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Thursday, January 24, 2019
Now, Reliance Jio set to disrupt telecom tower industry

Now, Reliance Jio set to disrupt telecom tower industry

After creating disruption in the telecom sector, new player Reliance Jio's unit may become a potential competitor for the tower industry, especially Bharti Infratel, analysts say. Jio has around 2, 20,000 towers and 3, 00,000 kilometres of optical fibre. The company's Board of directors had given the approval for hiving off these assets in December. ...more

Today’s headlines
Reliance's foray into e-commerce will reduce digital: T V Mohandas Pai
Investment guru and former InfosysNSE 1.92 % CFO T V Mohandas Pai Saturday said the foray of Mukesh Ambani's RelianceNSE 2.66 % into India's e-commerce space would allay fears of digital colonisation and dramatically lower costs, immensely benefiting the consumers ...more
Infibeam divests subsidiary to Ingenius E-commerce for Rs 60 cr
Post-acquisition, Ingenius to strengthen technology capabilities, expand merchant base and distribution across product segments ...more
Govt writes to Google, Twitter and Facebook to prevent fake videos on food quality in India
Taking cognizance of the fake-news menace on social-media platforms, the government has written to Facebook, Google and Twitter to do due diligence to prevent the uploading of such material and warn those who misuse ...more
Policy & Regulation
Vodafone Idea Seeks Two-Year Moratorium on Spectrum Payment
Telecom operator Vodafone Idea Ltd. has sought a two-year moratorium on annual spectrum payment of about Rs 10,000 crore, citing high debt levels and stress on the balance sheet. more
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