National Textile Corporation to reopen mills in phases

‘Mills selected for operation based on cash profitability’ The management of National Textile Corporation (NTC) has decided to reopen mills in a phased manner. An official told The Hindu on Friday the mills had ceased production when the nationwide lockdown was announced in March to control the spread of COVID-19. However, the 23 NTC mills in India had stocks of […]

» Read more

SpiceJet ties up with GMR Hyderabad Air Cargo for storage, delivery of COVID-19 vaccine

GHAC shall provide available required space on priority for SpiceJet’s vaccine shipments besides training its personnel along with the airline for specific customer requirements Low cost carrier SpiceJet on Thursdayannounced that it has signed an MoU with GMR Hyderabad Air Cargo (GHAC), a GMR group company,for providing a seamless service to all vaccine manufacturers in the region. As part of […]

» Read more

Proper scaling up of electronic manufacturing can contribute $1 trillion to economy: Ravi Shankar Prasad

‘By 2025, we will manufacture 1 billion phones, 50 million TVs and 50 million hardware devices, including laptops and tablets,’ said the Communications and IT Minister Communications and IT Minister Ravi Shankar Prasad on Friday said scaling up of electronic manufacturing in the country can alone contribute $1 trillion to the economy. The government has seen interest from global majors […]

» Read more

Moody’s terms HDFC Bank’s multiple digital outages ‘credit negative’

The recurring outages also risk hurting the bank’s brand perception among a growing and increasingly digitally savvy customer base, it said. Global rating agency Moody’s on Monday said HDFC Bank’s multiple digital outages are credit negative as such recurring incidents could lead to moderation in revenue and flight of customers to other banks. The recurring outages also risk hurting the […]

» Read more

‘Make-it-Yours’ keeps Royal Enfield on the go

‘80%-90% of demand for our products comes via MiY software platform: Dasari Royal Enfield’s Make-it-Yours (MiY) software platform has helped generate between 80% and 90% of demand for all its products, said CEO Vinod Dasari. “A buyer can use the MiY platform to choose, for example, from among 5,00,000 permutations and combinations, to order the Meteor model. So much so […]

» Read more

‘India key to IBM’s pursuit of a $1 trillion hybrid cloud opportunity’

Tech firm sees local partnerships growing as country accelerates its digital push. With India accelerating its ‘digital’ initiative, IBM is striving to put the country on the global innovation map by leveraging the power of technologies like artificial intelligence, cloud and cognitive computing says Viswanath Ramaswamy, VP – Cloud & Cognitive Software & Services, IBM India/South Asia. Edited excerpts: What […]

» Read more
1 2 3 7