&w=3840&q=100)
L&T Technology Services bags $60 million order from US telecom firm
Under the agreement, LTTS will deliver advanced network software development and application engineering solutions.
"L&T Technology Services wins around $60 million software engineering engagement from US Tier-I Telecom Provider," LTTS said in a statement.
LTTS will establish a delivery centre in the United States to further support and enhance project delivery.
Under the terms of the agreement, LTTS will provide crucial engineering services, including research and development lab integration, new product development, and functionality testing for the customer's network software automation platforms.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Business Standard
13 minutes ago
- Business Standard
DoT issues ₹7,800 cr demand notice to Tata Communications over AGR dues
The Department of Telecom has issued a "show-cause-cum-demand notice" of about Rs 7,800 crore to Tata Communications over adjusted gross revenue dues, according to an official note by the company. The demand has been raised by the Department of Telecom (DoT) for adjusted gross revenue (AGR) from 2005-06 till 2023-24, as per the note dated July 17. "As at June 30, 2025, the company has received 'Show Cause-cum Demand Notices' ('demand notices') from Department of Telecommunications of India aggregating to Rs 7,827.55 crore for financial years ranging from FY 2005-06 to FY 2023-24, which have been revised over a period of time," Tata Communications Managing Director AS Lakshminarayan said. He said the demand notices include Rs 276.68 crore towards disallowance of deductions claimed by the company on payment basis for the financial year (FY) 2010-11 under ISP (internet service provider) licence and FY07 and FY10 under NLD (national long distance) licence. Tata Communications has existing appeals relating to its ILD (International Long Distance), NLD, and ISP licences that were filed in the past and are pending at the Supreme Court and telecom tribunal TDSAT. Lakshminarayan said the company's appeals are not covered by the apex court judgement dated October 24, 2019, on AGR under the old telecom licence regime called UASL. "Further, the company believes that all its licences are different from UASL, which was the subject matter of Hon'ble Supreme Court judgement of October 24, 2019. The company, based on its assessment and independent legal opinions, believes that it will be able to defend its position," Lakshminarayan said. As per initial calculation by the government, telecom operators had liability to pay around Rs 1.65 lakh crore in total AGR dues till FY19. The calculation as of March 2022 showed that the AGR liability on Bharti Airtel was Rs 31,280 crore, Vodafone Idea Rs 59,236.63 crore, Reliance Jio Rs 631 crore, BSNL Rs 16,224 crore, MTNL Rs 5,009.1 crore up to financial year 2018-19. The government calculation at that time did not include liability on Tata Communications. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
&w=3840&q=100)

Business Standard
13 minutes ago
- Business Standard
An inclusive index: More data needed to strengthen financial inclusion
The index is composed of three key parameters - access, usage, and quality - all of which have shown improvement this year Business Standard Editorial Comment Mumbai Listen to This Article The Reserve Bank of India (RBI) last week released its financial inclusion index (FI Index) score of 67 for the year ended March 2025, reflecting steady progress since the index was introduced in 2021. The upward trend is certainly welcoming, indicating improved access to financial services and inclusion. However, the headline number masks considerable heterogeneity, both in terms of spatial differences and the components of the index. To improve transparency and better guide policymaking, it will help if more details are made available. The index is composed of three key parameters — access, usage, and quality — all of which


Indian Express
41 minutes ago
- Indian Express
Roshanara Club with revamped sport facilities, wellness and banquet areas, opens its doors after almost 2 years
After being closed for renovation for nearly two years, the century-old Roshanara Club reopened its doors to the residents of the Capital on Sunday. Renovated and restored by the Delhi Development Authority (DDA), the heritage club now boasts of revamped sport facilities as well as modern wellness and banquet areas, among others. The club, spread across 22 acres, was taken over by the DDA for renovation on September 29, 2023. This was after L-G V K Saxena – in his maiden visit to the club on January 12, 2023 – noticed that the 'majestic structure was lying in a dilapidated state with poor maintenance with a crumbling facade', the DDA said in a statement. Saxena, who unveiled the revamped club, said, 'It is a big moment for us, as this heritage club has been restored and relaunched. I congratulate the people of Delhi on this occasion. Delhi is a city of heritage and in the last three years, a number of heritage (sites) have been restored and we are committed towards (restoring) more in the future.' The club was established on August 15, 1922 as an elite recreational and social retreat for the Britishers residing in the area around present-day Delhi University and Civil Lines. It was named after Begum Roshanara, the daughter of Mughal Emperor Shah Jahan, who was buried in the neighbouring Roshanara Bagh. The club is considered the birthplace of the Board of Control for Cricket in India, which was formed in 1928 when Indian cricket administrators gathered at Roshanara Club. 'Particular attention was given to the preservation of the club's architectural legacy. The century-old façade, including the European-style doors and windows, Mangalore-tiled roof, and intricate wooden trusses, have all been carefully restored. Antique chandeliers and original furnishings were refurbished and reupholstered to revive their classic charm,' the DDA said in its statement. It added that indoor facilities at the club now include a main lounge, card and billiards rooms, banquet area, bar and dining hall, library, gym, squash and badminton courts, a swimming pool, and a wellness area with yoga, sauna, and steam rooms. Outdoor amenities include clay, grass, and synthetic tennis courts, cricket grounds, a mini football zone, basketball area, and a jogging track. The DDA said civil works involved anti-termite treatment, waterproofing, marble polishing, wooden flooring repairs, and renovations to sanitary facilities. Important upgrades were made to the squash and badminton courts, swimming pool, and various places in the club house building. While electrical systems were overhauled, AC cooling was enhanced by providing requisite units, ducting and wiring were concealed, and damaged fittings, switches and light fixtures were replaced. Chandni Chowk BJP MP Praveen Khandelwal, Model Town BJP MLA Ashok Goel, DDA Vice Chairman N Saravana Kumar, and senior officials also attended the launch. Devansh Mittal is a trainee correspondent with The Indian Express. He studied political science at Ashoka University. He can be reached at ... Read More