New Telecom Bill will allow Centre to take over, suspend mobile network for public safety | India News – Times of India

NEW DELHI: Union communications minister Ashwini Vaishnaw on Monday introduced the Telecommunications Bill, 2023 in the Lok Sabha. The bill seeks to replace the 138-year-old Indian Telegraph Act that governs the telecom sector. The Cabinet had cleared the bill in August.Here’s what the bill proposes:* The draft Telecommunications Bill has been introduced to create a…

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Handlooms need to carve a niche – ET Retail

Handloom is a more than 2,000-year-old craft. But today the segment mostly thrives on government support in Tamil Nadu, especially the free sari-dhoti scheme as well as initiatives from state-owned Co-optex. The advent of mechanization and powerlooms had taken the focus away from handlooms towards mass production, which handlooms could not match. Globally too, the…

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Former tech consultants turn entrepreneurs, find success in luxury watch industry with Bangalore watch company – ET Retail

Nirupesh Joshi and Mercy Amalraj Nirupesh Joshi and Mercy Amalraj were high-flying technology consultants, earning handsomely, with successful stints in Boston, Seoul and Hong Kong until 2018. One fine day the couple gave it all up, got into entrepreneurship in an entirely alien area: the world of mechanical watches the couple had all along been…

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Luxury slowdown prompts fears of inventory pile-up over key holiday season – ET Retail

PARIS: Early holiday shopping season discounts from high-end fashion retailers like Bergdorf Goodman on New York’s Fifth Avenue raised concern that a lacklustre Christmas could lead to inventory gluts – potentially dragging labels into a discounting spiral that would cheapen their image. The latest U.S. credit card data from Barclays released on Wednesday showed that…

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