Page 15 - Telecom Sector

VIL likely to expand network capacity in six circles via Chinese vendors

Telecom operator Vodafone Idea is in advance stages of processing order for network capacity expansion in six circles through Chinese telecom gear makers

SMS scrubbing: Faulty implementation wipes out OTPs, 40% traffic disrupted

SMS scrubbing: The failure rate was over 25 per cent among the leading private and public sector banks

Govt to amend telecom licence norms to control sourcing from China

The government is likely to amend the telecom licence that will help in controlling installation of network equipment from China and other non-friendly countries.

Extend PLI scheme to all MSMEs amid Covid-19 pandemic, says NITI Aayog

The recently announced PLI scheme for the telecom sector extended the incentives to MSMEs.

Spectrum auctions: Jio says total owned airwaves footprint up significantly

Reliance Jio said its acquired spectrum can be utilised for transition to 5G services at the ''appropriate time'', where it has developed its own 5G stack

Karnataka govt, Nasscom launch ER&D policy to foster innovation in state

50% rent reimbursement, recruitment assistance and investmengt subsidy on anvil for MNCs looking to establish new R&D facilities or expand existing ones

Airtel buys Rs 18,699-cr radiowaves; Voda acquires spectrum in 5 circles

The auction, which put on offer a total of 2308.80 MHz of spectrum worth Rs 4 lakh crore in seven bands, concluded on Tuesday, just a day after it commenced

Airtel to seek shareholders' nod to issue 3.64 cr shares to LMIL

This is to execute its deal for buying additional 20 per cent stake in its DTH arm Bharti Telemedia

Govt to consider up to 20 times incremental sales value for telecom PLI

Telecom gear makers will need to achieve at least 3 times higher value in sales compared to the investment they are required to make in their plant, other than land and building

TRAI invites suggestions on encouraging R&D in telco, broadcasting sectors

Sector regulator TRAI on Wednesday invited suggestions from industry, academia and public on encouraging Research and Development in telecom and broadcasting sectors. The Telecom Regulatory Authority of India (TRAI) has sought stakeholder inputs by March 15, on the issue, according to a statement. TRAI conducted an online brainstorming session on 'encouraging research and development in telecom and broadcasting sector' on Wednesday with academia, industry and institutions, it said. TRAI Chairman P D Vaghela, who chaired the session, highlighted the importance of indigenous R&D in telecom and broadcasting sectors, which will boost domestic manufacturing, and offset equipment imports in these sectors. The TRAI chief said that telcom and broadcasting sectors have a great potential and will play an important role in making India a USD 5 trillion economy. Suggestions received during the deliberation included incentivising R&D efforts in India, need for structured approach to create

Top headlines: Automatic nod for China FDI, Govt eyes Rs 6,200 cr in AGR

After being relegated to the second spot in the previous two fiscal years, China again became India's biggest trading partner in the first nine months of FY21. Read top stories with Business Standard

Govt eyes Rs 6,200 crore in AGR dues from Airtel, Voda Idea by March 31

DoT says 10% of the outstanding on day of SC verdict last year has to be paid by Airtel, Vi

Airtel to decide on foreign currency bonds post meet with investors

The firm said it will meet global fixed income investors on or after February 23

Top headlines: Rich PF investors may opt for debt funds, GST slab merger

Following the backlash it received for the update to its privacy policy in early January, WhatsApp will now let users take a better look at the changes that have been proposed. Read top news here

Tejas Networks gains 10% on government nod to PLI scheme for telecom sector

The PLI scheme for telecom gear will lead to an incremental production of around Rs 2.4 trillion, with exports of around Rs 2 trillion in the next five years

Top headlines: Sebi eases listing rules for large IPOs, Bitcoin hits record

A month into the Covid-19 immunisation drive, as many as 21 states and Union Territories (UTs) have not administered a single shot of Covaxin from Bharat Biotech. Read top news with Business Standard

Bharti Airtel buys Warburg Pincus' 20% stake in DTH arm for Rs 3,126 crore

Airtel, which is locked in a fierce competition with Reliance Jio in the telecom space, aims to align the ownership of its consumer-facing businesses, with the Warburg Pincus transaction

Cabinet approves over Rs 12,000-crore PLI scheme for telecom sector

Scheme on telecom products will be implemented from April 1

Industry cheers PLI for telcos; says new scheme to spur jobs, production

Industry body COAI lauded the move saying telecom is the backbone of a digitally-connected India and the initiative will further boost local manufacturing and create job opportunities

Top headlines: Govt okays PLI scheme for telcos; Ramani wins #metoo fight

The Hinduja family paid a premium to boost its stake in IndusInd Bank. More on that story and other headlines.