The department of telecommunications (DoT) is understood to have turned down the offer of Vodafone Idea to furnish a corporate guarantee instead of a bank guarantee to cover its deferred spectrum installment for the current fiscal.

A sharp slowdown in the motor business and lower interest rates will put pressure on ICICI Lombard’s FY21E performance.

Small cardamom exports to Saudi Arabia are likely to increase during the current Ramadan season with the Saudi authorities agreeing to accept the globally accepted Codex Food Standards of the United Nations.

A proxy advisory firm has raised objections to the corporate governance structure at Zee Learn, part of the Essel group, expressing concerns over the company’s capital allocation decision, related-party transactions and acquisition of MT Educare.

Consumer goods major Marico posted a 3% year-on-year (y-o-y) decline in net profit to Rs 204 crore for the quarter ended March 31, while the revenue from operations, at Rs 1,496 crore, declined 7% y-o-y.

The decision was taken after the state agriculture department approached the Central Institute of Cotton Research (CICR), Nagpur, seeking advice against the backdrop of the Covid-19 pandemic affecting the country.

The Tamil Nadu government has announced relaxations allowing industries, particularly export units, to resume operations with standard operating procedure as suggested by the Union government.

According to an official source, CCI had purchased more than 13 lakh bales in 2008 as that year too, cotton prices had nosedived due to the global recession.

Nearly 60% employees of GoAir’s will be put on “temporary leave without pay”, the airline’s promoters Nusli and Jeh Wadia in a joint letter informed employees.

Marico's Q4FY20 was expectedly weak on topline but margin beat (lower RM & A&P) drove a positive earning surprise.

Despite the Gujarat government’s order to pay salaries to workers during lockdown period, lakhs of diamond artisans in Surat have not been paid their wages by their employers, said Diamond Workers Union – Gujarat.

The surge came at a time when the Nifty and Sensex gained 14.4% and 14.6%, respectively. Market experts say this could have been driven by intra-day trading.

Indian cotton prices have come down by 12-15% due to the ongoing lockdown and fears that the country’s cotton consumption will reduce, resulting in more carry-forward stocks by September 2020, officials of the Cotton Association of India (CAI) said on Tuesday.

A report by Jefferies shows that the benchmark Nifty in the last week of April had outperformed other global benchmarks such as Japan’s Nikkei 225, US’ S&P 500 and Hong Kong’s Hang Seng.

The Covid-19 pandemic is expected to exert downward pressure on the credit quality of sugar mills by eroding operating profitability and shoring up debt in fiscal 2021.

The Rs 75,000-crore paper industry, which has resumed production after relaxations were issued effective from April 15, may have a negative growth in the first quarter of this fiscal as demand lost in this lockdown cannot be compensated entirely.

Varun Beverages (VBL) reported a strong growth in volumes, Ebitda and earnings during Q1CY20. This was, however, led by the acquired territories of south & west not there in the base.

A Barclays report estimates that the central government’s revenue benefit from the additional hikes in fuel taxes could be as much as Rs 1.4 lakh crore on an annual basis.

This effectively eliminates the role of middlemen and allows farmers to sell their produce directly to consumers and traders outside the mandi yard.

Since Franklin Templeton Mutual Fund closed six debt schemes on April 23, there has been a rush by the investors to redeem the money from several categories of debt schemes like credit risk funds and low duration funds.

As a stock market is one of the key barometers that represent the health of any economy, the growth story of India coupled with the current low rate of penetration in the stock markets suggests that there will be increased demand for professionals in this sector.

Digital technologies have the potential to create $1 trillion economic value, says EY

Team-building and customer-connect are more effective than tall agendas

Shashwati, a news analyst, is able to do research at home, but her effectiveness has dropped in the absence of the right infrastructure.

As IBM Watson has been able to achieve some scale, the company believes that by putting the NLP technology in commercial use it will be able to expand its capabilities much further.

Mindshare and GroupM have implemented their own tools that are better than the industry standards, and we use our own competitive advantage to give our clients better insights than they could get through an industry model.

Grofers said the company’s warehouses are operational with 60% staff and to meet the surge in demand, the firm is hiring an additional 2,000 temporary warehouse and delivery staff across the country.

The ongoing lockdown is seen to take a toll on the finances of the state-run discoms which are finding it difficult to continue meter reading exercises and collect payments from consumers. To make matters worse for discoms, their revenues are seen to decrease on account of lower usage by high paying consumers such as the railways, industrial and commercial users.

Additionally, the quantum of advance payment that discoms need to furnish as security has been reduced to half till June 30.

At present, people are choosing to access cash through the BC channel rather than going to branches where they will come in contact with other people or to ATMs which are not being sanitised.

The decrease in WiFi usage can also be attributed to people staying at homes.

While DronaMaps is helping map Covid-19 patients in Haryana and other states, Blinkin has provided remote tech support for installing air ventilation systems in two Wuhan hospitals

Google Hangout, Microsoft Teams, Webex and Zoom are enabling businesses to create a collaborative work environment.

Passenger traffic for carriers is expected to register de-growth of 20-25% in FY21, CARE Ratings has said.

A study by two India-origin researchers at the University of Cambridge, is based on the SIR approach, but takes into account age and social contact structure to assess the impact of the lockdown and social distancing measures adopted before it.

From playing the reruns of popular shows to using video conferencing tools to create content, broadcasters are using different methods to keep the audience entertained during lockdown

Airtel emerged on the top in terms of latency experience with an average response time of 54.1 milliseconds, followed by Jio at 56.3 ms.

The Facebook-owned company explained that its previous exercise of limiting a forwarded message to five chats led to a 25% reduction in message forwards globally at the time.

E-sports is gaining ground, now is the time to bring tech innovations.

OTT platforms do have a buffer in their libraries but delayed production schedules will hit revenues.

The auction had received a positive response from investors with NHPC receiving bids of 3,540 MW for the tender. This is a shift from the recent trend of tenders being under-subscribed.

West Bengal chief minister Mamata Banerjee has allowed resuming operations in the gardens of Darjeeling, Doars and Terai with a workforce of 25%.

Private e-mandis, farm-to-fork startups and location tracking & geo-fencing tech platforms are helping farmers sell their produce amidst the lockdown.

Nafed, a canalizing agency for the GoI, and Alimenta had entered into a contract for supply of 5,000 tonne Indian groundnut during1979-80.

The ministry could have set a target of removing the huge burden and could have kept coal at exposed seams. As and when required coal could be extracted out of the seams.

E-commerce firms have been urging the government to allow sale of non-essentials like smartphones, electronic and stationary items on the premise that access to the items have become necessary as Corporate India shifted to work from home while students moved to online classes.

Work on the Pune Metro comprising two lines of 32 km started in December 2016 and was to end in 2022. Commissioning of work on 10 km of Line 1 and Line 2 was to be done in the first half of 2020.

The Indian rupee weakened by 31 paise to 62.64 against the US dollar today at the Interbank Foreign Exchange on month-end demand for the...

BSE Sensex slipped by 214 points to end at 27,011.31, while NSE Nifty ended below the 8,200-mark.

BSE Sensex tanked 723 pts, its second biggest single day fall since Narendra Modi govt took over; Salman Khan, GST, others field the blame.