A day after the Centre announced a relief package for the telecom sector, Bharti Airtel Chairman Sunil Bharti Mittal sent out a message of synergy, telling reporters that he had spoken to Vodafone Group CEO Nick Read about the need to invest more and that there was a conversation with Reliance Industries Chairman and Managing Director Mukesh Ambani as well on all telcos working together.

Acknowledging that Bharti Airtel would avail the moratorium of dues offered by the government, Mittal said the company would redirect the cash flow to aggressively build networks.

With 30,570 more people testing positive for COVID-19, India's overall infection tally has risen to 3,33,47,325, while the count of active cases has dipped to 3,42,923, according to the Union Health Ministry on Thursday.

The death toll due to the disease has climbed to 4,43,928 with 431 daily fatalities being recorded, according to data updated by the ministry at 8 am.

Ola Electric, the mobility giant's electric vehicle arm, said that it sold scooters worth over Rs 600 crore in just 24 hours, during its sale of Ola S1 and S1 Pro scooters. The SoftBank-backed company said it sold 4 scooters every second.

Ola Electric, which had to defer e-scooter sales due to a website glitch last week, opened the purchase of Ola S1 and S1 Pro on Wednesday. The purchase can be made exclusively on the Ola app and the process is completely digital.

Vodafone Idea Ltd has got a big breather, with the Cabinet on Wednesday clearing a proposal for giving telcos a moratorium on their adjusted gross revenue (AGR) dues as well as spectrum payments prospectively for the next four years. According to analysts, the move translates into a relief in the company’s cash outflow by over Rs 65,000 crore.

However, with VIL losing market share month-on-month, will it be able to use the improved cash flows to upgrade its network (from 2G to 4G) and get back on track? To be sure, it has got much more than what it had asked from the government— another two-year moratorium only on spectrum payments.

Leading security solutions provider Mitsogo Inc has planned to recruit 250 new people, as it expanded its footprint by setting up a new office in the city, the company said on Wednesday.

The company currently has an office in Cochin, Kerala and employs over 250 people in that facility, a press release said here.

Shares of Indus Tower rallied 15 per cent to Rs 279.35 on the BSE in intra-day trade on Thursday after the Union Cabinet on Wednesday approved a relief package for the telecom sector (telcos) that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign direct investment through the automatic route. The stock is trading close to its 52-week high of Rs 282 touched on 24 February, 2021.

Shares of ITC hit a seven-month high of Rs 233.30, on rallying 8 per cent on the BSE in intra-day trade on Thursday on expectation of an improvement in its business. The stock is trading at its highest level since February 2021. It had touched a 52-week high of Rs 239.15 on February 9, 2021.

The counter has seen a significant trading activity, with over five-fold jump in trading volume on the BSE on Thursday.

More than 76.11 crore COVID-19 vaccine doses have been provided to states and UTs so far, the Union Health Ministry said on Thursday.

Further, more than 1.65 crore doses are in the pipeline.

While the overall crime rate in the national capital dipped by 16 per cent in 2020 as compared to 2019, Delhi has reported the highest number of crimes against women among all the metropolitan cities of the country.

According to the data released by the National Crime Records Bureau (NCRB), the number of cases registered under the Indian Penal Code (IPC) in Delhi saw a sharp dip by 18 per cent between 2019 and 2020.

The Yogi Adityanath government has issued an order withdrawing 868 cases of stubble burning registered against farmers in Uttar Pradesh.

The order comes two weeks after Chief Minister Yogi Adityanath had announced that the government will withdraw cases of stubble burning pending against farmers.

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