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Reliance Power board approves preferential issue of shares, warrants to Reliance Infra

Reliance Power board approves preferential issue of shares, warrants to Reliance Infra

🕔07:40, 14.Jun 2021

New Delhi, June 14  The Board of Directors of Reliance Power Limited has approved preferential issue of up to 59.5 crore equity shares and up to 73 crore warrants convertible into equivalent number of equity shares of the company at

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Exim Bank sees India’s Q1 merchandise exports at $87.2bn

Exim Bank sees India’s Q1 merchandise exports at $87.2bn

🕔07:39, 14.Jun 2021

New Delhi, June 14  Export-Import Bank of India (Exim Bank) has projected India’s total merchandise exports for the first quarter of FY22 to reach $87.2 billion. It would be around 70 per cent higher than $51.3 billion during the same

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Dell leads as global server market revenue grows 12% in Q1

Dell leads as global server market revenue grows 12% in Q1

🕔07:32, 14.Jun 2021

New Delhi, June 14 Dell Technologies led the worldwide server market ranking in the first quarter this year with garnering 17 per cent of total revenue, as the global server market grew 12 per cent (year-over-year) to $20.9 billion in Q1,

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Byju’s most valuable startup in India, 11th in the world

Byju’s most valuable startup in India, 11th in the world

🕔10:17, 13.Jun 2021

New Delhi, June 13  Edtech company Byju’s is now India’s most valuable unicorn startup with a valuation of $16.5 billion, surpassing fintech company Paytm’s $16 billion valuation. As per CB Insights data, as of June 2021, Byju’s is the 11th

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International prices to help steelmakers tide over 2nd Covid wave: ICRA

International prices to help steelmakers tide over 2nd Covid wave: ICRA

🕔10:04, 13.Jun 2021

New Delhi, June 13  Supportive international prices are expected to help domestic steelmakers tide over the second Covid wave, ratings agency ICRA said. Besides, ICRA expects domestic demand to recover in the coming months with the gradual lifting of lockdowns

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India to require 400k charging stations for 2 mn EVs by 2026: Report

India to require 400k charging stations for 2 mn EVs by 2026: Report

🕔10:02, 13.Jun 2021

New Delhi, June 13  India needs about 400,000 charging stations to meet the requirement for two million Electric Vehicles (EV) that could potentially ply on its roads by 2026, said a report on Saturday. The Grant Thornton Bharat-Ficci report said

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HCL provides 17 ready-to-use O2 plants in Delhi

HCL provides 17 ready-to-use O2 plants in Delhi

🕔15:01, 12.Jun 2021

New Delhi, June 12  HCL on Saturday announced that it has provided 17 ready-to-use oxygen plants to the Delhi government. These plants have been imported from France and are now deployed across seven hospitals in the city. The total combined

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CG Power plans Rs 135 cr capex, to close some overseas subsidiaries

CG Power plans Rs 135 cr capex, to close some overseas subsidiaries

🕔15:00, 12.Jun 2021

Chennai, June 12  CG Power Industrial Power Solutions Ltd has planned a capex of Rs 135 crore this fiscal, the company said. The capex to be funded out of internal accruals will be on balancing, debottlenecking and modernising the facilities

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DLF logs Q4 net profit of Rs 481 crore

DLF logs Q4 net profit of Rs 481 crore

🕔07:35, 12.Jun 2021

New Delhi, June 12  DLF on Friday reported a net profit of Rs 481 crore for the January-March qaurter of FY 2020-21, reflecting a year-on-year growth of 42 per cent. Its consolidated revenue increased 2 per cent to Rs 1,907

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Flipkart partners with Telangana for ‘Medicines from Sky’ project

Flipkart partners with Telangana for ‘Medicines from Sky’ project

🕔21:41, 11.Jun 2021

Hyderabad, June 11  Flipkart, India’s homegrown e-commerce marketplace, on Friday announced its partnership with the Telangana government to lead a consortium tasked with the development and execution of the drone deliveries of medical supplies to remote areas under the ‘Medicines

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Tata Motors bags order of 115 ambulances from Gujarat govt

Tata Motors bags order of 115 ambulances from Gujarat govt

🕔21:26, 11.Jun 2021

New Delhi, June 11  Automobile manufacturer Tata Motors said on Friday that it has bagged an order for 115 ambulances from the Gujarat government. The company has supplied 25 Tata Winger ambulances to the Health Department of Gujarat, as part

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Jio launches ‘Freedom Plans’ with no daily limit for data usage

Jio launches ‘Freedom Plans’ with no daily limit for data usage

🕔21:11, 11.Jun 2021

New Delhi, June 11  With a view to bring about more options in digital experiences, Reliance Jio has introduced ‘Jio Freedom Plans’, which include five new ‘no daily data limit’ prepaid schemes. The new prepaid plans come with 30-day cycle

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Crisil assigns ‘highest’ corporate governance rating to Bharti Airtel

Crisil assigns ‘highest’ corporate governance rating to Bharti Airtel

🕔15:59, 11.Jun 2021

New Delhi, June 11  Bharti Airtel on Friday said that Crisil has assigned ‘CRISIL GVC Level 1’ grading to the company, which is the ‘highest’ level in terms of corporate governance practices. “We are pleased to inform you that CRISIL

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Apple supply chain creates 20K jobs in India: Report

Apple supply chain creates 20K jobs in India: Report

🕔14:00, 11.Jun 2021

New Delhi, June 11 Apple supply chain’s shift of operation to India, in line with the incentives provided by the government, has reportedly created around 20,000 job in the country to date. According to a report in DigiTimes Asia, the number

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Wipro appoints Anup Purohit as Chief Information Officer

Wipro appoints Anup Purohit as Chief Information Officer

🕔13:17, 11.Jun 2021

Bengaluru, June 11  IT major Wipro has announced the appointment of Anup Purohit as its Chief Information Officer. A company statement said that Purohit brings with him over 25 years of experience across banking and financial services, centered around innovation

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Airtel’s Ajai Puri to continue as COAI Chairman in FY22

Airtel’s Ajai Puri to continue as COAI Chairman in FY22

🕔07:43, 11.Jun 2021

New Delhi, June 11  Telecom industry body COAI on Thursday said that Bharti Airtel’s Ajai Puri has been re-elected as the Chairman of the association for 2021-22. Puri is the Chief Operating Officer (India and South Asia) of Bharti Airtel

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Yes Bank board okays raising up to Rs 10K cr via debt securities

Yes Bank board okays raising up to Rs 10K cr via debt securities

🕔07:40, 11.Jun 2021

Mumbai, June 11  The Board of Yes Bank on Thursday approved raising up to Rs 10,000 crore through debt securities. The instruments for raising the fund would include non-convertible debentures (NCD), bonds, Medium Term Note (MTN) among others, the bank

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Bharti Airtel upgrades network in Himachal

Bharti Airtel upgrades network in Himachal

🕔07:39, 11.Jun 2021

Shimla, June 11  Telecom service provider Bharti Airtel said on Thursday that it has upgraded its mobile network in Himachal Pradesh by deploying additional spectrum along with advanced network software tools to bolster high-speed data capacity. Of this, 2.6 MHz

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Tata Digital to acquire majority stake in 1MG

Tata Digital to acquire majority stake in 1MG

🕔13:18, 10.Jun 2021

Mumbai, June 10 (IANS) Tata Digital Limited, a subsidiary of Tata Sons Private Ltd will acquire majority stake in digital health company 1MG Technologies Private Ltd (1MG). Incorporated in 2015, 1MG is a leading player in the eHealth space and enables

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