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5G services to open new revenue streams for BSNL

The launch of 5G services by private operators later this year may open up a revenue stream for the state-run, loss-making BSNL. The company is looking at leasing its 68,000 telecom towers, 65% of which are fiberised, to private mobile operators who would need more capacity....

Apple starts production of iPhone 13 in India

Apple has begun production of iPhone 13 in India, bolstering India's vision of emerging as a manufacturing powerhouse. ...

NPCI criticizes Coinbase’s UPI-Buy feature

The National Payments Corporation of India (NPCI) refused to recognize Coinbase’s UPI-linked crypto-buying offering announced recently. NPCI said that it is not aware of any cryptocurrency exchange using the Unified Payments Interface for transactions. NPCI is an umbrella organisation for all retail payments and settlement systems in India....

Google introduces 'multisearch' tool to search photos

Google has introduced multi-search on its platform that allows people to use text and images at the same time to find the most relevant results. ...

SoftBank borrows $282M to boost its 5G network in Japan

SoftBank is borrowing about $282 million (35,059,487,624 yen) for the development of 5G base stations with the aim of further strengthening its 5G network in Japan. According to SoftBank, at the end of March 2022, it covers 90% of the Japanese population with its 5G network....

India expected to see 48k more EV chargers in next 3-4 years

Domestic credit ratings agency ICRA reported that India is likely to see around 48,000 additional electric vehicle chargers at an investment of around Rs 14,000 crore over the next 3-4 years amid an expected healthy electric vehicle (EVs) penetration in the country....

Bank of Baroda approaches NCLT over unpaid dues to Gayatri Projects

As per news reports, Bank of Baroda has approached a bankruptcy court for recovery of its dues to Gayatri Projects, promoted by former Rajya Sabha MP T Subbarami Reddy, even as the company is making a desperate plea to lenders to consider a debt-recast proposal....

Feud between Ashneer Grover and BharatPe CEO continues

The clash between co-founder Ashneer Grover and BharatPe continued as Ashneer Grover has taken a fresh dig at the company for first quarter's de-growth, along with maximum cash burn. Grover tweeted, "So I just heard BharatPe closed its first quarter of ‘degrowth’ and ‘maximum cash burn’ under able (sic) leadership of Rajnish Kumar and Suhail Sameer. Chaabi chheenna and hatti chalana do alag alag skills hai! Ab Nani yaad aayegi- markets are the ultimate test and truth.”...

Nutanix names Mandy Dhaliwal as the new Chief Marketing Officer

Nutanix has appointed Mandy Dhaliwal as the new Chief Marketing Officer of Nutanix, effective now. ...

Intel teams up with Lockheed Martin for Military 5G

Intel Corp. and Lockheed Martin have joined forces to provide 5G-enabled hardware and software solutions for the U.S. Department of Defense. The companies have signed an MoU to expand the ongoing relationship to develop and align 5G technologies. ...