Technology will help India achieve the target of becoming a developed nation by 2047, Prime Minister Narendra Modi said on Tuesday, as he outlined the massive and modern digital infrastructure being created to ensure that benefits of digital revolution reach all citizens. Addressing a post-Budget webinar on 'Unleashing the Potential: Ease of Living Using Technology', [...]
Vodafone Idea Ltd (VIL) on Monday said it has allotted 12,000 optionally convertible debentures to ATC Telecom Infrastructure. The balance 4,000 debentures will be allotted on receipt of application form and subscription money and due intimation of the same shall be filed as necessary, according to a regulatory filing. "... it is hereby informed that [...]
Ministry of Statistics and Programme Implementation will release the second advance estimate of the Gross Domestic Product for 2022-23 along with December quarter data on Tuesday evening. The ministry will also release the revised estimate of economic growth for 2021-22 which was estimated at 8.7 per cent in May last year. As per the first [...]
Triveni Glass Ltd will invest Rs 1,000 crore to set up a 840 metric tonnes per day capacity solar glass manufacturing plant in Andhra Pradesh, the government said on Monday. The glassmaker will set up the plant at Pangidi in East Godavari district, which will create 2,000 jobs. Triveni Glass managing director Varun Gupta met [...]
The Return on capital in the telecom business is very low and a tariff hike is likely to be the mid of this year, Bharti Airtel chairman Sunil Bharti Mittal said here on Monday. While responding to a PTI query at the Mobile World Congress, Mittal said that the company has a healthy balance sheet [...]
Equity benchmark indices climbed in early trade on Tuesday helped by buying in IT counters and an overall positive trend in global markets. After a firm start, the BSE Sensex further climbed 144.85 points to 59,433.20. The NSE Nifty advanced 35.55 points to 17,428.25. From the Sensex pack, Mahindra & Mahindra, Tech Mahindra, Tata Consultancy [...]
Macrotech Developers Ltd, the largest real estate developer in India, showcased a hike of around 12% in its stock price on Monday as its shares ended at Rs 800 levels on Monday. Over a month period, the stock showed a downside of approximately 22.2%. During the last year, the stock has moved down from Rs [...]
Prime Minister Narendra Modi will address a post-budget webinar on the theme ‘Unleashing the Potential: Ease of living using technology’ on Tuesday. According to an official statement, the webinar will discuss the Budget announcements related to DigiLocker entity, national data governance, address update facility, fintech services, Centre of Excellence on AI (Artificial Intelligence) and Mission [...]
Yes Bank’s shares have been under selling pressure, after they reached their 52-week high of ₹ 24.75 apiece on the National Stock Exchange (NSE) in December 2022. After ascending to their high, the shares of Yes Bank declined by 33.94% to their current level of ₹ 16.35 apiece. Meanwhile, Foreign Institutional Investors (FIIs) have increased [...]
Industry body CII and Jindal Stainless Ltd (JSL) on Monday announced a partnership to create awareness on corrosion and scale up its management activities to cut down losses estimated to be worth lakhs of crores of rupees in the country. CII and JSL signed a memorandum of understanding which focuses on inviting suggestions on improvements [...]
