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Time of India
7 hours ago
- Business
- Time of India
DIPA, Vodafone Idea team up to drive green energy adoption in telecom sector
NEW DELHI: The Digital Infrastructure Providers Association ( DIPA ), a grouping of IP-1 vendors, and Vodafone Idea (Vi) on Friday said they have entered into a collaboration to implement green energy solutions in the industry, and drive clean energy adoption throughout the network infrastructure sector. The key areas of collaboration include driving the implementation of the green energy open access (GEOA); development of sustainable infrastructure; integration of clean energy technology solutions in towers, data centers, and network facilities; and driving sector-wide adoption of green initiatives and carbon reduction strategies 'This collaboration with Vodafone Idea marks a pivotal moment in our industry's commitment to environmental sustainability. As DIPA continues its extensive work toward our zero-carbon mission, this partnership will accelerate the adoption of green energy solutions across India's digital infrastructure ecosystem,' said Manoj Kumar Singh, director-general, DIPA. 'Vi is committed to leading the telecom industry's transition toward sustainable operations. Our partnership with DIPA aligns perfectly with our environmental goals and reinforces our dedication to responsible business practices,' said Ambika Khurana, chief regulatory & corporate affairs officer, Vodafone Idea and director, Vi Foundation. The partnership comes at a crucial time when the telecom sector is experiencing unprecedented growth, with increasing demand for digital connectivity driving infrastructure expansion across urban and rural markets. The partnership will also focus on knowledge sharing, capacity building, and creating awareness about the benefits of sustainable telecom infrastructure among industry stakeholders, policymakers, and the broader ecosystem.
Time of India
a day ago
- Business
- Time of India
Jio breaks ranks with peers over 6 GHz waves for WiFi
The telecom industry, which was unanimously seeking the entire portion of 6 GHz spectrum for 5G services, is divided on the Centre's decision on delicensing, or allotting without auctions, the lower part of the band for Wi-Fi services. People aware of the details told ET that Reliance Jio , the country's top telecom operator, has reconciled its demands and joined the technology industry in seeking a higher power limit for Wi-Fi devices that can be used under the delicensed spectrum. Bharti Airtel and Vodafone Idea (Vi) are, however, pushing the government for more deliberations and to form a committee before taking a final decision on spectrum delicensing, they added. The delicensing will pave the way for deployment of next-generation technologies such as WiFi 6E and 7 in India and is seen as a big win for tech companies such as Meta, Google, Amazon and Qualcomm, experts said. This was a key demand of the tech industry to meet surging bandwidth needs at affordable rates. While Jio too was initially against delicensing of the 6 GHz band, it has decided against opposing the government move as the same spectrum can be used for offering fixed wireless services (FWA) using equipment developed in-house. Airtel and Vi however currently do not possess such equipment. Jio, Airtel and Vi did not respond to queries. For the past few months, Jio has been using unlicensed band radio (UBR) equipment for providing 5G FWA services utilising the WiFi spectrum. If the Centre agrees to increase the power limits for 6 GHz, the spectrum can be used for FWA as well as WiFi services. The technology industry wants the power levels permitted for WiFi and other devices to be used under the 6 GHz spectrum band to be reviewed and aligned with global standards, so that users can get the best performances and devices remain affordable. As per experts, the current power levels proposed by the Department of Telecommunications (DoT) may limit the range and throughput of very low power devices. The DoT has proposed a maximum power spectral density (PSD) level of -5 dBm/MHz and total transmit power of 14 dBm for such devices. The tech industry wants it to be raised to 1 dBm/MHz for very low power indoor and outdoor devices, otherwise it could have a major impact on the performance of Wi-Fi advanced applications such as augmented reality (AR), virtual reality (VR), and mixed reality (MR) collectively, which demand high throughput and latency performance. Experts say that if the power limits are not increased, it may not allow full utilisation of spectrum. They added that the 6 GHz band can offer data speeds of up to 9.6 gigabits per second (Gbps), against 1.3 Gbps in the 5 GHz band and 600 Mbps in the 2.4 GHz band. Over 84 countries, including the US, UK and South Korea, have already delicensed the 6 GHz band for Wi-Fi services.
