Providing services like broadband connectivity, cable TV, enterprise solutions, and payment wallets is the need of the hour for telcos, and a second wave of consolidation is upon the industry, a rating agency said on Tuesday. India Ratings and Research said the sector, which was battered following the aggressive entry of Reliance Jio, will continue showing signs of recovery amid conducive regulatory environment and maintained a "stable" outlook for the industry in FY22. The second round of consolidation (Consolidation 2.0) is kicking-in in the industry, which will bring a transformation in the business models of telecom companies, leading to the evolution of incumbents from the providers of traditional voice-only services to complete digital solutions for households, it said.
And it feels entirely different when compared to all its earlier avatars, observes Pavan Lall.
In the digital handheld domain, content is not just a uni-dimensional exercise like it is in legacy media.
'There is an insistence that the government bring about reforms if India is to succeed. The fact is that many nations have done reforms, but are not Great Powers,' says Aakar Patel.
With all the brouhaha over GST, and (often) a limited understanding of the long-term forces shaping India's logistics sector, companies seem to have omitted factoring in some underlying trends that could shape supply chain excellence, says Neelesh Mundra.
'There will be partnerships between banks and fintech firms, but there will also be areas where they will be direct competitors.'
The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.
'Is it time to think beyond the traditional questionnaire-based approach in India?' asks Atanu Biswas.
Stressing the need to make evidence-based policy formulation an integral part of governance, the prime minister said auditors must resort to technical tools to iron out any chances of fraud in organisations and give a new identity to new India.
India has helped the world discover the true potential of democracy and the keyword for the country today is compassion for the downtrodden, needy and those on the margins, President Droupadi Murmu said on Sunday.
'Lakhs of engineers graduate every year in India and the IT industry used to be the primary recruiter. That is going to end.'
Irani said the "Government of India took a series of measures for ensuring safety, security and well-being of women during the COVID-19 pandemic."
Be it for the organisation they work for, or for their own venture, if they believe in an idea, they work relentlessly towards it.
Ignore negativity, harness positive energy on social media: PM
The bank will now be in a position to resume normal lending activity, including corporate lending, with tightened risk management framework.
According to a source SoftBank is in favour of Ola acquiring the Indian unit of Uber, but the finer details of the deal are being discussed
The good news for PepsiCo is that the foods segment has normalised much faster to pre-pandemic levels than beverages.
Did you know that India is among the top five countries in food processing?
Farming and agriculture are crying out for a business model innovation, says R Gopalakrishnan.
India is today the second-largest telecom market in the world with over a billion customers and close to 600 million Internet users. New connections are available on the tap, calls are virtually free and it's hard to imagine anyone without a mobile phone today. Globally, there would be few parallels to this success story that truly democratised telephony and empowered a billion-plus people, observes Airtel's Sunil Bharti Mittal.
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
We have created centres of excellence in areas like user interface design, user experience, cyber security - all the things required to bring the solutions to the market, says N Chandrasekaran.
The preference for digital banking now cuts across all customer segments.
Modi, who was in France on the first leg of his three-nation tour, said there have been a number of constructive changes in the last five years.
There was a discussion on trade matters, market access, regulatory issues and barriers. Both leaders underlined the importance of free and fair trade
India has emerged as one of the fastest-growing economies in the world.
With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic.
Bandon Mein Tha Dum is about a team that hits rock-bottom, loses key players, has its global reputation shrink overnight, but despite all the setbacks, pulls off one of the greatest comeback victories in the history of international cricket, applauds Shailesh Karkera.
The telecom sector is in the midst of another major shift as voice gives way to data.
Online learning platforms have become go-to places for those suffocated by the current curbs on movement.
