You are here: Home » Companies » News
Business Standard

IMC 2017 full coverage: Mukesh Ambani says data is the new oil for India

The inaugural edition of the India Mobile Congress, in New Delhi, will see rivals in the telecom market -- Mukesh Ambani, Sunil Mittal, Kumar Mangalam Birla -- sharing the stage

BS Web Team  |  New Delhi 

IMC 2017

The inaugural edition of the three-day India Mobile Congress, being held in New Delhi from September 27 to 29, saw Reliance Industries Chairman referring to data as the new oil for the Indian economy. On the first day of the event, Mukesh Ambani, Sunil Mittal and -- rivals in India's telecom services market -- shared the stage and mae special addresses, along with Vodafone Group CEO Vittorio Colao. 

The much-anticipated event on Day 1 is to also see addresses by Union Petroleum & Natural Gas and Skill Development and Entrepreneurship Minister Dharmendra Pradhan, and Union Electronics & IT and Law & Justice Minister Ravi Shankar Prasad.

Here is Business Standard's full coverage of events and from the 2017:

UK eyes partnerships with Indian telcos, Digital India

The UK's Department for International Trade (DIT) is partnering at the first ever Indian Mobile Congress (IMC) 2017, bringing a strong delegation of eight UK technologies and specialists, including Cobham, Culture Group, Inmarsat, Kloudpad, Kumulos, SysMech, Third Space Auto Ltd and Inspired Mobile. Read more

Data is the new oil, India has it in abundance, says Mukesh Ambani

Addressing the inaugural edition of the on Wednesday, Reliance Industries Chairman said data was the new oil, and India did not need to import it. The country only needed to ensure every Indian had access to data. Ambani also said that the Indian economy would grow from $2.5 trillion to over $7 trillion over the next 10 years to become one of the top 3 economies in the world. Growth in India's mobile data market, he said, was unparallelled in the world. Read more

Govt has to decide if it wants coexistence of 2G and 4G: Idea MD

MD Himanshu Kapania used the IMC platform to raise the ongoing issue of financial stress in the sector and lambast sectoral regulator Trai over the current reduction in interconnect charges. Speaking during the CEOs' conclave, Kapania said the government needed to decide if it wanted only forward-looking technologies or a coexistence of 2G and 4G. He said Trai had forced the industry to a level where only 4G could survive. Read more

Merger with Idea to be completed in 2018: Vodafone CEO Sunil Sood

The merger of and was on track and was expected to be completed in calender year 2018, MD & CEO Sunil Sood said on the sidelines of the inaugural in New Delhi. Asked if the merger of the two telecom firms was on course, Sood said "Absolutely." Stating that the merger process goes through various stages, including approvals from the CCI, Sebi, the NCLT and the telecom department, Sood said: "We feel all of them are on track and in fact, we are going ahead on schedule." Read more
to span out as global event: Telecom Minister

on Tuesday said the Department of Telecommunications (DoT) would organise the every year which would emerge as a global event in the years to come. "We want to organise every year. We expect that it will emerge as a global event in years to come," Sinha said. Read more

MediaTek to showcase India-specific chipsets at Indian Mobile Congress

Taiwan-based fabless semiconductor company MediaTek will showcase chipsets specific to the Indian market at the three-day Indian Mobile Congress. Of these, the Helio P23, which was announced globally last month, will make a formal entry into the market. It is believed the company would launch at least one more entry- to mid-level chipset, customised for the Indian consumer’s requirement of “valuable premium experience”, including dual camera, dual SIM usage and edge-to-edge screen setup. Read more

Ambani, Mittal and other telecom leaders to share dais at Mobile Congress

Reliance Jio Chairman will share the stage with other telecom czars of Airtel and of at the here on Wednesday. Vodafone Chief Vittorio Colao will not be present in person, but will join other telecom leaders for the inaugural session through video link. Read more

First Published: Wed, September 27 2017. 12:41 IST