LOK-SABHA-ELECTION
‘It's like coming full circle': Jyotiraditya Scindia after taking charge as telecom minister
The India Post and telecom divisions have a "tremendous role to play" at the local, as well as, at the global level, Scindia adds.
TELECOM
Telcos turn to monetisation from market share as Jio, Airtel complete city coverage: Analysts
In terms of 5G monetisation, Jio seems to be making progress with its Fixed Wireless Access (FWA) broadband service, JioAirFiber, across the country
TECHNOLOGY
What Chandrababu Naidu's return means for Andhra's electronics manufacturing industry
Naidu, who is widely credited with ushering the IT revolution in the state in the late 1990s, is expected to make a similar push for the budding electronics industry
BUSINESS
DRI clarification on display assembly components to prevent unnecessary industry litigation: Mobile handset players
As per the DRI nitifcaion, input components attached to display assembly of a mobile phone now attract a combined import duty of 10%, clearing the ambiguity surrounding duty calculations for over four years now.
TECHNOLOGY
Top handset body wants new govt to bring robust policy framework to quadruple electronics sector's output in 5 years
ICEA, which represents Apple, Foxconn, Dixon, Xiaomi, Oppo, Vivo and other mobile handset makers and electronics manufacturers, said that the focus of the new government should be to build Indian Champion companies
BUSINESS
Exclusive: Dixon ready for more M&A opportunities to grow mobile business; set for component play: MD Atul Lall
With top Android brands like Samsung, Xiaomi, Realme, Motorola and Transsion-Ismartu brands like Techno, iTel, and Infinix, Dixon is targeting to corner 40-45 percent of the total EMS outsourcing opportunity in India.
TECHNOLOGY
Top chip and electronics body to present sector blueprint to new government
In the previous term, which officially ended on June 5 with Prime Minister Modi tendering his resignation, the government had announced a $10-billion (Rs 76,000 crore) semiconductor package which has been allocated to players like the Tata Group, CG Power, Micron for chip plants
BUSINESS
India Inc pitches for consistency in policy making despite complexities of coalition rule
Expects the new government to persist in prioritizing infrastructure spending and bolstering domestic manufacturing in crucial sectors through initiatives like production-linked incentives.
TELECOM
Telecom tower, infra companies dial DoT to seek help in curbing rampant equipment theft
DIPA’s director general Tilak Raj Dua said that a robust telecom infra, including 5G implementation, is essential to enable ubiquitous connectivity and connect the unconnected.
BUSINESS
Component manufacturing, domestic players to help drive India's EMS industry: Analysts
Over the past decade, electronic components manufacturing in India grew at 13% CAGR, trailing the overall electronic manufacturing industry growth of 19% CAGR.
BUSINESS
India’s budding semiconductor industry braces for talent crunch, looks for ways to close the gap
The industry's rapid growth, according to experts, is expected to exacerbate the manpower shortage, with an estimated gap of 2.5 lakh to 3 lakh skilled workers across the semiconductor production chain over the next five years.
TELECOM
Fibre broadband company ACT makes strategic investment in telecom startup Aprecomm
ACT Fibernet will integrate Aprecomm’s advanced technology into its Wi-Fi products roadmap. This will provide real-time network visibility into Wi-Fi performance and enable rapid, proactive resolution of last-mile connectivity challenges.
TECHNOLOGY
Vivo set to launch first foldable smartphone in India, intensify battle with Samsung
The XFold 3 Pro, made at its new Greater Noida factory, will see Vivo go head-to-head with Samsung, which leads the premium segment in India and across the world
TELECOM
Vodafone Idea signs deal with Netflix to launch prepaid plans; postpaid offering soon
The telco claimed that it is the only telecom operator to offer a Netflix Basic proposition at an attractive price point of less than Rs 1000 bundled with a prepaid plan.
BUSINESS
Telecom industry revenues likely to grow in double-digits over FY 24-26: Analysts
The industry’s revenue growth will be faster than nominal GDP in the next four years, probably the only country to see such a trend, analysts added.
TECHNOLOGY
Transsion aims to break into Top 5 smartphone brands in India, go big on exports: India CEO
The Chinese company is counting on its three brands —Tecno, Infinix, and iTel— for the expansion push. The bulk of of its smartphone business will come from Tecno brand, with products priced between Rs 7,000 and Rs 70,000, Talapatra said.
TELECOM
Bharti Airtel may be biggest spender in 2024 spectrum auction with Rs 10,400-cr outlay: Analysts
Bharti Airtel’s Earnest Money Deposit (EMD) makes it eligible to bid for a maximum of ~Rs126bn worth of spectrum. It is facing renewals in six circles Assam, Bihar, J&K, Orissa, UP East and West Bengal.
BUSINESS
Employee union slams BSNL over BCG revival contract; accuses management of taking superficial measures
Terming the BCG exercise as ‘futile”, BSNL’s employee union (BSNLEU) said that it has resulted in an unnecessary expenditure of Rs.132.16 crore.
TELECOM
Govt identifies 600 land parcels, buildings of BSNL and MTNL for 'outright sale'
Through land monetisation, the Centre is looking to reduce the debt of both telecom-sector PSUs. These properties could fetch the government over Rs 20,000 crore
TECHNOLOGY
Sony zeroes in on audio business to raise India revenue pie to 30%: MD Nayyar
The executive noted that the audio market is only getting competitive in the True Wireless Stereo space, which domestic brands currently dominate with their affordable products in the sub-Rs 3,000 category.
BUSINESS
Faster 5G for homes as Jio, Airtel bet big on expanding FWA broadband
Jio aims to achieve pan-India coverage for AirFiber in the first half of 2024. Rival Bharti Airtel, too, plans to expand its wireless high-speed broadband services beyond 25 cities
BUSINESS
Domestic handset maker Lava restructures board; Sunil Raina joins as director
BSNL’s former MD Anupam Shrivastava and ex Lt Governor of Andaman & Nicobar Islands and Puducherry Ajay Kumar Singh have been named independent directors
TELECOM
HCLTech to acquire certain IP, R&D assets from HPE for $225 million to bolster telecom business
As part of this agreement, approximately 1,500 employees of CTG with telecom industry experience will transfer to HCLTech in various countries -- including Spain, Italy, India, Japan and China -- to service clients globally.
BUSINESS
Ericsson India in talks with Vodafone Idea for a 5G deal: India MD
Nitin Bansal said that the Swedish telecom gear maker is bullish on the Indian market, which continues to see its 5G network expand. However, he expects the rollout pace to slow down this year following the rapid deployment by Reliance Jio and Bharti Airtel.
