VIL welcomes govt's BG waiver, says will boost 4G, 5G investment
The New Indian Express Coimbatore|December 30, 2024
TELECOM service provider Vodafone Idea Limited (VIL) has welcomed the Indian government's decision to waive the Bank Guarantee (BG) requirement for the purchase of spectrum, calling it a significant relief for the telecom industry.
ENS ECONOMIC BUREAU @New Delhi

The company added that this move would not only ease the financial burden on telecom operators but also boost investments in 4G and 5G network infrastructure in India.

The government's move is particularly beneficial to Indian telecom operators, especially Vodafone Idea, which has been grappling with significant financial strain.

هذه القصة مأخوذة من طبعة December 30, 2024 من The New Indian Express Coimbatore.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 30, 2024 من The New Indian Express Coimbatore.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE NEW INDIAN EXPRESS COIMBATORE مشاهدة الكل
The New Indian Express Coimbatore

WONDERLANDS

These five destinations are redefining winter in India, offering snow-dusted views and frosty charm that were once considered exclusive to Himalayan regions...

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January 02, 2025
The New Indian Express Coimbatore

Indian Boxing in the Shadows, Former Pros Seek System Overhaul for Revival

No sport had seen such a slump like boxing last year.

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January 02, 2025
The New Indian Express Coimbatore

Bumrah overload biggest concern

India's strategy to have more all-rounders in the playing XI for batting depth seems to have increased workload of frontline pacers

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January 02, 2025
The New Indian Express Coimbatore

New Year celebrations in Sydney surreal experience

Despite restrictions and crowds, the New Year's fireworks in Sydney create a surreal experience for millions of people from around the world.

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January 02, 2025
The New Indian Express Coimbatore

Vaishali clinches bronze in World Blitz

INDIA'S R Vaishali clinched a bronze in the women's section of the World Blitz Championship, capping another strong performance by the country's chess players after stalwart Koneru Humpy's title-winning show in the rapid event here.

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1 min  |
January 02, 2025
The New Indian Express Coimbatore

Ola Electric's Market Share Falls, Bajaj on Top

OLA ELECTRIC'S market share in the electric two-wheeler space declined below the 20% mark in December 2023 and it has conceded its leadership position to Bajaj Auto.

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1 min  |
January 02, 2025
The New Indian Express Coimbatore

GST collection growth slows down in December to 7.3%

The growth in monthly GST collection slowed down further in December, with gross revenue during the month registering a growth of 7.3% to Rs 1.77 lakh crore.

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1 min  |
January 02, 2025
The New Indian Express Coimbatore

Market kicks off 2025 with decent gains

DOMESTIC equity markets kicked off calendar year 2024 on a positive note as the benchmark indices - BSE Sensex and NSE Nifty - ended higher on Wednesday (January 1).

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1 min  |
January 02, 2025
The New Indian Express Coimbatore

OMCs Slash Price of ATF, Commercial LPG Cylinder

STATE-owned oil marketing companies (OMCs) have reduced the price of aviation turbine fuel (ATF) by 1.5% and also lowered the cost of commercial LPG used in hotels and restaurants by ₹14.5 per 19-kg cylinder.

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1 min  |
January 02, 2025
The New Indian Express Coimbatore

Car sales slow to multi-yr low in CY24

Passenger vehicle sales grew by just 4.5%-4.7% to slightly over 4.3 million units last year

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1 min  |
January 02, 2025