Bharti Airtel on Monday announced the launch of 5G services in Agra, Meerut, Gorakhpur, Kanpur and Prayagraj in Uttar Pradesh. The services are already live in Lucknow and Varanasi. Airtel '5G Plus' services will be available to customers in a phased manner as the company continues to construct its network and complete the rollout. Customers [...]
Paytm Payments Bank on Monday said it has received final approval from the Reserve Bank of India to operate as a Bharat Bill Payment Operating Unit (BBPOU). Under Bharat Bill Payment System (BBPS), a BBPOU is allowed to facilitate bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments, FASTag recharge, education fees, [...]
Shares of HDFC Bank gained more than 1 per cent in initial trade on Monday after the firm reported 19.9 per cent jump in its net profit for the third quarter ended December 2022. The stock climbed 1.47 per cent to Rs 1,624.40 at the BSE. On the NSE, it advanced 1.29 per cent to [...]
Shares of Wipro on Monday climbed nearly 2 per cent in early trade after the company reported a better-than-expected 2.8 per cent rise in consolidated net profit for the December 2022 quarter. The stock gained 1.81 per cent to Rs 400.80 apiece on the BSE. At the NSE, it climbed 1.80 per cent to Rs [...]
NDTV's three senior executives, including the group president, have resigned weeks after the Adani group took control of the broadcaster. NDTV group's President Suparna Singh, Chief Strategy Officer Arijit Chatterjee and Chief Technology and Product Officer Kawaljit Singh Bedi have resigned, the company said in a regulatory filing. "The Company is in the process of [...]
The National Company Law Tribunal (NCLT) on Friday approved the transfer of ownership of bankrupt-Jet Airways to the Jalan Kalrock consortium and gave the winning bidder more time to pay the dues to the creditors. The latest rulings have come on two petitions filed by the consortium. One plea pertained to approval of transfer of [...]
Realty firm Mahindra Lifespace Developers Ltd on Friday said it has acquired 4.25 acre land in Bengaluru to develop a housing project and is expecting revenue of around Rs 400 crore from this property. The company expects to launch the first phase of the project within the calendar year 2023. In a regulatory filing, Mahindra [...]
The handsome credit growth witnessed at present will taper down next year if deposit growth continues to lag behind, Axis Bank chief executive and managing director Amitabh Chaudhry said on Friday. Chaudhry also advised some caution to be exercised by the system as it witnesses a high growth at present, saying decisions made today should [...]
HCL Technologies has been selected by State Farm, a provider of auto, home, and commercial insurance, to modernise its IT service desk and infrastructure operations, according to a statement. Some State Farm employees supporting this work will transfer to HCL Tech to continue their key role in delivering technology services to State Farm, it said. [...]
BCL Industries on Friday said its board has approved a proposal to raise Rs 201 crore through issuance of warrants on a preferential basis. BCL Industries is the only company in India and the South Asian region to have a forward and backward integrated distillery ethanol plant. The board has approved issuance of 55,83,334 fully [...]
