Tech, Media & Telecom

Infosys Co-Founder S D Shibulal Hikes His Stake, Buys Shares Worth Rs 100 Crore

Infosys Co-Founder S D Shibulal Hikes His Stake, Buys Shares Worth Rs 100 Crore

Edited by Abhishek Vasudev | Thursday May 13, 2021

S D Shibulal bought 7,58,755 shares of the company amounting to Rs 100 crore in a block deal transaction from Kumari Shibulal.

India Doesn't Name Huawei Among Participants In 5G Trials

India Doesn't Name Huawei Among Participants In 5G Trials

Reuters | Tuesday May 04, 2021

Major carriers Reliance Industries' Jio Infocomm, Bharti Airtel, and Vodafone Idea will conduct the trials along with state-run MTNL in urban, rural, and semi-urban areas

5G Spectrum Trials Approved By Government; No Chinese Tech For Trials

5G Spectrum Trials Approved By Government; No Chinese Tech For Trials

Edited by Abhishek Vasudev (With inputs from PTI) | Tuesday May 04, 2021

The list of telecom gear makers approved for trials include Ericsson, Nokia, Samsung, C-DOT and Reliance Jio's indigenously developed technologies.

Historic Boom For India Tech As Six Startups Become Unicorns In Four Days

Historic Boom For India Tech As Six Startups Become Unicorns In Four Days

Saritha Rai, Bloomberg | Monday April 12, 2021

It was an historic week for India's technology industry. In the space of four days, the country minted at least six new startups with a valuation of $1 billion or more.

ShareChat Raises $502 Million From Snap, Twitter; Valuation Tops $2 Billion

ShareChat Raises $502 Million From Snap, Twitter; Valuation Tops $2 Billion

Reuters | Thursday April 08, 2021

The funding was led by US venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ShareChat said.

Cabinet Approves Rs 4,500 Crore PLI Scheme To Boost Solar Equipment Manufacturing

Cabinet Approves Rs 4,500 Crore PLI Scheme To Boost Solar Equipment Manufacturing

Press Trust of India | Wednesday April 07, 2021

The PLI scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore.

Reliance Jio To Use Bharti Airtel's 800 MHz Spectrum In Andhra Pradesh, Delhi, Mumbai

Reliance Jio To Use Bharti Airtel's 800 MHz Spectrum In Andhra Pradesh, Delhi, Mumbai

Edited by Nikita Prasad | Tuesday April 06, 2021

With the trading of right to use spectrum, Reliance Jio will have 2X15MHz of spectrum in the 800MHz band in the Mumbai circle and 2X10MHz of spectrum in the same band in Andhra Pradesh, Delhi circles

RBI Orders MobiKwik To Urgently Probe Alleged Data Leak: Report

RBI Orders MobiKwik To Urgently Probe Alleged Data Leak: Report

Reuters | Thursday April 01, 2021

MobiKwik has faced growing criticism this week for denying a leak many customers and digital rights activists say is linked to the company's database.

India Emerging As Asia's Top Fintech Hub: RBI Governor Shaktikanta Das

India Emerging As Asia's Top Fintech Hub: RBI Governor Shaktikanta Das

ANI | Thursday March 25, 2021

Das said the increased use of digital payments brought about by Covid-19 can fuel a rise in digital lending in the current decade as companies accumulate consumer data and enhance credit analytics.

Google Payments Chief Caesar Sengupta Quits After 15 Years At Company

Google Payments Chief Caesar Sengupta Quits After 15 Years At Company

Reuters | Monday March 22, 2021

He was also one of the key people behind the launch and success of Google Pay in India and helped the payment app's relaunch in the U.S. and Singapore.

Spectrum Auction Concludes With Rs 77,815 Crore Bids, Reliance Jio Emerges Top Buyer

Spectrum Auction Concludes With Rs 77,815 Crore Bids, Reliance Jio Emerges Top Buyer

Press Trust of India | Tuesday March 02, 2021

Reliance Jio Infocomm Ltd said it acquired the right to use spectrum in all the 22 circles or zones across India. In all, it won 488.35 MHz of spectrum, taking up its spectrum footprint by 55 per cent to 1,717 MHz

Here's How Production Linked Incentive Scheme Will Affect 10 Key Sectors

Here's How Production Linked Incentive Scheme Will Affect 10 Key Sectors

Edited by Nikita Prasad | Thursday February 25, 2021

With an aim to boost domestic manufacturing and cut down import bills, the government introduced the PLI scheme, to provide incentives on incremental sales from products manufactured in domestic units.

What Is Production Linked Incentive Scheme? Here's All You Need To Know

What Is Production Linked Incentive Scheme? Here's All You Need To Know

Edited by Nikita Prasad (With inputs from Agencies) | Wednesday February 24, 2021

The PLI scheme is conceived in a manner that incentives are payable by government only after the investment has been done, employment has been generated, production and sales targets have been met.

Cabinet Approves Rs 7,350 Crore Plan To Boost IT Product Exports

Cabinet Approves Rs 7,350 Crore Plan To Boost IT Product Exports

Edited by Nirmalya Sen | Wednesday February 24, 2021

IT Sector: The production-linked incentive plan, which provides manufacturers cash-backs, will help India export IT goods worth Rs 2.45 lakh crore

Bharti Airtel, Qualcomm Tie Up To Provide 5G Services In India

Bharti Airtel, Qualcomm Tie Up To Provide 5G Services In India

Edited by Abhishek Vasudev | Tuesday February 23, 2021

Telecom operator Bharti Airtel said on Tuesday it will collaborate with US chipmaker Qualcomm to roll out 5G services in India.