TELECOM NETWORKS THREAT
US stock market futures crash today: Dow, S&P 500, Nasdaq futures drop over 1% as China retaliates; shipping sanctions jolt traders, crypto loses $150B, silver hits record high, Powell speech in focus
US stock futures fell Tuesday as US-China trade tensions escalated after Beijing targeted US-linked shipping firms. Dow, S&P 500, and Nasdaq futures dropped sharply ahead of bank earnings. Crypto markets plunged $150 billion, and silver soared to record highs above $52. Investors now turn their focus to Fed Chair Jerome Powell’s speech and Wall Street bank earnings for clues on what’s next for markets.
Inside India’s scariest scam — and how to stop it
A new wave of digital-arrest scams is targeting wealthy Indians, conning them out of millions. Scammers impersonate officials, creating fear and forcing victims to transfer funds. Recovery is difficult, leaving many devastated. This alarming trend highlights data privacy issues and the need for stronger banking security and victim protection measures across India.
Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 28% in 1 year
Thanks to US President Trump’s move on China, volatility is back in the global markets. The only positive: The Indian market has shown some relative outperformance. But, as we often said, it is best to ignore what is happening to the Nifty and Sensex and focus on the sector and industry of the stocks you plan to buy. Given the GST rate rationalisation and other global developments, many sectors are seeing some fundamental changes. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
BSNL 4G towers to be upgraded to 5G in 6-8 months: Jyotiraditya Scindia
Telecom Minister Jyotiraditya Scindia announced BSNL's indigenously developed 4G network will be upgraded to 5G within six to eight months, highlighting India's innovation capability. He stated India has entered the 4G technology club and is acting as a global catalyst, achieving significant economic growth despite geopolitical turbulence. India is now a major hub for technology and innovation, attracting global investment.
Starlink's 10x higher pricing to limit threat to Indian telcos: Ind-Ra
Starlink's upcoming satellite internet trials in India face challenges due to high costs, nearly ten times pricier than existing fiber plans. Aimed at remote areas, it's unlikely to threaten urban broadband services. While promising 99% availability, it's a secondary option in fiber-rich zones. Direct-to-cell tech poses no immediate threat to India's wireless sector.
How a SIM farm like the one found near the UN threatens telecom networks
The US Secret Service has taken down a large network of SIM farms in New York. This happened as world leaders gathered at the United Nations. These farms contained many SIM cards and servers. Officials say the network could have disrupted cellular service. It could have also been used for illegal activities.
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US says dismantles possible telecom network threat to UN summit
The US Secret Service dismantled a network of over 100,000 SIM cards that could have disrupted New York’s telecom network ahead of the UN General Assembly, linking the threat to “nation-state” actors. The devices, capable of disabling cell towers and facilitating encrypted communications, were seized within a 35-mile radius of the UN, with investigations and forensic analysis ongoing.
Airtel's anti-fraud measures cut customer financial losses by nearly 70%
Bharti Airtel has reported a significant decrease in cybercrime complaints due to its anti-fraud initiatives, as confirmed by the Indian Cyber Crime Coordination Centre (I4C) and the Ministry of Home Affairs (MHA). The MHA-I4C found a 687.7% decrease in financial losses and a 14.3% drop in overall cybercrime incidents on the Airtel network.
Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 30% in 1 year
There is high probability that we will see more volatility in the coming days. While it is not always the case, sometimes the expiry of a derivative series contract throws light on what might happen in the near term. This time around, it has indicated continued volatility. The task for investors is therefore to reframe volatility not as a threat but as an entry point. Buying into weakness requires patience and conviction, but history tells us that those who take the longer view are rewarded. It means ignoring the noise and focusing on whether the company’s competitive edge, innovation pipeline, or consumer franchise will still matter five or ten years from now. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Under the sea, for sake of strategy: Why foreign powers hold India’s digital pulse
India’s economic and political sovereignty hinges on subsea cables that carry almost all first-mile internet traffic, yet most are owned, laid, and repaired by foreign powers. This leaves India exposed to espionage, cyberattacks, and even deliberate sabotage in times of tension. The US, China, and a handful of corporations dominate this infrastructure, while India controls only a fraction of it. To secure its digital future, India must urgently invest in its own cable repair fleet, expand landing stations, and enshrine subsea infrastructure in national security law even if it means forging alliances with geopolitical rivals.
