wordpress blog stats
Connect with us

Hi, what are you looking for?

News Roundup: Reliance Digital Retail,Telenor, DoT & More

Reliance Digital Retail, the electronics chain run by Reliance Group, has announced that it intends to increase its retail store count to 500 by March 14 from the present count of 101 stores across India. The company claims that it would emphasize on Tier 2 and Tier 3 cities for their expansion. Apart from increasing the number of stores, the company has also announced that it plans to have a warehouse at every state of the country. It currently has 21 warehouses across India. **** Telenor  has paid 33% of its bid price for the 2G spectrum after the telecom department (DoT) refused the company to offset the entry fee paid by its earlier joint venture partner - Unitech, reports ET. The DoT has stated that since Telenor had bid under a new and separate entity  for the 2G spectrum, therefore it could not offset the Rs 1,658-crore paid by its JV with Unitech. The company had won spectrum in 6 circles during the recently conducted 2G auctions, after its license was cancelled by the Indian Supreme Court in February 2012. Note that Telenor has paid the highest per MHz for spectrum: 1.8 times the next highest average price. **** Converge.in, a blog that keeps a track of broadband development in India, reports that Indian Government's plan to re-farm 900MHz spectrum band and auction it next year might not be that easy as Airtel, Vodafone, Idea may seek legal remedy. Read more here. **** The Standing Committee on Information Technology has stated that the department of Telecom (DoT) should review the…

Please subscribe/login to read the full story.
Written By

Free Reads

PhonePe

News

PhonePe explained that this collaboration with UAE’s Mashreq Bank was facilitated through Mashreq’s partnership with NPCI International Payments Limited (NIPL).

News

Bankman-Fried has also been ordered to forfeit $11 billion to repay the aggrieved customers of his crypto-exchange platform FTX.

Amazon

According to UOKiK, Amazon misled users into believing that placing an order or receiving an order confirmation was tantamount to a sales contract, which...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