The Karnataka High Court on Friday ordered a stay on the Competition Commission of India's (CCI) probe into violation of competition laws by e-commerce giants Amazon and Flipkart. ...
The Supreme Court order on Friday directing telecom companies to settle their AGR dues by March 16 will create uncertainty on their operational sustainability, especially on Vodafone Idea, which will push them to raise tariffs by 20-25% to remain afloat, Acuite Ratings & Research Limited has said....
New Delhi, Feb 14 "I am literally shocked" said Justice Arun Mishra as the Supreme Court on Friday initiated contempt proceedings against telecom companies for non-payment of Adjusted Gross Revenue (AGR) dues and directed that all directors of the companies be present at the next hearing....
Higher prices of manufactured products along with those of key transportation fuels accelerated India's annual rate of inflation based on wholesale prices to 3.10 per cent in January from a rise of 2.59 per cent in December, official data showed on Friday. ...
A federal judge in the US has temporarily blocked Microsoft from beginning work on the $10 billion Pentagon Cloud computing project following a motion filed by Amazon Web Services (AWS)....
The first 1,000 MW nuclear power plant at Kudankulam has stopped generation due to reactor problem, taking the total of the atomic power capacity under outage in Southern region to 2,440 MW....
Johnson Controls-Hitachi Air Conditioning India Ltd on Thursday said that it plans to train 50,000 technicians and experts at its 'Engineering Excellence Centres' (EEC) in Delhi, Mumbai, Chennai and Kolkata by 2025. "Hitachi's EEC initiative is in line with the government's 'Skill India' ...
The burgeoning Indian IT sector is cautiously optimistic about its outlook for the ensuing fiscal 2020-21 in the face of global risks, said its apex body on Wednesday. "Though growth and hiring outlook for the IT industry is sound, our CEO survey ...
Policy certainty will increase domestic and international investing into India, a new report out on Thursday by the Institute for Energy Economics and Financial Analysis (IEEFA) said. The report, India's Renewable Energy Policy Headwinds - Recommendations for ...
Japanese technology conglomerate SoftBank Group has seen its quarterly profit being almost wiped out for a second straight quarter by losses at its $100 billion Vision Fund focused on tech companies like Uber and WeWork. The poor results have dented investor confidence in founder Masayoshi Son's big...