Day: June 4, 2024
RBI’s Next-Gen Greenfield Data Centre to Launch Operations in FY25
The Reserve Bank has initiated a project to construct a new state-of-the-art greenfield next-generation data center to address capacity expansion constraints, meet the increasing IT landscape needs, and avoid region-specific risks The data centre, envisaged to cater to the internal needs of RBI and its subsidiaries, will commence operations in FY25, the central bank said […]
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BSNL & Tamil Nadu Government to Supply Internet for 20k Schools
In a significant effort to enhance infrastructure in government and aided schools, especially through the integration of new technology, the school education department has established internet connections in 20,332 state-run schools. This initiative, undertaken in collaboration with BSNL, was detailed in a circular from the department. So far, 5,913 out of 6,223 government high and […]
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Vodafone Idea Required to Settle Dues with Indus Towers for New Services: Report
Vodafone Idea (Vi), the country’s third-largest telecom operator, must clear its outstanding dues with Indus Towers to roll out new services. Vi plans to launch 5G soon, leveraging Indus Towers’ infrastructure. Recently, Vi raised funds through equity, improving its ability to settle these debts. According to an ET report, Sunil Bharti Mittal, Chairman of Bharti […]
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RBI Anticipates India Becoming Global Hub for Chip and Electronics Manufacturing
India’s emerging sectors like renewable energy and semiconductors are expected to make rapid advances on the back of the recent initiatives by the government, according to the RBI’s annual report released on Thursday. The interim Union Budget 2024-25, with an allocation of ₹6,903 crore for semiconductor and display fabs, would contribute to making India a […]
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