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Vodafone Idea has held 5G trials in three network circles on a non-standalone architecture using virtual Radio Access Network (vRAN) solutions from Samsung, the company said.Vi said it has been in active discussion with the Korean major since the past 12-18 months with the aim to expand its existing 4G networks and introduce 5G. The two companies have held network trials in Chennai. Vi has also deployed telecom infrastructure from Samsung for its networks in Karnataka and Bihar circles, fulfilling its minimum roll-out obligations for 5G spectrum purchased in the 2022 auctions in the three circles using non-standalone vRAN architecture.The cash-strapped telecom operator which is yet to roll out 5G networks, even as rival Airtel and Jio are on the verge of completing heir pan-India rollout."We are proud to demonstrate our leadership in next-generation radio solutions (vRAN) that can deliver enhanced experience to our customers with better TCO. This vRAN deployment, delivered through Samsung’s innovation and joint technological strategic initiatives, is in sync with our technology transformation roadmap and enriched vendor ecosystem. We see a major role ahead for hybrid architecture in delivering the network enhanced capabilities that will push new dimensions in radio architecture," said Jagbir Singh, chief technical officer, Vi.Vi said it will be expanding its engagement with Samsung for its vRAN solutions harnessing its cloud-based benefits, and blending it with traditional RAN deployments to roll out 5G networks and improve performance and customer experience.

The shares of GEM Enviro Management listed on the BSE SME platform with a premium of 90% on Wednesday. The stock debuted at Rs 142.50 against an offer price of Rs 75 per share.Ahead of the listing, the company's shares were trading with a GMP of Rs 70 in the unlisted market.The IPO, which was completely a fresh equity issue of 59.9 lakh shares, was booked over 200 times at close, driven by strong interest from non-institutional investors.The net proceeds from the public offer will be used for funding working capital requirements and general corporate purposes.GEM Enviro Management was established in 2013 for the collection and recycling of all kinds of packaging waste, including plastic waste. Subsequently, the company diversified to implement plastic extended producer responsibility programmes for various organizations, which has become the largest business vertical (contributing to 82.41% of revenue in the year 2022-2023).Collection and recycling of industrial plastic waste contributed to 17.42% of revenue and sales and marketing of recycled products contributed to 0.18% of revenue in FY23.Further in the year 2023-2024, the company has ventured into new additional businesses in the field of sustainability and provides services such as EPR consultancy and the fulfilment for plastic waste, collection and recycling of industrial plastic waste, sales and marketing of recycled products, ESG consulting and business responsibility and sustainability reporting.In addition, GEM Enviro also organizes awareness programmes to make people aware of proper disposal of plastic waste and the need to recycle on a regular basis.The India plastic recycling market stood at approximately 5700 thousand tonnes in FY23 and is likely to grow at a steady CAGR of 5.84% in the forecast period by FY30.For the period ended December 2023, the company clocked revenues of Rs 26.2 crore and net profit of Rs 8.40 crore.Share India Capital and Fintellectual Corporate Advisors acted as the lead managers for the issue and Skyline Financial Services was the registrar.