Industry

For sale: SAIL, NBCC, fertiliser CPSEs on govt’s list for privatisation

Other CPSEs likely to be on the first list are Madras Fertilizers and National Fertilizers, an official source said.
Govt’s list for privatisation

India beats global average in fintech adoption: FM Nirmala Sitharaman

The value of digital transactions in India jumped to Rs 6 lakh crore in January-August 2021 from Rs 4 lakh crore in the entire 2020 and Rs 2 lakh crore in 2019, she said.

The report highlights the need for the participation of women in the fintech space.

e-Shram: Over two crore unorgansied sector workers register on portal so far

“Over two crore unorganised workers have registered on e-Shram. The greater the number of registered workers, the easier it will be to ensure benefits of welfare schemes reach them,” labour minist

e-Shram: Over two crore unorgansied sector workers register on portal so far

SC rejects Adani Gas plea for gas distribution right in parts of Gujarat

With this ruling, the apex court has also upheld the Gujarat High Court’s September 2018 judgment that paved the way for the supply of natural gas as a clean and green fuel in the three areas of out

Therefore Section 16 of the PNGRB Act did not create an artificial distinction between entities authorized by the Central Government and other entities, it added.

Cybersecurity: Small businesses reel under new high-tech attacks

Cyber attacks cost over Rs 3.5 crore for two in three Indian SMBs in the past year, says Cisco

Data mining: Deriving value from data

Infosys wants to double down on data and analytics as the industry adapts to the changing ways of decision-making based on enterprise data

This kind of speed and accuracy is enabled only by the power of AI,” says Satish.

Muthoot Finance launches AI-powered virtual assistant

Available on the website and mobile app, the intelligent assistant enables users to apply for loans, address concerns, and perform transactions like checking account balance, paying gold loan interest

Customers can chat or speak with the virtual assistant in English and Hindi. The virtual assistant is also available on WhatsApp.

NCLT to hear plea on approval of Suraksha’s bid for Jaypee Infratech on October 26

A successful resolution of JIL will provide a big relief to over 20,000 homebuyers across various housing projects launched by the realty developer in Noida and Greater Noida (Uttar Pradesh).

Jaypee

Champions portal: MSMEs’ grievance redressal up 38% since Jan; this many complaints resolved so far

Technology for MSMEs: Launched by PM Modi last year, the portal allows MSME associations, units, employees, and aspiring entrepreneurs, etc. to file complaints, share suggestions or seek information o

how to do msme udyam registration and know about its benefits and for whom this scheme

Essar Oil UK agrees phased payment plan with UK tax authorities

The company, which runs the Stanlow refinery at Ellesmere Port in Cheshire, north-west England, had hit some UK media headlines for overdue VAT payments, threatening the future of the refinery.

essar oil

Facebook earmarks $50mn investment to build metaverse responsibly

Metaverse - according to the social media giant - is a set of virtual spaces where people can create and explore with others, who aren’t in the same physical space as them. People will be able to ha

Facebook

Future gets NCLT go-ahead to conduct shareholders meeting for deal with Reliance: Sources

A Mumbai-based two-member NCLT bench comprising Suchitra Kanuparthi and Chandra Bhan Singh dismissed the application filed by e-commerce major Amazon opposing the scheme of merger of the Future group

The NCLT also pointed out that the Supreme Court had only restrained it from pronouncing the final order approving the scheme, according to the sources.

Jabra launches Elite 7 Pro, Elite 7 Active, Elite 3, Elite 2 TWS earbuds in India: Price, Features

Some of the features present in the Earphones are Jabra MultiSensor Voice technology and active noise cancellation (ANC), IP57-rated dust- and water-resistant built depending on variant

Jabra Elite 7 Pro, Elite 7 Active, Elite 3, Elite 2 TWS Earphones, Jabra earphone features, Jabra elite earphones price

Jio introduces cashback offers on select prepaid recharge plans ahead of festive season, details inside

The offer that comes just ahead of the festival season is on recharge of Rs. 249, Rs. 555, and Rs. 599 prepaid plans that come with 84 days validity.

About time: How Fossil made smartwatches look good and why the Samsung-Google partnership doesn’t bother it

Fossil is launching its next-gen smartwatch—the Gen 6—in India at the same time as global markets. Something like this has never happened before.

Fossil Gen 6, Fossil Gen 6 launch, Fossil Gen 6 price, Fossil Gen 6 specs, Fossil Gen 6 features, Fossil, Samsung, Google

Covid horror: Thousands of micro, small businesses in India are on sale right now

Ease of Doing Business for MSMEs: The reasons for sale spanned across issues related to credit, supply chain, apart from relocation, new business launch, competition, lack of customers, and more.

August retail sales touch 88% of pre-pandemic level: Survey

Data privacy should not be compromised in using fintech: FM

During the event, a report on 'UN principles for responsible digital payments' was launched which outlines guiding principles for the government, users and for industry and businesses.

finance ministry, data privacy, Global FinTech Fest 2021'., UN principles for responsible digital payments' , digital trannsactions

Solar open access installation rises nearly seven-fold in April-June: Report

Solar open access installations in India increased nearly seven-fold to 209 MW in the second quarter of 2021 from 27 MW a year ago.

Capital Float raises USD 50 mn funding from Lightrock India, others

The funds raised will be used to strengthen and scale Capital Float's BNPL (Buy-Now-Pay-Later) platform and expand its partner ecosystem, it added.

Fintech major Capital Float , Lightrock India, strengthen and scale Capital Float's BNPL, MakeMyTrip, Unacademy, and Boat, Amazon

Flight crew, air traffic controllers to be tested for drugs from Jan 31 next year: DGCA

Airlines and air navigation service providers will have to carry out random drug-testing of at least 10 per cent of the flight crew members and air traffic controllers employed by them every year

Flight crew members, traffic controllers, random drug-testing, psychoactive substances, cannabis and cocaine, aviation regulator DGCA,

With WhatsApp, even smallest enterprise can provide world-class digital experience: Abhijit Bose

Technology for MSMEs: During a company event on Tuesday, WhatsApp India Head Abhijit Bose said WhatsApp’s aim to achieve ‘inclusive banking’ via the API platform by replicating successful mobile

WhatsApp

Only manufaturing firms registered in India to be eligible under Rs 10,683-cr PLI scheme for textiles sector

Notifying the scheme, the ministry also said that participating companies will have to undertake processing and operation activities in their own factory premises.

textile sector

Higher mobility scores in Hyderabad, Pune drives business resumption activity index to new high

The Nomura India Business Resumption Index (NIBRI), which compared activity for a particular week against the pre-pandemic level of March 2020, came at 105 for the week ended Sunday, as against 100.5

business activity

Microsoft CEO says failed TikTok deal ‘strangest thing I’ve worked on’

TikTok had been ordered by then-U.S. President Donald Trump to separate its U.S. version from Chinese parent ByteDance because of national security concerns about the collection of U.S. users' data.

satya nadella
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