Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.
Wannabe telecom operators will take a while to know whether they have passed the Telecom Regulatory Authority of India's test. But that hasn't stopped them from taking the next step: tying up with infrastructure providers such as tower operators for rolling out their nation-wide operations.
The 78-year-old Naveen is on the cusp of creating history. He must win the forthcoming Assembly polls to become India's longest-serving chief minister, a record held by Sikkim's Pawan Kumar Chamling.
Reliance Jio Infocomm has moved the Bombay High Court seeking approval for amalgamating its long distance services arm Infotel with itself.
The government on Friday reduced the rate of interest and penalty for delayed payments for telecom companies having unified access licensees, including basic companies migrating to UASL, national long distance and international long distance players,
The company said that intense competition following the disruptive entry of a new player, legal and regulatory challenges, high level of unsustainable debt and increased losses had together caused significant "negative business and reputational impact".
However, Rajya Sabha being a continuing chamber is not subject to dissolution, and bills introduced and pending in this House remain on the live register, unless withdrawn by the government.
According to software company Mavernir, the new virtualised networks would lead to a saving of 40 per cent in capex and 34 per cent in terms of lower operations cost for operators.
Operators say 10-paisa, 25-paisa calls not possible.
Manoj Sinha, earlier minister of state for railways, will be tasked to conduct the auction and deal with issues like net neutrality.
Having created businesses ranging from world's largest single-location oil refining complex to nation's largest mobile network operators in just few years, billionaire Mukesh Ambani says his group Reliance Industries Ltd will never be complacent and will grow to be among the top 10 business conglomerates of the world. Addressing employees on Reliance Family Day - the birthday of the group's founder Dhirubhai Ambani, he said Reliance is now aiming to consolidate a place among global leaders in digital data platforms and AI adoption. "Today, the domestic and global environments for business are changing very fast.
Ambani said Jio will offer the world's lowest data tariff
Bharti Airtel is launching 5G telecom services in eight cities, including four metros, on Saturday and will progressively cover the entire country by March 2024, its chairman Sunil Bharti Mittal said. Speaking at the IMC 2022, he said the nation's oldest private telecom operator is launching 5G mobile services in eight major cities and will cover most parts by March 2023 and the entire country by March 2024.
Mukesh Ambani, chairman and managing director of Reliance Infocomm has been chosen the 'Telecom Man of the Year 2004
Amid a raging controversy over the 2G spectrum scam, Minister of State for Telecom Sachin Pilot said most of the allegations that are cropping up date back to the National Democratic Alliance regime.
Prasad asked private operators to play a role in skill development.
The price hikes during Covid were more because of supply chain and logistics disruptions caused by the pandemic and the Ukraine war rather than firms increasing prices because of higher pricing power, a report by State Bank of India (SBI) said. "It is thus incorrect to infer that concentration power dictated pricing capacity of firms, thus resulting in unyielding core inflation," the report authored by Soumya Kanti Ghosh, group chief economic adviser, SBI, said. A recent research article by former Reserve Bank of India (RBI) deputy governor Viral Acharya had observed that persistence of core inflation in India is due to purchasing power of top-five corporate houses.
Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that, notes R Jagannathan.
In the earlier Press Note 5, these posts could not be occupied by foreigners. However, the chief technology officer will have to be an Indian resident.
Essar Telecom Retail Ltd will be introducing a pan-Indian network of retail telecom outlets called TheMobileStore, which will offer state-of-the-art technology in telecom solutions besides several value-added services.
State-owned power company PowerGrid Corporation Limited has been awarded the national long distance (NLD) license by the department of telecom for its proposed foray into the telecom business.\n\n
US technology company NVIDIA and billionaire Mukesh Ambani's Reliance Industries on Friday announced a partnership to build AI supercomputers in India. "The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today," the firms said in a statement. Days before the announcement, NVIDIA founder and CEO Jensen Huang met Prime Minister Narendra Modi on Monday.
National Knowledge Commission Chairman Sam Pitroda made a strong pitch on Thursday for India getting into telecom manufacturing in a big way to address the demand.
Seeks clarification on a few issues such as enhancement of entry fee and performance bank guarantee from telecom regulator
If 4,000 workers could work round the clock for the construction of the new Parliament building, then there is no reason why all infrastructure projects too cannot follow that model, asserts Dr Sudhir Bisht.
Investors with a 3-4 year time horizon should pick up telecom stocks.
Modi cautioning that cryptocurrency can spoil the youth.
Telecom users will be able to avail free roaming and keep their phone numbers even if they switch service providers anywhere in the country, as per the draft New Telecom Policy unveiled by the government said on Monday.
The Supreme Court on Friday issued notice to Reliance Telecom on the recommendation of Environment Pollution Control Authority for imposition of a fine of Rs 1 crore (Rs 10 million) on it for laying optical fibres through Madhav National Park in Madh
Indian software firms are being courted by American and European companies for research and developing solutions for fourth generation telecom products designed for deployment across the world, Kiran Karnik
This will be the first time BJP's prime ministerial candidate holds a discussion with IT, telecom czars.
Trai and telecom companies are divided in their views on the issue of raising the foreign direct investment (FDI) limit in various media-related activities like cable television, direct-to-home, etc. Trai has proposed across-the-board increase in the FDI limit across cable (49 per cent), DTH (49 per cent), HITS (no existing limit) and satellite radio (no existing limit) to 74 per cent, as allowed in the telecom sector. Companies like Bharti Airtel are supporting this proposal
Reacting to reports that Home Minister P Chidambaram may be appointed as head of the Empowered Group of Ministers on telecom, the Bharatiya Janata Party on Saturday said, this is a "cruel joke" on the nation and goes against Prime Minister Manmohan Singh's claim of maintaining a high level of integrity.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Expressing concern over frequent internet shutdown without any empirical study, a Parliamentary panel has pulled up the Department of Telecommunications for not maintaining the record of incidents and inaction on several of its recommendations. The Standing Committee on Communications and Information Technology on 'Suspension of Telecom Services and Internet and its impact' tabled in Lok Sabha on Thursday, the panel has asked the Department of Telecom (DoT) to lay down a clear cut principle of proportionality and procedure for lifting of shutdown in coordination with the home ministry to prevent any misuse of the suspension rules. The panel rejected the logic of the DoT and Ministry of Home Affairs (MHA) for not maintaining the record of the shutdown, saying it cannot simply take the plea that police and public order are essentially state subjects and suspension of the internet does not actually come under the ambit of crimes.
The company declined to disclose the names of the firms it was acquiring as the regulatory clearances and some negotiations are still in process.
Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped boost retail revenues. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,394 crore, or Rs 25.71 per share, in July-September - the second quarter of the current 2023-24 fiscal - was 27.3 per cent higher than Rs 13,656 crore, or Rs 19.92 a share, earning a year back, the company said in a statement. The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.
Reliance Industries Ltd on Friday reported an 11 per cent drop in its June quarter net profit largely due to weak oil-to-chemical (O2C) vertical and higher interest and depreciation cost. Net profit was Rs 16,011 crore, or Rs 23.66 per share, in April-June - the first quarter of current 2023-24 fiscal year - compared with Rs 17,955 crore, or Rs 26.54 a share, earning a year back, according to a company's stock exchange filing.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances