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Bharti Airtel to raise funds upto $3 billion, gets its board's nod

The Board of Directors of Bharti Airtel Ltd has given its nod to the telecom operator’s proposal to raise up to $3 billion (around ₹21,500 crore) through a mix of equity and debt....

PSUs come to the rescue of Indian Railways from showing a negative balance - CAG

A Comptroller and Auditor General (CAG) report tabled in Parliament on Monday said that advances from public sector units saved the Indian Railways from showing a negative balance of over ₹5,500 crore in 2017-2018....

ABN AMRO temporarily shuts down 470 cash dispensers due to explosive attacks

Due to growing number of violent ATM explosive attacks, ABN AMRO has temporarily closed down 470 cash dispensers with immediate effect. All cash has been removed from the machines....

Xiaomi announces Mi Credit in India

Xiaomi has announced Mi Credit, its digital lending solution in India. Mi Credit is Xiaomi’s second Mi Finance solution to be launched in India after Mi Pay. ...

OPPO with its global partners conducts the first DSS data call

OPPO has announced making the first DSS (Dynamic Spectrum Sharing) data call using its world’s first DSS-enabled 5G smartphone via a collaboration with Ericsson, Qualcomm Technologies (a subsidiary of Qualcomm Incorporated), Swisscom and Telstra. OPPO has also become the global first smart device brand to support DSS. It marks a milestone on the path to make DSS technology a commercial reality. DSS technology enables carriers to leverage existing 4G and 5G frequency spectrums and networks accelerating the global deployment of 5G services and bring 5G experience on a broader scale....

Gurugram man duped of Rs 4.11 lakh in the pretext of KYC verification

A senior citizen in Gurugram was allegedly duped of Rs 4.11 lakh by a man posing as a Paytm employee. A resident of Sector 17, Satish Bhalla (78) received a call on November 19 from a caller who identified himself as a Paytm employee named Rahul and informed Bhalla that his Paytm account would be deactivated if he didn’t get his KYC documents verified....

4 FIRs filed in the two month long infamous Madhya Pradesh honey trap case

Having hogged the headlines in the state for the past two months, the Madhya Pradesh Police on Sunday has managed to file four FIRs in connection with the infamous honey trap case. ...

Cloud infrastructure services spend in China hits US$2.9 billion in Q3 2019

The latest research from Canalys’ Cloud Channel Analysis service highlights the continuing boom in spending on cloud infrastructure services in China. Total spending increased 60.8% to reach US$2.9 billion in Q3 2019. China now accounts for 10.4% of the worldwide total, up from just over 9% in Q1. This makes it the second largest market behind the US, and nearly three times the size of the next biggest countries. ...

To cut down costs, BSNL to reduce contract workers

Bharat Sanchar Nigam Ltd (BSNL) is trying to reduce its expenditures by cutting down costs on account of different outsourcing works. ...

5G subscriptions to top 2.6 billion by end of 2025: Ericsson

Ericsson expects the global number of 5G subscriptions to top 2.6 billion within the next six years, driven by sustained momentum and a rapidly developing 5G ecosystem. The forecast is included in the November 2019 edition of the Ericson Mobility Report, alongside a range of other forecasts with an end-of-2025 timeline and communications service provider insights....