Bharti Airtel rights issue: Board approves ₹401.25 call on remaining ₹15,700 crore portion

[ad_1] A Bharti Airtel office building is pictured in Gurugram. File. | Photo Credit: Reuters The board of telecom operator Bharti Airtel has approved the ‘first and final call’ of ₹401.25 per share on 39.2 crore partly paid-up equity shares, that form over ₹15,700 crore portion of its remaining rights issue. The proceeds from the […]

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Airtel to seek recalculation of AGR dues from govt following SC order on Vodafone Idea

[ad_1] File photo of Bharti Airtel Vice-Chairman and MD Gopal Vittal | Photo Credit: Shiv Kumar Pushpakar Bharti Airtel Ltd will ask the Union government to revise its adjusted gross revenue (AGR) dues, after the Supreme Court gave Vodafone Idea Ltd. some flexibility in obtaining some relief for the period from 2016–17 onwards. “We’ve always […]

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Mcap of 7 of top-10 most valued firms climbs ₹74,573 crore; HDFC Bank biggest gainer

[ad_1] Image used for representative purpose only. | Photo Credit: Reuters The combined market valuation of seven of the top-10 most valued firms climbed ₹74,573.63 crore in a holiday-shortened last week, with HDFC Bank emerging as the biggest gainer in line with a positive trend in equities. Last week, the BSE benchmark climbed 780.71 points […]

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Perplexity CEO Aravind Srinivas wants youth to master AI tools instead of doomscrolling 

[ad_1] The CEO of Perplexity, Aravind Srinivas, said that young people need to spend less time scrolling through Instagram and more time learning about artificial intelligence (AI). In the podcast interview with Matthew Berman, Srinivas said that mastering AI tools is now essential to stay relevant in the job market.  AI is developing at a […]

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OpenAI’s ChatGPT receives 2.5 billion prompts from users globally on daily basis

[ad_1] OpenAI’s ChatGPT is seeing global adoption at an unprecedented rate.  The Microsoft-backed startup has said that it now receives 2.5 billion prompts from users around the world every day, with more than 300 million of those prompts coming from users in the US, according to a report by Axios. This 2.5 billion figure translates […]

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Mcap of 6 of top-10 most valued firms jumps ₹1.62 lakh crore; Airtel, Reliance biggest gainers

[ad_1] Bombay Stock Exchange (BSE). | Photo Credit: Reuters The combined market valuation of six of the top-10 most-valued firms jumped ₹1,62,288.06 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers, in-line with an optimistic trend in equities. Last week, the BSE benchmark gauge jumped 1,289.57 points, or 1.58%. Reliance […]

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Airtel subsidiary’s largest data center in East India by 2024

[ad_1] Image for representational purposes only. | Photo Credit: Reuters Bharti Airtel subsidiary Nxtra Data Ltd on Tuesday said the company will invest ₹600 crore in the development to build the 25 MW data center in Kolkata. The largest data center in East India, when developed will serve the underserved markets of east and north-east regions along with the […]

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All 5G smartphones except iPhone to work on Airtel network from mid-Nov: Airtel CEO

[ad_1] All 5G enabled smartphones, except Apple’s iPhones, will start supporting Airtel 5G services by the middle of this month, a senior Bharti Airtel official said. During the company’s earnings call, Bharti Airtel Managing Director and Chief Executive Officer Gopal Vittal said Apple will release the software update in the first week of November and […]

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Markets rally in early trade amid firm global markets

[ad_1] Equity benchmark indices began the trade on a positive note on Tuesday, with the Sensex climbing 626 points in early trade amid firm global market trends. The 30-share BSE benchmark climbed 625.68 points to 59,036.66. Similarly, the broader NSE Nifty surged 181.3 points to 17,493.10. Bharti Airtel was the top gainer in the Sensex […]

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Jio announced Beta trial of 5G service in 4 cities

[ad_1] “India is leading the Digital revolution. Jio 5G will be the world’s most advanced 5G network, built for every Indian, by Indians.” “India is leading the Digital revolution. Jio 5G will be the world’s most advanced 5G network, built for every Indian, by Indians.” Jio has announced the Beta trial of its 5G services on Dussehra, […]

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