Telecom
DoT draft note clubs 4G spectrum to BSNL and MTNL with VRS
23 Apr 2019
Implementation of VRS for BSNL and MTNL, involving expenditure of Rs6,365 crore and Rs2,120 crore, respectively, is expected to lower the expenses of the firms and give them liquidity, but employees see it as a government ploy to cut down workforce and make it attractive for privatisation
Reliance Industries reports record Q4 net profit of Rs10,362 cr
19 Apr 2019
Reliance Jio ended FY19 with a 309 per cent increase in net profit to Rs2,964 crore and a subscriber base of over 300 million, while RIL’s retail segment revenue crossed Rs100,000 crore
Reliance Jio acquires AI-based start-up Haptik in Rs700-cr deal
04 Apr 2019
The entire transaction, which will enable Reliance Jio Digital to grow and expand in the AI-based communication space, is estimated to cost about Rs700 crore
