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NEW DELHI: Delhi Public Works Department (PWD) Minister Parvesh Singh Sahib, from Wednesday, has initiated a staggered removal of Chinese Hikvision's 1.4 lakh CCTV cameras installed citywide. These will be replaced with modern and secure cameras, complying with data security norms, and supported with a robust supply and service network. The PWD has installed a total of 2,74,389 CCTV cameras across the national capital: 1.4 lakh units in the first phase, between September 2020 and November 2022 ...Read More >
NEW DELHI: India's imports of telecom equipment from China rose to $6.37 billion (about ₹59,500 crore) in 2023-24, up from $5.55 billion in 2019-20, Minister of State for Communications Chandra Sekhar Pemmasani informed the Parliament on Wednesday. Pemmasani, in a written reply to Lok Sabha, said that total imports in the telecom equipment category rose from $13.33 billion in 2019-20 to $17.01 billion in 2023-24. "The imports under the principal commodity 'telecom instruments' have increased f ...Read More >
NEW DELHI: Homegrown telecom company Tata Communications on Wednesday said it has deployed its solutions for state-controlled Bharat Sanchar Nigam Limited's (BSNL) eSIM services nationwide. Specifically, Tata Communications, through its wholly-owned subsidiary Tata Communications Collaboration Services Private Ltd. (TCCSPL), has supplied its GSMA-accredited eSIM subscription management platform - Tata Communications MOVE. The Mumbai-based company said that the platform will enable BSNL to faci ...Read More >
New Delhi: Cash-strapped Vodafone Idea (Vi) has filed a plea in the Supreme Court, seeking waiver from paying interest, penalty and interest on penalty on adjusted gross revenue (AGR) dues demand raised by the Department of Telecommunications (DoT). Vi, in its application, has sought to amend its previous petition that sought quashing of the DoT's additional AGR demand of ₹9,450 crore till FY19. The amended application is now seeking exemption from the payment of interest, penalty and interest ...Read More >
NEW DELHI: The launch of Bharat Sanchar Nigam Limited's (BSNL) indigenous 4G network has secured India's future, said a top executive of the state-controlled telecom carrier on Saturday. "The nationwide rollout of our indigenous 4G network, built on the strength of collaboration with TCS (Tata Consultancy Services), Tejas Networks, and C-DoT (Centre for Development of Telematics), is a resounding declaration of an Atmanirbhar Bharat," said Robert J Ravi, CMD, BSNL, in a statement. "The 'Made i ...Read More >
New Delhi: The initial public offer of telecom infrastructure solutions provider Pace Digitek Ltd got subscribed 16% on the first day of share sale on Friday. The IPO received bids for 44,66,240 shares against 2,76,06,555 shares on offer, as per NSE data. The quota for Retail Individual Investors (RIIs) received 18% subscription, while the portion for Qualified Institutional Buyers (QIBs) got subscribed 17%. Non-Institutional Investors category received 9% subscription. Pace Digitek Ltd on Th ...Read More >
NEW DELHI: Punjab National Bank (PNB) has signed a Memorandum of Understanding (MoU) with Bharat Sanchar Nigam Limited (BSNL) to open salary accounts for the public sector telecom carrier's employees. Under this MoU, PNB will extend its specially designed salary account offerings to the employees of BSNL, covering a wide range of benefits aimed at ensuring their financial security and convenience. The key features of salary accounts include free hospicash facility, free term insurance, free pe ...Read More >
NEW DELHI: The Department of Telecommunications (DoT) on Thursday signed a memorandum of understanding (MoU) with the Financial Intelligence Unit-India (FIU-IND) to enhance information sharing and coordination to stop the misuse of telecom resources in financial frauds and cybercrimes. FIU-IND is the central national agency responsible for receiving, processing, analysing, and disseminating information relating to suspected financial transactions and coordinating efforts against money launderin ...Read More >
New Delhi: Telecom infrastructure solutions provider Pace Digitek Ltd on Thursday said it has mobilised over ₹245 crore from anchor investors, just a day before its initial share-sale opening for public subscription. Some of the institutions that participated in the anchor include Bandhan Mutual Fund (MF) and Taurus MF, SBI General Insurance Company, Societe Generale, Saint Capital Fund, Aarth AIF Growth Fund and Nexus Global Opportunities Fund, according to a circular uploaded on the BSE websi ...Read More >
