The government has notified an agreement between Air India and a special purpose vehicle for transferring the carrier’s non-core assets, marking another step in the national airline’s takeover by the Tata Group on Thursday. Ratan Tata, chairman of the salt-to software conglomerate, is likely…
Telecom operator Bharti Airtel and IT major Tata Consultancy Services (TCS) have joined hands to build a 5G-based remote working technology using robotics, according to sources. Both the companies are currently running the trials in Airtel’s 5G lab at Manesar, Haryana “Indian companies are looking to adopt indigenously…
By Administrator_India Capital Sands After a hiatus of two years owing to the COVID-19 pandemic, the West Bengal government will host the Bengal Global Business Summit (BGBS) in April next year, a highly placed government official said. The business summit,…
By Administrator_India Capital Sands In times to come, the key digital platform of Prime Minister Gati Shakti—akin to a made-in India Google map that is expected to carry much more granular details in real time—may be opened for the citizens…
By Administrator_India Capital Sands Software exporter Wipro’s Azim Premji donated Rs 9,713 crore or Rs 27 crore a day to retain his top rank among Indian philanthropists in FY21. Premji, the founder chairman of the company, increased his donation by nearly a…
By Administrator_India Capital Sands The Reserve Bank begins its October review of the monetary policy on October 6 and a decision on interest rates will be announced at the end of the three-day meet on Friday. The Monetary Policy Committee of…
By Administrator_India Capital Sands E-commerce majors Flipkart and Amazon India on Sunday said they have witnessed a strong start to this year’s festive sale, with demand from tier-II and -III cities driving the momentum. Walmart-owned Flipkart on Sunday said early…
By Administrator_India Capital Sands Debt-ridden telecom operator Vodafone Idea on Sunday claimed to have recorded a peak speed of 3.7 gigabit per second (gbps), highest by any operator in India, during 5G trials in Pune. The company also claimed to have recorded 1.5 gbps…
By Administrator_India Capital Sands India’s most valuable startup, the online education provider Byju’s, is in talks to raise between $400 million to $600 million and then accelerate plans for an initial public offering next year, according to people familiar with…
By Administrator_India Capital Sands IPO bound Paytm that granted new employee stock options (ESOPs) to its current and former staff were converted to shares worth Rs 182 crore, The Economic Times reported citing a regulatory filing. Over a million ESOPs were…