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Business Standard
a day ago
- Business
- Business Standard
Vodafone Idea share price rises 2% on inking pact with AST SpaceMobile
Vodafone Idea shares surged following the announcement of a strategic partnership with AST SpaceMobile Inc. aimed at expanding mobile connectivity across India's most remote & unconnected regions. SI Reporter New Delhi Vodafone Idea share price: Vodafone Idea (Vi) shares were buzzing in trade on Thursday, June 19, 2025, with the stock rising up to 2.43 per cent to hit an intraday high of ₹6.72 per share. At 9:36 AM, Vodafone Idea share price was trading 0.30 per cent higher at ₹6.58 per share. In comparison, BSE Sensex was trading flat with a positive bias at 81,457 levels. What sparked the up move in Vodafone Idea share price today? Vodafone Idea shares surged today following the announcement of a strategic partnership with AST SpaceMobile Inc. aimed at expanding mobile connectivity across India's most remote and unconnected regions. 'AST SpaceMobile made history by placing the first ever voice and video call from space using a standard mobile phone, a milestone that demonstrates the real world viability of its advanced technology,' Vodafone Idea highlighted, in a statement. India, home to over 1.1 billion mobile subscribers, remains one of the most dynamic telecom markets globally. While 4G is widespread and 5G is growing, large parts of the country still struggle with mobile access due to challenging terrains. Satellite communication is expected to play a crucial complementary role in bridging these coverage gaps. "India, with its vast and dynamic telecom market, is the ideal place to demonstrate how our space-based cellular broadband can seamlessly complement terrestrial networks," said Chris Ivory, chief commercial officer, AST SpaceMobile. The partnership will integrate Vi's national mobile network with AST SpaceMobile's space-based cellular broadband, which connects directly to everyday smartphones—without requiring any additional software, device changes, or updates. "Vi has always been committed to leveraging technology to connect every Indian and we see satellite communication as a complement to terrestrial connectivity. As satellite-based mobile access becomes a reality in India, we are looking forward to ushering in a new era of seamless and resilient connectivity," said Avneesh Khosla, Chief Marketing Officer, Vi. ALSO READ | Aligned with the goals of the Digital India initiative, the collaboration will focus on the design, deployment, and launch of a satellite-based broadband system. AST SpaceMobile will develop and manage the satellite constellation, while Vodafone Idea will oversee terrestrial network integration, spectrum operations, and market access. Ivory added, "We are not just expanding coverage; we are breaking down barriers to connectivity, enabling everyday smartphones to access 4G and 5G directly from space. Together with Vodafone Idea, we are excited to unlock new possibilities for emergency response, disaster management, agriculture, remote learning, and countless other applications that will benefit from truly ubiquitous mobile broadband." The collaboration is set to position India at the forefront of global space tech innovation, while also enabling Vi and AST SpaceMobile to develop commercial solutions across consumer, enterprise, and IoT sectors. About Vodafone Idea Vodafone Idea Limited is among the leading telecom service providers in India, formed through a partnership between the Aditya Birla Group and Vodafone Group. With a robust spectrum portfolio—including mid-band 5G spectrum in 17 circles and mmWave spectrum in 16 circles—Vodafone Idea is committed to meeting the growing demand for mobile connectivity. technologies, offering innovative solutions for both retail and enterprise customers.
