Draft telecom policy proposes incentives for using made-in-India gear

New Delhi: The government is looking to incentivise telecom operators for using indigenously designed and manufactured equipment, according to the draft National Telecom Policy (NTP), 2025. The move could boost local gear makers such as Tejas Networks, HFCL, STL, and startups in the domain and level the playing field with global manufacturers, including Nokia, Ericsson,…

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Mumbai’s luxury real estate market soars in H1, sale of homes worth ₹40 crore+ triples- Top 5 costliest deals

Mumbai’s real estate market buzz remained afloat in the first half of the current calendar year as homes worth over ₹40 crore saw the sharpest rise in terms of selling during this period, a new report has revealed. According to a report by India Sotheby’s International Realty, the number of homes sold worth more than…

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Trai wants more enforcement teeth to rein in telcos, may ask govt to amend rules

According to three government officials aware of the matter, the telecom regulator is working on a plan to get the decades-old Trai Act, 1997 amended and give itself more teeth. To be sure, Trai has sufficient powers to regulate telecom service quality, resolve disputes via TDSAT, and protect consumer interests, but lacks adequate enforcement powers….

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