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Maruti Suzuki launches all new Vitara Brezza

Maruti Suzuki launches all new Vitara Brezza

🕔07:20, 25.Feb 2020

New Delhi, Feb 25  Automobile major Maruti Suzuki India on Monday launched the all new compact SUV Vitara Brezza, which was unveiled at the recently held Auto Expo 2020. The new vehicle has been priced in the range of Rs

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‘Limited immediate risk from Covid-19 to India pharma sector’

‘Limited immediate risk from Covid-19 to India pharma sector’

🕔07:00, 25.Feb 2020

Mumbai, Feb 25  The immediate risk to the Indian pharma industry from the supply shortages of key raw materials from China due to coronavirus outbreak is limited, a market report said on Monday. However, according to the HDFC Securities’ report,

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Coronavirus fear: Gold logs all-time high of Rs 43,590

Coronavirus fear: Gold logs all-time high of Rs 43,590

🕔06:27, 25.Feb 2020

Mumbai, Feb 25  Supported by weakening rupee and uncertainty owing to the fast spreading coronavirus, prices of safe haven assets like gold and silver rose sharply on Monday. Gold prices logged a life-time high of Rs 43,590 per 10 grams,

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L&T arm wins IT services deal from Swedish firm

L&T arm wins IT services deal from Swedish firm

🕔14:40, 24.Feb 2020

Bengaluru, Feb 24  Infrastructure construction major L&T’s IT arm on Monday said it bagged a multi-year engineering services contract from Swedish firm Dometic, which provides mobile solutions worldwide. “We have set up a dedicated global engineering centre in Chennai to

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Wipro Digital buys US firm Rational Interaction

Wipro Digital buys US firm Rational Interaction

🕔07:04, 22.Feb 2020

Bengaluru, Feb 22  Global software major Wipro’s digital arm on Friday said it acquired US-based Rational Interaction to enhance its customer experience offerings. “The acquisition will scale our digital offerings to chief marketing officers, connecting Rational’s ability to map the

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DoT clears Bharti Infratel-Indus Tower merger deal: Sources

DoT clears Bharti Infratel-Indus Tower merger deal: Sources

🕔07:03, 22.Feb 2020

New Delhi, Feb 22  The Department of Telecommunications on Friday approved the long-pending merger of Bharti Infratel with Indus Towers to help both telcos, particularly Vodafone Idea, to sell their stakes in the entity to raise funds. Official sources said

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Govt gets Rs 15,700 cr AGR, to send notice for remainder

Govt gets Rs 15,700 cr AGR, to send notice for remainder

🕔06:44, 21.Feb 2020

New Delhi, Feb 21  The government has received Rs 15,697 crore in AGR dues as on Thursday with the latest payment of Rs 1,000 crore by Vodafone Idea. While Bharti Airtel paid Rs 10,000 crore on Monday, Vodafone Idea paid

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BSES using drones for maintenance work

BSES using drones for maintenance work

🕔06:39, 21.Feb 2020

New Delhi, Feb 21  Delhi electricity distribution company (discom) BSES on Thursday announced that it has drawn up a detailed plan for using drones to monitor the health of the electricity network, including high voltage lines and grid sub-stations. A

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Air India suspends China, HK operations till June 30

Air India suspends China, HK operations till June 30

🕔06:36, 21.Feb 2020

New Delhi, Feb 21  National passenger carrier Air India has extended the suspension period for its Delhi-Shanghai and Delhi- Hong Kong services till June 30, owing to the outbreak of deadly Coronavirus (COVID-19). Earlier, Air India had cancelled its flights

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Fitch gives ‘stable’ outlook to Airtel

Fitch gives ‘stable’ outlook to Airtel

🕔16:33, 20.Feb 2020

New Delhi, Feb 20  Fitch Ratings has affirmed Bharti Airtel Limited’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ and senior unsecured rating ‘BBB-‘ and the Outlook on the IDR is Stable. The agency has also affirmed Bharti Airtel International

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Bhushan Power Acquisition: JSW Steel to pay Rs 19,700 cr

