Page 27 - Telecom Sector

Govt to consider up to 20 times incremental sales value for telecom PLI

Telecom gear makers will need to achieve at least 3 times higher value in sales compared to the investment they are required to make in their plant, other than land and building

TRAI invites suggestions on encouraging R&D in telco, broadcasting sectors

Sector regulator TRAI on Wednesday invited suggestions from industry, academia and public on encouraging Research and Development in telecom and broadcasting sectors. The Telecom Regulatory Authority of India (TRAI) has sought stakeholder inputs by March 15, on the issue, according to a statement. TRAI conducted an online brainstorming session on 'encouraging research and development in telecom and broadcasting sector' on Wednesday with academia, industry and institutions, it said. TRAI Chairman P D Vaghela, who chaired the session, highlighted the importance of indigenous R&D in telecom and broadcasting sectors, which will boost domestic manufacturing, and offset equipment imports in these sectors. The TRAI chief said that telcom and broadcasting sectors have a great potential and will play an important role in making India a USD 5 trillion economy. Suggestions received during the deliberation included incentivising R&D efforts in India, need for structured approach to create

Top headlines: Automatic nod for China FDI, Govt eyes Rs 6,200 cr in AGR

After being relegated to the second spot in the previous two fiscal years, China again became India's biggest trading partner in the first nine months of FY21. Read top stories with Business Standard

Govt eyes Rs 6,200 crore in AGR dues from Airtel, Voda Idea by March 31

DoT says 10% of the outstanding on day of SC verdict last year has to be paid by Airtel, Vi

Airtel to decide on foreign currency bonds post meet with investors

The firm said it will meet global fixed income investors on or after February 23

Top headlines: Rich PF investors may opt for debt funds, GST slab merger

Following the backlash it received for the update to its privacy policy in early January, WhatsApp will now let users take a better look at the changes that have been proposed. Read top news here

Tejas Networks gains 10% on government nod to PLI scheme for telecom sector

The PLI scheme for telecom gear will lead to an incremental production of around Rs 2.4 trillion, with exports of around Rs 2 trillion in the next five years

Top headlines: Sebi eases listing rules for large IPOs, Bitcoin hits record

A month into the Covid-19 immunisation drive, as many as 21 states and Union Territories (UTs) have not administered a single shot of Covaxin from Bharat Biotech. Read top news with Business Standard

Bharti Airtel buys Warburg Pincus' 20% stake in DTH arm for Rs 3,126 crore

Airtel, which is locked in a fierce competition with Reliance Jio in the telecom space, aims to align the ownership of its consumer-facing businesses, with the Warburg Pincus transaction

Cabinet approves over Rs 12,000-crore PLI scheme for telecom sector

Scheme on telecom products will be implemented from April 1

Industry cheers PLI for telcos; says new scheme to spur jobs, production

Industry body COAI lauded the move saying telecom is the backbone of a digitally-connected India and the initiative will further boost local manufacturing and create job opportunities

Top headlines: Govt okays PLI scheme for telcos; Ramani wins #metoo fight

The Hinduja family paid a premium to boost its stake in IndusInd Bank. More on that story and other headlines.

Fundraising on track and tariff hike at right time, says Vodafone Idea

The operator posted Rs 4,532 crore net loss in Q3FY21 on the back of flat revenue growth and gains from stake sale in Indus Towers

Tariff hikes by telcos set to ring in revenue growth in FY22: ICRA

ICRA expects total industry debt to remain elevated at Rs. 4.7 lakh crore as on March 31, 2022

Vodafone Idea trims loss in subscriber base, lags in ARPU growth

4G subscribers saw an addition of 3.6 million to 109.7 million

Strong performance by Jio, Bharti to buoy telecom growth for FY21: Fitch

The Indian telecom industry's mobile segment is expected to log EBITDA growth of at least 40 per cent in the current fiscal year, higher than 25 per cent in 2019-20

Bharti Airtel back in the black, posts Rs 854-crore profit in Q3

India unit still in losses; ARPU up, lower than Jio

December quarter post-tax profit at Airtel's Africa arm up 13% to $116 mn

Revenue rises 14% to $2,870 mn; Mobile money revenue up 41%, data revenue rises 27% in constant currency terms

Bumpy ride: Automakers hit reverse gear, BSE Telecom index down 2.9%

In comparison, the benchmark Sensex closed the session with losses of 1.26 per cent. This was the worst show by the auto index in the last three months

Keeping competition alive

CCI's suggestions on telecom are timely