Private equity investments into domestic companies fell sharply year-on-year by 42 per cent to $23.3 billion in 2022, which is the lowest since 2019, when it was $15.8 billion, according to an industry report. The numbers reflect the overall funding winter that the startup space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February. Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to $23.3 billion -- the lowest annual inflows since 2019 when it was a low $15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights.
Spectrum allocation for satellite services came up as a dominant theme at the launch of 36 communication satellites by OneWeb, a Bharti group venture, here on Sunday. Following the launch, Bharti Enterprises chairman Sunil Mittal, in a conversation with a group of reporters, reiterated that spectrum auction did not make sense in the case of satellite services. "This (satellite services) is not competing with mobile services where you can justify the auction.
Anirudha Kalkote, 24, was produced before a US magistrate in Houston on Friday to face the charges.
On Aug 28-31, an average of 1.5 mn e-filed tax returns a day, against IRCTC's daily average bookings of 600,000 & Flipkart's 100,000.
Is the Airtel Zero plan really a big blow for net neutrality? Will it end the 'free' internet as we know it? Amidst the hullaballoo over the issue, Sudhir Bisht provides a contrarian view.
Zomato executive Pathikrit Saha delivers cancelled food orders to underprivileged and needy kids in and around Kolkata, putting a smile on their faces.
The JV between the two has won BWA spectrum in Delhi, Mumbai, Haryana and Kerala.
Jio announces an array of communication and entertainment devices.
After BlackBerry, the government is likely to ask two online service providers -- Google and Skype -- to allow security agencies to access communications on their networks.
Ppolitical experts in Colombo said the ministers came under intense pressure from the public over the government's alleged "mishandling" of the economic crisis, triggered by the shortage in the foreign exchange reserve.
New age technology will reshape India's future.
Nasscom recommended that there should be 'no double dipping'.
Siemens has inked an agreement with Hutchison Essar for its music download technology Music2You. the latter will enable full-length songs to be previewed and downloaded on its handsets.
Telecom operators have to take double confirmation from consumers before activating value added services (VAS) and must complete de-activation requests in four hours, sectoral regulator Trai said.
Should we not be creating roles in India for the talented, asks Ajit Balakrishnan.
Sunil Mittal is seeking subsidies from the Indian government to revive the dying fixed-line phones in the country. The chairman of Bharti Airtel, the leading private sector GSM service provider, has sought the removal of licence fee and service tax that are burdening the sector.
'Smart' Gandhinagar is now wired to the future, becomes India's first smart city; launches citywide WiFi services, smart streetlights, speed and face recognition surveillance.
WhatsApp's advantage is that it is the first app millions of Indian check first thing in the morning and innumerable times during the day and night.
Ajit Balakrishnan on keeping an eye on democratising finance in India.
The call for the agitation was given by the Gurjar Aarakshan Sangharsh Samiti. According to police, youths in large numbers blocked a rail track in Bharatpur's Bayana.
RComm has reportedly acquired an African firm for $500 million to offer telecom access services in Uganda.
For 33-year-old Amit Lakhmani, the chief executive officer of Kolkata-based wireless and internet value-added service provider Max Mobility, embarking on a business outside of the then booming manufacturing and services sector was a natural choice.
The app, which has close to 1 million users per day, its lawyer, is losing close to Rs 4.5 crore in revenues every day.
Do not share your passwords or personal information with anyone.
DoT plans to initiate move that might lower the revenues telcos share with government.
Rediff.com has launched a subscription based online service, Rediff Radio, which will offer radio jockey-hosted shows and on-demand streaming music across 30 popular genres.
Facebook has made investments in introducing new types of schools in Africa, hope to bring them to India too.
The proposal is aimed at arresting the decline in wireline services growth and spur availability of broadband internet access across the country. The move has been high on the agenda of Communications Minister A Raja for some time now.
He said action was akin to holding highway builders responsible for lane violations
Bandwidth management solutions provider Tellabs has acquired the privately held Vivace Nework.
Hyderabad-based Pi Datacenters wants to be the first destination of choice for enterprises in data and cloud services.
Prime Minister Narendra Modi on Saturday launched 5G technology services in India and said that technology has become democratic in its truest sense since even the poor of the country have always come forward in adopting new technologies. He said that this is a major step in the vision of Digital India and Aatmanirbhar Bharat. "Talking about Digital India, some people think that this is just a government scheme.
India is ranked below Bhutan and Sri Lanka in terms of broadband penetration, says TRAI.
India will have to deal with the question of whether broadband service providers are 'common carriers', like highways.
Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
Bangalore-based OnMobile, a telecom value-added services provider, has acquired France-based Voxmobili, a software solutions provider, for an undisclosed amount.
... And what explains the directions of change? asks Ajit Balakrishnan.
