Singh on Monday said that India wants better relations with Pakistan and China.
Tata Communications (formerly VSNL) has acquired a 50 per cent stake in Beijing-based telecom and IT services firm China Enterprise Communications for an undisclosed sum. The acquisition was done through its wholly owned subsidiary, Tata Communications International Pte.
A consortium led by Delhi-based Vavasi group has sent feelers to China Mobile, the world's largest telecom company, for a possible joint bid for Zain Telecom, adding another element of complexity to the battle for the Kuwait-based company that involves India's two state-owned telecom service providers.
This State-corporate 'cooperation' didn't begin with the arrival of the Modi government.
Many of the big licences, contracts, and even environmental clearances for the Adani group had come in the UPA's time, points out Shekhar Gupta.
India is likely to become a $40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. Ambani's estimate for the Indian economy, currently the fifth largest in the world behind only the US, China, Japan and Germany, is more optimistic than Asia's richest man Gautam Adani, who last week stated that India will become a $30 trillion economy by 2050 on back of rising consumption and socio-economic reforms. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world," Ambani said at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar.
The Congress leadership is caught in a bind over Jairam Ramesh. While his support for a major Chinese telecom firm is being taken seriously by the party leadership, what has complicated the issue is the visit of President Pratibha Patil to China from May 26 on a five-day visit.
Apple's newest phone iPhone 14 will be made in India as the global tech titan bets big on the manufacturing prowess of the world's second-biggest smartphone market after China.
After creating a 'level-playing field' for Chinese telecom companies doing business in India, New Delhi has asked Beijing to reciprocate by creating opportunities for its IT and pharma industry.
According to the Ericsson Mobility Report, total mobile subscription in China stood at 1.26 billion, while in India it was 713 million in 2012. The net additions in the fourth quarter of 2012 was 140 million.
China United Telecom plans to launch mobile phone handsets with dual-band technology in mid-July that shares data and voice service between GSM and CDMA users.
DoT is even considering measures to urge private telecom operators to bring down their dependence on Chinese-made telecom equipment.
Montek welcomes investment in infrastructure; deals worth over $5 billion signed at the 2nd India-China Strategic Economic Dialogue.
Equity indices staged a pullback on Tuesday after three days of declines as investors scooped up IT, metal and consumption stocks amid a largely positive trend overseas. A recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex climbed 274.12 points or 0.45 per cent to settle at 61,418.96.
Airtel acquired African telecom operator Zain in 2010 for $10.7 billion.
Chinese banks -- China Development Bank, China Exim Bank and Industrial and Commercial Bank of China (ICBC) -- will get a lion share of 30 per cent or Rs 7,000 crore in RCOM/RTL/RITL resolution plan, with the DoT getting nothing if the proposed plan goes ahead.
Reliance Jio's aggressive target to reach 100 million households through the launch of the 5G fixed wireless access (FWA) could make it one of the world's largest players in this space. But this also marks a change from its earlier strategy of offering fibre-to-the home (FTTH) broadband to households. Despite its best efforts, in two years Jio has been able to connect only 7 million households with FTTH, as permission for right of way for the last mile became a major impediment and the process of laying ducts for the roll-out was slow and cumbersome.
I look forward to many years of success and friendship, working together to solve not only our problems, but world problems and problems of great danger and security, says President Trump in Beijing.
'Markets are factoring in a good show by India Inc in Q2.'
Is self-reliance the right approach in a mega-buck game, or better to be part of a network? asks T N Ninan.
Officials in Beijing said the two countries were on course to meet the new target of $100 billion for 2015, set during Chinese Premier Wen Jiabaos recent visit to New Delhi.
Bird China, the largest mobile phone manufacturer of China, will set up a telecom software development centre in Bangalore, a company official said on Wednesday.
The fibre optic cable project contract, from Kathmandu to Khasa in China, was signed in the Nepalese capital on Sunday, Xinhua news agency reported.
During the first four months, mobile phone users saw a net increase of nearly 43.8 million, data of the Ministry of Industry and Information Technology in Beijing said.
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