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National Common Mobility Card (NCMC) service to kick off from Delhi Metro's Airport Express Line
In a bid to complement the vison of PM Modi for getting One nation, one mobility card. The idea of NCMC was floated by the Nandan Nilekani committee set up by the Reserve Bank of India.NCMC is an automatic fare collection system...
Bajaj Auto to pump in Rs 650 crore to set up new plant in Maharashtra
Bajaj Auto has inked an agreement with the Maharashtra government to set up a manufacturing facility, the company said in a notification to the stock exchanges on Tuesday. As part of the agreement, the Pune-based company has proposed an investment of Rs 650 crore in Chakan, Maharashtra. ...
Wipro shines on a $700 mn deal from Metro AG
Wipro has won a strategic digital and IT partnership deal from global wholesaler METRO AG, valued at $700 million for the first 5 years. It could extend to an additional 4 years, with a potential spend of up to $1 Billion, making it the biggest deal win since Thierry Delaporte took charge as CEO a few months ago....
Daiwa launches Smart TV with Alexa Built-in and Smart Controls
Daiwa, the Home grown Indian Home Appliance brand, launched its Alexa Voice command enabled (Alexa built-in) new generation of Smart TVs. Daiwa has introduced the Amazon Alexa Built-in Smart TV with 43-inch Model, and will also be launching in 32 inch (80cm)and 39 inch (98cm) HD Ready in the upcoming weeks....
Avaloq's Acquisition by NEC Successfully Completed
Avaloq, a Swiss-based global leader in digital banking solutions and wealth management technology, and Japan-based NEC Corporation today announced the closing of NEC's acquisition of Avaloq. Each being a market leader in their own field, the combination of their shared vision...
COVID-19 expedites India's focus on innovation within pharma
The COVID-19 pandemic has pushed India to expedite focus on pharma research and development (R&D) to become more independent. The hope of getting indigenous COVID-19...
114 arrested in a special drive conducted by GST officials
Fake invoices of GST amounting to over ₹11,500 crore have been detected by GST officials in a near month-long nationwide drive....
Info Edge hits high records in 2020
Info Edge stock has hit a high record and has clocked in gains of >70% in 2020 itself. The stock has been the third-best gainer on the Nifty IT index....
Govt must incentivise investments in telecom infra, make spectrum affordable, says Nunzio Mirtillo
Ericsson has urged the Indian government to incentivise investments in India's telecom infrastructure sector, speed up spectrum availability and make spectrum prices affordable. Nunzio Mirtillo, Head of Market Area South East Asia, Oceania and India, at Ericsson speaks in the India Mobile Congress Virtual summit....
QRMP scheme for GST payers
Quarterly Return filing & Monthly Payment of Taxes (QRMP) scheme for small taxpayers has recently been launched by the government, under the GST system. Taxpayers with an aggregate annual turnover of up to Rs 5 crore in the preceding financial year and have filed their October GSTR-3B (sales) return by November 30, 2020, are eligible for this scheme....