Communications Minister Ashwini Vaishnaw announced at the Digital India Conference of State IT Ministers at the India Mobile Congress that the government has allocated Rs 26,000 crore for the installation of 25,000 mobile towers over the next 500 days. The government hopes to achieve this by providing last-mile internet connectivity to remote locations. The state-owned…
India’s mobile imports decreased 33 percent year-on-year in FY22, according to a research report by credit rating company Crisil. Dependency on China reduced to 60 percent from 64 percent in FY21 and is expected to fall more in the medium-term. Crisil estimates that Indian consumption will reach ₹3.5 lakh crore to ₹4 lakh crore in…
Bharti Airtel on Sunday said that its board of directors has approved equity capital raising of up to ₹ 21,000 crores through a rights issue. “The board approved the issuance of equity shares of the face value of ₹5 Each of the companies on a rights basis to eligible equity shareholders of the company as…
