Delhi High Court's order has been welcomed by the digital payments industry, as insufficient supervision had let the scamsters send fake messages under duplicate headers

The TRAI has imposed fine on eight telecom operators, including Reliance Jio, Bharti Airtel, Vodafone Idea, BSNL, for failing to stop cybercriminals from sending fake text messages to dupe digital payment users

Decision to impose fine on telcos is a big boost to campaign run by Paytm-led e-payment companies against spam calls and fake text messages

Financial disincentive of Rs 30 crore for failure to curb UCC on its network in April, May and June was imposed on state-run Bharat Sanchar Nigam Ltd (BSNL) along with an additional Rs 10 lakh for non compliance of Code of Practices, told TRAI

TRAI had made it mandatory for telecom operators to disclose information on all such plans but Airtel and Vodafone opposed the decision and sought relief from the TDSAT

A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notices to the authorities and also Google India Digital Service Pvt Ltd on the petition and listed the matter for further hearing on September 24

India Stock Market Highlights Today: PowerGrid, followed by SBI, HDFC Bank, IndusInd Bank, Axis Bank, Tata Steel, Reliance Industries and Infosys were aamong the top gainers in the Sensex pack. On the other hand, Bharti Airtel was the sole laggard today

Stock Market Highlights on July 21: ICICI Bank, followed by Maruti, Kotak Bank, Axis Bank, Power Grid and HDFC Bank were among the top gainers today, while Bajaj Finserv and ITC were the top laggards.

The development comes after Paytm's parent company One97 Communications had earlier moved the Delhi High Court claiming that telecom service providers were not blocking those defrauding its customers via phishing activities over various networks

Paytm has said that telcos' failure to prevent phishing scams has led to \"financial and reputational loss\" to the company

Share Market Update : Extending losses for the third consecutive session, BSE 30-share S&P Sensex closed 161 points lower at 40,894 and NSE 50-share index Nifty50 ended 53 points lower at 11,992

Catch top stories from the world of business and economy with BusinessToday.In end of day report

Share Market Update: During Thursday's trade, Sensex climbed to a fresh all-time high of 42,059 and Nifty too has hit a new lifetime high of 12,389 from 12,374.25 earlier.

Sources said Vodafone has to receive an aggregate of about Rs 1,000 crore from Mumbai unit of the income tax department and another Rs 6,000 crore from its Delhi office for multiple assessment years dating back to 2004-05

Why the government will find it difficult to revive BSNL even with its huge bailout package

The issue dates back to October 2016, when the Telecom Regulatory Authority of India (TRAI) recommended imposing total penalty of Rs 3,050 crore on Bharti Airtel, Vodafone and Idea Cellular for allegedly denying inter-connectivity to newcomer Reliance Jio Infocomm

The court passed the order on a plea by Channel 2 Group Corporation, which is the exclusive broadcast partner with the International Cricket Council (ICC) and holds the global audio rights for all their live events up until 2023.

State-run BSNL and MTNL, credited with laying the country's telecommunication infrastructure, are battling for survival, owing to mismanagement and mounting losses. Can the government rescue them?

Quick access to information and speedy issue resolution are happening on brands' social media platforms.