Industry

Dharmendra Pradhan urges steel industry to be competitive, improve quality of products

"The industry has to mark its place in the world, by being more competitive, improving the quality, and undertaking more exports," the statement quoted the minister as saying.

Dharmendra Pradhan, steel industry, competitive, improve quality, steel product, industry news, raw materials, free trade agreements, taxation, mining contracts, india news

Reliance Capital gets robust response from investors for third OFS of 6.31% stake in RNAM

Reliance Capital, which is one of the promoters of RNAM, has sold 17.06 per cent of its shareholding in RNAM in three successive offers aggregating over Rs 2,480 crore. 

Reliance Capital, RNAM, Reliance Nippon Life, reliance rnam, Nippon Life Insurance  News

RBI proposes Rs 200 crore minimum capital for small banks under ‘on tap’ licence regime

A small finance bank is primarily set up to undertake basic banking activities of acceptance of deposits and lending to unserved and underserved sections, including small business units, small and mar

RBI, capital, small bank, banking news, finance news, industry news, foreign direct investment, FDI, Reserve Bank of India News

Realme XT launched in India — check prices, features, specifications

It is a dual sim smartphone along with two memory card slots. Realme XT sports the Gorilla Glass 5 on both sides of the smartphone.

Industry News

World Bank to sanction Rs 3,000 crore for food parks: Govt

The government is trying its best to double the income of farmers and is laying lot of focus on mega and mini food parks.

Industry News

Infibeam Avenues’ new growth plan; firm to demerge SME E-commerce Service, marketplace biz

As per a regulatory filing, the restructuring will allow the management of each of the resulting companies to pursue independent growth strategies in markets, and create enhanced value for shareholder

Infibeam Avenues, growth plan, SME, E commerce Service, marketplace, DRC , industry news, E commercebusiness News

Ravi Shankar Prasad to meet electronics industry CEOs to discuss sector issues, export ambitions

The meeting called by Minister for Electronics and IT Ravi Shankar Prasad is expected to see participation of leading players like Vivo, Oppo, Qualcomm, Xiaomi, Dell, HP, Bosch, Cisco, Flextronics, Fo

Ravi Shankar Prasad, electronics industry, CEO, export industry,Vivo, Oppo, Qualcomm, Xiaomi, Dell, HP, Bosch, Cisco, Flextronics, Foxconn, Nokia, LG, Panasonic, telecom, LED lighting News

Adani Power arm REGL to supply 295 MW to Tamil Nadu, Telangana under power ministry’s scheme

NHPC was an aggregator for Pilot Scheme-II of the power ministry. REGL will be required to sign an Agreement for Procurement of Power with NHPC under Pilot Scheme-II, after requisite approvals by dist

Adani Power, REGL, Tamil Nadu, Telangana, power ministry scheme, Korba West Power Company, industry news

Amazon, Flipkart festival sales: Traders cry foul, ask for blanket ban on deep online discounts

Amazon and Flipkart festive season sales have come under fire again, with India’s top traders’ body seeking a blanket ban on the upcoming season of deep online discounts by e-commerce firms.

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PSU Bank merger: Canara Bank board approves merger with Syndicate Bank; key things to know

Canara Bank board on Friday gave in-principle approval to its merger with Syndicate Bank.

As per the announcement, Syndicate Bank will merge with Canara Bank News

Indian pharmaceuticals exports may touch $22 bn in FY ’20: Pharmexcil

In July 2019, Indian exports recorded 21.7 per cent growth to 1.72 billion (total exports from April to July this year was at USD 6.17 billion), he said. The cumulative growth of Indian exports for th

Indian pharmaceutical, pharma export, Pharmexcil, pharma industry, india news, industry news, indian pharma market News

India on top: The country is largest market for WhatsApp by far with 34 crore users

The Facebook-owned messaging platform's popularity has grown rapidly in India in the last few years.

