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5G spectrum for private players not a threat to Indian Telcos: Report
5G spectrum for private players not a threat to Indian Telcos: Report

New Delhi,  The recommendation by the Telecom Regulatory Authority of India (TRAI) to assign 5G spectrum to private enterprises is not a threat to the Indian telecom operators, a new report showed on Tuesday.

As India gears up for the 5G spectrum auction, the TRAI is aiming to enable the framework for en

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Global semiconductor sales to reach $676 bn this year: Gartner
Global semiconductor sales to reach $676 bn this year: Gartner

New Delhi,  Global semiconductor revenue is projected to total $676 billion in 2022, an increase of 13.6 per cent from 2021, a Gartner report said on Tuesday.

Semiconductor revenue for smartphones is forecast to increase 15.2 per cent in 2022, as 5G smartphone unit production is expected to grow by 45.3

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TN discusses with lenders to reduce interest rate for TANGEDCO, to rationalise tariff categories
TN discusses with lenders to reduce interest rate for TANGEDCO, to rationalise tariff categories

Chennai, Tamil Nadu government is in discussions with the lenders to its power utility to reduce their interest rate, said the Minister for Electricity, Prohibition and Excise V. Senthilbalaji.

In the Energy Department's Policy Note for 2022-23 presented in the Assembly, Senthilbalaji said the state power util

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TA'ZIZ, Reliance sign shareholder agreement Ruwais chemicals project
TA'ZIZ, Reliance sign shareholder agreement Ruwais chemicals project

New Delhi, Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA'ZIZ) and Reliance Industries Ltd (RIL) have signed the formal Shareholder Agreement for the TA'ZIZ EDC & PVC project.

Reliance is India's largest diversified conglomerate and a strategic partner with Abu Dhabi National Oil Company (ADNO

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Round tripping of industrial inputs by large players unfavourable to local value chains
Round tripping of industrial inputs by large players unfavourable to local value chains

New Delhi, The Indian Industrial Value Chain Council (IIVCC), a group representing organisations involved in industrial production and consumption supply chain activities across India, has carried out research on some of the anomalies that exist in Indias aluminium industrial ecosystem, which are resulting in loss of forex for t

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Musk has to manufacture here to sell Tesla cars in India: Gadkari
Musk has to manufacture here to sell Tesla cars in India: Gadkari

New Delhi, Elon Musk, who has just bought Twitter for $44 billion, will have to manufacture his Tesla cars in India, and not China, if he wants to come and sell the vehicles in the country, Union Road Transport and Highways Minister Nitin Gadkari said here on Tuesday.

Reiterating that Musk will not get any special

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Shareholders, creditors of Jindal Steel & JSHL approve merger scheme
Shareholders, creditors of Jindal Steel & JSHL approve merger scheme

New Delhi, The ongoing merger process of Jindal Stainless Limited (JSL) and Jindal Stainless (Hisar) Limited (JSHL) has achieved another milestone as they convened meetings of their shareholders and creditors for approving the Scheme of Arrangement between the two companies.

Notably, the scheme of merger was appro

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Equity indices break two-day losing streak on value buying
Equity indices break two-day losing streak on value buying

New Delhi, Breaking a two-day losing streak, Indian equity benchmarks settled Tuesday's session in the green primarily due to value buying at lower levels.

Gains were mainly aided by a jump in shares in auto, realty, FMCG and PSU bank space.

"Benchmark Indices gained one and a half percenta

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Rising mercury may affect some EV batteries: Gadkari
Rising mercury may affect some EV batteries: Gadkari

New Delhi, Union Road Transport and Highways Minister Nitin Gadkari on Tuesday again cautioned EV makers to recall all faulty two-wheelers, saying that some EV batteries may be facing issues owing to extreme hot weather conditions the country is currently going through.

Addressing the Raisina Dialogue here, he sai

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Local banks rebuffed $3.2 billion offer from Mukesh Ambani's conglomerate: Report
Local banks rebuffed $3.2 billion offer from Mukesh Ambani's conglomerate: Report

New Delhi,  It was a contentious plan to repay overseas bondholders in full that brought what would have been India's biggest retail deal to a grinding halt, media reports said.

Debt-laden Future Retail Ltd.'s offshore bondholders -- a relatively smaller part of the creditor pool -- were promised 100

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