Business
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Bankers to strike on Nov 19 to protest victimisation
Chennai: Banking services across the nation will get affected on November 19, with members of the All India Bank Employees’ Association (AIBEA) going on strike, said an official. The members will strike…
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How Oracle Alloy is going to help Indian firms meet local data norms
Las Vegas: As more Indian firms, especially operating in the regulated industries, aim to move their workloads to the Cloud, Oracle feels that critical infrastructure is something that is going to be…
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Shifting to green crackers, Sivakasi fireworks industry aims international market
Chennai: The 6000 crore fireworks industry of Sivakasi, which has turned mainly into green crackers, is now planning to tap the international firecracker industry hitherto dominated by Chinese players. While China has…
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Hyundai Motor ups annual revenue guidance after weak Q3
Seoul: Hyundai Motor on Monday raised its annual revenue and operating profit margin guidance after reporting a 5 percent on-year decline in third-quarter net profit on provisions involving engine-related services. The South…
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5G service revenue to reach $315 bn globally in 2023
New Delhi: The global 5G service revenue is expected to reach $315 billion in 2023, rising from $195 billion this year, a new report showed on Monday. This represents growth of over…
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Facebook threatens to ban news in Canada over proposed Online Act
San Francisco: Facebook has reportedly threatened to block news in Canada if the country goes through its proposed Online News Act that forces online platforms like Facebook and Google to share revenue…
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Coimbatore car blast affects Diwali sales in area
Chennai: A car exploded on Sunday morning and led to the closure of all roads near Eswaran Kovil street in Tamil Nadu’s Coimbatore district. Heavy police was deployed in the area, forcing…
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Akash Ambani launches Jio 5G services in Rajasthan’s Nathdwara
Jaipur: Akash Ambani, the Chairman of Reliance Jio Infocomm, on Saturday announced the launch of Jio 5G services in Rajasthan from the famous Shrinathji temple in Nathdrawa town in Rajsamand district. Akash…
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BMW adds EV battery capacity in Germany
London: After releasing plans to scale EV and battery production in the US, BMW has announced it would also be adding a new battery assembly line and new cell varnishing lines at…
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Ola Electric launches new e-scooter for introductory price of Rs 79,999
Bengaluru: Ola Electric on Saturday launched an all-new Ola S1 Air electric scooter at a special introductory price of Rs 79,999. The e-scooter weighs 99 kgs and claims to deliver top speed…
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Amid high inflation & weak rupee, Fin Min review says economic performance ‘impressive’
New Delhi: Even as economic growth and rising inflation remain major concerns for India, with Finance Minister Nirmala Sitharaman saying that these twin challenges would be in focus in the next Union…
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Jio expands 5G services to Chennai, Nathdwara in Rajasthan
Mumbai: Reliance Jio on Saturday announced it is expanding the True 5G-powered Wi-Fi services to Chennai and the temple town of Nathdwara in Rajasthan. The company said it is introducing 5G in…
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Oracle modernising Airtel for larger 5G roll-out in India: Top executive
Las Vegas: As Bharti Airtel rolls out 5G services in select cities in India, Cloud major Oracle is busy helping the telecom operator in its digital metamorphosis, internally as well as externally,…
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RIL to restructure group EPC resources
New Delhi: The Board of Reliance Industries Ltd (RIL) on Friday approved a scheme of arrangement under which the EPC and infrastructure undertaking of Reliance Projects and Property Management Services Ltd (RPPMSL),…