NET NEUTRALITY

Eris Lifesciences Ltd. key Products/Revenue Segments include Pharmaceuticals and Other Operating Revenue for the year ending 31-Mar-2023.

Sona BLW Precision Forgings Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 34010.69 Crore) operating in Auto Ancillaries sector.

Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 335926.78 Crore).

With global air travel almost completely recovered from the pandemic, cutting emissions is once again the industry’s No. 1 challenge.

LTIMindtree Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 167879.28 Crore) operating in IT Software sector.

LTIMindtree Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 185921.00 Crore) operating in IT Software sector.

Asian Paints Ltd. key Products/Revenue Segments include Paints, Enamels, Varnishes & Black, Other Operating Revenue and Sale of services for the year ending 31-Mar-2023.

HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 138937.16 Crore) operating in Financial Services sector.

The GFAI announcement comes at an opportune moment in history as India massively pushes towards achieving carbon neutrality by 2070.

The FCC in November voted to advance a proposal to assume new regulatory oversight over broadband internet rescinded under former President Donald Trump.

Wipro Ltd. key Products/Revenue Segments include Software Services, Networking, Storage equipment, Servers, Software Licenses for the year ending 31-Mar-2022.

While the government has not made any decision on a revenue share between telcos and OTT players, the issue will have no bearing on net neutrality if at all some sort of mechanism is decided in the future, DoT officials said.

The commission voted 3-2 on a proposal to reinstate open internet rules adopted in 2015 and reestablish the commission's authority over broadband internet.

The industry body, whose members include Jio, Airtel, Vodafone Idea etc, said the people and companies are being misguided by propagating unfounded fears and supposed scenarios by certain entities with vested interests.

India's stance on net neutrality should not be altered, as it has been beneficial for the country's digital economy and bridging the digital divide. Telecom companies argue they should have a share of the profits generated by content producers, but this is rent-seeking behavior. The government has already provided solutions to address their concerns, and seeking additional revenue streams from content creators would not be beneficial.

Industry groups including ITI, ADIF, IAMAI, and BIF have opposed telcos' demand to regulate over-the-top (OTT) services and charge fees, citing violations of net neutrality principles and the contribution of OTT services to data usage growth. They argue that OTT services are additive, not substitutes for traditional telecommunications services, and that they are already regulated under existing laws. They also assert that demanding fees from OTTs would be counterproductive, increase costs, limit consumer choice, and hinder innovation. The groups highlight the importance of OTTs in empowering individuals and contributing to economic prosperity.

Three major fintechs — Groww, Cred and Mobikwik — on Thursday reported a strong growth in their revenues as the startup ecosystem aims to achieve sustainable profitability.

Meanwhile, industry body Broadband India Forum, which represents players in the broadband ecosystem, in its counter comment to the telecom regulator Trai has said that claim to mandate over-the-top (OTT) players to pay for network usage fees and the government's intent to impose telecom licensing frameworks on OTTs, would lead to violation of the Net Neutrality principles and guidelines of 2016.

​Chandrasekhar added that India was one of the first countries to ensure net neutrality and push back against telecom companies seeking to be ‘gatekeepers of the internet’.

The move comes after Democrats took majority control of the five-member FCC on Monday for the first time since President Joe Biden took office in January 2021.

U.S. Federal Communications Commission chair Jessica Rosenworcel on Tuesday said she would move quickly to reinstate landmark net neutrality rules rescinded under former President Donald Trump.

In February 2016, Trai issued the Prohibition of Discriminatory Tariffs for Data Services Regulations restricting the discriminatory prices charged from consumers based on the content. This regulation saw the support of several startups, who asked for the regulator's support for Net Neutrality.

The government is also likely to ask both service layer apps as well as telecom companies to work together to find a solution that does not impact connectivity for the average user, an official said.