5G: India will no longer be behind technology curve, says Trai Chief
“There are less than a third of mobile towers connected to fibre backhaul when compared to China that has more than 80% connected,” Sharma said. He added that the telecom sector should be treated as ‘strategic’ to serve citizens and that issues such as the Right-of-Way (RoW) should be set right.
Focus on investment and exports to revive investment, economic cycles: Kiran Mazumdar Shaw
In order to restore confidence among private players, government has to bridge the trust deficit. We need consistency in policy because I do not think we should be flip-flopping and that is what investors want to see in any economic climate.
Letting top talent in is key for US to retain innovation edge: Sanjay Mehrotra, CEO, Micron Technology
“I am a great example of, you know, an immigrant. Of course, I have created several jobs here in the US and I look forward to policies and opportunities to continue to make America that magnet of bringing top talent,” Mehrotra said.
Mastercard swipes right on Pine Labs
Pine Labs reported total revenue of Rs 503.2 crore in FY19, up from Rs 336.1 crore in the previous fiscal. Losses widened to Rs 13.7 crore in the 12 months ended March 2019 from Rs 2.5 crore in the previous financial year, according to paper.vc.
India attractive in itself, not just as alternative to China: PAG Boss
In India, the focus will be on export-dependent sectors like pharma and outsourcing as much as private consumption themes around financial services, retail, food and beverages and healthcare.
Indian SaaS firms eye Japan, Latam to pip global giants
Indian firms are aiming to diversify focus on the Rest-of-the-World markets. The market expansion coincides with a push towards a platform play, creating a common design and engineering base from which products can be developed to meet a quicker time-tomarket paradigm.
Bankruptcy board set to tackle group insolvency
Bringing entities on the basis of inter-connectedness or common assets into the group resolution framework may face challenges and lead banks to classify standard accounts as NPAs, dragging standard cases into insolvency because of non-recovery of dues after insolvency resolution.
New Singapore treaty harsher than GAAR, may impact FPI flows into India
Investors based out of Singapore continue to avail several tax benefits for putting money in India.
Cairn India hunts for big oil partner via stake sale
Cairn is the country’s largest private sector oil and gas producer accounting for nearly a quarter of India’s total domestic crude oil production and Vedanta may look to dilute up to 25% to raise a minimum of $1.5-2 billion (Rs 10,500-14,100) through this “value unlocking” exercise.
Lodha to raise $225 million via offshore bonds
JP Morgan is the lone banker for now helping the company raising the money.
New funding avenues open up for enterprising startups
GetVantage, Spring Marketing, Drip Capital, OfBusiness and 100x.vc, as well as corporate investment arms Next47 and Sony Innovation Fund, among others, offer startups targeted expertise beyond cash to grow their business.
One Consult founder says no one can pull off suits like Beckham; must-have include pocket squares, cufflinks
Pawan Shahri on how his suit collection has grown over the years.
Andhra Pradesh: Vijayawada station sets up solar panels on cover over platform
The solar roof has been installed at a cost of Rs 60 lakhs. Given the hot and humid climate of Vijayawada, railway officials are exploring means to harness solar power to cater to the electricity consumption needs of the station
Donald Trump rejects climate 'prophets of doom' as Thunberg warns Davos
Thunberg was in the audience in the Swiss Alps to hear a typically bullish speech by Trump, delivered just before the start of his Senate impeachment trial in Washington.
Indians rush for US citizenship before Trump can shut doors
Uncertainty over the Donald Trump administration’s immigration policies, coupled with a desire to vote in the upcoming elections this year, have led many immigrants residing in the US to opt for citizenship.
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