TECHNOLOGY
Dixon plans to manufacture display modules, finalises technology partner for JV
The company is targeting to create a capacity of almost 25 million in the Delhi NCR region in the first phase. The capex for this is going to be almost $30 million without land and building.
TELECOM
Jio deposits Rs 3,000-crore earnest money for spectrum auction, Airtel Rs 1,050 crore
In the previous spectrum auction, the telecom department received an earnest money deposit of Rs 21,800 crore
TELECOM
Airtel scouts for potential acquisitions in B2B space; eyes deep strategic alliances with top companies
Airtel said it is currently operating private 5G networks for eight to nine private networks, though it described the opportunity in this space as "niche."
TELECOM
Glad to see Vodafone Idea raise money; India to benefit from 3 strong private telcos, says Airtel's Gopal Vittal
Bharti Airtel managing director says India has been a 'brutally competitive' marketplace ever since the company has been around
BUSINESS
Bharti Airtel says 'tariff repair' needed in telecom; wants participation from all telcos
Airtel said it has stopped all investments in 4G, and the entire capacity enhancement is now only happening in 5G services.
TELECOM
DoT issues advisory against fake calls threatening mobile disconnection
The DoT also issued an advisory about WhatsApp calls from foreign-origin mobile numbers (like +92-xxxxxxxxxx) impersonating government officials and duping the people.
TECHNOLOGY
Chipmaker Intel to work closely with India's AI mission; to focus on local supply chain creation
Intel recently launched its new artificial intelligence chip, the Gaudi 3, to challenge Nvidia's dominance in AI semiconductors. It has commercial deals with Bharti Airtel, Infosys, Ola/Krutrim to deploy the Gaudi accelerator solutions in India
BUSINESS
Bharti Hexacom Q4 results: Net profit up 10% at Rs 223 crore, declares dividend of Rs 4 a share
Bharti Hexacom Q4: The company’s revenue came in at Rs 1,868 crore against Rs 1,733 crore in the year-ago period
TECHNOLOGY
Chinese smartphone brands see value market share shrink as Apple, Samsung woo buyers
The cumulative value market share of Chinese smartphone brands - Xiaomi, Vivo, Oppo, Realme, Transsion, Motorola - declined to 54% in the March quarter compared to 65% in Q1 of 2020, as per Counterpoint Research’s latest report.
TELECOM
Airtel inks deal with Google Cloud to accelerate cloud adoption, deploy Generative AI solutions
Through this collaboration, the two companies are targeting the large and growing Indian public cloud services market, which is expected to reach $17.8 billion by 2027, according to IDC.
TECHNOLOGY
Chinese smartphone brands set to lead rebound in India’s tablet market
During the COVID-19 pandemic, the tablet market witnessed growth due to higher content consumption and creation, and an increase in use cases, like e-learning and video communication, which drove the demand for larger-screen devices.
TELECOM
Govt directs telcos to block 28,200 mobile phones used in cybercrimes; re-verify 20 lakh mobile connections
The Department of Telecommunications (DoT) further analyzed and found that a staggering 20 lakh numbers were used with these mobile handsets.
TELECOM
Vodafone Idea ready for a new chapter of growth and innovation: CEO Akshaya Moondra tells customers
In the letter, Moondra informed Vodafone Idea customers about the telco’s recently concluded Rs 18,000-crore follow-on public offer (FPO).
TECHNOLOGY
Smartphone market to grow 7-8% in 2024 on 5G devices, premium pricing: Analysts
Analysts expect smartphone brands to hike the prices of their devices on the back of rising component costs. Brands are also investing in offline retail presence, which is driving costs
TECHNOLOGY
Vivo leads India's smartphone market in Q1; Apple top premium brand
In the January-March period, Vivo cornered a 19 percent share of the smartphone market driven by its 5G leadership, followed by Xiaomi at 18.8 percent and Samsung at 17.5 percent
BUSINESS
Vodafone Idea to clear vendor dues by next fiscal; plans to sell premium 5G plans: Analysts
The telco is also confident of increasing its ARPU further by continuously upgrading its subscribers from 2G to 4G. It expects to be 5G-ready by the end of FY26 and thereby onboard more customers, thereby upselling premium plans.
BUSINESS
Sterlite Technologies reports consolidated loss of Rs 82 crore in Q4
The company's consolidated revenue from operations declined about 39 percent to Rs 1,140 crore during the quarter from Rs 1,872 crore in the March 2023 quarter.
BUSINESS
Digitisation across sectors to drive growth in 2024; manufacturing unit to go live later this year: Cisco India President
Cisco's new manufacturing facility on the outskirts of Chennai will go live in the latter half of this year and will be able to generate $1 billion in domestic production and exports in the short term.
BUSINESS
Startups urge DoT not to discontinue telecom R&D finance scheme
DCIS, which came into effect in 2021, was the first scheme providing R&D funding support for domestic design-led telecom in the private sector.
BUSINESS
Ericsson, Nokia seek to replace Chinese rivals as Vodafone Idea upgrades 4G network
European vendors Nokia and Ericsson will face some competition from American vendor Mavenir and South Korea’s Samsung which have been running pilots of OpenRAN and vRAN technologies, respectively, in a few circles.
BUSINESS
CG Power and Industrial Solutions expects OSAT business to generate revenues in next 4 years: MD
The estimated investment in the project over five years is Rs 7,600 crore and the same is expected to be funded by a combination of government subsidies, equity contribution and potential bank borrowings as required, the company said.
BUSINESS
Netweb in talks with govt for AI sovereign cloud, manufacturing under NVIDIA deal to start in Q1: says CMD Lodha
The domestic server and high-end computer maker will start manufacturing Nvidia GH200 super chip-enabled systems this quarter, Netweb CMD Sanjay Lodha has said. The company expects the AI Mission and Nvidia tie-up to drive AI systems business
TECHNOLOGY
Apple's iPhone shipments will surge 20% in India, outpacing market in 2024, say experts
Apple shipped around 10 million iPhones in India in 2023 and cornered 7 percent of the market, according to data from Counterpoint
BUSINESS
Trai's caller ID service recommendation to help Truecaller reach out to more users: India MD
Truecaller, which has done three acquisitions in India to date, is open to more acquisitions in the country to bolster its offering, the India MD said.