Time of India
2 days ago
- Business
- Time of India
Vodafone Idea shares in focus after satellite connectivity tie-up with AST SpaceMobile
Shares of Vodafone Idea (Vi) will be in focus on Thursday, June 19, after the company announced a strategic partnership with AST SpaceMobile to deliver satellite-based connectivity services in India. In a press release filed with the stock exchanges, Vodafone Idea disclosed its collaboration with AST SpaceMobile, a US-based Nasdaq-listed company building the world's first space-based cellular broadband network accessible directly by standard mobile phones. The partnership aims to bring Direct-to-Device (D2D) satellite broadband connectivity to India, supporting the government's Digital India initiative and its vision of universal mobile access. The initiative is particularly focused on enhancing connectivity in India's remote and underserved regions. Under the agreement, Vi's national telecom infrastructure will be integrated with AST SpaceMobile's satellite technology, which enables standard mobile phones to connect directly to satellites—without the need for special hardware or software modifications. The two companies will collaborate on the SpaceMobile Satellite System to deliver voice, video, data streaming, and internet services through this satellite-powered network. AST SpaceMobile, which previously made headlines for enabling the first-ever voice and video call from space using a standard mobile phone, will be responsible for the design, manufacturing, and deployment of the satellite constellation. Vodafone Idea will oversee terrestrial network integration, spectrum operations, and ensure market access within India. Also read: As returns fade, Aswath Damodaran lays out 4 red flags about alternative investments The partnership is seen as a step that could redefine connectivity in rural and hard-to-reach areas, while also unlocking commercial opportunities across consumer, enterprise, and IoT segments. It reinforces India's position at the forefront of global space-tech innovation. 'Vi has always been committed to leveraging technology to connect every Indian, and we see satellite communication as a complement to terrestrial connectivity. As satellite-based mobile access becomes a reality in India, we look forward to ushering in a new era of seamless and resilient connectivity,' said Avneesh Khosla, Chief Marketing Officer of Vi. On Wednesday, Vodafone Idea shares closed 0.8% lower at Rs 6.56 on the BSE. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Business Standard
2 days ago
- Business
- Business Standard
Stock Market LIVE: GIFT Nifty hints at lower open; Asia falls; Fed holds rates; Israel-Iran war eyed
Sensex Today | Stock Market LIVE on Thursday, June 19, 2025: Around 7:30 AM, GIFT Nifty futures were trading 60 points lower at 24,766, indicating a negative start for the bourses. 8:05 AM Stock Market LIVE Updates: Gold price climbs ₹10 to ₹1,00,920; silver up ₹100, trading at ₹1,11,100 Stock Market LIVE Updates: The price of 24-carat gold climbed ₹10 in early trade on Thursday, with ten grams of the precious metal trading at ₹1,00,920 according to the GoodReturns website. The price of silver rose ₹100, with one kilogram of the precious metal selling at ₹1,11,100. The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹92,510. The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹1,00,920. In Delhi, the price of ten grams of 24-carat gold stood at ₹1,01,070. 8:00 AM Stock Market LIVE Updates: Debt-ridden telecom operator Vodafone Idea (Vi) on Wednesday announced that it has joined hands with US-based AST SpaceMobile in a partnership aimed at delivering space-based mobile broadband services to smartphones across the country. Under the agreement, Vi will oversee terrestrial network integration, operating spectrum, and market access, while AST SpaceMobile will develop, manufacture, and manage the satellite constellation powering the system. 