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PLI scheme to drive 5G subscriptions base to 860 million in India by 2029: Report

May 22, 2024

Mumbai, May 22 (IANS) Driven by the production-linked incentive (PLI) scheme, the 5G subscriptions base in India has crossed 130 million and is expected to reach 860 million by 2029, a report showed on Wednesday.The subscriber base of 1.084 billion makes the Indian telecom industry the second largest in the world."The PLI scheme is the key catalyst…

Grateful to PM Modi for encouraging MapmyIndia, unlocking geospatial sector: CEO

May 22, 2024

New Delhi, May 22 (IANS) Homegrown geospatial software provider MapmyIndia CEO and Executive Director Rohan Verma on Wednesday said that he is grateful to Prime Minister Narendra Modi for mentioning and encouraging the company and unlocking…

Business

RBI approves record dividend of Rs 2.11 lakh crore to Central Government

May 22, 2024

Mumbai, May 22 (IANS) The Board of Directors of the Reserve Bank of India on Wednesday approved the transfer of Rs 2,10,874 crore as surplus to the Central government for the accounting year 2023-24.This is the highest-ever dividend that…

Business

As exchequer dries up, Kerala set to tweak liquor policy with no more dry days

May 22, 2024

Thiruvananthapuram, May 22 ( IANS) The Kerala government is getting ready to tweak its liquor policy as its coffers have run dry, like never before.Kerala defines its liquor policy every year but this new fiscal, due to the Lok Sabha polls'…

Business

From zero presence in 2014 to becoming world’s supply chain hub, India an ‘ideal place…

May 22, 2024

New Delhi, May 22 (IANS) From zero presence in the global supply chain 10 years back, India now has a significant role to play in the supply chain ecosystem across industries, creating huge investment and job opportunities, Union Minister…

Business

Awfis Space Solutions IPO opens, bidding for issue to close on May 27

May 22, 2024

Mumbai, May 22 (IANS) The Awfis Space Solutions IPO opened on Wednesday for retail investors. The bidding for this issue will close on May 27.The company is offering its shares in the price band of Rs 364 to Rs 383 per share. The IPO lot…

Business

Kudos to PM Modi for motivating founders like us to do better: Zomato CEO

May 22, 2024

New Delhi, May 22 (IANS) Zomato Founder and CEO Deepinder Goyal on Wednesday praised Prime Minister Narendra Modi for providing ample opportunities to small-town entrepreneurs like him, as the online food delivery platform, coupled with…

Business

Mahindra Launches XUV700 AX5 Select, starting at ₹16.89 Lakh – Redefining Accessible Luxury

May 22, 2024

Mahindra & Mahindra Ltd., India’s leading SUV manufacturer, today announced the

Business

Suzlon secures new orders of 402 MW from Juniper Green Energy for the 3 MW series

May 22, 2024

Suzlon Group, India's largest renewable energy solutions provider,

Business

Paytm aims ‘leaner organisation structure’ after Rs 550 crore net loss in Q4

May 22, 2024

New Delhi, May 22 (IANS) In order to achieve significant cost efficiencies through artificial intelligence (AI)-led capabilities, digital payments major Paytm is planning a “leaner organisation structure” and the “pruning of non-core…

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