New Delhi: Elimination of inter-carrier IUC charges may result in some EBITDA gains for Vodafone Idea and some impact for Jio, while it will be neutral for Airtel, according to a report. The zero IUC (interconnection use charges) regime was previously scheduled to take effect from January 2020, but then …
Read More »Banks closed for 14 days in January 2021; Check out the full list of national and regional holidays next month.
As for the year 2021, banks in India will be closed for more than 40 days. In January 2021, banks in India will be closed for 14 days, including four Sundays, second and fourth Saturdays, and a national holiday. According to the Reserve Bank of India (RBI), these holidays can …
Read More »Yediyurappa ensures full support to restart production at Wistron’s iPhone plant
“We will give full support to that company, without any problem let them continue production,” Yediyurappa said. Prime Minister Narendra Modi is “very concerned” by the recent violence at Wistron’s iPhone manufacturing plant in Karnataka, Chief Minister BS Yediyurappa said on Thursday, ensuring his government’s full support for the company …
Read More »Nokia and ZTE will lose 4G business, Telecom News, ET Telecom
NEW DELHI: Finnish Nokia and Chinese ZTE, the two main partners of state-owned Bharat Sanchar Nigam Limited (BSNL), will lose 4th generation or 4G network migration and new implementation business to public and private system integrators They have started to attract homegrown suppliers in line with the Center’s ambitious Atmanirbhar …
Read More »BPCL Privatization: Offer Closes Monday, All Eyes on Reliance
The secretary of the Department of Investment and Management of Public Assets (DIPAM), Tuhin Kanta Pandey, had told PTI last month that there would be no further extensions Initial offers for the privatization of Bharat Petroleum Corp Ltd (BPCL) are due to close on Monday amid indications that large British …
Read More »Amazon Wins Interim Relief; Future-Reliance Agreement Suspended
Amazon believes Future Group violated the contract by signing a deal with rival Reliance. Amazon won an interim award on October 25 against its partner Future Group selling retail businesses to Reliance Industries for ₹ 24,713 crore after a Singapore-based single-judge arbitration panel suspended the deal. Amazon, which had agreed …
Read More »India’s toy industry cannot meet domestic demand, expectation | India News
NEW DELHI: Three-year-old Texas celebrated her birthday on August 31, a day after Prime Minister Narendra Modi put the spotlight on India’s toy industry on his Mann ki Baat radio show. Modi emphasized the need to increase local toy production and increase India’s share of the global toy market, set …
Read More »TN government allows limited operation of post-production work for Tamil film industry
[ad_1] Post-production work, including dubbing, re-recording, and sound design / mixing, can be done with up to five people. The Tamil Nadu government on Friday allowed limited post-production work to run throughout the Tamil film industry. With the national shutdown due to the current COVID-19 crisis lasting more than a …
Read More »Red zone: only a small section of online sellers can start selling nonessential products, industry executives say
[ad_1] New Delhi: With many states yet to issue their guidelines for e-commerce companies and a large number of vendors located in red zones, it is likely that only a small percentage of merchants on online platforms such as Amazon and Flipkart can start operations on 4 May and sale …
Read More »Indian Auto Industry Demands Full Exemption From COVID-19 Blockade
[ad_1] Among global companies, the auto industry faced some of the worst hits due to COVID-19. In India, the pandemic has brought several automotive and related companies to a standstill, as dealerships and factories remain closed. Due to India’s closing protocols, domestic auto sales in April 2020 reached zero units, …
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