by PTI News | Mar 3, 2022 | 10:09 am | Corporate Action, News
New Delhi, Mar 3 (PTI) Bengaluru-based edtech firm Scaler has acquired online learning platform AppliedRoots for USD 50 million (about Rs 378 crore) to strengthen its course offerings for engineers. "We are delighted to welcome the AppliedRoots team to be part of the Scaler ecosystem. All the co-founders have extensive experience across software development, AI, [...]
by PTI News | Mar 3, 2022 | 10:05 am | Corporate Action, News
New Delhi, Mar 3 (PTI) Reliance Industries' subsidiary RSBVL and Sanmina Corporation on Thursday announced creation of an electronic manufacturing joint venture in India. Reliance Strategic Business Ventures Limited (RSBVL) will hold 50.1 per cent equity stake in the joint venture entity while Sanmina will have 49.9 per cent shareholding. RSBVL will achieve this ownership [...]
by PTI News | Mar 3, 2022 | 9:43 am | News, News Alert
RIL's subsidiary RSBVL to hold 50.1 pc stake, Sanmina to own 49.9 pc shareholding in joint venture: Statement. PTI MBI RAM
by PTI News | Mar 3, 2022 | 9:33 am | News, News Alert
RIL subsidiary and Sanmina form manufacturing joint venture in India to focus on hi-tech infrastructure hardware: Statement. PTI MBI RAM
by PTI News | Mar 3, 2022 | 9:06 am | Economy, News
Washington, Mar 3 (PTI) Seeking to comprehensively overhaul the H-1B and L-1 visa programmes, a bipartisan group of influential senators have introduced a legislation in the US Senate, which they argued will protect American workers and crack down on foreign outsourcing companies that exploit these popular visa programmes to deprive qualified Americans of high-skilled jobs.The [...]
by PTI News | Mar 3, 2022 | 12:49 am | News
Jamshedpur, Mar 2 (PTI) Tata Sons Chairman N Chandrasekaran on Wednesday initiated the first equipment trial for the upcoming cold rolling mill and pellet plant projects at Tata Steel facility in Kalinganagar in Odisha through the digital twin interface, a company statement said. This signifies the completion of a major milestone for the Kalinganagar expansion [...]
by PTI News | Mar 2, 2022 | 10:38 pm | News
Mumbai, Mar 2 (PTI) Telecom disputes appellate tribunal TDSAT has ruled the government cannot exempt state-owned companies from paying their share of Adjusted Gross Revenue (AGR) on the basis that they get only a small portion of their revenues from telecom-related services. The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) also said that an exemption [...]
by PTI News | Mar 2, 2022 | 10:36 pm | News
New Delhi, Mar 2 (PTI) The International Financial Services Centres Authority (IFSCA) on Wednesday invited public comments on the draft framework on sustainable and sustainability-linked lending by financial institutions in IFSCs. "The draft guidance framework intends to encourage the IFSC banking units (IBU) and finance companies/ finance units (FC/FUs) (undertaking lending activities from IFSCs) to [...]
by PTI News | Mar 2, 2022 | 9:53 pm | News
New Delhi, Mar 2 (PTI) IT company HCL Technologies on Wednesday announced opening of a centre of excellence in collaboration with IBM to jointly offer network modernisation technology to telecom companies. The centre is a virtual hub to develop offerings designed to help telco clients transform their networks, including telecom companies core, vRAN (virtualised radio [...]
by PTI News | Mar 2, 2022 | 9:48 pm | News
New Delhi, Mar 2 (PTI) The CBIC has reduced compliances required under the customs concessional duty rules and introduced end-to-end automation of the processes, an official statement said on Wednesday. The Customs (Import of Goods at Concessional Rate of Duty-IGCR) Rules, 2017 provide for procedural safeguards to ensure that the goods imported at a concessional [...]
