Though a weak dollar will lend some support to revenues and margins in FY21, the demand environment will outweigh any gain.
Reliance Industries Ltd on Thursday announced a Rs 75,000 crore investment in new energy business over the next three years as the operator of the world's largest oil refinery pivots towards a greener and cleaner version. Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making plant and an electrolyzer unit to produce green hydrogen as a part of the business, chairman Mukesh Ambani said at the company's annual general meeting with shareholders on Thursday. It will also set up 100 gigawatts (GW) of solar power generation capacity by 2030 and invest in setting up a carbon fibre plant.
Under the previous quality of service rules, penalty on call drop was Rs 100,000 per violation and could go up to Rs 200,000 in case of third subsequent violation.
'When an enemy country is looking for information to sabotage a system from a remote location, they can access your data, they can stop the functioning of our power plants, they can stop the functioning of critical systems in the network.' 'It is very important that we should have full control of everything in the network.' 'Most Indian companies buy from China only because of the kind of incentive they are getting.' 'By doing so, these Indian companies are exposing themselves to dangers in the coming years.'
'It is important that students not focus on the remuneration that the job fetches in the first year, but look at the next 5 year journey with that job role.'
If it happens, this would mean the largest spectrum auction in terms of amount with over 7,000 Mhz going up for sale across eight bands
'Earlier-than-expected tapering from the US, followed by rate hikes, and locally, a potential third wave, which mimics the second wave in terms of severity.'
At the sector level, commodity linked sectors (energy, materials and utilities) and industrials reported the strongest revenue growth, while telecom, consumer discretionary saw the most decline in net profits.
A liberalised spectrum allows operators to use any technology to deliver services like 3G and 4G.
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
Google had started the Station as a five-year partnership with the Indian Railways and RailTel in 2015 to provide fast, free WiFi in over 400 stations by mid-2020.
IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors
VIL has countered Trai's contention that the RedX plan, which commits higher speeds, should have been informed separately so different aspects could have been examined before such service was launched.
JioFiber, India's first 100 per cent all-fiber broadband service, will start from 100 Mbps and go all the way up to 1 Gbps. This will propel India to top 5 broadband nations globally.
'We don't have any agenda in that, there will be no discrimination against anyone. Constitution will be Gita in that'
On the heels of a highly successful 3G spectrum auction, the telecom regulator Trai on Thursday said it plans to bring out the recommendations on the fourth generation (4G) technology or ultra-broadband by the end of the year.
The job placement rate for students trained by NIIT in China is over 90 per cent.' A revealing excerpt from Saibal Dasgupta's Running With The Dragon: How India Should Do Business With China.
Telcos demanding OTT players to come under some sort of regulation as they are eating into their SMS and voice revenues.
Owing to the poor market conditions and tepid sentiments, the size of the show has shrunk compared to the last edition, which took place in 2018. A majority of the two-wheeler makers, and several car and commercial vehicle makers, have opted out of this year's show, which opens for the media on Wednesday.
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
The government will set up a centre of excellence for visual effects and gaming with help from the Indian Institute of Technology-Bombay.
Telecom software and service solutions provider Mahindra-British Telecom has acquired privately-held US-based Axes Technologies for $54 million to consolidate its position as a leading services provider in the sector.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
Telecom operator Vodafone and Star India announced a tie-up on Thursday through which the broadcaster's sports telecasts can be viewed on mobile phones, which was welcomed by former India captains Kapil Dev and Sourav Ganguly in Mumbai.
The royalty payment obligations will be subject to arbitration.
Now, telcos will be penalised for call drops.
India has average monthly spends of $4 per user; it is over $20 in other Asian markets
Could launch high-end models once 4G technology picks up in India.
Montek Singh Ahluwalia supports operators' plea. He tells the finance minister that existing players should not be charged for the remaining licence period.
The government on Friday put on hold the preferential market access (PMA) policy that provided for sourcing of sensitive telecom and electronic equipments and technology from domestic manufacturers over security concerns.
The highest number of requests are in Karnataka (39.18 million) and Tamil Nadu (35.56 million).
Reliance Jio had proposed that besides satellite connectivity, In-Flight Connectivity can be provided using cellular network as well.
Of late, net neutrality has generated much debate.
Poor quality of education is one of the most important reasons for high unemployment in India, says Kavita Nigam.
The Department of Commerce alleged that Huawei was engaged in activities that are contrary to US national security or foreign policy interest.
Wipro Technologies has set up a separate group within its Telecom and Product Engineering practice to aggressively tap the opportunities in the telecom service providers' space.
In the not too distant future, you could see 5G technology being used for functions such as remotely-performed robotic surgeries, mine equipment operated remotely or cars driven by someone sitting hundreds of miles away. While these ideas will certainly find application globally, the urgent need for them in India could spur swifter adoption here than elsewhere.
Performance is considered a major reason why Ravi Shankar Prasad might have had to leave telecom.
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