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Bharti Airtel ties up with Qualcomm for 5G services in India

Bharti Airtel ties up with Qualcomm for 5G services in India | Hindustan Times

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A Bharti Airtel office building is pictured in Gurugram on the outskirts of New Delhi, India. (Reuters)
A Bharti Airtel office building is pictured in Gurugram on the outskirts of New Delhi, India. (Reuters)

business

The country’s second-largest telecom operator said it will use Qualcomm’s 5G RAN platforms to roll out virtualized and open RAN-based 5G networks.

Reuters

PUBLISHED ON FEB 23, 2021 12:28 PM IST

Indian telecom operator Bharti Airtel said on Tuesday it will collaborate with US chipmaker Qualcomm to roll out 5G services in India.

The country’s second-largest telecom operator said it will use Qualcomm’s 5G RAN platforms to roll out virtualized and open RAN-based 5G networks.

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A Bharti Airtel office building is pictured in Gurugram on the outskirts of New Delhi, India. (Reuters)
A Bharti Airtel office building is pictured in Gurugram on the outskirts of New Delhi, India. (Reuters)

business


Bharti Airtel ties up with Qualcomm for 5G services in India

Reuters

PUBLISHED ON FEB 23, 2021 12:28 PM IST

The country’s second-largest telecom operator said it will use Qualcomm’s 5G RAN platforms to roll out virtualized and open RAN-based 5G networks.


Gold bars are pictured on display at Korea Gold Exchange in Seoul, South Korea. (REUTERS)
Gold bars are pictured on display at Korea Gold Exchange in Seoul, South Korea. (REUTERS)

business


Gold prices mostly flat, silver slightly up

By hindustantimes.com | Edited by Shankhyaneel Sarkar, Hindustan Times, New Delhi

PUBLISHED ON FEB 23, 2021 12:20 PM IST

  • The dollar falling to its lowest levels has led to a drop in gold prices for buyers who hold other currencies.

Treasury Secretary Janet Yellen and Microsoft Corp. co-founder Bill Gates were the latest to weigh into a debate over the digital coin. Gates cautioned about how investors can be swept up in manias, while Yellen said Bitcoin is an “extremely inefficient way of conducting transactions.”(REUTERS)

business


Bitcoin tumbles below $50,000 as caution about rally takes hold

Bloomberg

PUBLISHED ON FEB 23, 2021 12:08 PM IST

The cryptocurrency fell as much as 11% to below $50,000. At one point Monday the digital currency plunged 17% before paring the worst of the slide.


A combination of declining income and escalating property prices during 2020 prompted affordability to worsen in most cities. Apart from Hong Kong, the other cities ranked in the top 10 saw affordability deteriorate from the year before as the pandemic exacerbated the wealth gap.(AFP)
A combination of declining income and escalating property prices during 2020 prompted affordability to worsen in most cities. Apart from Hong Kong, the other cities ranked in the top 10 saw affordability deteriorate from the year before as the pandemic exacerbated the wealth gap.(AFP)

business


Hong Kong homes ranked least affordable for 11th year

Bloomberg

PUBLISHED ON FEB 23, 2021 10:16 AM IST

Hong Kong’s median property price dropped slightly to 20.7 times its median household income in 2020, from 20.8 times the year prior.


Tesla CEO Elon Musk speaks at the E3 gaming convention in Los Angeles, California, US. (REUTERS)
Tesla CEO Elon Musk speaks at the E3 gaming convention in Los Angeles, California, US. (REUTERS)

business


Musk loses $15.2 billion in a day after issuing warning regarding Bitcoin surge

Bloomberg

PUBLISHED ON FEB 23, 2021 10:05 AM IST

Elon Musk is no longer the world’s richest person after Tesla Inc. shares slid 8.6% on Monday, wiping $15.2 billion from his net worth.


Sensex trading in green as it open 143 points higher.(PTI)
Sensex trading in green as it open 143 points higher.(PTI)

business


Indices in green as Sensex open 177 points higher, Nifty at 14,728.20

Reuters, New Delhi

UPDATED ON FEB 23, 2021 09:58 AM IST

On the Nifty 50, Reliance Industries was the top boost, adding more than 2% after the conglomerate said late on Monday it expected to get approvals for O2C business spin-off by the second quarter and announced its aim to become “net carbon zero” by 2035.


A woman checks her mobile phone as she walks past a mobile store of Reliance Industries' Jio telecoms unit, in Mumbai. (Reuters)
A woman checks her mobile phone as she walks past a mobile store of Reliance Industries’ Jio telecoms unit, in Mumbai. (Reuters)

business


Reliance Jio plans $950 million data centre in Uttar Pradesh

By Utpal Bhaskar, Livemint, New Delhi

UPDATED ON FEB 23, 2021 10:31 AM IST

  • Reliance Jio’s data centre plan comes against the backdrop of the government projecting India’s digital economy to grow to $1 trillion by 2025.

