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Telecom operators, in their latest submission to sector regulator Trai, have unanimously demanded to bring over-the-top apps like WhatsApp, Signal and Telegram within the ambit of the licensing regime under the new Telecommunication Act. Reliance Jio, Bharti Airtel, Vodafone Idea and industry body COAI — in their comments on the consultation paper issued by Trai, seeking views on the framework for service authorisations to be granted under the Telecommunications Act, 2023 — have said that the calling and messaging apps should be brought under services to be provided through authorisation. «As per our understanding, OTT Communication services are covered under the new Telecom Act as an access service,» Telecom operators industry body COAI said in its submission to the Telecom Regulatory Authority of India (Trai). Reliance Jio said the definition of 'message' and 'telecommunication service' under the newly enacted Telecommunication Act, 2023, includes all forms of telecommunication services, including the communication services provided over the top using the platform, servers or switches hosted in the public internet.

Securities and Exchange Board of India (Sebi) on Friday released a consultation paper seeking feedback on proposals, including alignment of provision regarding approval and authentication of financial results for entities having listed non-convertible securities with that for equity listed entities. Under the proposed norms, the quarterly financial results submitted shall be approved by the board of directors. Further, the financial results submitted to the stock exchange shall be signed by the chairperson or managing director, or a whole-time director. In the absence of all of them, it should be signed by any other director of the listed entity who is duly authorised by the board of directors to sign the financial results.

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Ravi Gandhi, Additional Director General (ADG), BSF Eastern Command, Kolkata, who is also heading committee constituted by Ministry of Home Affairs (MHA) Government of India to monitor the current situation on Indo-Bangladesh border, conducted a comprehensive review of the operational preparedness and prevailing security scenario along the Indo-Bangladesh. He is on a four day-long visit to the international border to the BSF Guwahati Frontier's area of responsibility. On the first day of his visit at Sector Headquarters Gopalpuri Gandhi was briefed by Makrand Deouskar, Inspector General (IG) of Guwahati Frontier, along with senior staff officers.

Lucknow. The conference would be held with the theme «Sashakt aur Surakahit Bharat: Transforming the Armed Forces' (String and Secure India: Transforming the Armed Forces'). The first day of the conference would be addressed by the Chief of Defence Staff, where the topmost defence officer in the country is expected to address the military commanders on how the wars of the future will be fought and how the Indian armed forces will tackle the security challenges through transformation into Theatre Commands, defence sources told ANI.

Franklin Templeton Mutual Fund announced the launch of Franklin India Ultra Short Duration Fund, an open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between three months and six months with a fund with relatively low interest rate risk and moderate credit risk. The new fund offer or NFO of the scheme will open for subscription on August 19 and will close on August 28 during which units will be available at Rs 10 per unit. The scheme will reopen for continuous sale and repurchase on August 30. The fund shall invest in debt and money market instruments like non-convertible debentures, bonds, certificates of deposits, commercial papers, treasury bills and government securities such that the Macaulay duration of the portfolio is between 3 months and 6 months.

Kolkata Police Commissioner Vineet Goel on Friday asserted that the force was not trying to shield anyone and it tried to be as transparent as possible in the probe into the alleged rape and murder of a doctor at a state-run hospital here. Addressing a press conference, Goel also admitted that despite «sufficient security presence», the police did not expect the protesting crowd to turn violent outside RG Kar Hospital premises in the early hours of August 15, and were initially caught off-guard when a deputy commissioner-ranked officer got injured. The CP said that Kolkata Police has handed over all evidence, including videographed post-mortem to the CBI, which is investigating the case upon orders of the Calcutta High Court. «We are not shielding anyone, and police tried to be as transparent as possible in our probe. We have handed over all evidence related to the case to the CBI. Have faith in the central probe agency,» he said.

Shares of Ashok Leyland Ltd.(up 3.86 per cent), Mahindra & Mahindra Ltd.(up 3.47 per cent), Tata Motors Ltd.(up 3.39 per cent), Tata Motors Ltd.(up 3.38 per cent) and Bosch Ltd.(up 3.06 per cent) ended the day as top gainers in the pack.

Benchmark NSE Nifty closed 397.41 points up at 24541.15 amid buying in frontline bluechip counters.

Jammu and Kashmir unit of the Congress and CPI (M) on Friday welcomed the announcement of the assembly polls by the Election Commission and said people were eagerly waiting for the restoration of democracy in the Union Territory. The Election Commission said the assembly polls in Jammu and Kashmir would be held in three phases on September 18, 25 and October 1, and the votes will be counted on October 4. «Better late than never,» Pradesh Congress Committee senior vice-president Ravinder Sharma told PTI reacting to the announcement by Chief Election Commissioner Rajiv Kumar. He said the people in Jammu and Kashmir were waiting for the assembly elections for the past six years after the fall of the PDP-BJP government in June 2018.

