Groww IPO Approved - Valuation at $7 Billion

Billionbrains Garage Ventures, the parent company of Groww, secures Sebi approval for IPO to raise $700 million to $1 billion, with a valuation of $7 billion. Unique pre-filing route opted for IPO details.

Devastating Ransomware Attack Shuts Down UK Transport Giant

158-year-old UK transport company, KNP Logistics, closed its doors after a crippling ransomware attack led to a ransom demand of £5 million, data loss, and 700 job losses.

IndiQube IPO Hits Dalal Street

Bengaluru-based IndiQube Spaces to launch Rs 700-crore IPO on July 23, reducing fresh issue size and offering for sale. Company plans to use funds for expansion and debt repayment.

First Commercial Satellite Launches in India Set for December

Major players like Eutelsat OneWeb, Reliance Jio-SES, and Starlink to launch satellite communication services in India by December, after securing permits and awaiting spectrum allocation.

Telecom Dispute: 700 MHz Spectrum Allocation for Railways

Telecom Department and Trai are at odds over allocating 700 MHz spectrum to Indian Railways for safety apps, differing on charges and procedure.

Telecom Operators Clash with Tech Giants over Satellite Spectrum Pricing

Telecom operators and major tech firms are at odds over regulatory recommendations on satellite spectrum pricing, highlighting differences in technology and market scale.

India Awaits Launch of Satellite Telecom Service

Bharti Enterprises is ready to launch satellite telecom services in India pending spectrum allocation, advocating for a level playing field and highlighting the importance of satellite services for rural areas.

Groww Eyes $700M IPO Amid Rising Market Trends

Bengaluru-based Groww, India's largest stockbroking firm, plans to launch a $700 million IPO following increased investor base and operational profit.

TRAI Initiatives to Combat Spam Calls and Improve Telecom Services

TRAI Chairman announced regulations to curb spam, launch pilot program for digital permissions, emphasize protection of consumer interests, and focus on spectrum recommendations for satellite communications.

Indian Telecom Sector Soaring with AI and 6G Advancements

Indian telecom sector with 1.2 billion subscribers is pioneering AI and 6G advancements, facing hurdles such as network burdens, OTT platforms, spectrum allocation challenges, and QoS norms.

Borosil Renewables to Raise Rs 700 Crore Through Preferential Issue

Borosil Renewables Ltd. withdrew its rights issue of Rs 450 crore in favor of a larger fundraising of up to Rs 700 crore through warrants and equity shares, to support growth amidst market improvements.

Bharti Airtel Repays Rs 3,626 Crore Spectrum Dues

Bharti Airtel clears spectrum fees from 2016 auction by making a prepayment of Rs 3,626 crore to the Indian government, settling all outstanding liabilities with higher interest rates.