Prasanna Kumar Motupalli was on Thursday appointed as Chairman and Managing Director (CMD) of the state-run NLC India Ltd (NLCIL), a Personnel Ministry order said. The Appointments Committee of the Cabinet has approved Motupalli's appointment till the date of his superannuation that is June 30, 2026, it said. Motupalli, Executive Director of NTPC Ltd, is [...]
The All India Gem and Jewellery Domestic Council (GJC) on Thursday said its members have elected Saiyam Mehra as Chairman and Rajesh Rokde as Vice Chairman of the industry body for a period of two years (2023-24). GJC represents over 6,00,000 industry players comprising manufacturers, wholesalers, retailers, distributors, laboratories, gemologists, designers and allied services providers. [...]
State-owned BSNL will start 5G services in 2024, Union Telecom Minister Ashwini Vaishnaw said on Thursday. BSNL has shortlisted a TCS and C-DOT led consortium for rolling out 4G network, which will be upgraded to 5G in about a year of placing the order under the contract. "BSNL will start 5G services in 2024," Vaishnaw [...]
Telecom operators Jio and Bharti Airtel on Thursday started their 5G services in the state capital. The 5G services of both the companies were unveiled by Union Education Minister Dharmendra Pradhan and Union Telecom Minister Ashwini Vaishnaw at an event here. Vaishnaw said that the Narendra Modi government has sanctioned a total of Rs 5,600 [...]
Enterprise software solutions provider Ramco Systems on Wednesday said it would provide ERP (enterprise resource planning) software solutions to Addison and Co Ltd of the Amalgamations Group and maker of metal-cutting tools. The software offers modules for finance and accounts, inventory, purchases, sales, production, quality management as well as supplier and customer portal on a [...]
Shares of Radiant Cash Management Services ended with over 13 per cent gain in its debut trade on Wednesday against the issue price of Rs 94. The stock listed at Rs 99.30, registering a gain of 5.63 per cent against the issue price on the BSE. During the day, it jumped 24.14 per cent to [...]
Telecom infrastructure company Indus Towers on Wednesday said it has appointed Prachur Sah as managing director and chief executive officer of the company with effect from January 3, 2023. The position had been vacant since the resignation of Bimal Dayal in July. Prior to his appointment as MD and CEO of Indus Towers, Sah led [...]
Public sector Indian Overseas Bank (IOB) on Wednesday said Sanjay Mudaliar has joined the bank as its executive director with immediate effect. Prior to taking up this responsibility, he was in Bank of Baroda serving as its chief general manager and chief technology officer. He was a postgraduate in science and technology and a certified [...]
The National Company Law Appellate Tribunal on Wednesday directed Google to pay 10 per cent of the Rs 1,337.76-crore penalty imposed on the tech giant by fair trade regulator CCI. A two-member bench admitted the petition filed by Google against the Competition Commission of India (CCI) penalty. It, however, declined to grant any immediate stay [...]
The government-backed National Asset Reconstruction Company Ltd has taken lead in taking over two stressed entities of the Srei group as it submitted the "highest net present value bid of Rs 5,555 crore" among bidders, an official said on Wednesday. NARCL's net present value bid, submitted in the 10-hour-long "challenge mechanism" conducted by the committee [...]
