“Data is the new oil,” says Mukesh Ambani
Reliance Industries Ltd chairman Mukesh Ambani on Wednesday equated the importance of data to that of the natural resources. “We are at the beginning of an era where data is the new oil,” Ambani said at an industry event. Ambani, Chairman of Reliance Industries Ltd, which in turn control Reliance Jio Infocomm, said that India has the potential to be among the top 10 players in terms of broadband access. Reliance Jio’s entry into the telecom space has forced the incumbent players to drastically cut tariffs – as much as by 66% – in order to retain their customer base. RJio has put the entire sector under tremendous pressure of choosing between protecting margins and user base.
Army Chief Bipin Rawat talks tough on Kashmir, says ‘Those holding ISIS flags will be treated as anti-nationals’
Army Chief Bipin Rawat on Wednesday said that anyone who obstructs operations during encounters will be treated as anti-national elements. “Those who obstruct our operations during encounters and are not supportive will be treated as overground workers of terrorists,” Rawat said. The Army Chief made comments after paying tribute to security personnel who lost their lives in encounters with terrorists in J&K on Tuesday. Prior to Rawat, Prime Minister Narendra Modi also paid homage the soldiers, including a Major, who were martyred in two separate encounters.
Tamil Nadu crisis: Sasikala’s jail-journey begins
AIDMK chief VK Sasikala on Wednesday reached Bengaluru’s Parappana Agrahara prison to serve her four-year term. The Supreme Court had convicted Sasikala in a disproportionate assets case. Earlier, Sasikala surrendered in Bengaluru court. The apex court in the morning had rejected a plea by Sasikala seeking time to surrender due to health reasons. Since then her Poes Garden residence was kept under heavy security of the police. Before she left for Bengaluru, Sasikala visited Jayalalithaa’s memorial to offer her prayers. Her supporters and husband Natrajan had gathered in front of the prison in the Karnataka capital before she reached there.