Microsoft to develop over 500 million new apps in 5 years

Hyderabad: With the Covid-19 pandemic leading to digital transformation at a speed never seen before, software giant Microsoft expects to develop more than 500 million new applications over the next five years. During Covid-19 several organisations used Azure Cloud platform as they started working remotely With every business organisation turning into More...

by Agencies | Published 2 weeks ago
By Agencies On Wednesday, November 18th, 2020
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Vedanta submits preliminary EoI for BPCL, terms bid as ‘exploratory’

New Delhi: Anil Agarwal-led Vedanta has said that it has submitted an expression of interest (EoI) for the privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) and termed the bid as “exploratory” More...

By Agencies On Tuesday, November 17th, 2020
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Tata Steel surges 7% as it starts talks with SSAB to sell Dutch unit

New Delhi: Shares of Tata Steel surged nearly 7 per cent on Tuesday, after the company confirmed that is has started talks with Sweden-based SSAB to sell its Netherland business, including Ijmuiden steelworks. It More...

By Agencies On Monday, November 16th, 2020
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BPCL privatisation makes progress, multiple EoIs received

New Delhi: The much-anticipated privatisation process of the Bharat Petroleum Corporation Ltd (BPCL) completed its first phase on Monday with several suitors submitting Expressions of Interest (EoI) for the state-run More...

By Indileak Web Desk On Monday, November 16th, 2020
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NBCC bags orders worth Rs 1,165 cr in October

New Delhi: State-run construction major NBCC (India) Ltd said that it had bagged orders worth Rs 1,165.52 crore in October. Till now, 695 flats have been completed and handed over by the NBCC “This is to inform More...

By Indileak Web Desk On Sunday, November 15th, 2020
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Gold imports improve in Oct, down 47% so far in FY21

New Delhi: Import of gold increased nearly 36 per cent in October on a year-on-year basis to $2.50 billion, showed the data released by the Ministry of Commerce and Industry. The overall imports of gold during the More...

By IANS On Friday, November 13th, 2020
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Air India to raise Rs 6,150 crore in short term loan for aircraft refinancing

New Delhi: Air India is raising Rs 6150 crore in short-term loans to refinance foreign currency bridge loans taken to buy seven Boeing 787 and 777 aircraft. Air India is looking to repay its aircraft debt towards More...

By Indileak Web Desk On Thursday, November 12th, 2020
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India’s retail inflation rises to 7.61% in October

New Delhi: India retail inflation rose in October with the Consumer Price Index (CPI) at 7.61 per cent compared to 7.27 per cent in September. Rise in food prices lifted the retail inflation higher The CPI for the More...

By Indileak Web Desk On Wednesday, November 11th, 2020
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Cabinet okays PLI scheme for 10 sectors, including auto, telecom

New Delhi: To give an impetus to the manufacturing sector, the Union Cabinet on Wednesday approved a mega production linked incentive (PLI) scheme for 10 sectors. The PLI scheme will be implemented by the concerned More...

By Indileak Web Desk On Tuesday, November 10th, 2020
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GAIL grows over pre-Covid levels, reports hike in net profit in Q2

New Delhi: Gas transportation utility GAIL on Tuesday reflected the general positive sentiment in the economy during the unlock phase reporting 16.5 per cent growth in its net profit for the July-September quarter More...

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