outlookindia.com 2021-04-16T11:37:25+05:30
For a nation given to hero worshipping, it is understandable that Dr B.R. Ambedkar’s birth anniversary is being celebrated with ritualistic fanfare and fervour this week. A public holiday will be observed, and fulsome tributes paid to the Father of the Constitution, who as the country’s best-known Dalit icon sought to erase India’s long-entrenched caste system that denied, deprived, and disadvantaged a large section of our citizens.
About 130 years after his birth and 65 years of his death, it cannot be said that we as a free and proud nation have delivered on Ambedkar’s goals. While this year’s anniversary like in all the preceding years will not be short in symbolism, we undoubtedly have lost sight of, and short-shrifted, the substantive causes that Ambedkar stood for and strived to achieve. India is yet to be freed from the curse of casteism. Deep-rooted faultlines that perpetuated prejudices against many continue t
Morgan Stanley India Infrastructure acquires stake in iBus Networks ANI | Updated: Apr 10, 2021 14:22 IST
Mumbai (Maharashtra) [India], Apr 10 (ANI): Morgan Stanley India Infrastructure has made an investment of Rs 150 crore to acquire a stake in iBus which offers in-building wireless solutions, outdoor small cells and other last-mile connectivity solutions to mobile operators to enable them to serve their customers seamlessly.
The company currently deploys its infrastructure across 233 commercial, residential and retail sites across the country with a tenanted area of 276 million square feet. Cipher-Plexus Capital Advisor was exclusive advisor for the transaction. Connectivity is fundamental to large developing digital economies like India and our mission is to build an end-to-end intelligent, scalable and convergent connectivity ecosystem, said Ram Sellaratnam, Sunil Menon and Subash Vasudevan, Co-Founders of iBus.
Morgan Stanley India Infrastructure has acquired a stake in iBus Networks for $21 million (around Rs 150 crore). iBus offers in-building wireless solutions, outdoor small cells and other last-mile connectivity solutions to mobile operators to enable them to serve their customers seamlessly. With Covid forcing professionals and companies to adopt to WFH, the demand for robust in-building connectivity has increased manifold. The need for low latency, high-speed internet is being demanded be it for running schools and colleges online or WFH, e-comm, online transactions and remote health monitoring has never been felt so urgently before. iBus, through its coverage of 277 million sq ft across top 10 cities, serves approx four million customers. The company currently deploys its infrastructure across 233 commercial, residential and retail sites across the country.
Morgan Stanley India Infrastructure buys stake in iBus Networks for $21m
Photographer: Mark Kauzlarich/Bloomberg
Morgan Stanley India Infrastructure has acquired a stake in iBus Networks for $21 million ( ₹150 crore).
iBus offers in-building wireless solutions, outdoor small cells and other last-mile connectivity solutions to mobile operators to enable them to serve their customers seamlessly. With Covid forcing professionals and companies to adopt work from home (WFH), the demand for robust in-building connectivity has increased manifold.
The need for low latency, high-speed internet is being demanded be it for running schools and colleges online or WFH, e-comm, online transactions and remote health monitoring has never been felt so urgently before.