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  • Infosys projected as top employer in APAC region
    Infosys projected as top employer in APAC region
    Bengaluru, December 11 (IANS): Software major Infosys has been projected as a top employer in Australia, Japan and Singapore across the Asia-Pacific region in 2020, by the Top Employer Institute in recognition of its excellence in hiring practices…
  • Walmart, Flipkart jointly invest in Ninjacart startup
    Walmart, Flipkart jointly invest in Ninjacart startup
    Bengaluru, December 11 (IANS): Walmart and its Indian arm Flipkart on Wednesday jointly invested in fresh produce supply chain startup Ninjacart, to modernise fresh produce market to benefit consumers, retailers and farmers.   "As a homegrown e-…
  • DoT cracks whip, tells telcos to pay pending AGR dues fast
    New Delhi, December 11 (IANS): The Department of Telecom (DoT) has asked telecom licencees to speed up the process of self-assessment of adjusted gross revenue (AGR) based dues and the payment of over Rs 1.47 lakh crore and submit comprehensive…
  • RBI's flexible inflation targeting regime set for review
    RBI's flexible inflation targeting regime set for review
    New Delhi, December 11 (IANS): The RBI's Flexible inflation targeting framework will be reviewed only after March 2021, its Executive Director Micheal Patra has told analysts.   Flexible inflation targeting is a monetary policy strategy used by…
  • Hyundai Motor India to raise vehicle prices from Jan 2020
    New Delhi, December 10 (IANS): Automobile major Hyundai Motor India will hike prices across models effective from January 2020. According to the company, the price increase has been necessitated on account of rise in input and material costs…
  • Airtel launches Wi-Fi calling services, Jio may follow
    New Delhi, December 10 (IANS): Airtel has launched Wi-Fi calling after testing it for months, but for now it will work only on Airtel Xstream Fiber and on select smartphones. The Wi-Fi calling is being rolled out for prepaid and postpaid…
  • SBI under-reports bad loans by Rs 12k cr for FY 19
    SBI under-reports bad loans by Rs 12k cr for FY 19
    New Delhi, December 10 (IANS): State Bank of India on Tuesday reported bad loan divergence of Rs 11,932 crore for the last financial year besides disclosing divergence of Rs 12,036 crore in provisioning for the financial year ending March 2019.  …
  • Tariff hikes can double EBIDTA of telcos : Crisil
    Tariff hikes can double EBIDTA of telcos : Crisil
    New Delhi, December 10 (IANS): Tariff hikes can double EBITDA of telcos and sustainability of hikes and funding of adjusted gross revenue (AGR)-related dues are the key monitorables, said rating agency Crisil.   The steep tariff hikes of up to 50…
  • CGST falls short of budget estimate by 40pc in April-Nov
    CGST falls short of budget estimate by 40pc in April-Nov
    New Delhi, December 10 (IANS): The Central GST collection fell short of the budged estimate by nearly 40 per cent during the April-November period of 2019-20, according to the data presented in the Parliament.   The actual CGST collection during…
  • Slowdown Saga: Nov auto sales decline by 12 %
    Slowdown Saga: Nov auto sales decline by 12 %
    New Delhi, December 10 (IANS): Domestic automobile sales continued to decline in November with the overall sectoral off-take plunging 12.05 per cent on a year-on-year basis, data showed on Tuesday.   According to the data furnished by the Society…
  • Yes Bank plunges 12% ahead of key meet
    Yes Bank plunges 12% ahead of key meet
    Mumbai, December 10 (IANS): Stock price of Yes Bank on BSE extended losses on Tuesday, falling nearly 12 per cent, as investors feared an adverse outcome of the crucial board meeting later.   The Ravneet Gill-led fourth largest bank is expected to…
  • OPPO set to open 2nd R&D centre in India
    OPPO set to open 2nd R&D centre in India
    (IANS File Photo)   Shenzhen, December 10 (IANS): With OPPO planning to invest $7 billion in research and development globally in the next three years, the Chinese smartphone maker is set to open its second R&D centre in India, a top company…
  • Hero MotoCorp two-wheelers' prices to be hiked from Jan 1
    Hero MotoCorp two-wheelers' prices to be hiked from Jan 1
    New Delhi, December 9 (IANS): Two-wheeler major Hero MotoCorp will raise ex-showroom prices of motorcycles and scooters from January 1, 2020. According to the company, price increase across the two-wheeler range will be up to Rs 2,000. "The…
  • 'EXIM Bank looking to disburse $6-7 bn in project export finance'
    New Delhi, December 9 (IANS): EXIM Bank of India has a huge fund corpus of $ 6-7 billion waiting to be disbursed for project exports finance and the next fiscal is likely to see an uptick in disbursements, David Rasquinha, Managing Director &…
  • Walmart launches initiative to support MSMEs
    New Delhi, December 9 (IANS): Retail major Walmart on Monday launched "Walmart Vriddhi Supplier Development Program", an initiative to help MSMEs in India to enhance their capability and supply chain. Speaking at the launch event here Judith…
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