Advertisements Oracle Corp has started to lay off employees in the United States, The Information said on Monday, citing a person with direct knowledge of the matter. The publication in July reported that Oracle was considering cutting thousands of jobs… Read More ›
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See Industry Investing INR 2 Tn INR 3 Tn In Two Years: Telecom Minister
Advertisements India’s telecom industry is likely to see an investment of Rs 2-3 trillion in the next two years as reforms by the government have removed uncertainty and risks, and provided a stable investment regime, Communications Minister Ashwini Vaishnaw said… Read More ›
Adani Enters Industrial 5G Space
Advertisements Adani Data Networks Ltd (ADNL), the digital connectivity solutions arm of the Adani Group, has acquired the right to use 400MHz of spectrum in the 26GHz millimetre wave band. ADNL secured this spectrum for 20 years in the first-ever… Read More ›
Rupee Rises 13 Paise To 79.11 Against US Dollar In Early Trade
Advertisements The rupee strengthened by 13 paise to 79.11 against the US dollar in opening trade on Monday. Forex traders said the rupee opened stronger as the dollar continued to fall on account of a less aggressive US Fed and… Read More ›
5G Spectrum Auction Extends To Day 3; Govt Receives INR 1.49 Tn Bids So Far
Advertisements India’s first 5G auction on Wednesday received bids worth Rs 1.49 trillion on day two, as aggressive bidding across bands by players like Reliance Jio and Bharti Airtel pushed the sale over to the third day. As many as… Read More ›
Ather Energy, Ola Electric See Sharp Drop In EV Two-Wheeler Sales In July, While Hero Electric Overtakes Both
Advertisements Hero Electric has overtaken Okinawa Autotech, Ola Electric and Ather Energy in selling maximum number of EV two-wheelers in the month of July, while Ather Energy and Ola Electric are suffering biggest drop as customers delay purchasing EVs amid… Read More ›
Rupee Rises 15 Paise To Close At 79.76 Against US Dollar
Advertisements The Indian rupee appreciated 15 paise to close at 79.76 against the US dollar on Thursday on hopes of a slower pace of rate hike by the US Fed in the coming months and firm domestic equities. At the… Read More ›
Industry Upbeat On Nearly INR 1.5 lakh Cr Worth Bids For 5G Spectrum
Advertisements Industry leaders on Thursday hailed the ongoing 5G spectrum auction that has touched nearly Rs 1.5 lakh crore in just two days of bidding, saying it is a watershed moment for the country and its communication and information services…. Read More ›
Manufacturing Sector Gets USD 21 Bn FDI In FY22, Increases By 76 Percent YoY
Advertisements The manufacturing sector attracted foreign direct investments worth USD 21.34 billion in 2021-22, an increase of 76 per cent year-on-year, the commerce ministry said on Thursday. It said the government has implemented several reforms under the FDI policy regime… Read More ›
IMF Slashes Global Growth Forecast For The Next 18 Months
Advertisements The International Monetary Fund has slashed its growth forecasts for the next 18 months after warning that the world’s three biggest economies are all stalling, The Guardian reported. In a downbeat update to its April World Economic Outlook (WEO),… Read More ›