NEW DELHI: Bharti Airtel's fraud detection solution has led to a staggering 68.7% reduction in the value of financial losses and a 14.3% drop in overall cybercrime incidents on its network, the second-largest Indian telecom carrier said on Tuesday, citing data from the Indian Cyber Crime Coordination Centre (I4C) - Ministry of Home Affairs (MHA). The findings validate the "efficacy of Airtel's fraud detection solution in curbing cybercrime and creating a safe network for its customers", the tel ...Read More >
New Delhi: Union Minister Ashwini Vaishnaw on Monday said that Artificial Intelligence (AI) is going to fundamentally change every aspect of life, stressing the importance for India to be among the frontrunners in developing and adopting AI technologies. Speaking at the launch of AI for Viksit Bharat Roadmap: The Opportunity for Accelerated Economic Growth and the NITI Frontier Tech Repository, the minister highlighted that AI has emerged as the biggest technological change in recent decades an ...Read More >
New Delhi: In the first half of 2025 (H1 2025), India's consumer tablet market grew 20.5% year-on-year (year-on-year), supported by strong vendor push strategies and steady demand across e-commerce platforms, retail outlets, and online channels, a new report said on Thursday. The growth was also boosted by seasonal promotional events and Back-to-School campaigns, which helped attract buyers and drive conversions, according to data compiled by International Data Corporation's (IDC). The report ...Read More >
NEW DELHI: Techno Digital on Thursday said it has opened a new 36MW data center at SIPCOT IT Park in Siruseri, Chennai, as part of its $1 billion investment commitment to building digital infrastructure nationwide. Techno Digital is the digital infrastructure arm of publicly listed Techno Electronics & Engineering Company (TEECL). TEECL shares were trading 0.34% higher at ₹1,527.10 on the Bombay Stock Exchange (BSE) at 2:09pm on Thursday. Spanning over 200,000 sq. ft., the latest data centre ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
Shimla, Aug 14 (SocialNews.XYZ) Braving darkness, fast currents and unstable terrain, the Indian Army on Thursday said its swift response averted a potential tragedy when a sudden flash flood struck Hojis Lungpa Nala in Himachal Pradesh's mountainous Kinnaur district. The incident happened at around 7 p.m. on Wednesday. Triggered by a cloudburst in the higher reaches of the Rishi Dogri Valley, the deluge engulfed the bridge across the Sutlej River and injured one individual. The site was an ac ...Read More >
NEW DELHI: US-based Oracle is cutting jobs in its cloud unit in a bid to control costs amid heavy spending on artificial intelligence (AI) infrastructure, news agency Bloomberg reported, citing people familiar with the development. Part of the layoffs were related to performance issues; however, the cloud unit continues to hire workers, as per the report, which cited two unnamed people. Oracle has cut more than 150 jobs in the Seattle area, which is the unit's hub. The cloud infrastructure sol ...Read More >
Lucknow (Uttar Pradesh) [India], August 3 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath is closely monitoring the flood situation in Uttar Pradesh, issuing timely directives to ensure effective relief efforts. Acting on his instructions, state ministers are inspecting affected areas, while Relief Commissioner Bhanu Chandra Goswami informed that floods have impacted 37 tehsils and 402 villages, affecting 84,392 people. Of these, 47,906 have received assistance, and 2,759 animals have been ...Read More >
NEW DELHI: State-controlled Bharat Sanchar Nigam Limited (BSNL) has signed a Memorandum of Understanding (MoU) with the Numaligarh Refinery (NRL) to deploy a private 5G network for the public sector oil company, which would be India's first captive non-public network (CNPN) in the refinery sector. BSNL and NRL, in a joint statement on Sunday, said that the deployment would usher in a new era of secure, ultra-reliable, and real-time industrial connectivity, while supporting mission-critical oper ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in ...Read More >
Mumbai: Jio Platforms Ltd (JPL), which houses Reliance Industries' telecom and digital businesses, posted a nearly 25% year-on-year rise in fiscal first quarter net profit, boosted by continued addition of data users. JPL's consolidated net profit stood at ₹7,110 in the June quarter from ₹5,698 crore a year earlier, and ₹7,022 crore crore in the previous three months, the Mukesh Ambani-owned company said in a statement Friday. "I am happy to share that Jio has scaled newer heights during the q ...Read More >
Mumbai: After Tata Consultancy Services (TCS) reported a slump in its revenue due to ramp down in state-run Bharat Sanchar Nigam Ltd's 4G project, the IT services leader's equipment supplier Tejas Networks also reported a sharp impact, pulling its stock down 10% intraday on Tuesday. The top management of Tejas Networks, a Tata Group company, said on an earnings call late Monday that while an add-on purchase order was signed with BSNL for an additional 18,000 4G sites, the purchase order didn't ...Read More >
