The Reserve bank of India authorizes all Pre-paid Instruments (PPI) in India, under the powers conferred under the Payment and Settlement Systems Act, 2007 (PSS Act).
Telecom operator Bharti Airtel Ltd has announced that it has joined the SEA-ME-WE-6 undersea cable consortium, in a bid to scale up its high-speed global network capacity and serve India's fast-growing digital economy.