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Centre begins auction for telecom spectrum worth Rs 96,238 crore

Jun 25, 2024

New Delhi, June 25 (IANS) The Centre on Tuesday announced it has begun the auction of spectrum worth Rs 96,238.45 crore for telecom services. The total quantum of spectrum being auctioned is 10,522.35 MHz in various bands, valuing Rs 96,238.45 crore at reserve prices, said the Ministry of Communications.The following spectrum bands will go up for…

Samsung builds AI chip infrastructure used in more efficient computing

Jun 25, 2024

Seoul, June 25 (IANS) Samsung Electronics said on Tuesday it has completed building infrastructure to produce faster and more efficient chips for artificial intelligence (AI) computing.The infrastructure for so-called compute express link…

Business

On Gautam Adani’s birthday, video of Adani Group’s 2023 fight back takes internet by storm

Jun 25, 2024

New Delhi, June 24 (IANS) Gautam Adani, the Founder-Chairman of Adani Group, turned 62 on Monday, thereby adding yet another year of remarkable accomplishments and milestones for his various companies while contributing to the country’s…

Business

Telangana to soon unveil policy for MSME sector

Jun 24, 2024

Hyderabad, June 24 (IANS) The government of Telangana will soon come out with a policy for the Micro Small and Medium Enterprise (MSME) sector, minister for industry and information technology D. Sridhar Babu said on Monday.Addressing the…

Business

Adani Ports features on honour list of companies in Asia Pacific, only Indian firm in transport…

Jun 24, 2024

Ahmedabad, June 24 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) on Monday said it has made it to the honour list of the Institutional Investor Asia Pacific (ex-Japan) Executive Team Survey and in the transportation sector,…

Business

India’s CAD declines to 0.7 per cent of GDP as economy gets stronger

Jun 24, 2024

Mumbai, June 24 (IANS) India's current account deficit (CAD) declined to $23.2 billion (0.7 per cent of GDP) during 2023-24 from $67 billion (2 per cent of GDP) during the previous year due to a lower merchandise trade deficit, the RBI said…

Business

Britannia’s Kolkata unit may be heading for closure, all permanent staff given VRS

Jun 24, 2024

Kolkata, June 24 (IANS) Apprehensions loom over the closure of Britannia Industries' factory at Taratala in southern Kolkata with the company offering a voluntary retirement scheme (VRS) to all its permanent staff. While the 120-odd…

Business

Hyundai Motor’s labour union in S.Korea votes in favour of strike as wage talks collapse

Jun 24, 2024

Seoul, June 24 (IANS) Unionised workers of South Korea's leading automaker Hyundai Motor on Monday overwhelmingly voted in favour of staging a strike following the collapse of annual wage negotiations between management and the…

Business

India’s IT & business services market to reach $20.7 billion by 2028: Report

Jun 24, 2024

New Delhi, June 24 (IANS) The IT and Business Services market in India is projected to grow at a CAGR of 7.3 per cent to reach $20.7 billion by the end of 2028, a report showed on Monday.Last year, the domestic IT & Business Services…

Business

Our extraction rate of critical materials from Li-ion batteries at over 98 pc, best globally:…

Jun 24, 2024

New Delhi, June 24 (IANS) India’s largest end-to-end e-waste management and the world’s leading Li-ion battery recycling company Attero's co-founder and CEO Nitin Gupta on Monday said that the firm's extraction rate of critical materials is…

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