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IT cos to hire 3.6 lakh freshers by March, says report

New Delhi, Feb 17 (PTI) Indian IT companies are expected to hire about 3.6 lakh freshers in the services industry during the current financial year, market intelligence firm Unearthinsight said on Thursday. The report on IT industry insights and forecast said that the IT sector continues to witness an uptrend in attrition with 22.3 per [...]

Industry raises concerns over related party transaction norms

New Delhi, Feb 17 (PTI) India Inc has raised concerns over some of the new related party transaction (RPT) rules prescribed by market regulator Sebi which will come into effect from April this year. According to documents accessed by PTI, industry chambers Ficci and CII have suggested that the provisions be relaxed/clarified, observing that the [...]

China criticises India’s latest ban on 54 more Chinese mobile apps

Beijing, Feb 17 (PTI) China on Thursday criticised India's latest decision to block access to 54 more Chinese mobile apps over security and privacy concerns, saying that the move has damaged the legitimate interests of companies from China. India on Monday blocked 54 more apps with Chinese links, including Tencent Xriver, Nice Video baidu, Viva [...]

Global demand boosts cotton price: Survey

Coimbatore, Feb 17 (PTI) The farm gate price of good quality cotton during March to June this year would be between Rs 7,500 to Rs 8,000 per quintal, according to a market survey conducted by Tamil Nadu Agricultural University here. Increase in demand due to higher consumption estimates across the globe, increased exports from India [...]

Industry welcomes National Hydrogen Policy

New Delhi, Feb 17 (PTI) Renewable energy companies on Thursday welcomed National Hydrogen Policy but sought clarity on charges for intra-state wheeling of electricity. Manoj K Upadhyay, founder and chairman, ACME Group said, the policy is the first concrete step in the direction of creating a favourable regulatory and enabling environment for the green hydrogen [...]

Karnataka invites Taiwanese companies to invest in Karnataka, promises all support

Bengaluru, Feb 17 (PTI) Karnataka Large and Medium Industries Minister Murugesh Nirani on Thursday invited Taiwanese companies to make investment in the state and promised to extend all the support and cooperation from the government. The Minister offered support during a meeting with the high-level Taiwanese delegation on Thursday here, his office said in a [...]

Free wheeling of power, open access in National Hydrogen Policy

New Delhi, Feb 17 (PTI) The government on Thursday allowed free inter-state wheeling of renewable energy used in the production of green hydrogen and ammonia as it seeks to boost usage of the carbon-free fuel and make India an export hub. Unveiling the first part of the much-awaited National Hydrogen Policy, Power and New and [...]

Greater confidence now of co-existing with virus: HDFC Deepak Parekh

Mumbai, Feb 17 (PTI) HDFC Chairman Deepak Parekh on Thursday said after almost two years into the pandemic, there is now greater confidence of co-existing with the virus and the optimism of a return to near normalcy. "After nearly 24 gruelling months of the pandemic, there is now greater confidence of co-existing with the virus [...]
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