Reliance 5G; Google to invest Rs. 33,737 million rupees in Jio
- The president of Reliance Group, Mukesh Ambani, announced that the digital branch of his group, Jio, was developing a local 5G telecommunications solution. Jio designed and developed a complete 5G solution from scratch.
- It will be available for testing as soon as the 5G spectrum becomes available, and may be ready for deployment in the field next year, said Ambani at Reliance Industries’ annual general meeting.
- The broader context here is that China, and in particular telecommunications giant Huawei had led the establishment of 5G networks worldwide.
- The Chinese company was also to be part of the plans for implementing 5G in India, as it had previously been allowed to participate in tests for the new technology.
- The UK plans to remove Huawei from its role in the country’s 5G networks by 2027. Meanwhile, Google has announced that it is investing 33,337 crore of rupees on Jio platforms for a share of 7,7%, which is added to a significant investment since April which crossed Rs.1.52 lakh crore Google joined Facebook, which opened the cycle of investment in Jio Platforms by acquiring a 9.99% stake for Rs. Rs 43,573.62 million, as well as chip maker Intel Corp and Qualcomm Inc.
Details of the fourth round of withdrawal talks were expected
- The fourth round of talks between India and China at the corps commander’s level, which was held in eastern Ladakh on Tuesday, lasted 15 hours while the two sides were working to finalize the next one withdrawal phase, Details of the talks are awaited.
- The objective of the talks was to resolve the modalities of the second phase of disconnection from the confrontation areas, as well as the withdrawal of the massive deployment of Chinese troops, tanks, artillery and air defenses along the line of control current (LAC).
- The mobilization violates the border agreements signed between India and China to maintain peace and tranquility in the LAC region. In a separate development, the Ministry of Defense has again granted emergency powers to the armed forces to obtain weapons systems that can cost up to Rs. Rs 300 million emergency, without additional authorization, to shorten the acquisition cycle. Similar powers were granted to the services after the Balakot air strike in February 2019.
Election Commissioner Lavasa has been appointed vice-president of the ADB
- Election commissioner Ashok Lavasa has been appointed vice-president of the Asian Development Bank (ADB), the multilateral agency announced today.
- Appointed election commissioner in January 2018, Lavasa was to succeed Sunil Arora as the next election commissioner in April next year. He still has two years left.
- If he takes the post of ADB, this will only be the second instance of an early departure of an election commissioner in the history of the electorate.
- Mr. Lavasa has a long and distinguished career in the Indian public service. He is currently one of India’s election commissioners and has previously held various high-level positions, the ADB said in a statement.
- During the 2010 Lok Sabha campaign, Lavasa prepared a dissenting note on the decisions taken by the voting panel on complaints against Prime Minister Narendra Modi and Amit Shah.
- The EC panel had given Modi a clear response to all complaints of violations of the Model Code of Conduct. Lavasa subsequently started skipping panel meetings, claiming that “minority decisions” were “suppressed in a manner contrary to well-established conventions observed by the statutory bodies of various members.”
- Later, the income tax service sent a notice to his wife, Novela S Lavasa, on allegations of discrepancies in the presentation of statements The Compliance Department also began to investigate Lavasa’s son, Ab go Lavasa, for having allegedly violated the exchange laws.
- The number of coronavirus cases reported in India was 9, 66,048 at the time of publication of this newsletter, with a death toll of 24,960.
- The Permanent Parliamentary Committee on Home Affairs, chaired by the head of Congress, Anand Sharma, said at a meeting on Wednesday that the government should establish a national database of migrant workers so that they do not cover Social Security.
- Members are said to have asked Interior Minister Ajay Bhalla and other interior ministry officials to explain whether better coordination between states and districts could have prevented the mass exodus of migrant workers during the national foreclosure sparked by the pandemic, and many of them had to walk hundreds of kilometers to reach their homes.
- Co-secretary of the Ministry of Health, Lav Agarwal, as well as other members of his ministry were also present at the meeting. Officials, the sources said, informed the panel that if a national blockade had not been imposed, the number of cases could have reached 50 lakh and we would have seen almost 1.5 lakh dead.
- With Iran abandoning India’s Chabahar railway project, former Congress VP Rahul Gandhi criticized the Modi government’s foreign policy and tweeted: “India’s global strategy is in tatters.” We are losing power and respect everywhere and GOI does not know what to do.
- Iran’s decision to leave India comes as China finalizes a $ 400 billion 25-year strategic partnership agreement with China.
- The Supreme Court will begin to hear, starting July 27, day by day, a series of appeals challenging a decision of the Bombay Supreme Court that confirms a state law that reserves jobs in the Maratha community.