BRITISH TELECOM
Musk is getting it wrong on India's space "oligarchs". Here's why
Though Starlink boasts extensive satellite internet coverage, many potential users find the service economically unviable. The Indian government is strategically evaluating its communications infrastructure choices, potentially leaning towards homegrown solutions for critical services, which may boost Reliance's positioning against SpaceX in the market.
In 2010, Ashton Kutcher helped launch a $30 million investment fund; 6 years later, its portfolio had grown to $250 million through bets on Uber and Airbnb
Kutcher became a widely known actor through films and television shows. After getting famous, his interest in business also grew gradually. Once an endorsement deal made him realise the value of owning a stake in a business. He then went on exploring technology investments, and later built a lot of connections with people in the Silicon Valley.
In 1984, UK investors put £1,000 into British Telecom shares; 20 years later, reinvested dividends lifted the stake to £5,710
The UK government began selling BT shares to the public on November 30, 1984, giving individual investors an opportunity to buy a stake in the telecommunications company. More than two million individual investors bought shares in the telecommunications company on that date, according to The Guardian.
Inside Tata's empire as N. Chandrasekaran secures another five-year term
Tata Sons reappointed N. Chandrasekaran as chairman for another five years. The conglomerate's aviation business includes Air India and Air India Express. Tata Motors transformed into a global automotive group after acquiring Jaguar Land Rover. Tata Consultancy Services remains a significant contributor to dividend income. Tata Steel and Tata Power are key players in their respective industries.
COAI, British High Commission ink MoU for cooperation on AI, digital trust, intelligent connectivity
COAI and the British High Commission signed a pact for AI and digital trust. This collaboration aims to strengthen responsible technology-led innovation and connectivity. Senior representatives discussed Artificial Intelligence's role in future digital infrastructure. Governments must ensure innovation progresses alongside security and accountability. This MoU reflects the importance of trusted international collaboration for digital connectivity.
UK's IQE swings to first-half profit and sees more AI data centre upside
British chip maker IQE reported a first-half profit, supported by strong AI demand. The company maintained its annual outlook, exceeding earlier expectations. IQE plans to move its shares to London's main market by 2027. Increased demand for indium phosphide will lead to manufacturing capacity expansion. Long-term agreements with key customers are strengthening IQE's revenue base.
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Canadian Pension Fund La Caisse buys 24% stake in Brookfield-backed Altius for ₹12,100 cr
Canadian investor La Caisse acquired a significant stake in Altius Telecom Infrastructure Trust. This investment totals approximately ₹12,100 crore, reflecting confidence in India's digital growth. Altius operates over 258,000 telecom towers, supporting mobile and 5G services nationwide. Brookfield will continue as the largest investor in the infrastructure platform. This deal highlights growing global interest in India's expanding digital infrastructure sector.
Stake in British Telecom adds flavour to our international investment: Shravin Mittal, MD, Bharti Global
Bharti Enterprises has acquired a 24.5% stake in British Telecom as highlighted by Shravin Mittal, Managing Director of Bharti Global. Mittal expressed confidence in BT's new management and strategic execution plan. Bharti Global, which has invested heavily in various sectors, views this as a long-term investment aligned with their strategy.
British Telecom to hire 1,800 to boost in-house digital talent
British Telecom is focusing on entry-level talent, including apprentices, graduates, and women returning back to work, among others.
British Telecom to recruit 900 for cyber security business
UK-based British Telecom is planning to recruit 900 cyber security professionals in a year from across the globe.
British Telecom to shut down India call centres
Telecom giant British Telecom has announced plans to shut down its call centres in India to bring them back to Britain following complaints of poor customer service.
British exam board outsources marking to India
A major exam board has become the first in Britain to outsource marking to India as part of a cost-cutting project aimed at speeding up the assessment process.
British Telecom begins sale of part stake in Tech Mahindra
Global player British Telecom today began sale of a part of its over 23 per cent stake in IT major Tech Mahindra in the open market.
Tech Mahindra: British Telecom business stagnation, slow growth in other channels are worries
The stock of Tech Mahindra has gained over 11% in the five trading sessions after the company announced its June quarter results on August 9.
Vodafone-type deals taxed in US, China, Euro nations: Government
Amid intense lobbying in favour for Vodafone in the Rs 11,000 cr tax dispute case, FinMin today said that similar transactions are taxed in USA, UK and other European nations.
No relief for Indians from social security taxes in UK
Britain had said that it was not possible to sign such an agreement with India due to fiscal pressures post global financial crisis .
Subex multi-million dollar framework contract with British Telecom renewed for 5 year
Subex Ltd, a leading provider of business support systems for communications service providers, today said its multi-million dollar framework contract with British Telecom has been renewed.
Mid-cap mantra: Cost cuts at British Telecom, thin margins to hurt Tech Mahindra
Loss of business from its biggest client BTand depleting operating profit margin added to the woes of the country's fifth-largest software exporter.
Accel acquires 51% stake of British Telecom in Accel Frontline
IT and media firm Accel Ltd today said it has acquired the 51 per cent stake held by British Telecom for Rs 49.9 crore to become a majority shareholder in Accel Frontline Ltd.
BT to invest 78 million pounds in Asia, stay invested in Tech Mahindra
Communication solution provider, British Telecom, will invest £78 million over a year in Asia and hire more than 150 people in India over three years.
Vodafone contests Rs 11,000 cr tax claim on Hutchison deal
British telecom major Vodafone today contested Rs 11,000 crore tax imposed by Indian authorities on its acquisition of Hutchison, saying it has no tax liability and will continue to take actions to defend itself.
Tech Mahindra drops on results, BT stake sale buzz
Tech Mahindra said its Q2 profit fell by 10.83% to Rs 150.67 cr due to a charge of Rs 36.70 cr it incurred in relation to its shareholding in Mahindra Satyam.
British Telecom surrenders NLD, ILD licences; DoT permits
Amid such requests from several non-starters, the government is understood to have permitted British Telecom to surrender STD and ISD services licences.
Strategic partner with 26 pc stake an ideal solution: BSNL CMD
Facing a sharp deterioration in its finances and market share, state-owned BSNL today said selling a 26 per cent stake to a strategic partner, be it foreign or domestic, could improve its performance.
MHA may clear BT-certified Huawei, ZTE gear
MHA may allow Chinese telecom equipment makers to supply ware.
'British Telecom may axe more jobs'
UK-based telecom major British Telecom may slash more jobs in addition to the 10,000 lay-offs announced yesterday, a report said today.
British Telecom denied ISD licence
Global communication major British Telecom’s application to begin STD and ISD services (national and international long distance) in India has failed to pass muster with the Department of Telecom.
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