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Sify Technologies to set up data centres with 200 MW capacity

Sify Technologies to set up data centres with 200 MW capacity

🕔14:08, 22.Sep 2021

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

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ZEEL to merge with Sony Pictures Networks India

ZEEL to merge with Sony Pictures Networks India

🕔11:02, 22.Sep 2021

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

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Torrent Power acquires 156 MW wind power plants from CESC Limited

Torrent Power acquires 156 MW wind power plants from CESC Limited

🕔20:11, 21.Sep 2021

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

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SpiceJet receives shareholders’ nod to raise Rs 2.5K cr via QIP

SpiceJet receives shareholders’ nod to raise Rs 2.5K cr via QIP

🕔19:38, 21.Sep 2021

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.

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India cautiously returning to ‘business as usual’: Study

India cautiously returning to ‘business as usual’: Study

🕔19:35, 21.Sep 2021

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

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Zooming profits for general insurers in FY21

Zooming profits for general insurers in FY21

🕔19:34, 21.Sep 2021

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,

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A greater India is visibly an India for Indians: Gautam Adani

A greater India is visibly an India for Indians: Gautam Adani

🕔19:33, 21.Sep 2021

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

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OxygenOS, ColorOS will merge to form unified OS in 2022 : OnePlus

OxygenOS, ColorOS will merge to form unified OS in 2022 : OnePlus

🕔17:27, 21.Sep 2021

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

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Amazon pays $1.2 bn as legal fees in India to remain operational

Amazon pays $1.2 bn as legal fees in India to remain operational

🕔16:53, 21.Sep 2021

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

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Gautam Adani says on track to be the world’s largest renewable generating company

Gautam Adani says on track to be the world’s largest renewable generating company

🕔16:50, 21.Sep 2021

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

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Stainless-steel sector sees a massive 177% jump in imports

Stainless-steel sector sees a massive 177% jump in imports

🕔13:35, 21.Sep 2021

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

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India’s first ‘dwarf container’ train chugs out from JNPT Mumbai

India’s first ‘dwarf container’ train chugs out from JNPT Mumbai

🕔20:18, 20.Sep 2021

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

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SpiceJet looks to save Rs 1K cr on commercial settlement with MAX lessors

SpiceJet looks to save Rs 1K cr on commercial settlement with MAX lessors

🕔18:12, 20.Sep 2021

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.

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Vi claims to record top 5G speed of 3.7 gbps in its ongoing trials

Vi claims to record top 5G speed of 3.7 gbps in its ongoing trials

🕔06:38, 20.Sep 2021

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

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India hikes domestic flight capacity to 85%

India hikes domestic flight capacity to 85%

🕔12:59, 19.Sep 2021

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.

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Ola Electric continues record run, sells scooters worth Rs 1,100 cr in 2 days

Ola Electric continues record run, sells scooters worth Rs 1,100 cr in 2 days

🕔17:30, 17.Sep 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

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WhatsApp users on stable iOS version receive multi-device support

WhatsApp users on stable iOS version receive multi-device support

🕔17:24, 17.Sep 2021

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

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Vodafone Idea would opt for equity conversion during moratorium

Vodafone Idea would opt for equity conversion during moratorium

🕔17:18, 17.Sep 2021

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

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FB’s new policy for fighting ‘coordinated social harm’

FB’s new policy for fighting ‘coordinated social harm’

🕔10:37, 17.Sep 2021

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

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Biocon Biologics offers 15% stake to SII subsidiary for 100 mn vax doses

Biocon Biologics offers 15% stake to SII subsidiary for 100 mn vax doses

🕔10:30, 17.Sep 2021

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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