THE TELECOM REGULATORY Authority of India's (Trai) recent recommendation on the definition of international traffic has come as a setback for global tech majors such as Amazon, Uber, Google, Meta and WhatsApp, as they will have to shell out a higher amount to telcos for sending SMSes to their consumers.
As per the definition proposed by Trai for international traffic, any one-time passwords (OTPs) or other transactional or promotional messages sent by these players to the consumers in India would be treated as international SMSes and charged at international tariffs and not domestic tariffs set by the telcos.
Though these firms have operations in India, telcos charge them international long-distance SMS rates because their servers located abroad are used to generate messages to consumers in India.
Diese Geschichte stammt aus der December 18, 2024-Ausgabe von Financial Express Kochi.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 18, 2024-Ausgabe von Financial Express Kochi.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
IIT-Madras to offer fine arts, culture courses
In a first for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.
The world's busiest airline routes in 2024 are largely in Asia
Leisure continues to outshine corporate trips
Not even 2% work-linked higher education courses yet: Report
EDUCATION-INDUSTRY MISMATCH
KYC masking to go live on Jan 20
DEADLINE EXTENDED; BIG RELIEF TO BANKS & FINTECHS
SME IPOs fetch rich returns in Dec
THE SME IPO market continues to see heightened interest and is delivering multibagger returns despite being under the lens of the markets regulator.
EPFO weighs higher equity investments
IN FY23, the interest rate was fixed at 8.15% and 8.10% in FY22.
Indian firms use euro, yen swaps
MOREOVER, EXPECTATIONS OF dollar strengthening further have also prompted Indian firms to opt for cross-currency pairs other than USD-INR.
China plans record budget deficit of 4% of GDP in 2025
New plan compares with an initial target of 3% of 2024 GDP
Trudeau govt adrift after FM quits, Trump tariffs loom
The abrupt resignation of Canada's finance minister leaves the government adrift less than a month before the inauguration of a new US administration that could impose crippling sanctions on Canadian exports.
Markets slump over 1%
ALL MAJOR ASIAN markets ended in the red on Tuesday, a day ahead of the US Federal Reserve's meeting outcome.