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India is on the cusp of satellite broadband services by global giants
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Satellite Broadband services in India
Satellite Communication has become widespread and ubiquitous throughout the country for diverse applications catering to the sectors which are irreplaceable in serving the nation's interest. Satellite internet is a broadband internet service that uses radio waves to transmit the internet from an ISP hub to your satellite receiver dish which is attached with a modem to provide internet access. Some like SpaceX use lasers instead of radio waves to transmit the data. The radio waves are reflected in the receiver by geosynchronous low-Earth orbit (LEO) satellites that are in a fixed position in the sky. The data is transmitted to the satellite. Satellite internet could be the next big step in internet connectivity. Once a fleet of satellites is in orbit, companies would only need to set up the satellite receiver and modem to provide access to the internet from almost any corner of the world. There is no need for cables or other ground-based infrastructure at the customer’s access point. It would stand to revolutionise internet access the same way that the satellite DTH broadcasting services did for television access in India.
India is at the cusp of being a global hub for increased use of satellite communication, which can attract billions of dollars as FDI, generate huge employment, and enhance the GDP growth. About $40 billion private investments have already come in from major satellite broadband companies like Elon Musk’s SpaceX, Amazon’s Kuiper Project and the Bharti Airtel-backed OneWeb and Hughes are competing to become the biggest names in satellite internet in India. For a country like India, where providers would otherwise need to cover vast grounds with ground-based infrastructure, satellite internet provides an easy way to provide internet access to rural areas. Sunil Mittal controlled UK-based OneWeb had recently said that the company would start providing its sBy VARINDIA | 97 views
Indian telecom industry had been facing headwinds
#DigitalBusiness #Indiantelecomindustry #SunilMittal
Indian telecom industry facing headwinds
The telecom industry had been facing headwinds since the launch of services by Reliance Jio Infocomm Limited (RJIL) which manifested into decline in revenue and profit generation. Further, the Adjusted Gross Revenue (AGR) penalty added to the woes of the industry and has kept the debt levels elevated. Owing to these reasons, the financial position of Vodafone Idea Limited (VIL) has been deteriorating due to mounting losses and increasing debt levels. As per an ICRA note, this stress on VIL is likely to impact financial as well as other stakeholders and can impact the industry structure. It has been observed that as VIL owes Rs 23,400 crore to lenders and Rs 1,68,190 crore to government towards spectrum and AGR deferred dues as on June 30, 2021. Over the last 12 quarters starting Q2FY2019, VIL has been reporting sizable losses.
Further, with the addition of AGR liabilities, the debt has burgeoned to more than Rs 2 lakh crore as on June 30, 2021 (including lease liabilities). This, along with churn in the subscriber base, mostly stagnant 4G user base, and pressure on ARPU levels have kept the revenue and profit generation muted. As per ICRA, the most effective relief can come in the form of extension of moratorium on spectrum dues beyond FY2022, a move that could result in deferment of dues payable in FY2023 to the tune of Rs 32,000 crore for the industry, of which Rs 16,000 crore are VIL's. Moreover, reduction in the levies paid by telcos, namely license fee and spectrum usage charges can also lift the EBITDA. An estimation states, one per cent reduction in levies leads to annual saving of Rs 1,600 crore for the industry. VIL occupies 35% tenancy share and 36% revenue share. In a situation of VIL shutting down operations, 255 million subscribers of VIL to get impacted and tower companies will have to face a loss of these tenanBy VARINDIA | 122 views
Growing cyber risks mounting concerns to the autonomous and electric car industry
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Autonomous & electric car industry looming under cyber threat
Autonomous driving, connected cars, electric vehicles, and shared mobility – have dominated the agenda of automotive industry leaders in recent years. These innovations, built on the digitization of in-car systems, the extension of car IT systems into the back end, and the propagation of software, turn modern cars into information clearing houses. Hacking of connected cars by security researchers has made headlines over the past few years, and concerns about the cybersecurity of modern vehicles have become real. In order to excel at cybersecurity, new processes, skills, and working practices along the automotive value chain will be required. This includes identifying cyber risks, designing secure software and hardware architectures, and developing and testing secure code and chips, ensuring that issues can be fixed – even years later – via software updates. The rising need for cybersecurity will trigger investments over the next few years.
As our cars get more connected, the risk of cybersecurity breaches increases on board. While the industry charged with combatting vehicle hackers is booming, it’s a constant battle to keep up with increasingly sophisticated technology. A new standard has just been published to help manufacturers get one step ahead. ISO/SAE 21434 will help consider cybersecurity issues at every stage of the development process and in the field, increasing the vehicle’s own cybersecurity defences and mitigating the risk of potential vulnerabilities for every component. We expect to see the market grow to $9.7 billion in 2030, with software business representing half of the market by 2030. The strong growth of the market will create many new business opportunities for suppliers, established IT firms, specialist niche firms, start-ups, and many others, especially in the software development and serBy VARINDIA | 146 views
Odisha to realize its potential to play role notified under the PLI scheme
#Odisha #PLIScheme #Aluminium
Odisha to play role in PLI Scheme
Today aluminum is the most used metal in the world after iron. Bauxite is the only ore of aluminium. Bauxite deposits of Orissa are of diverse parentage. Bauxite is the ore from which aluminium is produced. Aluminium is a critical for all the key sectors it’ll help in achieving ambitious growth plan of India, with the vision of a $5 trillion economy. The government has been announcing Production Linked Incentives (PLI) across sectors. Many sectors need aluminium as a raw material which will continue to be sourced through imports rather than local production unless these anomalies are urgently fixed. As India on the world map as a global aluminium hub, despite possessing one of the world’s largest deposits, the possible key to fast-track India’s development is being ignored as bauxite mining is yet to be prioritised.
