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Google to invest $1 bn in Airtel in partnership for cheap smartphones, 5G

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Google to invest  bn in Airtel in partnership for cheap smartphones, 5G

U.S. tech giant Google will invest up to $1 billion in Airtel in a partnership that will focus on affordable smartphones and create “5G use cases” unique to India, the telecom company said on Friday.

The investment includes a $700 million equity investment in Airtel at Rs 734 per share and up to $300 million to implement commercial agreements, including investments to expand Airtel’s offerings, the companies said.

The share issue, which is subject to regulatory and shareholder approval, comes a few months after Airtel raised Rs 21,000 crore by selling shares to existing shareholders.

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The two companies will also focus on “shaping and growing India’s cloud ecosystem”.

Airtel shares rose 0.54% to Rs 711 on the news. Less than two years ago, Google announced plans to inject $10 billion into India over five to seven years through equity deals and partnerships through its digital fund.

“Airtel and Google share a vision to increase India’s digital dividend through innovative products. With our future-ready network, digital platform, last-mile distribution and payment ecosystem, we look forward to working closely with Google to increase India’s digital ecosystem The depth and breadth of the system,” Sunil Bharti Mittal, chairman of Bharti Airtel, said in a statement.

“Our commercial and equity investment in Airtel is a continuation of the Google for India Digital Fund’s efforts to increase access to smartphones, enhance connectivity to support new business models, and help companies on their digital transformation journey,” said Sundar Pichai, CEO of Google. .” and the alphabet.

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Airtel shares rose 0.54% to Rs 711 on the news. Less than two years ago, Google announced plans to inject $10 billion into India over five to seven years through equity deals and partnerships through its digital fund.

Airtel shares rose 0.54% to Rs 711 on the news. Less than two years ago, Google announced plans to inject $10 billion into India over five to seven years through equity deals and partnerships through its digital fund.

Complete News Source : Business Standard

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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