Consolidated EBITDA came in at Rs 8,265 crore.
Microsoft has spent close to $4.5 bn in setting up 19 data centres.
Availability of Wi-Fi is also expected to provide local airlines an additional source of revenues amid stiff competition in the fast growing Indian aviation market.
Nearly 665 million Indians or 45 per cent of the rural population did not have access to the internet as of 2023. Difficulty in understanding internet procedures, insufficient awareness of its benefits, and a lack of interest have emerged as the top reasons for a gap in internet penetration in rural India, according to a joint report by the Internet and Mobile Association of India (IAMAI) and Kantar. "The proficiency of English in rural India is very low. While we have content in Hindi, the internet is English-heavy.
Consumers worldwide overwhelmingly are ready to share their personal information to get better services from their doctors, bank and retailers, but they are cautious about how they share.
Let's take a look at nations that have most extensive fixed and mobile Internet connections.
Beware, it's not just criminals who want your data!
India's smartphone shipment grew by 11.5 per cent in the first quarter of calendar year (CY) 2024 on a year-on-year basis to 34 million units. This is the third consecutive quarter of growth in shipments, International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker said.
India has become world's 2nd largest mobile phone: Modi
RJio will further add bottomline pressures on the already struggling telcos that will ultimately be forced to consolidate
Mobile internet penetration has grown thanks to affordable data costs, investments in content and evolution of monetisation avenues
In a statement, the department of consumer affairs said about 18,000 kg of tomatoes were sold across Delhi-NCR to retail consumers.
'In the next 15-20 years, India will have at least 50 new (AI-driven) billion-dollar companies that are going to solve problems for the largest companies around the world.'
Despite a 3 per cent dip in global mobile phone sales to 428 million units in the third quarter, smartphone sales jumped a full 47 per cent, according data released by research firm Gartner.
This year will be the one when GenAI becomes a part of the daily lives of people around the world.
The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...
One should use the mobile with needed discipline, advises Dr Karthiyayini Mahadevan.
Nextbillion Technology (Groww), the venture capital-backed broking platform, has dislodged Zerodha Broking as India's largest brokerage in terms of number of active clients. Groww had 6.63 million active clients at the end of September, as against Zerodha's 6.48 million, ending the latter's long run at the top. AngelOne and RKSV Securities (Upstox) were ranked third and fourth with 4.86 million and 2.19 million active clients, according to data available on the National Stock Exchange (NSE).
A court in New Delhi on Friday extended by five days the Enforcement Directorate (ED) custody of Aam Aadmi Party leader Manish Sisodia who has been arrested in a money laundering case related to the Delhi excise policy.
Indian telecom operators are tuning in to digital music as an alternative revenue stream, with income from traditional modes starting to dry up.
Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.
The proposal -- aimed at tackling issues related to anonymity of users in the fast-growing social media space -- has been mooted for the first time as part of the amendments likely to be made to the existing IT intermediary rules, the source said. Social media companies with more than 50 lakh users in India will be categorised as significant social media intermediaries. These companies will also have to comply with stricter obligations, including traceability of users, under the revised rules, the source said.
Sengathir said that during the interrogation Narendra Kumar said that about two years ago, he came in contact with an account running in the name of "Poonam Bajwa" on Facebook.
The bank has over 1.15 crore registered mobile banking customers.
Mobile operators awaiting for spectrum availability from the defence ministry to start 3G mobile services may be disappointed to know that armed forces are far from vacating any radio waves in the near future
This move gives Airtel and Chinese major immense benefits.
Indian economy, dubbed the fastest growing major economy in the world, is faced with the single most important pressure point of job creation, says former RBI Governor Raghuram G Ranjan as he makes a strong case for improvement of human capital through skill development. Talking about the book 'Breaking the mould: Reimagining India's economic future', written jointly by him and Rohit Lamba, assistant professor of economics at Pennsylvania State University, Rajan said one of the greatest strength of India is its human capital of 1.4 billion and the question is "how do you make it strong?" The nation needs to create jobs at every level going along the path of development, said Rajan, presently Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth, USA.
Companies like public sector New India Assurance, one of the largest general insurers, and private Cholamandalam M S General Insurance, part of the Murugappa group, have already launched their mobile apps that enable customers to renew their policies or buy new ones.
All the three companies, which dominate India's mobile services market with about 53 per cent share, have reduced the quantum of Internet download and/or validity periods on various packages they were offering, as per their websites.
India doubled its exports of smartphones to $11.1 billion (about Rs 91,000 crore) in 2022-23 (FY23) over the previous year's figure of $5.48 billion (Rs 45,000 crore), thanks largely to the Apple juggernaut, according to data from the India Cellular and Electronics Association (ICEA). Union Minister for Communications, Electronics & IT Ashwini Vaishnaw said: "With the doubling of exports of smartphones to over Rs 90,000 crore, India is well on its way to becoming a leader in the global mobile device market." On the flip side, despite the government prodding Chinese companies to export more, their smartphone shipments fell steeply by 26 per cent from $214 million in FY22 to $157 million in FY23.
Delhi Chief Minister Arvind Kejriwal on Friday said pollution levels declined in the national capital due to government initiatives as he announced a 15-point winter action plan to curb pollution.
Many of India's fintech entities and banks have stored all their customer data in India; however, many do use foreign servers, for operations, providing services and for data analytics.
A panel of Union ministers will hold a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including loan waiver and bringing an ordinance on giving legal guarantee to a minimum support price (MSP) for crops.
The Mubble app helps users track and control their mobile data usage and telecom spends.
ATS has found that Labhshankar Maheshwari, a native of Pakistan who was granted Indian citizenship in 2005, had agreed to be part of the conspiracy to expedite the visa process for him, his wife and two other family members wanting to visit the neighbouring country to meet relatives.
Tata Electronics' Rs 91,000 crore semiconductor fab in Dholera, Gujarat, in partnership with PSMC, will generate over 20,000 direct and indirect skilled jobs in the region and construction of the mega unit is expected to begin this year, according to a statement on Thursday. The planned unit - India's first commercial fab, marks Tata Electronics' entry into the global semiconductor industry. Tata Electronics said it is "proud to lead India's entry into global semiconductor fabrication".
The defence ministry has signed a memorandum of understanding with the Ministry of Communications and Information Technology under which the armed forces will immediately release 10 MHz of 3G spectrum and 5 MHz of 2G spectrum.
Apps that offer location-based services, like Foursquare or maps, can be turned off when not required.
People use Internet on smartphones, using apps which use their data to provide tailor-made services