This is critically required for proposed infrastructure development, power transmission, manufacturing, transport and defence. Further, aluminium is a critical metal, essentially required for achieving low-carbon footprint and renewable energy generation. Starting from consumer electronics, household appliances, cooking utensils, doors and windows, food packaging, foils, work stations, automotive, transportation, electrical to industrial uses in the form of industrial appliances, aircraft, defence, communication equipment to spacecraft everyone depends upon aluminium. When there is huge demand, then a question arises on why the aluminium companies in Odisha are focusing for exporting of Alumina and Aluminium to rest of the world .The report says, NALCO has established it’s footprint over a large geographical area covering countries in the South East Asia, Far East, Indian Sub-continent, the Gulf, China and USA.
Today's Headline in NewsHours
0:00 Intro
2:32 Tragic if India reduced to two private player telecom market says #SunilMittalBy VARINDIA | 93 views
Sunil Bharti Mittal: पिता की छाया से निकल कर बनाई अपनी अलग पहचान
Sunil Bharti Mittal: पिता की छाया से निकल कर बनाई अपनी अलग पहचान
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Watch Sunil Bharti Mittal: पिता की छाया से निकल कर बनाई अपनी अलग पहचान With HD QualityBy PunjabKesari TV | 305 views
Sunil Mittal calls on govt to become big enabler, save 'national assets' | ET CEO Roundtable
"The announcement of the deep (tax) cuts took the industry by great deal of surprise, on the pleasant side because usually governments do it in small measures," Bharti Enterprises chairman Sunil Mittal said at the ET CEO Roundtable on Wednesday on "Tackling the Slowdown". He suggested some "other things needed to be done." Listen-in.
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Watch Sunil Mittal calls on govt to become big enabler, save 'national assets' | ET CEO Roundtable With HD QualityBy The Economic Times | 321 views
Sunil Mittal appeals to the citizens to go out and vote for India's future
Sunil Mittal appeals to the citizens to go out and vote for India's future. He also tells, that it's important for people to express what they feel about current state of affairs in the country
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Watch Sunil Mittal appeals to the citizens to go out and vote for India's future With HD QualityBy The Economic Times | 296 views
Today Breaking News ! आज 19 मार्च 2019 की 25 बड़ी खबरें
Today Breaking News ! आज 19 मार्च 2019 के मुख्य समाचार, 25 बड़ी खबरें EP105
#19_March_2019
1. सरकार ने राजनीतिक पोस्ट ऑनलाइन शेयर नहीं करने का कोई आदेश जारी नहीं किया है
2. पणजी में राजकीय सम्मान के साथ हुआ मनोहर पर्रिकर का अंतिम संस्कार
3. आरकॉम ने चुकाया एरिक्सन का ₹462 करोड़ बकाया, जेल जाने से बचे अनिल अंबानी
4. आज देश संकट में है इसलिए मुझे घर से निकलना पड़ा: प्रियंका गांधी
5. होली के बाद जेडी(यू) करेगी लोकसभा चुनाव के लिए प्रत्याशियों की घोषणा
6. एयरटेल डीटीएच, डिश टीवी के विलय की बातचीत सुनील मित्तल ने की शुरू: खबर
7. गोवा पहुंचकर प्रधानमंत्री मोदी ने दी दिवंगत सीएम मनोहर पर्रिकर को श्रद्धांजलि
8. अरुणाचल में 1 वोटर के लिए एक दिन में 39 किलोमीटर पैदल चलेगी इलेक्शन टीम
9. ज़बरदस्ती यूपी में गठबंधन हेतु 7 सीटें छोड़ने का भ्रम ना फैलाए कांग्रेस: मायावती
10. प्रयागराज से 'गंगा यात्रा' पर निकलीं प्रियंका, 3 दिन में करेंगी 140 किमी का सफरBy UP TAAZA NEWS | 1266 views
Budget 2019: India Inc on growth story under Modi govt | Economic Times
Corporate bigwigs share their thoughts on Narendra Modi-led NDA government's performance and how the economy has performed in the last five years. Supriya Shrinate of ET Now talks to Bharti Enterprises chair Sunil Mittal, veteran banker KV Kamath, Mahindra Group chairman Anand Mahindra, JSW Group's Sajjan Jindal and SpiceJet chairman Ajay Singh during the 2019 World Economic Forum in Davos. Watch now.
By The Economic Times | 3917 views
Market mood not uplifting due to fear of unknown, uncertainty: Sunil Mittal
The Economic Times | A Times Internet Limited product
Markets reality on the ground is not so bad. But, mood is not uplifting because of the fear of unknown and uncertainty, says Sunil Bharti Mittal at the World Economic Forum 2019 in Davos, Switzerland.By The Economic Times | 675 views
Why Mukesh Ambani is winning telecom battles
India's telecom industry is in turmoil, and depending on whom you ask, one man deserves all the credit or all the blame. Watch this explainer video to understand what has been the reason for this situation of the telecom sector.
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Watch Why Mukesh Ambani is winning telecom battles With HD QualityBy The Economic Times | 881 views
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Harsh Malhotra Exclusive Interview:65 साल में जो कांग्रेस नहीं कर पाई, Modi सरकार ने 10 साल में कियाBy PunjabKesari TV | 871 views
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Delhi IGI Airport Accident News: दिल्ली IGI एयरपोर्ट पर ड्रॉपिंग एरिया की छत गिरी, एक शख्स की मौतBy PunjabKesari TV | 2391 views