UNIFIED COMMUNICATIONS
RBI grants white-label ATM licence to Mumbai-based EPS
Mumbai-based EPS is backed by investors like the UK's Apis Partners and Dutch Entrepreneurial Development Bank FMO. The licence has made it the country's fifth white-label ATM operator alongside Tata Communications Payment Solutions, India1 Payments, Hitachi Payment and Vakrangee. The RBI had last issued this licence in 2014 to India1 Payments. Earlier, three other companies had surrendered their licences.
World Post Day 2024: Theme, history, significance, and how to celebrate
World Post Day is celebrated on October 9 to highlight the postal sector's role in daily life and global development. This year, the theme is '150 years of enabling communication and empowering peoples across nations'. Countries celebrate through events like philatelic exhibitions and the release of special stamps while rewarding postal employees.
Zoom phone service launched in Pune, will be expanded to other circles in coming months
Zoom has introduced its Zoom Phone service in India with support for native phone numbers, beginning with Maharashtra and set to expand to other regions soon. This cloud PBX service aims to simplify communication for hybrid workforces and meets India's regulatory requirements. It offers voice features integrated with Zoom's AI-powered collaboration platform, appealing to businesses of all sizes.
Trai to discuss regulation for OTT apps separately; prioritise Satcom spectrum framework: Chairman
Telecom regulator Trai will prioritize satellite spectrum pricing before addressing regulation for OTT apps like WhatsApp and Telegram. A consultation paper on satellite spectrum pricing will be issued soon. Trai has recommended a new framework under the Telecommunications Act 2023, simplifying service authorizations and reducing costs for providers.
'No reason to be apprehensive': Trai assures telcos on new regime
The telecom regulator has addressed concerns of operators regarding the proposed authorisation mechanism, assuring that the government cannot unilaterally change rules. The new regime will replace the current licensing system but maintain the 8% license fee. The changes aim to simplify processes and enhance service delivery.
Trai moots single authorisation for all telecom services
The Telecom Regulatory Authority of India (Trai) has proposed a unified authorisation for satellite telecommunication, merging VSAT and GMPCS licences. This would allow entities to offer various telecom services under one authorisation. The proposal includes reducing entry fees and eliminating renewal fees, aiming to replace the current licensing regime if accepted by the government.
Trai recommends overhaul of telecom licensing regime
The Telecom Regulatory Authority of India (Trai) has proposed a unified authorisation regime for telecom services, including mobile, internet, and satellite. This overhaul aims to simplify the licensing process and reduce entry fees. The proposal excludes over-the-top services and suggests merging various service categories to streamline operations.
Paytm may achieve profitability by 2027, upside lies in being acquired by banks or corporate: Bernstein report
As a “middle path”, Bernstein suggested that if Paytm manages to attract a large investment for a sizable stake from a major corporate house, then there is a chance for the business to revive faster and also get some protection from future regulatory shocks.
Telcos push for regulating OTT communication apps
Telecom companies have pushed for regulators to bring communication apps like WhatsApp into regulatory licensing. They supported the idea for a single Unified Services Authorisation to simplify telecom regulations. Industry bodies had mixed reactions, with some cautioning against structural changes and others urging expansion of ISP license scope.
Starlink, SES differ with Amazon’s Kuiper, Apple partner on Trai’s unified satcom licence proposal
Global satellite firms have differing stances on the Indian telecom regulator's proposal to merge authorisation regimes for satellite services. While Amazon's Kuiper and others support a unified licence, Starlink, SES, and allies argue for keeping them separate to streamline and clarify current authorisations instead of merging the scopes for better service delivery.
DoT to develop unified portal for industry, consumers
The Department of Telecommunications (DoT) plans to streamline and enhance user experience with a unified super interactive portal integrating over 10 existing websites. This initiative aims to consolidate telecom industry information and consumer services onto a single platform, facilitating real-time interactions and easing compliance for telecom operators while enhancing service accessibility for consumers.
Persistent Systems buys US software firm Starfish Associates for Rs 173 crore
Persistent Systems said in a statement, "Known for its cutting-edge Enterprise Communications automation platform, Starfish Associates caters to the world’s largest enterprises including many Fortune 500 companies." Following the acquisition announcement on Wednesday morning, Persistent’s stock hit a 52-week high to 4,596 apiece rising over 2% on the BSE.
Rise in cyber threats make companies go for unified security command
As the digital world expands, demand for cybersecurity leaders grows. Organizations recognize cyber risks can lead to financial losses, reputational damage, and threaten public safety. This surge drives demand for cyber insurance across sectors like finance, healthcare, and technology. Senior cybersecurity roles are crucial, requiring deep technical knowledge, business acumen, and skills in regulatory compliance.
Transform your CX with G7 CR's disruptive approach towards customer experience
G7 CR Technologies, a Noventiq company, revolutionizes unified customer experience in the tech industry, driving business transformation and enhancing customer satisfaction.
New UPI scam: Fraudsters send you 'Rs 200.00' and ask to return Rs 20,000; how to protect yourself from UPI overpayment scam
UPI overpayment scam: You should be careful before sending or accepting any UPI collect money request especiallly from unknown numbers or IDs. This is because scamsters have now become more sophisticated and specifically targetting various tricks to make sure you stay distracted enough to not notice the scam. Read here how a individual got saved from this scam and what you can do.
Paytm shares locked-in 10% upper circuit amid heavy volumes
Shares of One97 Communication, the company behind the digital payments platform Paytm, experienced a significant surge of up to 10% intraday on Friday following an upward revision of the circuit filter at the stock exchanges.
Are you thinking about studying overseas? This is how to up your odds of getting a scholarship
Explore scholarships strategically with passion, persistence, and organizational discipline to enhance success for international students aspiring academic advancement in their study abroad journey.
Paytm market cap nears $2.5 billion as shares continue to tumble
When it was listed on the public bourses in 2021, Paytm was valued at nearly $20 billion.
One airspace: India sets in motion a plan to unify its airspace under a single command
Implementing the single airspace strategy will allow carriers to determine the most optimal routes, saving time and fuel. Planes can fly more consistently at higher altitudes, burning less fuel, and descend more efficiently and smoothly to land.
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