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Home  Business

Business

COAI says telecom industry financially stressed; seeks govt support

COAI says telecom industry financially stressed; seeks govt support

  • Fund raising via equity issues jumps 116% in 2020

    Including Rs 7,485 crore bond issuance, the total capital raising stood at Rs 1,84,953 crore, according to the report.
  • ‘Planned programmes under Year of AI completed’

    “Although Covid-19 did act as a deterrent, but we have been able to achieve all the programmes planned for 2020 Year of AI,” Ranjan said.
  • Stock markets scale new heights on positive global cues

    Sensex settled up by 380.21 points or 0.81 per cent at its all-time closing high of 47,353.75
  • Rupee settles 6 paise higher at 73.49 against US dollar

    At the interbank forex market, the domestic unit opened at 73.52 against the US dollar and witnessed an intra-day high of 73.47 and a low of 73.61
  • ICICI Bank joins hands with Google Pay for issuing FASTag

    This collaboration enables Google Pay users to order, track and even recharge ICICI Bank FASTag digitally on the payments platform itself.
  • Air India employees seek status quo on benefits post privatisation

    Earlier, the Indian Pilots' Guild and Indian Commercial Pilots Association had directed Air India pilots not to give any extension on "Flight Time", "Flight Duty Time" or "Landing" till further notice.
  • Gold, silver futures rise as Trump signs Covid relief package

    The February contract of gold on the MCX is currently trading at Rs 50,318 per 10 gram, higher by Rs 245 or 0.49 per cent from its previous close.
  • Hexagon opens AI community centre in Hyderabad

    The centre will cover more than 350 students every year across multiple batches and has been established at a cost of Rs 64 lakh
  • Sensex, Nifty race to new peaks in early deals

    Sensex rose 361.93 points or 0.77 per cent to touch an all-time high of 47,335.47 in morning trade; and the broader NSE Nifty climbed 110.55 points
  • ‘Virtual hiring to continue across sectors in 2021’

    According to Indeed, a leading job site, while June saw 51 per cent dip in hiring, the month of November witnessed 18 per cent more job creation
  • Study abroad: Brace for new normal

    “Many countries are opening their borders for international students and implementing immigration-friendly policies to support this upward trend", says Ramananda S G
  • Generic Aadhaar to empower pharmacies, ensure affordability

    Founded by 18-year-old Arjun Deshpande two years back, Generic Aadhaar has introduced its generic model with hundreds of stores across India
  • LogisticsNow to go multi-modal

    Plans to foray into rail and coastal shipping, moving beyond road transport
  • Mobile makers may miss target under PLI scheme

    The companies include iPhone maker Apple's contract manufacturers Foxconn Hon Hai, Wistron, and Pegatron, apart from Samsung and Rising Star.
  • L&T plans to hire 1,100 engineers across business verticals in 2021

    The company, through its ongoing virtual hiring process, has already made around 250 offers in the recent hiring season at premium education institutes
  • ‘Reduction in cess to go long way in expanding luxury car segment in India’

    The automaker, which remains cautiously optimistic about its sales outlook in the country next year, noted that reduction in cess would help the luxury car segment in India attain critical mass in terms of volumes.
  • Prices of TV and appliances likely to go up by around 10% from January

    Besides, prices of TV panels (Opencell) have also gone up by over two-folds due to short supply by the global vendors, while cost of plastic has also gone up due to rise in crude oil prices, said manufacturers. 
  • MSMEs not to be affected by mandatory 1 pc cash GST payment rule

    CBIC had last week amended rules to make it mandatory for businesses with monthly turnover of over Rs 50 lakh to pay at least 1 per cent of their GST liability in cash.
  • Six of top-10 valued firms add Rs 60,198 cr; Infosys, TCS biggest gainers

    Reliance Industries Ltd (RIL), TCS, Hindustan Unilever Ltd (HUL), Infosys, Kotak Mahindra Bank and Bharti Airtel were the six winners on the top-10 chart
  • Round-the-clock money transfers now possible

    Now, they all are available round-the-clock with RTGS getting offered 24/7 in the second week of December.
  • OneBasket to raise funds by early 2021

    Full-stack supply chain platform uses AI and ML to trace and grade food grains for farmers
  • Sustainable streetwear brand from Hyderabad

    Coming from a family that has been into the garment segment for more than three decades, this 22-year-old observed how fashion was negatively impacting the environment and wanted to do something about it.
  • Govt offers discount to subscribers of gold bond scheme using digital mode

    The issue price of the bond in the scheme which opens on December 28 is Rs 5,000 per gram.
  • Rupee to end 2020 on a bullish note

    On the other hand, India's forex reserves continued to rise, indicating, an active Reserve Bank which has kept rupee in a check, to make exports competitive.
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