'This collaboration is poised to be the frontier of global space technology and both companies will use data and applications to connect. Together, Vi and AST SpaceMobile will explore and implement commercial offerings for diverse sectors,' Vi said in a stock exchange filing. READ MORE 7:52 AM Stock Market LIVE Updates: DLF sells 1,164 luxury units for ₹11,000 cr in Gurugram's Privana North Stock Market LIVE Updates: Realty major DLF said on Wednesday it has sold all 1,164 units in its luxury residential project Privana North in Gurugram, thereby earning ₹11,000 crore within a week. The 17.7-acre project in Sectors 76-77 includes six residential towers of up to 50 storeys, which are DLF's tallest buildings. It has 1,152 four-BHK units and 12 penthouses. The average ticket price for a unit was ₹9.5 crore, while the penthouses were priced at around ₹25 crore each, according to people aware of the sales. READ MORE 7:42 AM Stock Market LIVE Updates: Chalet Hotels may consider own brand in long term: MD & CEO Sanjay Sethi Stock Market LIVE Updates: K Raheja Corp's Chalet Hotels may look at bringing its own brand of hotels after having firmly established itself among the top-four players in India's hospitality space with a market cap of more than ₹19,000 crore. In an interaction with Business Standard in New Delhi, Sanjay Sethi, managing director and chief executive officer of Chalet Hotels, says the company's performance, its strategy to diversify into leisure hotels and expansion to more geographies provide a springboard to launch its own brand. READ MORE 7:33 AM Stock Market LIVE Updates: Real estate giant DLF aims to launch Mumbai project by next quarter Stock Market LIVE Updates: DLF will officially launch its Mumbai housing project in the next quarter as the company has received the RERA approval a day before, while the real estate major sold out all 1,164 units in its luxury residential project Privana North securing ₹11,000 crore revenue, DLF Homes joint managing director and chief business officer Aakash Ohri told Business Standard. About 25 per cent of the purchases have come from non-resident Indians (NRIs) and overseas buyers from Canada, Australia, and Jakarta, he said. Located in Gurugram's Sectors 76 and 77, the 17.7-acre project includes six residential towers rising to 50 storeys, which are DLF's tallest buildings to date. The project includes 1,152 4-BHK units and twelve penthouses. READ MORE 7:27 AM Stock Market LIVE Updates: Corporate India's revenue growth underperforms GDP expansion again Stock Market LIVE Updates: India's corporate sector continues to lag the broader economy, with top listed firms posting revenue growth well below the expansion in nominal GDP for a second straight year. The combined revenue of BS1000 companies rose 6.4 per cent in 2024-25 (FY25), sharply trailing the 9.8 per cent growth in GDP at current prices. A year earlier, revenues grew just 5.2 per cent versus 12 per cent GDP growth. The BS1000 is an annual listing of India's 1,000 largest non-financial companies, ranked by total revenues, including other income. The FY25 ranking is preliminary and yet to be officially published. In contrast, corporate revenues had surged ahead of GDP growth in the Covid-affected FY21 and FY22. READ MORE 7:20 AM Stock Market LIVE Updates: On the runway: GMR's ₹14,000 crore capex plan for Hyderabad airport Stock Market LIVE Updates: GMR Hyderabad International Airport Ltd (GHIAL) has drawn up a capital expenditure plan of nearly ₹14,000 crore to be implemented by 2030–31 (FY31) for a major expansion of Rajiv Gandhi International Airport (RGIA) in Telangana's capital city, Business Standard has learnt. The plan includes enhancing the capacity of the existing terminal, constructing a new terminal and second runway, improving road access and metro connectivity, and scaling up parking and cargo infrastructure to meet rising demand. Hyderabad airport — India's fourth largest— has witnessed rapid growth over recent years, with passenger traffic increasing from 18.3 million in FY18 to 29.5 million in FY25, at a compound annual growth rate (CAGR) of 7.1 per cent. This growth, GHIAL noted, has brought the airport close to its current design capacity of 34 million passengers per annum (mppa), necessitating urgent upgrades. 7:13 AM Stock Market LIVE Updates: G7 Summit: India, Canada re-engage, revive trade talks after 2 years Stock Market LIVE Updates: India and Canada on Wednesday decided to take 'calibrated' and 'constructive' steps to reset their relationship and restore stability in bilateral ties. As a first move, the two sides agreed to resume negotiations on an interim trade agreement after a nearly two-year pause and to appoint new high commissioners to each other's capitals. Indian Prime Minister Narendra Modi and his Canadian counterpart Mike Carney met on the sidelines of the G7 Summit in Kananaskis, Alberta, where they also agreed to restart senior ministerial and working-level engagements across various domains to 'rebuild trust' and 'bring momentum' to the relationship, said the Ministry of External Affairs (MEA). The Canadian government said the early return of high commissioners was aimed at serving citizens and businesses in both countries. READ MORE 7:11 AM Stock Market LIVE Updates: Reverse-flipping and startup IPOs get boost as