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Tejas Networks receives Rs 7,492 crore order from BSNL
It will supply its latest 4G/5G RAN equipment for nearly 100,000 sites of BSNL. The order will be executed during calendar years 2023 and 2024.
Tunisia arrests bakery union chief amid bread shortage: Media
Economists told AFP the current supply crisis stems from an inadequate reserve of subsidised flour held by the highly-indebted Tunisian government.
Mrs. Parminder Chopra’s appointment as CMD of PFC gets Govt Nod
New Delhi: Smt. Parminder Chopra has been appointed as Chairman and Managing Director (CMD), of Power Finance Corporation Limited (PFC) by the Central Govt. effective August, 14. She has been holding the additional charge of Chairman and…
PM Modi: 5G rollout fastest in India; all set for 6G
India’s 5G rollout is the fastest in the world and it has reached more than 700 districts in the country, Prime Minister Narendra Modi said in his Independence Day speech on Tuesday.
Reliance Jio completes minimum 5G roll-out obligations in all 22 licensed circles
NEW DELHI: Telecom service provider, Reliance Jio on Monday completed the minimum 5G rollout obligation by launching 5G network using 26 GHz mm Wave spectrum in the country. Earlier Bharti Airtel had announced launching 5G services on 26…
Bankruptcy talk in China’s reality developer Country Garden, fears of wider economic…
BEIJING: Danger bells are mounting in China around Country Garden, a major property developer whose colossal debt raises fear of a bankruptcy that could spell wider economic turbulence, two years after the unravelling of its competitor…
Russian ruble falls below 100 against dollar for first time since March 2022
Moscow: The ruble could sink further to 115-120 per dollar, MOSCOW: The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine.
The…
Shareholders to get 1 share of hotel biz for 10 ITC stocks
The hotel business, which competes with the likes of Taj, Leela and Oberoi hotels, will be listed as a separate entity in about 15 months.
NEW DELHI: Shareholders of ITC will get one share in the soon-to-be-listed hotel entity for every 10…
World’s biggest contract electronics manufacturer Foxconn plans to invest billions in India
It currently operates about nine production campuses and has more than 30 factories in India, with "turnover of business size of roughly $10 billion annually".
TAIPEI: Taiwanese tech giant and key Apple supplier Foxconn said Monday it sees…
July exports fall 16% to $32.3 bn on weak global demand
Merchandise imports in July also witnessed a 17% decline to $52.92 billion, compared to $63.77 billion in July 2022.
NEW DELHI: India experienced a 16% decline in merchandise exports to $32.25 billion in July, reaching a nine-month low…
Markets fall in early trade on weak global trends, foreign fund outflows
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the negative territory.
MUMBAI: Benchmark equity indices declined in early trade on Monday, falling for the third day running, amid weak global market trends and fresh…
Is it the right time to invest in markets?
In the long run for a person to make money, there is no great need to be able to predict how the market will move in the next month or next quarter.
The Index has reached 67,000 (Sensex). Is it the right time to sell some shares and sit…
Why financial freedom is about your risk appetite
To achieve financial freedom, you need to invest wisely and regularly. These challenges make you take risks in an area that may not be your core competency.
Financial freedom is an undefined goal. It is an idea that makes you smile when…
Do not disproportionately raise exposure to small, mid-cap stocks
Mid-cap equity mutual fund schemes garnered R1,749 crore in June and R1,623 crore in July.
MUMBAI: With the stock market rallying to new highs in recent months, mutual funds have seen record inflows of investors’ money. Within the mutual…
India Inc takes giant leaps in empowering women
Companies from Ola, Ashok Leyland, Berger Paints to Bosch and JSW Paints, among other prominent companies, have employed all-women production lines or factories.
BENGALURU: Organisations across sectors are now making extra efforts to…
PLI scheme boosts desi manufacturing but not enough to meet surging demand
The manufacture of electronic goods – including mobile phones and appliances – more than quadrupled to Rs 8.2 lakh crores from Rs 1.9 lakh crore in nine years.
While India’s efforts to boost mobile phone and electronics manufacturing in…
PFC registers 43% rise in net Profit, rewards investors with1:4 Bonus
New Delhi: Maharatna power sector enterprise PFC has registered robust results for the Q1'24 with 43 % surge in standalone Profit After Tax and has rewarded investors a with of 1:4 shares. This reinforces Company’s commitment to deliver…
REC doubles its Market Cap in one year; figures in Morgan Stanley Global Index
Gurugram, REC Limited, the Maharatna CPSE under the Ministry of Power, has secured coveted place in the esteemed Morgan Stanley Capital International (MSCI) Global Standard Index, effective from 1st September 2023.
A recent report by…
International Energy Agency raises world oil demand forecast in 2023 towards all-time high
"World oil demand is scaling record highs, boosted by strong summer air travel, increased oil use in power generation and surging Chinese petrochemical activity," the IEA said.
PARIS: The International Energy Agency said Friday it had…
RBI Governor pitches for expeditious completion of quota review at IMF
Shaktikanta Das speaks at a seminar on the global economy organised by the Ministry of Finance in Mumbai.
