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May 11, 2024

Vi investment focus on 4G and 5G: CEO

Vodafone Idea (Vi) CEO Akshaya Moondra has told the company's near 220 million customers that upcoming investments will focus on expansion of 4G services and roll out of 5G and that the telco's recently concluded ₹18,000-crore follow-on public offer (FPO), subscribed seven times, is a significant milestone."We are ready for a new chapter of growth and innovation that is empowered by our state-of-the-art network, advanced technology and unwavering commitment towards customer satisfaction," Moondra wrote in a mass communication to Vi customers Friday.He added that Vi's upcoming investments in expanding 4G and rolling out 5G services with the latest technology would ensure the telco continues to deliver the service quality that customers expect.ET recently reported that Vi has expedited tal

May 10, 2024

Warmest April ever fuelled weather extremes

The world experienced the warmest April ever and the eleventh consecutive month of record-high temperatures, the World Meteorological Organization (WMO) confirmed on Friday. Sea surface temperatures have been record high for the past 13 months, it said. The WMO said this is happening due to naturally occurring El Nino -- unusual warming of waters in the central and eastern Pacific Ocean -- and the additional energy trapped in the atmosphere and ocean by greenhouse gases from human activities. A similar streak of record high temperatures happened previously during the strong El Nino event of 2015-2016. The average temperature of 15.03 degrees Celsius in April was 1.58 degrees Celsius higher than the month's average for 1850-1900, the designated pre-industrial reference period, the WMO s

May 10, 2024

Wales govt meets with Tata Steel for UK plant

Wales First Minister Vaughan Gething on Friday said he held a "candid meeting" with Tata Steel on the issue of expected job losses at the company's Port Talbot plant in South Welsh. The First Minister, who is on a visit to India as part of the trade mission, also expressed hope that the Indian steel major, which has a "positive reputation", would take the same approach for the workers at the Welsh plant. Last month, Tata Steel announced to proceed ahead with its plans to close down the two furnaces at the plant and replace them with electric furnaces as part of its plans to go green in steel manufacturing. The proposed move could affect some 2,500 jobs in the next 18 months. But trade unions have opposed the move, and some 1,500 workers have reportedly voted in favour of an industrial act

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