Biz EOD: Airtel\, Voda Idea\'s priority services banned; Google\'s new India fund; CPI inflation cross 6%

Biz EOD: Airtel, Voda Idea's priority services banned; Google's new India fund; CPI inflation cross 6%

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report

Top stories from the world of business and economy

In a July 11 letter by TRAI has reportedly asked telcos to continue preferential services provisioned for the existing users, but barred them from making fresh provisions under their premium plans. Google and Alphabet CEO, Sundar Pichai announced Google for India Digitisation Fund, a commitment of Rs 75,000 crore towards digitising the Indian economy. Retail inflation, measured based on Consumer Price Index, stood at 6.09 per cent in June. Read for more top stories from the world of business and economy:

In a 10-point questionnaire sent to Vodafone Idea and Airtel, TRAI has reportedly asked telcos to explain as to why offering higher 4G speeds to one set of customers would not impact the quality of services for other users.

Google's new India fund is a step towards unlocking the latent digital potential in the country and the economic opportunities it brings.

Meanwhile, inflation in food basket, or Consumer Food Price Index, eased to a nine-month low of 7.87 per cent. It was recorded at 9.2 per cent in the month of May.

The sales have dipped 30 per cent to 40 per cent week-on-week in the current month so far on account of import hurdles and production delays.

Premji says 93 per cent of company's employees are currently working from home; he adds that in past few months, Wipro has settled well into the new way of working and focus now remains on making clients successful.