Monday, 3 October, 2022
TopicTelecom Industry

Topic: Telecom Industry

Bharti Airtel stumbles on high income tax expense, misses quarterly profit estimate

India’s second-largest telecom carrier, helmed by billionaire Sunil Mittal, posted a 2.8% fall in net income to Rs 830 crores for the quarter ended 31 December 2021.

Air India chief Rajiv Bansal appointed as Civil Aviation Secretary

K Rajaraman, additional secretary in the Dept of Economic Affairs, was also appointed as Telecommunications Secretary during a top-level bureaucratic reshuffle Wednesday.

Global investors are afraid to look at Indian telecom market. Vodafone CEO can change that

A true revival of the Indian telecom sector will require an optimistic view of the future, which is a difficult ask given the industry’s chequered past.

Govt relief package for telecom sector should end the crisis, encourage entry of newer players

ThePrint view on the most important issues, instantly.

4-year moratorium, 100% FDI via automatic route: Cabinet approves major telecom reforms

Union minister Ashwini Vaishnav said 9 structural reforms were approved in the sector, adding these measures are expected to ease the cash flow issues being faced by some people.

India could lag in 5G race if govt doesn’t make airwaves cheaper, says telecom industry body

Lowering airwaves base price has been a longstanding industry demand. However, proceeds from 5G auction, likely next year, is an important revenue source that could help spur pandemic-hit economy.

Why bankruptcy logjams make India no country for dying firms

No two bankruptcies are the same, but India’s processes for handling them have some common deficiencies. It’s still not too late to turn the bankruptcy regime into a real institution.

Radiowaves valued at Rs 3.92 lakh crore up for bidding as spectrum auctions begin

Spectrum will be offered for assignment for a validity period of 20 years. Reliance Jio, Bharti Airtel and Vodafone Idea submitted a total EMD of Rs 13,475 crore for the auctions.

CM Amarinder Singh’s appeal fails, 150 more telecom towers destroyed by protesting farmers

Protesting farmers in Punjab have vandalised and damaged a total 1,338 towers, mostly of Reliance Jio, snapping connectivity.

25 years since India made first mobile phone call, time to focus on self-reliance, Modi says

Modi requested the telecom sector to ensure greater security at all levels against threats. Mukesh Ambani called for urgent policy changes to move from 2G to 5G.

On Camera

YourTurn

File photo of Supreme Court | Manisha Mondal | ThePrint

SC ruling on hijab & Gyanvapi won’t just be limited to faith. It’ll be about our democracy

While petitions against Karnataka’s hijab ban are an opportunity to define student rights, those against Place of Worship Act can be a platform to ensure a robust law-making procedure in India.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

LCH Prachand at Jodhpur Air Base | Photo: Suchet Vir Singh, ThePrint

IAF gets indigenous Light Combat Helicopter ‘Prachand’ after 23-yr journey that began after Kargil

Manufactured by Hindustan Aeronautics Ltd, it is the first attack helicopter that can operate in Siachen. Of the 15 sanctioned, 10 will go to Indian Air Force, 5 to Indian Army.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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