Bhushan Power Acquisition: JSW Steel to pay Rs 19,700 cr

🕔16:32, 20.Feb 2020

New Delhi, Feb 20  JSW Steel is all set to wrap up one of the long-drawn and high profile insolvency resolution cases, as it is likely to pay Rs 19,700 crore to acquire the bankrupt Bhushan Power and Steel Ltd

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Vodafone Idea pays Rs 1000 cr to DoT towards AGR: Sources

Vodafone Idea pays Rs 1000 cr to DoT towards AGR: Sources

🕔16:31, 20.Feb 2020

New Delhi, Feb 20  Vodafone Idea on Thursday paid Rs 1,000 crore to Department of Telecom towards its AGR dues, official sources said. Earlier this week, the telecom company had paid Rs 2500 crore and had said it would pay

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Paytm Mall ventures into exports, eyes Rs 500cr GMV in 2 yrs

Paytm Mall ventures into exports, eyes Rs 500cr GMV in 2 yrs

🕔07:36, 20.Feb 2020

New Delhi, Feb 20  E-commerce platform Paytm Mall on Wednesday said it ventured into exports with the aim of becoming India’s largest trading house for “Made in India” products, while targeting Rs 500 crore gross merchandise value (GMV) in the

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Infosys to digitise IT ops of GE Appliances

Infosys to digitise IT ops of GE Appliances

🕔07:29, 20.Feb 2020

Bengaluru, Feb 20  Global software major Infosys said on Wednesday that it would digitise the IT operations of GE Appliances, which is a subsidiary of Chinese home appliances and consumer electronics major Haier. “As an IT services partner, we will

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India to have over 900 mn Internet users by 2023: Cisco

India to have over 900 mn Internet users by 2023: Cisco

🕔06:51, 19.Feb 2020

New Delhi, Feb 19  India will have over 907 million Internet users by 2023, accounting for 64 per cent of the country’s population, a Cisco report said on Tuesday. Over half a billion people already use the Internet in India.

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Vodafone Idea pays Rs 2,500 cr, Tatas Rs 2,200 cr AGR dues

Vodafone Idea pays Rs 2,500 cr, Tatas Rs 2,200 cr AGR dues

🕔12:43, 18.Feb 2020

New Delhi, Feb 18  After Airtel, Vodafone Idea and Tata Teleservices made part payments of their AGR dues to Department of Telecom, furnishing Rs 2,500 crore and Rs 2,200 crore, respectively, official sources said. Earlier in the day, Airtel made

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Hero Motocorp to invest Rs 10k cr in R&D

Hero Motocorp to invest Rs 10k cr in R&D

🕔12:42, 18.Feb 2020

Jaipur, Feb 18  Hero Motocorp will invest Rs 10,000 crore in research and development (R&D) in the next 5-7 years, Pawan Munjal, Chairman and Managing Director said on Tuesday. Munjal also announced the new vision and mission of Hero Motocorp

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Telcos may default on spectrum auction dues over AGR payment

Telcos may default on spectrum auction dues over AGR payment

🕔12:38, 18.Feb 2020

New Delhi, Feb 18  The new stress that could now emerge for government and banks despite winning the AGR battle against the telcos in the Supreme Court is the strong possibility of telecom companies defaulting on last spectrum auction dues

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HCL to bring together Fonterra’s IT infra services under one umbrella

HCL to bring together Fonterra’s IT infra services under one umbrella

🕔12:32, 18.Feb 2020

New Delhi, Feb 18  Global technology company HCL Technologies (HCL) on Tuesday announced a new large contract with New Zealand dairy co-operative Fonterra to modernise and manage the entire technology infrastructure Fonterra employees around the world use everyday. The multi-year

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RIL consolidates media, distribution businesses into Network18

RIL consolidates media, distribution businesses into Network18

🕔08:59, 18.Feb 2020

Mumbai, Feb 17 Reliance Industries (RIL) on Monday announced a consolidation of its media and distribution businesses spread across multiple entities into Network18. Under the scheme of arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will merge into

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