by PTI News | Feb 9, 2022 | 12:48 am | News
Johannesburg, Feb 8 (PTI) South African President Cyril Ramaphosa’s hopes of the country becoming a major producer of mobile phones for Africa have been dashed with the closure of a state-of-the-art manufacturing facility owned by a Rwanda-based Indian-origin entrepreneur. In October 2019, the Mara facility in Durban’s Special Economic Zone was launched by Ramaphosa, who [...]
by PTI News | Feb 8, 2022 | 11:04 pm | News
Sitharaman, Jaishankar, Ambani to address Asia Economic Dialogue Mumbai, Feb 8 (PTI) Union Finance Minister Nirmala Sitharaman, External Affairs Minister S Jaishankar and richest Indian Mukesh Ambani will be among the speakers at the three-day Asia Economic Dialogue starting February 23. The theme of the annual event, organised by the Ministry of External Affairs and [...]
by PTI News | Feb 8, 2022 | 10:54 pm | News
New Delhi, Feb 8 (PTI) Tata Communications on Tuesday said that Eclat Media Group has selected the company to support expansion of sports content broadcasting to viewers across Asian countries, including Indonesia, Philippines, Malaysia, Singapore, and Thailand. The agreement powers Eclat Media Group's newly launched channels, SPOTV and SPOTV2. It is our pleasure to have [...]
by PTI News | Feb 8, 2022 | 10:45 pm | News
New Delhi, Feb 8 (PTI) Japanese automaker Suzuki Motor Corporation on Tuesday regretted "the hurt to sentiments" in India caused by unauthorised social media posts of its Pakistani dealers and business associates supporting separatists in Kashmir. The company, whose arm Maruti Suzuki is the largest passenger vehicles maker in India, asserted that it does not [...]
by PTI News | Feb 8, 2022 | 10:44 pm | News
New Delhi, Feb 8 (PTI) ICICI Bank's shareholding in Fino PayTech (Fino) -- the promoter of Fino Payments Bank (Fino Bank) -- rose to 7.4 per cent post conversion of 40 lakh convertible warrants of Fino into equity, the bank said on Tuesday. ICICI Bank had 4.6 per cent shareholding (based on voting rights) in [...]
by PTI News | Feb 8, 2022 | 10:40 pm | News
New Delhi, Jan 8 (PTI) Accusing the earlier Congress government of bleeding the state-owned BSNL to "death almost", Finance Minister Nirmala Sitharaman on Tuesday said Modi government is giving money to the company to buy 4G spectrum and become competitive. She was responding to allegations of Shiv Sena member Arvind Sawant in Lok Sabha that [...]
by PTI News | Feb 8, 2022 | 10:35 pm | Economy, News
New Delhi, Feb 8 (PTI) Telecom operators and satellite players remained sharply divided at open house discussion held by the sector regular Trai on rules for allocation of spectrum for 5G services in the auction planned to be held this year. The Telecom Regulatory Authority of India (Trai) has asked companies and other interested parties [...]
by PTI News | Feb 8, 2022 | 10:23 pm | News
Jaipur, Feb 8 (PTI) The Rajasthan government on Tuesday signed MoUs/LoIs with major players in the renewable energy sector capturing investment of Rs 3.05 lakh crore under the Invest Rajasthan Campaign. With this investment, more than 90,000 MW of renewable energy will be produced in the state. The memoranda of understanding (MoU) and letters of [...]
by PTI News | Feb 8, 2022 | 10:07 pm | News
New Delhi, Feb 8 (PTI) Subscribers under the government-administered Atal Pension Yojana (APY) have reached over 71 lakh as of January 24 this year, Parliament was informed on Tuesday. The government had launched the Atal Pension Yojana in May 2015 with the objective of creating a universal social security system for all Indians, specially the [...]
by PTI News | Feb 8, 2022 | 9:56 pm | Corporate Action, News
New Delhi, Feb 8 (PTI) Private sector IDFC First Bank on Tuesday said it has raised Rs 1,500 crore in its maiden issue of tier-2 bonds on a private placement basis, to a set of marquee domestic investors including LIC. IDFC First Bank has raised Rs 1,500 crore through private placement of unsecured, subordinated, rated, [...]
