FICCI says these incidents discourage the industry from expanding its reach in the State. Industry body FICCI has written to Punjab Chief Secretary to intervene in incidents of "vandalism" of Jio’s mobile towers, as it urged the State to step up efforts to ensure that such incidents do not occur. FICCI, in the recent communication, said that with 1,800 towers […]
The tax body issues a corrigendum saying “critical remarks were due to a typo”. In an unprecedented move, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has retracted the critical remarks it made on Cyrus Mistry in its recent order that restored the tax-exempt status of the three key Tata Trusts. In a major moral victory for the […]
We plan to introduce more product categories for home and personal hygiene, says Pooja Jain Gupta The Luxor Group has expanded the scope of its business by unveiling nanotechnology-based products for long-term protection in the health and hygiene space under the brand Luxor Nano. Pooja Jain Gupta, MD, says the firm would make a difference in this segment as it […]
‘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 […]
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 […]
‘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 […]
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 […]
The trials, which will commence in December. Drug firm Zydus Cadila on Friday said it has received the approval from the Drugs Controller General of India (DCGI) to start phase 3 clinical trials with its biological therapy PegiHep in COVID-19 patients. The company had completed the phase 2 clinical trials with PegiHep last month. In a regulatory filing, Zydus Cadila […]
‘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 […]
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 […]
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