Sunday, May 28, 2023

EMD

5G auction: Jio, Airtel lead the race

With the mega 5G spectrum auction (worth Rs 1.9 lakh crore) beginning from Tuesday amid the tussle over captive private 5G networks, Reliance Jio and Bharti Airtel are set to boost their market share as India prepares for a...

5G auction: Jio submits earnest money deposit of Rs 14k crore

India’s largest telecom operator Reliance Jio Infocomm has submitted earnest money deposit (EMD) of Rs 14,000 crore ahead of its participation in 5G auction, while Bharti Airtel has put in Rs 5,500 crore.According to the list of pre-qualified bidders...

MoD amends military acquisition procedure

The armed forces will have to source military hardware under modernisation drive from the domestic industry and their import should only be an exception, the ministry of defence said on Monday, announcing major changes in India’s defence acquisition procedure.The...