New Delhi: The central government's endeavours to develop the Indian semiconductor industry will help reduce the country's reliance on imported chips by an estimated $10 billion to $20 billion, said a report by a major consultancy firm, McKinsey. According to the firm, India must combine targeted government incentives with strategic collaborations involving global technology giants to accelerate the growth of its semiconductor industry. The consultancy highlights that such a dual approach is e ...Read More >
Mumbai: Global tech major Cisco believes that India is a "viable" hub for exports, but made it clear that it will wait for clarity on global trade policies before deciding to invest more here. The San Jose-headquartered company's chairman and chief executive Chuck Robbins said India is one of the biggest opportunities for Cisco globally, and it believes no other country in the world can deliver the growth rates that India can over the next decade. Stating that the company started manufacturing ...Read More >
New Delhi: Bollywood top actress Deepika Padukone has once again proved that she is a global icon. The actress has been chosen as a recipient of prestigious Hollywood Walk of Fame star in the coming year. Deepika has pinned India on the global map as Hollywood Chamber of Commerce honours Deepika with her star on the Hollywood Walk of Fame for the class of 2026 in Motion Pictures category. Announced over a live-stream, it becomes even more special as Deepika becomes the first Indian to receive t ...Read More >
NEW DELHI: Hewlett Packard Enterprise (HPE) on Wednesday closed the $14-billion all-cash acquisition of Juniper Networks, following receiving a key regulatory approval in the US, to pursue artificial intelligence (AI)-driven networking business opportunities, and compete strongly with its domestic counterpart Cisco. 'The combination positions HPE to capture the growing AI and hybrid cloud market opportunity by creating an industry-leading cloud-native and AI-driven IT portfolio, including a ful ...Read More >
NEW DELHI: The Cabinet, led by Prime Minister Narendra Modi, on Tuesday approved the "Research Development and Innovation (RDI) Scheme" with a corpus of ₹1 lakh crore, a move that is expected to boost private sector investments in research and development (R&D) in sunrise sectors, such as deep tech and electronics. 'Recognizing the critical role that the private sector plays in driving innovation and commercialising research, the RDI Scheme aims to provide long-term financing or refinancing wit ...Read More >
NEW DELHI: Bharat Sanchar Nigam Limited (BSNL) is adopting a "multi-fold strategy" to launch commercial fifth generation or 5G services concurrently with 4G network densification, carried out by Tata Consultancy Services (TCS)-led consortium with an additional 19,000 sites. 'BSNL has placed an order for an additional 19,000 sites to densify its 4G footprint, with seamless software upgrade capability to 5G. This follows the successful commissioning of around 90,000 4G sites,' A. Robert Ravi, Cha ...Read More >
NEW DELHI: Prime Minister Narendra Modi Tuesday said that the country has made several achievements in the digital payments system, led by collective efforts of all citizens. 'India has made many strides in digital payments, powered by the collective resolve of 140 crore Indians. Sectors like health and education have also benefited from this initiative,' Modi said on social media platform X. The comments come following the completion of a decade of the ambitious Digital India initiative, orig ...Read More >
NEW DELHI: Intel has launched three new processors under its Xeon 6 lineup to power advanced GPU-powered artificial intelligence (AI) systems. These new processors with Performance-cores (P-cores) include Intel's Priority Core Turbo (PCT) technology and Intel Speed Select Technology - Turbo Frequency, delivering customisable CPU core frequencies to boost GPU performance across demanding AI workloads, the company said in a statement. Intel said its Xeon 6776P processor is already serving as a h ...Read More >
NEW DELHI: Realme has partnered with the Aston Martin Formula One team to launch the co-branded Realme GT 7 Dream Edition on May 27. 'Realme has been committed to providing young users with tech experiences that exceed expectations,' the smartphone said in a statement Tuesday. By partnering with Aston Martin Formula One, Realme said it is taking "bold strides to deliver an unparalleled tech experience to the next generation". 'Collaborating with a legendary racing team like Aston Martin Aramc ...Read More >
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