Naukariadda

from Economic Times https://ift.tt/9f0bMFg

from Economic Times https://ift.tt/NThJjfv

India is aiming to connect 1 billion people to 5G by 2030, after bringing nearly 500 million users onto the network in just two-and-a-half years, Union Communications Minister Jyotiraditya Scindia said on Wednesday as he unveiled the theme for the 10th edition of India Mobile Congress (IMC) 2026.Speaking at the theme launch of Asia's largest digital technology event, Scindia also announced that India's first Telecom Manufacturing Zone (TMZ) will be set up in Gwalior, Madhya Pradesh, to create a dedicated manufacturing ecosystem for telecom equipment, semiconductor companies and data centres.The minister launched "Scale without boundaries" as the theme for IMC 2026, scheduled to be held from October 7 to 10 at Yashobhoomi in New Delhi. The theme reflects India's ambition to scale homegrown technologies and digital infrastructure globally."India's journey in telecom has moved from connecting the next billion to enabling the next billion possibilities,"...

US aircraft maker Boeing reported a wider-than-expected Q2 loss Tuesday after booking a $280 million charge tied to its troubled Air Force One replacement program, Reuters reported.The charge reflected higher engineering costs associated with delivering two delayed US presidential aircraft in 2028 and contributed to a second-quarter net loss of $428 million.The aircraft maker’s shares rose 5% in midday trading despite the Q2 loss, as investors focused on improving production and stronger cash flow. Its core loss of 76 cents per share was wider than analysts’ estimate of a 30-cent loss but narrower than the $1.24-per-share loss recorded a year earlier, according to LSEG data.Boeing generated $631 million in free cash flow, reversing a $200 million outflow in the second quarter of 2025, partly due to stronger-than-expected customer payments. The company maintained its full-year free cash flow forecast of $1 billion to $3 billion, which would mark its first positive annual result since 20...

Wall Street ended mixed on Monday, as investors awaited guidance from major technology companies in a busy week for quarterly earnings, while also worrying that stubbornly high oil prices could force the Federal Reserve to raise interest rates. Microsoft, Amazon, Meta and Apple are set to report quarterly results this week. Investors were questioning whether a multi-year rally fueled by optimism ‌about artificial intelligence ⁠may be ⁠losing steam. Investors last week were spooked by quarterly results from Tesla and Alphabet that showed heavy spending on artificial intelligence. On Monday, crude fell to a one-week low as U.S. President Donald Trump said Washington was having "good talks" with Iran and there was a chance of a peace deal, but warned U.S. strikes would resume if the negotiations failed to deliver. Oil prices surged last week, with Brent futures surpassing $100 a barrel, after new strikes on shipping in the Middle East. The S&P 500 consumer staples index and ...

from Economic Times https://ift.tt/xX6A8e9