Reliance Industries (RIL) has reset its battery pack production timeline, shifting it from 2023 earlier to 2024, details shared in the oil-to-telecom conglomerate's latest annual report suggest. In the FY23 annual report released on Sunday, the company has listed the start of battery pack production in 2024. A year ago, at the company's annual general meeting (AGM), Mukesh Ambani, chairman and managing director of RIL, had said, "We aim to start production of battery packs by 2023 and scale up to a fully integrated 5 GWh annual cell-to-pack manufacturing facility by 2024."
In his post, Vaishnaw said Apple has also claimed that Apple IDs are securely encrypted on devices, making it extremely difficult to access or identify them without the user's explicit permission.
The plan of action ranges from drawdown of loans to seeking additional guarantees, to even recalling some of the loans, if the situation so warrants.
Various corporate houses and multinational companies including AT&T, Russian firm Sistema, Sterlite, Hindujas, DLF, Parsavnath, Videocon and others have entered the fray to get telecom licences.
The government on Wednesday said the Mahanagar Telephone Nigam Ltd board has approved the bid for acquiring stake in Rwanda Telecom.
Company has around 70,000 towers and it will explore various business models that can realise value of its infrastructure
In the backdrop of intense competition in the sector, government on Tuesday asked telecom PSUs BSNL and MTNL to reinvent themselves to react faster on aspects like tender processes.
DB Reality and Swan Telecom promoter Shahid Usman Balwa was on Friday sent to Tihar Jail by court and remain in under judicial custody till March 3.
Amid a raging controversy over the 2G spectrum scam, Minister of State for Telecom Sachin Pilot said most of the allegations that are cropping up date back to the National Democratic Alliance regime.
Shares of telecom services providers - Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea - have shed up to 23 per cent so far in the current calendar year as growth in the wireless subscriber segment begins to plateau amid higher tariffs and rising costs of smartphones. By comparison, the benchmark S&P BSE Sensex, and sectoral index BSE Telecom have dipped 1.8 per cent, and 12.6 per cent, respectively, ACE Equity data shows. However, analysts expect the trend to reverse soon as telecom services providers focus on the next leg of growth -- fixed broadband (FBB) segment.
Telecom Regulatory Authority of India is expected to issue the final consultation paper on full unification of telecom services before the end of February.
Two regional CDMA players - HFCL in Punjab and Shyam Telecom in Rajasthan - have deposited fee for their GSM spectrum as per the dual technology permitted by the government. HFCL deposited Rs 151.75 crore (Rs 1.51 billion) for Punjab circle, while Shyam gave about Rs 32 crore for the Rajasthan circle.
ontinuing its acquisition spree in the international market, Bharti Airtel on Wednesday said the company will acquire 100 per cent stake in Telecom Seychelles for $62 million (about Rs 288 crore).
Expressing concern over frequent internet shutdown without any empirical study, a parliamentary panel has pulled up the department of telecommunications for not maintaining the record of incidents and inaction on several of its recommendations.
Eyeing overseas acquisition in a big way, the state-owned Mahanagar Telephone Nigam Ltd is likely to bid for Rwanda Telecom, which is being put on divestment by the African country.
The bulk of this money will, however, be spent on buying imported equipment, mainly from Europe and China.
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