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Monday, August 26, 2019


Trai’s New Consultation Paper on Broadcast Tariffs Spells Trouble for Industry: Experts

Barely 8 months into new tariff regime, Trai has started a process to review framework; some steps can badly hurt industry, fear broadcasters. “We are heading for chaos,” said a top executive of one of the leading broadcast networks when asked to comment on the latest consultation paper by the Telecom Regulatory Authority of India (Trai). ...more

Today’s headlines
Appointment
Paytm may create new top management roles; set to hire new CFO soon
Paytm has elevated its CFO and senior vice-president Madhur Deora as president in a newly created role. The Citigroup veteran, who joined the digital payments company in 2016, will now oversee multiple business lines at the Noida-based firm. ...more
Broadcast
Tech Mahindra sells 73.38% stake in arm to US-based Resolve Systems for $2 mn
Software major Tech Mahindra on Sunday announced the divestment of 73.38 per cent stake in its subsidiary FixStream Networks Inc to US-based Resolve Systems LLC for $2 million (approx Rs 14.22 crore). ...more
Enterprise
Infy Sees a Jump in Cloud Services as Co Ties up with Biggies
Partners with Google Cloud, Amazon web services and Microsoft Azure. Infosys is witnessing a jump in cloud-based services as it has partnered with large cloud providers such as Google Cloud, Amazon Web Services and Microsoft Azure to help clients move their applications from traditional IT infrastructure to the cloud. ...more
Policy & Regulation
IT Fears Impact as US Moves on New H-1B Process. BIG WORRY Indian cos are concerned that the process would favour US tech firms over them ...more
 
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