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TRAI orders extension of mobile recharge validity period to 30 days

  • Vouchers currently offered to pre-paid cell phone customers as a one-month plan are limited to 28 days. This results in the need to recharge 13 times a year. In this situation, TRAI has ordered all telecom companies to implement a 30-day plan.
  • Accordingly, it has been ordered to fix the validity period on special tariff vouchers and combo vouchers at 30 days. This is likely to reduce the number of prepaid recharges to 12 per year.
India, Central Asian Summit 2022
  • The India-Central Asia Summit was held via video. It was attended by Uzbek President Shakat Mirziyov, Turkmenistan's President Kurbanguli Bertemugamud, Kazakhstan's President Qassam Jomar Tokoyev, Kyrgyz President Sadir Zabarov and Tajik President Emamali Rahman. Prime Minister Modi held a video conference with them.
Air India hands over to Tata Group
  • Air India, a state-owned company, continued to operate at a loss of revenue. The government has been selling the company for the past few years. The auction details provided by the Tata Group were accepted by the Central Government. 
  • Air India was acquired by Tata Group's Dalcy Pvt Ltd for Rs 18,000 crore. In this context, the handover of Air India to the Tata Group was completed. Shares of Air India were handed over to Tata Group's Talasi Pvt. With this, Air India was officially handed over to the entire Tata Group.
TCS ranks 2nd in the list of most valuable IT companies in the world
  • Brand Finance is the world's leading brand appraisal and consulting firm. It is headquartered in the City of London. The company annually publishes a list of the world's most valuable companies. 
  • Accordingly, the company has recently released a list of the 25 most valuable IT companies in the world for the year 2022. India's TCS has moved up to second place, behind IBM, which was ranked 2nd last year.
  • TCS has grown by 12% compared to the previous year. The company has also achieved 24% growth since 2020. As a result, TCS's market capitalization increased to $ 16.8 billion during the period.
  • Ascension, the world's most valuable IT company, continues to be number one. Another Indian company, Infosys, is ranked 3rd. IBM, which was in 2nd place, has been pushed to 4th place.
  • Apart from TCS, other Indian companies like Infosys, Wipro, Tech Mahindra, HCL, LTI are also in the top 25 list.
Chennai IIT partnership with Larsen & Toubro Infotech (LTI) for innovation in 5G technology
  • Chennai IIT, one of India's leading research education institutes, has partnered with Larsen & Toubro Infotech, a global technology consulting and digital solutions company for innovations in 5G technology.
  • These are to engage in research to provide the best possible 5G network service connectivity in rural India. The main objective of this initiative is to create a low cost 5G base for rural IT communication.

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