Govt aims to provide 5,00,000 fibre-to-home (broadband) connections by Sept
The Ministry of Electronics and IT's rural network of 4,00,000 Common Service Centres has rolled out the facility after the Department of Telecommunications entrusted it to take the ambitious BharatNet fibre optic network to every last mile in the country.
DoT to launch dashboard to track national broadband progress targets
The DoT is targeting a combination of 100% broadband connectivity in the...
Garware Technical Fibres Q4 results: Net profit down 2.5% at Rs 36 crore
The company had posted a net profit of Rs 37 crore in the fourth qua...
Buy Techno Electric & Engineering, target price Rs 237: ICICI Securities
Given the healthy orderbook and growth prospects, the brokerage estimates a revenue CAGR of 20 per cent over FY20-FY22E with an earnings CAGR of 8 per cent.
Demand for diesel engines will bounce back: Bosch
Not more than 15% of the polluting particulate matter in urban air is due to vehicles, he said, citing studies. On top of that, under the BS-VI emission rules, the particulate matter emissions of diesel vehicles are substantially lower than before.
Buy Engineers India, target price Rs 112: ICICI Securities
Factoring-in Covid related slippages, the brokerage has cut FY21E and FY22E earnings by 10 per cent and 4.5 per cent respectively.
Engineering firms bring back migrant labourers for MMRDA projects
In the wake of the nationwide lockdown to curb spreading of coronavirus infections, thousands of migrant labourers returned to their native places from different cities, including Mumbai. The city is also one of the worst hit by the coronavirus pandemic.
Huawei controversy opens field for 5G challengers
Washington has pushed allies to bar Huawei, a Chinese telecom giant, from building next-generation 5G mobile networks, claiming its equipment can be used to spy for Beijing. Huawei denies the charges, but US pressure has prompted an about-turn in Britain.
Trending stocks: HG Infra Engineering shares surge nearly 13%
A total of 30,529 shares changed hands on the counter till 10:55AM (IST).
View: ‘Reverse migration’ can be a new engine for growth
Reverse migration can ensure economic rebalancing between states, transforming industrial landscape.
Buy AIA Engineering, target price Rs 1,900: Nomura
Nomura awaits management guidance on volumes for FY21 which is expected in second or third quarter of FY21.
Buy AIA Engineering, target price Rs 1,948: Yes Securities
The brokerage believes AIAE is better poised for long term growth with a successful diversification move to address product adjacencies through value added offerings.
Buy Suprajit Engineering, target price Rs 165: JM Financial
The brokerage estimates consolidated revenue CAGR to 2 per cent over FY20–22E.
Engineers crowd coding schools to upskill to stay relevant in job market
Renault to cut 1,500 engineering jobs in France: Union source
The engineering job cuts are part of cost savings plans that Renault announced last month aiming to find 2 billion euros ($2.27 billion) in savings over the next three years. The carmaker had planned to cut 15,000 jobs worldwide, including 4,600 in France.
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