Business
Last hurdle: BS-VI toughest challenge for auto sector in 2020

Last hurdle: BS-VI toughest challenge for auto sector in 2020

27-12-2019  comments

New Delhi (IANS) After enduring massive sales' truncation during the last 12 months, the Indian automobile sector now braces to face its latest and hopefully the last hurdle of the slowdown saga -- Bharat Stage VI transition -- in 2020.

The…

RBI introduces new prepaid payment instrument

RBI introduces new prepaid payment instrument

25-12-2019  comments

Mumbai (IANS) The Reserve Bank has introduced a new type of prepaid payment instrument (PPI) which could be used only for purchase of goods and services up to a limit of Rs 10,000 per month.

"To give impetus to small value digital payments…

Tejas to promote UP's 'One District One Product'

Tejas to promote UP's 'One District One Product'

25-12-2019  comments

Lucknow (IANS) The Uttar Pradesh government will promote its One District One Product (ODOP) scheme in the first semi-high speed train Tejas Express.

The Department of Industries (Micro, Small and Medium) of the state government has given…

Sensex opens marginally higher, IT falls

Sensex opens marginally higher, IT falls

24-12-2019  comments

Mumbai (IANS) Sensex and Nifty opened marginally higher on Tuesday and traded flat as index heavyweights like Reliance Industries, SBI, Infosys and Axis Bank declined during the early trade.

Most IT companies such as TCS, Infosys, Tech Mahindra…

India's growth rate didn't match increase in jobs: IMF

India's growth rate didn't match increase in jobs: IMF

24-12-2019  comments

United Nations (IANS) The International Monetary Fund (IMF) has said that India's high growth rate in recent years did not lead to a matching increase in formal sector jobs and labour market participation has declined.

The IMF's report…

Telcos up the ante with benefits in 365-day prepaid plans

Telcos up the ante with benefits in 365-day prepaid plans

24-12-2019  comments

New Delhi (IANS) The battle among the telecom firms -- Jio, Airtel and Vodafone -- to capture customers on their 365-day prepaid plans has heated up after their recent tariff hikes.

On Monday, Jio launched '2020 Happy New Year Offer'…

SpiceJet's 3 freighter aircraft returns to operation

SpiceJet's 3 freighter aircraft returns to operation

23-12-2019  comments

Mumbai (IANS) SpiceJet has said that three of its B737 freighter aircraft, which were grounded earlier this month due to a "potential defect", would return to operation on Monday.

"The three grounded B737 freighter aircraft shall return to…

M&M announces succession plan, Wadhera to step down

M&M announces succession plan, Wadhera to step down

23-12-2019  comments

Mumbai (IANS) Mahindra and Mahindra on Monday announced the succession plan for its top executives. The auto major said Rajan Wadhera will retire and step down from his executive role as President Auto Sector.

The company said in a regulatory…

Oracle aims to double customer base in India to 2,000 soon

Oracle aims to double customer base in India to 2,000 soon

22-12-2019  comments

New Delhi (IANS) With a new data centre up and live in India, US-based global Cloud major Oracle has unleashed its animal spirit, targeting to double its customer base in the country to 2,000 from its current base of close to 1,000 customers.

'India is top class telecom investment destination'

'India is top class telecom investment destination'

22-12-2019  comments

New Delhi (IANS) India as a destination for telecom is world class and the spectrum auction could be expected to be utilised well by the telcos given India's communication potential, Telecom Secretary Anshu Prakash has said.

"India as a…

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