Tanla Platforms wins Indonesia deal for AI check on spam messages
Tanla Platforms has secured a multi-year deal with Indonesia's Indosat Ooredoo Hutchison to implement its AI-powered anti-spam platform. This marks Tanla's first major international expansion of its security technology. The platform, utilising machine learning and generative AI, aims to combat fraudulent activities across SMS, voice, and VoIP channels, protecting millions of Indonesian telecom users from cyberattacks.
Satcom won't be a threat to telcos: MoS Pemmasani
Satellite communication is unlikely to threaten Indian telecom operators. High tariffs and limited capacity of satellite services are the reasons. Starlink's potential reach is capped at 2 million connections with limited speed. The government is expected to release satcom airwave allocation rules soon. The upfront cost for satellite services is high.
Satcom spectrum allocation rules likely to be in place within two months
India is set to finalize spectrum allocation rules for satellite communication services soon. This will allow companies like Starlink, Eutelsat Oneweb, and Jio SES to apply for spectrum. Trai has recommended allocating spectrum without auction. Spectrum charges will be 4% of adjusted gross revenue. Starlink will be limited to 2 million connections in India.
Starlink can give only 20 lakh connections pan-India: MoS Telecom
Union Minister Pemmasani Chandra Sekhar stated that Starlink, led by Elon Musk, is limited to 2 million connections in India, offering speeds up to 200 Mbps. He downplayed the potential impact on BSNL and other telecom providers, noting the high upfront and monthly costs of Starlink's satcom services.
Hackers breach BSNL again, second time in six months
This is the second time in six month where BSNL has suffered a data breach. Athenian Tech chief executive Kanishk Gaur told ET, the breach involved more than 278 GB of data from the state-owned telecom operation, including server snapshots, which can be misused for SIM cloning and potentially more severe criminal activities like extortion.
US FCC adds Russia's Kaspersky, China telecom firms to national security threat list
FCC Commissioner Brendan Carr said the new designations "will help secure our networks from threats posed by Chinese and Russian state-backed entities seeking to engage in espionage and otherwise harm America's interests."
Global gear vendors oppose DoT diktat on mandatory local testing
Global telecom vendors such as Ericsson, Nokia, ZTE and Huawei are likely to oppose the telecom department’s diktat to run mandatory safety checks on imported network gear from October 1 via local labs.
Huawei’s role in 5G network under a cloud
The development could also mean that the Chinese company may not be part of the 5G trials that India will undertake shortly.
Government mulls scrutiny on Huawei, ZTE for commercial 5G rollout after security concerns: Official
Huawei has proposed to conduct 5G trials in India in partnership with Vodafone Idea Limited. Top officials of Vodafone and Huawei India met telecom secretary Aruna Sundararajan to discuss their 5G pilot project in the country.
DoT to float tender for telecom gear test lab in Delhi
The Department of Telecom plans to set up a lab for testing telecommunication equipment in the national capital as part of efforts to strengthen network security.
Reliance Jio should give leads on cyber security threats: National Security Council
India’s top security agency wants Reliance Jio to become part of an platform which shares information on potential cyber security threats.
Home Ministry asks DoT to address security concerns
MHA also wants the DoT to clarify the designated authority that will ensure compliance of the security policy.
Telecom department seeks National Information Board approval on Telecom Security policy
The National Information Board (NIB) is India’s top policy-making wing on cyber security headed by National Security Advisor Shiv Shankar Menon.
Indian telecom gear makers write to PM on delay in PMA policy
Domestic telecom equipment makers have sought Prime Minister's intervention to help expedite the notification on Preferential Market Access policy.
Testing of telecom equipment no panacea for threats: DoT to PMO
DoT has informed the PMO that mere tests of gears is no panacea for various threats from "malicious codes and programmes".
Telecom Equipment Manufacturers raise national security concern with PM, Home Ministry
Indian Telecom Equipment Manufacturers have suggested to the PM and the Home Ministry the induction of domestic equipments in the telecom networks across India.
Private telcos accuse BSNL of 'coercive' tactics
BSNL's Rajasthan Telecom Circle has threatened to take action against leading private telecom operators for their failure to pay an amount of Rs 37.65 cr as carriage fee.
Govt suggests telcos employ only Indians in sensitive posts
With the telecom sector becoming a potential security threat, the govt has said that service providers employ only Indians at sensitive posts.
Govt relaxes security rules for global telcos
In a major relaxation of network infrastructure security rules, the government will ask global telecom gear suppliers to only deposit the relevant data recovery software modules to the Indian authorities as a pre-condition to do business in the country.
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