Mumbai, April 12 The growth of e-commerce volumes in tier 2 and 3 cities in India is outpacing that in tier-1 cities, according to a recent report. “Smaller Indian cities are now accounting for a bigger volume of e-commerce sales.
Bengaluru, April 12 Global software major Infosys announced on Sunday that it is planning to buy back more shares again with a proposal in this regard on the agenda at its board meeting on April 14. “The board will consider
Bengaluru, April 12 Amazon India on Sunday announced the launch of its “Mentor Connect” programme for thousands of startups and emerging brands. Introduced ahead of ahead of the company’s flagship event “Smbhav,” the Amazon Mentor Connect programme is aimed at
Mumbai, April 12 Tata Communications and Bahrain Internet Exchange (BIX) have extended their partnership to offer high speed internet connectivity with very low latency for a superior quality and seamless viewing, gaming and download experience for customers in Bahrain. Equipped with
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New Delhi, April 11 Lenovo led the global traditional PC market (including desktops, notebooks, and workstations) in the first quarter of 2020 with 24.3 per cent share, as the worldwide shipments grew 55.2 per cent (on-year), according to an IDC
Dhahran, April 11 Aramco has signed a deal with a consortium led by EIG Global Energy Partners (EIG), one of the world’s leading energy infrastructure investors, to optimise its assets through a lease-and-lease-back agreement involving its stabilised crude oil pipeline
San Francisco, April 10 The next-gen iPhone 13 Pro lineup will reportedly come with 120Hz ProMotion display for the first time. According to AppleInsider, low-temperature polycrystalline oxide (LTPO) displays have been rumoured for the iPhone for about two years. However,
New Delhi, April 10 India’s automobile OEMs are accelerating their shift towards EVs by investing in startups and enhancing collaborations, HDFC Securities said. “Along with developing electric products in-house, OEMs are open to collaborations, to reduce the speed-to-market as well
Chennai, April 10 International Finance Corporation (IFC) plans to debt finance the construction of Thar Surya 1 Pvt Ltd’s 300 MW solar power project in Bikaner, Rajasthan by $50 million. Apart from lending $50 million, IFC will also mobilise $100
New Delhi, April 9 SpiceJet’s dedicated cargo arm SpiceXpress launched scheduled cargo flights connecting Mumbai and Delhi with Bangkok, the company said on Friday. Besides Bangkok, SpiceJet operates scheduled cargo flights to Singapore, Hong Kong and Bangladesh. According to the
Mumbai, April 9 The renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC Contract worth Rs 5,000-7,000 crore, to set up the Sudair Solar PV Project of 1.5 GW capacity in Saudi Arabia.
Mumbai, April 9 The key Indian equity indices traded marginally higher on Friday morning amid largely choppy trade session. At around 10.35 a.m., Sensex was trading at 49,860.96, higher by 114.75 points or 0.23 per cent from its previous close
New Delhi, April 9 The promoter group of Reliance Industries Limited (RIL) has informed the company that there has been no violation of SEBI Takeover Regulations and it has complied with the applicable laws. The RIL promoter group has also said
Bengaluru, April 8 Global software major Infosys on Thursday said it won a contract for digital transformation of steel maker ArcelorMittal’s IT operations. “As part of the deal, we will deliver next-generation application and business process management (BPM) services to
Mumbai, April 8 Bharti AXA Life Insurance has partnered with Fincare Small Finance Bank for distribution of life insurance products through the bank’s pan-India network. Under this arrangement, Bharti AXA Life Insurance will offer its comprehensive suite of life insurance products,
San Francisco, April 8 With nearly 30 per cent of the population in the US now receiving at least one dose of the Covid-19 vaccine, ride-hailing major Uber has now announced a $250 million stimulus to bring more drivers back
New Delhi, April 8 Vi Business, the enterprise arm of Vodafone Idea Ltd (VIL), has launched ‘Integrated IoT Solutions’ for enterprises. “With this industry first initiative, VIL has become the only telecom company in India to offer a secure end-to-end IoT
New Delhi, April 7 Automobile major Tata Motors plans to foray into CNG fuelled passenger vehicle segment in FY22. Accordingly, few of the company’s models will be offered with a factory fitted CNG kit. At present, Tata Motors provides an
New Delhi, April 7 The Ahmedabad-bench National Company Law Tribunal (NCLT) has admitted the insolvency application against OYO subsidiary, OYO Hotels & Homes Private Ltd (OHHPL). Following the development, OYO has moved the National Company Law Appellate Tribunal (NCLAT) against
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