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Day: July 4, 2018

CCI provides approval for merging of Bharti Infratel and Indus Towers

CCI provides approval for merging of Bharti Infratel and Indus Towers. Bharti Airtel-owned telecom tower company Bharti Infratel Limited got an approval from the Competition Commission of India to merge with Indus Towers Limited. As per the deal, Bharti Infratel will offer 1,565 shares for every one share of Indus Towers. Indus Towers Ltd is the largest tower company in India with around 27 per cent market share

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A successful launch of SES 12 satellite will help fast track Digital India

The successful launch of SES-12, new mega satellite recently, would help support India’s growing direct-to-home TV market, as more and more consumers in rural India embrace the medium. SES-12s high throughput capacity over South Asia and India will help to fast-track Digital India, and financial inclusion initiatives. The satellite will be able to help accelerate the country’s push towards a Digital India.

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Bengaluru to get India’s first government run e-Waste recycling plant

Union minister of chemicals and Fertilizers Ananth Kumar announced that India’s first e-waste recycling unit will come up in Bengaluru. Bengaluru is also the third in terms of e-waste generation in the country. While India produces 18.5 lakh metric tonnes of electronic waste annually, a whopping 92,000 metric tonnes comes from Bengaluru. Computers form 70% of the total e-waste and telecommunication equipment constitutes 12%.

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