Noise, Il Jin Electronics JV to boost manufacturing of smart wearables in India

New Delhi (IANS) Homegrown connected lifestyle brand Noise on Tuesday announced a joint venture with Il Jin Electronics, a subsidiary arm of Amber Enterprises India Ltd, to boost the manufacturing of smart wearables in the country.

Noise currently…

itel set to launch India's most affordable 5G smartphone, to be priced below 10K

New Delhi (IANS) Just in time for the festive season, itel Mobile India is expected to launch India’s only 5G-enabled smartphone under Rs 10,000 in the country.

Sources told IANS on Monday that the much-anticipated 5G marvel, itel P55 5G, is…

Domestic markets give up momentum

New Delhi (IANS) The domestic markets relinquished their momentum as they anticipated a draft of policy rate decision due this week, said Vinod Nair, Head of Research at Geojit Financial Services.

While the Nifty 50 fell 59.05 points to end…

Govt announces family pension for LIC employees, hikes gratuity limit for agents

New Delhi (IANS) Government on Monday announced family pension at a uniform rate of 30 per cent for the welfare of the families of LIC employees.

It has also enhanced the gratuity limit from Rs 3 lakh to Rs 5 lakh for LIC agents.

Announcing…

Small food manufacturers urges PM Modi to initiate investigation on WHO's report on food consumption trends in India

New Delhi (IANS) Indian Sellers Collective, an umbrella body of leading trade associations and sellers across the country, has come down heavily on a report by WHO which advocates restricting the growth of small independent retailers selling indigenous…

Vodafone Idea pays Rs 1701 crore to DoT for spectrum auction instalment

New Delhi (IANS) Vodafone Idea has made a requisite payment of Rs 1,701 crore to the Department of Telecommunications telecom department towards 2022 Spectrum Auction Instalment.

In a regulatory filing, Vodafone Idea said the payment is in…

Legal action by Akasa Air: Over 40 pilots face lawsuit for abrupt resignations

New Delhi (IANS) Akasa Air has initiated legal action against more than 40 pilots who recently left the airline to join other carriers. This sudden departure of pilots has compelled the airline, which commenced operations in August of the previous…

Global rice crisis reminiscent of 2008 Asian food price scare

New Delhi (IANS) Frederic Neumann, the Chief Asia Economist at HSBC Global Research, highlighted in a note to clients that skyrocketing rice prices present hurdles for central banks combating high inflation, Zero Hedge reported.

He drew parallels…

DGCA gives nod to Zooom airlines to commence operations

New Delhi (IANS) The Directorate General of Civil Aviation (DGCA) has given its nod to Zooom airlines to commence commercial passenger operations in India.

Zooom airlines or Zexus Air, initially established in April 2013, acquired its first…

India’s trade deficit declines in August

New Delhi (IANS) India's merchandise trade deficit declined by around 3 per cent to $24.16 billion in August from $24.86 billion in the same month last year, Commerce Secretary Sunil Barthwal said on Friday.

A lower trade deficit is good…