Industry
Govt pushes for 100% local content in telecom equipment manufacturing
Currently, players like Nokia and Ericsson are making telecom equipment in India but the local content addition is around 40%. The government wants it to increase it to 100%.
Flipkart looks to re-apply for food retail licence
The government has rejected Walmart-backed Flipkart’s proposal to enter the food retail business citing regulatory issues, according to media reports.
Enterprises need digital leadership, innovation to support growth more than ever: Sanjay Jalona, CEO, LTI
"Digital now contributes nearly 41% of our business, and we are confident that the demand for exponential technologies will continue to grow, even in stronger pace, in the post-pandemic world," says S
MakeMyTrip lays off 350 employees due to COVID-19 impact
It is evident that the pandemic has changed the context and viability of some of business lines in its current form, the mail said.
Extension of moratorium on loan repayments credit negative to NBFIs: Moody’s
The moratorium on customer loan repayments, initially effective from 1 March, has led to a significant decline in cash inflows and adversely impacted the liquidity of NBFIs.
Uday Kotak to sell 2.83% stake in Kotak Mahindra Bank; sale to fetch over Rs 6,800 cr
The stake sale would help bring down his stake in the country's fourth largest private sector lender to the RBI-mandated 26 per cent.
Hackers claim BHIM users’ data vulnerable; NPCI says no data compromise at app
The group also said that an Indian government website focused on pushing adoption of BHIM has exposed data of millions of users to potential fraud.
MSMEs call govt’s decision for funding NPA accounts historic; hail approval to revised definition
Ease of Doing Business for MSMEs: MSME Minister Nitin Gadkari in a press briefing announced the Cabinet approval to the revision in the changed definition of medium enterprises along with a distressed
Government to drop plant evaluation clause to ease shifting of mobile factories to India
The Ministry of Electronics and IT (Meity) wants to go full throttle to capitalise on sentiments of the US, Japan, Taiwan and other nations looking to shift their companies' base out of China amid the
Bank lending targets under Rs 20 trillion stimulus unfeasible, says Former RBI governor R Gandhi
Additionally, there are other segments of the economy as well which are in need of credit, Gandhi said, adding that the same number will be over and above the Rs 7.9 lakh crore.
Furloughed OYO employees become shareholders; Ritesh Agarwal’s Rs 130 crore plan for laid-off staff
Thousands of furloughed employees of Ritesh Agarwal’s hospitality firm OYO will be granted ESOPs as the company looks to minimise the disruptions being experienced by employees hit by the coronaviru
Microfinance should come out of the Covid 19 pall
Provisioning will need to be made for credit losses, but the sector is focussed on a double bottomline with financial and social objectives. The government front-footing liquidity through loans as a m
Cabinet gives nod to fund for reviving NPA accounts in MSMEs; to provide this much credit guarantee
Credit and Finance for MSMEs: The government will provide Rs 4,000 crore support to the CGTMSE, which will give partial credit guarantee support to banks, to lend to MSMEs.
Cabinet approves revision in MSME definition, Rs 50,000 crore equity infusion scheme
Credit and Finance for MSMEs: Cabinet has also approved the Rs 50,000 crore equity scheme for MSMEs, which was announced by the Finance Minister Nirmala Sitharaman, with a corpus of Rs 10,000.
CERT-In has an important advisory for Android users; details inside
This vulnerability is present only in those Android phones which are not updated to Android 10.
Xiaomi to launch its first Mi-branded laptop in India on June 11, says it’s a new made for India product
Xiaomi India head Manu Kumar Jain has highlighted three key pointers about the soon-to-launch Mi Notebook.
App that lets you find and delete made in China apps on Android phones goes viral in India
The app has received mostly positive feedback on the Google Play Store, with a 4.8 average. OneTouch AppLabs website also states the organization offers services in the development of Android and iOS
‘Unless India substantively changes way business is done, MSMEs can’t capitalise on China opportunity’
Ease of Doing Business for MSMEs: It is almost unimaginable to an average businessman in our country that in many other countries such as the US, you can start a business, run it efficiently, get into
Godrej Properties sees strong sales this year despite COVID-19; cash flow may pose challenges
Godrej Properties has been witnessing 10-15 per cent sales bookings by NRIs through digital route, Godrej said, adding that this experience helped the company a lot during this lockdown period.
Paytm Mall plans new tech jobs in Bengaluru, set to hire 300 people; trims losses by this much
Bucking the trend of hiring freeze and layoffs, Paytm Mall, the online shopping platform of the payment application Paytm, has announced it plans to hire 300 new members for product & technology roles
Robot uprising begins? Microsoft fires journalists, replaces them with AI
The team working on the Microsoft website did not publish original stories but instead exercised editorial control, choosing articles created by other news outlets and, where necessary, editing materi
Flipkart’s foray into food retail hits regulatory roadblock as DPIIT rejects application
Flipkart had last year registered FarmerMart – a separate entity to foray into the retail trading of food products, manufactured and produced in India, through offline and online distribution and ot
Government of India bans WeTransfer file sharing website in the interest of national security
The Government of India has ordered internet service providers (ISP) to ban three “specific” website URLs in the country, all belonging to WeTransfer.
Dell Latitude 9510 launched in India: Decoding world’s most intelligent 5G-ready business laptop
Dell claims the Latitude 9510 is the world’s most intelligent business laptop. It claims it's the most secure too.
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Most Read
- GST Council to discuss waiver of late fee for August 2017 to January 2020
- Uday Kotak to sell 2.83% stake in Kotak Mahindra Bank; sale to fetch over Rs 6,800 cr
- Government extends validity of scrips under export incentives schemes for exporters
- Moody’s cuts India’s rating to lowest investment grade, three key factors that knocked India's position
- Hackers claim BHIM users' data vulnerable; NPCI says no data compromise at app
- Enhancement of turnover limit of MSME sector to help exporters
- CNG price in Delhi hiked by Re 1 per kg
- 'Amethi MP Missing' poster: Smriti Irani questions Sonia Gandhi in scathing reply to Mahila Congress' barbs
- Cabinet decisions will bring positive changes in lives of farmers, labourers, workers: PM Narendra Modi
- MSMEs call govt's decision for funding NPA accounts historic; hail approval to revised definition
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Budget 2020
- Torrent: Cut to ‘reduce’, revise fair value to Rs 2,350 a share
- Budget 2020 hasn't violated fiscal discipline: FM Sitharaman
- Budget 2020 was disappointing for lacking vision; but fiscal, taxation measures welcome: EAC-PM member Ashima Goyal
- Budget 2020: FM Nirmala Sitharaman says govt willing to do more beyond Union Budget to boost growth
- Budget 2020: FM says green shoots of recovery visible, points at worse macro-economic fundamentals under UPA
- Budget and the economy: What can we expect after this Budget?
- Budget 2020: FM Sitharaman takes on P Chidambaram over defence budget allocation
- Budget 2020 proposals on DDT, personal tax not to impact MF industry: Franklin Templeton
- Budget 2020: Chidambaram slams Modi govt; says economy close to collapse, unemployment making India poorer
- Budget 2020: How ESOP tax changes will benefit start-up employees
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