Page 222 of industry news

Telecom products PLI: Samsung, Nokia among 42 selected

Out of the 42 companies, 17 got approval under the design-linked manufacturing scheme, which was launched in June 2022 under…

November 1, 2022 01:30 IST

Skills gap has to be bridged to build global products at scale: Industry

According to Nasscom, India has about 12,000 tech startups, of which 3,000 are deep tech startups.

November 1, 2022 00:45 IST

Tackling supply chain issues in the consumer durables market

The semiconductor shortage and dependency on Chinese suppliers is a challenge that will take some time to be resolved.

Updated: October 31, 2022 18:39 IST

Airtel Q2 net profit jumps 89 pc to Rs 2,145 crore amid higher subscriber realisation

Airtel CEO Gopal Vittal said the company is now rolling out 5G and exuded confidence that Airtel 5G Plus will…

October 31, 2022 17:34 IST

Elon Musk says Twitter will revise how it verifies users

“Whole verification process is being revamped right now”, Musk said in his tweet without giving more details.

Updated: October 31, 2022 07:26 IST

Tata Trusts inducts Mehli Mistry as trustee, hunt on for Srinath’s successor

Srinath, who has been with the Tata Group for more than 36 years, will be retiring this month on superannuation.

October 31, 2022 04:40 IST

Country Delight looks to be profitable by FY24, go public by 2025

After milk, the company is now foraying into multiple food staple categories, which includes rice, wheat, pulses, grains, jams and…

October 31, 2022 04:20 IST

UBL plans Rs 350 cr capex in 2023 to meet expected volume growth

Its revenue from operations was up 11.49 per cent to Rs 3,673.51 crore during the quarter.

October 30, 2022 16:21 IST

Will first bring down delinquency in corporate loans before restarting finance: PNB Housing MD & CEO Kousgi

Corporate sector disbursements were at Rs 123 crore, down by 48 per cent from the year-ago period.

October 30, 2022 16:01 IST

Suitors raises concerns over bidding process as Reliance Capital resolution enters final stage

According to sources, the decision of the Committee of Creditors (CoC) to introduce a new clause ‘Challenge Mechanism’ in the…

Updated: October 30, 2022 15:22 IST

Adani group to invest USD 150 bn in pursuit of USD 1 trillion valuation

On October 10, Adani Group Chief Financial Officer Jugeshinder ‘Robbie’ Singh detailed the growth plans of the group, which started…

October 30, 2022 11:50 IST

switches, switch industry, real estate projects, government efforts, switch prices, distribution methods, safety, commercial sectors, regulations, feature-rich modular switches

Planning framework of Indian switch industry for 2023

Because modular switches are aesthetically pleasing, there is a significant demand in the residential market as more and more individuals…

October 30, 2022 11:07 IST

Rules same for everyone: Govt on Musk takeover

Currently, users having objections to any content or account being blocked can move courts directly for redressal

October 29, 2022 06:15 IST

Dabur sharpens focus on F&B to beat inflation

“We have a vision to expand our beverage portfolio to a food and beverage portfolio. We have a 70% market…

October 29, 2022 03:15 IST

Indus Towers confident about new payment plan with Voda Idea

According to Indus Towers, factors such as the reform package announced by the government for the telecom sector, Vodafone Idea’s…

October 29, 2022 03:00 IST

Creditors expect higher bid values for insolvent Srei firms

The consolidated committee of creditors (CoC) for Srei Infrastructure Finance (SIFL) and Srei Equipment Finance (SEFL) has earlier decided to…

October 29, 2022 00:15 IST

Consumer electronics startup boAt raises Rs 500 cr At $1.4-bn valuation

The startup had filed draft papers with markets regulator Sebi for a Rs 2,000-crore IPO in January.

October 29, 2022 00:05 IST

Satin Creditcare Q2 net profit jumps multi-fold to Rs 57 crore

Total income increased to Rs 360.69 crore during the quarter under review as against Rs 325.91 crore last year, the…

October 28, 2022 20:58 IST

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Rapido food delivery pilot to be expanded

Business28 min ago

Rapido’s food delivery service, Ownly, will have a wider launch by November after Swiggy sold its stake for Rs 2,400 crore. Prosus and Westbridge Capital are leading a $350 million funding round, allowing for a unique flat delivery model and aggressive expansion into the market.

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