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Aug 2 • 7 tweets • 3 min read
India's first 5G spectrum auction came to an end on Monday after 40 rounds of intense bidding. Reliance Jio emerged as the top bidder with bids worth Rs. 88,078 crore, followed by Bharti Airtel, Vodafone Idea, and Adani Data Networks. #5GSpectrumAuction
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The 5G auction continued for a week due to intense bidding for the 1,800MHz spectrum in the UP (East) circle. The Centre managed to earn its highest ever revenue from spectrum auctions because of the costly 700MHz band. Image
Suitable for data networks and coverage in high-density areas, it garnered the second highest amount of total bids, at a value of Rs. 39,720 crore. Image
The spectrum sale generated revenue worth Rs. 1,50,173 crore. This is much higher than the Rs. 80,000-1 lakh crore figure expected by stakeholders including investors, according to Telecom Minister #AshwiniVaishnaw. Image
Jio bought 24.7GHz of 5G airwaves for Rs. 88,078cr. These include frequencies in the costly 700MHz band, in addition to 800MHz, 1,800MHz, 3,300MHz & 26GHz. The company won 10MHz of the 1,800MHz band in UP (East) circle, by paying Rs. 1,646cr after an intense fight with Airtel. Image
Bharti Airtel paid Rs. 43,084 crore to purchase 19.8GHz of spectrum in frequencies like 900MHz, 1,800MHz, 2,100MHz, 3,300MHz, and 26GHz. Vodafone Idea spent Rs. 18,799 crore on 6,228MHz of airwaves in the 1,800MHz, 2.100MHz, 2,500MHz, 3,300MHz and 26GHz frequencies. Image
In India, the government put up the 5G spectrum for auction in several frequency bands. They include the low (600MHz, 700MHz, 800MHz, 900MHz, 1,800MHz, 2,100MHz, 2,300MHz, and 2,500MHz), mid (3,300MHz), and high (26GHz). Image

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Aug 4
The Fortune Global 500 is the list of the top 500 corporations in the world based on their revenue. In the 2022 edition of the list published by Fortune magazine, nine companies from India have found their place. LIC led the pack at the 98th position.
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Being included in Fortune Global 500 list is a prestigious accomplishment for corporations. Indian companies have fared markedly better this time with LIC breaking into the top 100 & Reliance Industries, the country's biggest company by market capitalization, jumping 51 places.
The 2022 #fortuneglobal500 list saw a surprise with LIC making its first appearance. The Indian insurance giant, which launched its IPO earlier this year, posted revenue of $97.26 billion with a profit of $553.8 million. It surpassed Reliance which is placed 104th on the list.
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Aug 4
In another blow to the Indian film industry, yet another noted actor has bid us adieu. Veteran actor Mithilesh Chaturvedi, who was a pivotal part of numerous noteworthy films such as ‘Gadar’ and ‘Koi… Mil Gaya,’ passed away on Wednesday. He was 67.
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As per a publication, the veteran actor had suffered a heart attack some time ago & shifted to Lucknow to recuperate. Chaturvedi’s son-in-law, Ashish Chaturvedi confirmed the news on Facebook, calling him the “best father” who loved Ashish like “a son, not just a son-in-law.” Image
Filmmaker Hansal Mehta shared Chaturvedi’s photo on his Instagram Story and wrote, “RIP Mithileshji.” The duo had worked together in Mehta’s acclaimed web series ‘Scam 1992.’ Image
Read 6 tweets
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Aug 4
Finance Minister #NirmalaSitaraman is presently all over the news for her controversial remarks and opinionated views on various topics. Here, we detail some of her remarks in the parliament and outside which invited controversy and criticism.
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During the Lok Sabha discussion on price rise recently, Sitharaman stated, “The pandemic, second wave of COVID, Omicron, Russia-Ukraine, in spite of all this we have held the inflation at 7 percent or below.” Image
In February this year, the finance minister came under attack from the Congress party for terming a minister’s response to Rahul Gandhi’s comments on the Union Budget as a ‘typical UP-type’ answer. Image
Read 6 tweets
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Aug 4
With Raksha Bandhan around the corner, a sweet shop in UP's Agra has taken the celebrations a notch higher by presenting gold ghewar on their menu! Covered with a 24-carat edible gold topping, the disc-shaped sweet is priced at Rs. 25,000 per kilogram.
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#Ghewar is a Rajasthani dessert that is traditionally served during the months of Shravan on occasions of Teej & Raksha Bandhan. It is usually made using ghee, flour & sugar syrup. This sweet is also popular in Madhya Pradesh, Gujarat, Delhi, Haryana, and western Uttar Pradesh. Image
Coming to this gold ghewar, it has been prepared by Braj Rasayan Misthan Bhandar near Agra's Shah Market. Numerous customers have been visiting the shop after the display. Image
Read 5 tweets
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Aug 4
The fifth generation of mobile networks or 5G is a radical transformation of cellular technology. It is much faster than its predecessor, 4G, and also offers better bandwidth and lower latency. So how are the two technologies different? Let us find out.
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Latency denotes the time it takes for a packet of information to travel between two points. No matter how fast the connection is, data transfer will always be delayed to some extent. Image
In the case of 4G, latency is between 60ms to 98ms, while 5G promises a latency of less than 5ms. Lower the latency, the faster the download speed. Image
Read 7 tweets
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Aug 3
Ever wondered how artificial intelligence can be used to discern the mysteries of physics? Well an AI belonging to Columbia University was made to observe physical phenomena on Earth and search for the fundamental variables that describe them.
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Scientists of the yesteryears did not have the luxury of relying on computer systems. However, times have changed. The rise of AI has begun. By making complex calculations in the blink of an eye, they might find new ways to describe how the universe works. Image
The AI observed raw video footage of physical phenomena using a video camera. Then the scientists questioned the AI about the minimum fundamental variables necessary to explain them. Image
Read 6 tweets

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