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Govt approves application of 27 companies under Production Linked Incentive scheme
Approved applicants include Dell, Foxconn, HP, Lenovo, Flextronics
Dell, HP, Foxconn, Lenovo among 27 firms granted approval under new IT hardware PLI scheme: Vaishnaw
The move comes at a time when India is wooing IT hardware players with policy sweeteners and incentive schemes as an alternative to China
South India sees sharp surge in personal loan consumption, North and East lags
South India is leading in terms of personal loan growth, while Mumbai -- home to a large number of corporate headquarters -- leads in deposits
IBM, EU and Disney pull ads from Elon Musk’s X as concerns about antisemitism fuel backlash
The liberal advocacy group Media Matters said in a report on Thursday that ads from Apple, Oracle, NBCUniversal's Bravo network, and Comcast also were placed next to antisemitic material on X.
Amazon lays off hundreds in its Alexa division as it plows resources into AI
In a note to employees on Friday, Daniel Rausch, Amazon's vice president of Alexa and Fire TV, wrote that the company is eliminating certain roles because it is ditching some initiatives.
Railway stocks rise on plan to introduce 3K trains
Shares of Railtel Corporation of India surged 9% to close at Rs 270 apiece while Ircon International gained over 8% to close at Rs 167 a piece.
Infy employees to get 80% variable pay
The IT sector has been facing many challenges including macroeconomic headwinds and delays in decision making by clients.
आदिवासी परंपरा का गौरवगान -‘जनजातीय गौरव दिवस’
विविध संस्कृतियों और परंपराओं की भूमि भारत ने हमेशा देश की आजादी के लिए लड़ने वाले अपने बहादुर योद्धाओं के योगदान और बलिदान का जश्न मनाया है। हालाँकि, इस उत्सव के बीच, आदिवासी समुदाय की वीरता और संघर्ष पर अक्सर ध्यान नहीं दिया गया।…
Vodafone Idea records lowest loss in subscriber base in August 2023
The cash-strapped telco’s loss of subscribers is attributed to its failure to invest in its network and rollout of 4G services in the country.
Market surges over 1% as inflation eases
Domestic retail inflation falls to 4-month low of 4.87% in Oct, US consumer inflation cools
Subrata Roy: Who made it large, drop by drop in good and bad times
Before its decline, the Sahara portfolio comprised financial services, real estate, aviation, marquee hotels in London and New York, an IPL cricket team and a Formula One racing team.
Kalyan Jewellers says festive demand robust despite higher gold price
Kalyan Jewellers has recorded a 27% jump in its profit in the second quarter of the financial year amid the rising gold prices.
India’s hospitality industry icon PRS Oberoi passes away at 94
Son of late Rai Bahadur MS Oberoi, the founder of The Oberoi Group, PRS Oberoi had also been instrumental in developing the Trident chain of hotels.
India soon to become home to 2,000 global capability centres
While Bengaluru, Hyderabad, Chennai, Mumbai, Pune, and Delhi NCR remain popular sites for GCC establishments in India,
After strong Muhurat trading session, market witnesses selling pressure
“The sharp deceleration in II P growth, from 10.3% in August to 5.8% in September, and weakening Manufacturing PMI reflects global trends driven by rising interest rates and inflation.
Diwali season retail sales might have hit new high
The Confederation of All India Traders (CAITait) on Monday said the retail markets of the country registered a record trade of Rs 3.75 lakh crore.
BSNL’s Rs 1,000 cr telecom gear order may go to HFCL
The telco has been procuring indigenous telecom gear for its networks.
Retail inflation at 4.87% in October
Food inflation rate sees mixed trend, oil and fat prices fall 14%, pulse prices rise 19%
32-yr-old Academic from Andhra decodes the world of theories and contradictions
In recognition of his exceptional contributions to the field, Sivakrishnamraju was honoured with the Young Scientist Award from VD Good Technology Institution in New Delhi.
Sensex ends 354 points higher in Mahurat session
The broader Nifty50 of the National Stock Exchange advanced 100.20 points or 0.52% to settle at 19,525.55 led by gains in IT, infra and energy shares.
