The location of the Haji Ali intersection in Mumbai has one of the highest concentrations of towers and antennae in India, making it one of the best mobile signal coverage sites. But that coverage comes at a high cost. While the towers generate crores in annual revenue for Viom Networks, Bharti Infratel, Indus Towers, Reliance Infratel, and GTL, here’s the green alert: To run the base stations (equipment at the base of the towers that process the signals) around 2 billion litres of diesel is required annually to run gensets. Switching to solar power can save Rs 6,506.4 crore in operational costs. The industry, which is responsible for 11 million tonnes or 1% of India’s CO2 emissions, could also do with a face-saver. Anyone on the line?
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Enterprise
93% Indian executives anticipate a cyber-budget increase next year: PwC
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Enterprise
93% Indian executives anticipate a cyber-budget increase next year: PwC
Cloud-related threats remain the foremost worry, cited by 55% of Indian executives as their most concerning cyber risk, marking a 3% increase from the previous year.
Gautam Adani indicted: Read our full coverage here
The tycoon indicted in a U.S. federal court for allegedly paying bribes over $250 mn; Adani Group junks charges terming them "baseless"
Adani Group rejects SEC allegations as 'baseless'; vows legal recourse
The Adani Group says the US Department of Justice itself has said that the indictment charges are "allegations" and that it “must be presumed innocent unless and until proven guilty.”
LIC loses $920 mn across Adani holdings in just 4 hrs!
The country’s largest life insurance company has lost over $1.85 bn over Sept-end valuation