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File photo | RIL chairman Mukesh Ambani | Sanjit Das/Bloomberg

2020 has been a forgettable year for most, but not for Mukesh Ambani and Reliance Jio

Everyone’s buying into the Reliance Jio dream for now. Big investors such as Facebook and Google are writing a cheque to own a slice of it.
File image of Reliance Industries chairman Mukesh Ambani | Photo: ANI

Intel invests Rs 1,895 crore in Ambani’s Jio Platforms for 0.39% stake

Intel Corp. has agreed to pay approximately Rs. 1,895 crore ($253 million) for a stake in the telecom giant, joining other investors like Facebook Inc., KKR & Co. and Silver Lake Partners.
A customer uses an automated teller machine (ATM) at a State Bank of India Ltd. (SBI) branch. | Photographer: Karen Dias | Bloomberg

Vodafone to NHAI to SBI to solar power — Why ‘cheapest’ mantra is creating havoc in India

Catering to the bottom of the pyramid with ‘cheap’ services has forced many businesses in India’s infrastructure sector to go belly up.
A suspected coronavirus patient shifts to the isolation ward of Safdarjung hospital after going through scanning at the airport, in New Delhi on 4 March | PTI Photo

Shyam Saran wants G20 summit on COVID-19, Annie Zaidi on what Kejriwal should have done

Today’s political, economic & strategic punditry from Stephen Roach, Shyam Saran, Pradeep Mehta, Rakesh Sood & many others.
Former IFS officer Smita Purushottam's letter doesn't mention Huawei by name, but hits out at Chinese telecom equipment manufacturers | Photo: Bloomberg

Retired Indian ambassador, telecom firms write to govt seeking ban on Chinese equipment

Former IFS officer Smita Purushottam and representatives of manufacturers have been ‘invited’ for a meeting with the Department of Telecom on 20 February.
USE this one when in doubt. Also use this one when not in doubt. Just use this.

Modi govt needs to intervene, end telecom mess. The economy can’t afford another crisis

ThePrint view on the most important issues, instantly.
A cyclist rides passed a Vodafone Group Plc logo at the company's exhibition space during the CeBIT 2018 tech fair in Hanover, Germany. | Photographer: Kriztian Bocsi | Bloomberg

Vodafone Idea faces collapse after SC refuses to give it more time to pay dues

The stunning setback now leaves few options for Vodafone Idea even as it struggles to stem record losses and rein in net debt.
B.K. Syngal

How VSNL launched internet services in India in 1995 when even China hadn’t

India's 'Telecom Man' Brijendra K. Syngal, under whose guidance internet was introduced, recounts in a new book the pains VSNL went through to set up the system.
The bills GAIL and Oil India have been slapped with are substantially higher than their net worth

Why GAIL & Oil India could sink if they are forced to pay Rs 2.2 lakh crore telecom bill

GAIL, Oil India have to pay Rs 2.2 lakh crore thanks to SC order last year that expanded AGR definition to include non-telecom revenues. Deadline for payment expires tonight.

5G story should be about Indian tech and skills, not allowing China’s Huawei in

Although Modi government has said Huawei will only participate in 5G trials, the fear is it will be difficult to stop the Chinese firm from securing contracts.

On Camera

Time to expand America’s footprint in India. A new consulate will be a good start

On the heels of the US and China closing consulates in each other’s country, the symbolism alone would be particularly significant.

Disney slashes 28,000 workers in one of biggest layoffs of Covid era

The belt-tightening move affects Disney's theme-park, cruise-line and retail businesses, and includes executives and salaried employees.

Defence

File image of the OFB pavilion at DefExpo 2016 | Representational image | Twitter | @SpokespersonMoD

Army says ‘poor quality’ Ordnance Board ammo, mines have cost India Rs 960 crore since 2014

Pointing out these shortcomings in an internal assessment, the Army has thrown its weight behind government plans to corporatise the OFB to make it more efficient.
Narendra Modi and Amit Shah | File photo: T. Narayan | Bloomberg

Partners dispensable in Modi-Shah construct if they do not bring additional votes

In the Modi-Shah construct, if partners do not bring additional votes, they are dispensable. However old or loyal, either they become supplicants, or die.