Sustainability, digital will have profound impact on FMCG industry: Sanjiv Puri, ITC
The chief of one of India’s largest conglomerates said certain trends got accentuated during the pandemic such as need for hygiene, nutrition, immunity, ayurvedic and natural products. While they are still growing at a very rapid pace, the rate of growth has moderated from the initial surge experienced.
Sundaram Mutual completes 25 years in the mutual fund industry
Sundaram Asset Management Co. Ltd. - the asset manager for the schemes of Sund...
Share price of Page Industries Ltd. falls as Nifty weakens
A total of 1,279 shares changed hands on the counter till 11:55AM (IST).
Pidilite Industries Ltd. shares down 1.26% as Nifty falls
The stock quoted a 52-week high price of Rs 1849.9 and low of Rs 1186.05.
Export a new opportunity for construction equipment industry
The Indian CE market has been hobbled by the fact that the bigger machines are imported from China, Korea and Japan.
Share price of PI Industries Ltd. falls as Nifty strengthens
A total of 25,701 shares changed hands on the counter till 02:17PM (IST).
Punjab cabinet approves amendment in industrial policy
The cabinet chaired by Chief Minister Amarinder Singh gave approval to amend the Industrial and Business Development Policy, 2017, for extension of GST formula for availing incentives under the said policy till October 17, 2022, according to a government statement.
The auto industry bets its future on batteries
Car manufacturing hasn’t fundamentally changed in 50 years and is barely profitable, but the battery industry is still ripe for innovation. Technology is evolving at a pace that is reminiscent of the early days of personal computers, mobile phones or even automobiles and an influx of capital has the potential to mint the next Steve Jobs or Henry Ford.
Telecom industry headed for strong growth: Ind-Ra
The rating company said the sector turnaround is being driven by a mix of “moderation in competition intensity between the big telcos, resulting in waning tariff differentials, increasing data penetration, supporting growth in average revenue per user (ARPU), and a growing subscriber base”.
Isro to tap startups, industry for human space programme
Last year, India opened up the space sector to private participation, allowing startups such as Pixxel, Agnikul Cosmos, Skyroot Aerospace and Bellatrix Aerospace to build rockets and satellites for the local as well as global markets.
View: Digital transformation has reformed the ‘traditional’ industries to smart industries
The way countries handle foreign policy will change irreversibly in the future due to digital transformation.
IT-BPM sector is likely to recruit more than double staff on contract this year
India’s major IT services firms and BPM companies have witnessed a significant rise in the number of digital transformation projects during the past six months as businesses across markets are pivoting online in view of the Covid-19 pandemic.
Indian IT industry looks forward to working together with new US administration
Nasscom has projected a revenue growth of 7.7 per cent at USD 191 billion for the IT sector in the ongoing fiscal. The industry has added a net 2 lakh jobs, taking the overall workforce to 4.36 million.
Govt relaxes rules, facilitates work from home for tech industry
Under the Other Service Provider (OSP) guidelines of the Department of Telecom (DoT), the registration requirement for OSPs has been done away with altogether and the BPO industry engaged in data related work have been taken out of the ambit of OSP regulations.
How Covid-19 pushed India's IT industry to shed its reticence and go shopping world over
In mid-October, Wipro acquired Eximius Design based in San Jose, US. Tech Mahindra bought out two firms — digital enterprise tech provider Momenton based in Australia and New Zealand-based tech consulting firm Tenzing.