The Department of Consumer Affairs officials last week discussed the proposed guidelines at a meeting with officials of the Department of Telecommunications (DoT) and Telecom Regulatory Authority of India (Trai), as well as executives from Reliance Jio, Bharti Airtel, Vodafone Idea, Bharat Sanchar Nigam (BSNL) and industry association COAI.
The analysts, however, cautioned that Vi would need to give about Rs 22,000 crore of bank guarantees (BGs) to the government on completion of payment moratorium on regulatory payouts in September 2025, which would again sharply increase the telco’s bank exposure in coming years. Over the past two years, Vi had managed to sharply cut bank debt to Rs 4,500 crore currently.
Tata Electronics has hired 50-60 top-level expatriates in recent months, leveraging their extensive expertise in semiconductor technology, strategic planning, and design to bolster its business.
Apple exports a bulk of its total India production. In FY24, Apple’s total production in India touched $14 billion (Rs 1.2 lakh crore). The company’s exports crossed $10 billion (Rs 85,000 crore). Both these figures were the highest achieved by any company in India till date for a single financial year.
Corporate India is actively seeking cybersecurity professionals amidst rising concerns over data breaches, evolving regulatory requirements, and the emergence of advanced artificial intelligence platforms. To address vulnerabilities in security controls and processes, companies are bolstering their cybersecurity teams across various domains.
The internet startups and industry body IBDF accuse Google of using its dominant position to discriminate against certain apps by charging a commission of 11-30% from them for listing on its app store, while exempting some others from the levy. The Competition Commission, however, said the petitioners had not made out any case that warranted the grant of interim relief restricting Google from charging the commission or fee.
Nearly every Chinese smartphone brand saw shipments grow in the March quarter - Xiaomi was up 28% year-on-year driven by a leaner and streamlined portfolio and proactive offline channel strategy. Those of Motorola surged 58% year-on-year, driven by demand for attractive designs and a smooth Android experience which the brand has leveraged, said market trackers.
Reliance Jio and Bharti Airtel's net worth has seen significant improvements since the last spectrum auction in August 2022, while Vodafone Idea's negative net worth has widened. The upcoming auction on June 6 will see the three telecom players competing for Rs 96,317.65 crore worth of 5G airwaves. Reliance Jio's net worth as of March 31, 2023, was Rs 2,15,992 crore, Airtel's net worth rose to Rs 86,260 crore by December 31, 2023, and Vodafone Idea's net worth registered a negative of Rs 1,16,886 crore.
Rajdip Gupta, managing director and chief executive of RML, who will now lead the Proximus group’s global CPaaS business said, he finds immense cross-selling and business development opportunities for RML’s products in regions like Australia, LATAM and Europe.
Another person said once NSCS gives its views, the government will frame terms and conditions around security and, if required, inputs from Telecom Regulatory Authority of India (Trai) will also be sought.
The Fire TV Stick 4K, powered by a 1.7 GHz quad-core processor, offers fast 4K content streaming, seamless navigation, and quick app launch. The device supports Wi-Fi 6-compatible routers and 5GHz and 2.4GHz Wi-Fi bands, enabling customers to stream content at different internet frequencies.
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