The IAS officer was later taken into custody under the provisions of the Prevention of Money Laundering Act and is expected to be produced before a magistrate seeking his remand, the sources said.
I hope those who underestimate Rajeev Chandrasekhar will be proved wrong in this fight for Thiruvananthapuram's future, notes Rajeev Srinivasan.
The three-day India Mobile Congress (IMC) will showcase the widening convergence of telecom with new domains, such as semiconductors and deep tech, P Ramakrishna, the forum's chief executive officer, said on Tuesday. With more than 250 global and domestic exhibitors, the seventh edition is expected to draw more than 100,000 visitors this year, he said. There will also be over 5,000 CXO-level delegates and more than 350 speakers.
Billionaire Mukesh Ambani-promoted Reliance Industries Ltd (RIL) on Tuesday became the first listed company to hit the Rs 20 lakh crore market valuation mark. The market heavyweight's stock jumped 1.88 per cent to its record high of Rs 2,957.80 apiece on the BSE. It finally settled at Rs 2,928.95 per piece, up 0.90 per cent on the bourse.
The court said Shroff is a celebrity and this status inherently grants him certain rights over his personality and associated attributes.
Eight Union ministers, two former chief ministers and one ex-governor are among those who are set to test their electoral fate in the first phase of elections on April 19 when 102 seats across 21 states and Union territories will go to polls.
At present 100% FDI is allowed, of which up to 49% investment in a company can be done through the automatic route
In its annual report on telecom sector, the US Trade Representative also said there were barrier concerns regarding supplying satellite services in China and India.
Reliance Jio has sent a second legal opinion to the Telecom Regulatory Authority of India (Trai) on the subject of the potential allocation of satellite spectrum. The letter is written by retired Supreme Court Justice L Nageshwara Rao and argues in favour of auctions, stating that any other method for allocating spectrum apart from auctions could be constitutionally unsound. Business Standard has reviewed the letter.
Billionaire Mukesh Ambani's Reliance Industries and Tata Group have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list.
...benefiting 350,000 persons. Also, Trai detected and blocked seven million mobile phone connections involved in cyber fraud and suspicious activities.
'I am shocked that the BJP makes so many commitments. What did they deliver as the NDA?'
The Supreme Court recently quashed a rule that mandated telecom operators to compensate consumers.
The government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services.
To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.
Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.
A Bench headed by Justice Altamas Kabir sought an reply from 11 repondents Telecom Regulatory Authority of India, Association of Unified Telecom Service Providers of India, Reliance Communications, Tata Teleservices, Vodafone Essar Mobile Services, Cellular Operators Association of India, Bharti Airtel, Idea Cellular, BPL Mobile Communications, HFCL Infotel, and Spice Communications -- as to why they should not pay ADC to BSNL.
The government said in an order that mobile internet services would be banned in Ambala, Kurukshetra, Kaithal, Jind, Hisar, Fatehabad and Sirsa districts.
'I feel more like a chess player, thinking for long hours how to make the next move," Telecom Secretary Aruna Sundararajan tells Surajeet Das Gupta.
With the import bill of telecom equipment rising, the government on Wednesday said preferential treatment would be given to its indigenous production in the New Telecom Policy, which is under formulation.
The government on Thursday ruled out setting up an ombudsman to redress complaints of poor mobile telephony services like call drops saying state-run BSNL/MTNL were taking effective steps to upgrade technology.
Telecom subscriber base crossed the 95-crore mark in August, after a gap of more than two years, on the back of higher mobile users whose number touched 92.43 crore.
In 2012, ZTE India posted a small rate of growth, realising revenues of $700 million, around half the $1.5 billion it received in 2009, a write up in the state run China Daily titled 'ZTE banks Indian telecom market' said.
In July, Yahoo was sold to US telecoms giant Verizon for $4.8 billion.
Shyam's application comes even as real estate major DLF Ltd confirmed on Wednesday that it will apply for telecom licences by Friday, the fourth real estate company to do so in the recent past.
Collectively, these companies spent Rs 628 crore (Rs 6.28 billion) on political contributions in the past five years, according to their annual reports.
Manoj Sinha, earlier minister of state for railways, will be tasked to conduct the auction and deal with issues like net neutrality.
The interconnection charge has been reduced.
State-owned BSNL will start 5G services in 2024, Union Telecom Minister Ashwini Vaishnaw said on Thursday. BSNL has shortlisted a TCS and C-DOT led consortium for rolling out 4G network, which will be upgraded to 5G in about a year of placing the order under the contract. "BSNL will start 5G services in 2024," Vaishnaw said while speaking to reporters in New Delhi.
DoT has issued notice for licence cancellation to Etisalat DB and Idea Cellular on ground of failing to meet roll out obligation.
Foreign direct investment (FDI) equity inflows in India declined 24 per cent to $20.48 billion in April-September 2023, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at $26.91 billion during the first six months of the last fiscal. Inflows during January-March 2023 also contracted 40.55 per cent to $9.28 billion.
The special cell said it was also probing whom Lalit was in touch with on social media, adding that it was also investigating if the alleged security breach mastermind was speaking to others on social media and, if so, what was said.
Narendra Modi is India's most successful prime minister and the greatest global leader of current generation, billionaire Mukesh Ambani said on Wednesday as he flaunted his group Reliance Industries' Gujarati heritage and its over USD 150 billion (Rs 12 lakh crore) investment in last 10 years.
Malaysia's state-controlled top telecom operator Telecom Malaysia is to buy a 49 per cent stake in India's Spice telecom Ltd, both companies said in Kuala Lumpur on Friday.
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.
If the status is approved for ITI, it will get preference in the supply of technology products required by the defence services.
The government is likely to offer a slew of tax sops to telecom operators, including asking state governments not to levy sales tax on telecom services, seven years of exemption of revenue sharing on revenues from rural subscribers, etc.
Indian telecom companies are scouting for acquisitions worldwide as part of an ambitious attempt to establish a global footprint. Moreover, the growth momentum needs to be maintained amid the falling average revenue per user (ARPUs) and expected saturation in the domestic subscriber base.
Spice Telecom, one of the cellular service providers in Punjab, on Friday announced a 'special ISD offer' for its subscribers in the state, reducing international calling rates from Rs 16 to Rs 3.99 per minute.
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