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Telecom subscribers' addition on steady path: MOFSL

Telecom subscribers' addition on steady path: MOFSL

21-03-2021 comments

New Delhi (IANS) India's telecom subscribers' addition came back on steady path in January 2021, Motilal Oswal Financial Services said in a report.

Accordingly, the total subscriber base increased to 1.16 billion in January 2021.

Adani Green Energy to acquire 50 MW Solar Asset from SkyPower Global

Adani Green Energy to acquire 50 MW Solar Asset from SkyPower Global

20-03-2021 comments

Ahmedabad (IANS) Adani Green Energy Limited (AGEL) on Saturday announced that it has signed a share purchase agreement for acquisition of 100 per cent stake in an SPV holding 50 MW operating solar project of the Toronto-headquartered SkyPower Global.

20 states with ease of doing business to borrow Rs 39K cr

20 states with ease of doing business to borrow Rs 39K cr

20-03-2021 comments

New Delhi (IANS) Twenty states who have successfully completed the "Ease of Doing Business" reforms have turned eligible for addtional borrowing of 0.25 per cent of Gross State Domestic Product (GSDP).

Five more -- Arunachal Pradesh, Chhattisgarh,…

Containerised import & export trade contracts 6.5%

Containerised import & export trade contracts 6.5%

19-03-2021 comments

Mumbai (IANS) For Indian trade, 2020 was a year dominated by unprecedented challenges, irregular manufacturing and buying patterns, disrupted trade environments and lack of predictability, Maersk report said on Friday.

With the Covid-19 pandemic…

Nearing polls, softening crude keep Oilcos from hiking prices

Nearing polls, softening crude keep Oilcos from hiking prices

18-03-2021 comments

New Delhi (IANS) Fuel prices in the country have remained steady for over a fortnight now as softening crude and upcoming elections in several states later this month has kept Oil companies from revising the retail prices.

Accordingly, petrol…

Growth pick-up: Hyundai sees sales uptrend to continue

Growth pick-up: Hyundai sees sales uptrend to continue

18-03-2021 comments

New Delhi (IANS) Automobile major Hyundai Motor India foresees a sustainable up-trend in demand on the back of accelerated economic recovery as well as opening of offices and other establishments.

Besides, the company expects the strong response…

Apparel retail's recovery expected to continue in FY22: Ind-Ra

Apparel retail's recovery expected to continue in FY22: Ind-Ra

17-03-2021 comments

Mumbai (IANS) Apparel retail sector's recovery is expected to continue in FY22, on back of improving consumer confidence, resumption of store expansion by organised players and prospects of the vaccine rollout, said India Ratings and Research…

Nokia to lay off 10K employees, plans investment in 5G, Cloud

Nokia to lay off 10K employees, plans investment in 5G, Cloud

17-03-2021 comments

New Delhi (IANS) Nokia has announced it will lay off 10,000 employees in the next two years as part of its restructuring plans, reset its cost bases and invest in R&D and future capabilities including 5G, cloud and digital infrastructure.

On…

Commerce ministry writes to finmin seeking restoration of duty free import of export inputs

Commerce ministry writes to finmin seeking restoration of duty free import of export inputs

16-03-2021 comments

New Delhi (IANS) The Commerce Ministry has written to the Finance Ministry for immediate restoration of duty free import of export inputs used by the garment, leather and handicrafts sectors. Removal of the duty free status in the Budget 2021-22 has…

Circular economy can cut vehicle emissions by 75% by 2030

Circular economy can cut vehicle emissions by 75% by 2030

16-03-2021 comments

Bengaluru (IANS) In order to address global warming, the adoption of circular economy practices combined with accelerated electrification in the automotive industry has the potential to reduce carbon emissions by up to 75 per cent by 2030, a new Accenture-World…

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