COMMUNICATION
New Zealand to press ahead with media content pay law
New Zealand's government is pushing for a bill to make digital platforms pay media companies for news. The legislation, aligned with Australia's law, could affect companies like Meta Platforms and Alphabet Inc. The bill's authority will be supervised by an independent regulator, supported by the Labour party but facing opposition from the ACT New Zealand party.
Corporate Watch: M&M, Tata Comm among 36 stocks in spotlight this week
Welspun Enterprises and DJ Mediaprint declared dividends with ex-dates on July 5. Escorts Kubota also set July 5 as the ex-date for dividend issuance. Several other companies like Tide Water, SKF India, and Balaji Amines have dividend and ex-date announcements in the same week.
Change your job search strategy to deal with age bias; how to search jobs aligned with age
For better or worse, there are tons of younger job seekers competing for fewer jobs than before, and willing to work longer hours for a lower title and salary. How can you optimise your job strategy based on the challenges for your age bracket?
Landslides snap surface communication in several Arunachal districts
Surface communication to several districts in Arunachal Pradesh was disrupted due to landslides triggered by heavy rain, officials reported on Saturday. A crucial road stretch from Aalo to Mechukha suffered damage between Roing and Pene villages amidst continuous downpour. Shi-Yomi District's Information and Public Relations Officer, Jumi Ete, confirmed landslides at multiple locations in the area, emphasizing the strategic significance of the Aalo-Mechuka road for deployed Army personnel. The Border Roads Organisation (BRO) mobilized resources to clear the blockage, aiming to restore passage for light motor vehicles by Saturday evening if weather permits.
What was not communicated during the US presidential debate? Experts study the body language of Trump and Biden
Experts have studied the body language of both Joe Biden and Donald Trump during the first US presidential debate in Atlanta. Biden appeared to be frail while Trump appeared aggressive and was found dominating the 90-minute debate.
No 'communication' from Sebi after initial inquiries: Quant MF
Quant schemes had liquid assets, which include large-cap stocks, T-bills, G-Secs, gold, and silver, worth approximately 53.5% of their total equity AUM, the asset manager said.
Trai invites views on norm for transferring ownership of machine-to-machine SIMs
The telecom regulator, Trai, is seeking industry views on allowing critical M2M communication services on unlicensed airwaves. It has identified 20 critical M2M services, including those for connected & autonomous vehicles, remote surgery, and smart grid operations.
Paytm ties up with Skyscanner, Google Flights, Wego
Paytm co posted 19% y-o-y rise in total flight bookings in March quarter. International flight bookings on the platform rose 15% y-o-y in April. Recently the fintech firm also partnered with Samsung to offer flight, movies and event ticket booking through Samsung wallet. According to a company spokesperson, Paytm aim to deliver exceptional value and best travel experience to its customers.
Kanchanjunga accident: How a communication failure proved fatal
Railway officials stated that due to the automated signals not working, the loco pilot of the freight train should have stopped at red lights and then proceeded cautiously at a speed of 10-15 km/h. Instead, he was issued a paper line-clear ticket, a T/A 912, which allowed the freight train to cross Rangapani without reducing speed, leading to the collision.
Tata Communications closes maiden sustainability loan of $250 million from ANZ, DBS Bank and EDC
Tata's $250 million loan is linked to its progress on its carbon emission reduction, with the interest rate margin of the loan set to be adjusted based on these targets and the company's performance. "Such short-term targets, creating a link between the cost of banking facilities and progress achieved on key environmental milestones, are consistent with the company’s longer-term ambitions," a release from Tata Communications said
Jio Satellite Communications seeks trial spectrum after IN-Space clearance
The Department of Telecom has already granted satellite communication service licence GMPCS and internet service provider licence to Jio Satellite Communications.
Tata Communications secures five-year contract with World Athletics
Tata Communications signed a five-year contract with global sports organization World Athletics, expanding its media business by adding over 20 international events. Dhaval Ponda, Global Head of Media and Entertainment Services at Tata Communications, highlighted the significant viewership of World Athletics events.
World Athletics signs five-year broadcasting services deal with Tata Communications
World Athletics announced a five-year global broadcasting deal with Tata Communications, making the Indian telecom major a key partner for marquee events starting with the Tokyo World Championships. The agreement aims to enhance innovation and audience engagement. Tata Communications will be the host broadcaster for World Athletics Series events, delivering immersive coverage and custom live content across continents. Strategic initiatives include expanding the sport's reach and supporting sustainability efforts.
Former banker banking on past experience in ministry
Newly appointed communications minister Jyotiraditya Scindia highlighted the significant roles of the telecommunications industry and India Post, emphasizing the need to meet the expectations of the prime minister and the nation's population of 1.4 billion.
Jyotiraditya Scindia takes charge as Minister of Communications
Union Minister of Communications Jyotiraditya Scindia has emphasized the importance of the telecom division and India post division on both a global and local level. Scindia, who has previously served as civil aviation minister in the Modi cabinet, pledged to deliver according to the Prime Minister's aspirations and the 140 crore people of the country. He also highlighted the challenges of overseeing India's 5G spectrum auction, retaining India's three-private player telecom market structure, and ensuring the survival of Vodafone Idea, the government's largest stakeholder.
Paytm lays off employees as part of restructuring, facilitates outplacement support
Paytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due the impact of the Reserve Bank of India's ban on services of Paytm Payments Bank.
Israel extends Al Jazeera ban by 45 days, cites security threat
Israel extended the ban on Al Jazeera for 45 days, with the Supreme Court calling it 'precedent-setting'. The government must justify the closure by Aug. 8.
Wipro bags $500 million deal from US communications provider
The large deal win comes just two months after its new CEO Srinivas Pallia took charge following the resignation of its former chief Thierry Delaporte just seven days into the new fiscal year 2025.
US welcomes plans for crisis-communications working group with China: Pentagon
US Defense Secretary Lloyd Austin "reaffirmed the announcement by President (Joe) Biden and (Chinese) President Xi Jinping in November 2023 that both sides will resume telephone conversations between theater commanders in the coming months, and the Secretary welcomed plans to convene a crisis-communications working group by the end of the year," a Pentagon statement said.
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