Industry

Total expenses shot up to Rs 826 crore in FY19 compared to Rs 492.91 crore in FY18, a rise of 67.59%, the filings showed.Uber India Systems’ total profits increased 63.41% year-on-year to Rs 43.24 crore in the year to March 2019. Revenue…
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Last year, DoT had notified guidelines for conducting 5G trials. (Representational image)To start 5G trials during the January-March quarter, the department of telecommunications (DoT) on Tuesday asked all the concerned companies —…
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In its order, the insurance regulator also said insurance intermediaries have created a panel of insurers which is in violation of the guidelines on the MISP.The Insurance Regulatory and Development Authority of India (Irdai) has imposed…
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The data show that the reluctance of banks in lending to NBFCs in the aftermath of the IL&FS crisis continued in November as well.The growth in bank credit to the services sector slid to 4.8% year-on-year in November against 28.1% a…
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This was also reflected in the data for the first half of 2019-20 where domestic passenger traffic growth was a mere 2 per cent, she added. (Representational image)Non-revival of Jet Airways, coupled with grounding of the Boeing 737 Max…
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Startups in six sectors — agriculture, data and analytics, education, health, IT consulting/solution and manufacturing — accounted for nearly 50 per cent of the survey respondents.About half of the startups dealt in innovative products…
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In 2018, the government had proposed to offload 76 per cent equity share capital of the national carrier as well as transfer the management control to private players.Weeks after the Air India chief stated that the airline’s financial…
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Dinesh Aggarwal, joint managing director, Panasonic Life Solutions IndiaPanasonic Life Solutions India (formerly Anchor Electricals) expects to grow 16-17% annually over the next 2-3 years despite the challenging economic conditions and…
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Besides liquidity pressure, consumer sentiments were also weak because of no job addition, and salary hike was muted in 2019. (Reuters)With most of 2019 spent in battling for growth, the FMCG industry expects a revival in consumer demand…
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The initiative will be extended to other parts of the country in 2020.Mobile phone users in Delhi-NCR will now find it easier to trace or block their lost or stolen devices. The Department of Telecommunications (DoT) has launched the…
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