iWorld
WORK Microwave inks multimillion-dollar deal with Eutelsat
Mumbai: Germany-based WORK Microwave, a manufacturer of advanced satellite communications equipment, announced that it has signed a new multimillion-dollar agreement with Eutelsat, a satellite operator.
Eutelsat is using WORK Microwave’s Ka- and Q-/V-band converters on its ground segment equipment during the next phase of its connectivity strategy, offering ultra-high data throughput via its KONNECT VHTS satellite, the company said in a statement on Wednesday.
With 230 spot beams and an overall capacity of about 500 Gbps, KONNECT VHTS will provide two-way broadband connectivity across Europe and beyond. KONNECT VHTS will enable Eutelsat to provide fiber-like connectivity to end-users at fiber-like pricing, it added.
“Data consumption is skyrocketing around the world, and the goal of our KONNECT VHTS satellite is to enable easy, affordable, and fast internet delivery,” said Eutelsat’s broadband system and connectivity manager Guillaume Benoît. “Following the selection of WORK Microwave’s solution on Eutelsat KONNECT infrastructure for our broadband services in Europe and in Africa, we are pleased to confirm its use for our KONNECT VHTS ground infrastructure. With WORK Microwave’s well-engineered converter solutions, we can improve the reliability and performance of our ground infrastructure.”
“We’re thrilled to be awarded this new contract with Eutelsat, one of our longtime customers and an operator that is well-known for driving technology innovation,” said WORK Microwave CEO Dr Thomas Fröhlich. “Our converters offer a multichannel architecture that allows wider coverage of each frequency band for broadband applications, which is a real technological breakthrough for Eutelsat. Overall, this deployment reinforces our strong partnership with Eutelsat and validates their trust in WORK Microwave’s technology and the unmatched quality we provide for the Q- and V-band. This contract confirms the globally recognized leadership of WORK Microwave for state-of-the-art frequency converters in Q- and V-Band.”
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Sebi takes down 1.2 lakh finfluencer posts, deploys AI Sudarshan
Regulator sharpens digital watch as retail investors face options losses
NEW DELHI: The Securities and Exchange Board of India has pulled down more than 1.2 lakh misleading social media posts shared by unregistered financial influencers, tightening its grip on the fast-growing but often murky world of online investment advice.
Speaking to ANI, Sebi chairman Tuhin Kanta Pandey said the regulator acted against content that crossed the line from financial education into outright misdirection.
“We have removed more than 120,000 such pieces of content where we found egregious behaviour violating our norms,” Pandey said, underlining that only Sebi-registered entities are allowed to offer investment advice.
Registration, he explained, is not a mere formality. It comes with clear do’s and don’ts designed to protect investors. While individuals are free to share opinions and educate audiences under the right to freedom of expression, Sebi steps in when advice strays into misleading territory.
The watchdog is not relying on manual policing alone. It has rolled out an in-house artificial intelligence tool called ‘Sudarshan’, capable of scanning multilingual audio, video and text content to detect violations across platforms. The name is fitting. In mythology, Sudarshan is a spinning weapon. In this case, it slices through dubious digital claims.
Pandey said social media platforms have cooperated with takedown orders, reinforcing Sebi’s authority to demand removal of offending content.
The regulator’s sharper focus comes amid a surge in retail participation in derivatives trading, particularly options, in the post-Covid period. According to Pandey, many small investors were swayed by online narratives promising easy money.
Sebi responded by publishing data showing substantial collective losses and by introducing statutory warnings. Now, whenever investors trade in options, a pop-up cautions that nine out of ten investors lose money, a stark reminder modelled on health warnings seen elsewhere.
Pandey described regulation as a calibrated exercise rather than a blunt-force operation. Market development, he said, requires precision. “It is not about a sledgehammer approach but more like a surgeon’s knife, identifying problem areas and dealing with them.”
Calling the past year “a year of reform”, the Sebi chief said the regulator’s goal remains balanced oversight, ensuring markets are neither choked by over-regulation nor left exposed by too little scrutiny.
For India’s growing tribe of retail investors, the message is simple. Scroll carefully, trust cautiously and remember that in markets, if something sounds too good to be true, it often is.
