close_game
close_game
Gulveen Aulakh
Articles by Gulveen Aulakh

Foxconn pulls out of chip JV with Vedanta

Taiwan's Foxconn has pulled out of its joint venture with Vedanta in India, which had planned to invest $20bn in semiconductor manufacturing

The partnership planned to set up India’s first chip manufacturing unit under a $10 billion government-backed financial incentive scheme and was once estimated to be ahead of two other consortia in the fray for getting the sops. (Reuters)
Updated on Jul 11, 2023 08:05 AM IST
By, New Delhi

Jio to launch 5G service in metro cities by Diwali

Reliance Industries Ltd will invest ₹2 lakh crore to roll out its 5G services in key cities such as Delhi, Mumbai, Chennai and Kolkata by Diwali and across India by December next year, chairman Mukesh Ambani announced on Monday as part of a plan to expand and diversify his business.

Mukesh Ambani, chairman and managing director of the Reliance Industries Ltd., speaks via live stream during the annual general meeting in Mumbai, India, on Monday, Aug. 29, 2022. Reliance will invest 2 trillion rupees ($25 billion) to roll out its 5G services in October across the largest Indian cities, its billionaire-chairman Mukesh Ambani said as he continues to expand and diversify the $221 billion empire. Photographer: Dhiraj Singh/Bloomberg (Bloomberg)
Published on Aug 29, 2022 11:48 PM IST
By, Mumbai

Jio top bidder as 5G spectrum sale closes

Reliance Jio, India’s largest telecom operator, led the purchases, becoming the sole carrier to buy 220MHz of paired airwaves in the pricier 700MHz band across all 22 circles.

 (REUTERS)
Updated on Aug 02, 2022 12:58 AM IST
By, New Delhi

India sets terms for 5G spectrum auction

The Union government cleared on Wednesday the auction for fifth generation (5G) telecommunications spectrum, paving the way for the process to begin before consumers soon get access to ultra-fast connectivity on their mobile phones.

 (REUTERS)
Updated on Jun 15, 2022 11:28 PM IST
ByGulveen Aulakh and Rajeev Jayaswal, New Delhi

LIC sees huge interest from anchor investors

The total commitment from over 100 global and domestic investors is more than the ₹6,300 crore allotment size to anchor investors, they said, requesting anonymity. However, a formal anchor book allotment is yet to begin.

An exterior view of Life Insurance Corporation of India's (LIC) headquarters, in Mumbai. (Reuters File Photo)
Published on Apr 26, 2022 06:16 AM IST
ByAnirudh Laskar, , Mumbai/new Delhi

Telecom sector gets 5G boost; Centre to infuse 44k crore into BSNL

Experts said that continued emphasis on the importance of mobile connectivity and broadband for economic development, especially in rural India, will further boost telecom and associated sectors.

Experts said that continued emphasis on the importance of mobile connectivity and broadband for economic development, especially in rural India, will further boost telecom and associated sectors. (Livemint)
Published on Feb 02, 2022 07:32 AM IST
By, Hindustan Times, New Delhi

Google to invest $1 bn in Airtel to boost India play

Alphabet Inc., the parent of Google, will buy a 1.28% stake in Bharti Airtel for $700 million and invest $300 million over the next five years in commercial arrangements.

People walk by a Google sign on the company's campus in Mountain View, California
Published on Jan 29, 2022 05:00 AM IST
By, New Delhi

Centre may revise duty on electronics

The changes will be directed towards encouraging local manufacturing and increasing local sourcing of components.

Finance minister Nirmala Sitharaman will present the Budget on February 1 (Representative Image)
Published on Jan 28, 2022 04:32 AM IST
By, New Delhi
SHARE
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Sunday, February 09, 2025
Start 14 Days Free Trial Subscribe Now
Follow Us On