Business – Page 324 – India Daily Digital

Bharti Infratel shares soar after merger with Indus Towers

Shares of Bharti Infratel surged over 7 per cent on Friday after the company completed its long-awaited merger with Indus Towers. Around 10.25 a.m., Bharti Infratel’s shares on the BSE were trading

November 20, 2020

Business

SpiceJet Shares Spike As 737 Max gets Clearance in US

Shares of budget airline SpiceJet rose over 13 per cent on Thursday after the Federal Aviation Administration (FAA) of the US cleared Boeing’s 737 Max aircraft to resume flying, nearly two years

November 19, 2020

Business

India’s Data Centre Sector Gets $396 Mn Investment this year

The Indian data centre industry has attracted investments totalling around $396 million during January-September 2020, a report by Anarock and Mace said on Thursday. “The Indian data centre industry has attracted close

November 19, 2020

Business·Economy

Indian stock markets set for ‘mother of bull run’: Report

A ‘mother of bull run’ is being predicted for the Indian stock markets, which will start early next year and last till 2024-25. Phillip Capital said in a report that one can

November 18, 2020

Business·Economy·India News

Apparel Exporters Seek Special Pre FTA Deal With UK

Apparel Export Promotion Council (AEPC) Chairman A. Sakthivel, has urged the government to strike a pre-FTA preferential trade deal to remove the tariff disadvantage faced by Indian apparels in the UK. In

November 18, 2020

Business·Economy·India News·UK News

MediaTek Acquires Intel’s Power Management Chip Wing

Taiwan-based fabless semiconductor company MediaTek has acquired Intel Enpirion power management chip product line-related assets, via its subsidiary Richtek, for approximately $85 million. With this acquisition, MediaTek is now aiming to expand

November 18, 2020

Business·World News

Zomato Offers Zero Commission Takeaway for Restaurants

As demand grows for takeaway food in the social distancing times amid surge in Covid cases, Zomato on Wednesday said its takeaway service is now available to restaurants at zero commission. The

November 18, 2020

Business·India News

RBI mulls LVB’s amalgamation with DBS Bank

The shareholders of the 94-year-old Lakshmi Vilas Bank (LVB) may not be getting anything as per the Reserve Bank of India’s (RBI) draft scheme for its amalgamation with DBS Bank India. The

November 18, 2020

Business·Economy

Kris Gopalakrishnan to become first Chairperson of RBI’s innovation hub

The Reserve Bank of India (RBI) has appointed Infosys co-founder Senapathy (Kris) Gopalakrishnan as Chairperson of the RBI Innovation Hub (RBIH). The RBI in its Monetary Policy Statement on Development and Regulatory

November 17, 2020

Business·Economy

India opens more sectors to foreign investment

India’s Department for Promotion of Industry and Internal Trade, DPIIT, has notified the opening up in more sectors for foreign direct investment. These sectors are single-brand retail trading, contract manufacturing and coal

November 17, 2020

Business·Economy

Business - Page 324