COAI shares key priorities for telecom sector’s robust growth
New Delhi, June 12 - The Cellular Operators' Association of India (COAI) on Wednesday shared key priorities for the telecom industry that it wishes the government to address and help the sector achieve its goals.
Corporate Infotech bags Rs 114 crore project with Indian Oil for IT infra maintenance
New Delhi, June 12 - IT Solutions Provider Corporate Infotech Pvt Ltd (CIPL) on Wednesday said it has secured a three-year contract worth Rs 114 crore from the Indian Oil Corporation Limited (IOCL) for the comprehensive annual maintenance of IT infrastructure across all
Modi 3.0: Top industry chambers gear up for next phase of developmental journey
New Delhi, June 12 - The entire ecosystem of industry, trade and financial markets is re-energised with the beginning of the new government amid policy continuity, top trade and industry chambers have said.
Real estate and construction stocks jump after announcement of 3 crore houses under PMAY
Mumbai, June 12 - Real estate and construction sector shares were trading in the green on Wednesday after Prime Minister Narendra Modi’s new cabinet announced the construction of 3 crore additional houses in rural and urban areas under the Pradhan Mantri Awas Yojana
Exports from SEZs surge 4 pc to reach over $163 billion
New Delhi, June 12 - As the Centre considers several measures to empower special economic zones (SEZs), the exports from these special hubs zoomed up 4 per cent in 2023-24 to reach $163.69 billion.
Govt’s push on Infra and manufacturing to continue: Vikas Khemani
New Delhi, June 12 - Vikas Khemani, Founder of Carnelian Asset Management, on Wednesday, said that the government policies have remained focused on infra and manufacturing reform after the coalition government was formed at the Centre.
Communication, analytical most in-demand soft skills in India’s BFSI sector: Report
New Delhi, June 12 - Communication skills (27 per cent), English proficiency (10 per cent), and analytical skills (8 per cent) are the most in-demand soft skills in India's Banking, Financial Services, and Insurance (BFSI) sector, a new report revealed on Wednesday.
Indian tyre exports bounce back in second half of 2023-24
New Delhi, June 12 - India’s tyre exports surged in the second half of 2023-24 to touch the Rs 23,073 crore mark for the full financial year, to match the figure for the previous year, according to a statement issued by the Automotive
Domestic auto industry optimistic of steady growth in FY25: SIAM
New Delhi, June 12 - With emphasis on economic development amid policy continuity by the new government, the auto industry is optimistic of steady growth in 2024-25,” according to the Society of Indian Automobile Manufacturers (SIAM).
SBI to raise $3 billion through long-term debt
Mumbai, June 12 - State Bank of India (SBI) plans to raise up to $3 billion through long-term debt in the current financial year (2024-25), according to a stock exchange filing by the country’s largest bank.
Starlink is now present in 100 countries, says Elon Musk
New Delhi, June 12 - Starlink, the satellite internet service, is now present in 100 countries, said SpaceX CEO Elon Musk on Wednesday.
Apple exports iPhones worth over Rs 16,500 crore from India in April-May
New Delhi, June 12 - Buoyed by the production-linked incentive (PLI) scheme of the Prime Minister Narendra Modi-led government, Apple has managed to export iPhones worth more than Rs 16,500 crore (nearly $2 billion) in the first two months of the ongoing financial
Regulator opens review of Synopsys’ $35 billion acquisition of Ansys
Seoul, June 12 - South Korea's antitrust regulator said on Wednesday that it has launched a review of chip design software giant Synopsys’ proposed acquisition of engineering software firm Ansys.
Karnataka’s Min for IT/BT Kharge launches new scale-up programme for startups in California
Bengaluru, June 12 - Priyank Kharge, Karnataka’s Minister for IT/BT, announced ‘Hypergrowth Global Karnataka’, a global late-stage scaling programme at London Tech Week, stated an official release on Wednesday. Minister Kharge made the announcement at the event in San Francisco, California, last evening.
Elon Musk’s X begins hiding all likes for users
New Delhi, June 12 - Elon Musk on Wednesday confirmed the roll out of a new feature that will hide all likes by default for X users.
Piyush Goyal looks to build on PLI scheme, boost exports in 2nd term as Commerce Minister
New Delhi, June 11 - Union Commerce and Industry Minister Piyush Goyal on Tuesday told officials of his ministry that the government needs to build on the success of the past initiatives such as the productivity-linked incentive (PLI) scheme and the recent foreign
Electronics & IT industry welcomes Union Minister Ashwini Vaishnaw, MoS Jitin Prasada
New Delhi, June 11 - The IT and electronics industry on Tuesday welcomed Union Minister Ashwini Vaishnaw and Minister of State Jitin Prasada assuming charge of their ministries, saying it will accelerate India's journey towards becoming a global leader in semiconductors and electronics.
COAI announces new leadership, Abhijit Kishore appointed Chairperson
New Delhi, June 11 - Cellular Operators' Association of India (COAI), the apex industry association representing leading telecom, internet, technology, and digital services companies, on Tuesday announced its new leadership for the term 2024-25, effective June 2024.
TCS launches new Internet of Things engineering lab in the US
New Delhi, June 11 - Tata Consultancy Services (TCS) on Tuesday announced the launch of a new Internet of Things (IoT) engineering lab in the US to assist clients in developing innovative solutions more efficiently.
India to remain fastest-growing economy, to log 6.7 pc GDP growth in next 3 years: World Bank
New Delhi, June 12 - Driven by strong domestic demand, surge in investment and robust services activity, India will remain the fastest growing economy in the world, clocking a steady growth of 6.7 per cent for the next three fiscal years, the World