Qualcomm's senior vice-president and general manager, 4G/5G, Durga Malladi, said that since the company was working working with several partners in India and around the world, any of them or its customers can avail themselves of this horizontal platform and build on it

The market believes that RIL has not been able to stitch together big deals in Reliance Retail as it did in Jio Platforms. That's why the share price hasn't moved up much in the last three months

Netflix competes with the likes of Disney, Amazon, Hotstar and over 30 additional services in India that is one of the chosen markets

These efforts are meant to fast-track the development and roll out of indigenous 5G network infrastructure and services in India

Reliance Jio is also working on its 5G network equipment and has asked the Department of Telecom (DoT) to allocate spectrum for testing before exporting 5G smartphones

Tata Group is aiming to up the ante in India's digital space and take on rivals such as Reliance Jio, Amazon and Flipkart by rolling out SuperApp; onboarding of Tata Teleservices for providing technical solutions to SuperApp is also expected to revive the telco arm's business

At present, 5G smartphones are available in India in the price range starting from Rs 27,000; Jio will partner with Google to build an Android-based smartphone operating system

For the first nine months of 2020, M&A activity rose 17.2 per cent to $68.15 billion across 269 transactions, even though the deal count slipped 24.22 per cent over the same period last year

PE-VC investments would have declined 53 per cent to $17.2 billion compared to the same period last year if contribution from Reliance Group entities are excluded

KKR had announced it would invest Rs 5,550 crore in RIL subsidiary Reliance Retail Ventures on September 23; investment valued Reliance Retail at a pre-money valuation of Rs 4.21 lakh crore

Tata group is planning to join the fundraising of Alibaba-backed BigBasket as it plans to raise $200 million from investors; start-up is also planning launch initial public offering in next two years

Indian economy will contract 10.3 per cent in the financial year 2020-21, said the International Monetary Fund in its World Economic Outlook report; A Tanishq advertisement on Hindu-Muslim marriage has been pulled off from social platforms after a major backlash; Reliance Industries Ltd has its eyes on smart electricity meter market after signing multi-billion dollar deals for Jio Platforms and Reliance Retails. Watch this and more on News Blast.Also Read: Indian economy will recover from COVID-19 crisis with correct policies: IMF

COVID-19 impact: Indian economy to shrink 10.3% in FY21, says IMFIndian economy will contract 10.3 per cent in the financial year 2020-21 as the country gradually climbs out of the coronavirus-induced lockdown, said the International Monetary Fund in its Wold Economic Outlook report released on Tuesday. This projection is substantially lower than the 4.5 per cent de-growth predicted by the internatonal financial instutution back in June, indicating challenges to economic growth as the pandem...

Smart meters are part of the overall Advanced Metering Infrastructure (AMI) solution that measure and record consumers' electricity usage at different times of the day and send this information to the energy supplier through over-the-air communication technology

Despite having a fair good start with its low-cost feature phone - JioPhone - the chances of emulating that success with low-cost smartphones might be difficult

Stock Market News Updates Today:Tata Steel, followed by Bharti Airtel, L&T, M&M, Bajaj Finance and HDFC were among the top gainers today. On the other hand, HUL, Reliance Industries, TCS, Nestle India and Tech Mahindra were among the top laggards

The fresh fund infusion of Rs 11,650 crore in Reliance Retail Ventures is part of the company's plan to increase the capital base

The Uttarakhand Char Dham Devasthanam Board's additional CEO BD Singh had requested the Ambanis extend a helping hand to the board for paying employee salaries, betterment of infrastructure and enhancing facilities for pilgrims

PUBG Corporation, the parent company of PUBG Mobile, has started initial conversation with Airtel for handing over distribution rights for the Indian market

CCI had expressed concerns over Jio Platforms subsidiary Jio Infocomm's cloud and Facebook's dominance in online ad space. It said data processed by both companies was complementary to each other