BUSINESS
Investors unwilling to put in money unless tariffs rise, industry health improves: Vodafone-Idea writes to DoT
Apart from this, the private telecom firm requested the DoT to extend the duration to pay its Rs 8,292 crores dues -- related to spectrum purchased in auctions -- by one year, i.e. from April 9, 2022 to April 2023.
BUSINESS
MC Exclusive | Co-working will be future of Indian businesses post-pandemic India: 91Springboard CEO Anand Vemuri
As COVID-19 restrictions ease in phases, and businesses see a return to the office on the horizon, 91Springboard CEO Anand Vemuri shares his views on co-working options and how 91Springboard can help firms.
BUSINESS
DiGiSPICE launches new-age startup Korero Platforms to offer communication platform-as-a-service solutions
The new platform would help enterprise customers expected to get 20-25 percent higher RoI in their marketing campaigns and reduce the cost of engagement with clients by 30 percent. Also, the firm claims that the platform will provide a safe, secure, intelligent, interactive and reliable two-way conversation platform.
BUSINESS
Crypto asset exchange ZebPay appoints Avinash Shekhar as its Co-CEO
Avinash Shekhar’s primary focus will be to increase the ZebPay’s market share in India and focus on growing revenue rapidly in an ever-expanding crypto market.
BUSINESS
Cryptocurrency tracker | Dogecoin surges 28% as Elon Musk posts another crypto meme
The crypto trading exchange CoinDesk shows that Dogecoin 24-hour high record was $0.419919, while its 24-hours low trading was registered at $0.311602.
BUSINESS
COVID-19 Update | Dunzo to pilot drone delivery of medicines in India
The leading Med-Air consortium along with industry experts is aiming to help improve access to healthcare during the Covid-19 pandemic in different districts in Telangana for medical supplies.
BUSINESS
COVID-19 impact | India extends ban on international flights again till June 30
Earlier, the ban was extended till May 31. However, the restriction will not apply to international all-cargo operations flights that have been approved by DGCA.
BUSINESS
Crytpocurrency trading update | ZebPay launches lending platform for investors to earn returns on crypto holdings
The new ptaform generates returns on users’ crypto investments if they lend select cryptos thus, providing an opportunity to earn a passive income by adding on to the returns gained from rise in crypto prices.
BUSINESS
Explained | What is crypto 'whale', who manipulates cryptoworld and other questions answered
Whales, normally, put a massive sell order on the books that is lower than all of the other sell orders in the market. This adds volatility in the market, following the prices fall and panic chain reaction.
BUSINESS
Explained | Ethereum co-founder Vitalik Buterin destroys 90% of his Shiba Inu holdings; here's what it means
Created in August 2020 by someone named Ryoshi, Shibu Inu is a joke coin or meme coin which was launched as a rival to Dogecoin, which is also a cryptocoin.
BUSINESS
Explained | India's crypto covid relief fund: What is it and how it works?
The relief fund currently accepts donations in the form of cryptocurrencies which include Ethereum, Ripple, Litecoin, Solana, Tezos, Cosmos, Dogecoin, etc. Co-founder of Polygon Sandeep Nailwal even mentioned their addresses via a tweet series.
BUSINESS
International flights update: QR code on COVID RT-PCR report a must for flyers from India starting May 22
The countries that have banned passengers from India include United Kingdom, Canada, Hong Kong, New Zealand, UAE, Kuwait, Indonesia, Netherlands and Australia.
BUSINESS
Extend one-time restructuring of MSME advances until March 31 next year, FIDC tells RBI
The Finance Industry Development Council has sought the inclusion of 'retail trade' and 'wholesale trade' as activities recognised by the Ministry of MSMEs for registration.
BUSINESS
DoT assigns 4G spectrum to Reliance Jio, Bharti Airtel, gets Rs 2,306 crore
For the spectrum, Reliance Jio Infocomm Ltd paid Rs 2,149.59 crore, while Bharti Airtel Ltd deposited Rs 157.38 crore, the government said in a statement.
BUSINESS
COVID-19 update | Health Ministry to float tender for import of 50,000 MT of medical oxygen
The ministry has identified 100 hospitals for Pressure Swing Adsorption plants which manufacture oxygen and help hospitals become self-sufficient in their requirement for medical oxygen.
BUSINESS
Break the chain: Maharashtra CM Uddhav Thackeray rules out lockdown, issues tighter curbs: Key highlights
The chief minister said the state government will impose Section 144 in the entire state from April 14, but refused to term it as lockdown.
BUSINESS
GAIL India to invest in startups through 'Pankh', calls for proposals
The PSU has even opened a fresh round for solicitation of investment proposals from the startups which operate in natural gas, petrochemicals, energy, project management, bio-manure marketing, nano materials, IoT, data mining, environment, health and social.
BUSINESS
TCS renews tie-up with UK's Nationwide Building Society to strengthen operational resilience
With the strategic partnership, Nationwide will be able to leverage TCS’ complete range of services to transform its strategic applications and IT infrastructure.
BUSINESS
BHEL secures Rs 400 crore order for sulphur recovery unit from IOCL
Under this package, valued at over Rs 400 Crore, BHEL envisages setting up a 525 TPD Sulphur Recovery Unit at IOCL’s Paradip Refinery in Odisha. The project is scheduled for completion in 25 months.
BUSINESS
NSE glitch on February 24 | Storage area network failure led to trading halt
Due to the digging and construction activity along the path between Near Disaster Recovery (NDR) in Mumbai BKC and the disaster recovery (DR) site in Chennai, the stock exchange faced instability in links from both service providers on February 24, it said.
BUSINESS
Domestic flight tickets to cost more; govt raises minimum fares by 5%
Union Minister Hardeep Singh Puri said the ministry has decided to retain the permissible limit of flyers to 80 percent of the schedule as number of air passengers decline due to COVID-19 restrictions and imposition of compulsory RT-PCR test.
BUSINESS
Indian Railways rolls out first AC 3-tier LHB economy class coach; check details here
Following the necessary sanctions, the Linke Hofmann Busch (LHB) economy coaches will be inducted in all express and mail trains running LHB coaches. However, these coaches will not be added in the Rajdhani, Shatabdi, Duronto and Jan Shatabdi etc. trains.
BUSINESS
Adani Ports-led consortium gets LoI from Sri Lanka govt to build West Container Terminal at Colombo Port
For this project, APSEZ will partner with John Keells Holdings PLC and Sri Lanka Ports Authority (SLPA) as a part of the consortium awarded this mandate. APSEZ has been awarded the LoI to develop WCT in a build, operate and transfer basis for a period of 35 years as a public-private partnership.
WORLD
COVID-19 update | Facebook launches global campaign to help 50 million people get vaccinated
The social media major said that they were launching a tool which shows users when and where they can get vaccinated. Also, this tool will help the users make an appointment by providing them a link.
