NITI Aayog, Nasscom Foundation to digitally empower one lakh lives in India
New Delhi, Jan 20 (IANS) NITI Aayog and Nasscom Foundation on Monday announced their initiative, aligned with the Pradhan Mantri Digital Saksharta Abhiyan, to digitally empowering one lakh lives in India. The initiative’s initial phase focuses on bridging the digital divide by providing digital literacy training and access to essential e-governance services across 60 Particularly […]
24 companies to invest Rs 3,516 crore under PLI scheme for ACs and LED lights
New Delhi, Jan 20 (IANS) With as many as 24 beneficiary companies committing an investment of Rs 3,516 crore in the third round, the government’s production-linked incentive (PLI) scheme is poised to significantly boost the production of components of ACs and LED lights across India, according to a Commerce and Industry Ministry statement on Monday. […]
HD Hyundai Electric Q4 net falls 10.9 pc on one-off costs
Seoul, Jan 20 (IANS) HD Hyundai Electric, a South Korean electrical equipment maker, said on Monday its fourth-quarter net profit fell 10.9 per cent from a year earlier due to one-off costs. Net profit for the three months ended on December 31 fell to 123.9 billion won ($85 million) from 139 billion won in the […]
This govt understands the multiplier effect auto sector has: DC2 Design’s Dilip Chhabria
New Delhi, Jan 20 (IANS) In the last 40-50 years, the auto industry was treated like a luxury sector burdened by too many taxes, and it is only in the last couple of years that the government, led by Prime Minister Narendra Modi, has realised the multiplier effect that the auto sector has, Dilip Chhabria, […]
Global PC market up 3.7 pc, over 25 pc laptops now GenAI capable: Report
New Delhi, Jan 20 (IANS) The global PC market saw a 3.7 per cent shipment growth in Q4 2024, and over 25 per cent of laptops were generative AI (GenAI) capable last year, a report showed on Monday. According to Counterpoint Research’s preliminary data, there was a steady flow of PC orders from enterprises, which […]
Paytm reports Rs 208 crore loss in Q3, revenue down by 36 pc
New Delhi, Jan 20 (IANS) Paytm’s parent company One97 Communications Limited has clocked a loss of Rs 208 crore in the third quarter of FY25, from Rs 222 crore in the same quarter last year. In Q3 FY25, the company’s revenue declined by 36 per cent year-on-year (YoY) to Rs 1,828 crore, from Rs 2,851 […]
Dixon Technologies’ net profit rises over 100 pc in Q3, revenue up 119 pc
New Delhi, Jan 20 (IANS) Homegrown electronics manufacturer Dixon Technologies on Monday doubled its net profit in Q3 FY25, as earnings rose to Rs 216 crore from Rs 97 crore in the same period last fiscal. According to the company’s exchange filing, the revenue also doubled to Rs 10,553.7 crore from Rs 4,817 crore in […]
Indian stock market ends on positive note as US gears up for Trump 2.0
Mumbai, Jan 20 (IANS) Ahead of US President-elect Donald Trump’s inauguration as the 47th President amid good Q3 earnings, the Indian benchmark indices on Monday closed the day in the positive territory. At the closing bell, the BSE Sensex was up by 454 points or 0.59 per cent to close at 77,073.44 and the Nifty […]
ISRO, IN-SPACe showcase advanced space tech at Bharat Mobility Global Expo 2025
New Delhi, Jan 20 (IANS) The Indian Space Research Organisation (ISRO) and the Indian National Space Promotion and Authorisation Center (IN-SPACe) on Monday showcased 43 cutting-edge technologies curated for potential applications in the mobility industry at the ongoing Bharat Mobility Global Expo 2025 at Yashobhoomi in Dwarka. A stall set up by ISRO at the […]
Union Budget: COAI calls for further reforms to revitalise telecom industry
New Delhi, Jan 20 (IANS) In a bid to further revitalise the telecom industry, the Cellular Operators Association of India (COAI) on Monday released the telecom industry’s recommendations for the upcoming Union Budget 2025-26 to the Ministry of Finance. Considering the huge capital that Telecom Service Providers (TSPs) have to invest in the current scenario, […]
