Page 2 - Gulveen Aulakh

Airtel Money to raise £529 million in LSE IPO at £5.3 billion valuation

Airtel Money will offer 270 million shares at £1.96 each, with trading set to begin on October 14; existing investors will sell part of their holdings in the London IPO

Cost of AI adoption may not lead to fee hike: University of Toronto chief

Melanie Woodin says operational efficiencies and tech partnerships will offset soaring computing and cybersecurity costs

Airtel an institution; next gen can decide on other biz, says Mittal

Expansion beyond British Telecom in Europe subject to finding the right candidates

Trai launches platform to rate properties on digital connectivity

Digital rating of buildings is crucial as 70-80 per cent of mobile data consumption takes place indoors; platform will help consumers make buying and leasing decisions

Vodafone Idea launches free international roaming for up to 3 trips a year

The benefit is available on select prepaid, postpaid and enterprise plans, with varying international data quotas and outgoing minutes, the company said

Belden-Ruckus Wireless to expand local manufacturing capacity in India

The company will initially manufacture Ruckus ICX Ethernet switches at Belden's 300,000-sq-ft Pune facility to meet domestic demand, with exports to be evaluated later

Airtel Money files for London IPO through offer for sale by shareholders

Airtel Africa's payments arm said existing shareholders will sell shares in the offer, with no new capital to be raised by the company

Trai mandates wider choice of voice-and-SMS-only plans for consumers

Trai said in the notification adding this will give low-income consumers more choice to recharge based on their needs and financial capacity

Asset restructuring among Tata Sons' options to avoid a public listing

One possible route would be to reduce Tata Sons' relevant asset base below the ₹1 trillion threshold for classification as an upper-layer NBFC, according to a former regulatory official

Trai tightens spam curbs, brings A2P calls under regulatory framework

Telecom service providers can levy a termination charge of up to 5 paise on carriers originating undeclared A2P calls, including robocalls and AI-based calls

Shapoorji Pallonji Group lowers entry threshold for its high-yield bonds

Earlier, wealth managers were pitching the bonds to high net worth individuals (HNIs) and ultra-HNIs with a minimum investment of Rs 10 crore and yields of up to 17.80 per cent.

Gurugram's transformation: From tehsil town to thriving business hub

Gurugram's rapid rise after liberalisation shows the power of private development, but also highlights the need for better urban planning and public infrastructure

Taking a long-term approach for luxury growth in Indian market: Hilton

Candice D'Cruz, Vice President, Luxury Brands, Asia Pacific, Hilton said that the company was not going slower compared to its global rivals

Looking into Bharti Airtel, Jio's MNP rule violation allegations: Trai

Telecom regulator asks Vi to check matter internally

Airtel, Jio allege unfair practices by Vi, seek intervention from Trai

Vi denies wrongdoing, saying it operates within existing laws and regulations; Airtel and Jio allege deceptive solicitation and hurdles to mobile number porting

Brics nations support open, safe and interoperable ICT ecosystem

Brics nations call for global common rules for supply chain security, address potential misuse of ICTs

Jio listing in spotlight as telecom players weigh tariff increases

The average revenue per user (ARPU) of major telcom companies have been on the rise over the last one year without any major headline tariff changes as customers moved to more premium data plans.

Global summits push Delhi luxury hotel demand, room rates to new highs

Brics Summit is the latest to turn the focus on the missing mid-segment

DoT clears the decks for satellite broadband services in India

Cabinet approval, security clearance needed for cos to launch commercial services

Moustache appoints PwC to raise ₹30-35 crore from family offices

The hospitality chain plans to tap family offices first and institutional investors later as it targets nearly 100 properties by the end of next year