Telecom to create around 2 mn jobs this year: Report

January 18, 2017

New Delhi, Jan 18: The telecom sector is expected to create two million jobs this year, thanks to increased data penetration and entry of new service providers, says a report.

spectrumThe entry of new service providers, the government's initiatives like 'Make in India' and thrust on mobile economy will also add to the buoyancy in the sector, it said.

"While the overall hiring will see a boost, the verticals that will drive the manpower requirement are handset makers (1.76 million) followed by the service providers (0.37 million)," said the report compiled by TeamLease along with Telecom Sector Skill Council.

With 5G technology, it added, the infrastructure sector will catch up and add a plethora of opportunities in the long run.

"Infrastructure will add 0.92 million jobs by 2020-21 and the overall labour requirement for the sector by 2021 will be over 8.7 million," it added.

"While the increased focus on affordability, reduction of the prices of handset, operator's investments in improving networks, demonetisation and the following push for adoption of digital wallets will boost the availability of job openings in the sector, the sector still seems to be grappling with skill deficit," TeamLease Services Senior Vice President Neeti Sharma said.

The sector requires skills in areas such as IoT, mobility solutions, telecom infrastructure, network architectures, sales amongst others.

Some key profiles that will see rise in demand in 2017 are network engineers, infra and cyber security professionals, application developers, system engineers, I-DAS engineers, in shop sales executives, handset manufacturing technicians, call center executives, services & infrastructure technicians , back office & administration, repair executives among others, the report added.

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Agencies
March 7,2020

New Delhi, Mar 7: The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10 billion as of Saturday.

The EoI submissions can be made till May 2, whereas investor queries will be entertained till April 4.

Another condition pertains to a maximum of four members are permitted in a consortium, and the lead member must hold 40 per cent in proportion. Other members of the consortium must have a minimum $1 billion net worth.

The EOI allows changes in the consortium within 45 days, though the lead member cannot be changed.

The GoI proposes to disinvest its entire shareholding in BPCL comprising 1,14,91,83,592 equity shares held through the Ministry of Petroleum and Natural Gas, which constitutes 52.98 per cent of BPCL's equity share capital, along with the transfer of management control to the strategic buyer (except BPCL's equity shareholding of 61.65 per cent in Numaligarh Refinery Limited (NRL) and management control thereon).

The shareholding of BPCL in NRL will be transferred to a Central Public Sector Enterprise operating in the oil and gas sector under the Ministry and accordingly is not a part of the proposed transaction.

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Agencies
March 14,2020

New Delhi, Mar 14: Excise duty on petrol and diesel was on Saturday hiked by ₹3 per litre as the government looked to mop up gains arising from fall in international oil prices.

Special excise duty on petrol was hiked by ₹2 to ₹8 per litre incase of petrol and to Rs 4 incase of diesel, an official notification said.

Additionally, road cess on petrol was raised by ₹1 per litre each on petrol and diesel to ₹10.

The increase in excise duty would in normal course result in a hike in petrol and diesel prices but most of it would be adjusted against the fall in rates that would have necessitated because of slump in international oil prices.

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News Network
March 18,2020

San Francisco, Mar 18: Facebook said a bug in its anti-spam system temporarily blocked the publication of links to news stories about the coronavirus. Guy Rosen, Facebook's vice president of integrity, said on Twitter Tuesday that the company was working on a fix for the problem.

Users complained that links to news stories about school closings and other information related to the virus outbreak were blocked by the company's automated system.

Later on Tuesday, Rosen tweeted that Facebook had restored all the incorrectly deleted posts, which also covered topics beyond the coronavirus.

Rosen said the problems were unrelated to any changes in Facebook's content-moderator workforce. The company reportedly sent its human moderators home this week because of the coronavirus outbreak.

A representative for Facebook did not immediately respond to questions on the status of Facebook's content moderators, many of whom do not work directly for the company and are not always able to work from home.

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