Day: February 26, 2024
Government Plans Incentives to Boost Telecom Equipment Production Expansion
Telecom equipment manufacturers are poised to receive relief as the government plans to roll out incentives to boost their production capacity, aiming to decrease reliance on imports from overseas. Valued at Rs 400 crore, the incentives are slated for release within a week to selected firms following thorough verification. According to a source familiar with […]
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View of Government Stake in VI
Despite the potential for significant gains, the government has opted against reducing its stake in Vodafone Idea as the company, experiencing a surge in its share prices over recent months, prepares for its upcoming fund-raising event scheduled for Feb 27. Holding a 33% stake, the government remains the largest shareholder in the company, surpassing the […]
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EU’s Initiative to Enhance Resilience of Subsea Internet Cables
The European Commission has released recommendations aimed at enhancing the security and resilience of submarine data cables, proposing that private finance should drive projects aimed at expanding capacity, with government assistance if required. These recommendations, outlined alongside a white paper analyzing Europe’s digital infrastructure needs, urge member states to undertake tasks like regular stress testing […]
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