Chennai, Sep 22 (IANS) The Nasdaq listed Sify Technologies Ltd will be setting up 200 MW capacity data centres over the next four years with a mix of hyperscale and retail facilities, said a company official. The new data centres will
Mumbai, Sep 22 Financially troubled Zee Entertainment Enterprises will merge with Sony Pictures Networks India (SPNI). Accordingly, the board of ZEEL has provided an in-principle approval for the merger. “The Board has evaluated not only on financial parameters, but also
New Delhi, Sep 21 Torrent Power Limited has entered into a Share Purchase Agreement with CESC Limited, Haldia Energy Limited and other nominal shareholders for the acquisition of 100 per cent of the share capital of Surya Vidyut Limited (the
New Delhi, Sep 21 (IANS) Budget airline SpiceJet has received shareholders’ nod to raise Rs 2,500 crore through issuance of shares under a QIP. In financial parlance, eligible securities are issued through a Qualified Institutions Placement or QIP to raise funds.
New Delhi, Sep 21 (IANS) Deloitte Touche Tohmatsu India LLP (DTTILLP) unveiled wave 22, the latest 30-day analysis of its Global State of the Consumer Tracker, indicating a consumption revival in India, with consumers showing positive spending intent and a brighter
Chennai, Sep 21 Coronavirus eating into the Indian general insurance industry’s business and profits? You must be joking. The 32-player industry’s net profit last year zoomed to Rs 3,868.77 crore from a net loss of Rs 1,402.53 crore in 2019-20,
New Delhi, Sep 21 Gautam Adani, the Chairman of the Adani Group, on Monday coined the slogan “A greater India is visibly an India for Indians” as the country embarks on a journey of growth. Adani was speaking at Priyadarshni
New Delhi, Sep 21 (IANS) Global smartphone brand OnePlus has announced that it will integrate the OxygenOS and ColorOS teams to plan the future software experience together. OnePlus Founder and Chief Product Officer for OPPO Pete Lau said that they are
New Delhi, Sep 21 (IANS) The US-based company Amazon Inc’s India operations has spent a staggering over $1.2 billion in legal expenses in the last two years to maintain its presence and relevance in one the largest markets globally. As per
New Delhi, Sep 21 Adani Group is well on track to be the worlds largest renewable power generating company by 2030, Gautam Adani, Chairman, Adani Group said. Speaking at a JP Morgan event, Adani said the group is already the
New Delhi, Sep 21 The first four months of this financial year 2021-22 (April-July of FY 22), witnessed a staggering 177 per cent rise in stainless steel imports into the country as compared to last years (FY 21) average, and
Mumbai, Sep 20 (IANS) Union Shipping Minister Sarbananda Sonowal on Monday flagged off the country’s first dwarf container train, from the Jawaharlal Nehru Port Trust, Mumbai to the ICD Kanpur. Dwarf containers are 2.16 feet (660 mm) shorter than the conventional
New Delhi, Sep 20 In a boost to domestic carrier SpiceJet, the commercial settlement finalised by the airline with two major lessors of MAX aircraft will result in savings of roughly around Rs 300 crore for the Ajay Singh-led carrier.
Mumbai, Sep 20 Telecom operator, Vodafone Idea Ltd (VIL) on Sunday claimed that it has achieved peak speed in excess of 3.7 Gbps with very low latency on the mmWave spectrum band in its 5G trials. The company is conducting 5G
New Delhi, Sep 19 The Centre on Saturday allowed domestic airlines to deploy up to 85 per cent of their pre-Covid flight capacity. Accordingly, the capacity is being raised from 72.5 per cent, which was set on August 12, 2021.
New Delhi, Sep 17 (IANS) Ola Electric on Friday announced that it has sold e-scooters worth Rs 1,100 core in two days since Wednesday, when the purchase window was opened. “In total over 2 days, we have done over Rs 1,100
San Francisco, Sep 17 Facebook-owned WhatsApp has reportedly started rolling out the multi-device feature on the stable iOS version of the app. Users on the latest 2.21.180.14 version of WhatsApp for iOS who have enrolled in the beta program will
New Delhi, Sep 17 (IANS) Vodafone Idea would opt for the equity conversion for interest payout during moratorium period, resulting in sizable dilution and might restrict potential equity infusion from any financial/strategic investor, analysts said. Emkay Global Financial Services said in
San Francisco, Sep 17 (IANS) Facebook has announced a new policy that allows it to take out networks of accounts engaging in “coordinated social harm”. The company said the change could help the platform fight harmful behaviour it wouldn’t otherwise be
Bengaluru, Sep 17 (IANS) Biocon Biologics, a subsidiary of Biocon, on Thursday offered approximately 15 per cent stake to Serum Institute Life Sciences (SILS) for 100 million doses of vaccines in a strategic alliance. SILS is a subsidiary of Pune-based Serum
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