Sebi relaxes norms Stock Market LIVE Updates: The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds. The market watchdog also decided to drop the norm that makes start-up founders and promoters ineligible to hold Employee Stock Options (ESOPs) and other share-based benefits at the time of filing their draft red herring prospectus (DRHP) for a public issue of shares. Sebi has allowed promoters to hold on to their ESOPs granted a year prior to the filing of their DRHP, while disallowing fresh ESOP issuances in the run up to the filing. READ MORE 7:07 AM Stock Market LIVE Updates: Expansion positives factored into the valuations of Hindustan Zinc Stock Market LIVE Updates: The board of Hindustan ZincLtd (HZL) has approved a capital expenditure (capex) plan of ₹12,000 crore to be funded through internal accruals and debt to expand zinc smelting capacity by 250 kilo tonnes per annum (KTPA) at Debari in Rajasthan along with a mine capacity expansion of 330 KTPA. At an investor meet held by the company, the management announced that the expansion is expected to be completed in the next 36 months, with capex across FY26-FY28. The guidance is ₹3,500 crore capex in FY26, ₹5,000 crore in FY27, and the remaining in FY28. READ MORE 7:06 AM Stock Market LIVE Updates: Stocks to buy today: Avenue Supermarts, KPIT Tech on MOFSL's watch list Stock Market LIVE Updates: Stock recommendations by Motilal Oswal Financial, June 19: Buy DMart | CMP: ₹4,228 | Stop loss: ₹4,100 | Share price target: ₹4,450 Avenue Supermarts share price has given a breakout from 'Cup & Handle' pattern on the daily chart which is a positive sign. The breakout is supported by surge in volumes which has bullish implications. RSI indicator is rising, which confirms the upwards momentum. Buy KPIT Tech | CMP: ₹1,421 | Stop loss: ₹1,380 | Share price target: ₹1,500 KPIT Tech share price has given a trend line breakout on daily scale. It is perfectly respecting the 20-DEMA and inching higher. The MACD indicator is rising, which confirms the positive momentum. READ MORE 7:03 AM Stock Market LIVE Updates: US Fed keeps rates steady for 4th straight meeting, remains open for cuts Stock Market LIVE Updates: The US Federal Reserve's Federal Open Market Committee (FOMC) has once again opted to maintain its benchmark interest rate, keeping it at 4.25 per cent to 4.5 per cent. This marks the fourth straight meeting where rates have remained unchanged. The decision was backed unanimously by voting members of the committee. In a statement released after the meeting, the Fed said, 'Inflation remains somewhat elevated' and noted that 'recent indicators suggest economic activity has continued to expand at a solid pace.' It added that the 'unemployment rate remains low' and that 'labour market conditions remain solid,' signalling continued confidence in the overall strength of the economy. READ MORE 7:03 AM Stock Market LIVE Updates: Market Outlook Today Markets traded lackluster and ended marginally in the red on Wednesday, extending the ongoing consolidation phase. After a flat start, the Nifty edged higher initially, but failed to sustain the momentum, primarily due to pressure from heavyweight stocks. It then moved within a narrow range and eventually settled at 24,812.05. Markets will react to the outcome of the US Fed policy meeting during early trades on Thursday. The US Federal Reserve maintained their policy rates for a fourth straight policy, but signalled two more rate cuts in 2025. We recommend maintaining a cautious approach until there is more clarity. In the meantime, participants can consider selectively accumulating stocks that are showing relative strength amid the volatility, with a preference for large-cap and stronger mid-cap names. READ MORE 7:02 AM Stock Market LIVE Updates: Breakout stocks to buy: Maruti, DMart, Bandhan Bank form bullish patterns Stock Market LIVE Updates: Breakout stocks: Stocks to buy today, June 19 Maruti Suzuki India Ltd CMP: ₹12,748 Stop Loss: ₹12,300 Target Price: ₹13,700 Maruti share price has formed a falling parallel channel, and a shortfall in the pattern suggests a potential breakout on the upside. The stock recently took support at its long-term 200 EMA and has bounced back above the short-term 20 EMA, signaling a shift toward a bullish trend. An increase in volume during this move reflects growing buyer interest. Additionally, the Relative Strength Index (RSI) has formed a Higher High and Higher Low (HH-HL) structure, indicating strengthening momentum. As long as Maruti shares sustain above ₹12,300, they are expected to move higher towards ₹13,700. REDA MORE Connect with us on WhatsApp
