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News on Medial
Tracing India’s Telecom Journey This World Telecom Day
Inc42
·
1y ago
Medial
India has made significant progress in the field of telecommunications over the last five decades. The country now has the second-largest telecom network and is home to 1.19 billion telecom users. The rapid adoption of internet services, fueled by the availability of 4G and the fierce competition sparked by Reliance Jio's entry, has transformed India into the world's third-largest new-age tech ecosystem. As India celebrates World Telecommunication and Information Society Day 2024, the focus is now shifting towards 5G and the future exploration of 6G technology. The government is making efforts to provide internet connectivity to remote areas through satellite communication, and India aims to lead the world in 6G development.
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Related News
How much energy does your AI prompt use? I went to a data center to find out.
Livemint
·
15d ago
Medial
Joanna Stern from The Wall Street Journal investigated the energy consumption of AI prompts by visiting a data center housing Nvidia DGX H100 GPUs. She uncovered the significant and often mysterious energy demands of these prompts, tracing their journey from personal devices to large, noisy, and expensive GPU clusters. This exploration highlights the broader impacts of AI technology on energy resources.
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Vodafone Idea takes AGR dues battle to Supreme Court
Inshorts
·
1m ago
Medial
Vodafone Idea has moved to the Supreme Court after the Indian government rejected its plea to waive over $5 billion in AGR dues. Facing massive liabilities and stiff competition, the telecom giant seeks relief to avoid collapse. The case’s outcome could reshape India’s telecom landscape and determine Vodafone Idea’s survival.
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TRAI Soon To Finalise Updated Regulations On Curbing Spam Calls, Messages
Inc42
·
8m ago
Medial
The Telecom Regulatory Authority of India (TRAI) is set to finalize regulations within the next three months following discussions on a recent consultation paper. TRAI proposes that telecom subscribers who make more than 50 calls or send around 50 SMS messages per day should be considered potential pesky callers. In response to its directives, TRAI has also instructed telecom operators to disconnect over 2.75 lakh mobile numbers and telecom resources.
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BPCL’s Project Ankur Invests ₹28 Crore in Startups, 1,076 CBG Projects Boost India’s Atmanirbhar Bharat Vision | DeepNewz India
Business Bytes
·
1m ago
Medial
BPCL's Project Ankur has invested 28 crore INR in 1,076 Compressed Biogas (CBG) projects in India, aligning with Prime Minister Modi's Waste to Wealth vision. Under the SATAT initiative, launched in 2018, 100 CBG plants are operational, producing 700 tonnes per day, with 80 more plants underway expected to add 600 tonnes per day. Additionally, over 315 retail points and 61 city gas stations are part of this sustainable energy journey.
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‘India must accelerate...’: Titan Capital’s Kunal Bahl eyes bold defence founders, launches fund
Business Today
·
1m ago
Medial
Kunal Bahl's Titan Capital is committed to accelerating India’s indigenous defence innovation by supporting bold founders developing advanced defence technologies. The venture capital firm is interested in sectors like hardware, aerospace, cyber, AI, and advanced manufacturing. It invites individuals with expertise in defence tech to collaborate, including former armed forces personnel and technologists, to ensure informed and strategic investment choices. Titan Capital aims to drive India’s journey towards self-reliant defence capabilities.
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Peak XV’s Shailesh Lakhani and Abheek Anand to step down
Entrackr
·
5m ago
Medial
Peak XV’s managing partners Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led investments in Southeast Asia, have decided to step down. Lakhani has confirmed his departure from the venture capital firm through a post on micro-blogging platform X. “As my time at Peak XV/Sequoia India reaches 17.5 years, I’ve decided it’s the right moment to step back from the firm. It has been an incredible journey—one that began in August 2007, when India’s startup ecosystem was in its infancy, to today, where it stands as one of the most vibrant in the world. I wouldn’t have traded this courtside seat for anything,” said Lakhani. Anand has not made an official statement regarding his resignation, but TechCrunch first reported it this afternoon. Lakhani and Anand were appointed as Managing Directors of Peak XV during the company's rebranding from Sequoia Capital. This is a developing story. Stay tuned for updates.
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Cabinet Approves Kaynes’ INR 3,300 Cr Investment To Set Up A Semiconductor Unit In Gujarat
Inc42
·
10m ago
Medial
Kaynes Semicon is planning to set up a chip manufacturing unit in Sanand, Gujarat, with a production capacity of 60 lakh chips per day. The chips produced in this unit will be used in various sectors like automotive, EVs, consumer electronics, telecom, and mobile phones. The Indian government has been actively encouraging semiconductor investments, and this project is part of their efforts to develop the semiconductor ecosystem in the country.
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From garage to glory: How CarDekho's founders built a tech giant from Rajasthan
YourStory
·
5m ago
Medial
CarDekho’s journey challenges the myth that successful tech startups must emerge from India’s metropolitan hubs. Starting in a garage in Jaipur, CarDekho became a billion-dollar platform, highlighting potential in Tier II cities. At the Rising Rajasthan Global Investment Summit 2024, CarDekho’s founders shared insights on their success, attributing it to local roots, a supportive cost environment, and a focus on innovation over competition. This story underscores Rajasthan's budding startup ecosystem and support for entrepreneurs.
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India Is building for the world: Suniel Shetty at Vibrant Buildcon
Inshorts
·
2m ago
Medial
At Vibrant Buildcon, Suniel Shetty praised India's global rise in manufacturing and trade. “India isn’t just building for itself anymore. We’re building for the world,” he said, applauding small-town entrepreneurs and their role in showcasing India’s capabilities. The event drew delegates from over 60 countries, highlighting India’s potential as a global partner in infrastructure and innovation.
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DreamPark Raises $1.1 Million Seed Funding Led by Long Journey Ventures, Founders Inc. to Transform Physical Spaces into Mixed Reality Parks | DeepNewz VC
Business Bytes
·
1m ago
Medial
DreamPark has successfully raised $1.1 million in seed funding, with Long Journey Ventures and Founders Inc leading the investment. The company aims to revolutionize real-world spaces by transforming them into mixed-reality theme parks. This funding will help DreamPark enhance its technology and expand its innovative approach, blending physical environments with digital experiences to create immersive and interactive attractions for users.
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