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DoT to seek Trai's views on 5G; considers spectrum auction in 2020

DoT to seek Trai's views on 5G; considers spectrum auction in 2020

The Department of Telecom will soon seek sector regulator Trai's recommendations on pricing and other modalities for coveted 5G bands of 24.75-27.25 GHz, and wants to put this new spectrum up for auction sometime next year, sources said.

This new 5G chunk is separate from the Rs 5.22 trillion spectrum sale plan approved by the Digital Communications Commission on December 20, under which 8,300 MHz of airwaves across 22 circles are set to be put on block in March-April 2020.

Jet Airways hits upper circuit for 7th straight day, nears 3-month high

Jet Airways hits upper circuit for 7th straight day, nears 3-month high

Shares of Jet Airways (India) were locked in 5 per cent upper circuit for the seventh straight day at Rs 28.25 on the BSE on Thursday as the creditors of the shuttered airline decided to seek fresh initial bids for the airline. The stock is trading at its highest level since September 30, 2019.

The Committee of Creditors (CoC) would seek fresh Expression of Interest (EoI), according to a regulatory filing on Monday.

Centre should fix major loopholes in OCI card, says Indian-American activist Prem Bhandari

Centre should fix major loopholes in OCI card, says Indian-American activist Prem Bhandari

Following dozens of Indian-Americans facing difficulties at airports while travelling from the US to India over provisions in the OCI, an eminent Indian-American activist has said that the card should not be considered as “a multi-purpose lifelong visa” and demanded the Indian government fix major loopholes in it. Under the provisions of the OCI card, which gives the cardholder lifelong visa to India, those below 20 years and above 50 years need to renew their OCI card every time they have their passport renewed.

Vaughan calls ICC rankings 'absolute garbage' over England, NZ's position

Vaughan calls ICC rankings 'absolute garbage' over England, NZ's position

Former England captain Michael Vaughan has slammed the International Cricket Council's ranking system, terming it as absolute garbage.

India are currently ranked number one in ICC Test team rankings, followed by New Zealand, South Africa, England and Australia.

16 dead as typhoon Phanfone wreaks havoc on Christmas in Philippines

16 dead as typhoon Phanfone wreaks havoc on Christmas in Philippines

A typhoon that swept across remote villages and popular tourist areas of the central Philippines on Christmas Day claimed at least 16 lives, authorities said Thursday.

Typhoon Phanfone, with winds of 195 kilometres (120 miles) an hour, tore roofs off houses and toppled electric posts as it cut across the Philippines on Wednesday.

Housing sales in 2019 rise 6% to 46,920 units in Delhi-NCR, says Anarock

Housing sales in 2019 rise 6% to 46,920 units in Delhi-NCR, says Anarock

Housing sales in the national capital region went up by 6 per cent to 46,920 units during 2019 on higher demand for affordable homes and completed flats, according to property consultant Anarock. Prices in Delhi-NCR remained stagnant at nearly ~4,600 per sq ft, while unsold inventories fell by 6 per cent to 1,75,079 units from 1,86,714 units.

Across seven major cities, sales rose by 5 per cent to 2,61,370 units in 2019 compared to 2,48,310 units in the previous year. Sales dropped by 22 per cent in the second half of this year to 1,47,120 as against 1,14,250 units during January-June period this year.

GoAir cancels flights due to delayed aircraft deliveries by Airbus

GoAir cancels flights due to delayed aircraft deliveries by Airbus

Budget carrier GoAir, which cancelled multiple flights earlier this week, on Thursday said the delay in aircraft deliveries by Airbus has added to its operational challenge.

The Wadia group-owned airline cancelled as many as 40 flights this week on account of shortage of staff and inclement weather, among others issues.

Terror attacks in Punjab being planned by pro-Khalistan outfits with Pak's support: Intelligence sources

Terror attacks in Punjab being planned by pro-Khalistan outfits with Pak's support: Intelligence sources

Khalistani terrorists are planning to carry out terror attacks in Punjab, sources in the Intelligence agency claimed.

Intelligence agencies' sources told Zee News that the Khalistani terrorists have escalated their efforts to smuggle weapons from Pakistan to Punjab to carry out terror attacks in the latter.

Bombay Shaving Company raises Rs 45 crore in Series B funding round

Bombay Shaving Company raises Rs 45 crore in Series B funding round

Men’s skincare brand Bombay Shaving Company (BSC) has raised Rs 45 crore in Series B funding round led by Sixth Sense Venture Partners. Existing investor Colgate Palmolive Asia Pacific, a subsidiary of consumer goods giant Colgate-Palmolive, participated in the round too.

BSC said it has also created Rs 20 crore worth of exit opportunities for 30 angels and early employees. This fundraising has taken the total capital raised by BSC to Rs 80 crore.

Prashant Kishor presses Rahul Gandhi to declare ‘no NRC’ in Congress-ruled states

Prashant Kishor presses Rahul Gandhi to declare ‘no NRC’ in Congress-ruled states

Janata Dal (United) leader Prashant Kishor on Tuesday thanked Congress leader Rahul Gandhi for joining the protests against the Citizenship Amendment Act and proposed pan-India National Register of Citizens (NRC) exercise. Kishor said that he expects Rahul to make his party’s stand on the matter official by declaring that NRC will not be implemented in the states ruled by the grand old party.

Thanks Rahul Gandhi for joining citizens’ movement against CAA, NRC. But as you know beyond public protests we also need states to say NO to NRC to stop it, he said in a tweet in the morning.

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