6 GHz spectrum vital for super-fast 5G speed, says COAI

New Delhi (IANS) As India rolls out 5G at a much faster pace than expected, it is critical to identify 6 GHz band for international mobile telecommunications (IMT) services, to not only aid long-term network planning but also help the National Broadband…

RBI cracked the whip on ICICI, others, for flouting norms, but was ignored: RTI

Mumbai (IANS) The Reserve Bank of India (RBI) had slapped show cause notices (SCNs) and imposed penalties on the ICICI Bank and certain other banks way back in 2017, for violating various norms, according to a RTI reply, but few of these seemed to…

'Make in India' smartphone shipments down 8% as consumer demand slows

New Delhi (IANS) Economic headwinds, poor consumer demand, and market uncertainties led to a 8 per cent decline in 'Make in India' smartphone shipments (year-over-year) in the third quarter (Q3) this year to reach over 52 million units, a…

Ola, Uber, Dunzo worst platforms in providing fair work for gig workers

New Delhi (IANS) When it comes to fair work for gig workers among the digital platform economy in India, Ola, Uber and quick-grocery delivery provider Dunzo are the worst performers across parameters related to the working conditions of gig workers,…

Gross direct tax collections up by 30% at Rs 10,93,385 cr in current fiscal

New Delhi (IANS) Gross direct tax collections for 2022-23 (up to November 30) are up by 29.66 per cent at Rs 10,93,385 crore, which was over Rs 8,43,301 crore collected during the corresponding period of last year.

The growth has been achieved…

India's growth rate to be 6.4% for next 5 years: UK-based Centre for Economics and Business Research

New Delhi (IANS) India's annual growth trajectory for the next five years is expected to be 6.4 per cent, after which it is likely to rise to 6.5 per cent during the subsequent nine years, according to the Centre for Economics and Business Research…

Traders' body to launch 3-month-long stir, seeks streamlining of e-commerce rules, GST rationalisation

New Delhi (IANS) The Confederation of All India Traders (CAIT) has announced a three-month nation-wide agitation from January 1, 2023 till March 31, 2023, seeking streamlining of e-commerce and simplification as well as rationalisation of GST structure…

Hindujas do a Messi in RCap bid

Mumbai (IANS) Hinduja offer of Rs 9,000 crore cash upfront trumps Torrent bid of just Rs 4,000 crore cash and the balance to be paid to lenders in three equal instalments in year 3/4/5 with zero interest.

The objective of the IBC Code is to…

Air India launches 'FogCare' initiative to minimise disruption

New Delhi (IANS) Air India on Saturday launched the new "FogCare" initiative which will take care of unforeseen circumstances, such as delays and cancellations of flights, due to thick fog during the winter season.

This initiative will initially…

Google moves NCLAT against CCI's Rs 1,338 cr fine over abusing Android market

New Delhi (IANS) Google on Friday said it has approached the National Company Law Appellate Tribunal (NCLAT) to appeal the Competition Commission of India's (CCI) decision to penalise the tech giant Rs 1,338 crore for abusing its dominant position…