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Tag: Jio

100% FDI, other Major Telecom Reforms Approved by Cabinet

100% FDI, other Major Telecom Reforms Approved by Cabinet

Business, Finance, India, Latest News
The five process structural reform will give much-needed relief to Vodafone-Idea — confronting an existential crisis, as well as to Airtel. Good news for Vodafone Idea & Airtel: 100% FDI in telecom sector New Delhi: In a first, the Union Cabinet on Wednesday allowed 100% foreign direct investment (FDI) in the country's struggling telecom sector via the automatic route. This forms part of the five process structural reforms proposed by Ashwini Vaishnaw, Minister for Communications. Earlier, only 49% FDI was allowed through the automatic route and anything above that needed to pass through government route. “Today the cabinet has decided to allow 100 per cent FDI through automatic route in the telecom sector. All safeguards will be applicable,” said Vaishnaw, adding tha...
नए साल पर Jio यूजर्स को बड़ा तोहफा, 1 जनवरी से सभी नेटवर्क पर होगी फ्री कॉलिंग: Jio Happy New Year offer

नए साल पर Jio यूजर्स को बड़ा तोहफा, 1 जनवरी से सभी नेटवर्क पर होगी फ्री कॉलिंग: Jio Happy New Year offer

Latest News, Tech
Reliance Jio Happy New Year offer gives users free charge to other networks such as Airtel, Idea-Vodafone, etc. The domestic voice calling on other networks is again free for Jio users. Courtesy: Financial Express The Ganga Times, Tech News: मुकेश अम्बानी की Reliance Jio ने गुरुवार को ऐलान किया है कि अगले साल 1 जनवरी 2021 से सभी नेटवर्क पर देश में होने वाली वॉयस कॉलिंग एक बार फिर से मुफ्त कर दिया जाएगा। जिओ ने एक साल पहले ही अन्य मोबाइल नेटवर्क पर 6 पैसे प्रति मिनट का शुल्क लागू किया था। हालांकि, अब जिओ ने तय किया है कि वो अपने उपभोक्ताओं को यह पुरानी सुविधा एक बार फिर से देगी। बता दें कि 'Bill and Keep' के तहत टेलीकॉम रेगुलेट्री अथॉरिटी ऑफ इंडिया (TRAI) 1 जनवरी से घरेलु वॉयस कॉल्स पर इंटरकनेक्ट यूसेज चार्ज (IUC) को ख़त्म करने जा रही है।जानकारी के लिए बता दें कि इंटरकनेक्ट यूसेज़...
Bharti Airtel’s 45% stake in OneWeb to revolutionize telecom sphere

Bharti Airtel’s 45% stake in OneWeb to revolutionize telecom sphere

Business, Latest News
Bharti Enterprises Limited — India’s multinational Conglomerate and the parent company of Airtel, was recently involved in a historic deal that might transform the face of the global telecom industry. The company acquired 45% stake in OneWeb — a global communication company based in the United Kingdom.  After initial successes, OneWeb had problems in raising capital and finally on 27th March 2020, it filed for bankruptcy. On 3 July 2020, Mittal Group and the UK government won a bid to buy the OneWeb, with each of them investing USD500 million. Despite being under huge pressure in the Indian market owing to the rise of Reliance Jio, Airtel has managed to win this bid that might see it becoming a part of the global telecom and internet revolution in the years to come. “OneWeb...