DoT launches Bharat 6G Alliance to drive innovation and collaboration in 6G technology
The Department of Telecommunications (DoT) has announced the formation of the Bharat 6G Alliance,...
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Month: July 2023
Delta to acquire TB&C to strengthen its EV business portfolio
Delta Electronics, Inc. has announced the signing of a definitive agreement to purchase, through its subsidiary Delta International Holding Limited B.V., 100 per cent shareholdings of HY&T Investments Holding B.V. and its...
Read MoreEcom Express appoints Ajay Chitkara as MD and CEO
Ecom Express has appointed Ajay Chitkara as its new managing director (MD) and chief executive officer (CEO). Chitkara currently serves as the director and CEO of Airtel Business and will assume his responsibility at Ecom...
Read MoreTata Communications to acquire Kaleyra for $100 million
Tata Communications has announced that it will acquire Kaleyra Inc. for a value of $100 million. This would also mean that Kaleyra’s gross debt of $224.9 million and net debt of $149 million will be taken over by the former as...
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BSNL and ECIL ink pact to collaborate on SD-WAN, cybersecurity and smart meters
Bharat Sanchar Nigam Limited (BSNL) and the Electronics Corporation of India Limited (ECIL) have...
Read MoreMicron signs MoU with Gujarat government to set up semiconductor plant in Sanand
Micron has signed a memorandum of understanding (MoU) with the government of Gujarat to set up a semiconductor plant for the assembly and testing of chips in Sanand in Gujarat. The facility in the Gujarat Industrial Development...
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Warburg Pincus sells 0.32 per cent stake in Airtel for Rs 16.49 billion
Warburg Pincus has sold off its 0.32 per cent stake in Bharti Airtel for Rs 16.49 billion through...
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SRAM & MRAM Group to set up semiconductor unit in Odisha with Rs 300 billion initial investment
UK-based SRAM & MRAM Group has announced its plans to set up a semiconductor fabrication unit...
Read MoreZTE receives security clearance from government to supply optical transmission equipment to Vi
ZTE has received authorisation from the government to provide optical transmission equipment worth over Rs 2 billion to Vodafone Idea Limited (Vi) for the network upgradation project. ZTE along with Huawei have also submitted...
Read MoreJio to raise $1.5 billion through offshore syndicated loan
Reliance Jio is reportedly in talks with global banks to raise around $1-1.5 billion through an offshore syndicated loan to buy 5G network gear from Ericsson. The telco intends to leverage these funds to expedite the nationwide...
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