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BSNL cautious in partnering with ZTE to Set up 5G network, says Shrivastava

BSNL cautious in partnering with ZTE to Set up 5G network, says Shrivastava

NEW DELHI: Bharat Sanchar Nigam Ltd (BSNL) will be “cautious” while deciding on extending an alliance with Chinese technology vendor ZTE to set up a fifth-generation (5G) network in the country in the wake of security concerns, a top official said.

“When it comes to rolling out the 5G network, a cautious call will be taken,” BSNL chairman Anupam Shrivastava told ET, adding that the telecom technology needs to be protected. He was responding to a question on the threat perceived in deploying Chinese telecom equipment.

Sensex bounces 321 points in early trade on positive Asian cues

Sensex bounces 321 points in early trade on positive Asian cues

The benchmark BSE Sensex on Monday recovered over 321 points in early trade on fresh buying by investors amid a firm trend in Asian markets and better-than-expected earnings from HDFC Bank.

Moreover, the rupee appreciating by another 8 paise to 73.24 against the US dollar and easing crude prices also buoyed sentiments.

Paytm powers Japan's new wallet 'PayPay', offers cashbacks to lure users

Paytm powers Japan's new wallet 'PayPay', offers cashbacks to lure users

One97 Communications-backed Paytm on Sunday announced that PayPay Corporation, its joint venture between SoftBank Corp and Yahoo Japan Corporation, has launched PayPay, a smartphone-based settlement service in Japan.

It is built around the QR-technology from Paytm that has over 300 million customers and over 9.5 million offline merchants. SoftBank is utilising Paytm’s technology and expertise in mobile payments.

Infosys sees year's 5th top-level exit: Global consulting head Toombs quits

Infosys sees year's 5th top-level exit: Global consulting head Toombs quits

Top-level exits continue at Infosys, the country’s second largest company in information technology services.

The latest one being Ken Toombs, global head of consulting at the Bengaluru-based entity. Highly placed sources said he is presently serving out the mandatory notice period.

Air India deals under investigation; ED probes alleged money laundering during UPA-I: Report

Air India deals under investigation; ED probes alleged money laundering during UPA-I: Report

The Enforcement Directorate (ED) is probing the merger of Air India and Indian Airlines and the acquisition of 111 aircraft for alleged money-laundering during the UPA-1 era, The Indian Express reported on Saturday. The ED probe has come more than a year after the Central Bureau of Investigation (CBI) began investigating the deals.

EU approves $7.5 bn acquisition of GitHub by Microsoft

EU approves $7.5 bn acquisition of GitHub by Microsoft

The European Commission on Saturday announced it has approved the $7.5 billion acquisition of GitHub by Microsoft.

The Commission said that effective competition in the relevant markets would continue and Microsoft would have no incentive to undermine the open nature of GitHub’s platform.

HDFC Bank net up 20.6% to Rs 50 bn in Sep quarter; gross NPAs rise 1.33%

HDFC Bank net up 20.6% to Rs 50 bn in Sep quarter; gross NPAs rise 1.33%

Private lender HDFC Bank on Saturday reported a 20 per cent increase in its net profit to Rs 50.05 billion during the quarter ended September.

The bank's performance was in line with estimates, especially with healthy growth in the net interest income. The private sector lender had registered a net profit of Rs 41.51 billion in the July-September quarter of 2017-18 (FY18).

Amritsar train accident: Nitish questions public events near railway tracks

Amritsar train accident: Nitish questions public events near railway tracks

Expressing grief over the train accident in Punjab, Bihar Chief Minister Nitish Kumar has questioned the level of preparedness for the public event near railway tracks.

More than 58 people were mowed down by a train on railway tracks Friday evening at Joda Phatak area near Amritsar during Dussehra celebrations.

Phone makers in Europe to pay Google $40 per device to carry Google's apps

Phone makers in Europe to pay Google $40 per device to carry Google's apps

Android manufacturers will have to pay $40 per device to Google in Europe to be featured into Google Play Store and other mobile apps.

According to a report in The Verge on Friday, a confidential fee schedule shows costs as high as $40 per device to install the "Google Mobile Services" suite of apps.

New Hyundai Santro launch on October 23; six reasons why company feels it will be winner again

New Hyundai Santro launch on October 23; six reasons why company feels it will be winner again

Globally, it was called Hyundai Atos. When this tall car with a short bonnet and a vertical back was launched in India on September 23, 1998, Hyundai chose the name Santro—taken from Saint-Tropez, the French city famous for fashion—because the company wanted to project it as a ‘fashionable’ new car. It was the first uniquely-designed small car that was not a Maruti (Fiat had launched the forgettable Uno in 1996), and it appealed to customers.

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