Outsourcing company Wipro has opened a digital product compliance lab in Hyderabad for automotive, defense, consumer electronics, aerospace, telecom, medical, energy and manufacturing. Wipro said it is now home to the only lab in South East Asia qualified to certify Wi-Fi and Bluetooth devices. Globally, devices have to comply with a variety of emission and […]
The Telecom Regulatory Authority of India, which recently come in for a lot of pummeling from the small cable operators for its new tariff rules, has now emerged as a savior of the same set of operators as it has dismissed government’s suggestion of fixing a ‘net worth’ requirement for cable feed providers. Ministry of […]
Hindustan Media Ventures Ltd, home to the Hindi language publications of HT Media Ltd, reported a sharp increase in its profit thanks to a substantial fall in its newsprint costs. The company’s net profit jumped to Rs 39.67 cr for the three months ended June, up from just Rs 13.20 cr in the same period […]
Close on the order for erection of turbine generator for the new units of Koodankulam Power Project, state-owned capital goods giant Bharat Heavy Electricals Limited (BHEL) said it has also won the order for erecting reactor side equipment for the same. Against a value of Rs 440 cr for the June order, this one is […]
Ajay Singh, Chairman of Spicejet and the man who came up with the slogan ‘Abki Bar Modi Sarkar’, today blasted the government’s approach towards the aviation sector. Speaking at the 12th International Conference-cum-Awards on Civil Aviation & Cargo by FICCI, Singh was unsparing in his criticism of government’s taxation policy towards his industry. “There is […]
The wait for the nationwide launch of Reliance Jio’s wired broadband service, Gigafiber, continued to drag on, with the company today saying that it has reached the ‘final stages’ of its beta testing for the service. The service has been available to test users in cities like Mumbai nearly three years now. “Ongoing beta trials […]
Gujarat-based cable feed provider and broadband operator GTPL Hathway said it will try to retain a higher share of what consumers pay every month, and is not currently looking to bring its broadband business under the Reliance Jio brand. In its cable feed business, GTPL retains only about Rs 30 out of the Rs 130 […]
Air India Express, the no frills airline that is part of the Air India family, was the only one to make money in the financial year gone by, while others lost between 3 paise to 2.88 rupees for every kilometer that their passengers traveled during the year. As expected, the biggest loser among the big […]
GTPL Hathway, one of the country’s largest cable feed providers and the biggest MSO in Gujarat, said it expects media regulator TRAI to make further changes to the TV tariff order introduced in February this year. Speaking to analysts after announcing the quarterly earnings of the cable feed provider, officials — including MD Aniruddhasinhji Jadega […]
ICICI Bank, one of India’s top three lenders, has emerged as the No.1 target of bank fraudsters last year in terms of the sheer number of such incidents, overtaking bigger rival State Bank of India. ICICI Bank reported 374 medium and large sized incidents of fraud, beating back SBI, which came in with 338 such […]
Finance ministry on Thursday gave detailed numbers to detail the efforts that the Narendra Modi government has been making to overcome the problems created by corruption and bad loans in India’s public sector banks. Finance Minister Nirmala Seetharaman pointed out that a review in 2015 found that a huge chunk of loans issued in previous […]
Brickwork Ratings has downgraded the credit rating of India’s largest telecom operator by subscribers, Vodafone Idea, due to the sharp shrinkage seen in the company’s user base in the last six months. The company’s subscriber base has fallen by a whopping 21% between September last year and March this year, going from 42.23 cr (422 […]
‘How to get a job’ may be the most pressing question for youngsters in India today, and going by PMKVY data, the best courses for getting a job today are electronics and hardware, apparel, retail, telecom and logistics. This insight is based on the placement and salary data collected by National Skill Development Corporation, the […]
Bharatiya Janaushadhi Pariyojana (BJP) will increase the number of medicines supplied via its outlets to 738 in the next two months, minister Sadananda Gowda said. At present, the scheme has only been able to source and supply only 713 medicines out of a targeted 900 due to a lack of interest among suppliers. Bharatiya Janaushadhi […]
TVS Motor Co has launched a unique bike that could play a part in reducing India’s dependence on oil imports — a two-wheeler that runs on ethanol produced from plants instead of petrol. The TVS Apache RTR 200 Fi E100 has been priced at Rs 1.2 lakhs ex-showroom, and will be available in Maharashtra, Uttar […]
Quess Corp, a provider of logistical, staffing and infrastructural solutions to businesses in India, said it has entered into an agreement with international e-commerce giant Amazon.com relating to investment in and operations of an electronics aftersales company. Though the finer details of the agreement were not revealed, the agreement could be aimed at diversifying the […]
The new TV tariff system introduced by TRAI, which gives channel owners the full power to price their channels, does not seem to have hurt the earnings of cable networks as much as feared. It was feared that because the pricing power over channels was taken away from distributors like cable and DTH operators and […]
Ministry of Civil Aviation, India said US airplane manufacturer Boeing is yet to submit a solution to enable its 737 Max aircraft to take to the skies again, and that the grounded aircraft will remain so until a certified fix is provided. A total of 18 Boeing 737 Max aircraft, comprising 13 of SpiceJet and […]
The Uttar Pradesh government has awarded compensation of Rs 951.44 cr for the acquisition of 1,238 hectares required for the construction of the new NOIDA airport at Jewar on the outskirts of Delhi, Union Civil Aviation Ministry said. The land for which compensation has been declared comes to 99.8% of the private land that has […]
Haryana, home to Gurgaon — the prosperous suburb of Delhi — has emerged as the unlikely champion of e-commerce in India, beating back heavyweights such as Mumbai, Bangalore and Delhi. According to tax numbers — which reflect all e-commerce transactions for which payment is made online — Haryana accounted for a whopping 19.29% of all […]