A petrol pump attendant filling fuel into a vechicle in New Delhi (Amal KS/ Hindustan Times).
A petrol pump attendant filling fuel into a vechicle in New Delhi (Amal KS/ Hindustan Times).

business


Fuel prices rise after 2 days, petrol & diesel up by 25 and 35 paise in Delhi

By hindustantimes.com | Written by Karan Manral

PUBLISHED ON FEB 23, 2021 08:16 AM IST

Petrol and diesel are retailing in Delhi at INR90.83 and INR81.32 for every litre, respectively, a record high for both.


Melody last February sued Falcone, accusing him of defaulting on $65.8 million in loans and violating the terms of lending agreements by selling two paintings used as collateral, including one by Andy Warhol.(Image via social media )
Melody last February sued Falcone, accusing him of defaulting on $65.8 million in loans and violating the terms of lending agreements by selling two paintings used as collateral, including one by Andy Warhol.(Image via social media )

business


Stakes in Falcone’s Hamptons, New York homes head to auction

Bloomberg

PUBLISHED ON FEB 23, 2021 06:08 AM IST

The Melody entity, an affiliate of Melody Capital, is undertaking a so-called uniform commercial code foreclosure and on April 13 will publicly auction interests in Falcone’s properties


Indian indices are now 5% below their record highs set after the Union budget on 1 February. The India Volatility Index, or VIX, rose 14.5% on Monday to touch 25.47, reflecting investor anxiety about further corrections. (Representative Image)(Bloomberg)
Indian indices are now 5% below their record highs set after the Union budget on 1 February. The India Volatility Index, or VIX, rose 14.5% on Monday to touch 25.47, reflecting investor anxiety about further corrections. (Representative Image)(Bloomberg)

business


Markets plunge as rise in Covid cases sparks fear

By Nasrin Sultana, Neetu Chandra Sharma, New Delhi/mumbai

PUBLISHED ON FEB 23, 2021 01:34 AM IST

The BSE Sensex fell 1,145.44 points or 2.25% to close at 49,744.32, while the broader Nifty index lost 306.05 points or 2.04% to close at 14,675.70.


The Seattle-based company has expressed support for Australia's plans, which could help increase market share of its Bing search engine.(AP file photo)
The Seattle-based company has expressed support for Australia’s plans, which could help increase market share of its Bing search engine.(AP file photo)

business


Microsoft, EU publishers seek Australia-style news payments

AP

PUBLISHED ON FEB 22, 2021 09:35 PM IST

Microsoft is joining forces with two lobbying groups, the European Publishers Council and News Media Europe, along with two groups representing European newspaper and magazine publishers, which account for thousands of titles.


File photo of US Treasury Secretary Janet Yellen.(Reuters)
File photo of US Treasury Secretary Janet Yellen.(Reuters)

business


Bitcoin extremely inefficient for transaction, says Janet Yellen

By hindustantimes.com | Edited by Amit Chaturvedi

UPDATED ON FEB 22, 2021 09:35 PM IST

The most popular cryptocurrency on Monday fell to $47,400, a one-week low. At one point, it lost nearly 17 per cent of its value.


According to Stockpulse, an indicator measuring GameStop's buzz on Reddit first peaked in early December, a solid month before its price started climbing.(Reuters file photo)
According to Stockpulse, an indicator measuring GameStop’s buzz on Reddit first peaked in early December, a solid month before its price started climbing.(Reuters file photo)

business


Wall Street robots are having a hard time decoding Reddit’s ‘memes and typos’

Bloomberg

UPDATED ON FEB 22, 2021 08:22 PM IST

  • Reddit forum WallStreetBets is hard for humans to follow at the best of times. But spare a thought for the machines.

Twitter eclipsed 20% growth in daily active users for five straight quarters and has projected it will do so again in the current quarter.(AP)
Twitter eclipsed 20% growth in daily active users for five straight quarters and has projected it will do so again in the current quarter.(AP)

business


Twitter kicked Donald Trump out and its stock surged to a record

Bloomberg

PUBLISHED ON FEB 22, 2021 07:23 PM IST

  • Twitter is now thriving in the stock market, up 33% so far this year. This week it notched its first share-price record since 2013.

An Adidas logo is seen at the new Futurecraft shoe unveiling event in New York City, New York, U.S. April 6, 2017. REUTERS/Joe Penney(REUTERS)
An Adidas logo is seen at the new Futurecraft shoe unveiling event in New York City, New York, U.S. April 6, 2017. REUTERS/Joe Penney(REUTERS)

business


Adidas looks to resume dividend after paying back state loans

Bloomberg

PUBLISHED ON FEB 22, 2021 06:26 PM IST

The German sportswear maker’s payout plan would amount to 585 million euros ($710 million) and underscores the company’s “positive outlook” for this year, according to a statement Monday.

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