Industry News

Google will now promote original reporting with algorithm change

Explaining some of the changes in a blog post, Google's vice president of news Richard Gingras said stories that were critically important and labor intensive -- requiring experienced investigative sk

Google, promote original reporting, algorithm, change, industry news,  News

SpiceJet’s Boeing trouble to end soon: MAX will be fit to fly by November

While Boeing’s MAX aircraft remains grounded worldwide, the plane is likely to come out of its exile by November 2019, ending the troubles of domestic carrier SpiceJet.

spicejet MUMBAI AIRPORT News

County group to invest Rs 300 cr for housing project in Greater Noida

ABA Corp has so far completed four housing projects and is constructing one project. "Some of the promoters of ABA Corp have formed another company named County group.

County group, housing project, Greater Noida, real estate, industry news

Clash of the titans: Google Photos takes on Instagram Stories with Memories tool

The app was developed by Kevin Systrom and Mike Kreiger and was only available for iOS users.

Industry News

Citizen focus: Honeywell powers India’s Smart City projects

Advanced technologies help Faridabad and Aurangabad cities run more effectively while improving quality of life for citizens.

Akshay Bellare, president of Honeywell India News

This RBI move leaves more money for banks to lend to consumers ahead of festive season

Reserve Bank of India’s move to reduce risk weightage requirement for consumer loans may provide a boost to consumer lending and spending.

rbi, RBI, risk weight, consumer credit, credit card, home loan, personal loan News

Let us sell water bottles: Industry asks not to put single-use plastic ban on small PET bottles

As the government has waged a war against single-use plastic bottles, various industry leaders have sought the removal of the proposed ban on PET water bottles of 200 ml and less, which they claim are

Food and consumer affairs minister Ram Vilas Paswan favours a ban on plastics, but admits that no concrete alternative of packaged drinking water is available now News

Zomato suspends Infinity Dining after row with hotels; no date for revival on cards yet

Months after food aggregator Zomato launched its paid subscription program Infinity Dining, the company has suspended the same for an indefinite time following a row with NRAI.

The 541 people form about 10% of Zomato’s employee strength across the support teams, the company said News

RBI increases banks’ loan exposure limit to single NBFC

According to the extant 'Large Exposures Framework (LEF)', banks' exposure to a single non-banking financial company (NBFC) is restricted to 15 per cent of their available eligible capital base, while

RBI, bank loan exposure limit, NBFC, IL&FS Group, banking sector, credit supply News

Responsible use of data can further innovation driven profitability, growth in India: Report

The report, jointly released by Omidyar Network India and Monitor Deloitte, also highlighted that personal data proliferation means that behavioral data is used to create detailed personal profiles bu

innovation, india Data Economy, data privacy, Omidyar Network India, data usage News

India to have world’s largest app developers base by 2024

A report by PPI reveals that India has 1.674 million app economy jobs as on August 2019, a growth of 39% from 1.208 million in 2016.

India, app developers, app developers base, Progressive Policy Institute, PPT india, largest developer population centre News

A look at the blurring lines between offline and online retail

Businesses that want to stay competitive are adopting a phygital model to address these demands through the holistic integration of offline and online retail.

offline retail, onlline retail, experience sells, retail experiences, virtual reality News

It’s exciting to be part of one of the fastest-growing companies: Madhav Sheth, CEO, Realme India

As tough taskmasters, challenges have a way of helping us expand the horizons of what we believe to be possible, and put our creativity to the best use while navigating around a tense situation.

Madhav Sheth, Realme India, growing companies, tough taskmasters, challenges, branwagon News

ShareChat open for monetisation, says chief business officer Sunil Kamath

Apps like Instagram are largely reaching the first 150-200 million users. We are going after mass market users who consume content in regional languages.

Sunil Kamath, ShareChat, social media, social media platform, Venkata Susmita Biswas, Sunil Kamath News

All banks on equal footing in amalgamation plan: Sunil Mehta, MD & CEO, PNB

The government, under the decisions taken under the alternative mechanism, has announced in-principle approval for the merger process of 10 banks in which PNB is one of the anchor banks.

amalgamation plan, Sunil Mehta, PNB, Punjab National Bank, annual general meeting, Indian Banks’ Association News
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