Read more about Assam breaks records in poll seizures, Rs 18 cr worth items caught so far on Business Standard. Assam broke all previous records in seizures of cash, liquor, drugs and other goods in the run-up to the Assembly polls
Read more about Who is Rupert Murdoch? CNN and New York Times plan documentary series on Business Standard. Murdoch, who turns 90 this week, has been an irresistible subject for political reporters and members of the media for decades
Read more about US, UK, 3 other courts confirm $1.4 bn arbitration award against India on Business Standard. Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc
Vodafone Idea rose 2.62% to Rs 11.36 after the company said it acquired spectrum in 5 circles to create further efficiencies in few circles.Vodafone Idea participated in the just concluded 2021 spectrum auction conducted by the Department of Telecom (DoT), Government of India. We have used this opportunity to optimize spectrum holding post-merger to create further efficiencies in few circles, the company said in a statement. The spectrum we have acquired in the 5 circles will further help us to enhance our 4G coverage and capacity, enabling superior digital experience for our customers, it added.
The teleco said that in the next few years, the telecom industry readies to deploy 5G technology with India specific use cases.
Sterlite Technologies (STL) advanced 2.25% to Rs 220.50 after the company announced the appointment of Christopher Rice as the Chief Executive Officer (CEO) for its Access Solutions Business.
STL is currently expanding its capabilities across digital networks by building core solutions in the edge access area, both on the wireline and 5G wireless side. The company has launched the Access Solutions Business Unit focusing on Open RAN, 5G, programmable FTTx, and controller/orchestration software. Mr Rice is a seasoned technology executive who will lead this BU and advance STL s growth plans.
Prior to STL, Chris Rice was associated with AT&T where he delivered on a multi-year technology strategy and vision for both the network and the underlying system s evolution. He also led AT&T s pivot to software-defined networking (SDN), leading the team that built the fundamental automation and platform capabilities to drive this shift.