Education on technology

Indian financial technology company Paytm Payments Services has received an extension from the country's banking regulator to apply for a payment aggregator licence and aims to reapply in about 15 days, the company said on Sunday. Paytm Payments Services, in the meantime, can continue with the online payment aggregation business for its existing partners, without taking on any new merchants, the company said in a notification to stock exchanges on Sunday. Paytm Payments Services is a wholly owned subsidiary of One 97 Communications. Payment aggregators, platforms that bring together various online payment options, must be licensed by India's central bank and banking regulator, Reserve Bank of India . In November, India's banking regulator had declined a payment aggregator licence for the One 97 Communications unit that owns the popular Paytm brand. The company said that the latest move has no material impact on its business and revenue and for the offline part of the ...

Billionaire Mukesh Ambani's Reliance Jio has installed close to 1 lakh telecom towers, nearly 5 times of its nearest competition, to roll out India's fastest and deepest penetration 5G telecom network to provide ultra-high speed internet, according to the latest DoT data. The latest daily status report from the Department of Telecommunications (DoT) National EMF Portal shows Jio has installed 99,897 BTS (base transceiver station) across 2 frequencies it owns (700 MHz and 3,500 MHz). In comparison, Bharti Airtel has 22,219 BTS. Additionally, for every base station, Jio has 3 cell sites while Airtel has 2, the March 23 report said. More towers and cell sites mean faster speed. According to the February 28 report of Ookla, the global leader in network intelligence and connectivity insights, Jio's top median speed is 506 Mbps (megabytes per second) as compared to 268 Mbps of Airtel. "5G has been in place in India for over four months and already it's having a ...

One97 Communications, which owns the payments and financial services platform Paytm announced the launch of its fully indigenously developed new technology platform. Paytm has been at the forefront of India's digital revolution with its technology-led innovations that have empowered users with a 'Made in India' payments platform. The fintech firm's revamped platform is expected to further power its fast, secure and seamless payments. Paytm's new payments infrastructure will promote sustainable growth of digital payments and financial services in India. "With a world-class platform that can handle up to 10X of the current scale, Paytm has set a gold standard for fintech, aimed at handling fast-growing digital payments opportunities in the country," it said in a release. After revolutionising mobile, QR and Soundbox payments, the company's new platform will transform digital transactions, enabling affordable access to financial services. The digit...

Huawei FreeBuds Pro 2+, Huawei FreeBuds 5 and Huawei TalkBand B7 have been launched at the company's Spring flagship product launch conference in China. Huawei FreeBuds Pro 2+ comes with a dual heart rate and body temperature monitoring system. Its TruSeen heart rate algorithm technology is claimed to have an accuracy of 95 percent and 10 bpm after SGS testing. On the other hand, the Huawei FreeBuds 5 come with a unique Rupert Tears design with a separate sound unit, battery, and circuit board. Meanwhile, the TalkBand B7 is a two-in-one fitness tracker and Bluetooth earphone. Huawei FreeBuds 2 Pro+, Huawei FreeBuds 5 and TalkBand B7 price The Huawei FreeBuds 2 Pro+ price starts at CNY 1,499 (roughly Rs. 17,981), whereas Huawei FreeBuds 5 and TalkBand B7 come at a starting price of CNY 899 (roughly Rs. 10,784) and CNY 999 (roughly Rs. 11,983), respectively. The leather strap variant of the TalkBand B7 costs CNY 1,199 (roughly Rs. 14382). While the Huawei FreeBuds 2 Pro+ will be a...

Redmi Watch 3 has been launched in Europe. The latest smartwatch from the Chinese manufacturer sports a 1.75-inch round AMOLED display with a screen resolution of 390×450 pixels and a 60Hz refresh rate. It comes with Bluetooth calling and over 120 sports modes along with several health suites and watch faces. The smartwatch is available in two colour variants — Black and Ivory. The company claims that the wearable features an SOS emergency call feature and packs a 289mAh battery. Redmi Watch 3 price, availability The Redmi Watch 3 has been launched in Europe at a price of EUR 119 (approx Rs. 10,600). The smartwatch is live for sale in the region. However, there is no detail on its availability in India and other markets. The smartwatch comes in two different colour variants — Black and Ivory. The smartwatch was launched in China last year in December. Redmi Watch 3 specifications, features The Redmi Watch 3 carries most of the features similar to its Chinese variants like a 1.75-...

Researchers at the Indian Institute of Science (IISc) are working on designing antennas that can empower 6G technology, which is instrumental in realising efficient V2X (Vehicle to Everything) communications. In a recent study, the team, led by Debdeep Sarkar, Assistant Professor at the Department of Electrical Communication Engineering, shows how self-interference in full-duplex communication antennas can be reduced, and consequently the movement of signals across the communication network can be faster and more bandwidth-efficient. "Such full-duplex antennas are particularly helpful for applications that require almost instantaneous relay of commands, like driverless cars", Bengaluru-based IISc said in a statement on Friday. Full-duplex antennas consist of a transmitter and a receiver to send and receive radio signals. Traditional radio transceivers are half duplex, which means that they either use signals of different frequencies for sending and receiving or there is ...

Elon Musk , the billionaire founder of SpaceX , on Friday denied a media report from earlier this week that said investors from Saudi Arabia and the United Arab Emirates were planning to invest in a multi-billion dollar funding round in the company. A unit of Saudi Arabia's investment fund and an Abu Dhabi-based company are planning to invest in a multi-billion dollar funding round for SpaceX, the Information had reported on Wednesday, citing people familiar with the discussions. Musk tweeted "not true" responding to the report. The funding round is expected to value the rocket maker at about $140 billion (roughly Rs. 11,54,384 crore), the report added. SpaceX raised $2 billion (roughly Rs. 16,491 crore) in 2022 and $2.6 billion (roughly Rs. 21,438 crore) in 2020, according to venture capital firm Space Capital. Meanwhile, Amazon announced last week that it plans to launch its first Internet satellites to space in the first half of 2024 and offer initial commercial ...