Ambani says nation on the cusp of a digital revolution
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
In absence of drinking water and electricity during the mid-May summer, life in the coastal districts remained derailed even four days after the calamity.
Finance Minister Nirmala Sitharaman on Thursday announced a new job creation scheme by giving subsidy to those establishments that make new hires. The subsidy would be to cover for retirement fund contributions by employees as well as employers for two years, she said. Employees contribution (12 per cent of wages) and employer's contribution (12 per cent of wages) totalling 24 per cent of wages would be given to establishments for two years, she said. Under the Aatmanirbhar Bharat Rozgar Yojana, every Employees' Provident Fund Organisation (EPFO)-registered establishment taking new employees would get this subsidy.
Modi hits out at trade protectionism and calls for a rule-based, transparent, anti-discriminatory, open and all inclusive WTO-centred multilateral trading system focused so that the interests of every country specially the developing ones can be taken care of.
Amazon has shot off yet another letter to market regulator Sebi, accusing Future Retail of insider trading and called for an investigation as the US online retailer looks to ratchet up pressure against the Future-RIL deal. Future Group, however, vehemently denied the charges, saying these allegations were "Amazon's ill-motivated attempts to throw everything at the situation to stultify the transaction."
It reported adding 698,3146 subscribers in September, the lowest since it added 6.1 million in November 2017.
Facebook co-founder and CEO Mark Zuckerberg on Tuesday said India is a very special and important country with a remarkable entrepreneurship culture, as he sought to push deeper the just-launched payments services that allow users to make payments over WhatsApp. Last month, Facebook-owned WhatsApp received approval from the National Payments Corporation of India (NPCI) for rolling out its payments services in India. In 2018, WhatsApp started testing its UPI-based payments services in India -- a global first -- with about a million users.
The third, fourth and fifth floors of the nine-storey building were the worst affected due to the blaze, Mumbai fire brigade chief P S Rahangdale told PTI on Tuesday.
'As someone who has had the opportunity of cross examining Vinod Rai, extensively over three days as part of the Joint Parliamentary Committee, many of us included I had concluded at that point of time that this report rests on the foundation of sand.'
The 1986-founded company is in the process of appointing a consultant for formulating the future plan of action for its CDMA business.
A merger between state-run telecom firms Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd is the best option because it would create the country's largest telecom company, said Kuldeep Goyal, chairman and managing director of BSNL.
In the past, BSNL had invested in IT, but it could never get the desired effect. In fact, a report pegged the company's expected 2010-11 losses to be over Rs 6,000 crore (Rs 60 billion).
Minister said the government wants to bring them back to profitability.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
To speed up the vacation of additional 2G and 3G telecom spectrum, the government will likely make a Rs 5,000-crore (Rs 50 billion) provision in the Budget for an alternative network for defence services. The spectrum released in lieu of that would increase the availability for civilian use.
Seeking urgent steps by mobile operators to check call drops, regulator TRAI on Wednesday said their performance would be reviewed after 15 days and warned it will "cross the bridge" if they fail to do the needful.
Personnel from multiple government departments, including revenue, police, fisheries, animal husbandry and other state agencies from Ariyalur, Perambalur, Tiruvallur, Cuddalore, Salem and Thanjavur districts were being deployed to handle the situation in the cyclone-hit regions
Fixed-line Internet is consistent and translates into a better experience for users.
The Union Budget is not everyone's cup of tea. But here's how you can make it yours.
On Monday, Ambani had said the Reliance group was open to join hands with Bharti Airtel for improving telecom network for 4G services in Punjab.
State-owned BSNL has become the first telecom firm to launch mobile services at the Holy Amarnath cave, as well as on the two routes of the yatra.
If Vodafone Idea shuts, a bulk of the high-paying ARPU customers will move to Airtel as Reliance Jio does not have a comprehensive postpaid offering like it, and have aggressively preferred to play in the prepaid market. The bulk of Vodafone Idea customers use 2G phones and only a few of them use data. It will be easier for Airtel to woo these customers as they can shift seamlessly to its 2G network without changing handsets or even SIM cards,
Though the Cabinet reshuffle on July 5 has a clear stamp of the Prime Minister's Office, the changes have also increased the coherence between the Bharatiya Janata Party, the government and the Rashtriya Swayamsevak Sangh.
Massive relief and rescue operations have been launched in Manipur where a strong 6.8 magnitude earthquake on Monday claimed nine lives, shattered buildings and caused panic.
Says extreme secrecy is maintained and utmost care and precaution is taken in matter of interception as it affects privacy of citizens
The telephone subscriber base was 996.49 million at the end of March.
'BSNL employee cost is Rs 14,500 crore and we anticipate that around 80,000 should opt for VRS.'
The subscribers will have to, however, wait for some more time for Internet services to resume in the Valley
Telecom department says spectrum can't be used as collateral because it's government property
Telecom regulator TRAI's report purportedly assessing zero loss in 2G spectrum allocation during the tenure of former Telecom Minister A Raja on Wednesday came under sharp criticism of the Supreme Court which questioned the functioning of the autonomous body.
Telecom equipment vendor Nokia-Siemens filed a case in the Delhi High Court today against its disqualification on technical grounds as a bidder for state-owned Bharat Sanchar Nigam Ltd's tender for 94 million lines, one of the world's largest telecom contracts worth over Rs 50,000 crore.
The investment was committed to by Vittorio Colao, CEO of Vodafone Group Plc.
With the profitability of telecom operators declining due to "low tariffs and high costs", GSM industry body COAI Chairman Himanshu Kampania has said the mobile sector cannot sustain future investments with present low margins.
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
Jammu and Kashmir "was, is and shall forever" remain an integral part of India, a top Indian diplomat asserted at the UN Human Rights Council's meeting in Geneva on Wednesday, a day after Pakistan sought the international community's intervention on the Kashmir issue. Speaking at the 43rd session of the UN Human Rights Council which is being held in Geneva in Switzerland from February 24 to March 20, Vikas Swarup, secretary (west), the ministry of external affairs, described Pakistan as the "epicentre of global terrorism".
Fourteen years ago, the telecom market was thrown open to private and foreign players.
Small and big advertisers are making their presence felt this year far more than they did earlier, bringing a smile to the faces of the tournament's organisers and partners.
Airtel and Vodafone Idea are also trying to expand the penetration of 4G users in their subscriber base as they take this network to the hinterland
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