Jio accuses rival telcos of cheating, asks TRAI to slap penalties : Bulletin: Business Today
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Jio accuses rival telcos of cheating, asks TRAI to slap penalties

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October 17, 2019

PMC Bank scam: HDIL promoters write to ED, RBI, FinMin; urge them to sell attached assets to repay loans

In the latest development in the Punjab and Maharashtra Co-operative Bank scam, HDIL promoters and prime accused Rakesh Wadhawan and Sarang Wadhawan, have requested investigating agencies to sell their attached assets at fair market value, monetise them and repay loans availed of by HDIL from PMC Bank. The letter dated October 16 has also been marked to the Ministry of Finance and Reserve Bank of India.

Centre's efforts to remedy slowdown blues are 'too little, too late', says Kamal Nath

The centre is doing "too little, too late", says Madhya Pradesh Chief Minister Kamal Nath on the measures announced by Narendra Modi government to tackle the economic slowdown in India. Stating that the major cause of slowdown is the "fear of the unknown", Nath wanted the Central government to instill hope and confidence about the future in the minds of consumers and investors. He was speaking at the Business Leaders of Madhya Pradesh (BLMP) award ceremony organised by Business Today magazine in Bhopal. Nath said that there is no sign of slowdown in his state as his government has managed to address the problem by putting money into the hands of rural farmers.

Bharti Airtel selects Ericsson's 5G solution to boost network performance

Swedish networking and telecommunications company Ericsson on Wednesday said it has entered into an agreement with Bharti Airtel to deploy its 5G-ready Cloud Packet Core in the telco's pan-India core network. The deployment will enhance capacity in Airtel's network and enable it to address the rapidly growing demand for high-speed data services.

Sitharaman calls India 'the best place for investors', promises more reforms

Investors can find no better place in the world than India that has a democracy loving and capitalist respecting environment, Union Finance Minister Nirmala Sitharaman has said. She also assured international investors at an interaction session at the IMF's headquarters that the government was continuously working to bring reforms.

Jio asks TRAI to slap penalties on rival telcos accusing them of cheating

Reliance Jio Infocomm has accused telcos like Bharti Airtel, Vodafone Ide and BSNL of 'cheating'. It claims these companies were  masquerading landline numbers as mobile numbers to unfairly earn interconnect revenue. Airtel has denied the charge saying Reliance was trying to misguide TRAI even as consultation process on interconnect usage charge continues.

Boomerang on WhatsApp! New feature introduced on messaging platform

Just like on Instagram, WhatsApp users can now use the Boomerang feature. The messaging platform introduced the popular feature for iPhone users on beta. The Boomerang feature is one in a bunch of new features including new edit shortcuts for photos and voice recordings rolled out by the chat app for iPhone users.
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