Business

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Indus Towers enabled 90% network coverage in Sikkim even during the lockdown period

Indus Towers enabled 90% network coverage in Sikkim even during the lockdown period

Continuing the country’s fight against COVID-19 as a committed partner, Indus Towers has been working relentlessly in Sikkim ensuring an average uptime of 99.90% during the lockdown period and the following months. While adhering to social distancing norms, Indus Towers is playing a crucial role in keeping the 164 mobile towers and 319 tenancies operating and enabling seamless connectivity across the state especially during the period of lockdown. With towers even in high altitude places such as Lachung and Lachen which supported the local administration with essential services as well as the general public. Going above and beyond, field personnel…
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BKT Tires to sponsor 6 teams in upcoming T-20 League

BKT Tires to sponsor 6 teams in upcoming T-20 League

Balkrishna Industries Ltd. (BKT Tires), the Indian multinational group and global player in the Off-Highway tire market has announced that it will be sponsoring six teams in the upcoming T-20 league for Season 2020, namely Mumbai Indians, Chennai Super Kings, Delhi Capitals, Kings XI Punjab, Kolkata Knight Riders and Rajasthan Royals. BKT has already been promoting this sport by supporting the KFC Big Bash League (BBL) based on an agreement with Cricket Australia. Whether it is about cricket, football, or the amazing stunts at Monster Jam – BKT loves the sport because it fully reflects its corporate philosophy: commitment and…
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Q1 GDP data: Employment-creating sectors get hit drastically

Q1 GDP data: Employment-creating sectors get hit drastically

The April-June quarter GDP data, released on Monday, showed thedeepest damage in the employment-creating sectors, likeconstruction and manufacturing. This comes at a time the Centreand the Finance Ministry are talking about green shoots in theeconomy. According to the data released by the National Statistical Office, theconstruction sector fell a staggering 50.3 per cent, whilemanufacturing sector contracted by 39.3 per cent, at constantprices. Almost all the major sub-sectors reported a contraction, withconstruction activities, manufacturing sector and trade, hotels, andtransport in the services sector being hit the worst hit. Thecontraction in some services is large, and as these continue to beunder restricted…
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Pandemic vs Economy:At -23.9%, GDP Contracts For First Time In Over Four Decades

Pandemic vs Economy:At -23.9%, GDP Contracts For First Time In Over Four Decades

The data Of falling GDP comes as the government is strategically removing restrictions imposed in March to curb COVID-19 infections, which have caused a big blow to an already-slowing economy. Chief Economic Advisor Krishnamurthy Subramanian said, "India was in a lockdown all through April to June quarter with majority of  economic activities being restricted. So this trend is along expected lines... Core Sector output is clearly showing a V-shaped recovery." This is by far the India’s deepest recession on record and would likely to continue due to the rapid spread of pandemic which is going to adversely affect our economic…
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PANDEMIC vs ECONOMY :Domestic petrol prices increased

PANDEMIC vs ECONOMY :Domestic petrol prices increased

Domestic petrol prices were increased by 9-11 paise per litre in the metros on Friday whereas diesel rates were left unchanged at existing levels. In Delhi, the price of petrol was raised to ₹ 81.94 from ₹ 81.83 per litre with effect from 6 am on August 28, while that of diesel was retained at ₹73.56 per litre, according to notifications from state-run Indian Oil Corporation. In Mumbai, petrol price was revised to Rs 81.94 per litre, from ₹ 88.48, while diesel rate was maintained at ₹ 80.11 per litre. This pandemic has been hitting hard on the economy leading…
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Jio Fiber broadband new plans

Jio Fiber broadband new plans

The Reliance Jio company has revamped its Jio Fiber broadband plans to make the service more enticing for the customers. The new Jio Fiber plans are priced starting just Rs. 399/month. Not only this JioFiber is also available on a no-condition 30-day free trial as well for new users. Jio says that these plans will have symmetric speed, that means download speed will be equal to upload speed, something that wasn't the case before. As part of the trial period, new JioFiber customers will get 150 Mbps internet speeds, 4K Set-Top Box with access to top 10 paid OTT apps…
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JSW Group combines distribution & supply chain

JSW Group combines distribution & supply chain

JSW Group is combining its distribution and supply chain expertise across the Steel & Cement businesses under an integrated JSW One initiative. JSW Group has a presence in Steel, Cement & Paints business in India. All these three products have a common set of customers as they are essential in building a home. In order to reach out to these common set of consumers & channel partners, an integrated effort is being mobilized through this unique initiative. JSW One has commenced operations in the East Region and will be scaled-up pan-India over the next couple of years. It will derive…
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NHIDCL appoints REPL as a consultant for improvement of NH

NHIDCL appoints REPL as a consultant for improvement of NH

 National Highways & Infrastructure Development Corporation Limited (NHIDCL) appointed Rudrabhishek Enterprises Limited (REPL) as supervision consultant for widening and improvement of a section of NH-39 & NH-102C in Manipur. The agreement was signed on 19 August in Delhi. The project is to widen and improve the Imphal-Moreh section (29.731 km) on NH-39 in Manipur. Besides, it also includes the construction of Moreh Bypass (2.52 km) to two-lane with a paved shoulder on NH-39 near Indo-Myanmar border and widening and strengthening to two-lane with hard paved shoulder of Pallel-Chandel section (18.292 km) of NH-102C. The total stretch of the National Highway…
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Britannia Cake Layerz – A daily dose of excitement

Britannia Cake Layerz – A daily dose of excitement

Britannia Cake with the aim to create excitement and delight amongst kids and in turn help the parents in bringing a smile on their kid’s face has come up with the brand-new Britannia Cake Layerz – with indulgent crème sandwiched between two delicious layers of Cake. Announcing the launch of this exciting new format, Britannia Cakes recently released a TV campaign. The campaign brings out some of the indulgent aspects of Britannia Cake Layerz that make it kid’s favourite. Britannia Cake Layerz has been launched in an indulgent offering of INR 5 and two exciting flavours – Chocolate and Orange.…
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Axis Bank launches GIG-A-Opportunities

Axis Bank launches GIG-A-Opportunities

 India’s third largest Bank, Axis Bank announced the launch of GIG-A Opportunities, a platform for alternate work models that encourage greater flexibility, diversity and inclusivity.  Axis Bank’s ‘GIG-A-Opportunities’ is the answer to the challenge of having an integrated work model & solution that addresses the varied skill requirements of a large corporate, while meeting the need of flexibility and ease for a growing pool of untapped talent. ‘GIG-A-Opportunities’ is pegged for large opportunities in the job market. It will open up large prospects in digital banking, technology, risk modelling, virtual sales, audit and credit policy, which are the first set…
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