Adani Power inks preliminary deal to offload entire stake in two subsidiaries to AdaniConnex for Rs 5.4 billion
Adani Power Limited has entered into a memorandum of understanding (MoU) to offload its entire...
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Month: January 2024
RailTel posts total income of Rs 6.75 billion during QE December 2023
RailTel Corporation of India has released its financial results for the quarter ended (QE) December 31, 2023, during its board meeting held on January 24, 2024. The company’s operating income during the quarter stood at Rs 6.68...
Read MoreAndhra Pradesh CM inaugurates 300 4G mobile towers in remote tribal areas
Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy has launched 300 4G mobile cell towers in remote tribal areas in the state. According to the state government, the towers, which were launched virtually from the chief...
Read MoreOnePlus and Jio to set up 5G innovation lab in India
OnePlus and Reliance Jio have announced plans to set up a 5G innovation lab in India for testing and developing new technologies. Both these companies aim to leverage the developing 5G ecosystem in the country and increase the...
Read MoreEquinix announces fully managed private cloud service for NVIDIA DGX AI supercomputing infrastructure
Equinix, Inc. has announced a fully managed private cloud service that enables enterprises to easily acquire and manage their own NVIDIA DGX artificial intelligence (AI) supercomputing infrastructure for building and running...
Read MoreUnion Cabinet approves MoU between India and Oman for cooperation in the field of IT
The Union Cabinet has approved a memorandum of understanding (MoU) between the Ministry of Electronics and Information Technology (MeitY) of India and the Ministry of Transport, Communications and Information Technology of Oman...
Read MoreEricsson announces leadership changes to its executive team
Ericsson has announced leadership changes to its executive team. The company has appointed its senior vice president Niklas Heuveldop as the new head of Business Area Global Communications Platform and chief executive officer...
Read MoreRoute Mobile Limited releases its financial results for QE December 2023
Route Mobile Limited has announced its financial results for the quarter ended (QE) December 31, 2023. During the quarter, revenue from operations stood at Rs 10.24 billion as against Rs 10.14 billion in QE September 2023 and Rs...
Read MoreEricsson reports results for fourth quarter and full year ended December 2023
Ericsson has announced financial results for the fourth quarter and full-year ended December 2023. During the quarter, the group organic sales for the company declined by 17 per cent year-on-year (YoY). Segment networks organic...
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Indus Towers receives Rs 3 billion against past dues in addition to monthly payments from Vi
Indus Towers Limited has received Rs 3 billion against past dues from Vodafone Idea Limited (Vi)....
Read MoreISpA submits policy recommendations for Union Budget 2024-25 to enhance financial well-being of Indian space industry
Indian Space Association (ISpA) has proposed recommendations for the Union Budget 2024-25, with a focus on enhancing the financial well-being of the industry. According to ISpA, the past year has witnessed remarkable...
Read MoreMeitY to seek Union Cabinet’s approval for Rs 100 billion India AI programme, says Rajeev Chandrasekhar
According to Rajeev Chandrasekhar, Union Minister of State for Electronics and Information Technology and Skill Development and Entrepreneurship, the Ministry of Electronics and Information Technology (MeitY) will seek the Union...
Read MoreBSNL to help government reach Rs 900 billion telecom receipts target in FY24
Bharat Sanchar Nigam Limited (BSNL) is expected to help the government reach a telecom receipts target of around Rs 900 billion for the fiscal year 2023-24 (FY24), through non-cash receipts of Rs 400 billion from the telco for...
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Airtel makes part prepayment of Rs 83.25 billion for spectrum acquired in 2015
Bharti Airtel has made a part prepayment of Rs 83.25 billion to the Department of...
Read MoreIndus Towers Limited announces consolidated financial results for QE December 31, 2023
Indus Towers Limited has announced its audited consolidated results for the third quarter ended (QE) December 31, 2023. The consolidated revenue for the quarter stood at Rs 71.99 billion, up 6.4 per cent on a year-on-year (YoY)...
Read MoreQualcomm appoints Akash Palkhiwala as CFO and COO
Qualcomm has announced the appointment of Akash Palkhiwala to the expanded role of chief financial officer (CFO) and chief operating officer (COO). In addition to his CFO responsibilities, as COO, he will now have oversight of...
Read MoreDIPA submits policy recommendations for Union Budget 2024-25 to aid development of telecom infrastructure industry
Digital Infrastructure Providers Association (DIPA) has written to Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs, seeking support for telecom infrastructure industry in the Union Budget 2024-25. DIPA has...
Read MoreVertiv launches new compact outdoor rectifier to power cell sites and 5G radio networks
Vertiv has introduced the new Vertiv NetSure IPE outdoor rectifier, to facilitate 5G rollout and enable operators to increase capacity in areas where demand for data is vast. These easy-to-deploy devices, available with...
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DoT issues show cause notices to Vi and Adani Data Networks for failure to meet 5G MROs
The Department of Telecommunications (DoT) has issued show cause notices to Vodafone Idea Limited...
Read MoreTech Mahindra appoints Rajashree R as chief growth officer for America strategic verticals
Tech Mahindra has appointed Rajashree R as its chief growth officer for strategic verticals in the Americas. Prior to the appointment, Rajashree served as the chief marketing officer at Tata Consultancy Services (TCS). She has...
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