BRUSSELS—Apple has long kept a tight grip on its iPhone ecosystem. In Europe, its hold is starting to weaken. “Fortnite" maker Epic Games on Friday said it is launching an alternative app store for iPhone users in Europe.

assembly elections in Jammu and Kashmir and Haryana. The elections in J&K will be held in three phases starting from September 20. In Haryana, the elections will be held on October 1. The results will be out on October 4 for J&K and Haryana. While many anticipated that Chief Election Commissioner Rajiv Kumar would announce the schedule for the Maharashtra elections as well, he explained why this wasn’t the case. He said, Maharashtra elections will be announced later due to security requirements for Jammu and Kashmir. «In the past, Maharashtra and Haryana Assembly elections were held together, and at that time, Jammu and Kashmir was not a factor. This year, however, we have four elections to manage initially—J&K, Haryana, Maharashtra, Jharkhand—and a fifth one shortly after in Delhi.»

Narendra Modi on Friday spoke with Bangladesh government's interim head and Noble Peace laureate Muhammad Yunus and extended India's full support in restoration of peace in the neighbouring country. In a post on X, PM Modi said that Yunus has assured protection, safety and security of Hindus and all minorities in Bangladesh. After the fall of Sheikh Hasina’s government, who resigned and fled to India on August 5 amid massive protests over a controversial job quota system, reports have surfaced that Bangladesh experienced a surge in violence against the Hindu community.

Pakistan government has confirmed that it was upgrading its «web management system» to cope with cyber security threats amid speculation about the installation of a so-called 'firewall' that could be leading to internet disruptions in the country, according to a media report on Friday. Millions of people across Pakistan have been facing trouble accessing internet services for some time now due to limited connectivity, particularly while using mobile data in some regions. So far, official stakeholders in Pakistan have either been feigning ignorance in response to public outcry and media queries, or claiming that the problems were because of telecom and internet service providers, or even Meta.

Logistics firm Ecom Express has filed draft papers with the market regulator for an initial public issue of shares worth nearly Rs 2,600 crore. The offer will comprise fresh shares worth Rs 1,284 crore and another Rs 1,315 crore in an offer for sale (OFS) by existing investors, the company informed the Securities and Exchange Board of India in its draft red herring prospectus (DRHP). If it gets the regulatory approval and goes ahead with the IPO, Ecom Express will become the second new-age logistics firm focused on online deliveries to be listed on the Indian public bourses, after Delhivery that listed in May 2022.

Ola Electric, Unicommerce, and First Cry have significantly enriched their investors, reflecting strong market interest and confidence in these companies. These successful public offerings highlight the potential of homegrown businesses in India, suggesting that the market is eager for more such opportunities. Nithin Kamath, the founder of Zerodha, acknowledged the success of these IPOs and emphasized the need for more Indian companies to follow suit. He noted that the success of these IPOs could serve as an incentive for other companies to consider going public, which would, in turn, attract more retail and institutional investors. Kamath pointed out that a steady flow of new securities is essential for the growth of the market, particularly as domestic investment continues to increase. His comments were met with a wave of responses from the public, many of whom urged Zerodha to consider its own IPO. People questioned whether Kamath would lead by example and bring Zerodha to the stock market.

Cryptocurrency exchange Bybit has registered as a virtual asset service provider (VASP) and card operator with the Financial Information Unit (FIU) in Argentina.

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US lawmakers want the Biden administration to probe China's TP-Link Technology Co and its affiliates for potential national security risks from their widely used WiFi routers over fears they could be used in cyber attacks against the U.S. Republican Representative John Moolenaar and Democratic Representative Raja Krishnamoorthi, who lead the House Select Committee on China, requested a Commerce Department probe in a Tuesday letter seen by Reuters. According to research firm IDC, TP-Link, which focuses on the consumer market, is the top seller of WiFi routers internationally by unit volume.

Nilesh Shah, MD, Kotak AMC, asks how can we become wealthy with an asset allocation where 93% of savings is not going to deliver real return. Of course, there are complexities and there is worry. But while investing in risk-taking assets like equities, bonds, debentures, and mutual funds, take guidance from experts. With their advice and support, one will be able to invest for real return. So, invest for real return, even though it means taking some risk. What kind of change have you seen in your personal, and professional life that is reflected in India so far as India celebrated its 78th year of independence? Nilesh Shah: My father died very early when I was very young and my mother was always dependent on me for her retirement. She never had enough savings and she was always spending to make us study and help us grow. Hence, she is dependent upon me as her retirement solution. But I can proudly say I have done my retirement solution through my money. That is the change I want to see in every Indian.

A dual U.S.-Russian citizen has been sentenced to 12 years in a Russian prison for treason after authorities learned she donated just over $50 to a charity supporting Ukraine.